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Message: Re: ptsc 10k
2
Aug 29, 2011 04:38PM
2
Aug 29, 2011 05:09PM

I expect this has been asked/answered before, but how does anyone allow this clause?

"We agreed with TPL and Moore to indemnify each other for, among other things, any inaccuracy or misrepresentation in any representation or warranty contained in the Master Agreement, any breach of the Master Agreement, certain liabilities relating to the respective interests of each of us in the Microprocessor Patents and the Transactions, and certain tax liabilities."

Does this mean TPL can do pretty much whatever it likes, regardless of any impact on PTSC?

Does it also mean PTSC could sell its own licenses independent of TPL/Moore/Leckrone?


4
Aug 29, 2011 05:28PM

Aug 29, 2011 06:10PM
6
Aug 29, 2011 07:02PM
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