factual

Does the Healthsource Chiropractic Franchise Agreement include an Assumption of Franchisee's Obligations as an exhibit?

Healthsource_Chiropractic Franchise · 2025 FDD

Answer from 2025 FDD Document

This Agreement includes several exhibits, all of which are legally binding and are an integral part of the complete Franchise Agreement.

Source: Item 22 — Contracts (FDD page 77)

What This Means (2025 FDD)

According to the 2025 Healthsource Chiropractic Franchise Disclosure Document, the franchise agreement includes several exhibits that are legally binding and an integral part of the complete Franchise Agreement. However, the excerpts provided do not specifically mention an "Assumption of Franchisee's Obligations" as one of the exhibits. The document refers to exhibits related to the term of the agreement, protected territory, and interests in the Franchise Owner.

While the franchise agreement does include exhibits, it is unclear whether an Assumption of Franchisee's Obligations is among them. The FDD mentions that a Development Agreement is attached as Exhibit C, and Exhibit 1 lists the expiration date of the Initial Term and Exhibit 2 describes the Interests in Franchise Owner.

To determine if an Assumption of Franchisee's Obligations is included as an exhibit, a prospective franchisee should review the full list of exhibits referenced in the Franchise Agreement within the complete Franchise Disclosure Document. If it is not listed, they should ask Healthsource Chiropractic directly whether such a document is used and under what circumstances it would be applicable.

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.