What are the conditions under which Dermani Medspa would require a Waiver of Management Agreement?

According to the 2025 Dermani Medspa FDD, a franchisee typically must sign a Management Agreement with a Professional Corporation (PC) before operating their franchise. However, a Waiver of Management Agreement is required if the franchisee's Dermani Medspa is located in a state where the laws permit a single entity to manage and operate the medspa, including providing medical services.

In these specific states, instead of signing a Management Agreement with a separate PC, the franchisee must sign Dermani Medspa's Waiver of Management Agreement. By signing this waiver, the franchisee agrees to operate the Dermani Medspa, fulfilling all responsibilities typically assigned to the PC under the Management Agreement. The franchisee also agrees to manage the medspa as required by the Franchise Agreement, undertaking all obligations usually held by the 'Company' within the Management Agreement.

Before Dermani Medspa will approve the waiver, the franchisee must confirm they've consulted with an attorney experienced in local medical and healthcare laws, and that the attorney has advised them they can legally operate the franchised business and Dermani Medspa as a single entity. Even if the franchisee meets these conditions, Dermani Medspa retains the final decision on whether to grant the waiver.