Regarding Degree Wellness, what is the effect of executing the agreement in multiple counterparts?
Degree_Wellness Franchise · 2025 FDDAnswer from 2025 FDD Document
- 17.16 Multiple Originals. This Agreement will be executed using multiple copies, each of which will be deemed an original.
Source: Item 23 — Receipts (FDD pages 66–257)
What This Means (2025 FDD)
According to Degree Wellness's 2025 Franchise Disclosure Document, the franchise agreement can be executed in multiple copies, and each copy is considered an original. This is a fairly standard legal provision that simplifies the signing process, especially when the parties are in different locations. Instead of needing to exchange a single document back and forth, each party can sign their own copy, and all copies together form the complete agreement.
For a prospective Degree Wellness franchisee, this means that you and Degree Wellness do not need to be in the same place to sign the franchise agreement. You can sign your copy and return it, while Degree Wellness signs its own copy. This can expedite the process of finalizing the agreement and moving forward with the franchise.
This clause aims to remove logistical hurdles in the execution of the agreement. It does not alter the legal obligations of either party; all signed copies collectively constitute one binding agreement. Franchisees should still carefully review all terms and conditions before signing any copy of the agreement.