Which exhibit in the Healthsource Chiropractic FDD contains the sample Clinic Management Agreement?
Healthsource_Chiropractic Franchise · 2025 FDDAnswer from 2025 FDD Document
| Exhibit A | State Administrators/Agents for Service of Process |
|---|---|
| Exhibit B | Franchise Agreement |
| Exhibit C | Development Agreement |
| Exhibit D | Operations Manual Table of Contents |
| Exhibit E | List of HealthSource Chiropractic Franchisees |
| Exhibit F | Regional Developers/Independent Sales Agents |
| Exhibit G | Financial Statements |
| Exhibit H | General Release Agreement |
| Exhibit I | Transfer Agreement |
| Exhibit J | Supplemental Agreements |
| Exhibit K | Franchise Deposit Acknowledgement and Amendment |
| Exhibit L | Multi-State Addenda and Agreement Riders |
| Exhibit M | Sample Clinic Management Agreement |
| Date | Signature of Franchisee |
Source: Item 23 — Receipts (FDD pages 77–282)
What This Means (2025 FDD)
According to the 2025 Healthsource Chiropractic Franchise Disclosure Document, Exhibit M contains the sample Clinic Management Agreement. This agreement is relevant if a franchisee intends to operate a Clinic Management Business, which is necessary in states where non-licensed individuals or entities are not permitted to own or operate chiropractic practices.
In such cases, the franchisee enters into a Franchise Agreement with Healthsource Chiropractic and a Management Agreement with a Professional Corporation (PC) that will own and operate the clinic. The franchisee, as the Clinic Management Business, constructs or builds out the clinic for the PC's use, and the PC operates the clinic under the Healthsource Chiropractic name and marks.
The FDD provides a general form of Management Agreement as an exhibit, which serves as a starting point. However, the actual Management Agreement must be approved by Healthsource Chiropractic and comply with all applicable state and local laws. The franchisee is responsible for ensuring compliance with these laws and must obtain written approval from Healthsource Chiropractic before signing the agreement with the PC. A Management Agreement must be in effect with a PC at all times during the operation of the franchised business.