Can the Healthsource Chiropractic agreement be executed in counterparts?
Healthsource_Chiropractic Franchise · 2025 FDDAnswer from 2025 FDD Document
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)
Yes, according to Healthsource Chiropractic's 2025 Franchise Agreement, the agreement can be executed in multiple counterparts. This means that each party can sign a separate copy of the agreement, and all signed copies together constitute the complete and binding agreement. This practice is common in franchising to expedite the signing process, especially when the parties are geographically separated.
For a prospective Healthsource Chiropractic franchisee, this simplifies the logistics of finalizing the franchise agreement. Instead of needing to coordinate the physical exchange of a single document, the franchisee and Healthsource Chiropractic can sign their own copies and exchange them electronically or by mail. This can save time and reduce administrative hurdles.
The FDD states, "The parties to this Agreement now execute and deliver this Agreement in multiple counterparts as of the date of the last signature below." This clause explicitly allows for the agreement to be signed in this manner, providing clarity and legal certainty to the process.