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Patriot Scientific Reports Profitable Quarter; Q3 FY '08 Net Income $6.3 Million or $0.02 Basic and Diluted Earnings Per Share.
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Re: Section 4.1 of the license agreement....moxa
Patriot Scientific
almost 12 years ago
1
in response to JimmyBond's message

Yes I believe it is a lump sum, but why go to the trouble of creating clauses that define ongoing royalty agreements, have them signed, and then simply delete them in an addendum. Why not just eliminate them from the agreement in the first place.

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moxa1
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