Under what condition must the Bonchon Operating Principal attend either the Initial Training Program or Partner Training Program?

ment of their first Bonchon Business.

[2] We provide the Initial Training Program for you (if the franchisee is an individual) or your Operating Principal (if franchisee is a business entity) and your General Manager, Manager and Area Manager at no charge. If you or your Operating Principal will not be overseeing the management of the Restaurant's daily operations on a full-time basis, then you or your Operating Principal (as applicable) must either attend and successfully complete our Initial Training Program or Partner Training Program, which we will provide free of cost. If you replace your Operating Principal, General Manager, Manager or Area Manager, then we may charge you a replacement training fee of up to $5,500 per trainee. The replacement training cost will not apply to any replacement Operating Principal, General Manager, Manager or Area Manager who has already attended and successfully completed the Initial Training Program or the Partner Training Program (as applicable). You must pay all of your trainees' living and transportation expenses. Travel expenses depend on where your home base is located, whether you and your trainees can commute by car to our training base, and the number of people receiving the Initial Training Program or Partner Training Program. Lodging and food expenses depend on the number of people being trained and the class of accommodation. You pay all these expenses. The range of cost covers the expenses for the trainees who will attend a fifteen-day Initial Training Program or Partner Training Program and the expenses you will incur during the on-site opening training and assistance that we will provide during the 12-14 days surrounding th

Source: Item 7 — ESTIMATED INITIAL INVESTMENT YOUR ESTIMATED INITIAL INVESTMENT\ (FDD pages 24–37)