"Lawyer Zhang, let me ask a question."
He looked at Zhang Qingxue,
"What if after Wang An takes the permanent ownership of the IP, Henglong won't be the lead investor in the next round of financing? Aren't we just drawing water from a bamboo basket and getting nothing?"
Zhang Qingxue is obviously well prepared for this problem.
"The risk mentioned by Mr. Shen does exist. Therefore, the order of operations is very important."
She opened the legal documents,
"The IP transfer agreement and the letter of intent to lead the next round of financing must be signed simultaneously.
Henglong can set a precondition clause in the IP transfer agreement--this agreement will take effect from the date Bubble Mary and Henglong sign a letter of intent to lead the next round of financing.
Two documents, signed on the same day, will take effect on the same day.
If Wang An wants to get the IP, he must also commit to the next round of financing and let Henglong lead the investment."
Shen Jue's brows relaxed, he nodded, and didn't ask any more questions.
Zhao Chen's eyes swept over everyone's face one by one.
No one raised any objections. Even Chen Wei, who originally proposed the "walking on two legs" plan, was nodding his head at this moment.
She looked at Zhang Qingxue without any displeasure at being rebutted, but with a kind of appreciation.
"Aunt Zhang," Zhao Chen finally spoke, "When did you start thinking about this plan?"
Zhang Qingxue lowered his eyes slightly and spoke calmly.
"On the plane from Beijing back to Shan City.
When Wang An proposed additional issuance and exchange of shares, I vaguely felt that simply bargaining on the share ratio was not the optimal solution.
Wang An is not a person who can be persuaded on price. He takes soft rather than hard. The more generous Henglong is, the more he will make up for it elsewhere.
I went through the entire transaction structure in my head twice on the plane, and it was almost ready when I landed."
Zhao Chen picked up the tea cup and took a sip.
The tea was already cold. Su Wantang stood up from the back seat to change it for him. He waved his hand and drank the herbal tea in the cup.
"Execute according to the plan of Lawyer Zhang."
He put down the tea cup and concluded,
"IP transfer, 1.50 shares. Henglong will not counter-offer.
In the next round of financing, Henglong led the investment and held more than 30% of the shares after the investment, giving up Voting Rights.
Board of Directors has two seats, Zhang Qingxue and Chen Wei. The anti-dilution clause is written into Investment Agreement."
He paused.
"In addition, Long Xiangsheng, Wang Xin's Side, and Henglong came forward to coordinate.
The chain of ownership of the IP must be fully clarified before it is transferred to Bubble Mart.
Director Sun's reminder is very important - the IP given by Henglong to Wang An must be a clean Copyright without any legal risks.
This is Henglong's sincerity and also Henglong's bottom line."
Chen Xi quickly recorded the resolution on his laptop.
Liu Mingyu opened the resolution document Board of Directors and began to draft the official text.
Shen Jue suddenly spoke.
"Zhao Zong, I have one more thing to say."
Zhao Chen looked at him.
"Today's Board of Directors, my biggest gain is not deciding how to deal with the IP."
Shen Jue's voice is not high, but very serious.
"I saw that Henglong's decision-making team was able to deduce, refute, and revise step by step from an imperfect initial plan in such a short period of time, and finally found an answer that everyone felt was 'right'.
Lawyer Zhang overturned Mr. Chen's plan, but Mr. Chen did not have any resistance and instead approved Lawyer Zhang's judgment.
This culture is more valuable than any transaction itself."
She stood up and bowed slightly to everyone in Meeting Room.
"Henglong is blessed to have you all as shareholders."
Zhao Chen did not answer this question.
He stood up and picked up the folder on the table.
"The meeting is dismissed."
The directors filed out.
Chen Wei walked to Zhang Qingxue and whispered something. Zhang Qingxue smiled, and the two walked out Meeting Room side by side.
Shen Jue stood at the door waiting for Zhao Chen. It seemed that he still had something to say, but when he saw that Su Wantang had already walked to Zhao Chen, he nodded slightly and left first.
Meeting Room is once again the only one left with Zhao Chen and Su Wantang.
Su Wantang took away the empty tea cup in front of him and replaced it with a new cup of hot tea.
"Aunt Zhang This plan is better than you originally thought." She said softly.
Zhao Chen picked up the teacup and blew the tea leaves floating on the rim of the cup.
"Not only is it better than I imagined. I didn't think in that direction at all.
I only think about how to maximize the value of the IP, but Aunt Zhang is thinking about how to maximize the probability of a transaction being completed.
These are two completely different ways of thinking."
He took a sip of tea and looked out the window at the intersection of Two Rivers.
"A good decision-making mechanism is not to let the smartest person have the final say, but to allow people with different information and different perspectives to finish what they have to say.
Then the most suitable plan will emerge on its own."
Su Wantang looked at him and was silent for a while.
"Wang An, when will we talk?"
"After Aunt Zhang has sorted out the IP ownership chain, Long Xiangsheng and Wang Xin's Side have coordinated, and then make an appointment with Wang An."
Zhao Chen Put down the teacup,
"In order for Henglong to go to the table, the cards in his hand must be sorted out first. We cannot let Wang An feel that Henglong is exchanging his shares for an IP with unclear property rights."
Su Wantang nodded and wrote it down.
A few days after the end of Board of Directors, the cooperation between Zhang Qingxue and Chen Xi has been running like gears that mesh accurately.
Wang Xin's Side gave a preliminary reply and agreed to sit down and talk about the transfer of Mololoy Copyright, which will take place in early December.
Long Xiangsheng is more happy. Labobo's global license was bought out by Henglong from him. As long as the transfer procedures are in compliance with the procedures, he has no objection.
Zhao Chen nodded after listening to Zhang Qingxue's report in the office.
"This time I go to Beijing to talk to Wang An. You take the lead and Chen Xi cooperates."
He closed the folder in front of him and said, "The IP ownership chain, transfer agreement, and letter of intent to lead the investment were all signed simultaneously. When I'm at United States, call me anytime."
Zhang Qingxue responded, hesitated for a moment, and then spoke:
"Xiao Chen, SpaceX, don't you need legal help to accompany you?"
"Yes, but there is Lawyer Lin over there. But Bubble Mary needs you more here."
Zhao Chen stood up and walked to Floor-to-Ceiling Window. The morning light of Jiangbeizui was coming up from Two Rivers Confluence.
"Wang An is a thoughtful person. Henglong sends a Legal Director and a capital general manager to talk to him at the same time. He will feel valued.
If he only goes to one, he will feel that Henglong is perfunctory with him."
Zhang Qingxue said nothing more.
She has followed Zhao Chen for so long and knows that his judgment is rarely wrong.
The itinerary was thus decided.
Zhao Chen's original plan was to fly United States with Zhang Qingxue.
SpaceX's invitation involves multi-layered offshore structures and cross-border legal issues, so it would be much safer to have legal personnel accompanying it.
But Bubble Mary's contract negotiation time ran into trouble, and Zhang Qingxue must stay in the country to cooperate with Chen Xi.
Chen Wei offered to accompany him, but Henglong Real Estate's inventory destocking task at the end of the year was the most critical time, so Zhao Chen did not agree.
In the end, he only brought Su Wantang with him.