Does the Degree Wellness franchise agreement include arbitration?
Degree_Wellness Franchise · 2025 FDDAnswer from 2025 FDD Document
NOTICE: This Agreement is subject to binding arbitration – see Section 17.9.
Source: Item 23 — Receipts (FDD pages 66–257)
What This Means (2025 FDD)
According to Degree Wellness's 2025 Franchise Disclosure Document, the Development Agreement associated with the franchise is subject to binding arbitration. Specifically, Section 17.9 of the Development Agreement outlines that disputes will be resolved through this process.
For a prospective Degree Wellness developer, this means that any legal disputes arising from the Development Agreement will be settled outside of court through an arbitration process. Arbitration typically involves presenting your case to a neutral third party, who will then make a decision that can be legally binding.
Franchisees should carefully review Section 17.9 of the Development Agreement to fully understand the scope and implications of the arbitration clause, including the rules, procedures, and costs associated with arbitration, as these can differ from traditional court litigation. Understanding this clause is crucial before entering into the agreement.