factual

If a Cream affiliate fails to comply with any other agreement with Cream, what is the cure period?

Cream Franchise · 2025 FDD

Answer from 2025 FDD Document

  • (21) you or an affiliate fails to comply with any other agreement with us or our affiliate and do not correct such failure within the applicable cure period, if any.

Source: Item 23 — RECEIPTS (FDD pages 61–192)

What This Means (2025 FDD)

According to Cream's 2025 Franchise Disclosure Document, if a Cream franchisee's affiliate fails to comply with any other agreement with Cream or its affiliate, the franchisee has the 'applicable cure period, if any' to correct the failure.

This means the cure period is not a fixed number of days but depends on the specific agreement that has been violated. The term 'if any' suggests that some agreements may not offer a cure period, requiring immediate compliance.

A prospective Cream franchisee should carefully review all agreements involving themselves or their affiliates to understand the specific cure periods, or lack thereof, for potential violations. It would be prudent to seek clarification from Cream regarding typical cure periods associated with different types of agreements to fully understand the obligations and potential risks.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.