InterDigital Inc (IDCC)

[spencer]

In fourth quarter 2006, ITC and Sharp entered into an Amendment which extended the term of the PHS/PDC patent license agreement from April 2008 to April 2011. ITC’s PHS/PDC patent license agreement with Sharp is worldwide, non-exclusive, generally nontransferable, royalty-bearing, and convenience-based, covering sales of terminal devices compliant with TDMA-based PHS and PDC Standards.

In fourth quarter 2006, we entered into non-exclusive, worldwide, royalty-bearing, convenience-based, patent license agreements with Inventec Appliances Corp. (Inventec) covering the sale of terminal units and infrastructure compliant with 2G, 2.5G, and 3G Standards by Inventec and all of its Taiwanese subsidiaries.