Does the Degree Wellness Franchise Disclosure Document include Exhibit K, which contains Multi-State Addenda and Agreement Riders for Degree Wellness?

Yes, according to the 2025 Degree Wellness Franchise Disclosure Document, Exhibit K, titled "Multi-State Addenda and Agreement Riders," is included in the FDD. This exhibit is important because it contains state-specific modifications and additions to the standard franchise agreement. These addenda are necessary to comply with the franchise laws of various states, which can differ significantly.

For a prospective Degree Wellness franchisee, this means that the terms of their franchise agreement may vary depending on the state in which they are opening their business. It is crucial to carefully review Exhibit K to understand any specific requirements or regulations that apply to their location. For example, certain states may have laws affecting termination, renewal, or dispute resolution processes.

Additionally, the presence of state-specific addenda highlights the importance of consulting with a franchise attorney who is familiar with the laws in the relevant state. This attorney can help the franchisee understand their rights and obligations under the franchise agreement, as modified by the state addendum. Ignoring these state-specific provisions could lead to legal complications or misunderstandings down the line. Therefore, reviewing Exhibit K is a critical step in the due diligence process for any potential Degree Wellness franchisee.