Where can I find the definition and discussion of the Technology Fee for a Degree Wellness franchise?

According to Degree Wellness's 2025 Franchise Disclosure Document, the Technology Fee is defined and discussed in Section 11.4. Item 6.4 states that franchisees are required to pay this monthly fee for website and technology-related services and expenses. This fee also covers any costs related to the required human resources and payroll services, which are further discussed in Section 10.7.

Understanding the Technology Fee is crucial for prospective Degree Wellness franchisees as it represents an ongoing monthly expense. Franchisees should carefully review Section 11.4 and Section 10.7 to fully understand what services are covered by the fee, how the fee amount is determined, and if there are any potential increases in the future. This will help in accurately forecasting operating expenses.

Furthermore, it's important to note that failure to pay the Technology Fee, along with other fees, can lead to termination of the franchise agreement. As stated in Section 15.3, upon termination, Degree Wellness is entitled to recover an amount equal to the average monthly Continuing Franchise Fee, Fund contribution, and Technology Fee multiplied by the number of months remaining in the term of the agreement, discounted by a present value discount factor of five percent (5%).