{ "docId": "019dd923-622c-750b-8b96-0238cb402647", "docSlug": "0900eea60013", "documentTitle": "New Oriental Education & Technology Group (EDU)", "authorId": "51_Muddy_Waters", "authorName": "Carson Block", "documentKindSlug": "research-note", "documentKindLabel": "Research note", "sourceTypeSlug": "short_seller", "sourceTypeLabel": "Short seller", "presentationDate": "2012-07-18 00:00:00", "orientation": "portrait", "aspectRatio": 0.7070758, "pageNumber": 45, "pageCount": 97, "prevPage": 44, "nextPage": 46, "slideType": "other", "function": "other", "density": "dense", "nDataPoints": 1, "notes": "This appears to be a page from a legal contract or franchise agreement.", "elementsJson": [ "paragraph" ], "metadataConfidence": 0.9, "imagePath": null, "slideHref": "/slides/019dd923-622c-750b-8b96-0238cb402647/45", "deckHref": "/decks/019dd923-622c-750b-8b96-0238cb402647", "deckJsonHref": "/decks/019dd923-622c-750b-8b96-0238cb402647.json", "deckAnchorHref": "/decks/019dd923-622c-750b-8b96-0238cb402647#slide-45", "components": [ { "bbox": null, "kind": "callout", "text": "The parties to this agreement are separate entities under civil law, between the individual parties no co-investment, agent, employee, contractor, or leasor/leasee relationship exists.", "attrs": null, "subkind": null, "toolName": "Visual emphasis", "toolSlug": "visual-emphasis", "confidence": null, "componentId": "019dd952-e6ec-7186-b7cb-315856bd26b7", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.2, "w": 0.72, "x": 0.14, "y": 0.7 }, "kind": "list", "text": "2. Party A’s Rights and Obligations\n2.1 Cooperation Rights\n2.1.1 Party A authorizes Party B to use the “POP Kids Education System” and “POP Kids English” system courses.\n2.1.2 Party A is responsible for training Party B, and simultaneously for collecting the Trademark License Fee and the Technology Training Support Fee, in accordance with the separate agreements made by the two parties.", "attrs": null, "subkind": "numbered", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "1e11232a-bcec-41b5-a75b-6fc31e149217", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.22, "w": 0.6, "x": 0.26, "y": 0.09 }, "kind": "paragraph", "text": "adhere to the contents of the “POP Kids Education Program VI Visual Identity System (2010 version)”, in the case of circumstances calling for a special use Party B shall make an application to Party A, and only after receiving such permission, may such usage take place, in the event of unauthorized use, then upon discovery Party A has the right to compel Party B to pay a fine of 10,000 RMB, if after one month from the date of discovery the unauthorized use of New Oriental’s VI still continues then Party A has the right to make a complete deduction of the funds remaining in the Performance Guarantee Bond and unilaterally terminate the agreement.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "57ce6c97-894a-4546-8e29-0a5cd0d88133", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03, "w": 0.35, "x": 0.03, "y": 0.51 }, "kind": "paragraph", "text": "1.2 The Cooperative Relationship", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "6e4363bb-cda6-4c7b-8612-1484c9744309", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.22, "w": 0.72, "x": 0.14, "y": 0.26 }, "kind": "paragraph", "text": "1.2.4 Party B may only establish and develop the New Oriental POP Kids English program within the city of ________, if Party B independently develops another training program, Party A may unilaterally and immediately terminate the agreement, and may furthermore confiscate all of the remaining brand use license fees. Party B may not use Party A’s brands, VI, logos, or name or other materials outside of the scope of this agreement or in violation of its rules. Party B is forbidden from transferring all or parts of these brands to a third party; if Party B is found to have such issues, then upon discovery, the two sides shall immediately terminate this agreement, and all of the remaining brand use license fees shall be forfeit.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "7ba00a0c-d514-427b-ba37-317bba1f886d", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.15, "w": 0.6, "x": 0.26, "y": 0.54 }, "kind": "paragraph", "text": "Party B shall have all of the rights for its property, shall have independent legal responsibility, and bear all civil liability. It shall carry out its main business to be self- financing and independently audited. The parties to this agreement are separate entities under civil law, between the individual parties no co-investment, agent, employee, contractor, or leasor/leasee relationship exists. Party B is not the representative of Party A, Party A has no labor relationship to the staff and employees of Party B and has no responsibility or obligations to them.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "9c60e200-38c1-4c1a-93cb-78b1eb6016b5", "frameworkName": null, "frameworkSlug": null }, { "bbox": null, "kind": "quote", "text": "The parties to this agreement are separate entities under civil law, between the individual parties no co-investment, agent, employee, contractor, or leasor/leasee relationship exists. — Legal Agreement Excerpt", "attrs": null, "subkind": null, "toolName": "Authority citation", "toolSlug": "authority-citation", "confidence": null, "componentId": "019dd952-e6ec-7186-b7cb-358e1f0d6770", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [ { "name": "Audience Definition", "slug": "audience-definition", "agent": "Storyteller", "layer": "slide", "matchId": "0b718ad0-37dd-436c-a38e-1514ff85c02f", "evidence": "The parties to this agreement are separate entities under civil law, between the individual parties no co-investment, agent, employee, contractor, or leasor/leasee relationship exists.", "confidence": 0.7 } ], "frameworks": [], "arcBeats": [], "loops": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }