Service Agreement In Germany

In addition, the administrative arrangement defines the functions of the manager, insofar as they are not enshrined in the statutes or are fixed by law on the basis of his position as a member of the organs of the company. Some payment processing services offered by Stripe are services that can only be provided by an authorized payment service provider or an electronic payment facility (“Authorized Payment Services”). To the extent that you purchase authorized payment services, the services are provided by Stripe Technology Europe, Limited (“STEL”) and payment services authorized by STEL. Notwithstanding other provisions of this Agreement, STEL, as a provider of authorized payment services, will be the sole part of Stripe to be responsible for recovering the proceeds from payment of fees, counting these products into your payment account and guaranteeing these products until your payment or as requested. in particular, no other Stripe company will be held responsible for this liability independently of STEL or jointly. The provision and operation of electronic money services is also an activity that can only be carried out by an authorised issuer of electronic money and which, therefore, is carried out only by STEL as part of this agreement. Accordingly, all references to “Stripe,” “we” and “we” contained in this Agreement (including, but not limited to Section B.6 and this Section C) are considered only references to STEL, as they relate to the conduct of activities that constitute authorized payment services or electronic money services. E. Other services: From time to time, we may offer additional functions or services that may be subject to additional or derogatory terms of use.

Examples of additional services are Stripe Radar and Stripe Sigma. All of these additional features and services are part of the Services and you can only use these additional services if you accept the agreement or conditions (if any) for these services. Some administrator service contracts contain so-called commitment clauses. These clauses provide that the executive contract automatically ceases if the Director General is removed from his or her duties or if his office ends in another way. This is particularly important for clients who are not accustomed to the specifics of German law – in other jurisdictions, the termination of a manager`s service contract with the company can lead at the same time to impeachment. Under German law, a separate shareholder decision is required for the director to be removed from office. The effectiveness of these commitment clauses under German law must be assessed on a case-by-case basis. In this regard, a fairly broad case law has developed.

Networks can change network rules at any time without notice, and Stripe reserves the right to change payment services at any time to comply with network rules. We may share with the networks (and the payment method of acquire) the information you provide us, which we use to identify the nature of your products or services, including the assignment of your business activities to a specific code of the payment network merchant category (MCC).