{ "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": 54, "pageCount": 97, "prevPage": 53, "nextPage": 55, "slideType": "appendix", "function": "appendix", "density": "overcrowded", "nDataPoints": 2, "notes": "This appears to be a page from a legal agreement or franchise contract.", "elementsJson": [ "paragraph" ], "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019dd923-622c-750b-8b96-0238cb402647/54", "deckHref": "/decks/019dd923-622c-750b-8b96-0238cb402647", "deckJsonHref": "/decks/019dd923-622c-750b-8b96-0238cb402647.json", "deckAnchorHref": "/decks/019dd923-622c-750b-8b96-0238cb402647#slide-54", "components": [ { "bbox": { "h": 0.05, "w": 0.6, "x": 0.26, "y": 0.09 }, "kind": "paragraph", "text": "4.6 If Party B severely violates national laws or regulations, Party A’s management model or educational concepts, then Party has the right to terminate the agreement, cease all cooperation with Party A.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "3f3b2164-bab4-41c3-b531-742efac19305", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.07, "w": 0.6, "x": 0.26, "y": 0.14 }, "kind": "paragraph", "text": "4.7 In accordance with Party A’s requirement, Party B must have its staff enter into confidentiality agreements, otherwise in the event of a failure to do so shall compensate Party A in the amount of 20,000 rmb.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "6f1ee058-e1f1-4c06-821b-b65152df0846", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.11, "w": 0.6, "x": 0.26, "y": 0.72 }, "kind": "paragraph", "text": "4.11 Party B has established a nationwide monitoring service; consumers (both students and parents) may report problems with the school’s management, instruction, services, etc. to Party A for its review, if a serious issue is found with the instruction or safety, Party A has the right to make a deduction from or confiscate all of the Performance Guarantee Deposit as punishment in accordance with its severity.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "6f80b58e-e49d-45f0-804f-672d5214ed2c", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.15, "w": 0.6, "x": 0.26, "y": 0.51 }, "kind": "paragraph", "text": "4.10 After Party B executes this agreement, Party B must not enter into an agreement with any other third party children’s education or training center for a similar cooperation, and must not independently create any other similar children’s’ education or training center project...", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "a99644e2-f783-43b3-aadf-c2bb2c9348c6", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.08, "w": 0.6, "x": 0.26, "y": 0.25 }, "kind": "paragraph", "text": "4.8 In the event that Party A enters into a contract with a third party other than Party B which covers an identical territory, time period, or scope of operations, then Party A shall pay to Party B 50,000 rmb, and compensate Party B for actual losses and damages.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "d5892899-9bfe-451a-9e0a-47ba920f8307", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.07, "w": 0.6, "x": 0.26, "y": 0.42 }, "kind": "paragraph", "text": "4.9 In the event that Party A is engaged in a breach of contract, such that Party B is unable run a normal educational operation, Party B may terminate the agreement; 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