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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?


To: QCOM_HYPE_TRAIN who wrote (190749)11/19/2024 7:13:52 PM
From: QCOM_HYPE_TRAIN6 Recommendations

Recommended By
abd4b
GR8FORM
Ken Carrillo
Lance Bredvold
Qurious

and 1 more member

  Read Replies (1) | Respond to of 196723
 
I've finally found the counter claims... had to repurchase it off PACER... Minus 6 bucks for me I guess.

Counter Claim 1e.

e. ARM breached the NUVIA ALA by failing to fulfill its termination obligations under [REDACTED];
f. ARM breached the NUVIA TLA by failing to fulfill its termination obligations under [REDACTED];

I suspect these are timely assignment of the ALA to Qualcomm as required by the TLA/ALA or something simliar.

COUNT II (Breach of [REDACTED] of the NUVIA ALA )

278. Defendants incorporate by reference all allegations set forth in the preceding paragraphs 1-47 and 175-277 as though fully set forth herein.
279. The NUVIA ALA was a valid, binding contract.
280. ARM failed to fulfill its termination obligations to NUVIA, as set forth in of the NUVIA ALA, by continuing to use NUVIA Technology and failing to return or destroy NUVIA Confidential Information after termination.
281. As a proximate result of ARM’s breach of contract, Defendants have been damaged in an amount to be proven at trial.

COUNT III (Breach of [REDACTED] of the NUVIA TLA)
282. Defendants incorporate by reference all allegations set forth in the preceding paragraphs 1-47 and 175-281 as though fully set forth herein.
283. The NUVIA TLA was a valid, binding contract.
284. ARM failed to fulfill its termination obligations to NUVIA, as set forth in of the NUVIA TLA, by continuing to use NUVIA Technology and failing to return or destroy NUVIA Confidential Information after termination.
285. As a proximate result of ARM’s breach of contract, Defendants have been damaged in an amount to be proven at trial.

The counts 2 and 3 surround the use of the CMN mesh and NC-Booker which Nuvia asked ARM to develop, and ARM was supposed to discontinue use after terminating the ALA/TLA but shipped it in Neoverse. It's possible that during the in-person meeting they came to some sort of agreement surrounding the license use of that or something?