Re: I am wondering if,...RJ2002... Minister...DISCHINO....
in response to
by
posted on
Dec 04, 2008 07:45AM
You asked...
"but I'm asking if down the road, if EDIG uses a cross licensing agreement to offer a new product in the CE field, if DM has any right to 40% of those revs?"...
If the cross-Licensing agreement is part of the "settlement", as I said, it has some "Value" to be attributed to it. It matters not that the actual implimentation of it may happen some time in the future...
So, LG paid $1.6 Million cash plus cross licensing of their IP. hOW MUCH THAT IS WORTH? $400,000.00? If so you add that to the $1.6 and you get $2 million...
DM deducts 75000 in costs, gets 40% of the remainder, send a check to EDIG for the balance...
There is no "Down the road", DM is not gonna wait to get part of his agreed upon fee down the road...CAPEESH?...Lol...
Gil...