Common use of Development Schedule Clause in Contracts

Development Schedule. The FRANCHISEE acknowledges and agrees that a material provision of this Agreement is that the following number of We Care Hair Businesses must be opened and continuously operating in the Franchised Area during the term of this Agreement in accordance with the following development schedule: ---------------------------- -------------------------------------------- --------------------------------------------- NUMBER OF WE CARE HAIR BUSINESSES REQUIRED CUMULATIVE NUMBER OF WE CARE HAIR TO BE OPENED AND CONTINUOUSLY OPERATING BUSINESSES REQUIRED TO BE OPEN AND FOR BUSINESS IN THE FRANCHISED AREA DURING CONTINUOUSLY OPERATING FOR BUSINESS IN THE PERIOD THE PERIOD FRANCHISED AREA AT THE END OF THE PERIOD ---------------------------- -------------------------------------------- --------------------------------------------- -first half: YEAR 1 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- -first half: YEAR 2 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- -first half: YEAR 3 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- -first half: YEAR 4 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- -first half: YEAR 5 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- -first half: YEAR 6 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- -first half: YEAR 7 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- -first half: YEAR 8 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- -first half: YEAR 9 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- -first half: YEAR 10 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- The half-year periods set forth above will be determined from the date of this Agreement, so that the first half-year period of the development schedule set forth above will end six (6) months from the date of this Agreement. For purposes of determining compliance with the development schedule set forth in this Article 3.4, only the FRANCHISEE'S We Care Hair Businesses actually open and continuously operating for business in the Franchised Area as of the end of a given half-year period will be counted toward the number of We Care Hair Businesses required to be open and continuously operating for business.

Appears in 1 contract

Samples: Development Agreement (Barbers Hairstyling for Men & Women Inc)

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Development Schedule. The FRANCHISEE acknowledges and agrees that a material provision of this Agreement is that the following number of We Care Hair Businesses must be opened and continuously operating in the Franchised Area during the term of this Agreement in accordance with the following development schedule: ---------------------------- ------------------------------------------- -------------------------------------------- --------------------------------------------- NUMBER OF WE CARE HAIR BUSINESSES REQUIRED CUMULATIVE NUMBER OF WE CARE HAIR BUSINESSES TO BE OPENED AND CONTINUOUSLY OPERATING BUSINESSES FOR REQUIRED TO BE OPEN AND FOR CONTINUOUSLY BUSINESS IN THE FRANCHISED AREA DURING CONTINUOUSLY THE OPERATING FOR BUSINESS IN THE FRANCHISED PERIOD THE PERIOD FRANCHISED AREA AT THE END OF THE PERIOD ---------------------------- ----------- ---------------- ------------------------------------------- -------------------------------------------- --------------------------------------------- -first half: YEAR 1 -second half: ---------------------------- ----------- ---------------- ------------------------------------------- ---------------------------------------------- -------------------------------------------- -first half: YEAR 2 -second half: ---------------------------- ----------- ---------------- ------------------------------------------- ---------------------------------------------- -------------------------------------------- -first half: YEAR 3 -second half: ---------------------------- ----------- ---------------- ------------------------------------------- ---------------------------------------------- -------------------------------------------- -first half: YEAR 4 -second half: ---------------------------- ----------- ---------------- ------------------------------------------- ---------------------------------------------- -------------------------------------------- -first half: YEAR 5 -second half: ---------------------------- ----------- ---------------- ------------------------------------------- ---------------------------------------------- -------------------------------------------- -first half: YEAR 6 -second half: ---------------------------- ----------- ---------------- ------------------------------------------- ---------------------------------------------- -------------------------------------------- -first half: YEAR 7 -second half: ---------------------------- ----------- ---------------- ------------------------------------------- ---------------------------------------------- -------------------------------------------- -first half: YEAR 8 -second half: ---------------------------- ----------- ---------------- ------------------------------------------- ---------------------------------------------- -------------------------------------------- -first half: YEAR 9 -second half: ---------------------------- ----------- ---------------- ------------------------------------------- ---------------------------------------------- -------------------------------------------- -first half: YEAR 10 -second half: ---------------------------- ----------- ---------------- ------------------------------------------- ---------------------------------------------- -------------------------------------------- The half-year periods set forth above will be determined from the date of this Agreement, so that the first half-year period of the development schedule set forth above will end six (6) months from the date of this Agreement. For purposes of determining compliance with the development schedule set forth in this Article 3.4, only the FRANCHISEE'S We Care Hair Businesses actually open and continuously operating for business in the Franchised Area as of the end of a given half-year period will be counted toward the number of We Care Hair Businesses required to be open and continuously operating for business.

Appears in 1 contract

Samples: Development Agreement (Barbers Hairstyling for Men & Women Inc)

Development Schedule. The FRANCHISEE acknowledges and agrees that a material provision of this Agreement is that the following number of We Care Hair Cost Cutters Businesses must be opened and continuously operating in the Franchised Area during the term of this Agreement in accordance with the following development schedule: ---------------------------- -------------------------------------------- --------------------------------------------- NUMBER OF WE CARE HAIR COST CUTTERS BUSINESSES REQUIRED CUMULATIVE NUMBER OF WE CARE HAIR COST CUTTERS BUSINESSES TO BE OPENED AND CONTINUOUSLY OPERATING BUSINESSES FOR REQUIRED TO BE OPEN AND FOR CONTINUOUSLY BUSINESS IN THE FRANCHISED AREA DURING CONTINUOUSLY THE OPERATING FOR BUSINESS IN THE FRANCHISED PERIOD THE PERIOD FRANCHISED AREA AT THE END OF THE PERIOD ---------------------------- -------------------------------------------- --------------------------------------------- -first half: YEAR 1 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- -first half: YEAR 2 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- -first half: YEAR 3 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- -first half: YEAR 4 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- -first half: YEAR 5 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- -first half: YEAR 6 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- -first half: YEAR 7 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- -first half: YEAR 8 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- -first half: YEAR 9 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- -first half: YEAR 10 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- The half-year periods set forth above will be determined from the date of this Agreement, so that the first half-year period of the development schedule set forth above will end six (6) months from the date of this Agreement. For purposes of determining compliance with the development schedule set forth in this Article 3.4, only the FRANCHISEE'S We Care Hair Cost Cutters Businesses actually open and continuously operating for business in the Franchised Area as of the end of a given half-year period will be counted toward the number of We Care Hair Cost Cutters Businesses required to be open and continuously operating for business.

Appears in 1 contract

Samples: Development Agreement (Barbers Hairstyling for Men & Women Inc)

Development Schedule. The FRANCHISEE acknowledges and agrees that a material provision of this Agreement is that the following number of We Care Hair Cost Cutters Businesses must be opened and continuously operating in the Franchised Area during the term of this Agreement in accordance with the following development schedule: ---------------------------- -------------------------------------------- --------------------------------------------- NUMBER OF WE CARE HAIR COST CUTTERS BUSINESSES REQUIRED CUMULATIVE NUMBER OF WE CARE HAIR COST CUTTERS TO BE OPENED AND CONTINUOUSLY OPERATING BUSINESSES REQUIRED TO BE OPEN AND FOR BUSINESS IN THE FRANCHISED AREA DURING CONTINUOUSLY OPERATING FOR BUSINESS IN THE PERIOD THE PERIOD FRANCHISED AREA AT THE END OF THE PERIOD ---------------------------- -------------------------------------------- --------------------------------------------- -first half: YEAR 1 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- -first half: YEAR 2 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- -first half: YEAR 3 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- -first half: YEAR 4 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- -first half: YEAR 5 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- -first half: YEAR 6 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- -first half: YEAR 7 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- -first half: YEAR 8 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- -first half: YEAR 9 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- -first half: YEAR 10 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- The half-year periods set forth above will be determined from the date of this Agreement, so that the first half-year period of the development schedule set forth above will end six (6) months from the date of this Agreement. For purposes of determining compliance with the development schedule set forth in this Article 3.4, only the FRANCHISEE'S We Care Hair Businesses actually open and continuously operating for business in the Franchised Area as of the end of a given half-year period will be counted toward the number of We Care Hair Businesses required to be open and continuously operating for business.----------------------------------------------

Appears in 1 contract

Samples: Development Agreement (Barbers Hairstyling for Men & Women Inc)

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Development Schedule. The FRANCHISEE acknowledges and agrees that a material provision of this Agreement is that the following number of We Care Hair Businesses City Looks Salons International businesses must be opened and continuously operating in the Franchised Area during the term of this Agreement in accordance with the following development schedule: ---------------------------- -------------------------------------------- --------------------------------------------- ---------------------- ------------------------------------------- ------------------------------------------- NUMBER OF WE CARE HAIR CITY LOOKS BUSINESSES REQUIRED CUMULATIVE NUMBER OF WE CARE HAIR CITY LOOKS BUSINESSES TO BE OPENED AND CONTINUOUSLY OPERATING BUSINESSES REQUIRED TO BE OPEN AND CONTINUOUSLY PERIOD FOR BUSINESS IN THE FRANCHISED AREA DURING CONTINUOUSLY OPERATING FOR BUSINESS IN THE PERIOD FRANCHISED ------ THE PERIOD FRANCHISED PERIOD. AREA AT THE END OF THE PERIOD ---------------------------- -------------------------------------------- --------------------------------------------- -first half: PERIOD. ---------------------- ------------------------------------------- ------------------------------------------- YEAR 1 -first half -second half: ---------------------------- half ---------------------- ------------------------------------------- ---------------------------------------------- -first half: ------------------------------------------- YEAR 2 -first half -second half: ---------------------------- half ---------------------- ------------------------------------------- ---------------------------------------------- -first half: ------------------------------------------- YEAR 3 -first half -second half: ---------------------------- half ---------------------- ------------------------------------------- ---------------------------------------------- -first half: ------------------------------------------- YEAR 4 -first half -second half: ---------------------------- half ---------------------- ------------------------------------------- ---------------------------------------------- -first half: ------------------------------------------- YEAR 5 -first half -second half: ---------------------------- half ---------------------- ------------------------------------------- ---------------------------------------------- -first half: ------------------------------------------- YEAR 6 -first half -second half: ---------------------------- half ---------------------- ------------------------------------------- ---------------------------------------------- -first half: ------------------------------------------- YEAR 7 -first half -second half: ---------------------------- half ---------------------- ------------------------------------------- ---------------------------------------------- -first half: ------------------------------------------- YEAR 8 -second half: ---------------------------- -first half ---------------------- ------------------------------------------- ---------------------------------------------- -first half: YEAR 9 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- -first half: YEAR 10 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- The half-year periods set forth above will be determined from the date of this Agreement, so that the first half-year period of the development schedule set forth above will end six (6) months from the date of this Agreement. For purposes of determining compliance with the development schedule set forth in this Article 3.4, only the FRANCHISEE'S We Care Hair Businesses actually open and continuously operating for business in the Franchised Area as of the end of a given half-year period will be counted toward the number of We Care Hair Businesses required to be open and continuously operating for business.-------------------------------------------

Appears in 1 contract

Samples: Development Agreement (Barbers Hairstyling for Men & Women Inc)

Development Schedule. The FRANCHISEE acknowledges and agrees that a material provision of this Agreement is that the following number of We Care Hair Businesses City Looks Salons International businesses must be opened and continuously operating in the Franchised Area during the term of this Agreement in accordance with the following development schedule: ---------------------------- ------------------------- ------------------------------------------ -------------------------------------------- --------------------------------------------- NUMBER OF WE CARE HAIR CITY LOOKS BUSINESSES REQUIRED CUMULATIVE NUMBER OF WE CARE HAIR CITY LOOKS TO BE OPENED AND CONTINUOUSLY OPERATING BUSINESSES REQUIRED TO BE OPEN AND FOR BUSINESS IN THE FRANCHISED AREA DURING CONTINUOUSLY OPERATING FOR BUSINESS IN PERIOD DURING THE PERIOD PERIOD. THE PERIOD FRANCHISED AREA AT THE END OF THE PERIOD ---------------------------- PERIOD. ------------------------- ------------------------------------------ -------------------------------------------- --------------------------------------------- -first half: YEAR 1 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- -first half: - first half - second half ------------------------- ------------------------------------------ -------------------------------------------- YEAR 2 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- -first half: - first half - second half ------------------------- ------------------------------------------ -------------------------------------------- YEAR 3 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- -first half: - first half - second half ------------------------- ------------------------------------------ -------------------------------------------- YEAR 4 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- -first half: - first half - second half ------------------------- ------------------------------------------ -------------------------------------------- YEAR 5 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- -first half: - first half - second half ------------------------- ------------------------------------------ -------------------------------------------- YEAR 6 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- -first half: - first half - second half ------------------------- ------------------------------------------ -------------------------------------------- YEAR 7 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- -first half: - first half - second half ------------------------- ------------------------------------------ -------------------------------------------- YEAR 8 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- -first half: YEAR 9 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- -first half: YEAR 10 -second half: ---------------------------- ------------------------------------------- ---------------------------------------------- - first half - second half ------------------------- ------------------------------------------ -------------------------------------------- The half-year periods set forth above will be determined from the date of this Agreement, so that the first half-year period of the development schedule set forth above will end be six (6) months from the date of this Agreement. For purposes of determining compliance with the development schedule set forth in this Article 3.4, only the FRANCHISEE'S We Care Hair Businesses City Looks businesses actually open and continuously operating for business in the Franchised Area as of the end of a given half-year period will be counted toward the number of We Care Hair Businesses City Looks businesses required to be open and continuously operating for business.

Appears in 1 contract

Samples: Development Agreement (Barbers Hairstyling for Men & Women Inc)

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