Can Stripe freely assign and transfer the Bonchon agreement without the franchisee's consent?

According to Bonchon's 2025 Franchise Disclosure Document, Bonchon has the right to delegate its obligations under the Franchise Agreement to third-party designees, including agents or independent contractors. If Bonchon delegates these obligations, the third-party designees are obligated to perform the delegated functions in compliance with the terms of the agreement. This means Bonchon can assign certain responsibilities to other parties who must then fulfill them according to the original agreement.

For a prospective Bonchon franchisee, this indicates that some of Bonchon's responsibilities and services might be provided by third parties. While Bonchon retains the right to delegate, these third parties are still required to adhere to the standards set forth in the franchise agreement. This could impact the consistency and quality of support received, as the franchisee will be dealing with entities other than Bonchon directly for certain aspects of the business.

It is important for a potential franchisee to understand which specific obligations Bonchon might delegate and to whom. Investigating the reputation and reliability of these potential third-party designees could be a crucial part of the due diligence process. Furthermore, franchisees should confirm how Bonchon ensures these third parties comply with the franchise agreement and what recourse is available if these delegated responsibilities are not adequately fulfilled.