InterDigital Inc (IDCC)

[The Count]

Dagrinch - NOK rates

It seems that the rate for 3G from Nok was previously determined, but the accrued royalties (from 01/02) for 3G were not payable until the 2G rate was established, which then determined the overall rate....whew!

My understanding was that a 2G contract established 2G rates, and a qualified 3G contract established 3G rates for Nokia. I hope I am wrong and that Nokia is on the hook for 3G now and going forward. Can anyone confirm what Dagrinch said. That would put the settlement in a whole different light to me, assuming the 3G rate is at least .25%.