Where in the Beard Papas franchise agreement can I find the definition of 'Development Period'?

According to Beard Papas's 2025 Franchise Disclosure Document, the definition of 'Development Period' can be found in Section 4.4 of the franchise agreement. The FDD specifies that the term 'Development Period' has the meaning defined and set forth in that particular section of the agreement.

For a prospective Beard Papas franchisee, this means that Section 4.4 of the franchise agreement is the key place to understand the duration and expectations for developing new Beard Papa's shops within their designated area. The 'Development Period' is directly tied to the 'Development Schedule,' which is also defined in Section 4.4, outlining the timeline for opening and operating new shops.

It is important for franchisees to carefully review Section 4.4 to fully understand their obligations and the timeline they must adhere to. Failure to meet the development obligations within the specified 'Development Period' and according to the 'Development Schedule' can result in termination of the agreement. This underscores the importance of thorough due diligence and realistic planning before entering into a multi-unit development agreement with Beard Papas.