Samsung Litigation Clause Samples
Samsung Litigation. BST, We Sell and We Sell Cellular, Inc. (“Old We Sell”) are parties to certain litigation with Samsung (such case, including any related actions and any appeals, the “Samsung Litigation”). In the Samsung Litigation, BST, We Sell and Old We Sell have filed claims against Samsung and Samsung has filed claims against BST, We Sell and
Samsung Litigation. The estimated maximum exposure of We Sell and BST in the Samsung Litigation, as defined in Section 7.5 below, is $225,000, consisting of potential liability under the existing claims against We Sell and BST by Samsung Electronics America, Inc. f/k/a Samsung Telecommunications America, LLC ("Samsung") and legal fees and related expenses based on counsel's current estimates, provided, that such amount is subject to increase if Samsung makes additional claims against We Sell or BST, if the legal work proves more time-consuming than currently anticipated, if there are errors by counsel, or based on other risks that can affect litigation in the normal course, including judge or jury reaction.