What is the date of the Degree Wellness Amendment to Franchise Agreement?
Degree_Wellness Franchise · 2025 FDDAnswer from 2025 FDD Document
| THIS | AMENDMENT | TO | FRANCHISE | AGREEMENT | ("Amendment") | dated | |||
|---|---|---|---|---|---|---|---|---|---|
| , | is intended to be a part of, and by this reference is incorporated into that | ||||||||
| certain Franchise Agreement (the | "Franchise Agreement") dated, by and | ||||||||
| between Degree Wellness | Franchise, LLC ("Franchisor"), a | Delaware limited liability company, | |||||||
| with | its | office | at | 200 | Riverside | Ave., | Jacksonville, | FL | and |
| principal | 32202 | ||||||||
| ("you" or "Franchisee"). Defined terms contained in the | |||||||||
| Franchise Agreement shall have the identical meanings in this Amendment. |
Source: Item 23 — Receipts (FDD pages 66–257)
What This Means (2025 FDD)
According to Degree Wellness's 2025 Franchise Disclosure Document, the Amendment to the Franchise Agreement is marked as "dated ," indicating that the specific date is not provided in the excerpts. Instead, the document uses this placeholder where the date would typically be found. This applies to various state-specific amendments, including those for South Dakota, Washington, California, Illinois, Maryland, Minnesota, and New York. Each of these amendments includes the statement that it is "intended to be a part of, and by this reference is incorporated into that certain Franchise Agreement (the 'Franchise Agreement') dated, by and between Degree Wellness Franchise, LLC ('Franchisor')." This phrasing suggests that while the amendment itself is intended to modify an existing agreement, the exact date of either the amendment or the original agreement is not specified within these excerpts.
The absence of a specific date for the Amendment to the Franchise Agreement could pose challenges for a prospective Degree Wellness franchisee. Without a precise date, it may be difficult to ascertain which version of the amendment is currently in effect, especially if multiple amendments exist. This lack of clarity could lead to confusion regarding the franchisee's rights and obligations, as well as the franchisor's responsibilities.
Therefore, a prospective Degree Wellness franchisee should directly request clarification from the franchisor regarding the effective date of the current Amendment to the Franchise Agreement. It would also be prudent to confirm whether any prior amendments are still in effect and how they interact with the current version. Understanding the complete history and timeline of amendments is crucial for making informed decisions and ensuring compliance with the franchise agreement.