Exhibit 10.3
 
 Buffalo Wild Wings®
Area Development Agreement
 MCA ENTERPRISES, INC.
  (To be Completed by Us)




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TABLE OF CONTENTS
 SECTION
    
    PAGERECITALS
    
    
    1DEFINITIONS
    
    
    1GRANT OF DEVELOPMENT RIGHTS
    
    
    2DEVELOPMENT FEE
    
    
    4DEVELOPMENT SCHEDULE
    
    
    4TERM
    
    
    6YOUR DUTIES
    
    
    6DEFAULT AND TERMINATION
    
    
    7RIGHTS AND DUTIES OF PARTIES UPON TERMINATION OR EXPIRATION
    
    
    8TRANSFER
    
    
    10MISCELLANEOUS
    
    
    10
 APPENDICESA. DEVELOPMENT TERRITORYB. DEVELOPMENT SCHEDULE




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®
  RECITALS
   ®
    DEFINITIONS
      1




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GRANT OF DEVELOPMENT RIGHTS
      2




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3




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DEVELOPMENT FEE
     DEVELOPMENT SCHEDULE
    4




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Your Submission of Proposed Site
 Our Consent to Proposed Site
 Your Submission of Information
 Your Compliance with Our Then-Current Standards for Franchisees
 Good Standing
  5




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Execution of Franchise Agreement
   TERM
  YOUR DUTIES
    6




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DEFAULT AND TERMINATION
    7




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RIGHTS AND DUTIES OF PARTIES UPON TERMINATION OR EXPIRATION
       8




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9




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TRANSFER
    MISCELLANEOUS
     10




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Applicable Law and Waiver
 Our Rights
  11




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Our Reasonable Business Judgment
        12




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13




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IN WITNESS WHEREOF
 DEVELOPER:
    
    
    
    FRANCHISORMCA ENTERPRISES, INC.,
a Michigan corporation
    
    
    
    BUFFALO WILD WINGS INTERNATIONAL,.
INC.Date:
    
    7/10/03


    
    Date:
    
    7/18/03/s/ T. Michael Ansley
    
    
    
    /s/ IllegibleBy:
    
    T. Michael Ansley
    
    
    
    By:Its:
    
    President
    
    
    
    
    
    Its:Witness:
    
    Heidi L. Cornish(Please type or print)Signature:
    
    /s/ Heidi L. CornishDate:
    
    7/10/03/s/ Mark C. AnsleyBy:
    
    Mark C. AnsleyIts:
    
    Vice PresidentWitness:
    
    Michelle Ansley(Please type or print)Signature:
    
    /s/ Michelle AnsleyDate:
    
    7/19/03/s/ Thomas D. AnsleyBy:
    
    Thomas D. AnsleyIts:
    
    TreasurerWitness:
    
    Michelle Ansley(Please type or print)Signature:
    
    /s/ Michelle AnsleyDate:
    
    7-10-03/s/ Steven MenkerBy:
    
    Steven MenkerIts:
    
    DirectorWitness:
    
    Heidi L. Cornish(Please type or print)Signature:
    
    /s/ Heidi L. Cornish
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Date:
    
    7/10/03/s/ Jason CurtisBy:
    
    Jason CurtisIts:
    
    DirectorWitness:
    
    Stephanie Sidelko(Please type or print)Signature:
    
    /s/ Stephanie Sidelko
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APPENDIX A   DESCRIPTION OF DEVELOPMENT TERRITORY
  1.
    
    Territory in the Tampa, Florida area:North Boundary: Pasco County line & Hernando County Line, then eastbound on a line along
Pasco County line to Sumter County Line.East Boundary: Sumter County Line/Pasco County Line southbound to Hillsborough County Line
continuing south along Hillsborough County Line to Mansatee County, then continuing south
along Manatee County line to Rt. 72.South Boundary: Rt. 72 westbound to Gulf of Mexico.West Boundary: Rt. 72 & Gulf of Mexico, then north bound along shoreline of Gulf of Mexico
to Tampa Bay, then follow eastern shoreline of Tampa Bay in a NE direction to city of Tampa;
follow Tampa Bay shoreline around Tampa Bay peninsula, then in a NW direction to
intersection with Tampa Bay shoreline and Hillsborough County line; then northbound along
Hillsborough county line to Pasco County Line eastbound to Rt. 41 northbound to intersection
with Pasco and Hernando County line.
 2.
    
    Territory in Pinnellas Park, Florida:North Boundary: South side of Rt. 688
East Boundary: Western shore Tampa Bay
South Boundary: Rt. 92 & western shore Tampa Bay to Roosevelt Blvd. West Boundary: Roosevelt
Blvd
 DEVELOPER:
    
    FRANCHISORMCA ENTERPRISES, INC.,
a Michigan corporation
    
    BUFFALO WILD WINGS INTERNATIONAL,.
INC./s/ T. Michael Ansley
    
    /s/ IllegibleBy:
    
    T. Michael Ansley
    
    By:Its: President
    
    
    
    Its:/s/ Mark C. AnsleyBy:
    
    Mark C. AnsleyIts: Vice President/s/ Thomas D. AnsleyBy:
    
    Thomas D. AnsleyIts: Treasurer/s/ Steven MenkerBy:
    
    Steven MenkerIts: Director/s/ Jason CurtisBy:
    
    Jason CurtisIts: Director
  16




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APPENDIX B
 DEVELOPMENT SCHEDULE
  Date by Which
    
    Date by Which the
    
    Cumulative number ofFranchise
    
    Restaurant Must be
    
    Restaurants Required toAgreement Must be
    
    Opened and
    
    be Open and ContinuouslySigned and Site
    
    Continuously
    
    Operating for Business inApproval Request
    
    Operating for
    
    the DevelopmentRestaurant
    
    Restaurant
    
    Must be Submitted
    
    Business in the
    
    Territory as of the Date inNumber
    
    Type
    
    to us
    
    Territory
    
    Preceding Column1
    
    TBD
    
    Date of this Agreement
    
    July 1, 2004
    
    
    12
    
    TBD
    
    August 1, 2004
    
    July 1, 2005
    
    
    23
    
    TBD
    
    August 1, 2005
    
    May 1, 2006
    
    
    34
    
    TBD
    
    March 1, 2006
    
    February 1, 2007
    
    
    45
    
    TBD
    
    August 1, 2006
    
    May 1, 2007
    
    
    56
    
    TBD
    
    March 1, 2007
    
    February 1, 2008
    
    
    67
    
    TBD
    
    August 1, 2007
    
    May 1, 2008
    
    
    78
    
    TBD
    
    March 1, 2008
    
    February 1, 2009
    
    
    89
    
    TBD
    
    August 1, 2008
    
    August 1, 2009
    
    
    910
    
    TBD
    
    August 1, 2009
    
    May 1, 2010
    
    
    10
  DEVELOPER:
    
    FRANCHISORMCA ENTERPRISES, INC., 

a Michigan corporation
    
    BUFFALO WILD WINGS INTERNATIONAL,.
INC./s/ T. Michael Ansley
    
    /s/ IllegibleBy:
    
    T. Michael Ansley
    
    By:Its: President
    
    
    
    Its:/s/ Mark C. AnsleyBy:
    
    Mark C. AnsleyIts: Vice President/s/ Thomas D. AnsleyBy:
    
    Thomas D. AnsleyIts: Treasurer/s/ Steven MenkerBy:
    
    Steven MenkerIts: Director/s/ Jason CurtisBy:
    
    Jason CurtisIts: Director
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®
 18th
  1.
    
    You agree that at least three (3) of the ten (10) Restaurants you are obligated to open under
the Agreement must be open and operated in a free standing location (a single use, single
tenant, unattached building or pad site). Furthermore, you must open and operate at least one
Restaurant in a free standing location for every three Restaurants you open (for example, at
the time you open your third Restaurant you must have opened at least one (1) Restaurant in a
free standing location, at the time you open your sixth Restaurant you must have opened at
least two (2) Restaurants in free standing locations, and so on).
 2.
    
    Within 6 months after the date of the Agreement you must employ and keep employed for the
remaining term of the Agreement a full-time development executive; provided, however, that
prior to hiring the development executive, you must obtain our written approval. Your
development executive will be responsible to supervise the development process for your
Restaurants. To qualify for the position, your development executive must, as a minimum, have
prior experience in developing a similar number of restaurants or lodging facilities over a
similar development period. We reserve the right to revoke prior approval of your development
executive at any time. Furthermore, in the event that you fail to open one of your Restaurants
on or before the date set forth in the Development Schedule, you shall, within sixty (60) days
after the missed deadline, hire a new development executive; provided, however, that prior to
hiring the new development executive, you must also obtain our written approval.
 3.
    
    We have granted you and/or other entities that are controlled by T. Michael Ansley, Mark C.
Ansley and/or Thomas D. Ansley, the right or option to open and operate various Buffalo Wild
Wings restaurants in the state of Michigan pursuant to several agreement (the Old
Agreements), including, but not limited to, the following:
 (a)
    
    area development agreement between us and Bearcat Enterprises, Inc., dated
December 27, 2002;
 (b)
    
    franchise agreement between us and Bearcat Enterprises, Inc., dated December
27, 2002;
 (c)
    
    franchise agreement between us and Flyer Enterprises, Inc., dated January 31,
1999;
  (e)
    
    franchise agreement between us and TMA Enterprises of Novi, Inc., dated October
22, 2001.
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4.
    
    If you fully comply with the Development Schedule during the initial term of the Agreement,
we will grant you the option to develop and operate two (2) additional BUFFALO WILD WINGS
restaurants (the Additional Restaurants), subject to the following conditions: (i) the
Additional Restaurants must be open and operated inside the Designated Area of any of the
Restaurants; (ii) the franchise agreements for the Additional Restaurants must be executed no
later than two years after the date in which you open your tenth (10th) Restaurant under the
Agreement; (iii) the Additional Restaurants must be open and in operation no later than two
years and six months after the date in which you open your tenth (10th) Restaurant under the
Agreement; and (iv) you must comply with all the requirements then applicable to new BUFFALO
WILD WINGS franchisees. We will not charge you an Initial Franchise Fee for the additional
restaurant but you will pay the Continuing Fee for such restaurants.
 5.
    
    The parties agree that with every Franchise Agreement they execute for each Restaurant to be
developed under the Agreement, they shall execute an Addendum to Franchise Agreement in a
form substantially similar to the form attached hereto as Exhibit A.
 6.
    
    All provisions of the Agreement that are not expressly modified herein shall continue in full
force and effect.
  DEVELOPER:
    
    FRANCHISORMCA ENTERPRISES, INC.,
a Michigan corporation
    
    BUFFALO WILD WINGS INTERNATIONAL,. INC./s/ T. Michael Ansley
    
    /s/ IllegibleBy:
    
    T. Michael Ansley
    
    By:Its: President
    
    

    Its:/s/ Mark C. AnsleyBy:
    
    Mark C. AnsleyIts: Vice President/s/ Thomas D. AnsleyBy:
    
    Thomas D. AnsleyIts: Treasurer/s/ Steven MenkerBy:
    
    Steven MenkerIts: Director/s/ Jason CurtisBy:
    
    Jason CurtisIts: Director
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PERSONAL GUARANTEE AND AGREEMENT TO BE BOUND  PERSONALLY BY THE TERMS AND CONDITIONS  OF THE AREA DEVELOPMENT AGREEMENT
      DEVELOPER: MCA ENTERPRISES, INC.PERSONAL GUARANTORS:/s/ T. Michael Ansley
    
    /s/ Mark C. AnsleyIndividually
    
    IndividuallyT. Michael Ansley
    
    Mark C. AnsleyPrint Name
    
    Print Name820 Cherokee Ave.
    
    5585 Old Route 70Address
    
    AddressRoyal Oak
    
    Michigan
    

    48067
        
    
    Springfield
    
    Ohio
    
    45502City
    
    State
    
    Zip Code
    
    City
    
    State
    
    Zip Code248-894-0434
    
    937-325-6543Telephone
    
    Telephone
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/s/ Thomas D. Ansley
    
    /s/ Steven MenkerIndividually
    
    IndividuallyThomas D. Ansley
    
    Steven MenkerPrint Name
    
    Print Name5585 Old 70
    
    37899 Maple HillAddress
    
    AddressSpringfield
    
    Ohio
    

    45502
    
    
    
    Harrison Township
    
    Michigan
    

    48045City
    
    State
    
    Zip Code
    
    City
    
    State
    
    Zip Code937-325-6543
    
    586-463-1415Telephone
    
    Telephone/s/ Jason CurtisIndividuallyJason CurtisPrint Name8789 Heidi DriveAddressSterling Heights
    
    Michigan
    

    48310City
    
    State
    
    Zip CodeTelephone
  21