According to the Healthsource Chiropractic agreement, how can the agreement be amended or modified?
Healthsource_Chiropractic Franchise · 2025 FDDAnswer from 2025 FDD Document
This Agreement, together with the introduction and exhibits to it, constitutes the entire agreement between us, and there are no other oral or written understandings or agreements between us concerning the subject matter of this Agreement. Notwithstanding, in accordance with federal law, nothing in this Agreement shall require you to waive reliance on any representation made in the FDD. This Agreement may be modified only by written agreement signed by both you and us, except that we may modify the Operations Manual at any time as provided herein.
Source: Item 23 — Receipts (FDD pages 77–282)
What This Means (2025 FDD)
According to Healthsource Chiropractic's 2025 Franchise Disclosure Document, the franchise agreement, along with its introduction and exhibits, represents the complete understanding between Healthsource Chiropractic and the franchisee. As such, any modifications to the agreement must be formalized in writing and signed by both Healthsource Chiropractic and the franchisee. This requirement ensures that all changes are documented and mutually agreed upon, preventing potential disputes arising from verbal agreements or misunderstandings. However, Healthsource Chiropractic retains the right to modify the Operations Manual at any time, as outlined within the manual itself.
This clause has significant implications for prospective franchisees. It means that franchisees should pay close attention to all the terms and conditions outlined in the franchise agreement and its exhibits, as these documents will govern their relationship with Healthsource Chiropractic. Franchisees should also be aware that while the core franchise agreement requires mutual written consent for modifications, the Operations Manual can be changed unilaterally by Healthsource Chiropractic.
It is common practice in franchising for the franchise agreement to require written modifications signed by both parties. This protects both the franchisor and franchisee by ensuring clarity and mutual understanding of any changes to the contract. The ability of Healthsource Chiropractic to modify the Operations Manual is also a fairly standard practice, as it allows the franchisor to adapt the system to changing market conditions and improve operational efficiency. However, franchisees should carefully review the Operations Manual and understand the scope of changes that Healthsource Chiropractic can make.
Prospective franchisees should carefully consider this clause and seek legal counsel to fully understand their rights and obligations under the franchise agreement. They should also inquire about the process for suggesting changes to the franchise agreement or the Operations Manual and the criteria Healthsource Chiropractic uses to evaluate such suggestions. Understanding these aspects can help franchisees ensure a smooth and mutually beneficial relationship with Healthsource Chiropractic.