InterDigital Inc (IDCC)

[Sammdogg]

L shay then spoke about Corporaye Goverence and how IDCC was ahead of the curve
Gary Issacs from Human Resources spoke about compensation. Discussed RSU vs. options and how management is alligned with shareholders because of performanced based incentives. Required minimum levelof ownership for management team Harry has to and already owns 4 times his salary. Others have to be 1,2,or 3 times.

Q&A nuggets
Kiernan: 3G mobile has been a foges. Buy Sanyo phones BTW."
Harry: "All economic discussions have a non-disclosure agreement before even beginning."

Howard: "The term economic can mean a lot of things depending on the situation. Economic is a meaningful phrase. It is a milestone."

Merritt(In response to is NEC pissed off that LG isn't paying): "We're vigilant. These companies don't like to see us." IMO, he sounded like Bush saying he's gonna get the terrorists.

Merritt(On Sanyo) : "R. Fagan is working out the number details." " This agreement fits in with our goal of building CDMA2000 lisences."

Harry on Sanyo: "It's complicated how the money gets reported. We're working on it."

Howard: "We're doing well in terms of the rates we're getting. We've been exceeding our earlier goals.

Harry(in response to LU fast track time frame): "It won't be Ericcson. A fair prediction will be under 2 years."


Howard: (My paraphrase:)We're being more selective about which patents to file and where we file them. We're going to target certain areas and file patents there,


Okat that's pretty much it. There were others there who will fill this in later.