Replies to post #33391 on InterDigital Inc (IDCC)

[mschere]

My comment..From the IDCC/NEC 1995 License contract..

18 Dispute Resolution.

(a) Negotiation of Disputes. In the event of any dispute arising under this
Agreement (including, without limitation, failure of the parties to agree
on royalty rates, number of Licensee's products covered by the prepaid
royalties, royalty reductions for patent invalidity, non-coverage,
unenforceability or expiration or most favored license provisions, or other
matters concerning royalty rates), senior executives of the parties with
decision making authority will meet in Wilmington, DE, Tokyo, Japan or such
other city as may be agreeable to the parties as soon as reasonably
possible (but no later than sixty (60) days after notice) and will enter
into good faith negotiations aimed at resolving the dispute. If they are
unable to resolve the dispute in a mutually satisfactory manner within an
additional sixty (60) days, the matter may be submitted to mediation and
arbitration as provided for below.