Quote:
Originally Posted by porsche4life
They are just trying to worm their way out of paying, when they know they are on the hook for it. A good letter from an attorney threatening legal action might be enough to get them to cough the $$ up. Unless they don't have it....
|
Agree.
A letter from an attorney, written correctly, may make them think it is much less expensive to pay the royalty amount rather than face an amount based on complete beach of contract for the remaining period. Possibly, you may consider negotiating a payment for outstanding royalties in return for a mutual cancellation of the remaining years of the agreement. You get your money, they get off the hook for future obligation and lose the exclusivity of your product.