What minimum unencumbered equity ownership and controlling interest through any voting apparatus must the Operating Partner have in the Burger King Franchised Restaurant?

Franchisee acknowledges its understanding of BKC's franchising policy of requiring all individuals who have any interest in the Franchised Restaurant, whether directly, beneficially or contingently, to be named in and be a party to this Agreement. If Franchisee consists of more than one individual, the group must include an operating partner (the "Operating Partner"). If Franchisee consists of only one individual, such individual shall be the Operating Partner hereunder. The Operating Partner must, throughout the Term of the Agreement, (A) have a minimum fifty percent (50%) unencumbered equity ownership (including profits) and a minimum fifty percent (50%) controlling interest through any voting apparatus in the Franchised Restaurant, (B) devote full time and best efforts to the day-to-day operation of the Franchised Restaurant and any other BURGER KING Restaurants owned by Franchisee as to which such individual is the Operating Partner, (C) have no operational or management commitments in other businesses (except other BURGER KING Restaurants operated under franchises granted to such person by BKC), and (D) live in the "vicinity" of the Franchised Restaurant, as the term "vicinity" is defined for Operating Partners by BKC from time to time, in its reasonable discretion. Franchisee has not taken and agrees that it will not hereafter take, whether directly or indirectly, any action to avoid the financial interest requirements and the direct operation requirements set forth above through the entry of management agreements, consulting agreements or any other similar device or arrangement. Franchisee agrees to furnish BKC with such evidence as BKC may request from time to time for the purpose of assuring BKC that Franchisee's efforts and equity interest remain as represented in this Agreement.

Source: Item 23 — RECEIPTS (FDD pages 127–995)