Legal analysis: A star signing a gambling agreement is a written commitment, such as signing it at the end of 20 18, and promising to earn 10 billion for the company in 20 19 years. If by the end of 20 19, the star fails to earn the 10 billion promised at the beginning of the year, and the remaining 20 million will be made up by the star himself. Because in this year, the company gave a lot of resources and help to help the stars achieve the performance promised at the beginning of the year. In the end, the company hopes to make profits and distribute them to shareholders. It can't make the company lose money because the star is incompetent. Of course, if the star didn't achieve the performance index that year, it means that the star's resources and investment will be less in the coming year, or the star's existing resources will be allocated to other artists in the same company.
Legal basis: Civil Code of People's Republic of China (PRC).
Article 577 Where a party fails to perform its contractual obligations or fails to perform its contractual obligations in conformity with the contract, it shall be liable for breach of contract such as continuing to perform, taking remedial measures or compensating for losses.
Article 578 Where a party expressly expresses or shows by his own behavior that he will not perform his contractual obligations, the other party may require him to bear the liability for breach of contract before the time limit for performance expires.