According to Buona's 2025 Franchise Disclosure Document, Exhibit B to the Area Development Agreement outlines the development schedule for new Buona restaurants. This exhibit requires both the franchisor and the developer to initial the document. While the FDD excerpt shows signature lines for both parties, it does not explicitly state the purpose of these initials.

In general, requiring initials on a legal document like this serves to formally acknowledge that each party has reviewed and agreed to the terms within that specific section or exhibit. This practice helps to ensure that all parties are aware of their obligations and responsibilities, reducing the potential for future disputes or misunderstandings. In the case of Exhibit B, the initials would confirm that both Buona and the developer agree on the timeline for opening new restaurants.

Without a specific explanation in the provided FDD excerpts, it is advisable for a prospective Buona franchisee to seek clarification from the franchisor regarding the exact legal implications of initialing Exhibit B. Understanding the full context and purpose of these initials is a crucial part of due diligence before entering into the Area Development Agreement.