According to Bang Cookies's 2024 Franchise Disclosure Document, the definition of 'Development Area Fee' is located in Section 4.1 of the Development Agreement. Specifically, Section 1 of the Development Agreement provides definitions for various terms used throughout the agreement. Among these definitions, it states that the term 'Development Area Fee' has the meaning set forth in Section 4.1 of the agreement.

Section 4.1 itself further clarifies that the Development Area Fee is the fee a franchisee pays to Bang Cookies in exchange for the rights granted to them under the Development Agreement. This fee is paid upon the execution of the agreement and is explicitly stated as non-refundable. The specific amount of the Development Area Fee is detailed in the Development Information Sheet, which is attached as Schedule A to the Development Agreement.

In practical terms, this means a prospective Bang Cookies multi-unit franchisee can find the precise definition and context of the Development Area Fee within these sections of the Development Agreement. They should refer to Section 1 for the initial definition, Section 4.1 for more details about the fee's purpose and non-refundable nature, and Schedule A (the Development Information Sheet) for the actual dollar amount they will be required to pay. Understanding these details is crucial for any potential franchisee before signing the Development Agreement.