Does the document explicitly state the exact date the City Wide Franchise Agreement was entered into?

According to the 2025 City Wide Franchise Disclosure Document, the IT Services Agreement includes a space for the effective date to be entered. Attachment M to the Franchise Agreement, the IT Services Agreement, states that the agreement is made and entered into "on, ('Effective Date')". Additionally, in the recitals section, it states that City Wide and the franchisee are parties to that certain Franchise Agreement dated ________. This indicates that while the document refers to a Franchise Agreement date, it leaves a blank space for the specific date to be filled in, suggesting that the exact date is determined and recorded elsewhere during the agreement process.

Furthermore, Section 2.1 regarding the Initial Term states, "This Agreement will take effect on the date of execution of this Agreement ('Effective Date')." This implies that the effective date, which is the date of execution, is a critical component of determining the agreement's term. The initial term will expire on the tenth anniversary of the Effective Date, unless terminated according to Section 14 of this Agreement.

Prospective City Wide franchisees should confirm with City Wide the process by which the Franchise Agreement date is determined and officially recorded. Understanding when the agreement is considered 'executed' and the 'Effective Date' is crucial for calculating the term and obligations under the agreement. Franchisees should also clarify whether there are any conditions precedent to the agreement becoming effective, such as funding or training completion.