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IOP Seer

07/27/03 8:29 AM

#38070 RE: ziploc_1 #38069

Ziploc... If there were provisions for a minimum royalty rate, I believe that we would have seen accrurals for this. Maybe one of the accountants can verify.
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3GDollars

07/27/03 10:11 AM

#38072 RE: ziploc_1 #38069

Zip,

There is no minimum royalty stated in the 1999 agreement. Indeed, there is a possibility that we won't be paid at all - I have discussed this with IR before. That's why the Ericy agreement is so important to IDCC, and the 'mandate'.

Yes, the Nokia agreement is not such a great deal for IDCC.