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Message: Dischino

Dischino

posted on Feb 10, 2009 09:36AM


Contingent Fee in the Event of Litigation. In the event that a party refuses or is not asked to license the Norris Patents or any element thereof, and litigation is filed, Duane Morris shall be entitled to the following contingent fees of the total recovery (“Total Contingency Amount”) in each individual case upon the Resolution of the matter:
Upon filing of complaint or counterclaim
40%
in declaratory judgment action
Upon appeal of trial
50%
In the event of any appeal of a judgment in favor of the Company, Duane Morris agrees to handle such appeal. In the event of a judgment entered against the Company that results in no payment to the Company, then Duane Morris has the right in its sole discretion to determine whether it will handle the appeal from such adverse judgment.
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