What is the 'Development Obligation' for a Marble Slab Creamery franchisee, and where is it detailed in the agreement?

According to the 2025 Marble Slab Creamery FDD, the Development Obligation for a multi-unit franchisee is detailed in Section 3.1 of the Multi-Unit Restaurant Agreement. This section specifies that, subject to certain conditions, the franchisee must construct, equip, open, and continuously operate a minimum cumulative number of restaurants within the Development Area during each Development Period, as outlined in Exhibit B of the agreement.

In practical terms, this means a franchisee entering into a multi-unit agreement commits to a schedule of opening a certain number of Marble Slab Creamery locations within a defined territory and timeframe. The specific number of restaurants and the duration of the development period are determined by the agreement and detailed in Exhibit B.

This obligation is a significant commitment, as the franchisee is responsible for managing the construction, equipping, and operation of multiple locations. Failure to meet the development schedule could result in penalties or termination of the agreement. Prospective franchisees should carefully review Exhibit B and understand the specific development requirements before signing the agreement.

It's important to note that the agreement also addresses exclusivity. If the franchisee selects a "Non-exclusive" option, Marble Slab Creamery retains the right to operate or franchise other locations within the Development Area. Conversely, selecting the "Protected Rights" option provides territorial protection, preventing Marble Slab Creamery from opening or licensing other restaurants within the Development Area, subject to certain reserved rights.