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Watts Watt

08/21/15 2:05 PM

#75312 RE: Out The Window #75310

The revised contract between Visser and LQMT states that no royalties are payable to LQMT for any of the business that VPC generates. This was the tradeoff for Visser giving up its exclusivity of manufacture so that LQMT could manufacture or sub-contract to other manufacturers.

This is how Visser can best LQMT in any bidding contest.