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To: jackmore who wrote (146696)11/30/2006 8:31:30 PM
From: quartersawyer  Respond to of 152472
 
I interpreted this to mean Nokia would continue to pay royalties during the extension.

They won't exactly say, but my interpretation is that there actually could be a delay in royalty payments until the extension option is signed, which could be a period of over a year and a half. However, if they sign the extension at any time after April 9, they'll be obligated to the existing 5% standard for a much longer time than other agreements currently in negotiation. They haven't said that the only thing that will remain on the table after April is "the extension", but I think that, among other pressures, may be the threat.

The corollary is that there is a reasonable expectation of somewhat lower royalty numbers in the not too distant future, if litigation and other obnoxious actions are replaced by cooperative efforts... "win-win" stuff.