"President Li, the advertisement is already being filmed. Saying we want to replace someone now, the other party most likely won't agree. If we unilaterally breach the contract, the amount of liquidated damages..." The executive director couldn't help but remind, "I am afraid will be more than the designated amount."
Generally, for this type of endorsement contract, the liquidated damages are ten times the signing fee.
Lillian's endorsement fee is at least several millions. If breached, the company needs to pay the other party ten million in liquidated damages.
Compared to the money lost, there is no need at all to stop Lillian's endorsement advertisement now.
After all, it's just an advertisement and won't affect anything.
"I said to replace, then replace! As for the liquidated damages, pay them from my personal account!" Li Beijue asked impatiently, "Besides the advertisement, what else does she have?"
