Since we found out about the "business resolution" that all parties are happy with, I've been thinking about what that could mean. Someone may have already discussed this (I haven't caught up with all of the posts today}, but I thought I would go ahead and throw this out for discussion.
What potential things would TPL/PTSC want from the deal.
1. TPL/PTSC - Money, lump sum and/or royalties.
2. TPL/PTSC - an agreement to ensure that licenses can be obtained from end users of J3 chips, as opposed to the agreement signed with Intel.
3. TPL - an agreement with the J3 to derive business opportunities with IntellaSys that would include sales of IntellaSys products.
4. PTSC - any IntellaSys/J3 agreement would include royalties paid to PTSC for IntellaSys chips sold as part of the agreement.
I suspect that #2 would have been a major sticking point in the negotiations since it is likely that the J3 have indemnification clauses in their contracts with customers. How would they have worked this out to the benefit of all parties, the J3 customers included? Maybe TPL agreed not to require more for licenses than the indemnification amount for all of the J3 customers, which sets the settlement price and might mean that the J3 pays up for all their customers instead of TPL going after them? Just throwing this out -- other ideas welcome (mainly because I don't care for my idea very much).
The latter two items would IMO be more favorable to TPL than PTSC. First, I think TPL would be very open to this type of agreement. Second, I think TPL would be less open to sharing the financial gains of such a business opportunity with PTSC. Personally, I hope no type of arrangement like this is part of the agreement since it seems too "gray" to me.
All speculation, but that's really all we have right now.