For Hawaiian Bros Island Grill, what is the definition of 'Controlling Principals'?

According to Hawaiian Bros Island Grill's 2025 Franchise Disclosure Document, the term 'Principal' is defined as any Person with a direct or indirect Ownership Interest in Developer, if Developer is a Business Entity, including any Controlling Principal. However, the document does not provide a specific definition for 'Controlling Principals'.

Given that 'Controlling Principal' is used in conjunction with 'Principal', it likely refers to individuals who have significant authority or control over the Developer entity. This could include those with a majority ownership stake, key management positions, or decision-making power within the company. The FDD emphasizes the obligations of both the Developer and its Controlling Principals, particularly in relation to non-compete agreements and protection of trade secrets.

Prospective Hawaiian Bros Island Grill franchisees should seek clarification from the franchisor regarding the precise criteria used to determine who qualifies as a 'Controlling Principal'. Understanding this definition is crucial because these individuals are subject to specific obligations and restrictions under the franchise agreement, such as non-compete clauses and confidentiality requirements. Franchisees should ensure they fully understand these obligations and how they apply to their specific circumstances.