According to the Degree Wellness agreement, what is required to amend the agreement?
Degree_Wellness Franchise · 2025 FDDAnswer from 2025 FDD Document
- c.
If a state regulator requires an amendment to this Agreement, the amendment is attached to this Agreement.
We will not, however, be precluded from contesting the validity, enforceability, or applicability of such regulator's required amendment in any action relating to this Agreement or to its rescission or termination.
- 17.2 Unilateral Waiver of Obligations.
Either you or we may, by written notice, unilaterally waive or reduce any obligation or restriction of the other under this Agreement.
The waiver or reduction may be revoked at any time for any reason on 10 days' written notice.
- 17.3 Written Consents from Degree Wellness.
Whenever this Agreement requires our advance approval or consent, you agree to make a timely written request for it.
Our approval or consent will not be valid unless it is in writing.
Source: Item 23 — Receipts (FDD pages 66–257)
What This Means (2025 FDD)
According to Degree Wellness's 2025 Franchise Disclosure Document, there are a few specific scenarios that address amendments to the franchise agreement. First, if a state regulator requires an amendment to the agreement, that amendment will be attached to the agreement. However, Degree Wellness retains the right to contest the validity or enforceability of that amendment.
Second, Degree Wellness or the franchisee can unilaterally waive or reduce any obligation or restriction under the agreement by providing written notice. This waiver can be revoked with 10 days' written notice.
Finally, any approval or consent required from Degree Wellness under the agreement must be requested in writing by the franchisee and must be provided in writing by Degree Wellness to be considered valid.