Chapter 100: How about, I give each of you five million
[Reached 100 chapters, a little self-celebration]
The agreement reached with Hualiang Distillery was extremely complex and intricate. Both sides' lawyers scrutinized and contemplated every word, addressing any potential ambiguity or loophole.
To distill the main points of the agreement, they are as follows:
One, within a global scope, Liu Shiqing exclusively licensed the use of the wine recipe to Hualiang Distillery. Hualiang paid a one-time usage fee of forty-eight million US dollars (after tax, paid in Huaxia currency), to be cleared within a month.
Two, when Hualiang Distillery uses the formula to produce wine, it can receive a varying percentage of royalties. Specifically, it is twenty-five percent of the price per bottle for the unaltered formula, or twenty-two percent if Hualiang improves the formula.
