– AeDoEo argued that the decision to set a 2-month contract period for Min Hee-jin, the former CEO, to take on the producing duties at NEW JiNS, was simply aligned with the remaining term of the internal directorate, refuting any other implications.
– AeDoEo also stated that it was a matter that could have been addressed through renegotiation in the future, expressing doubts about Min’s decision to issue a statement without consulting AeDoEo’s board and internal deliberations.
– Furthermore, in response to Min’s concerns about the “poison pill provisions,” AeDoEo explained that these are considered minimal safeguards included in the delegation contract. AeDoEo also clarified that the non-compete clause for 1 year post-retirement would apply to all executives under the Hive label.
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