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These excerpts taken from the NVLS 10-Q filed May 6, 2009. Other Litigation We are a defendant or plaintiff in various actions that have arisen in the normal course of business. We believe that the ultimate disposition of these matters will not have a material adverse effect on our business, financial condition or results of operations. However, due to the uncertainty surrounding litigation, we are unable at this time to estimate a range of loss, if any, that may result from any of these pending proceedings.
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Table of ContentsNOVELLUS SYSTEMS, INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)
Other Litigation In addition to the litigation risks mentioned above, we are currently involved or may become subject to legal claims or proceedings related to securities, employment, customer or third party contracts, environmental regulations, product liability or other matters. If we are required to defend against a legal claim or deem it necessary or advisable to initiate a legal proceeding to protect our rights, the expense and distraction of such a claim or proceeding, whether or not resolved in our favor, could materially and adversely affect our
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Table of Contentsbusiness, financial condition and operating results. Further, if a claim or proceeding were resolved against us or if we were to settle any such dispute, we could be required to pay damages or refrain from certain activities, which could have a material adverse impact on our business, financial condition and operating results. These excerpts taken from the NVLS 10-K filed Feb 27, 2009. Other Litigation In addition to the litigation risks mentioned above, we are currently involved or may become subject to legal claims or proceedings related to securities, employment, customer or third party contracts, environmental regulations, product liability or other matters. If we are required to defend against a legal claim or deem it necessary or advisable to initiate a legal proceeding to protect our rights, the expense and distraction of such a claim or proceeding, whether or not resolved in our favor, could materially and adversely affect our business, financial condition and operating results. Further, if a claim or proceeding were resolved against us or if we were to settle any such dispute, we could be required to pay damages or refrain from certain activities, which could have a material adverse impact on our business, financial condition and operating results. Other Litigation We are a defendant or plaintiff in various actions that have arisen in the normal course of business. We believe that the ultimate disposition of these matters will not have a material adverse effect on our business, financial condition or results of operations. However, due to the uncertainty surrounding litigation, we are unable at this time to estimate a range of loss, if any, that may result from any of these pending proceedings.
Not applicable.
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Table of ContentsOther Litigation have a material adverse effect on our business, financial condition or results of operations. However, due to the uncertainty surrounding litigation, we are unable at this time to estimate a range of loss, if any, that may result from any of these pending proceedings.
SIZE="2">Not applicable.
22 Table of ContentsOther Litigation During the year ended December 31, 2006, we reached an agreement to settle a customer indemnity claim, and the $3.3 million cost of this settlement was included in our results of operations.
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Table of ContentsNOVELLUS SYSTEMS, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
We are a defendant or plaintiff in various actions that have arisen in the normal course of business. We believe that the ultimate disposition of these matters will not have a material adverse effect on our business, financial condition or results of operations. Due to the uncertainty surrounding the litigation process, we are unable to estimate a range of loss, if any, at this time. This excerpt taken from the NVLS 10-Q filed Nov 5, 2008. Other Litigation In addition to the litigation risks mentioned above, we are currently involved or may become subject to legal claims or proceedings related to securities, employment, customer or third party contracts, environmental regulations, product liability or other matters. If we are required to defend against a legal claim or deem it necessary or advisable to initiate a legal proceeding to protect our rights, the expense and distraction of such a claim or proceeding, whether or not resolved in our favor, could materially and adversely affect our business, financial condition and operating results. Further, if a claim or proceeding were resolved against us or if we were to settle any such dispute, we could be required to pay damages or refrain from certain activities, which could have a material adverse impact on our business, financial condition and operating results.
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Table of ContentsThis excerpt taken from the NVLS 10-Q filed Aug 7, 2008. Other Litigation In addition to the litigation risks mentioned above, we are currently involved or may become subject to legal claims or proceedings related to securities, employment, customer or third party contracts, environmental regulations, product liability or other matters. If we are required to defend against a legal claim or deem it necessary or advisable to initiate a legal proceeding to protect our rights, the expense and distraction of such a claim or proceeding, whether or not resolved in our favor, could materially and adversely affect our business, financial condition and operating results. Further, if a claim or proceeding were resolved against us or if we were to settle any such dispute, we could be required to pay damages or refrain from certain activities, which could have a material adverse impact on our business, financial condition and operating results. This excerpt taken from the NVLS 10-Q filed May 7, 2008. Other Litigation In addition to the litigation risks mentioned above, we are currently involved or may become subject to legal claims or proceedings related to securities, employment, customer or third party contracts, environmental regulations, product liability or other matters. If we are required to defend against a legal claim or deem it necessary or advisable to initiate a legal proceeding to protect our rights, the expense and distraction of such a claim or proceeding, whether or not resolved in our favor, could materially and adversely affect our business, financial condition and operating results. Further, if a claim or proceeding were resolved against us or if we were to settle any such dispute, we could be required to pay damages or refrain from certain activities, which could have a material adverse impact on our business, financial condition and operating results. These excerpts taken from the NVLS 10-K filed Feb 29, 2008. Other
Litigation
We are a defendant or plaintiff in various actions that have
arisen in the normal course of business. We believe that the
ultimate disposition of these matters will not have a material
adverse effect on our business, financial condition or results
of operations. However, due to the uncertainty surrounding
litigation, we are unable at this time to estimate a range of
loss, if any, that may result from any of these pending
proceedings.
Not applicable.
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Table of Contents
Other Litigation We are a defendant or plaintiff in various actions that have arisen in the normal course of business. We believe that the ultimate disposition of these matters will not have a material adverse effect on our business, financial condition or results of operations. However, due to the uncertainty surrounding litigation, we are unable at this time to estimate a range of loss, if any, that may result from any of these pending proceedings.
Not applicable.
Table of ContentsThis excerpt taken from the NVLS 10-K filed Mar 1, 2007. Other
Litigation
During the year ended December 31, 2006, we reached an
agreement to settle a customer indemnity claim, and the
$3.3 million cost of this settlement was included in our
results of operations.
We are a defendant or plaintiff in various actions that have
arisen in the normal course of business. We believe that the
ultimate disposition of these matters will not have a material
adverse effect on our business, financial condition or results
of operations. However, due to the uncertainty surrounding
litigation, we are unable at this time to estimate a range of
loss, if any, that may result from any of these pending
proceedings.
Not applicable.
This excerpt taken from the NVLS 10-K filed Mar 16, 2006. Other
Litigation
We are a defendant or plaintiff in various actions that have
arisen in the normal course of business. We believe that the
ultimate disposition of these matters will not have a material
adverse effect on our business, financial condition or results
of operations. However, due to the uncertainty surrounding the
litigation process, we are unable to estimate a range of loss,
if any, at this time.
Not applicable.
Table of Contents
This excerpt taken from the NVLS 10-K filed Oct 17, 2005. Other Litigation We are a defendant or plaintiff in various actions
that arose in the normal course of business. We believe that the ultimate disposition of these matters will not have a material adverse effect on our
business, financial condition or results of operations. However, due to the uncertainty surrounding the litigation process, we are unable to estimate a
range of loss, if any, at this time.
Not applicable.
12 This excerpt taken from the NVLS 10-K filed Mar 15, 2005. Other Litigation We are a defendant or plaintiff in various actions
that arose in the normal course of business. We believe that the ultimate disposition of these matters will not have a material adverse effect on our
business, financial condition or results of operations. However, due to the uncertainty surrounding the litigation process, we are unable to estimate a
range of loss, if any, at this time.
Not applicable.
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