What is the cure period for failing to comply with other provisions of the Degree Wellness agreement?
Degree_Wellness Franchise · 2025 FDDAnswer from 2025 FDD Document
- (h) Licensed Provider (or, if Licensed Provider is an entity, its owners, shareholders, partners, or members) fails to comply with any other provision of this Agreement, any other agreement with Management Company, or any mandatory specification, program, standard or operating procedure within 10 days after written notice of such failure to comply is given to Licensed Provider; or
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 63–66)
What This Means (2025 FDD)
According to Degree Wellness's 2025 Franchise Disclosure Document, if a Licensed Provider (franchisee) fails to comply with any provision of the agreement, any other agreement with Management Company, or any mandatory specification, program, standard, or operating procedure, they have 10 days to correct the failure after receiving written notice.
This means that if Degree Wellness believes a franchisee is not meeting the standards set forth in the franchise agreement, they must provide written notice of the issue. The franchisee then has 10 days to resolve the problem. If the franchisee does not fix the issue within this timeframe, Degree Wellness has grounds to terminate the agreement.
It is important for prospective Degree Wellness franchisees to understand all aspects of the franchise agreement and related documents to avoid potential defaults. Paying close attention to operational standards and compliance requirements is essential for maintaining a good standing with the franchisor and preventing termination of the franchise agreement.