What U.S. law is cited regarding anti-terrorism compliance in the Gokhale Method agreement?
Gokhale_Method Franchise · 2024 FDDAnswer from 2024 FDD Document
You acknowledge that under applicable U.S. law, including, without limitation, Executive Order 13224, signed on September 23, 2001 (the "Executive Order"), we are prohibited from engaging in any transaction with any person engaged in, or with a person aiding any person engaged in, acts of terrorism, as defined in the Executive Order.
Source: Item 22 — CONTRACTS (FDD page 34)
What This Means (2024 FDD)
According to the 2024 Gokhale Method Franchise Disclosure Document, franchisees must comply with U.S. laws related to anti-terrorism. Specifically, the agreement references Executive Order 13224, signed on September 23, 2001.
The franchise agreement states that Gokhale Method is prohibited from engaging in any transactions with individuals or entities involved in terrorism, as defined by the Executive Order. This means a franchisee must ensure they are not conducting business with anyone on a U.S. government restricted list.
This clause is a standard inclusion in franchise agreements to ensure compliance with federal law. Franchisees should be aware of this requirement and take necessary precautions to avoid any potential violations. This may involve screening customers or vendors to ensure they are not associated with terrorist activities.