Manufacturing Empire in the Valley

Chapter 854 Another Gambling Agreement

This is a very beneficial choice for both parties, but the means are a bit low, which is why Parker is so angry.

Niu Xiaoqiang had expected that Parker would have such a violent reaction, and he watched Parker lose his temper silently.After Parker accepted the facts, he slowly opened his mouth: "Mr. Parker, this contract does not violate the law. On the contrary, it is protected by law. Therefore, even if you go to the court to sue, it will have no effect at all."

When Parker heard this, Niu Xiaoqiang had a tendency to explode again, and Niu Xiaoqiang hurriedly admitted his mistake: "I admit that my approach is not so glorious, but there is no way to do it. Your Excellency has read the strategic plan I made, and with your Foresight and insight, you should know the reliability of this planning document. I still say that, as long as your bank gives me one year, I promise to repay the loan to you in full, which is very important for us. It’s a win-win thing, you might as well think about it.”

Parker clenched his teeth angrily. If possible, he wished to beat Niu Xiaoqiang violently to relieve the anger in his heart.But this is a very unwise thing. If he really did this, he might go to prison and lose his job.

Think about it, if the bank manager fights against the customer, the influence will be so bad. Citibank can't afford to lose this person. In order to calm the pressure of public opinion, they will definitely give up Parker.

Parker was very unwilling, he chose the next best thing, and wanted to see if he could teach Niu Xiaoqiang, a shameless person, through legal means.

When the bank loaned to Packard Motor Company, it put forward a clear requirement in the contract: Packard Motor Company shall not sell its patented technology without the permission of the bank, otherwise it will be a breach of contract. It will be recognized by law and liquidated damages will be paid.

The reason why Packard accepted other companies' ultra-low quotations for patents at the beginning was because they were strong, and they clearly stated that they would settle the bank and not require Packard to bear liquidated damages.Otherwise, given him a hundred courage, he would not dare to sell the patent.

Pax thought about it, but he still couldn't find a legal basis.The contract Niu Xiaoqiang signed with Hunter Company was not to transfer the patent, but to obtain the exclusive marketing right of the patent.This did not violate the loan agreement that Packard Motor Company signed with the bank. No matter how powerful a lawyer Parker hired, there was no way to win the case.

What he didn't know was that this clause was concocted by a professional named Kailina.He is a law graduate, so how can he leave a loophole?

Seeing Parker's expression changing, Niu Xiaoqiang gritted his teeth at first, with an expression of wanting to kill himself, and then gradually revealed a look of helplessness.He knew that Parker had initially accepted this result, and at this time, he could basically achieve his goal as long as he comforted him with good words.

Thinking of this, Niu Xiaoqiang stood up and bowed sincerely to Parker to apologize: "Mr. Parker, please accept my apology. If there is a way, I will never make things difficult for you. What Packard Motors needs most now is Time, one year is not too long, and the extension of the repayment period is just a matter of your words. Please give Packard Motors a chance, and let us use practical actions to repay your tolerance and generosity. "

Seeing Niu Xiaoqiang apologized to himself again, the anger in Parker's heart disappeared a lot.He sighed deeply, and sat down on the armchair: "Mr. Niu, I have been criticized by my superiors many times because of this loan. If they know that the repayment date will be extended for another year, it must be I won’t agree, you can’t do anything, can I have a way?”

Niu Xiaoqiang saw that Parker began to complain, and knew that the other party had accepted his request, but he felt in a dilemma because he needed to face the accountability of his superiors.

In order to help Parker cope with the pressure from his superiors, Niu Xiaoqiang said kindly: "I have a way to help you relieve the pressure."

Parker was taken aback for a moment, then asked, "What can you do?"

Niu Xiaoqiang smiled sincerely: "The solution is very simple. I can sign a gambling agreement with Citibank on behalf of Packard Motors. If I can't repay the loan of 700 million US dollars after one year, I will put my name on it." All the companies under my name will be compensated to you. Those patents of Packard Motor Company are still worth some money. In addition to the property under my name, not only will your bank not lose money, but it will make a lot of money. Presumably your superiors will not refuse."

Parker asked curiously: "What other companies are under your name?"

"Hunter Company is mine, and Hewlett-Packard Computer Company is also mine. The latter one is nothing, but the former one is completely worth the entire Packard Motor Company."

In order to reassure Parker, Niu Xiaoqiang briefly introduced the situation of Hunter Company.When Parker heard the news that Hunter had the world's leading patented technology for oil extraction machines, his heart was immediately relieved.

Although he is not a professional in the oil extraction machine industry, he is still very clear about the situation in the oil industry.But all industries linked to oil are extremely rich.Since the hunter company's oil extraction machine technology can be recognized by Dezhou Machinery, it means that this technology must be superior, otherwise Dezhou Machinery will not reach a cooperation intention with Hunter Company so quickly.

Parker showed doubts when he thought of this: "Since you own such a promising company, why don't you concentrate on running it instead of taking over the mess of Packard Motor Company?"

Niu Xiaoqiang chuckled: "Because my main goal is the automobile industry, and all other industries serve this goal."

Parker snorted, and after thinking for a moment, he said, "If you can really sign a gambling agreement with me, then the risk of bad debts borne by the bank will not exist, and my superiors should not have any objections. If there is no problem, I will now I can sign the agreement with you."

Niu Xiaoqiang smiled and put forward a new request: "Since it is a gambling agreement, your bank should also undertake certain obligations, otherwise it would be too unfair."

Parker's mood was ups and downs caused by Niu Xiaoqiang. Hearing what Niu Xiaoqiang said, he couldn't help raising his already relaxed mood again: "What obligations do you want us to undertake?"

Niu Xiaoqiang said cheekily: "According to the loan agreement signed between your bank and Packard Automobile Company, the loan will expire in three months, plus this month, Packard Automobile Company will need to repay four more months. Interest, I hope that after the loan agreement expires, your bank will stop charging new interest, these interests are equivalent to the gambling capital of your bank."

(End of this chapter)