HK753 USD 500 million liquidated damages, Yumo disappeared?
It’s about 11 o’clock in the morning on May 7th.
At the temporary headquarters of Dream Entertainment Company, on the 38th floor of the Jade Building, the negotiation between untM Company and Dream Entertainment Company has entered the final stage. Based on the attempt to acquire AMD, Shi Lei and Mu Shuang agreed to the cooperation plan proposed by untel Company and used
As a cover up.
Before signing the agreement, Untel's senior vice president, Craig.
However, Barrett made an unkind request that was unique to the Xia Kingdom, causing the originally smooth negotiation to fall into the shadow of a deadlock.
"Ms. Mu, Mr. Shi, our Untel company hopes that the cooperation agreement signed by both parties must be properly kept confidential. Moreover, when holding a press conference, the cooperation information disclosed to the news media must be marked as divided into two parties.
Each accounts for 50%. After all, our wntel company has many partners all over the world. I hope that you, Dream Entertainment Company, can understand our difficulties." Craig said slowly, observing carefully.
Shi Lei and Mu Shuang's facial expressions.
Mu Shuang turned to look at Shi Lei and asked, "Mr. Shi, how do you think we should handle untM's request?"
"I understand Mr. Craig's concerns. Business cooperation agreements should be kept confidential. As for publicity matters, as long as wntel has such needs, our Dream Entertainment can cooperate." Shi Lei responded with a smile.
Craig's hanging heart was finally relieved!
More than ten minutes later, the legal staff of Dream Entertainment and wntM Company jointly drafted a bilingual version of the cooperation agreement in which Xia Mandarin and English coexist.
The agreement clearly states that once the cooperation agreement expressed in English and Xia Mandarin are inconsistent, the cooperation agreement will be invalidated. This is to prevent language translation traps. In English, one word represents multiple different meanings.
Intal's legal staff and five think tank members carefully checked the cooperation agreement, including the cooperation agreement described by Xia Guoyu. In wntel's negotiation team, there are many people who are proficient in Xia Guoyu.
After the two parties have confirmed the cooperation agreement, there is only one last step left to complete the cooperation agreement. This last step is the punishment method for violating the agreement!
The reason why a cooperation agreement is required for business cooperation is to prevent a party from unilaterally violating the cooperation agreement and obtain the compensation stipulated in the agreement through legal means.
Craig.
Barrett and the company's internal think tank members have long discussed the compensation terms for violating the agreement.
"Mr. Shi, Ms. Mu, regarding the compensation clause for violation of the agreement, this is the request of our Untel company." Craig took out two AT printing papers from his briefcase, put them on the conference table, and pushed them to Mu
Shuang and Shi Lei.
After Shi Lei got it, he checked it out and found that the compensation terms formulated by Untel Company were quite strict. However, most of the terms were indifferent compensation. Only the last one could not be circumvented by Dream Entertainment Company.
The last compensation agreement specifically states that any party that violates the cooperation agreement will need to compensate the other party in the amount of US$100 million!
A total of ten billion US dollars!
This is absolutely a sky-high price!
Neither Dream Entertainment nor Intel will be able to pay such liquidated damages in the short term. Even though wntM's total assets are as high as hundreds of billions of dollars, the total assets are not equal to liquid funds. Most of those values are stocks and
The production base and related technology patents are converted into total asset value.
Mu Shuang also discovered the last compensation agreement. She sneered in her heart and put the A4 printing paper on the table. "Mr. Craig, I think this liquidated damages agreement is inappropriate."
"Oh? Which one is inappropriate?" Craig asked immediately.
Mu Shuang glanced at Shi Lei and said, "Mr. Shi, why don't you tell me?"
Shi Lei nodded, took the words and said loudly: "Mr. Craig, our Dream Entertainment Company and wntel Company have had good cooperation experience. In the last cooperation, the compensation agreement we signed with each other stipulated that if both parties
If you violate the agreement, you need to pay the other party US$100 million in compensation. Why did the liquidated damages in this compensation agreement reach US$10 billion?”
The amount of liquidated damages of 10 billion is entirely the result of joint discussions between five think tank members of IntM Company. In the first cooperation between Intel Company and Dream Entertainment, Intel did not realize that the sales volume of personal game servers actually reached
The contract amounted to US$7.2 billion. Therefore, in terms of liquidated damages, the amount signed was not large.
In the first cooperation, Untel had a taste of the sweetness and knew what kind of profit income the personal game server would bring. It would be absolutely inappropriate to sign another $100 million in liquidated damages.
Therefore, Untel has increased the liquidated damages to 10 billion US dollars. Even if Dream Entertainment breaches the contract regardless of all costs, wntMl will still be able to obtain sufficient benefits.
"Mr. Shi and Ms. Mu, according to the predictions of our company's internal evaluation department, Dream Entertainment's second-generation personal game server will sell at least three million units worldwide. In order for our cooperation to be happy, we need a high-end personal game server."
The amount of liquidated damages is used to bind both of us." Craig explained in a serious tone.
Shi Lei sneered, "Mr. Craig, can I interpret this as your wntel company doubting our Dream Entertainment Company and preparing to break the contract?"
"Of course we don't mean this!" Craig corrected his attitude first. In fact, wntel was really worried about Dream Entertainment breaking the contract, but they couldn't say it on the surface. "Mr. Shi, the high amount of liquidated damages is just
Let’s make our cooperation even stronger.”
Mu Shuang let Shi Lei negotiate with a calm expression, making it difficult to tell what she meant.
"Mr. Craig, our Dream Entertainment company will only accept the same default amount as last time. Otherwise, our cooperation will not be able to continue." Shi Lei said with a strong attitude.
Craig looked at Shi Lei with a wry smile. In business negotiations, usually after entering into substantive negotiations, both parties would not mention the topic of terminating cooperation. They would only discuss problematic terms and choose not to.
Negotiations were stopped. How could there be someone like Shi Lei who just opened his mouth and the negotiations broke down?
Fortunately, after several negotiations, Craig also knew that Shi Lei was a novice negotiator and did not understand the rules of negotiation at all. Craig could only look at Mu Shuang helplessly, hoping that Mu Shuang would express his attitude.
Mu Shuang coughed lightly, and Shi Lei immediately stopped talking.
"Mr. Craig, I support what President Shi just said. We, Dream Entertainment and Mirui Technology, will not accept the $10 billion liquidated damages under any circumstances. Of course, we understand your company Untel quite well."
Difficulties. Therefore, liquidated damages can be increased from US$100 million for the first cooperation to US$200 million. This is the bottom line of our Dream Entertainment Company." Mu Shuang's tone was full of sincerity.
However, the meaning behind his words was not sincere at all.
The liquidated damages were raised from US$100 million to US$200 million. Compared to a cooperation agreement worth tens of billions of US dollars, there is really no sincerity.
A worry arose in Craig's heart. Dream Entertainment refused to increase the damages for breach of contract, which showed that Dream Entertainment was determined to tear up the agreement, or had a tendency to do so.
Once AMD, IBM, or SUN, companies that have made achievements in the chip field and commercial server field, give Dream Entertainment Company better conditions, then Dream Entertainment Company's unilateral breach of contract will be
will become a reality.
"Ms. Mu, we at untM cannot accept the liquidated damages of 200 million US dollars!" Craig gave a rare tough answer. He must obtain a reasonable benefit plan for the company. Otherwise, he will become the company's sinner.
!
Mu Shuang sighed lightly, "It seems that the negotiations between us will continue to reach a deadlock. Maybe AMD will be a better choice. They don't even need restrictions on liquidated damages, right?"
Mu Shuang deliberately mentioned AMD to stimulate vntel. In the chip manufacturing industry, wntel and AMD are natural enemies.
Although the two companies have some cooperation, and even wntM company controls some AMD stocks behind the scenes, the two companies are mortal enemies!
Craig's face darkened. He knew that what Mu Shuang said was true. In order to win over Dream Entertainment, AMD would accept even if the limit of liquidated damages was very low. As long as AMD cooperated with Dream Entertainment, it would be fine.
It only takes a little time to cooperate, and it can be accepted by AMD.
What ABRD needs most is to gain product recognition from global users with the help of Dream Entertainment!
"Wait a minute! Ms. Mu, lower the liquidated damages to five billion U.S. dollars!" Craig directly cut off half of the liquidated damages, making a big concession.
Unfortunately, the amount of liquidated damages is also not within the scope of Dream Entertainment's consideration.
After a brief but intense back-and-forth negotiation, Untel finally set the liquidated damages at one billion U.S. dollars and refused to lower it under any circumstances.
Intal's idea is simple. If Dream Entertainment unilaterally breaks the agreement, they will make at least one billion US dollars. Anyway, Dream Entertainment's personal game server does not need a separate product line, only their company's current products.
Mu Shuang also presented the ultimate price that Dream Entertainment Company could bear, "Mr. Craig, our Dream Entertainment Company can accept up to US$500 million in liquidated damages."
In order to show that the amount of liquidated damages of US$500 million is the real bottom line price of Dream Entertainment, Mu Shuang said in a serious tone: "If you cannot accept it, today's negotiation ends here!"
Shi Lei had already stood up, looking like he was ready to leave.
However, when Craig at Untel was still hesitating, Shi Lei's phone rang. He took out the phone and saw that the caller's number was in the capital city.
Shi Lei originally thought that Ling Yumo had changed his mobile phone number, so he pressed the answer button and put the receiver to his ear.
"Boss, Miss Ling Yumo is missing!" On the phone came the voice of Chen Zhiyong, a person from Judgment Security Company dispatched to protect Ling Yumo in the capital city.
"What?" Shi Lei's expression changed and he asked loudly: "What is going on?"
