Company: IDCC
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0001193125-25-097149
Chunk: 59

Company: InterDigital, Inc.
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 59
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 for 2024 was determined as follows: 45

Corporate Performance Goals.For 2024, the corporate performance goals for the company’s executives and the relative weights assigned to each were as follows with a maximum payout of 200% of target:

| 2024 STIP Corporate Performance Goals: |     |                                                                                         |     |                                                                                                                    |     |                                                                                                                                                                                                                     |
| Performance                            
 Measure (relative weight)              |     | Description                                                                             |     | Goal/Objectives                                                                                                    |     | Determination of Payout Level                                                                                                                                                                                       |
| Total Revenue (60%)                    |     | Achieve specified amount of recognized revenue as reported in our financial statements* |     | Target is estimated recognized revenue as reported in 2024 financial statements   Threshold = $460M Target = $560M |     | Minimum threshold set, below which would yield 0% achievement   Each $1 million above threshold equals 0.5% achievement up to target; each $1 million achievement above target equals 0.5% achievement above target |
| Innovation (30%)                       |     | Patent filings                                                                          |     | Patent filings – meet or exceed specified number of first patent filings   Target = 800 first patent filings       |     | Achievement based on % of target filings                                                                                                                                                                            |
| Evolution (10%)                        |     | Execute Human Capital initiatives                                                       |     | Execute Human Capital initiatives with focus on Cultural Transformation                                            |     | Bonus element pays out if specific, pre-defined strategic accomplishments are achieved                                                                                                                              |

| * | Excludes catch up revenue from Samsung TV Agreement. |

These corporate performance goals were structured to challenge and motivate executives and intended to align the executive team around a key set of company performance objectives. The goals further our long-term strategy to be a leading innovator, designer and developer of fundamental, horizontal technologies and to receive fair compensation from the companies that implement our patented innovations in their products and services across licensing programs. We want to grow our licensing revenue, grow and enhance our worldwide patent portfolio and execute on human capital initiatives. Our goal is to foster an environment where employees feel valued, respected and challenged in order to enable our workforce to continue to contribute to the company’s growth and sustained success. Samsung TV Agreement.In January 2024, we signed a patent license agreement with Samsung Electronics (the “Samsung TV Agreement”) that resulted in approximately $160 million of catch-up revenues in 2024, accounting for approximately 50% of our year-over-year revenue growth in 2024. The terms of the Samsung