table_specific

What does section 5 of the Hawaiian Bros Island Grill Development Agreement cover regarding development?

Hawaiian_Bros_Island_Grill Franchise · 2025 FDD

Answer from 2025 FDD Document

(1) Provision (2) Section in Development Agreement (3) Summary
a. Length of the Development Agreement term. 2 Term is based on the time required to open the number of franchise locations you agree to develop under the development schedule. The Expiration Date of your Development Agreement will be printed on the signature page to your Development Agreement.
b. Renewal or extension of the term (i) 5 (i) You may request an extension of the Development Period End Date if you experience delays beyond your control in opening a location by such date.
(ii) 8
(i) Extension of (ii) If you agree to develop more than one restaurant, you have a conditional right to renew the Development Agreement.
applicable
Development
Period End Date
(ii) Renewal of
development term
c. Requirements for Developer to renew or extend (i) Requirements for Development Period End Date Extension (ii) Requirements for Developer to (i) 5 (i) You must give us prompt written notice of the occurrence of a force majeure event and an estimate of the time required to remedy its effects. We will grant an extension if we determine you have made a good faith effort to comply with the requirements to open your franchise locations(s) but have experienced delays beyond your reasonable control. Such extension will be for the period of time we determine is reasonably necessary to remedy the events effects.

Source: Item 17 — RENEWAL, TERMINATION, TRANSFER, AND DISPUTE RESOLUTION (FDD pages 57–67)

What This Means (2025 FDD)

According to the 2025 Hawaiian Bros Island Grill Franchise Disclosure Document, Section 5 of the Development Agreement pertains to the extension of the Development Period End Date. Specifically, it outlines the requirements a developer must meet to request such an extension.

To extend the Development Period End Date, a Hawaiian Bros Island Grill developer must promptly provide written notice of any force majeure event (unforeseeable circumstances) and estimate the time needed to resolve its effects. Hawaiian Bros Island Grill will grant an extension if it determines the developer has made a good-faith effort to meet the requirements for opening their franchise locations but has faced delays beyond their reasonable control.

The extension granted by Hawaiian Bros Island Grill will be for a period deemed reasonably necessary to remedy the effects of the event. This ensures that developers who encounter legitimate, unavoidable delays have a mechanism to adjust their development schedule without penalty, provided they act in good faith and keep Hawaiian Bros Island Grill informed.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.