EXHIBIT 10.82

InterDigital Group/LGE Execution Copy (01-18-06)

Confidential & Proprietary

CONFIDENTIAL PORTIONS OF THIS DOCUMENT HAVE BEEN REDACTED AND

FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION

Wireless Patent License Agreement

Between

InterDigital Group

And

LG Electronics Inc.

Dated and Effective as of January 1, 2006 (“Effective Date”)

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PATENT LICENSE AGREEMENT

THIS IS A PATENT LICENSE AGREEMENT (the “Agreement”), dated as of January 1,
2006 (the “Effective Date”), between InterDigital Technology Corporation, a
Delaware corporation having a mailing address of 3411 Silverside Road, Concord
Plaza, Wilmington, Delaware 19810, Tantivy Communications, Inc., a Delaware
corporation having a mailing address of 3411 Silverside Road, Concord Plaza,
Wilmington, Delaware 19810, and IPR Licensing, Inc., a Delaware corporation
having a mailing address of 3411 Silverside Road, Concord Plaza, Wilmington,
Delaware 19810 (individually and together, the “InterDigital Group”), and LG
Electronics Inc. (“Licensee”), a Korean corporation, having a mailing address of
LG Twin Towers, 20, Yeouido-dong, Yeongdeungpo-gu, Seoul, Korea 150-721.

PREAMBLE

InterDigital Group represents that it owns and has the right to license the
Licensed Patents and is willing to grant a worldwide, non-exclusive license
under the Licensed Patents on the terms set forth below. Licensee desires to
obtain such a license.

NOW, THEREFORE, in consideration of the mutual promises contained herein the
parties agree as follows:

ARTICLE I - DEFINITIONS

 

1.1   “AAA” means the American Arbitration Association. 1.2   “AAA International
Rules” means the AAA’s then current ICDR International Arbitration Rules. 1.3  
“Additional Sales” represents the number of Licensed Terminal Units to be Sold
on or after the Acquisition Date and during the remainder of the Term of this
Agreement (on a quarter by quarter basis) that would be attributable to a
Terminal Unit Business that was Acquired by Licensee or a Licensee Affiliate on
or after the Effective Date, as opposed to ordinary, organic Sales growth by
Licensee and its Affiliates (other than Acquired Terminal Unit Businesses).
Additional Sales, with respect to an Acquired Terminal Unit Business, shall be
calculated as the [***]. 1.4   “Action” means any legal or administrative action
anywhere in the world seeking to invalidate, render unenforceable, or limit or
construe the scope of any Licensed Patent that take place between January 1,
2006 and December 31, 2010. 1.5   “Affiliate” means a legal entity that is
controlled by a party to this Agreement or is more than fifty percent (50%)
owned, directly or indirectly, by a party. Such legal entity shall constitute an
Affiliate of the party only so long as the ownership or control exists. IDCC
shall not constitute an Affiliate of InterDigital Group.

 

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1.6   “Acquire” or “Acquisition” means the acquisition (direct or indirect) of
the control of an entity or the acquisition (direct or indirect) of more than
fifty percent (50%) of the ownership of the business, stock, or assets of an
entity. 1.7   “Acquisition Date” means the date on which Licensee or any of its
Affiliates Acquires a Terminal Unit Business. 1.8   “Arbitration Panel” means a
panel of three (3) arbitrators, all of whom shall be admitted to practice law in
at least one jurisdiction in the United States, and at least two of whom shall
have substantial experience in the field of intellectual property litigation or
intellectual property licensing. 1.9   “IDCC” means InterDigital Communications
Corporation, having an office at 781 Third Avenue, King of Prussia, PA 19406.
1.10   “GSM Licensed Terminal Unit” means a Terminal Unit designed to operate
substantially in accordance with GSM, GPRS, or EDGE, each as amended from time
to time, and no other standard or specification for CDMA- and TDMA -based
communications systems. 1.11   “Infrastructure Equipment” means mobile switching
centers, radio network controllers, service nodes, Node B’s, base stations,
radio resource management devices and software, base station controllers,
digital transceivers, digital channel cards, and software necessary to operate
the aforementioned devices (including software maintenance agreements) whether
sold as individual items or bundled as an integrated product, which are used to
interconnect a Terminal Unit to a public or private data or voice network
(whether wired or unwired), including the Internet. 1.12   “Knock-Down Unit”
means a substantially complete Licensed Terminal Unit sold to a third party in a
partially assembled or disassembled form for final manufacturing, packaging,
sale and distribution. 1.13   “Licensed cdma2000 Infrastructure” means
Infrastructure Equipment designed to operate substantially in accordance with
CDMA2000 [including 1x, EV-DV, EV-DO], as amended from time to time, and no
other standard or specification for CDMA- and TDMA -based communications
systems. 1.14   “Licensed Patents” mean all currently issued patents, and
patents that issue from applications filed prior to or during the Term of this
Agreement, including patents issuing from divisionals, continuations, and
continuations-in-part of such applications, and reissue and reexamination
patents thereof, which InterDigital Group or any of their Affiliates at any time
during the Term owns (including ownership as a result of acquisition). 1.15  
“Licensed Standards” mean the following PHS, PDC, iDen, GSM, GPRS, EDGE,
IS-54/136, DECT, TETRA, W-CDMA (FDD and TDD), TDSCDMA, CDMA2000 [including 1x,
EV-DV, EV-DO], and similar standards adopted on a regional basis (e.g. ARIB
FDD), each as amended from time to time. TIA/EIA 95 shall not constitute a
Licensed Standard.

 

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1.16   “Licensed Business” means an entity other than Licensee or its then
current Affiliates which is involved in the design, development, manufacture,
distribution or sale of Licensed Terminal Units, which is licensed to Sell
Licensed Terminal Units by InterDigital Group as a whole. 1.17   “Licensed
Terminal Units” means Terminal Units designed to operate substantially in
accordance with at least one of Licensed Standards. 1.18   “Licensee” means LG
Electronics Inc. 1.19   “Licensee Patents” mean all currently issued patents,
and patents that issue from applications filed prior to or during the Term of
the license, including patents issuing from divisionals, continuations, and
continuations-in-part of such applications, and reissue and reexamination
patents thereof, for which Licensee or any of its Affiliates at any time during
the Term owns (including ownership as a result of acquisition). 1.20   “Market
Factor” means an [***]. 1.21   “Market Share” means the world-wide market share
for an entity Selling Licensed Terminal Units, as reported in the then most
recent Strategy Analytics (or other agreed to) report. 1.22   “Net Selling
Price” means the amount actually invoiced to the customer for a Licensed
Terminal Unit (including battery and charger), excluding the amount shown on the
invoice for the actual cost of packing, insurance, shipping and handling,
applicable import, export and excise duties and sales tax (including VAT added
by Licensee to the completed Licensed Terminal Unit), and reduced by, returns,
price protection credits, and trade discounts given to the customer in the
normal course of business. To the extent the Net Selling Price relating to any
Sale is subsidized by additional consideration, the fact that the customer is a
related party, or otherwise, the Net Selling Price shall be adjusted upwards to
an amount that would have been charged in the absence of such factors. 1.23  
“Related Companies” means Affiliates of, parent companies of, and companies
under common control with InterDigital Group. 1.24   “Sale” means the first sale
made on an arms-length basis to an entity other than an Affiliate. A warranty
replacement shall not constitute a Sale. 1.25   “Sell” means the act of making a
Sale. 1.26   “Term” means the term of this Agreement, as set forth in Section
4.1. 1.27   “Terminal Unit” means an end-user terminal device, whether fixed,
mobile, vehicular, portable, or hand-held, having RF transmit and/or RF receive
capabilities, which device is designed for wireless voice and/or data
communications. An end-user terminal device includes without limitation
handsets, Wireless Modules, wireless-enabled PDAs and computers, communication
cards (e.g., PCMCIA card), and Knock-Down Units.

 

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1.28    “Terminal Unit Business” means an entity other than Licensee or its then
current Affiliates which is involved in the design, development, manufacture,
distribution or sale of Licensed Terminal Units, which Terminal Unit Business
has a [***] at the time of its Acquisition by Licensee or an Affiliate of
Licensee. 1.29    “Unlicensed Sale” means a Sale of a Licensed Terminal Unit
without (or outside of the scope of) a license granted by InterDigital Group.
1.30    “Unlicensed Terminal Unit Business” means a Terminal Unit Business that
is not licensed to Sell Licensed Terminal Units by InterDigital Technology
Corporation or InterDigital Group as a whole. 1.31    “Wireless Module” means a
device that is a fully integrated wireless communications product, including all
required ASICs, which is sold to a third party for physical integration into
other devices such as handsets, vending machines, computers, laptop computers,
sensing/telemetry applications, motor vehicles and fixed wireless telephone
systems.

ARTICLE II - LICENSE GRANT & NON-ASSERTS

 

2.1 Grant. To the extent Licensee has paid each installment of the License Fee
as set forth in Section 3.1 herein and all royalties as set forth in Sections
3.3 and 3.4 herein (to the extent applicable) and provided Licensee is otherwise
not in default under this Agreement, InterDigital Group hereby grants to
Licensee and its Affiliates a non-exclusive, non-transferable, worldwide,
royalty-bearing license under the Licensed Patents to develop, design, make,
have made (to the extent substantially designed by Licensee or its Affiliates),
use, import, sell, and otherwise distribute Licensed Terminal Units, alone but
not in combination with other third party equipment, including the right to
procure components therefore. In addition, provided Licensee is not in default
under this Agreement at the end of the Term, Licensee shall be fully paid-up
under and for the life of the Licensed Patents as to GSM Licensed Terminal Units
only at the end of the Term.

 

2.2 Limitations on License Grant. The license granted under Section 2.1 above
excludes Sales of Terminal Units by an Acquired Unlicensed Terminal Unit
Business prior to its Acquisition Date and Additional Sales, in each case, where
Licensee elects to treat any of such Sales as Unlicensed Sales. This license
grant also excludes the right to grant sublicenses. In addition, notwithstanding
anything to the contrary, the Section 2.1 license grant shall not include any
license, express or implied, to develop, design, make, have made, use, import,
sell, and otherwise distribute components covered by the Licensed Patents,
except to the extent that such components are used solely to manufacture
Licensed Terminal Units licensed hereunder and which are Sold by Licensee and
its Affiliates.

 

2.3 Licensee Non-Assert. Licensee hereby covenants not to sue InterDigital
Group, their Related Companies, and/or each of their customers for infringement
under the Licensee Patents but only with

 

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respect to products developed, designed, manufactured, have manufactured (to the
extent substantially designed by InterDigital Group and/or its Related
companies), used, imported, sold, or otherwise distributed by InterDigital Group
and their Related Companies. In the event a customer of either InterDigital
Group or any of the Related Companies sues Licensee or its Affiliates for patent
infringement, this covenant not to sue shall cease to apply as to such customer.
This covenant not to sue shall survive any sale or transfer of the Licensee
Patents to another entity. In addition, this covenant shall (i) not apply to any
Related Company which is not a Related Company as of the Effective Date if such
new Related Company has a [***] as of the date that such entity becomes a
Related Company, or (ii) cease as to any Related Company who sues Licensee or
its Affiliates and/or any of their customers for patent infringement.

 

2.4 InterDigital Group Non-Assert. Provided Licensee is not in default under
this Agreement, InterDigital Group hereby covenants not to sue Licensee and/or
its Affiliates for infringement of the Licensed Patents for the development,
design, manufacture, having manufactured (to the extent substantially designed
by Licensee and/or its Affiliates), use, importation, Sale, or other
distribution of up to (but not exceeding) an aggregate of [***] of Licensed
cdma2000 Infrastructure (inclusive of Sales prior to the Effective Date), but
only if all of such activities occur in [***]. For the avoidance of doubt, this
non-assert does not extend to the [***] or its activities regardless of whether
such joint venture qualifies as an Affiliate hereunder.

ARTICLE III – LICENSE FEE AND ADDITIONAL ROYALTY

 

3.1 License Fee. In consideration for the license, non-assert, and release
granted herein, Licensee shall pay to InterDigital Group a non-refundable
license fee of Two Hundred and Eighty Five Million Dollars (US$285,000,000.00),
as set forth below:

 

Installment

   Payment Due Date

US$95 Million

   Within 30 days of execution of this Agreement

US$95 Million

   [***], 2007

US$95 Million

   [***], 2008

 

3.2 Release. In further consideration of the irrevocable and non-refundable,
upfront payments of the License Fee set forth in Section 3.1 above, effective
upon payment of the first installment of such License Fee, and contingent upon
actual and timely payment of the second and third installments of such License
Fee, InterDigital Group fully, finally, and irrevocably releases Licensee, its
Affiliates and their customers from any and all claims from infringement of the
Licensed Patents, which claims have been made, or which might be made at any
time, with respect to any Licensed Terminal Units manufactured, used, leased,
Sold or otherwise transferred by or for Licensee before the Effective Date of
this Agreement. Notwithstanding the foregoing, this release shall be irrevocable
and the payment contingency will not be effective if InterDigital Group
terminates this Agreement prior to all Licensee Fee payment due dates, unless
the termination is for non-payment of any License Fee installment.

 

3.3 Acquisition of Unlicensed Terminal Unit Businesses.

A. In the event Licensee or any of Licensee’s Affiliates Acquires an Unlicensed
Terminal Unit

 

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Business, Licensee shall, within sixty (60) days of the Acquisition Date, notify
InterDigital Group: (i) that the Acquisition has occurred and identify the
Unlicensed Terminal Unit Business and the general nature of the Acquisition,
(ii) of the [***], providing supporting documentation together with such
notification and such other information that InterDigital Group may subsequently
reasonably request, (iii) of Licensee’s calculation of the [***], providing
supporting documentation with such notification and such other information that
InterDigital Group may subsequently reasonably request, (iv) whether or not
Licensee elects to treat the Sales of Licensed Terminal Units by the Unlicensed
Terminal Unit Business prior to the Acquisition Date as Unlicensed Sales, and
(v) whether or not Licensee elects to treat Additional Sales with respect to the
Unlicensed Terminal Unit Business as Unlicensed Sales.

B. If Licensee elects to treat the Sales of Licensed Terminal Units by the
Unlicensed Terminal Unit Business prior to the Acquisition Date as Unlicensed
Sales or fails to make the election set forth in Section 3.3A(iv) above, then
such Unlicensed Sales shall remain Unlicensed Sales and be treated as
unreleased.

C. If Licensee elects to treat the Additional Sales as Unlicensed Sales or fails
to make the election set forth in Section 3.3A(v) above, then such Unlicensed
Sales shall continue to be treated as Unlicensed Sales. To determine which of
the Licensed Terminal Units Sold after the Acquisition Date constitute
Unlicensed Sales, the Additional Sales shall be [***]. For example, if
Additional Sales are calculated to be [***], then the Additional Sales shall be
[***].

D. If Licensee elects not to treat the Sales of Licensed Terminal Units by the
Unlicensed Terminal Unit Business prior to the Acquisition Date as Unlicensed
Sales, as set forth in Section 3.3A above, then Licensee shall, within ninety
(90) days of the Acquisition Date, pay to InterDigital Group a non-refundable
royalty of [***] of each such Licensed Terminal Unit Sold, anywhere in the
world, prior to the Acquisition Date. Thereafter, such Licensed Terminal Units
shall be subject to the Section 2.1 license grant.

E. If Licensee elects not to treat the Additional Sales as Unlicensed Sales, as
set forth in Section 3.3A above, then Licensee shall pay to InterDigital Group a
non-refundable royalty of [***] of the Licensee’s Licensed Terminal Units Sold,
anywhere in the world, [***]. Average Net Selling Price shall be calculated
[***]. (For example, with respect to a particular calendar quarter, if the
average Net Selling Price for all of Licensee’s and its Affiliates’ sales of
[***], Licensee shall pay a quarterly royalty of [***].)

3.4 Acquisition of Licensed Businesses

A. If, and to the extent, Licensee or a Licensee Affiliate Acquires a Licensed
Business, (i) the Licensed Business’ then-existing patent license agreement
shall continue to apply to the extent that such agreement provides for the
continuation of that agreement following such an Acquisition, and (ii) the terms
of this Agreement, including without limitation Sections 3.3 and 3.4B, shall
apply as to Licensed Terminal Units not covered under the entity’s then-existing
agreement.

B. In the event the Licensed Business Sold Licensed Terminal Units not covered
under its then-existing agreement, such Licensed Terminal Units shall be treated
in the same manner as Sales of Licensed Terminal Units by an Unlicensed Terminal
Unit Business prior to the Acquisition Date are to be treated. In particular,
Licensee will follow the terms and procedures set forth in Section 3.4 above,
including the notifications and election as to whether or not to treat such
Licensed Terminal Units as Unlicensed Terminal Units and, to the extent required
above, to pay the additional [***] royalty to InterDigital Group.

 

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3.5 Payments. All payments owed and/or made under this Article III shall be
unconditional, irrevocable and non-refundable.

ARTICLE IV - TERM/TERMINATION

 

4.1 Term. The term of this Agreement shall commence on the Effective Date and
terminate on December 31, 2010, unless sooner terminated as provided herein.

 

4.2 Termination for Default. This Agreement may be terminated by either party,
upon thirty (30) days prior written notice, if the other party is in breach of
any of its material obligations hereunder and the breach is not remedied within
sixty (60) days of being notified of the breach in writing. Material obligations
of Licensee shall include, but shall not be limited to, its royalty reporting
obligations (but only to the extent any such report is more than fifteen
(15) days late), audit obligations, and payment obligations (with respect to
royalty payments only, only to the extent any such payment is more than fifteen
(15) days late). In the event of a termination of this Agreement by either party
under this Section Licensee shall pay Licensor all amounts accruing hereunder up
until the termination date (including, without limitation, License Fee
installments and/or royalties on Sales up until the termination date).

 

4.3 Adverse Actions. During the Term of this Agreement, in the event Licensee or
any of its Affiliates desires to actively participate as an adverse party in, or
otherwise provides material support to, any Action, it will so notify
InterDigital Group in writing. Within sixty (60) days of InterDigital Group
receiving such written notice, senior level executives of the parties will meet
in Wilmington, Delaware or other mutually agreed upon location and periodically
thereafter for a period of not less than one (1) year from the date of the
initial senior level meeting to discuss how and why Licensee or its Affiliate
intends to participate, in such Action. During these meetings, Licensee agrees
to provide its arguments and documentation in support thereof as to why Licensee
or its Affiliate believes that the Licensed Patents may be invalid and/or
unenforceable, and/or how and why the scope of the Patents should be limited or
construed. The parties may agree to another location for their meeting. In the
event Licensee or any of its Affiliates actively participates as an adverse
party in, or otherwise provides material support to, any Action, unless all
claims of all Licensed Patents involved in the Action have been declared
invalid, Licensee must pay all of Licensor’s costs associated with the Action,
including without limitation travel and attorney’s fees. In addition, if
Licensee or one or more of its Affiliates institutes or actively participates as
an adverse party in, or otherwise provides material support to, any Action, all
License Fee payments shall become immediately due and payable and InterDigital
Group shall have the right to immediately terminate this Agreement, in whole or
in part.

ARTICLE V - DISPUTE RESOLUTION

 

5.1 Negotiation of Disputes. In the event of a dispute arising under this
Agreement, senior level executives of the parties will meet in Wilmington,
Delaware as soon as reasonably possible (but not later than sixty (60) days
after written notice of a dispute) and will enter into good faith negotiations
aimed at resolving

 

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the dispute. The parties may agree to another location for their meeting. If the
parties are unable to resolve the dispute in a mutually satisfactory manner
within an additional sixty (60) days from the date of the senior level meeting,
the matter may be submitted to arbitration by either party as provided for in
Section 5.2 hereof. A dispute concerning the validity, scope, enforceability, or
infringement of a patent or a patent claim shall not constitute a part of the
arbitration.

 

5.2 Arbitration of Disputes. If a dispute arising under this Agreement has not
been resolved by the non-binding procedures set forth in Section 5.1 within the
time periods provided, either party may submit the dispute to arbitration
administered by the AAA under its AAA International Rules and as set forth in
this Section. The arbitration proceeding shall take place in Washington, D.C.,
in English, before the Arbitration Panel. The arbitration shall be commenced and
conducted as follows:

 

a) The parties shall request that the arbitrators conduct the arbitration
proceeding in an expedited fashion in order to complete the proceeding and
render a written decision as soon as reasonably possible in light of the nature
of the claims, but in no event later than one (1) year of the date upon which
the Arbitration Panel was formed under the AAA International Rules. The parties
shall use their best efforts to cooperate with the arbitrators to complete the
proceeding and render a decision within such one (1) year period. Permitted
discovery under sub-part e) hereof and times set in any scheduling order shall
be limited to achieve a decision within the one year period.

 

b) The Arbitration Panel shall not under any circumstance consolidate, join or
otherwise combine the arbitration proceeding with any other proceeding or party.

 

c) The arbitration proceedings shall be governed by this Agreement, by the AAA
International Rules, by the procedural arbitration law of the site of the
arbitration, and by the United Nations Convention on the Recognition and
Enforcement of Foreign Arbitral Awards. The Arbitration Panel shall determine
the matters at issue in the dispute in accordance with the substantive law of
the State of New York without regard to conflicts of law principles. The
Arbitration Panel shall decide the issues submitted as arbitrators at law only
and shall base its award, and any interim awards, upon the terms of this
Agreement and the laws of the State of New York. The Arbitration Panel has no
power to reform this Agreement except as provided under Section 6.13 herein.

 

d) The Arbitration Panel shall take into account applicable principles of legal
privilege and related protections, including the confidentiality of
attorney-client communications and attorney-work product. No party or witness
shall be required to waive any privilege recognized at law. The Arbitration
Panel shall issue orders as reasonably necessary to protect the confidentiality
of proprietary information, trade secrets, and other sensitive information
disclosed.

 

e) The Arbitration Panel shall have the exclusive authority to permit requests
for the production of relevant documents, including confidential discovery to
the extent required by a party in order to establish its case. The Arbitration
Panel may order the conduct of the deposition of, or the propounding of
interrogatories to, such persons who may possess information relevant to the
determination of the claims. The Arbitration Panel shall decide any dispute
regarding such requests for discovery or the adequacy of a discovery response by
any party. The parties will be entitled to present direct, cross, and re-direct
examination at the hearing.

 

f) The award of the Arbitration Panel shall be final and binding and a party may
seek enforcement of the award in any court of competent jurisdiction. The award
of the Arbitration Panel shall clearly set forth the specific dollar amount(s),
if any, payable by Licensee under the award. Any monetary award shall be payable
in U.S. dollars, free of any tax, offset or other deduction. The award and any
determination of the arbitration shall be confidential to the parties and shall
be binding solely on the parties.

 

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g) While dispute resolution proceedings are pending, Licensee shall continue to
timely pay InterDigital Group the Licensee Fee set forth in Section 3.1
irrespective of whether payment of such fee is in dispute. In addition, Licensee
shall continue to timely pay InterDigital Group any other undisputed amounts
accruing hereunder, including undisputed royalties due under Section 3.3 or 3.4.
In the event of an underpayment of or failure to pay amounts due under this
Agreement, Licensee shall promptly pay any underpayment together with interest
at the compounded annual rate of [***] from the dates the payments were due
under the terms of this Agreement. If an underpayment in excess of the [***] is
awarded by an Arbitration Panel, Licensee shall also pay the cost of the
arbitration. In the event the Arbitration Panel awards InterDigital Group a
monetary amount, Licensee shall pay such amount to InterDigital Group within the
time period set forth in the award (or if no time period is set, within thirty
(30) days of the date of the award), regardless of any appeals. Furthermore, in
the event the Arbitration Panel awards InterDigital Group a monetary amount and
Licensee fails to pay such amount to InterDigital Group within the time period
set forth in the award (or if no time period is set, within thirty (30) days of
the date of the award), regardless of any appeals, InterDigital Group may
immediately terminate this Agreement, in whole or in part, without resorting to
an additional arbitration proceeding to effect the termination.

ARTICLE VI - MISCELLANEOUS

 

6.1 Payments. Payments made pursuant to Sections 3.1, 3.3D (directly and
indirectly through Section 3.4B), and 5.2 shall be made by wire transfer in U.S.
dollars on or before the dates specified in such Sections. Payments made
pursuant to Article 3.3E and 3.4A (directly and indirectly through Section 3.4B)
shall be made by wire transfer in U.S. dollars on a quarterly basis within
forty-five (45) days of the end of the preceding quarterly period. InterDigital
Group shall provide wire transfer instructions in writing as amended from time
to time.

 

6.2 Currency Conversion. United States Dollar ($US) denominated Sales shall be
reported as transacted. Other currency denominated Sales shall be reported based
on the mathematical average foreign currency to $U.S. conversion rate applicable
during the period over which Sales are being reported, using the currency
exchange rates given in the Wall Street Journal – Currency Trading, Exchange
Rates section (or other agreed to source).

 

6.3 Royalty Reports. Licensee shall be required to provide InterDigital Group
with reports in the event royalties are required to be paid under Sections 3.3
and/or 3.4. Within forty-five (45) days after the end of each calendar quarter,
Licensee shall submit a final written report certified by the Chief Financial
Officer (or other responsible officer) of Licensee, setting forth the quantity
of each type of Licensed Terminal Unit(s) Sold and additional information
sufficient to determine the royalties due for such Licensed Terminal Unit. Such
reports shall be submitted regardless of whether any payment is due. All such
reports shall be held in confidence by InterDigital Group. A sample royalty
report setting forth categories of information required to be provided will be
provided by InterDigital Group prior to the due date for filing of such reports.

 

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6.4 Taxes. All payments paid under this Agreement shall be net of taxes, except
that, in the event that any payments under this Agreement are subject to [***],
provided that Licensee promptly obtains and transmits to InterDigital Group the
proper tax certificate evidencing the payments of such tax. In no event shall
LGE be responsible for any of InterDigital Group’s United States income taxes.
Licensee will cooperate with InterDigital Group in the event InterDigital Group
applies for relief (e.g., exemption) from such source withholding tax with the
Korean tax authorities.

 

6.5 Confidentiality. Unless otherwise required by law or court or arbitral
order, the parties shall maintain as strictly confidential this License
Agreement and any proprietary information disclosed under, or as a result of the
negotiation of, this License Agreement. Notwithstanding the foregoing, IDCC and
Licensee shall each have the right to publish and distribute a press release
announcing the execution of this License Agreement. Such press release shall
contain the names of the parties, the scope and fields of the license, the
license duration, and any other information necessary to satisfy SEC, NASDAQ or
other requirements. Each party shall have the opportunity for advance review and
comment of the other party’s press release, which comments shall not be
unreasonably withheld or delayed. Notwithstanding the foregoing, the parties
agree that InterDigital Group or its Related Companies may (a) provide this
Agreement or the contents thereof in confidence, to other licensees to the
extent required by most favored licensee clauses, (b) issue a public statement
regarding the fact of the execution of this License Agreement for the Licensed
Standards or (c) provide any other information necessary to satisfy SEC, NASDAQ
or other requirements, which other information shall be subject to advance
review and comment by Licensee, which comments shall not be unreasonably
withheld or delayed.

 

6.6 Acknowledgment. The license fee and royalties specified in this Agreement
are being adopted as a matter of mutual convenience to the parties, regardless
of which of the Licensed Patents may be involved, and are freely accepted by the
parties to this Agreement as a reasonable license fee and/or royalty for
Licensed Terminal Units and for the privilege provided Licensee to operate under
any or all of the Licensed Patents, as provided herein.

 

6.7 Licensee Identification on Licensed Terminal Units. Upon the request of
InterDigital Group, Licensee shall affix and shall cause its Affiliates to affix
on all product packaging or instructions (or if practicable, the product itself)
a label indicating that the products are manufactured or sold under license from
InterDigital Group. InterDigital Group may designate certain Licensed Patents
for inclusion on such label.

 

6.8 Audit. Licensee shall (and shall cause its Affiliates to) keep books and
records (including, without limitation, electronic files) adequate to accurately
determine any royalties due under Sections 3.3 and/or 3.4 of this Agreement. The
books and records must be retained for at least five (5) years after the
delivery of the royalty report to which they relate. InterDigital Group shall
have the right, no more often than once per calendar year, to inspect during
regular business hours all relevant books and records of Licensee and its
Affiliates on seven (7) business days prior notice. InterDigital Group shall
conduct the audit using an independent certified public accountant that has
signed an appropriate and reasonable nondisclosure agreement with Licensee. The
auditor shall determine on behalf of InterDigital Group the accuracy of the
reports and payments required under this Agreement. In the event of an
underpayment of royalties, Licensee shall promptly pay any underpayment together
with interest at the compounded annual rate of [***]. If an underpayment in
excess of [***] is discovered, Licensee shall also pay the cost of the audit.
All information obtained through such audit shall be held in confidence by
InterDigital Group except as necessary to enforce this agreement.

 

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*** Confidential material which has been omitted and filed separately with the
Securities and Exchange Commission.

 

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Confidential & Proprietary

 

6.9 Governing Law/Venue. The validity and interpretation of this Agreement shall
be governed by New York law, without regard to conflict of laws principles. The
parties irrevocably consent to exclusive jurisdiction of the state and federal
courts in the State of New York. Process shall be deemed sufficient if served on
either party by courier service or recognized mail delivery service (e.g. U.S.
Mail), postage prepaid, certified or registered, return receipt requested, and
addressed as indicated on page 1 of this Agreement. The parties hereby waive any
objection as to the sufficiency of the method of service, if service is made as
set forth herein.

 

6.10 Limited Warranty. InterDigital Group represents and warrants that it has
the right to license the Licensed Patents. InterDigital Group makes no other
representation or warranty with regard to the validity of the Licensed Patents
or the ability of Licensee to use, manufacture, have manufactured or sell
Licensed Terminal Units free of infringement of third party intellectual
property rights. InterDigital Group shall have no obligation to maintain or
prosecute Licensed Patents.

 

6.11 Affiliate Performance. Licensee shall be responsible for all actions
required of its Affiliates hereunder and shall be liable to InterDigital Group
for any adverse action or failure to perform by Affiliates of Licensee
hereunder.

 

6.12 Waivers. The failure of any party to insist upon the performance of any of
the terms or conditions of this Agreement or to exercise any right hereunder,
shall not be construed as a waiver or relinquishment of the future performance
of any such term or condition.

 

6.13 Severability. The provisions of this Agreement shall be severable, and if
any of them are held invalid or unenforceable, then that provision shall be
construed to the maximum extent permitted by law. The invalidity or
unenforceability of one provision shall not necessarily affect any other.

 

6.14 No Set-off. Licensee agrees and acknowledges that it has no right to, and
shall not attempt to, set off amounts claimed to be owed based on any claim that
it has or may have in the future against InterDigital Group or any of its
Related Companies against amounts owed hereunder.

 

6.15 Notices. All notices or other communications required or permitted under
this Agreement shall be in writing and shall be delivered by personal delivery,
or a qualified international delivery service addressed as indicated on page 1
of this Agreement, with copy by facsimile. Facsimiles shall be sent to Licensee
at +82 2 3777 5151, marked Attn. Executive Vice President of Intellectual
Property Center and to InterDigital Group at (302) 478-7352 with copy to
InterDigital Communications Corporation, Attn. General Patent Counsel at
(610) 878-7843. All such notices shall be deemed delivered at the time of
delivery, except a facsimile shall be deemed delivered at the time of
acknowledgment of delivery.

 

6.16 Limitation. Nothing in this Agreement shall be construed as: (a) an
agreement to bring or prosecute actions against third-party infringers of the
Licensed Patents; (b) conferring any license or right under any patent other
than the Licensed Patents; or (c) conferring any right to use the Licensed
Patents outside the field of use defined by the license grant of this Agreement.

 

6.17 Personal Agreement. This Agreement is personal to Licensee and may not be
assigned or transferred, nor may any license granted hereunder be assigned or
transferred, whether by operation of law or otherwise, and any attempt to make
any such assignment or transfer shall be null and void; provided, however, this
Agreement may be transferred in connection with the sale of all or substantially
all of the business or assets of Licensee to which this Agreement relates. If
Licensee remains a separate entity after such acquisition, then the acquiring
entity shall continue to pay the license fee installments, at the sole
discretion of InterDigital Group, either (a) under the terms of this Agreement
or (b) under the terms of any license agreement between InterDigital Group and
the acquiring entity that may apply to such acquired company. If Licensee does
not remain a separate corporate entity, or if production facilities of

 

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Confidential & Proprietary

Licensee are merged into the acquiring company or one of its subsidiaries, then
the acquiring entity shall continue to pay the license fee installments under
the terms of this Agreement but only the Sales attributable to Licensee’s
business prior to such merger shall be deemed licensed hereunder. The licenses
granted hereunder to Licensee shall survive any transfer by operation of law or
otherwise of the Licensed Patents or this Agreement by InterDigital Group.

 

6.18 Entire Agreement/Amendment. To the extent Licensee is licensed under a
prior patent license agreement with InterDigital Group for products other than
the Licensed Terminal Units in this Agreement, the prior patent license
agreement shall remain in full force and effect as to those differing standards
and/or products. To the extent Licensee was licensed to sell Licensed Terminal
Units under a prior licensing agreement, the terms of the prior agreement shall
continue to apply up to the Effective Date. In all other respects this Agreement
contains the complete and final agreement between the parties, and supersedes
all previous understandings, relating to the subject matter hereof whether oral
or written. This Agreement may only be modified by a written agreement signed by
duly authorized representatives of the parties.

 

6.19 Survival. The following provisions of this Agreement shall survive
expiration or termination of this Agreement: Section 2.1 (the last sentence as
to GSM paid-up license grant only), Section 2.3 (non-assert limited only to
activities occurring prior to the termination), Article III (license fee and
additional royalties), Section 4.3 (the last two sentences only), Article V
(dispute resolution), and Sections 6.1, 6.2, 6.4, 6.5, 6.6, 6.8, 6.9, 6.11,
6.12, 6.13, 6.14, 6.16, 6.17, 6.18 (miscellaneous).

IN WITNESS WHEREOF, the parties have executed this Agreement by their duly
authorized representatives.

 

InterDigital Technology Corporation     LG Electronics Inc. By:  

/s/ William J. Merritt

    By:  

/s/ Jeong Hwan Lee

Name:  

William J. Merritt

    Name:  

Jeong Hwan Lee

Title:  

President

    Title:  

EVP

Dated:  

January 18, 2006

    Dated:  

1/18/06

Tantivy Communications, Inc.       By  

/s/ William J. Merritt

      Title:  

President

      Dated:  

January 18, 2006

      IPR Licensing, Inc.       By  

/s/ William J. Merritt

      Title:  

President

      Dated:  

January 18, 2006

     

 

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