Does the Healthsource Chiropractic agreement allow for execution in counterparts?
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.
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HealthSource Chiropractic – 2025 Franchise Agreement
The parties to this Agreement now execute and deliver this Agreement in multiple counterparts as of the date of the last signature below.
Source: Item 23 — Receipts (FDD pages 77–282)
What This Means (2025 FDD)
According to the 2025 Healthsource Chiropractic Franchise Agreement, the agreement can be executed in multiple counterparts. This means that the franchisee and Healthsource Chiropractic can sign different copies of the same agreement, which together constitute one single, binding agreement. This practice is common and simplifies the signing process, especially when parties are geographically separated. Each party can sign their respective copy and then exchange them to finalize the agreement.
This clause provides flexibility in finalizing the franchise agreement. It avoids the logistical challenges of requiring both parties to sign the same physical document at the same time or location. The agreement becomes effective once both parties have signed their respective counterparts, and these are combined to form the complete agreement.
For a prospective Healthsource Chiropractic franchisee, this means a potentially faster and more convenient agreement execution process. It eliminates the need for physical meetings or simultaneous signing, allowing for a more streamlined approach to finalizing the franchise agreement.