Attached files
| file | filename |
|---|---|
| 8-K - LIVE FILING - LORAL SPACE & COMMUNICATIONS INC. | htm_50448.htm |
| EX-10.1 - EX-10.1 - LORAL SPACE & COMMUNICATIONS INC. | exhibit1.htm |
| EX-10.2 - EX-10.2 - LORAL SPACE & COMMUNICATIONS INC. | exhibit2.htm |
MDA/Loral Dispute Resolution
(1) Each party agrees to advance one-half of a $100 million settlement payment ($50 million by each of MDA and Loral).
(2) The parties shall submit the dispute over the final division of the $100 million to [redacted] to attempt to mediate and then, if necessary, to arbitrate the dispute.
(3) The arbitrator will first decide the value to SS/L (out of the $100 million) of the covenant not to sue for infringement of the nine patents asserted in Case 1 and Case 2, which portion shall be borne by MDA.
(4) The balance of the $100 million will be allocated equally between Case 1 and Case 2, and the Case 1 portion shall be borne by Loral.
(5) With respect to the Case 2 portion, the arbitrator will decide what (if any) portion shall be borne by Loral.
(6) The parties are free to retain [redacted] and [redacted] if they so choose.
(7) The minimum payment either party will make is 15m.
/s/ Michael Targoff
/s/ Daniel Friedmann
August 14, 2014