How can the Degree Wellness Franchise Agreement be amended or modified?
Degree_Wellness Franchise · 2025 FDDAnswer from 2025 FDD Document
16.6 No course of dealing between the Parties, no waiver by either Party and no refusal or neglect of either Party to exercise any right hereunder or to enforce compliance with the terms of this Agreement shall constitute a waiver of any provision herein, unless such waiver is expressed
in writing by the waiving Party and is clearly designated as a waiver to a specific provision(s) of this Agreement.
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 63–66)
What This Means (2025 FDD)
Based on the 2025 Degree Wellness Franchise Disclosure Document, the provided excerpts do not contain specific information on how the Franchise Agreement can be amended or modified. The document focuses on outlining the agreement between the Management Company and the Licensed Provider, including terms, responsibilities, and conditions, but it does not explicitly state the procedure for amendments.
While the excerpts detail various aspects of the franchise relationship, such as the term of the agreement, responsibilities of both parties, and conditions for renewal or termination, they do not address the process for making changes to the original agreement. The document does mention that no waiver by either party shall constitute a waiver of any provision unless it is expressed in writing by the waiving party and is clearly designated as a waiver to a specific provision of the agreement.
A prospective Degree Wellness franchisee should seek clarification from the franchisor regarding the specific steps and conditions required to amend the Franchise Agreement. This information is crucial for understanding the flexibility and potential limitations in adapting the agreement to changing circumstances or unforeseen issues that may arise during the franchise term.
Specifically, a potential franchisee should ask Degree Wellness about the process for requesting an amendment, who has the authority to approve changes, and whether there are any standard amendment forms or procedures. Understanding these details will help a franchisee navigate any necessary modifications to the agreement in the future.