What information is required for the 'By' section of the Healthsource Chiropractic amendment?
Healthsource_Chiropractic Franchise · 2025 FDDAnswer from 2025 FDD Document
[Signature Page Follows]
IN WITNESS WHEREOF, the Parties hereto affix their signatures and execute this Agreement as of the day and year first above written.
Error! Unknown document property name. an Ohio limited liability company Its: Its: OWNERS: ASSIGNEE: -and- , Individually and on behalf of any entities or persons that may own, operate or have an interest in the Franchise
Source: Item 23 — Receipts (FDD pages 77–282)
What This Means (2025 FDD)
According to the 2025 Healthsource Chiropractic Franchise Disclosure Document, the amendment requires the name of the Healthsource Chiropractic entity (an Ohio limited liability company), a signature, and a title (stated as "Its:"). For the franchisee, it requires the franchisee's name, a signature, their title (stated as "Its:"), and the names of the owners. It also includes language for an assignee, requiring their name individually and on behalf of any entities or persons that may own, operate, or have an interest in the franchise.
This level of detail ensures that all parties involved in the agreement are clearly identified and bound by its terms. This is a standard practice in franchising to avoid ambiguity and ensure accountability. The inclusion of owners and assignees further clarifies who has a vested interest in the franchise and is subject to the agreement's provisions.
Prospective franchisees should pay close attention to these requirements to ensure that the agreement is legally sound and enforceable. They should also consult with an attorney to fully understand their rights and obligations under the agreement.