Chapter 848 VAM Agreement
Niu Xiaoqiang said: " Your words are reasonable, because of this, I will seize this opportunity to take the initiative to invest in your company, but then again, I do not necessarily have to get involved in the U.S. automobile manufacturing industry, I can rely on China's low labor costs to produce in China, and then export the produced cars to the United States, even if the cost of tariffs is abandoned, I believe that my goods still have a great price advantage in the face of American counterparts, so my needs are not so urgent, for me there are many choices, but for you is not so, your needs are much more urgent than mine, so I think you should make appropriate concessions. ”
Packard had long seen that Niu Xiaoqiang was not so easy to deal with, and when he heard Niu Xiaoqiang's words so sharp at this moment, he couldn't help frowning, and after thinking for a while, he spoke: "Then according to what you mean, how much concession should I make to be appropriate?"
Niu Xiaoqiang stretched out two fingers: "If Your Excellency reduces the shareholding ratio to 20%, I think it is the most appropriate choice." ”
Packard immediately shook his head: "This is absolutely not good, my concessions are too great." ”
Niu Xiaoqiang had long expected that Packard would not agree, so he leaned his head forward and said in a very deep voice: " You don't think that 20% of the shares are too low, to tell you the truth, I am not a person who likes to make small troubles, once I invest in your company, I am confident that in the next two years to turn your company from negative assets to positive assets, and then in the next three years, let your company become a large company with assets of more than 100 million, it only takes five years to make your company from a negative to a rich man with a net worth of more than 20 million US dollars, which is definitely a super high return for you. ”
Tracy was dumbfounded, she didn't expect Niu Xiaoqiang to say such a thing, and couldn't help but interject: "Mr. Niu, the automobile manufacturing industry in the United States is not as beautiful as you imagined, the three major automobile groups have carved up the market, unless it is a super company with the same strength like Honda or Toyota, there is no way to snatch the cake from them." ”
Tracy's subconscious meaning is very clear: you only have a small car factory under your name, and you are not even qualified to talk directly to people in the face of those behemoths, where do you have the confidence to say such things?
Niu Xiaoqiang didn't want to publicize his confidence too much, because even if he said too much, it would be equivalent to empty words in the eyes of others. I saw him look at Tracy with a smile: "Miss Tracy, if you doubt my ability, we can talk about business in another way." ”
Tracy wondered, "In what other way?"
Niu Xiaoqiang replied very seriously: "It's very simple, I can sign a VAM agreement with your company, and write all the conditions I just said into clear terms, as long as I don't do it, I can give up all the shares, and help you repay all the loans owed to the bank, if I do it, Mr. Packard can only own 15% of the company's shares, I don't know what the two of you think?"
VAM agreements are legally recognized in the United States, as long as the content of the VAM does not violate laws and regulations. Niu Xiaoqiang reduced Packard's shareholding to 15 percent when he made a bet, mainly because if he failed, he would lose all of Packard's shares. Since he has taken such a big risk, of course he has to get more benefits, otherwise what else is there to gamble?
Hearing this, Tracy looked at Packard: "I think we can bet with him, if we win, at least we can eliminate the debt owed to the bank, and if we lose, we will only lose five million dollars worth of shares, no matter what, we will not suffer." ”
This is not child's play after all, Packard hesitated for a moment. Niu Xiaoqiang stopped talking, looked at Packard quietly, and let the other party think.
After pondering for a while, Packard turned to look at Linda, "Linda, what do you think about this?"
Linda glanced at Tracy: "I agree with Tracy's opinion, anyway, you won't suffer whether you win or lose, in that case, it's better to gamble." ”
As soon as Packard saw that Linda said the same, he no longer hesitated, and nodded at Niu Xiaoqiang: "Okay, I accept your proposal, let's sign a gambling agreement." ”
Although Niu Xiaoqiang was very happy, he seemed very calm on the surface: "Then sign the agreement." ”
Tracy printed out the gambling agreement on the spot, listing all Niu Xiaoqiang's conditions. In order to prevent Niu Xiaoqiang from cheating, she also added such a clause: Niu Xiaoqiang must not use direct capital injection to complete the gambling contract, and must complete the task through normal business operations, otherwise Niu Xiaoqiang will be judged to lose the gambling contract.
In order to ensure impartiality, both parties agree to hire a professional accounting firm to conduct the verification at that time, and the winner will be determined based on the results of the accounting firm's verification.
Within the agreed five-year period, Niu Xiaoqiang will have the highest decision-making power of Packard Automobile Company, and Packard has no right to interfere with Niu Xiaoqiang's business behavior. Of course, the premise is that Niu Xiaoqiang is not allowed to sell the company's shares, nor does he get the label that the company owns.
After the contract was printed, Packard and Niu Xiaoqiang signed their names. Linda was invited to be a witness to both sides and also signed.
The contract is in duplicate, one for each party. When he finished signing, Niu Xiaoqiang was completely relieved.
He grinned, "Mr. Packard, you have made a wise choice, and time will tell." ”
Packard smiled wryly, "I hope so." ”
Niu Xiaoqiang put the VAM agreement in his pocket and said: "I am now the nominal largest shareholder of the company, I should be able to understand the company's patented technology, right?"
Packard is a relatively simple person, he has no resistance, and smiled: "No problem, I'll take you to the laboratory to have a look." ”
Linda then stood up, and asked in a low voice when she went out, "Xiaoqiang, can we talk about the modified car later?"
Niu Xiaoqiang's need for money is more urgent, and he naturally doesn't want to miss the opportunity to make money, so he immediately nodded: "No problem, I'll talk to you in detail later." ”
Led by Packard, Niu Xiaoqiang walked into the laboratory located at the back of the workshop.
This laboratory covers an area of more than 500 square meters, and the space is very large, and there are many kinds of equipment that Niu Xiaoqiang has never seen before.
What makes Niu Xiaoqiang feel strange is that although there is a lot of equipment here, there are very few scientific researchers. Niu Xiaoqiang looked left and right, and only saw four people who were busy working.