Who must directly supervise the Golden Corral Restaurant and business?

You (or if you are a corporation, limited liability company, partnership, or other entity, an individual principal who has been approved by us as your Operations Principal) must devote substantial time, energy, and best efforts to the management, supervision and operation of the Restaurant or, in the case of a developer, to the management, supervision and operation of the business. The Restaurant and business must be under the direct supervision of you or your Operations Principal. The Operations Principal must, if so required by Golden Corral, own at least a 10% equity interest in the developer and/or franchisee for which he or she serves as the Operations Principal; must attend and complete Golden Corral's training program as described in Items 6, 9 and 11, above; and must be a person who, in Golden Corral's sole judgment, possesses restaurant operations experience at a level appropriate to manage the number and type(s) of Restaurants to be developed by the developer or franchisee.

A manager who has successfully completed our training program must be present in each Restaurant at all times during the Restaurant's operation. This manager must satisfy our criteria for qualified managers. You are not obligated to offer any equity interest to the manager, but the manager's compensation package must be no less than any minimum standards we establish.

Source: Item 15 — OBLIGATION TO PARTICIPATE IN THE ACTUAL OPERATION OF THE FRANCHISE BUSINESS (FDD pages 56–58)