{ "docId": "019dd923-622c-750b-8b95-e976ef3dfa16", "docSlug": "7f8b05d541c7", "documentTitle": "Focus Media Holding Ltd. (FMCN)", "authorId": "51_Muddy_Waters", "authorName": "Carson C. Block", "documentKindSlug": "research-note", "documentKindLabel": "Research note", "sourceTypeSlug": "short_seller", "sourceTypeLabel": "Short seller", "presentationDate": "2011-11-21 00:00:00", "orientation": "portrait", "aspectRatio": 0.7070758, "pageNumber": 75, "pageCount": 80, "prevPage": 74, "nextPage": 76, "slideType": "appendix_disclosure", "function": "cite_precedent", "density": "dense", "nDataPoints": 6, "notes": "This is a legal document excerpt detailing contract terms, payment schedules, and dispute resolution clauses.", "elementsJson": [ "paragraph" ], "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019dd923-622c-750b-8b95-e976ef3dfa16/75", "deckHref": "/decks/019dd923-622c-750b-8b95-e976ef3dfa16", "deckJsonHref": "/decks/019dd923-622c-750b-8b95-e976ef3dfa16.json", "deckAnchorHref": "/decks/019dd923-622c-750b-8b95-e976ef3dfa16#slide-75", "components": [ { "bbox": { "h": 0.05, "w": 0.738, "x": 0.107, "y": 0.215 }, "kind": "paragraph", "text": "Appellant: Shanghai Zongheng Pinyu Advertisement Co., Ltd\nAppellee: Shanghai Xiangxieli Advertisement Co., Ltd,", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "763cb208-9e21-4bff-9c89-e678557c5f14", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.48, "w": 0.786, "x": 0.107, "y": 0.46 }, "kind": "paragraph", "text": "The court of first instance found that there is an Authorization Agreement on Exclusive Operation of Advertisement on Led Advertisement Vessels and Share Buyout Agreement concluded between Zongheng and Xiangxieli on July 22, 2007, with main content as follows: Zongheng grants Xiangxieli with the exclusive right to operate the advertisement business in the Shanghai Huangpu River Project (on-water Led advertisement vessels) and an agreement on the share buyout matters in the next year; within three working days after conclusion and effectiveness of the agreement, Xiangxieli should pay a deposit in the amount of RMB 1 million to Zongheng; August 11, 2007 should be the formal starting date for rental, and within three working days prior to the official starting date for rental, Xiangxieli should pay to Zongheng the advertisement operation transfer fee for the first quarter in the amount of RMB 1.5 million, the advertisement operation transfer fee for each quarter afterwards should be paid within first three working days of each quarter respectively; Zongheng should issue the formal advertisement operation invoice before payment by Xiangxieli; the authorization period for advertisement operation right should be July 23, 2007 until August 11, 2008; if there is any overdue payment by Xiangxieli, 3‰ of arrears should be charged for each overdue date as the late fee apart from the due payment; if Xiangxieli delays payment for 25 days, Zongheng shall be entitled to terminate the contract and the deposit in the amount of RMB 1 million shall not be refunded. After completion of the authorization period, Xiangxieli undertakes to buy out 90% of the shares of Zongheng at the price of RMB 25 million, a separate agreement will be concluded by both parties for detailed buyout matters; the deposit in the amount of RMB 1 million will be used as the deposit for the contract regarding share buyout after completion of the authorization period. After conclusion of the above agreement, Xiangxieli paid RMB 1 million for the deposit on August 1, 2007, RMB 500,000 for the advertisement operation transfer fee on September 7 of the same year, RMB 500,000 for the advertisement operation transfer fee on September 19 of the", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "af94ade5-d32d-4e80-8e86-23566b9452a3", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.018, "w": 0.41, "x": 0.435, "y": 0.18 }, "kind": "paragraph", "text": "(2008) Hu Yi Zhong Min San (Shang) Zhong Zi No. 517", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "b05db328-5130-4c35-9914-c370e4cdde18", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.15, "w": 0.786, "x": 0.107, "y": 0.295 }, "kind": "paragraph", "text": "As for a case regarding operation right transfer contract dispute, the Appellant, Shanghai Zongheng Pinyu Advertisement Co., Ltd (hereinafter referred to as “Zongheng”), was dissatisfied with the civil judgment (2008) Xu Min Er (Shang) Chu Zi No.1587 rendered by Shanghai Xuhui District People’s Court and filed an appeal with this court. After this court accepted this case on November 4, 2008, a collegiate court has been lawfully established. An open hearing was conducted on November 19, 2008. Mao Jie, the attorney entrusted by the Appellant Zongheng, and Shi Quanhong, the attorney entrusted by the Appellee Shanghai Xiangxieli Advertisement Co., Ltd (hereinafter referred to as “Xiangxieli”) attended the litigation. The case now has been decided.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "d166dd45-b242-4aac-af5b-5d9bd3bc2f53", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.035, "w": 0.69, "x": 0.155, "y": 0.125 }, "kind": "title", "text": "PEOPLE’S COURT OF SHANGHAI NO.1 INTERMEDIATE PEOPLE’S COURT CIVIL JUDGMENT", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "1c2f85b0-f78a-40e8-982e-cd13a8cdbce4", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.018, "w": 0.335, "x": 0.107, "y": 0.085 }, "kind": "title", "text": "Appendix H – Zong Heng Pin Yu (Boat)", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "cff0355f-200d-4e57-9f00-dbd44b080426", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [ { "to": 80, "from": 41, "beatId": "29e6e8fd-ab15-4d8a-95c6-622df5c9ca54", "arcName": "Overcoming the Monster", "arcSlug": "overcoming-monster", "beatName": "The Victory", "beatSlug": "overcoming-monster-the-victory", "evidence": "The report concludes with a summary of findings and potential implications", "position": 3, "confidence": 0.8, "parentBeatName": "Turn", "parentBeatSlug": "turn" } ], "loops": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }