Does Healthsource Chiropractic prescribe or approve specific non-disclosure, non-solicitation, non-disparagement, and non-competition agreements for a franchisee's shareholders, partners, members, officers, directors, employees, independent contractors, or agents?
Healthsource_Chiropractic Franchise · 2025 FDDAnswer from 2025 FDD Document
| Provision | Section in Franchise Agreement | Summary |
|---|---|---|
| of the new owner to pay any amounts payable under the Franchise Agreement or any new Franchise Agreement that we may require the new owner to sign in connection with the transfer, and containing a general release of any claims that you may have against us. (see Exhibit I). | ||
| n. Our right of first refusal to | Not applicable. | Not applicable. |
| acquire your business | ||
| o. Our option to purchase your | Not applicable. | Not applicable. |
| business | ||
| p. Death or disability of franchisee | Section 14.6 | Executor, administrator, or other personal representative must transfer interest within 12 months; all transfers are subject to provisions in Franchise Agreement regulating transfers. |
| q. Non-competition covenants during the term of the franchise | Section 9.3 and 17.8 | Neither you, your Principal Owners, General Managers, nor any immediate family members of you or your Principal Owners may perform services for or have any interest in any competitive business. |
| r. Non-competition covenants after | Not applicable | Not applicable. |
| the franchise is terminated or | ||
| expires | ||
| s. Modification of the agreement | Section 20 | No modifications to Franchise Agreement unless you and we agree in writing; we may amend Operations Manual at any time. |
| t. Integration/merger clause | Section 20 | Only the Franchise Agreement applies (subject to state and federal law); all other agreements or promises not enforceable, except that nothing in the Franchise Agreement will operate to waive or disclaim your right to rely on the representations and claims asserted in this FDD. |
Source: Item 17 — Renewal, Termination, Transfer, and Dispute Resolution (FDD pages 53–64)
What This Means (2025 FDD)
According to Healthsource Chiropractic's 2025 Franchise Disclosure Document, the Franchise Agreement contains non-competition covenants that apply to the franchisee, their Principal Owners, General Managers, and any immediate family members of the franchisee or their Principal Owners.
Specifically, during the term of the franchise, these individuals are restricted from performing services for or having any interest in any competitive business. The FDD does not specify whether Healthsource Chiropractic prescribes or approves specific non-disclosure, non-solicitation, or non-disparagement agreements for a franchisee's shareholders, partners, members, officers, directors, employees, independent contractors, or agents.
Prospective franchisees should inquire with Healthsource Chiropractic about the specific terms and scope of any required non-competition, non-disclosure, non-solicitation, and non-disparagement agreements for themselves and related parties to fully understand their obligations and restrictions.