Can the Healthsource Chiropractic franchise agreement be executed in counterparts, including by facsimile or electronic signature?
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)
According to the 2025 HealthSource Chiropractic 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.
However, the excerpt does not specify whether HealthSource Chiropractic permits signing the agreement via facsimile or electronic signature. Franchise agreements often require original signatures to ensure enforceability, but electronic signatures are becoming more accepted with the rise of digital transaction management platforms.
A prospective HealthSource Chiropractic franchisee should confirm with the franchisor whether they accept signatures via facsimile or electronic means. This clarification is crucial for understanding the logistics of finalizing the franchise agreement and can save time and resources during the execution process.