sinovels Chapter 260 Full Employee Stock Ownership Plan, Someone From Corning
Chapter 260 Full Employee Stock Ownership Plan, Someone From Corning
"Sure enough, understanding the law is very important!"
Lu Yi couldn't help but give Lin Qingya a thumbs up.
originally.
A GP like him has 100% control over the company and is jointly and severally liable.
For example.
If the company loses 10 billion, then as a GP, you have to bear the debt of these 100 people.
However, through a plan designed by Lin Qingya, GP was registered as a limited liability company with a registered capital of 1 million.
Once the company has a problem, because the company's registered capital is 1 million, the 10 billion debt will become 1 million.
To describe Lin Qingya’s design in one word, it’s ‘playable in the city’.
Of course.
You can play in the city and you can play in the city, but it is indeed within the framework of the law and is not illegal.
This is how Teacher Ma played in his previous life.
It is said that Mr. Ma spent a lot of legal fees in order to design the "Ali-style partnership system with "five-four-three" degree".
Hearing Lu Yi's sigh, Lin Qingya just smiled.
...
professional!
And obviously.
Lin Qingya herself holds the equity of Future Technology and will also become the GP of Future Technology when the partnership system is implemented. As a GP, she must bear unlimited joint and several liability.
She designed this not only to avoid risks for Lu Yi, but also to avoid risks for herself.
"The 'future technology partnership system' you designed is very good. I'll do it as you wish." Lu Yi said with great satisfaction. He didn't think too much and decided to do it on the spot.
Such a set of new top-level designs is undoubtedly a set of safety valves for the company after it goes public. It can prepare for rainy days in advance and avoid potential problems early on.
It's best if it doesn't happen. Even if it happens, it won't be too nerve-wracking.
"Okay, let me refine some details, such as establishing Lu Dongyou as a 'permanent partner' and an 'honorary partner' and other details." Lin Qingya said.
General partners will lose all rights when they retire or withdraw from the company.
However, a 'permanent partner' will remain a partner until he or she chooses to retire, die, become incapacitated or be removed by election.
Like Ali in the previous life, there were only two permanent partners, one was Teacher Ma and the other was Cai Chongxin.
As the soul of future technology, Lu Yi naturally has the status of a ‘permanent partner’.
As for the 'honorary partner', it is just an honor after the partner retires. He does not enjoy actual rights, but he can receive a part of the bonus pool.
"Okay, after you confirm the final version, show it to me, and then we will hold a board meeting to discuss and vote." Lu Yi said.
Lin Qingya nodded and prepared to leave.
"Qingya, wait a moment."
Lu Yi stopped Lin Qingya.
"Do you have any other explanations from Director Lu?" Lin Qingya asked.
Lu Yi said: “Yes, in order to maintain the vitality of low-level employees in the company, I thought about it and decided to implement an ‘all-employee stock ownership plan’ in the company.
In the previous life, Ali implemented an "all-employee stock ownership plan" from the beginning of the company's establishment.
For an innovative Internet company, innovation driving force is very important.
The development of the Internet is changing with each passing day. In order for future technology to maintain a vigorous development momentum, innovation ability is the most important.
A large part of the source of innovation driving force comes from the middle level or even the bottom level.
If an 'all-employee stock ownership plan' is implemented in the company, it can completely stimulate the creativity of employees and keep future technology alive.
Because the employees know it very well.
They hold shares in the company, and the better the company develops, the more profits they make.
Not only that.
Employees will also be more protective of the company's interests.
If employees don’t have shares, they will think that I am just an ordinary worker. Whether the company is developing well or not, and whether the company’s reputation is good or bad, it has little to do with me. After all, I only receive a small salary every month. .
But it is different if all employees hold shares.
At that time, everything was prosperous and both prosperous and destructive.
In order to safeguard their own interests, employees will also supervise each other and prevent others from doing things that are harmful to the company.
The company’s all-employee stock ownership plan?”
Lin Qingya was stunned when she heard this.
Lu Yi nodded and said: "Yes, it is an all-employee stock ownership plan! Or to be more precise, it is an 'employee equity incentive plan', which is intended to stimulate the enthusiasm and creativity of the company's employees.
At the same time, it is also conducive to safeguarding the company's interests. Of course, employee stock ownership does not have legal personality. "
"OK."
Lin Qingya nodded and accepted the task.
This kind of employee equity incentive plan is not without lessons learned from the past. The most famous one in China is the flower factory where all employees hold shares.
After Lin Qingya left, Lu Yi began to redesign the company's employee promotion channels in his mind.
These matters must be resolved before the company goes public.
...
The time has come to January 9th.
this day.
Lu Yi received an overseas call from Corning CEO Wendell Weeks.
On the phone, Wendell Weeks informed Lu Yi that the inspection team sent by Corning would fly to Sioux City tomorrow.
The two companies have reached a cooperation agreement to establish a joint venture in Sioux City to specialize in the research and development and production of 'King Kong Glass'.
After Lu Yi left North America, Corning was forming a relevant personnel team.
Now we have finally formed a preliminary team to come to Suzhou City to conduct site inspections and other matters.
January 10th.
Lu Yi took Liu Hong and others to Suzhou International Airport to greet Kang Ning and his party.
This time the team was led by a vice president of Corning named Mohammed Hebrew.
Picked up Mohammed Hebrew and his party and sent them to the Hilton Hotel to rest.
January 11th.
Lu Yi, Mohammed Hebrew and others came to the Sioux City Palace to meet with city leaders.
The city government takes this matter very seriously.
Even the city's top leaders showed up, which was quite a show of respect.
Of course.
The leader of the specific talks did not participate, and it was left to the development director to preside over the docking.
The atmosphere of the meeting was quite friendly.
The city government welcomes Corning to invest and build a factory in Sioux City, and said that it will provide the greatest tax concessions and give priority to some procedures in the process of building a factory.
0.6 January 12th.
Accompanied by the development director, Lu Yi, Mohammed Hebrew and others went to see the specific location of the factory.
Kang Ning is quite satisfied with the supportive attitude of the Sioux City government.
In the next few days, Lu Yi no longer accompanied him and left the matter directly to Liu Hong.
And on January 15th.
The city government held a press conference to announce the establishment of a joint venture between Blue Star Electronics and Future Technology.
no doubt.
This matter directly made the front pages of major media newspapers in Sioux City.
This incident has also been widely reported on the Internet.
The Sioux City government has also officially launched the slogan of "Technology City", promoting the joint venture between Future Technology and Corning as a model.
For a while.
Countless netizens on the Internet are talking about it. .