Does the Healthsource Chiropractic amendment specify any conditions under which the Development Agreement can be modified?
Healthsource_Chiropractic Franchise · 2025 FDDAnswer from 2025 FDD Document
This Agreement contains the entire agreement between the parties concerning Developer's development rights within the Site Selection Area; no promises, inducements or representations (other than those in the Franchise Disclosure Document) not contained in this Agreement have been made, nor will any be of any force or effect, or binding on the parties.
Modifications of this Agreement must be in writing and signed by both parties.
Franchisor reserves the right to change Franchisor's policies, procedures, standards, specifications or manuals at Franchisor's discretion.
In the event of a conflict between this Agreement and any Franchise Agreement(s), the terms, conditions and intent of this Agreement will control.
Nothing in this Agreement, or any related agreement, is intended to disclaim any of the representations Franchisor made to Developer in the Franchise Disclosure Document that Franchisor provided to Developer.
Source: Item 23 — Receipts (FDD pages 77–282)
What This Means (2025 FDD)
According to the 2025 Healthsource Chiropractic Franchise Disclosure Document, modifications to the Development Agreement must be in writing and signed by both parties, meaning both Healthsource Chiropractic and the developer must agree to any changes. This requirement ensures that all modifications are formally documented and agreed upon, preventing misunderstandings or disputes later on.
Healthsource Chiropractic also retains the right to change its policies, procedures, standards, specifications, or manuals at its discretion. However, any modifications to the Development Agreement itself necessitate a written agreement signed by both parties. This allows Healthsource Chiropractic to adapt its operational guidelines as needed while ensuring that fundamental development rights are only altered with mutual consent.
In the event of a conflict between the Development Agreement and any Franchise Agreements, the terms, conditions, and intent of the Development Agreement will take precedence. This clause clarifies the hierarchy between the agreements, ensuring that the Development Agreement's provisions are upheld in case of discrepancies. This provides a level of assurance to the developer regarding their development rights within the specified area.