According to Buona's 2025 Franchise Disclosure Document, the Area Development Agreement mandates that the Developer develop, open, and operate a minimum of three Buona restaurants. The Developer must sign Franchise Agreements and leases or purchase agreements for Franchisor-approved sites and commence operations by specific dates outlined in the Development Schedule.

This obligation ensures that the Developer is committed to establishing a significant presence within the designated area. The Development Schedule, detailed in Exhibit B of the Area Development Agreement, specifies the deadlines for executing Franchise Agreements, leases, or purchase agreements, and commencing restaurant operations.

Failure to meet these deadlines could result in a breach of the Area Development Agreement, potentially leading to termination of the agreement and loss of development rights. This requirement is a standard practice in area development agreements, as it ensures that the developer actively pursues the expansion of the franchise within the agreed-upon territory and timeframe.