That explains something I never fully understood previously. Thanks! Richard On 11/29/2015 6:07 PM, Tom Fine wrote: > http://www.leagle.com/decision/196448923bstcm466_1419/browsedecisions > > this is a decision in a tax case against Norman Pickering. Relevant to > the case were the "consulting fees" paid to Pickering in order for him > to not compete after he left the company he founded, control of which > was then taken over by Walter Stanton. In the 1960's, $50,000 was big > money to buy five years of silence. Note that Pickering was negotiating > to go work for Electrovoice. Under the separation agreement he signed, > he lost rights to his patents and lost control of the company that put > out cartridges bearing his name well into the 1970's. > > -- Tom Fine > -- Richard L. Hess email: [log in to unmask] Aurora, Ontario, Canada 647 479 2800 http://www.richardhess.com/tape/contact.htm Quality tape transfers -- even from hard-to-play tapes.