Patriot Scientific

After researching the materiality issue yesterday, IMO, the term "business resolution" was used to emphasize that this was the type of agreement that would take place in the ordinary course of business for PTSC / PDS.  From the SEC requirements on determining whether a contract is material or not with respect to having to file the specifics of the contract:

"If the contract is such as ordinarily accompanies the kind of business conducted by the registrant and its subsidiaries, it will be deemed to have been made in the ordinary course of business and need not be filed"

That's not to say that the money involved is "ordinary" but simply that the license agreements that resolved the litigation were ordinary license agreements typical to PTSC's business.  That's my read on it.