Does Degree Wellness utilize Multi-State Addenda and Agreement Riders?
Degree_Wellness Franchise · 2025 FDDAnswer from 2025 FDD Document
| Exhibit B | Franchise Agreement (including as exhibits an Owner's Guaranty and Assumption of Franchisee's Obligations, Agreement, and other |
|---|---|
| documents) | |
| Exhibit C | Development Agreement |
| Exhibit F | Sample Studio Management Agreements or Staffing Agreements |
| Exhibit H | General Release Agreement |
| Exhibit I | Transfer Agreement |
| Exhibit J | Supplemental Agreements |
| Exhibit K | Multi-State Addenda and Agreement Riders |
Source: Item 22 — Contracts (FDD page 66)
What This Means (2025 FDD)
Yes, according to Degree Wellness's 2025 Franchise Disclosure Document, they utilize Multi-State Addenda and Agreement Riders. Exhibit K of the franchise agreement includes these addenda and riders.
For a prospective franchisee, this means that the standard franchise agreement may be modified by state-specific provisions. These modifications could address variations in state laws regarding franchising, business operations, or employment regulations. The presence of multi-state addenda suggests that Degree Wellness is aware of and adapts to the different legal requirements across various states where they offer franchises.
Franchisees should carefully review any Multi-State Addenda and Agreement Riders applicable to their specific state to understand how the standard franchise agreement is modified. This review should be done with the help of a legal professional experienced in franchise law to ensure full comprehension of their rights and obligations. It is common practice for franchisors to use state-specific addenda to ensure compliance with local laws, so this is not unusual.