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12-12-2017, 01:31 PM #11
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John: slight correction. The GM agreement with CW had no use restrictions and had a non-share after sighing clause that caused the entire rotary club to fall apart. Prior to GM all info/ patents/ideas were sharable with all members without fees. CW gave away the store thinking GM would create the royalties that hadn't been seen previously. Their thinking Ford, AM. Motors; etc. would follow close behind GM and the need for OMC's potential would be small potatoes. Then the 1974 Iranian oil crises and fuel economy concerns. GM abandoned the rotary but the rest of the club had already fallen apart. I believe the OMC contract was for non-automotive, watercraft and recreational vehicles. Another interesting fact, OMC was the only US company to pay CW a royalty.




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