The Amazing son in law Chapter 6843
Jimmy holds a unique investment philosophy: everything can be an investment, except for money itself.
He believes that if he can earn one million without spending any money, but could potentially earn two million by investing one hundred thousand, he would undoubtedly opt for the first option. This clearly aligns with his character, prioritizing cash over options.
After contemplating this, Knight decided not to linger on the matter. He thought, “Regardless of whether Jimmy prefers cash or options, as long as he commits to a 10-year contract with me, it guarantees his loyalty and prevents him from leaving. With Steve Rothschild supporting him, as long as he remains at Ellis, I can relax! Given the company’s current success, it’s his loss if he’s not interested in options. If he regrets it later, that’s on him.”
With that in mind, Knight readily agreed, saying, “No problem, Jimmy! Since you prefer cash, we’ll proceed as you wish. We’ll sign a 10-year agreement, and I’ll also grant you an extra bonus of 10 million dollars each year to balance it out.”
“You’ve promised to double my base salary, which is 4 million. This means my guaranteed income will be 14 million dollars annually,” Knight stated confidently. “Jimmy, you’re being a bit too cautious.”
He continued, “Your base salary is 4 million, plus 10 million in cash options. If you excel, you’ll earn additional performance and project bonuses. With your talent, hitting 20 million a year should be quite feasible.”
Jimmy humbly shook his head and responded, “I’m well aware of my situation. Let’s set aside the bonuses for now. Just ensure that the 14 million is included in the contract, and I’m ready to sign.”
“Alright!” Knight smiled and replied, “Let’s finalize this quickly. I’ll have someone prepare the contract right away.”
Before they moved on, Jimmy reminded him, “Oh, we haven’t discussed the breach of contract compensation clause yet.”
Knight quickly responded, “Hey, Jimmy, I trust you completely. There’s no need for a breach of contract clause.”
Knight believed that since Jimmy was backed by the Rothschild family, he wouldn’t dare to contest any breach of contract. Instead, he thought it would be better to extend his trust to Jimmy as a gesture of goodwill.
However, Jimmy firmly replied, “Knight, I’m not worried about my own regrets; I’m concerned about what you might regret. What if you decide to terminate our contract early? I need some assurances.”
“That’s out of the question!” Knight quickly reassured him. “Given our relationship and my trust in you, I would never end our contract prematurely.”
Jimmy nodded, saying, “While I trust you, it’s still important to have a written agreement to prevent any future misunderstandings.”
He proposed, “Let’s keep it simple. I only want one clause: if you decide to terminate our partnership before the 10 years are up, you must pay me the total salary and option cash for the entire period in one lump sum. Is that acceptable?”
Knight responded without hesitation, “Don’t worry, that’s absolutely fine! I’ll agree to your terms!”