(B&W) PROTECTED BY MINNESOTA TOBACCO LITIGATION PROTECTIVE ORDER
CENTRAL GROUP RESEARCH - COST SEARING
Comparison Of IKASCO/B-AT AGREEMENT
With The BWT/B-AT Agreement
Wh py --:AT contract
ile I do not have a co of the current BWT/B
that would reflect the revised rate of .21%, M SCO's con-
tract is basically the same as BWT's with the following
minor differences:
1. Term Of Contract - M SCO's contract is on a calendar
year basis whereas BMIS is on a fiscal year basis
3: (ending 9/30). IMASCO I 9 contract further provides a
clause on termination (clause 7).
2. Amount To Be Paid - IMASCO's contract sets out the under-
lying formula in determining each participants amount
with the provision that their share-for any year through
December 31, 1981 not exceed .21% of its "net turnover."
3. Net Turnover - IMASCO's contract embodies the definition
of "net turnover" whereas BWT'o does not. "Net turnover
for purposes of the 114ASCO agreement excludes net duty
and excise taxes, same as BWT calculates. However,
TMASCO's agreement does not, by definition, exclude
inter-group net turnover.
4. Other Factors - IMASCO's contract grants IMASCO personnel
the right of access to the BAT research laboratories for
observation, elaboration and consultation whereas BWT's
contract simply provides for prompt dissemination of'
information resulting from Central Group Research.
IMAS CO I contract further states (clause B) that they
and the other participants have a voice in the nature
of Central Group Research.
B. S. B.
2/19/81
6208SG997