Under the Gokhale Method agreement, what U.S. law is referenced regarding terrorism?
Gokhale_Method Franchise · 2024 FDDAnswer from 2024 FDD Document
- 17.3.
Compliance With Anti-Terrorism Laws.
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. anti-terrorism laws. 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 transaction with individuals or entities involved in terrorism, as defined by the Executive Order. This means a franchisee must ensure they are not doing business with anyone on a U.S. government list of prohibited parties.
This clause protects Gokhale Method from legal and reputational risks associated with supporting terrorism. Franchisees should conduct due diligence to ensure compliance with these laws, as failure to do so could result in termination of their franchise agreement and potential legal consequences.