Chapter 492: Contract Issues

Morris immediately contacted the lawyer.

Of course, the lawyer doesn't matter, for him, today is supposed to be overtime, but for such a large contract, the remuneration given by Morris and others is also quite high.

Not to mention letting him come to the hotel, even if he is allowed to fly out of the country, he will not have any complaints.

Even on weekends, the traffic situation in Los Angeles was very worrisome, but it took the lawyer less than half an hour to arrive at the hotel.

Cheng Yu, on the other hand, had already swam happily with Vincent for half an hour.

Seeing a man in a suit and leather shoes appear by the pool, Cheng Yu knew that this must be the lawyer arranged by Morris.

patted Vincent's little head and let him continue to play in the pool, Cheng Yu got up and went ashore.

After simply wiping his body with a bath towel, Cheng Yu put on a bathrobe and walked towards the lawyer who was already sitting with Morris and the others.

For this contract, Cheng Yu is actually just an executor, and all the terms of the contract, etc., are the results of a long agreement between Morris and others and the law firm.

After Cheng Yu sat down, he took a sip of his drink, and directly picked up the contract handed by the lawyer and looked at it carefully.

This contract involves the transfer of shares and the right to use the funds corresponding to the shares in the future.

Almost all of the terms were impeccable, including the promise that Cheng Yu had promised Morris and others on the phone that the funds would increase profits over the next two years.

The only thing that is debatable is the time when the funds are invested in Cheng Yu's company.

Regarding this question of timing, there are two clauses in the contract.

The first is a two-year investment period, and Cheng Yu's company promises a 100% annualized rate of return.

Of course, this annualized rate is for the principal.

Time was stuck for two years, which made Cheng Yu frown slightly.

The second thing that makes Cheng Yu have some objections is that Morris and others reserve the right to inquire about the return generated by the funds after one year, and if the return cannot reach 100% annualized rate at that time, they will have the right to terminate the contract immediately and demand that Cheng Yu return the funds.

After reading it, Cheng Yu slowly closed the contract text in his hand.

Seeing this, the lawyer smiled and said, "Mr. Cheng, if there is nothing wrong with the contract, then you can start signing the contract at any time." ”

Cheng Yu raised his head and looked at Morris and the others, but he didn't say anything for a long time.

Morris felt a little weak and said, "Cheng, is there something wrong with the contract?"

Cheng Yu sighed and said, "Are the opinions of the five of you unified?"

The five of them looked at each other, and Morris said, "Cheng, what do you mean by this? Of course we have a unified opinion, otherwise how could we ask you to help with this?"

Cheng Yu sighed again, picked up the drink on the table unhurriedly, and took a deep sip.

Then, he continued to stare at Morris, slowly turning his gaze to the other four, one by one, one by one.

Cheng Yu watched each one for more than a minute.

"I don't have a problem with the contract. But since the opinions of the five of you are unanimous, then I would like to stop this contract. ”

The five of them were taken aback and asked eagerly, "Cheng, what's the problem, ...... are you?"

Morris stopped the noise of the others, and he sat down next to him from Cheng Yu.

Lowering his voice, Morris said: "Cheng, what is the clause in the contract that makes you so dissatisfied that you choose to give up signing with us directly?"

Cheng Yu glanced at him and said, "I believe in the deep friendship between you, and at the same time, you have also confirmed that this contract is the unanimous opinion of the five of you."

But how do you ask me to sign such a contract? You give me the funds to take care of, this is business, and it stands to reason that business should not be confused with friendship.

But you're looking for my help right now, am I right?"

Morris nodded vigorously and said, "Of course, Cheng is willing to help us with this, we are grateful." And to be honest, among our friends, you are the only one who has the ability to help me. ”

"I understand that your ideal time frame for the use of this fund is one year.

But, as I said, I happen to need a fund, and if you are willing to give me this money for a year, then I can do it another way, and the money I need, I will find another way.

But the one-year time limit, and the two-year time limit, are used in a completely different way. The reason why I can promise you such a huge return - even in the long term, twice the profit increase, is already a pretty good rate of return.

After all, risk and profit are directly proportional.

There is no risk in your money with me, even if it is Mr. Gates or Mr. Buffett, I don't think they will refuse my investment plan.

And all this is because my planned use of this fund will take at least two years, and it will even be extended.

As I recall, I made it very clear on the phone that the funds would be used for a minimum of two years and no more than two and a half years.

And that's not the case with the time you're giving me in this contract.

For the time you wish, all the profits I can promise are non-existent.

All I can say is that I will treat you the same way I would treat your regular clients, and of course, I will make my staff a little more cautious in the choice of investments to ensure that your profits grow as much as possible.

Of course, you can also ask us to provide an investment report at any time, not to mention a year, even if it is once a month, then there will be absolutely no problem.

And for the sake of the friendship between our classmates and friends, I can also use the authority of my company's CEO to minimize the commission ratio that you need to pay to our company for this fund. ”

After Morris listened, he was very puzzled, he looked at Cheng Yu puzzled, and said, "Cheng, are you mistaken? We just let the law firm draw up the contract according to what you said." The time limit is two years...... Oh, the extension of the matter, maybe it was an omission, I didn't specifically tell the lawyer to add a clause on the extension. But what about the year you're always talking about?"

Cheng Yu frowned, looked at the lawyer, and found that a look of panic flashed in the lawyer's eyes.

At the same time, he observed Morris, but Morris's expression was anxious and confused, without the slightest embarrassment and panic.

He flipped through the contract, found the terms of the time limit for the use of the funds, and said, "Morris, see for yourself." ”

Morris looked at the contract suspiciously, and when he saw that after one year, investors had the right to inquire about the profits generated by the funds, and if they did not reach the 100% annualized rate, they would have the right to unconditionally recover the funds, Morris's face also changed.

"What's going on?" Hawkins and Francis asked at the same time.

Kloten and Anthony looked at each other and didn't say anything.

Cheng Yu probably knew it in his heart.

It seems that Morris, along with Hawkins and Francis, really didn't know that there would be such a clause in the contract.

And Kloten and Anthony know it.

This means that the clauses on this contract were simply added by Kloten and Anthony, or by one of them, and the other is an insider.

So, Cheng Yu said meaningfully: "Perhaps, there are some more clauses in the contract that you have not agreed to, and the new clauses make my conditions for obtaining your funds even harsher than loans." ”

Hawkins and Francis rushed forward, snatched the contract from Morris's hand, and looked at it carefully.

Soon, they threw away the contract and excitedly explained to Cheng Yu.

Especially Francis, the reason why he wanted to hand over this fund to Cheng Yu this time was that Francis was the main factor.

"Cheng, this is by no means what we meant, I think, maybe the law firm, in order to protect our interests to the greatest extent, will add such a formula clause. ”

Cheng Yu shook his head and said, "Francis, we are all studying economics, is such a clause a formula clause?"

Even if it is a loan, there is no such way to calculate interest, right? Compound interest, which was originally extremely complicated, has become the simplest simple interest in this contract.

So, how did you find a law firm that was not professional?

If this is a clause added by the law firm at its own discretion, I think I would be interested in filing a complaint with the law firm.

Such an unprofessional team of lawyers should not exist in a city like Los Angeles at all. ”

The lawyer was anxious when he heard this, and he hurriedly said: "Mr. Cheng, we definitely formulate the contract in strict accordance with the client's requirements. Except for those formulaic clauses in the contract, all the other specific clauses involving you A and B are provided by Party A, and our law firm will never make any changes to such specific clauses. ”

Cheng Yu nodded and said, "Compared with your assurance, Francis, I prefer to believe what this lawyer says."

After all, if he dared to lie on such a question, I think his lawyer's license would no longer belong to him.

Of course, Francis, I'm not saying that you're deliberately playing tricks on me, but going back to our original problem.

Are you, the opinions of the five people, unified?"

Morris understood thoroughly, he stood up angrily, and said, "Okay, now, who can tell me who changed the terms of the contract and ordered the law firm to do it?"

When he said this, Morris's eyes kept falling on Anthony, although there was no evidence, it did not mean that Morris did not count in his heart.

First of all, Anthony was the first to comment on the length of two years.

Secondly, this law firm is a long-term cooperation firm of Anthony's family, and only he can smoothly let the law firm change the terms of the contract when several other people are not present.

By this time, Anthony had nothing to hide.

He slowly stood up and said, "That's right, it's me." ”

Morris, Francis, and Hawkins all looked at him with some anger.

They weren't dissatisfied with Anthony's terms, they all came from merchant families, and everyone knew that each businessman was pursuing his own best interests.

There is nothing wrong with pursuing profits, but businessmen also need to be honest.

Not to mention that Cheng Yu was originally helping them, and at the same time providing quite generous conditions, just to say that they had promised Cheng Yu before, but now they are changing on the spot, this is already a big mistake.

What Anthony is even more excessive is that it is the result agreed upon by the five people, but he uses his own convenience to directly change it.

He didn't even communicate with anyone else, which was a betrayal.

Kloten also stood up at this time, and said with some embarrassment: "I'm sorry, Cheng, I'm sorry, everyone, I also know about this matter." ”

"I'm just trying to protect everyone's interests to a greater extent, and the two-year investment cycle is indeed a bit long.

This matter itself has nothing to do with me, it is Francis's family who needs his funds, not mine.

I want to use the money to make some other investments.

Maybe you think that tripling in two years is a very high rate of return.

Of course, such a rate of return is really good for a company.

But we are learning to invest, we are investors, and the funds in our hands should be placed in investment banks, and we should focus on those start-ups that may bring us dozens of times, hundreds of times, or even thousands of times returns.

If it was just to keep the funds growing rationally, how could we have turned those hundreds of thousands into the current 40 million?

Of course, it's not that I don't want to go with you, so I agreed to give this money to Cheng.

But I also want to get the money back after a year and invest it myself.

Ladies and gentlemen, please note that I am only saying that we have the right to withdraw after the year has come and the profit does not reach 100%, and I am not saying that this will impose any penalty on Cheng.

In other words, a year from now, even if this money is still this money and not a penny has been touched, I will not have any opinion.

And by that time, Francis, your family's predicament had been solved, right?

As for whether you want to keep this money with Cheng or withdraw like me, that's your own decision.

The rest of you are the same.

I'm just hoping to give me the authority to withdraw after a year. ”

Kloten added at this time: "I'm sorry, I know that Anthony's behavior may have hurt the friendship of several of us, so I didn't say anything about it after I found out about it.

I can personally assure you that while I helped Anthony hide it, I don't intend to withdraw after a year.

Actually, I'm quite satisfied with the two-fold profit, and for myself, it's good to be able to reach 10% profit every year. ”

"Your concealment has made Anthony even more damaging to our friendship. Morris said indignantly.

Francis sighed, because it was because of him, because it was not convenient for him to say anything.

Hawkins said excitedly: "What kind of economic environment is the United States in now? Anthony, wake up, we are lucky to be able to make such a big profit this time, do you really think that all our investments can achieve such an effect? Not to mention hundreds of times thousands of times, dozens of times are difficult now." Anthony, you're a fool. ”

Cheng Yu saw that Morris wanted to say something, so he smiled and stopped him.

"Everyone has their own aspirations.

You feel that the general environment is not as good as before, and you want to seek stability, especially when you encounter a project with a very good return on investment, even if it is a long-term project, you are willing to be in it, this is just your way of thinking.

And I can understand Anthony's thoughts, he wants to take the money into his own hands and make investments that he thinks will have a higher return on investment.

He is a man who prefers to trade risk for profit. What I don't understand is just Anthony's approach.

If you have any ideas, since they are different from other people, then you can say it, you don't participate.

I will not stop you from realizing your own ideas.

But you tried to do it in vain, and that is the biggest harm to me. ”

Anthony was anxious when he heard this, and hurriedly said, "Cheng, I didn't mean that......"

Cheng Yu waved his hand again and said, "It's okay, it's not important."

So, apart from Anthony, are the other four of you all in agreement?

Once the funds are transferred to my name, then it will be a maximum of two and a half years, and a minimum of two years.

The return I can promise is at least twice as much after the maximum use time. If the increase is less than two times, our company will cover for you and do not charge any commission.

If the increase is more than two times, it is deemed that the contract conditions have been met.

For every 5% increase in the excess, we increase the commission by 1%.

In other words, the contract conditions are met, and we charge a commission of 5% according to the normal investment contract.

For every $2 million increase in profits, our commission amount will increase by 1% for every $2 million in profits.

After the profit exceeds 300 percent, everything is mine.

As for Anthony's funding, I'm not responsible.

If you are willing to hand over the shares to me, you can trade with Oracle together, or you can contact Oracle yourself. ”

Hearing this, Morris was anxious, and he hurriedly said: "Cheng, don't be like this, Anthony just didn't understand it for a while, let's discuss it again." ”

Cheng Yu smiled and said, "He won't change his mind." Isn't it, Anthony?"

Anthony nodded, and said with a smile: "Morris, you don't have to worry about me, as Cheng said, everyone has their own ambitions, and everyone has their own more suitable path."

If you seek stability, I like the feeling of dying for a lifetime.

So, my shares, I'll contact Oracle myself.

Okay, you move on, it's up to you to decide whether this law firm needs to be used or not.

Cheng, I'm sorry, I'll go first.

If you have time tomorrow and the day after tomorrow, I'd like to have dinner with you alone. ”

Cheng Yu said: "I hope to finalize the contract with Oracle tomorrow, and then I will return to China." You know, the Chinese New Year is coming soon, and I still have a lot of things to deal with. ”

Anthony didn't care whether Cheng Yu didn't want to eat with him, or if he was really in a hurry to return to China.

Shrugging his shoulders, he said, "Okay then, see you next time I get a chance." ”

After that, he got up and left, and Morris and others called him behind, and he didn't look back.

The lawyer looked panicked and said, "Gentlemen, we really made the contract in strict accordance with Mr. Anthony's instructions, and it was he who guaranteed to all our partners that this was your unanimous opinion, so we formulated the contract in this way." Mr. Cheng, don't complain to us about this!"

Cheng Yu smiled and said, "This matter has been clarified, and it is indeed not the responsibility of your law firm." However, I must make it clear that your law firm has also made the mistake of negligence. Anthony said he was unanimous, so why don't you consult separately?"

"Anthony's family has been working with our firm for a long time, and we didn't expect him to dare to lie about such a thing. If Mr. Morris and the others were to be held accountable, Anthony would even be held legally responsible. ”

And Morris and the others, of course, will never pursue anything, they are just a little emotionally frustrated, and feel that they may be more estranged from Anthony in the future.

But just because of this, let them take their friends to court, and they won't do it.

"Let's redo the contract. ”