factual

To whom does the Confidential Information belong in the Healthsource Chiropractic franchise system?

Healthsource_Chiropractic Franchise · 2025 FDD

Answer from 2025 FDD Document

I acknowledge and agree that HealthSource is the sole owner of the Confidential Information and that I and my employees, representatives and agents: (x) will not use the Confidential Information for any purpose other than the operation of a HealthSource franchise; (y) will maintain the absolute confidentiality of the Confidential Information; and (z) will not

make unauthorized copies of any portion of the Confidential Information, and will return to HealthSource all tangible materials and media containing Confidential Information, including all copies thereof, upon HealthSource's request. I agree that the foregoing restrictions will apply even if I do not enter into a Franchise Agreement with HealthSource or if this Acknowledgement is revoked or expires or terminates, but nothing contained herein shall prevent me from using information or knowledge that is publicly available.

Source: Item 23 — Receipts (FDD pages 77–282)

What This Means (2025 FDD)

According to Healthsource Chiropractic's 2025 Franchise Disclosure Document, Healthsource is the sole owner of the Confidential Information. This information includes, but is not limited to, services and products offered at HealthSource Chiropractic franchises, knowledge of sales and profit performance of any HealthSource Chiropractic franchises, knowledge of sources of products sold at HealthSource Chiropractic franchises, advertising and promotional programs, image and decor, methods, techniques, formats, specifications, procedures, information, systems, knowledge of the development, operation, and franchising of HealthSource Chiropractic franchises, and the selection and methods of training employees.

As a franchisee, you and your employees, representatives, and agents are restricted in how you can use this information. You can only use the Confidential Information for the operation of your HealthSource Chiropractic franchise. You must maintain the absolute confidentiality of the Confidential Information. You are prohibited from making unauthorized copies of any portion of the Confidential Information, and you must return to HealthSource all tangible materials and media containing Confidential Information, including all copies, upon HealthSource's request.

These restrictions apply even if you do not enter into a Franchise Agreement with HealthSource or if the Acknowledgment is revoked, expires, or terminates. However, you are not prevented from using information or knowledge that is publicly available. This ensures that HealthSource Chiropractic retains control over its proprietary information and maintains a consistent brand and operational standard across all its franchises.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.