However, brands usually sign spokespersons several months in advance.

Even signing a spokesperson for next year this year.

As long as the current contract is fulfilled in accordance with the endorsement contract, there is no problem.

"Time is indeed a bit tight, but as far as I know, many manufacturers are now competing for the commercials for the third season of "Hurry Up". If we can negotiate, it would be a good idea to sign the two contracts together." The president said seriously.

After thinking about it, I thought this solution was feasible.

Li Changyan smiled and said: "To be honest, if Fang Xing and I hadn't known each other, we wouldn't have been able to negotiate this contract. I just received news this morning that Lan Factory Mobile also wanted the third season of "Hurry Up"

For interstitial ads, the price may go up.”

The high-level meeting did not discuss it for long before the matter was laid before our eyes.

There are too many competitors for the commercials in the third season of "Rush".

If they hadn't cooperated before, Li Changyan wouldn't even be able to find Fang Xing to talk to.

Being able to sign the two contracts together is already the best solution.

Therefore, after the top management made the decision, Li Changyan immediately asked the legal department to start preparing the contract.

…

the other side.

After Fang Xing returned to the company, he also held a meeting and called Zhang Yigao over to make preparations for shooting the commercial.

Although HONOR company has not sent the contract yet, Li Changyan is very sincere.

This contract has a high probability of being successful.

Fang Xing promised that Ark Culture would be responsible for the advertising shooting.

Time is very tight now and we must start preparing the crew to shoot the commercial.

Only halfway through the meeting, the president's assistant walked into the conference room holding a faxed contract and said, "Mr. Fang, the contract from HONOR has been sent over."

Fang Xing stretched out his hand to greet the person in charge of the company's legal department and said, "Go through the contract and ask if you have any questions. If there are no questions, just write back to HONOR."

"Then I'll go back and go over the contract with other legal staff, and I'll get back to Mr. Fang later." The head of the legal department immediately took the contract and went back to the legal department's office to work.

Fang Xing snapped his fingers and asked, "Has the contract been copied?"

The assistant nodded quickly: "Xiao Xu is making copies. I sent the first copy over as soon as I got it. I'll go take a look right away."

The assistant hurried out, quickly brought in the copied contract, and distributed it to the company's senior executives.

Fang Xing opened the contract and looked at it.

The contents of the two contracts are similar to what Li Changyan discussed before.

Fang Xing only needs to look at the general framework of the contract. As for the details, the company's legal affairs department will check it.

More than an hour later, the head of the legal department came back with two contracts.

In the contract, some key terms have been circled in pen.

"Mr. Fang, our legal department has preliminary reviewed the contract. There are no problems with the contract as a whole. There are only a few key clauses that need to be mentioned with Mr. Fang."

Fang Xing waved to him to sit next to him: "Sit down and talk."

After the person in charge of the legal department sat down, he pointed at the circled area with a pen and said: "Mr. Fang, in the advertising contract for the third season of "Hurry Up", there is a clause stating that the advertising short film will be shot by our company and marked

The main actor in the commercial short film is Mr. Fang himself.”

Fang Xing nodded and said, "Li Changyan mentioned this before, and I agree."

The two parties have negotiated an endorsement contract, so Fang Xing, as the spokesperson, appears in a commercial short film, which is a very reasonable request.

The inclusion of this clause in HONOR's contract is just to prevent Ark Culture from randomly grabbing people to shoot because they are in a hurry.

After the person in charge of the legal department finished talking about the contract for the commercial spot in the third season of "Hurry Up", he turned to the endorsement contract and continued:

"Mr. Fang, there is a breach of contract clause in the endorsement contract.

"During the contract, if Party B damages Party A's brand image due to personal reasons, Party B has the right to terminate the contract and demand compensation.

"The amount of compensation is not specified here. If something goes wrong and we demand compensation through litigation, HONOR has the right to demand compensation equal to the contract amount, which is 36 million."

Fang Xing nodded slowly and asked, "Is there any problem with this clause?"

The person in charge of the legal department thought about it and replied: "Strictly speaking, in the past two years, similar contract terms have basically become the standard for endorsement contracts.

"This is also because in the past few years, there have been more celebrities involved in scandals, and many brands have suffered heavy losses.

“Following endorsement contracts will basically add this clause, and some require higher compensation amounts.

"However, just like a lawsuit, the court will calculate the amount of compensation based on the actual situation."

After a pause, the person in charge of the legal department added: "To put it bluntly, the brand side is worried that the spokesperson will get negative news, which is a clause to protect the brand's rights and interests. Nowadays, endorsement contracts of major brands basically have this clause."

"This doesn't matter, is there anything else?"

Fang Xing was not worried about this.

Today's celebrity endorsements, if the celebrity has a scandal and damages the interests of the brand, then it is very reasonable to be required to compensate.

"There is nothing left. The framework of this contract is very loose and there are no major problems. At present, we have only gone through it initially. Our legal department will work overtime tonight and review it carefully again," said the person in charge of the legal department.

"That's it. Send a reply to HONOR and ask them to set up a time to sign the contract." Seeing that there was no problem with the contract, Fang Xing made the decision, and then arranged for Zhang Yigao to prepare the crew for the endorsement commercial.
Chapter completed!