In the Washington Addendum to the Franchise Disclosure Document for Cinnaholic, what acknowledgement is made by each of the undersigned?
Cinnaholic Franchise · 2025 FDDAnswer from 2025 FDD Document
Each of the undersigned hereby acknowledges having read, understood, and executed this Addendum on
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER, AND DISPUTE RESOLUTION THE FRANCHISE RELATIONSHIP (FDD pages 42–50)
What This Means (2025 FDD)
Based on the excerpts from Cinnaholic's 2025 Franchise Disclosure Document, there is no Washington addendum present. However, addendums for Illinois and Virginia are included. In both the Illinois and Virginia addenda, each of the undersigned acknowledges having read, understood, and executed the addendum. The Illinois addendum includes a space for the date of execution. The Virginia addendum does not contain this acknowledgement.
In the Illinois addendum, the franchisee acknowledges reading, understanding, and executing the addendum. This acknowledgement confirms that the franchisee is aware of the modifications and supersedes to the Market Development Agreement specific to Illinois law. These modifications cover aspects such as governing law, payment of fees, venue stipulations, termination rights, and waivers of compliance.
Similarly, the Virginia addendum includes an acknowledgement by the franchisee. This acknowledgement indicates the franchisee's awareness of the modifications to the Market Development Agreement necessitated by the Virginia State Corporation Commission's requirements. These modifications primarily concern the deferral of initial franchise fee payments until Cinnaholic has fulfilled its pre-opening obligations.
Prospective franchisees should carefully review any state-specific addenda to understand their rights and obligations under the franchise agreement within their specific state's legal framework. It is important to note that the absence of a Washington addendum in the provided excerpts does not necessarily mean one does not exist or is not provided elsewhere in the FDD.