What are the potential legal consequences for a Bonchon franchisee if they provide access to Stripe Technology to a High-Risk Person?
Bonchon Franchise · 2025 FDDAnswer from 2025 FDD Document
for any losses and/or damages in connection with the use of our website.
https://stripe.com/legal/ssa 21/46
determination.
(i) The United Nations Convention on Contracts for the International Sale of Goods will not apply to this Agreement.
15.6 Waivers.
To be effective, a waiver must be in a writing signed by the waiving party. The failure of either party to enforce any provision of this Agreement will not constitute a waiver of that party's rights to subsequently enforce the provision.
15.7 Force Majeure.
Stripe and its Affiliates will not be liable for any losses, damages, or costs you suffer, or delays in a Stripe Entity's performance or non-performance, to the extent caused by a Force Majeure Event.
15.8 Assignment.
You may not assign or transfer any obligation or benefit under this Agreement without Stripe's consent. Any attempt to assign or transfer in violation of the previous sentence will be void in each instance. If you wish to assign this Agreement, please contact us. Stripe may, without your consent, freely assign and transfer this Agreement, including any of its rights or obligations under this Agreement. This Agreement will be binding on, inure to the benefit of, and be enforceable by the parties and their permitted assigns.
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.
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Source: Item 23 — RECEIPTS (FDD pages 92–536)
What This Means (2025 FDD)
According to Bonchon's 2025 Franchise Disclosure Document, a franchisee must adhere to export control regulations regarding Stripe Technology. Specifically, a Bonchon franchisee is prohibited from providing access to Stripe Technology to any individual or entity residing in a High-Risk Jurisdiction or to any High-Risk Person. A "High-Risk Person" is defined as any individual or entity that Stripe has deemed to be of particularly high risk, as identified on the Stripe Restricted Business List.
If a Bonchon franchisee violates these export control measures, Stripe has the right to immediately suspend providing any or all services, including access to Stripe Technology. This suspension can occur if Stripe believes that the franchisee's actions will violate any law, financial services terms, or governmental authority requirement. Suspension can also occur if Stripe believes the franchisee is engaged in a business, trading practice, or other activity that presents an unacceptable risk to Stripe.
In practical terms, this means a Bonchon franchisee must be diligent in ensuring they do not allow access to Stripe Technology to individuals or entities on Stripe's Restricted Business List or those in High-Risk Jurisdictions. Failure to comply could result in the interruption of Stripe services, which are likely essential for processing payments and other financial transactions within the Bonchon business. The franchisee should regularly consult the Stripe Restricted Business List and implement measures to verify the identity and location of individuals or entities accessing or using Stripe Technology through their Bonchon franchise.