Any transfer involving five percent of the shares would definitely have to be discussed at a shareholders meeting. The Board of Directors could not decide on such a major equity transfer.
After returning from Lin Qi's place, the Chairman of the Board first convened an emergency Board of Directors meeting. During the meeting, he brought up Lin Qi's request—
An agreement: if Lin Qi could persuade Conner to support ensuring the integrity of the Federal Savings Bank, then the Federal Savings Bank would transfer five percent of its shares to him, along with all associated rights.
If Lin Qi failed to persuade Conner, then he would receive neither shares nor rights, but he would not have to pay anything either.
It was an unequal agreement. On the surface, that was how it appeared, but in reality, it was not as unequal as people imagined.
The Federal Savings Bank's situation could not get any worse, which meant Lin Qi did not have to bear the responsibility for failure.
In other words, even if he failed, it would not change the Federal Savings Bank's outcome. His actions would not add any further risk to what the Federal Savings Bank was already going through.
Naturally, he did not need to pay anything either.
If they wanted him to put up something, five percent of the shares probably would not be enough to satisfy his appetite! Everyone understood this perfectly, so no one was foolish enough to ask questions like, "Why is there no punishment if he fails?" After discussing the matter, the Board members agreed with the Chairman of the Board's position—in other words, they agreed to sign the agreement with Lin Qi.
What they had to do now was wait for the shareholders meeting to be convened and then vote it through...