Development Fee

Development Fee. A fee equal to the sum of one hundred percent (100%) of the Initial Franchise Fee ($30,000) for the first Restaurant to be developed under the Development Schedule, plus twenty percent (20%) of the Initial Franchise Fee for each additional Restaurant ($20,000) required to be developed thereafter pursuant to the Development Schedule.

Development Fee. A fee for the packaging of a Property, including negotiating and approving plans, and undertaking to assist in obtaining zoning and necessary variances and necessary financing for the Property, either initially or at a later date.

Development Fee. As defined in Clause 8;