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Show customers in Japan and several other Asian countries. In return for an initial dis- U.S., Japanese Okeh Litton Agreement Approval has been received from the United States and the Japanese governments making possible operation of a technological techno-logical assistance and licensing agreement between Litton International Inter-national S.A., of Zurich, Switzerland, Switzer-land, and Kobe Kogyo Corporation Corpora-tion of Kobe, Japan, it has been announced. The agreement establishes a long term working relationship in the microwave tube field between be-tween Kobe and Litton. Kobe Kogyo has the right to manufacture tubes with Litton proprietary developments for closure of information Litton International receives an equity position in Kobe Kogyo. The agreement calls for Litton International Inter-national to receive a royalty fee with a guaranteed minimum and distribution rights in the U. S. and most of the world for tubes manufactured by Kobe Kogyo, except tubes for home amusement amuse-ment type products. The company did not disclose the percentage of ownership involved in-volved in the equity nor the dollar value of the equity or the royalty fee. |