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#11 - Financial Software Purchase
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#11 - Financial Software Purchase
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—3— <br /> <br />Customer, and neither Stripe nor BS&A will have any obligation to verify the legal name or tax ID <br />number for reporting purposes. Customer understands and agrees that BS&A and Stripe may submit tax <br />reporting information exactly as provided by Customer. Notwithstanding the foregoing, BS&A or Stripe <br />may in their sole discretion investigate or validate any tax reporting information or other information <br />submitted by Customer. <br />2.4 Electronic Delivery of Tax Documents. In connection with the tax reporting activities described <br />above, Customer may elect to receive electronic delivery of the referenced tax-related documents from <br />BS&A or Stripe, including through BS&A’s platform or another online portal whereby Customer can <br />access and download the applicable statements. If Customer elects to receive tax documents <br />electronically, it will provide such consent by clicking an “I Accept” or similar button or checking a box <br />captioned with acceptance and consent language (“Tax E-Delivery Consent”). The Tax E-Delivery <br />Consent will remain in effect until withdrawn by Customer. The Tax E-Delivery Consent may be printed <br />or downloaded. If Customer does not specifically consent to the electronic delivery of tax-related <br />documents, Customer will receive paper copies of all required tax-related documents, including Form <br />1099-K. BS&A or Stripe will notify Customer once the applicable tax forms become available via the <br />email address BS&A has on file for Customer. <br />3. Compliance <br />3.1 Laws and Rules. Customer agrees to comply at all times with all applicable laws and regulations <br />as well as the rules and regulations of all applicable payment networks (“Network Rules”), including <br />industry standards such as the Payment Card Industry Data Security Standards (“PCI-DSS”). Additional <br />data protection standards and policies which Customer must comply with are set forth in the Stripe <br />Agreements. Furthermore, Customer acknowledges and agrees that it is fully responsible for all acts and <br />omissions of its employees, contractors, and agents and will ensure their compliance with all laws and <br />Network Rules as well as Customer’s other obligations under this Addendum and the Stripe Agreements. <br />3.2 Customer’s Business. Customer understands that any transactions involving Customer’s goods <br />or services which are processed through the Payment Processing Services pursuant to this Addendum <br />(“Transactions”) are between Customer and its customer (the cardholder), and any issues relating to a <br />Transaction are solely between Customer and the cardholder. Customer is solely responsible for all <br />liabilities associated with Customer’s payment processing activity and use of the Payment Processing <br />Services, including without limitation with respect to chargebacks, refunds, identity theft, fraud and any <br />assessments or fees imposed by Stripe, a sponsor bank, the card networks or any third party. Customer <br />is responsible for determining what, if any, taxes apply to the goods and services Customer provides to <br />its cardholders and the payments Customer makes or receives, and it is Customer’s responsibility to <br />collect, report and remit the correct tax to the appropriate tax authority. Customer will comply with any <br />and all applicable tax laws, including those in connection with Transactions. <br />3.3 Prohibited Activities. Customer will not use the Stripe Connected Account for any activity <br />prohibited by Stripe, including but not limited to those activities listed in the section of Stripe Services <br />Agreement titled “Services Restrictions” or those activities listed in the Stripe Restricted Businesses List. <br />Customer shall not use the Payment Processing Services to conduct a Restricted Business or transact <br />with a Restricted Business. Customer may not use the Payment Processing Services in breach of the <br />Connected Account Agreement or for any activity that applicable law or the Stripe Agreements prohibit. <br />3.4 Fraud Monitoring. BS&A and Stripe may monitor Transactions for the purpose of determining <br />fraudulent activity and whether Customer is in good standing. Such monitoring if conducted, will be for <br />the benefit of BS&A and/or Stripe only. BS&A does not have any obligation to monitor Transactions on
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