Replies to post #199734 on InterDigital Inc (IDCC)

[JimLur]

plumear

This is from the August 16, 2006 8-K:

The time-based RSUs, which were scheduled to vest on January 1, 2008, were
exchanged for RSUs that will vest, if at all, on January 15, 2008 based on the
attainment of pre-determined performance goals involving the completion of 3G
agreements having certain values and benefits to the Company. If less than 80%
performance of the target goal is achieved, participants will receive no payout.
If performance meets or exceeds 150% of the target goal, the payout will be
three times the number of RSUs exchanged. The remaining 50% of the time-based
vesting RSUs which were previously granted to the persons identified above under
the Company's Long Term Compensation Program remain unchanged.