in addition to holding a 50% share of cobasys, chevron holds a 19.99% interest in ecd ovonics. chevron maintains veto power over any sale or licensing of cobasys' nimh technology. in addition, chevron maintains the right to seize all of cobasys' intellectual property rights in the event that ecd ovonics does not fulfill its contractual obligations. on september 10, 2007, chevron filed a legal claim that ecd ovonics has not fulfilled its obligations. ecd ovonics disputes this claim.