What happens if a Healthsource Chiropractic Licensed Provider's owner is convicted of a felony?
Healthsource_Chiropractic Franchise · 2025 FDDAnswer from 2025 FDD Document
- f. you or any of your Principal Owners are convicted of or plead no contest to a felony or are convicted or plead no contest to any crime or offense that is likely to adversely affect the reputation of HealthSource Chiropractic, the Franchise, and/or the goodwill associated with the Marks, or otherwise engage in any dishonest, unethical, or other conduct that is reasonably likely to reflect materially and unfavorably on the goodwill or reputation of your Franchised Business, the Marks or the System;
Source: Item 23 — Receipts (FDD pages 77–282)
What This Means (2025 FDD)
According to the 2025 Healthsource Chiropractic FDD, if you or any of your Principal Owners are convicted of or plead no contest to a felony, it can have serious repercussions for your franchise agreement. Specifically, Healthsource Chiropractic may consider this a breach of the agreement.
In addition to a felony conviction, pleading no contest to any crime or offense that could negatively impact the reputation of HealthSource Chiropractic, the franchise, or the goodwill associated with its marks can also trigger consequences. This also extends to engaging in any dishonest, unethical, or other conduct that could reflect unfavorably on the goodwill or reputation of your franchised business, the marks, or the Healthsource Chiropractic system.
This clause highlights the importance of maintaining a clean criminal record and adhering to high ethical standards as a Healthsource Chiropractic franchisee. A criminal conviction or unethical behavior can not only damage your own business but also negatively impact the entire Healthsource Chiropractic brand, leading to potential termination of your franchise agreement.