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revlis

07/05/07 5:49 PM

#185140 RE: magillagorilla #185139

magilla,

Great news. NEC understands that the rates it is paying are good rates for NEC. NEC does not need a MFL.

mo
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sinnet14

07/05/07 6:38 PM

#185146 RE: magillagorilla #185139

Summary of 8K:

1. Rate for NEC will decrease, starting from 01/01/07. (how much reduction, no mention). So theoretically NEC will get back some CREDIT for its Q1/07 payment and uses it in future payment.

2. MFL clause will be gone. (IDCC finally got off the last MFL hook. Now free to make any movement.)

3. Expiration date changed to 2015 (will be re-negotiated after 2016) from "till the last day of expiration of the licensed patents" (my memory, correct me if I am wrong).

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spencer

07/05/07 6:55 PM

#185149 RE: magillagorilla #185139

Since this amendment is effective January 1, 2007, Samsung should be unable to make an MFL claim and file a FOURTH arbitration over their 2G obligations. That's good.

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belgian

07/05/07 9:13 PM

#185163 RE: magillagorilla #185139

Thanks for the information, that is hopeful news!
Should see a bounce tomorrow.
Shirley
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Data_Rox

07/06/07 10:43 AM

#185202 RE: magillagorilla #185139

magilla - thanks for posting the 8K....good news for sure....and another board myth is busted R^)