Under what conditions can HealthCore terminate the Healthsource Chiropractic agreement?
Healthsource_Chiropractic Franchise · 2025 FDDAnswer from 2025 FDD Document
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- TERMINATION BY HEALTHCORE. In addition to HealthCore's right to immediately suspend or terminate service as elsewhere provided in this Agreement, HealthCore shall have the right, upon thirty (30) days' prior written notice to Customer, to terminate this Agreement. Service shall terminate on the last day of the month following HealthCore's notice of termination.
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- TERMINATION BY CUSTOMER. Customer will have the right, after the first one hundred eighty (180) days this Agreement is in effect, to terminate this Agreement upon thirty (30) days' prior written notice to HealthCore if Customer's HealthSource Chiropractic franchise has terminated or expired. Service shall terminate on the last day of the month following Customer's notice of termination.
4.TERMINATION FOR CEASING TO BE A HEALTHSOURCE FRANCHISEE IN GOODSTANDING.
In the event that Customer ceases to be a franchisee in good standing with HealthSource Chiropractic, this Agreement is subject to suspension and/or termination upon notice to Customer, if HealthSource Chiropractic notifies HealthCore that Customer is not in good standing under their franchise agreement.
Source: Item 23 — Receipts (FDD pages 77–282)
What This Means (2025 FDD)
According to the 2025 Healthsource Chiropractic Franchise Disclosure Document, HealthCore Technology, LLC can terminate the HealthCore Technology Service Agreement under specific conditions. HealthCore can terminate the agreement with a thirty (30) days prior written notice to the customer. Service will terminate on the last day of the month following HealthCore's notice of termination.
Additionally, HealthCore can terminate the agreement if the customer ceases to be a franchisee in good standing with HealthSource Chiropractic. This termination is subject to suspension or termination upon notice to the customer, specifically if HealthSource Chiropractic notifies HealthCore that the customer is not in good standing under their franchise agreement.
These termination clauses are important for a prospective Healthsource Chiropractic franchisee to understand, as they highlight the interconnectedness of the franchise agreement and the technology service agreement. A franchisee's standing with Healthsource Chiropractic directly impacts their technology services provided by HealthCore. Franchisees should maintain good standing with Healthsource Chiropractic to avoid potential service disruptions.