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Chapter 460 Negotiation (1)

After serving the dishes, the waiter turned around and left, and the few people sitting in the room ate a little and put their stomachs on. Li Xiuman then spoke up and brought to the topic today, "Xika, you work with Li Yuhaoxi to work on a side job. You should tell the company in advance. You have made the company very passive like this, and I can't explain it to the shareholders."

Li Xiuman is indeed a cunning person. He started to touch Xika. You should know that Xika is still their SM artist now, and her personal portrait rights are still in the hands of the company. As I said, SM company does not oppose Xika's development of its own side business. If it is a small fight, even if Xika and his family open a cafe in Seoul, the company can accept it.

However, Xika opened a chain store and a clothing chain store. The investment was estimated to be hundreds of billions of won, and the specific amount of investment was not accurate. This involves a lot. Xika is carrying the name of "Girls Generation". However, "Girls Generation" is a product of SM, and they have indisputable ownership.

When Xika opens a store, even if she uses her real name, she represents the "Girls' Generation". You should know that "Girls' Generation" has a strong influence and appeal in Asia. They can imagine that Li Yuhao invests a lot of money in it, so that Xika's store will bloom everywhere throughout Asia. Of course, Xika will not be able to sit still at that time.

However, Lee Sooman was also very smart. He started with Sika as a SM, which made Xika lose one moral first. Xika did not say anything about the side business, except for their teammates, even the agent didn't know. If Lee Soo-kyu hadn't told Lee Sooman about this, then when Lee Sooman found out that he was going to open the business.

At that time, the sm wanted to join in and maybe get a pie from it, so he really wanted to break up with Li Yuhao and CJ Entertainment.

When Xika heard Li Xiuman's words, she responded awkwardly, "Teacher, doing a side job in fashion is something I have always longed for. Since we successfully stood at the peak of the girl group, the side job is what I have always thought about. I also tried to shoot TV series in the past, but the effect was." Xika smiled bitterly when she said this. After she participated in the TV series, she realized that she was not suitable for being an actor.

Xika continued to say, "Actually, at the beginning, I didn't think about how big a side job I had. At best, I wanted to open a small store in a place like Linyin Road, where all the fashion clothing and accessories were designed by me. I worked as a designer myself, and my mother helped me see the store. However, when President Li Yuhao said I invested in me, I strengthened my dream. During this period, the company I wanted to go to was very related to, and I had endless work and investigations every day. So when I was busy, I forgot to say to the company. Teacher, representative, I'm sorry."

Li Xiuman sighed deeply, "Oh Xika, if you opened a small shop, I and the company, we would never have any objection. After all, you have spent so many years of youth for the company, and the company still has such a passion. But this time, President Li has invested you too much, and it has exceeded the scope of our tolerance. You also know that SM is now a listed company, with about 10 shareholders of all sizes. Even if I can tolerate you to carry out side jobs, everyone cannot understand it at the board of directors. After all, you are still an artist in our company. You are still the name of Girls' Generation on your head."

Xika really didn't know how to answer Li Xiuman's words at this time. She looked at Li Yuhao for help. It was indeed her name as Girls' Generation, and this name could bring her great benefits without guessing.

After seeing Xika's gaze, Li Yuhao picked up a piece of salmon and put it on Xika's plate. "Don't you like to eat sashimi? Although there is a big difference compared to the tuna we caught ourselves, it is pretty good overall." Li Yuhao picked up food for Xika, which means that she would 'rest', and the next thing was left to him and Li Xiuman to discuss.

Li Yuhao didn't have the intention to be like this with Li Xiuman. He said that he couldn't say anything for a long time. Today I am not talking about feelings, but Li Xiuman is the one who asked Li Yuhao for the share. However, the specific share plan is still needed to be discussed slowly.

"Director Li, we don't have to talk so much about it anymore. It's true that Sika is your SM artist. But she signed a "sell/body contract". So we don't talk about feelings around the bush. We will only have emotions after you can produce something equal to your career. Tell me. How much do you need in your heart? As long as you SM don't think so much like last time."

When Li Xiuman and the other two saw Li Yuhao, they said everything. There was no need to sit here and talk about it. They also got directly into the topic. Kim Young-min said at this time, "All our shareholders of sm unanimously decided that we will not participate in any business, nor do we have the right to vote for any company. We only need 20% of the total profit."

"Hahaha, but the premise is that you invest 100 billion won, I can give you 20% of the profit."

"President Li, you know this is impossible, Sika is in the name of Girls' Generation"

Before Kim Young-min finished speaking, Lee Woo-ho interrupted him first, "Wait for Girls' Generation to endorse two years? What I need is the entire Girls' Generation. If I remember correctly, it will be 1 billion, right? Well, now I only need Xika as the chief designer of my clothing brand and serves as the fashion director. I bought her design chief? Even if Xika is a member of your Girls' Generation, your company cannot say that Xika is not allowed to design clothing, right? Two years before the clothing opened, I invited you Girls' Generation as the image spokesperson for the product. Is this OK?"

Li Yuhao put aside Xika and wanted to set up a clothing company by himself. However, Li Yuhao, as the chief designer of the clothing brand, wanted Li Yuhao, to make Xika a part-time employee of the clothing brand? This Sm has no right to make any comments. As long as she does not affect their Girls' Generation activities, then Sm has no right to prevent Xika from doing part-time or side jobs. As for how much salary Li Yuhao wants to pay to Xika, it is up to him.

So even if sm holds what is included in Xika's brokerage contract, there is no way to stop Li Yuhao and Xika from cooperating. However, Li Yuhao changed his way to put aside sm, so even from a legal perspective, sm has no chance of winning.
Chapter completed!
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