“Regarding the mandatory and health protection clauses for training and schedule arrangements, more specific and binding descriptions need to be added here…”
Lawyer Wang spoke clearly and discussed word by word with Minister Jin and the legal assistant.
Ouyang Guang stared at the contract contents on the screen with a frown on his face, and whispered from time to time.
Now comes the most critical part, the contract term.
"Regarding the contract period," Attorney Wang emphasized with a hint of seriousness in his voice, "According to the information we have learned and the guidelines of the Korea Fair Trade Commission, the standard contract period for Korean members is 7 years. We have no objection to this."
He changed the subject and pointed to the eye-catching clause in the contract: "In view of the special situation of our artists as foreign members, the clause you proposed is: 7 years basic period plus 3 years of overseas activities additional period, a total of 10 years. The necessity of this additional period, the specific implementation details, and the rights and obligations of both parties during the additional period, especially the connection and difference with the basic period, require you to provide a more detailed explanation and a more secure commitment."
There was a brief silence in the conference room.
"This is a standard clause for foreign artists. The standard contract period for Korean members is 7 years, which is in line with the guidelines of the Fair Trade Commission. Since foreign members are involved in more complex cross-border activities, taxation, alternative arrangements for military service (for Koreans), and the company's long-term investment return considerations in overseas markets, this 3-year exclusive overseas activity period is added. This is a common practice in the industry." The legal assistant stated the facts in his tone, but with an unquestionable sense of rules.
Minister Jin obviously anticipated this question and began to explain their reasons: the complexity of overseas markets, the need for long-term investment, and the consideration of the overall team planning... Lawyer Wang argued and tried to obtain more favorable or clearer terms for Ouyang Guang, hoping to shorten the additional period or clarify the exit mechanism during the additional period.
Negotiations were difficult. Ouyangguang sat quietly, listening to the lawyers of both sides arguing. Finally, after repeated consultations and Ouyangguang himself expressing a strong desire to debut.
The company agreed to adjust the length of Ouyang Guang's debut contract to the same seven-year basic contract period as the Korean members. The additional three-year overseas exclusive period clause was deleted.
Lawyer Wang's eyes flashed with a gleam, but his tone remained calm: "Thank you for the company's special consideration, Director Jin. This reflects your company's attention to core talents. However, we need to see this clearly in the contract text and confirm that all words related to "exclusive overseas period" or "automatic renewal" are deleted."
"Of course." Minister Jin picked up the intercom and whispered a few words. Soon, a new contract with key clauses marked and revised was delivered.
Minister Jin personally showed the contract to the video camera: "Lawyer Wang, please take a look. Article 7, 'Contract Term', is indeed 'seven years from the effective date'. The 'Overseas Activities Additional Period' clause and its related references are all deleted."
Lawyer Wang reviewed it word by word, and finally a trace of relief appeared on his tense face: "Confirmed. Thank you Minister Jin for your understanding and the company's sincerity." He turned to Ouyang Guang and his wife, "On the core clause of the term, we have achieved our goal."
The subsequent negotiations on other terms (profit sharing, injury and illness insurance, personal development space, etc.) turned into a professional game between Lawyer Wang and Minister Jin without the smoke of gunpowder but with undercurrents.
Lawyer Wang is experienced and has a sharp eye. He specifically "attacked" several aspects:
The income sharing ratio is tiered and transparent (extremely meager in the early days of debut), termination clauses (sky-high liquidated damages), ownership of portrait rights, music copyrights, restrictions on personal activities, health insurance clauses (especially focusing on injuries), renewal priority... every clause is related to freedom and rights in the next seven years.
The negotiation process was long and stalemate. Minister Kim demonstrated his superb business skills. Finally, after several hours of tug-of-war, a revised seven-year contract was reached.
Core achievements:
The basic contract period is 7 years, without any additional overseas exclusive period.
Greatly strengthened and refined the injury and illness protection clauses (medical care, expense bearing, work stoppage allowance, workload adjustment)
The income sharing structure is optimized (and the proportion of income sharing with personal activities should be transparent), and personal creative space is extremely limited and recognized by being written into the contract.
Other harsh terms (such as high liquidated damages and strict behavioral management) basically remain unchanged. This is the ticket price for entering this industry.
When all the changes were finalized, the final seven-year contract was placed in front of Ouyang Guang.
He looked at the eye-catching "seven years" with mixed feelings. Ten years became seven years, which was not just a simple reduction in numbers. It was a ray of hope that Attorney Wang opened up for him with his professionalism and sharpness, a heavy love that became a support, and a disguised recognition and investment in his "core values" by Minister Jin on behalf of the company.
These seven years also meant that he had to prove all his worth within a shorter "golden period", and the pressure did not ease at all.
He picked up the pen. The pen was slightly cold, but it seemed to weigh a thousand pounds. He glanced at his parents and Lawyer Wang on the screen again. Their eyes were full of encouragement, concern and silent support.
Then he lowered his eyes and lowered his wrist steadily and powerfully.
European sunlight.
Three Chinese characters were clearly and firmly imprinted on the signature column. The sound of the pen tip sliding across the paper was like a deep drumbeat, marking the most important chapter in his life.
Minister Jin accepted the contract, and a rare gentle expression appeared on his face: "SUN, this seven-year contract is the company's trust and expectations of you. I hope that these seven years will be your seven years of glory."
"Thank you, Minister Jin. I will use the stage to prove that the company's decision is correct." Ouyang Guang stood up and Zheng Yu bowed.
His tone was calm and powerful, and his eyes were burning with unquestionable determination.
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