What exhibit contains the definition of the Monthly Staffing and Ancillary Fee for Degree Wellness?
Degree_Wellness Franchise · 2025 FDDAnswer from 2025 FDD Document
Staffing and Ancillary Fee. Group and Staffer hereby mutually recognize and acknowledge that Staffer will incur substantial costs and expenses in fulfilling Staffer's obligations to Group, and that such costs and expenses may vary during each month of this Agreement. On or before the fifteenth (15th) day of each calendar month during the Term, commencing with the second such month, and on or before the fifteenth (15th) day of the calendar month following the expiration or earlier termination of this Agreement, Group shall pay to Staffer an amount equal to the Monthly Staffing and Ancillary Fee (as defined on Exhibit C attached hereto and incorporated herein by this reference) as a fee for Staffing Services furnished by Staffer to Group during the preceding calendar month, also, if appropriate, the Marketing Fee (as defined on Exhibit C) as a fee for any marketing services furnished by Staffer to Group during the preceding calendar month, and Group shall immediately reimburse Staffer for any expenses paid by Staffer on behalf of or for the Group's benefit.
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, the definition of the Monthly Staffing and Ancillary Fee is detailed in Exhibit C. This exhibit is referenced within Item 20 of the FDD, specifically in the context of the Staffing and Ancillary Fee agreement between the Group (Wellness Provider Therapies, P.A.) and the Staffer (franchisee entity).
The Monthly Staffing and Ancillary Fee represents the amount the Group pays to the Staffer for staffing services provided during the preceding calendar month. This fee, along with the Marketing Fee (if applicable), is due on or before the fifteenth day of each calendar month, commencing with the second month of the agreement. The franchisee, as the Staffer, incurs costs to fulfill their obligations to the Group, and the Monthly Staffing and Ancillary Fee is intended to cover these expenses.
Prospective Degree Wellness franchisees should carefully review Exhibit C to understand how the Monthly Staffing and Ancillary Fee is calculated, what costs it covers, and how it impacts their overall financial obligations and revenue streams. Understanding the specifics of this fee is crucial for assessing the profitability and financial viability of a Degree Wellness franchise.