For Hardees, who is required to devote their best efforts to the development, management, and operation of Franchised Restaurants in the Development Territory during the Development Term?

According to Hardees's 2025 Franchise Disclosure Document, both the Developer and the Development Principal are required to devote their best efforts to the development, management, and operation of Franchised Restaurants within the Development Territory during the Development Term. This obligation is a key component of the agreement between Hardees and the developer.

This requirement ensures that Hardees franchisees are actively involved and committed to growing the brand within their designated territory. The "Development Principal" typically refers to an individual who holds a significant ownership or management role within the developer entity. By requiring both the developer entity and the Development Principal to dedicate their best efforts, Hardees aims to foster a strong and dedicated partnership.

For a prospective Hardees franchisee, this means that they, or a designated principal within their organization, must be prepared to commit significant time and resources to the development and operation of the franchised restaurants. This commitment extends throughout the Development Term, which is defined by the agreement's duration. Failing to meet this "best efforts" obligation could potentially lead to breaches of the development agreement.