Who are the signing parties for the Degree Wellness franchise agreement, as indicated in the 'IN WITNESS WHEREOF' section?

Based on the 2025 Degree Wellness Franchise Disclosure Document, the signing parties for the Studio Management Agreement are the Management Company and the Licensed Provider. The Management Company is identified as [the Degree Wellness Franchisee], including its successors and assigns. The Licensed Provider is identified as [the professional corporation], also including its successors and assigns.

This agreement outlines the relationship between the Degree Wellness franchisee (Management Company) and the entity providing health and wellness services (Licensed Provider). The Management Company, as the franchisee, holds the rights to operate a Studio Management Business under the Degree Wellness franchise agreement. The Licensed Provider delivers the health and wellness services, utilizing Degree Wellness's system and marks, while the Management Company provides administrative and management support.

The agreement clarifies the responsibilities and obligations of both parties, ensuring that the Licensed Provider can deliver services under the Degree Wellness brand while the Management Company manages the business aspects. This structure allows for a separation of business management and service provision, potentially enabling each party to focus on their respective areas of expertise. Prospective franchisees should understand this structure and how it impacts their responsibilities and relationship with service providers.