For Bojangles, if a prospective franchisee is only signing a franchise agreement for a single restaurant and not a development agreement, which paragraphs of the Letter of Intent should they disregard?

According to Bojangles' 2025 Franchise Disclosure Document, if a prospective franchisee is only signing a franchise agreement for a single restaurant and not a development agreement, they should disregard paragraphs 6, 7, 8, and 9 of the Letter of Intent. These paragraphs typically pertain to development agreements, which outline the franchisee's obligations to open multiple Bojangles restaurants within a specific territory and timeframe.

Paragraph 6 of the Letter of Intent discusses the 'Development Agreement Assigned Area(s),' which defines the geographic areas where the franchisee is expected to develop restaurants. Paragraph 7 outlines the 'Development Schedule,' specifying the total number of restaurants the franchisee must develop and the timeline for doing so. Paragraph 8 details the 'Development Fee' per restaurant, which is paid upfront upon execution of the development agreement. Paragraph 9 mentions the 'Development Incentive Program,' which may offer financial incentives for meeting development milestones.

However, the Letter of Intent states that the fees outlined in paragraphs 10 and 11, which cover the franchise fee, royalty fees, and marketing fees, will still be applicable even if the franchisee is not signing a development agreement. This means that the franchisee will still be responsible for paying these fees associated with operating a single Bojangles restaurant. Prospective franchisees should carefully review the Letter of Intent and Franchise Agreement to understand their financial obligations and operational requirements.