Chinese Super hero Novel Chapter 3159 update || Chapter 6565 & 6566 || Chapter 3159: Society is a huge food chain | Wade latest Chapters today's update Free Asian Novels

Chapter 3159 Society is a huge food chain

The board members of Ellis Law Firm had already been waiting in the high-level meeting room of the law firm.

They also knew that Jimmy had established a connection with the Rothschild family, so they did not dare to neglect him. Those who often stayed in New York and those who did not often stayed in New York all came early to wait.

This feeling was very much like a third-rate family in a feudal kingdom, which was not even close to the royal family, but suddenly a beautiful girl was given the title of Changzai by the emperor.

It was as if the whole family finally had someone who could be heard by the emperor. Everyone was looking forward to her being able to perform a "Zhen Huan Zhuan" in the palace, upgrading from Changzai to become the queen, so that the whole family would be glorious.

Even Ellis had the same idea.

His appeasement of Jimmy was only one of the reasons. In his opinion, appeasement of Jimmy was not a problem. The key was how to make Jimmy make greater contributions to Ellis Law Firm after appeasing him.

When the two came to Manhattan and met with all the board members in the meeting room, the whole meeting room burst into thunderous applause. Everyone looked at Jimmy with admiring eyes. The meaning was very clear. From today on, you are the hope of the whole village.

Jimmy looked at these directors who were usually high and mighty, and now were fawning on him in every way, and his heart was filled with emotion. This was the influence of the Rothschild family in the United States, which was enough to make the so-called elite class bow down.

After thunderous applause, Knight Ellis said proudly: "I invited everyone here today to announce my decision in front of everyone, which is to formally nominate Mr. Jimmy Smith as a member of the board of directors of our Ellis Law Firm. The current 11 board members are all on the list, so we will vote on the spot. Please raise your hands if you agree with my nomination."

As soon as the voice fell, the other 10 directors raised their right hands without hesitation. One of them even said impatiently: "Chairman, an employee as contributive as Jimmy should be quickly absorbed into the board of directors. In addition, our option agreement has been prepared for a long time. Let Jimmy sign it quickly."

Knight nodded, took out the contract, and said to Jimmy: "Look, Jimmy, this is the option agreement we have prepared. After research and decision by the board of directors, you will be granted 100,000 options of the company, which is about 3% of the total shares of the company. These options will be redeemed in 5 years. As long as you work here for 5 years, you can hold these options permanently. In addition, as long as you sign this agreement, you will have the right to dividends of 100,000 options. At present, The annual antique dividend is about 200 million US dollars, and the option dividend can be an additional 5 to 6 million US dollars per year. "

Jimmy did not look at the contract, but said very seriously: "The contract can be discussed later. What I want to see now is the black material of all the senior partners of Ellis. You give me all the black material you have, and we will continue to discuss it. Otherwise, just prepare the termination agreement directly."

Everyone looked at each other for a while, but Knight was the first to break the awkwardness and said with a smile: "This is simple. Since Jimmy will soon become a member of the board of directors, these secrets should be shared with him."

After that, he took out an Apple laptop from his briefcase, turned it on, and said to Jimmy, "Since you are one of us, I might as well tell you about our operation mode. We provide a large number of internship opportunities to the top law graduates in the United States every year, in order to select potential talents from them to absorb into our law firm. When talents come in, we will conduct internal rating. Those with excellent potential are S-level, followed by A-level, B-level, C-level and D-level. The admission range is selected between the two levels of S-level and A-level;"

"It often takes a lawyer five to ten years to accumulate experience. If he performs well, we will give him a promotion and a raise. If he performs very well, we will include him in the partnership plan."

"You know the partnership plan very well. It is a salary and option incentive plan. Once he enters the partnership plan, he will become a quasi-partner. We will give him a higher salary and certain options. These options will be gradually redeemed and exercised over five to ten years to bind him to stay in Ellis and create greater surplus value for us."

Jimmy stretched out his hand to interrupt him: "These are all old news. I mainly want to know how the black material part is operated and what specific black material you have on them."

"Okay..." Knight said awkwardly, "Once a partner makes outstanding contributions and is promoted to senior partner, we need to make preparations for the future. Senior partners are very capable and have their own client base. Their appetite will become bigger and bigger. They will ask for a higher option ratio and even ask to join the board of directors as a member of the board of directors. However, our options are also limited. A company's shares are at most 100%. Everyone wants a share, but in the end, the share will be less and less. This will cause a group of senior partners to be dissatisfied. So before they become dissatisfied, we will create a series of opportunities for them to make mistakes;"

"The purpose of our law firm is to let every senior partner make mistakes and leave them with evidence of making mistakes. It's like buying a remote-controlled bomb on them. Whether it explodes or not, or when it explodes, depends entirely on the board of directors."

As he spoke, Knight brainwashed Jimmy again, "Jimmy, don't over-interpret this kind of thing. You will be a member of the board of directors in the future. Then you will know that those senior partners outside are actually tools for us to make money. Only when they do their jobs well and create more profits and value for the law firm can we sit back and relax and get a lot of cash every year. In other words, those people are our cattle and horses. We must tie them up with the best chains to prevent them from running away."

Jimmy nodded and said, "I understand what you said. What I want to see now is the specific black materials of these people."

Knight said, "Don't worry, I will pass all these materials to you now, but Jimmy, you must keep these materials 100% confidential and don't let those people outside know them, otherwise once they want to fight us to the death, it will be a huge loss for us."

As he spoke, Knight sent some documents to Jimmy one after another.

After reading these materials, Jimmy's face became more and more ugly.

Those senior partners who were similar to him on weekdays had actually been induced in various ways in the past few years, leaving a lot of illegal evidence. Almost everyone's black material was enough to send him to prison and sentenced him to more than 5 years. Moreover, once these black materials were exposed, they would not only suffer from imprisonment, but also permanently lose the qualification to continue to be lawyers.

After reading these materials, Jimmy said to Knight: "I am very grateful that you are willing to let me join the board of directors, but I personally think that if it is only 100,000 stock options, it is still much lower than I expected."

Then, Jimmy added: "Moreover, you underestimated my loyalty. You only prepared a 5-year contract for me, but I hope to work for Ellis for another ten years!"

Jimmy now thinks very clearly. Originally, Charlie did not give him a penny and asked him to go to Huaxia to help, which was equivalent to cutting off all his income. He and his family had to live off the mountain, but later Charlie also opened a loophole for himself. He asked Steve to endorse him to ensure that the Ellis Law Firm would continue to pay him salary in the next ten years, and also reserved a 30% share for himself.

In other words, if he wants to make more money in the next 10 years, he must make Ellis' salary base as large as possible, and the larger the better.

It is precisely because of this that he deliberately expressed the idea of continuing to work for Ellis for ten years. Anyway, he can't escape from going to China for ten years, and from a legal point of view, he was sent by Ellis and his salary was also given by Ellis, which means that he will still have an employment relationship with Ellis in the next ten years, so he might as well take this opportunity to use it as a bargaining chip for the transaction.

He went to China this time and saw clearly that this society is a huge food chain. Even people like Steve Rothschild have to be treated as food by Charlie, not to mention a small person like himself.

Therefore, Charlie treats himself as food, and he treats Knight Ellis as food.

Knight heard Jimmy's statement and felt mixed emotions.

The good news is that keeping Jimmy should not be a problem. After all, Jimmy is willing to sign a ten-year contract with the company, so he won't offend Steve Rothschild.

What he was worried about was that Jimmy was not satisfied with the five or six million options dividends per year, which meant that he would have to bleed further.

After thinking for a moment, he said, "Jimmy, let's do this. If you are willing to sign a 10-year agreement with the group, I can increase your options to 150,000 shares."

Jimmy waved his hand and said, "If it doubles from 5 to 10 years, then you have to at least double it for me, 200,000 options, and double the base salary. If you have no problem, you can sign the contract now and I will sign it on the spot. If you have any problems, then we don't need to talk more, just resign and I will leave!"

Knight was extremely depressed when he heard this.

The doubling of options meant that at least 10 million US dollars would be distributed to Jimmy every year. If the base salary doubled again, at least 2 million would be spent. In this way, the money distributed to Jimmy alone would be more than 20 million every year!

At this time, Jimmy was also calculating his future income in his mind. He thought to himself, "If we calculate based on an annual dividend of 200 million US dollars, 200,000 stock options should be able to get 12 million, and the base salary doubled is 4 million US dollars. Add to that my previous option dividends as a senior partner, and after deducting the performance commission, there will be about 18 million US dollars."

"Of this 18 million US dollars, Charlie took 70%, and I got 30%, which is still more than 5 million US dollars, enough for the daily expenses of my family."

Thinking of this, he suddenly realized something, "No! If I take ten senior partners away from Ellis, the core backbone of Ellis will be drained. It will be a question whether it can still make a profit next year. Where will the money be for dividends? In that case, won't there only be a base salary of 4 million US dollars? By then, I will only get 1.2 million a year!"