How can the Degree Wellness Franchise Agreement be modified or amended?
Degree_Wellness Franchise · 2025 FDDAnswer from 2025 FDD Document
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 agreement can only be modified if the change is expressed in writing by the waiving party and is clearly designated as a waiver to a specific provision of the agreement.
This requirement protects both Degree Wellness and the franchisee by ensuring that any changes to the original agreement are formally documented and agreed upon. This prevents misunderstandings or disputes that could arise from verbal agreements or informal modifications. The written waiver must clearly state which specific part of the agreement is being waived, leaving no room for ambiguity.
This clause is typical in franchise agreements, as it provides a level of legal certainty and predictability. It ensures that all parties are aware of their rights and obligations throughout the term of the franchise relationship. For a prospective Degree Wellness franchisee, this means that any desired changes to the franchise agreement must be negotiated and documented carefully to be legally binding.