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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15 (d)
OF THE SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (Date of earliest event reported): June 28, 2007
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InterDigital, Inc.
(Exact name of registrant as specified in its charter)
Pennsylvania 1-11152 23-1882087
(State or other (Commission File Number) (IRS Employer
jurisdiction of Identification No.)
incorporation)
781 Third Avenue, King of Prussia, Pennsylvania 19406-1409
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: 610-878-7800
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
|_| Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
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Item 1.01. Entry Into a Material Definitive Agreement.
InterDigital, Inc.'s subsidiary, InterDigital Technology Corporation, has
entered into an Amendment to Patent License Agreement ("Amendment"), effective
as of January 1, 2007 with NEC Corporation ("NEC"). The Amendment modifies the
parties' Narrowband CDMA and Third Generation Patent License Agreement dated
January 15, 2002 ("Agreement"). Under the terms of the Amendment, in exchange
for a gradual reduction in royalty rates applicable to sales of covered products
under the Agreement, the parties have agreed to eliminate NEC's most favored
licensee rights applicable to such products. Under the Amendment, NEC and
InterDigital Technology Corporation also agreed that the Agreement will expire
on December 31, 2015, and in advance of such expiration date, to negotiate the
royalty rates applicable to Narrowband CDMA and Third Generation products for
2016 and thereafter.
InterDigital Technology Corporation and NEC are also parties to a Patent License
Agreement dated May 8, 1995 covering TDMA-based 2G products which remains in
place.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
INTERDIGITAL, INC.
By: /s/ Bruce G. Bernstein
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Bruce G. Bernstein
Chief Intellectual Property and Licensing Officer
Date: July 5, 2007