factual

For Bojangles, what was the total amount due to Vayner Consulting, LLC as of December 29, 2024?

Bojangles Franchise · 2025 FDD

Answer from 2025 FDD Document

-average fair value of the Time-based Awards on the dates of the grant ranged in value from $30.14 to $64.92. The weighted-average fair value of the Performance-based Awards on the date of grant ranged from $6.13 to $64.10 depending on the outcome of the performance objectives.

As of December 29, 2024, there was $1,940 of total unrecognized compensation cost related to Timebased Awards, which is

Source: Item 22 — CONTRACTS (FDD page 82)

What This Means (2025 FDD)

According to Bojangles' 2025 Franchise Disclosure Document, Vayner Consulting, LLC (VC) is owned by a member of Bojangles' board of directors. The document states that Bojangles did not utilize VC for consulting services during the year ending December 29, 2024.

For the year ending December 31, 2023, Bojangles obtained $10 in consulting services from VC, and $113 for the year ending December 25, 2022.

Importantly, the FDD explicitly states that no amounts were due to VC as of December 29, 2024, or December 31, 2023. This means that Bojangles had fully paid for any services provided by Vayner Consulting, LLC by those dates.

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.
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