What are the two scenarios that trigger the 'Option to Purchase' clause for Hawaiian Bros Island Grill?

I am unable to provide information on the specific scenarios that trigger the 'Option to Purchase' clause for Hawaiian Bros Island Grill, according to the 2025 Franchise Disclosure Document excerpts provided. While the term "Option" is defined within Item 23, the document does not elaborate on the conditions or circumstances that would activate Hawaiian Bros Inc.'s right to purchase the franchise.

For a prospective franchisee, understanding these triggers is crucial. It dictates the circumstances under which Hawaiian Bros Island Grill could potentially buy back the franchise, impacting the franchisee's investment and long-term business plans. Without this knowledge, franchisees may be unprepared for such a possibility and its financial implications.

To gain clarity, a prospective Hawaiian Bros Island Grill franchisee should directly ask the franchisor for a comprehensive explanation of Section 10(f)(iii), which defines the "Option," and Section 10(f)(iv), which defines the "Option Period." Specifically, they should inquire about the events or conditions that would allow Hawaiian Bros Island Grill to exercise its option to purchase the franchise, as well as the procedures and financial terms associated with such a transaction.