The Pane module allows the display of up to nine different widget areas on a page (thre prior to version 6.1.0 of the theme). The panes can be configured using the file
pane-options.php or using their own tab in Easy Theme Options.
The image above shows the three panes that were available prior to version 6.1.0 of the theme, when the three individual panes were changed to three banks with up to three in each.
The options are straight forward. For each of the nine panes currently allowed by the theme you can specify the title displayed in its header and the background colour of the header. The panes are purely widget areas so the title is only used if the widget hasn't already set one.
The options to control which of the nine panes appear on your site index page are found in the Main Index options.