factual

Upon termination or non-renewal of the Degree Wellness franchise agreement, what specific actions are franchisees required to take regarding customer lists and materials bearing Degree Wellness's marks?

Degree_Wellness Franchise · 2025 FDD

Answer from 2025 FDD Document

Provision Section in Franchise Agreement Summary
Agreement, we may terminate the
Franchise Agreement.
i. Your obligations on termination/ non-renewal Section 16 You must pay all amounts owed to us; refrain from using our Marks, return to us or destroy (as we specify) all customer lists, forms and materials bearing our Marks or relating to the franchise; de-identify the franchise premises; return the Operations Manual; comply with covenants against competition and the non solicitation, non-disparagement, and non-disclosure covenants in Section 9 of the Franchise Agreement; and cease using all confidential information.
You irrevocably appoint us your
attorney-in-fact-
to de-identify your
franchise premises and enforce your
requirement to discontinue use of the
Marks if you do not perform these
obligations within 10 days of the
termination of your Agreement.
You
must
also
(1)
execute
any
documents
and
take
any
steps
necessary to delete your listings from
classified
telephone
directories,
disconnect, or, at our option, assign to
us all telephone numbers that have
been
used
in
your
Franchised
Business, assign to
us any URLs,
domain names, and social media and
social networking names that you
have used in connection with your
Franchised Business, and terminate
all other references that indicate you
are or ever were affiliated with us, and
(2) give us a final accounting for your
Studio, and you must maintain all
accounts and records for your Studio
for a period of not less than seven
years after final payment of any
amounts you owe to us, our affiliates,
and/or related persons, but you may
not
sell,
disclose,
or
otherwise

Source: Item 17 — Renewal, Termination, Transfer, and Dispute Resolution (FDD pages 49–59)

What This Means (2025 FDD)

According to Degree Wellness's 2025 Franchise Disclosure Document, upon termination or non-renewal of the franchise agreement, franchisees have several obligations. Specifically, they must pay all outstanding amounts owed to Degree Wellness. Furthermore, franchisees are required to cease using Degree Wellness's marks and must either return or destroy, as specified by Degree Wellness, all customer lists, forms, and materials that bear Degree Wellness's marks or relate to the franchise.

In addition to the handling of branded materials and customer lists, franchisees must also de-identify the franchise premises, ensuring no remaining indication of Degree Wellness's presence. The operations manual must be returned to Degree Wellness. Moreover, franchisees must comply with covenants against competition, non-solicitation, non-disparagement, and non-disclosure agreements as outlined in Section 9 of the Franchise Agreement. Franchisees are also obligated to cease using all confidential information related to the Degree Wellness franchise.

To ensure compliance, Degree Wellness is irrevocably appointed as the franchisee's attorney-in-fact, allowing Degree Wellness to de-identify the franchise premises and enforce the discontinuation of the use of Degree Wellness's marks if the franchisee fails to meet these obligations within 10 days of termination. Franchisees must also execute documents and take necessary steps to delete listings from classified telephone directories, disconnect or assign telephone numbers used in the Franchised Business to Degree Wellness, assign URLs, domain names, and social media names used in connection with the franchise, and terminate all references indicating affiliation with Degree Wellness. Finally, a final accounting for the studio must be provided, and all accounts and records must be maintained for seven years after final payment of any amounts owed.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.