Does the Healthsource Chiropractic General Release Agreement require all owners of the franchisee to sign the release?

Question

Accepted Answer

federal and various state income tax returns. The Company is no longer subject to U.S. federal and state income tax examinations by tax authorities for years before 2020.

# NOTE T – LITIGATION:

The Company has been involved in litigation in the normal course of business. In the opinion of management, liability resulting from such proceedings would not have a material adverse affect on the Company financial statements.

#### **NOTE U – SUBSEQUENT EVENTS:**

Management has evaluated subsequent events through March 26, 2025, the date the financial statements were available to be issued and concluded that there are no subsequent events that require disclosure in the notes to the financial statements.

# **EXHIBIT H**

# **GENERAL RELEASE AGREEMENT**

# **(For Clinic Franchises)**

| THIS GENERAL RELEASE AGREEMENT ("Release") is made and entered into this day of, 20, by and between HealthSource Chiropractic, LLC, an Ohio limited liability company ("Franchisor"), and                                                                                       |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| , |
| a |
|  |
| corporation/limited |
| liability |
| company/partnership |
| (circle |
| one) |
| ("Franchisee"), |
| and |
| each |
| shareholder/member/partner of Franchisee (individually, an "Owner," |
| and collectively, |
| the "Owners") (collectively, Franchisor, Franchisee, and the Owners are referred to |
| hereinafter as the "Parties"). |
| WITNESSETH                                                                                                                                                                                                                                                                                                 |
| WHEREAS, the Parties previously entered into that certain Franchise Agreement, |
| dated, 20 (the "Agreement") granting Franchisee a single |
| HealthSource Chiropractic |
| Clinic |
| franchise of Franchisor for a specific Term (as defined |
| in the Agreement); and |
| WHEREAS, Franchisee desires to renew the Agreement for an additional Term (as |
| defined in the Agreement);

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

Does the Healthsource Chiropractic General Release Agreement require all owners of the franchisee to sign the release?

Answer from 2025 FDD Document

NOTE T – LITIGATION:

NOTE U – SUBSEQUENT EVENTS:

EXHIBIT H

GENERAL RELEASE AGREEMENT

(For Clinic Franchises)

What This Means (2025 FDD)