Exhibit 10.18
Development Agreement # _________
EL POLLO LOCO® FRANCHISE DEVELOPMENT AGREEMENT
Dated: ____________________
Territory: |
Developer: |
(Disclosure Document Control No. 033021)
Exhibit G of Multi-State Disclosure Document (Control No. 033021)
Franchise Development Agreement - Page 1 of 25
Exhibit 10.18
Development Agreement # _________
TABLE OF CONTENTS
EXHIBITS
Exhibit G of Multi-State Disclosure Document (Control No. 033021)
Franchise Development Agreement - Page 2 of 25
Exhibit 10.18
Development Agreement # _________
EL POLLO LOCO® FRANCHISE DEVELOPMENT AGREEMENT
(Non-exclusive/Exclusive)
THIS FRANCHISE DEVELOPMENT AGREEMENT (“Agreement”) dated for identification purposes only as of _____________________, is made and entered into by and between EL POLLO LOCO, INC., a Delaware corporation, with its principal place of business at 3535 Harbor Blvd, Suite 100, Costa Mesa, California 92626 (referred to herein as “El Pollo Loco” or “Franchisor”) and __________________a___________, with its principal place of business at _____________________________________ (“Developer”).
Recitals.
NOW, THEREFORE, in consideration of the mutual covenants and obligations herein contained, the parties hereto agree as follows:
Exhibit G of Multi-State Disclosure Document (Control No. 033021)
Franchise Development Agreement - Page 3 of 25
Exhibit 10.18
Development Agreement # _________
Exhibit G of Multi-State Disclosure Document (Control No. 033021)
Franchise Development Agreement - Page 4 of 25
Exhibit 10.18
Development Agreement # _________
Exhibit G of Multi-State Disclosure Document (Control No. 033021)
Franchise Development Agreement - Page 5 of 25
Exhibit 10.18
Development Agreement # _________
Exhibit G of Multi-State Disclosure Document (Control No. 033021)
Franchise Development Agreement - Page 6 of 25
Exhibit 10.18
Development Agreement # _________
Exhibit G of Multi-State Disclosure Document (Control No. 033021)
Franchise Development Agreement - Page 7 of 25
Exhibit 10.18
Development Agreement # _________
Exhibit G of Multi-State Disclosure Document (Control No. 033021)
Franchise Development Agreement - Page 8 of 25
Exhibit 10.18
Development Agreement # _________
Exhibit G of Multi-State Disclosure Document (Control No. 033021)
Franchise Development Agreement - Page 9 of 25
Exhibit 10.18
Development Agreement # _________
Exhibit G of Multi-State Disclosure Document (Control No. 033021)
Franchise Development Agreement - Page 10 of 25
Exhibit 10.18
Development Agreement # _________
Exhibit G of Multi-State Disclosure Document (Control No. 033021)
Franchise Development Agreement - Page 11 of 25
Exhibit 10.18
Development Agreement # _________
Exhibit G of Multi-State Disclosure Document (Control No. 033021)
Franchise Development Agreement - Page 12 of 25
Exhibit 10.18
Development Agreement # _________
Exhibit G of Multi-State Disclosure Document (Control No. 033021)
Franchise Development Agreement - Page 13 of 25
Exhibit 10.18
Development Agreement # _________
Exhibit G of Multi-State Disclosure Document (Control No. 033021)
Franchise Development Agreement - Page 14 of 25
Exhibit 10.18
Development Agreement # _________
Exhibit G of Multi-State Disclosure Document (Control No. 033021)
Franchise Development Agreement - Page 15 of 25
Exhibit 10.18
Development Agreement # _________
Exhibit G of Multi-State Disclosure Document (Control No. 033021)
Franchise Development Agreement - Page 16 of 25
Exhibit 10.18
Development Agreement # _________
Exhibit G of Multi-State Disclosure Document (Control No. 033021)
Franchise Development Agreement - Page 17 of 25
Exhibit 10.18
Development Agreement # _________
Exhibit G of Multi-State Disclosure Document (Control No. 033021)
Franchise Development Agreement - Page 18 of 25
Exhibit 10.18
Development Agreement # _________
Exhibit G of Multi-State Disclosure Document (Control No. 033021)
Franchise Development Agreement - Page 19 of 25
Exhibit 10.18
Development Agreement # _________
Exhibit G of Multi-State Disclosure Document (Control No. 033021)
Franchise Development Agreement - Page 20 of 25
Exhibit 10.18
Development Agreement # _________
Exhibit G of Multi-State Disclosure Document (Control No. 033021)
Franchise Development Agreement - Page 21 of 25
Exhibit 10.18
Development Agreement # _________
El Pollo Loco, Inc.
Attn: Legal Department re. DA# _____
3535 Harbor Blvd, Suite 100
Costa Mesa, CA 92626
(714) 599-5503 (fax)
Exhibit G of Multi-State Disclosure Document (Control No. 033021)
Franchise Development Agreement - Page 22 of 25
Exhibit 10.18
Development Agreement # _________
SIGNATURE PAGE(S) TO FOLLOW
Exhibit G of Multi-State Disclosure Document (Control No. 033021)
Franchise Development Agreement - Page 23 of 25
Exhibit 10.18
Development Agreement # _________
IN WITNESS WHEREOF, the parties hereto have duly executed, sealed and delivered this Agreement in duplicate original as of the dates set forth below.
FRANCHISOR: | | | ||
EL POLLO LOCO, INC., a Delaware Corporation | | | ||
By: | | | | |
Name: | | | | |
Title: | | | | |
Date: | | | | |
DEVELOPER: | | | ||
____________________________, a ____________ | | | ||
By: | | | | |
Name: | | | | |
Title: | | | | |
Date: | | | | |
Exhibit G of Multi-State Disclosure Document (Control No. 033021)
Franchise Development Agreement - Page 24 of 25
Exhibit 10.18
Development Agreement # _________
Exhibit G of Multi-State Disclosure Document (Control No. 033021)
Franchise Development Agreement - Page 25 of 25
Exhibit 10.18
Development Agreement # _________
EXHIBIT "B" TO DEVELOPMENT AGREEMENT - DEVELOPMENT SCHEDULE
DEVELOPER NAME: | |
NOTICE ADDRESS: | |
OFFICE PHONE: | |
OFFICE FAX: | |
PRINCIPAL1: | |
PRINCIPAL1 MOBILE & EMAIL: | |
PRINCIPAL2: | |
PRINCIPAL2 MOBILE & EMAIL: | |
COMMENCEMENT DATE: | |
EXPIRATION DATE: | |
TOTAL DEVELOPMENT FEE: | |
DEVELOPMENT SCHEDULE:
RESTAURANT NUMBER | INITIAL FRANCHISEE AMOUNT1 | RESAC SUBMITTAL DATES | SITE COMMITMENT DATES (Date for delivery of signed leases or purchase agreements) | OPENING DATE OF RESTAURANT |
Restaurant #1 | $40,000.00 | | | |
Restaurant #2 | $30,000.00 | | | |
Restaurant #3 | $30,000.00 | | | |
1 Initial Franchise Fee is the total amount applicable to this unit, without applying the Development Fee deposited with Franchisor at the time of execution of this Agreement.
Exhibit G of Multi-State Disclosure Document (Control No. 033021)
Franchise Development Agreement - Page 26 of 25
Exhibit 10.18
Development Agreement # _________
Exhibit G of Multi-State Disclosure Document (Control No. 033021)
Franchise Development Agreement - Page 27 of 25
Exhibit 10.18
Development Agreement # _________
EXHIBIT “D” TO DEVELOPMENT AGREEMENT - AMENDMENT TO DEVELOPMENT AGREEMENT
(To be offered if you qualify for the Development Incentive Program and provided you have sign a Franchise Development Agreement for a New Market)
THIS AMENDMENT TO FRANCHISE DEVELOPMENT AGREEMENT (“Amendment”) is made and entered into this ___ day of ______________, by and between EL POLLO LOCO, INC., a Delaware corporation (“Franchisor”), with its principal place of business at 3535 Harbor Blvd, Suite 100, Costa Mesa, California 92626 and _____________________________, a ____________________, with its principal place of business at __________________________________________ (“Developer”).
RECITALS:
AGREEMENT:
NOW, THEREFORE, in consideration of the mutual covenants and obligations herein contained, the parties hereto agree as follows:
Reduced Royalty | Applicable Time Period (Measured from the Opening Date) |
2% | Year 1 |
3% | Year 2 |
4% | Year 3 |
5% | Year 4 and subsequent years |
Exhibit G of Multi-State Disclosure Document (Control No. 033021)
Franchise Development Agreement - Page 28 of 25
Exhibit 10.18
Development Agreement # _________
IN WITNESS WHEREOF, the parties hereto have duly executed, sealed and delivered this Amendment in duplicate original as of the date(s) set forth below.
FRANCHISOR: EL POLLO LOCO, INC., a Delaware corporation | | DEVELOPER: ________________________, a _______________ | |||
By: | | | By: | | |
Name: | | | Name: | | |
Title: | | | Title: | | |
Date: | | | Date: | |
Exhibit G of Multi-State Disclosure Document (Control No. 033021)
Franchise Development Agreement - Page 29 of 25