What are the Bonchon franchisee's obligations regarding export control of Stripe Technology?
Bonchon Franchise · 2025 FDDAnswer from 2025 FDD Document
15.9 Export Control.
You must not use or otherwise export, re-export or transfer the Stripe Technology except as authorized by United States law and the laws of the jurisdiction(s) in which the Stripe Technology was distributed and obtained, including by providing access to Stripe Technology (a) to any individual or entity ordinarily resident in a High-Risk Jurisdiction; or (b) to any High-Risk Person. By using the Stripe Technology, you represent as of the Effective Date and warrant during the Term that you are not (x) located in or organized under the laws of any High-Risk Jurisdiction; (y) a High-Risk Person; or (z) owned 50% or more, or controlled, by individuals and entities (i) located in or, as applicable, organized under the laws of any High-Risk Jurisdiction; or (ii) any of whom or which is a High-Risk Person. You must not use the Stripe Technology for any purposes prohibited by Law, including the development, design, manufacture or production of missiles, nuclear, chemical or biological weapons.
Source: Item 23 — RECEIPTS (FDD pages 92–536)
What This Means (2025 FDD)
According to Bonchon's 2025 Franchise Disclosure Document, franchisees have specific obligations regarding the use and export of Stripe Technology. Bonchon franchisees must adhere to United States law and the laws of the jurisdictions where the Stripe Technology was distributed and obtained. This includes restrictions on providing access to Stripe Technology to individuals or entities in High-Risk Jurisdictions or to High-Risk Persons.
As a Bonchon franchisee, you must confirm that you are not located in or organized under the laws of any High-Risk Jurisdiction, nor are you a High-Risk Person, or owned/controlled by such individuals or entities. Furthermore, the Stripe Technology cannot be used for purposes prohibited by law, such as the development, design, manufacture, or production of missiles, nuclear, chemical, or biological weapons.
These stipulations ensure that Bonchon and its franchisees comply with international trade regulations and prevent the misuse of technology. Failure to comply with these export control measures could result in legal repercussions for the franchisee and potential damage to the Bonchon brand's reputation. Franchisees should ensure they fully understand these obligations and maintain ongoing compliance.