Foxconn veteran Dai Zhengwu sues Terry Gou to recover more than NT$1 billion in bonuses | Labor standards lawyer explains employment contracts, appointment contracts, bonuses and labor-capital disputes

Dai Zhengwu, a veteran of Jin Honghai, sues Terry Gou to recover more than 1 billion in rewards｜China Television News reporters Shen Lilong and Weng Qianhuang

News link:https://youtu.be/be-17vv61s4?si=CMbcROIopEujVsVU

Dai Zhengwu, a veteran of Hon Hai, was appointed as the president of Sharp in 2016. He also successfully led Sharp from a loss to a profit and returned to the First Section of the TSE. According to print media reports, he and Hon Hai founder Terry Gou signed an "incentive agreement" that year. "Bonus Contract", where bonuses will be given when conditions are met, but now it has been revealed that at the end of the year, Dai Zhengwu sued Hon Hai and Terry Gou, seeking to recover more than 1 billion yuan in bonuses. The mediation process has now been entered, and litigation will only occur after the situation is broken. , As for whether the money can be successfully recovered, it depends on the details of the contract signed by both parties at the time.

Labor law lawyer Li Yusheng said that this case is a labor incident and a labor-management dispute. If a lawsuit is filed directly with the court, the court will first conduct a labor mediation procedure. If the mediation fails, it will enter the court litigation procedure. In addition, the incentive bonus contract was probably signed by then-chairman Terry Gou on behalf of Foxconn. Therefore, the defendants are Terry Gou and Foxconn, and the current chairman will not be named as the defendant. However, the current chairman still has to handle this lawsuit on behalf of Foxconn.

Fuda Law Firm
Line：https://line.me/ti/p/@fdlaw
Tel:0277093611
Facebook:https://www.facebook.com/fudalawyer
website:https://fdlaw.com.tw/
e-mail:info@fdlaw.com.tw