Does the Healthsource Chiropractic amendment specify any obligations related to the Development Agreement?
Healthsource_Chiropractic Franchise · 2025 FDDAnswer from 2025 FDD Document
- c.
If a state regulator requires an amendment to this Agreement, the amendment is attached to this Agreement.
We will not, however, be precluded from contesting the validity, enforceability, or applicability of such regulator's required amendment in any action relating to this Agreement or to its rescission or termination.
Source: Item 23 — Receipts (FDD pages 77–282)
What This Means (2025 FDD)
Based on the 2025 Healthsource Chiropractic Franchise Disclosure Document, if a state regulator requires an amendment to the Franchise Agreement, that amendment will be attached to the agreement. However, Healthsource Chiropractic retains the right to contest the validity, enforceability, or applicability of the regulator's required amendment in any action relating to the agreement, its rescission, or termination.
This means that while Healthsource Chiropractic will comply with required state amendments, they do not waive their right to challenge those amendments in court. For a prospective franchisee, this highlights the importance of understanding state-specific regulations and how they might impact the franchise agreement.
However, the excerpt does not specify any obligations related to the Development Agreement. A prospective franchisee should ask the franchisor about any specific obligations related to the Development Agreement.