What agreement is the Degree Wellness Addendum attached to and made part of?
Degree_Wellness Franchise · 2025 FDDAnswer from 2025 FDD Document
| AGREEMENTS | of |
|---|---|
| (the | |
| "Addendum") | |
| is | |
| made | |
| and | |
| entered | |
| into | |
| this | |
| day | |
| , 20, by and between Degree Wellness | |
| Franchise, LLC, a Delaware limited | |
| liability | a |
| company | |
| ("Franchisor"), | |
| and | |
| , | |
| corporation/limited liability company/partnership (circle one), ("Franchise | |
| Owner") (collectively, Franchisor and Franchise Owner are referred to hereinafter as the | |
| "Parties"), and is attached to and made part of that certain Franchise Agreement dated | |
| , 20, (the "Agreement") between the Parties. |
Source: Item 23 — Receipts (FDD pages 66–257)
What This Means (2025 FDD)
According to Degree Wellness's 2025 Franchise Disclosure Document, the Addendum is attached to and made part of the Franchise Agreement. The addendum is made and entered into by and between Degree Wellness Franchise, LLC and the Franchise Owner. The Franchise Agreement is dated a specific date in 20XX between the parties.
This means that the terms and conditions outlined in the Addendum become legally binding components of the Franchise Agreement. Prospective franchisees should carefully review the Addendum alongside the Franchise Agreement to fully understand their rights and obligations.
It is common practice in franchising to use addenda to modify or supplement the main franchise agreement, addressing specific state laws or unique circumstances. Franchisees should pay close attention to how the Addendum alters the original agreement and seek legal counsel if they have any questions or concerns.