Chapter 67 Strategic Products

"Strictly speaking, the plan we plan to launch this time should be called the employee equity incentive plan. Pen ~ Fun ~ Pavilion www.biquge.info"

"The focus and core is to establish the company's incentive system. ”

"At the present stage of the company's development, on the eve of preparing for listing, the introduction of the employee equity incentive plan, on the one hand, can increase the company's cohesion and combat effectiveness, the long-term interests of individuals and the interests of the company combined, the incentive plan is also combined with the performance of employees, can effectively enhance the enthusiasm and initiative of employees, realize the mechanism of risk sharing and benefit sharing between employees and the company, and tap the driving force of the company's internal growth. Of course, on the other hand, it is also hoped that the core backbone personnel of the company can also share the benefits brought by the company's growth. ”

Li Dong said this, glanced at Lin Feng, and said with emotion: "When I discussed with Lin Dong before, I was very emotional, Lin Dong is really very generous to the company's employees, speaking of which, I also want to thank Lin Dong, when I entered the company, he gave me full trust and gave me 15% of the shares, I believe that few companies will give such a high proportion of shares to a professional manager, which is also Lin Dong's excellence." ”

Lin Feng smiled and waved his hand: "Don't say that, there is a good saying, wealth gathers people, wealth gathers people scatter." What's the point of making money by me alone, brothers earn together, everyone is willing to follow me to do it! I'm a capitalist, Joe, you don't have to be grateful, then you are probably going to be busy and crazy, I hope you don't blame me for squeezing you!"

Li Dong smiled: "With these shares, I have to work hard! ”

Lin Feng smiled silently.

Li Dong continued: "The total amount and source of equity incentives this time are initially considered to be transferred by the original shareholders and major shareholders, and the total amount is tentatively set at 8%, which will be transferred by Chairman Lin 5% and Mr. Wang 3% respectively. ”

As he spoke, he looked at Wang Hao.

Wang Hao nodded: "I have no opinion, after all, I am also the co-founder of the company." ”

This is the truth, for Wang Hao, since the establishment of Menglong, he has received tens of millions of dividends and completed his financial freedom early. The sense of pursuit of wealth has weakened a lot, and the sense of dedication and achievement has been stimulated by Lin Feng, in his opinion, Menglong is also his own company, as the second largest shareholder, it is reasonable to divide part of the equity for employee incentives.

Lin Feng nodded and said to Li Dong: "I have also talked to Lao Wang before, and this matter will be up to the two of us, so you can continue." ”

According to the company's current valuation, the total number of shares of the company is set to be 200 million shares, calculated at 6 yuan per share (the company's net assets are converted into shares), and the total number of shares in this equity incentive is 16 million shares. The stock options are granted to all employees of the company who have signed a formal labor contract and the labor contract is still valid when the "Equity Option Incentive Contract" is signed, and at the same time, the company's key employees, including the company's management personnel, technical core and veteran employees (more than 1 year), the amount of shares will be different. ”

"As for the subscription amount of individual employees, I suggest that a number of weights such as length of service, job rank, performance score, and total employee ratio be used to form a formula to determine. ”

"Employees can obtain equity options with a corresponding amount through the company's bonus shares and cash subscriptions. ”

"The company gives shares, mainly for key employees, according to performance and rank, it is recommended to tentatively designate employees above the supervisor level. The amount of bonus shares is 1/10 of the total subscription amount of the individual, and part of the equity is distributed and gifted, and employees only enjoy the right to income, not ownership and voting rights, and employees can realize income through the company's repurchase and free trading after listing. The source of funds for the shares donated by the company is realized by the company's annual withdrawal of about 5% of the distributable profits of the previous year. ”

"For the cash subscription part, all employees of the company can participate according to their individual subscription amount, and the voluntary subscription method is adopted, and employees subscribe at a price of 0.5 yuan per share. If the employee's own funds are in difficulty, the company can set aside special funds to lend to the employee, the interest rate is calculated according to the lower interest rate of the loan in the same period, and the principal and interest of the loan are directly deducted from the annual dividends or wages. ”

Li Dong said this, and said with a smile: "Even if you don't calculate the price-earnings ratio of the company's shares after listing, the stock price is equivalent to giving employees more than 10 times the income based on the current company valuation, and I think all employees will shout Long live Lin Dong!"

Lin Feng smiled: "Hehe, the shares are not so easy to get, how to set the exercise period?"

Li Dong gave a thumbs up: "Okay, Lin Dong, you deserve to always call yourself a capitalist!"

"The exercise period set by the company is set as a precipitation period of 6 years, that is, after the grant period, the exercise is divided into six times, 20% in the first year, 15% in 2-6 years, and 5% in the last year. ”

At the same time, it also sets up restrictive clauses for employees, mainly for employees in the performance appraisal, restrictions on the exercise of rights, and the option treatment of resignation within the relevant years, etc., this detailed clause is more, I form a document for you to see, I will not go into detail here. ”

Lin Feng thought about it, and there was no big problem, so he smiled and said: "Okay, let's make it a decision, Joe, the listing plan and the employee equity incentive plan, form a document, find a time, notify Young and kathy, let's have a board discussion, and promote it as soon as possible." ”

Li Dong nodded in agreement.

Lin Feng sorted it out in his mind and said to Li Dong: "I almost forgot a little bit, over there, Zhang Zhijiao, Fei Yang and some employees are all old employees of Menglong, who were transferred to the past, and they should also be added to this equity incentive, according to their rank and seniority, they will be treated equally." ”

Li Dong nodded, and asked again: "Understood, what about other popular employees?"

Lin Feng shook his head with a smile: "The others have not made any contribution to the development of Menglong, so I won't consider it this time." ”

"Okay, got it. ”

Lin Feng advised: "Joe, during this time, your main job is to prepare for the listing, and you can appropriately assign the daily management of the company to the people below." Like Menglong's Zhang Yan and Wang Huiyao, and the popular Zhang Zhijiao, listen to the opinions of the personnel department, and if there is no problem with the inspection, you can promote the vice president and help you share the burden. ”

Li Dong responded with a smile.

Lin Feng looked at Wang Hao again and was silent.

Li Dong and Wang Hao have been working with him for so long, and they are very familiar with some of his habits, and in this case, at a glance, you can see that Lin Feng has thought of something related to Wang Hao again.

Li Dong was very interested, and immediately said: "Lin Dong, if there is nothing else, I will go and get busy first." You talk. ”

Lin Feng nodded and said, "Joe, I may have to work hard for you this time! After the successful listing, I will invite you to drink and celebrate your achievements!"

Li Dong smiled: "Okay, Lin Dong, I remember this, and I'll wait to drink your good wine when the time comes!"

……

There were Lin Feng and Wang Hao left in the office.

Lin Feng said to Wang Hao: "Lao Wang, in fact, this time is a bit early, but you also know my habits, I like to prepare for everything early...... Now there are two products, and we are going to start making reserves in terms of technology! You have to pick a group of elite soldiers who can trust and keep secrets. ”

Wang Hao's expression was full, he knew that when Lin Feng said this, he had something very important to explain.

"After Menglong went public, we have plenty of funds in our hands, and we have a lot of things to do...... , Lao Wang, we talked about it before, although now Menglong is good, it is popular, although there are many businesses, although the company makes money, but in the long run, there is still a lack of a core product, integrating all the businesses to form a fist. Fengxing's goal is to become a platform-level company. ”

"I've already thought about it, on the side of the game business group, after the launch of "Audition", when the operation is normal, I will put Lao Yao alone to develop a new game project, similar to CS (Counter-Strike) shooting online games, this product has a long vitality, and there is also a special role. Great for teamwork. ”

"You start now, organize the team to develop a voice-based instant messaging software in a closed way, I have several requirements, the first underlying architecture must be very complete, will not be easily stuck and dropped, and the second voice clarity must be high and smooth. Third, it is necessary to combine the group chat function of chat room and QQ, and adopt a combination of various chat forms such as channels, rooms, groups, and individual chats. I don't have any time requirements, as long as it can be developed by the end of 2004, of course, it would be best if it could be launched together with Lao Yao's shooting online game. We're using games to push instant messaging apps!"

Wang Hao took a breath: "You want to hit QQ for a surprise attack?"

Lin Feng shook his head: "The positioning is different for the time being, let's go voice chat, QQ is mainly text chat, but I'm afraid that the news will spread and be ......suddenly attacked by Tencent." So be sure to keep it confidential. ”

"I see, I carefully selected people to form a team, and I can't put it in SOHO Modern City, I will find another place and develop it quietly. ”

"Yes, that's what it means!"

Lin Feng continued: "You also pay attention to the technical reserves of the payment platform, relying on point card sales alone can not give full play to our advantages, realize online payment as soon as possible, and the games will be launched one after another, and this recharge volume is very large." When the time comes, we will also launch our own payment products. ”

"These two products are the highest strategic level of the company, you just know it. For the time being, the two of us know this strategy, take your time, don't rush, we will accumulate steadily. ”

Wang Hao was continuously brainwashed by Lin Feng today, and he had completely admired the five-body cast, and suddenly looked back at Menglong's listing, there are still too many things to do in the future, much more interesting than SP, and sighed: "Lin Feng, how long is your brain, you always want to be in front of everyone, no wonder Kathy said that you are a genius, Joe also said that you are a genius, your vision is indeed far!"

Lin Feng smiled: "What kind of genius am I, I just love to ponder." Lao Wang, technology is the core competitiveness of the company, and it all depends on you!"

Wang Hao joked: "Don't worry, just like Joe said, if you give me so many shares, of course I will do it!"

"Fuck off, you're also a major shareholder, okay!"