Characteristics of the agreements between the TTC's and the EU
| Company | Total of annual payments US$ | Date of signature | End | Settlement and/or discharge of legal claims | Renewal clause | Termination clause |
|---|---|---|---|---|---|---|
| PM | 1 billion | 9/7/2004 | 9/7/2016 | Yes | Yes | No |
| JTI | 400 million | 14/12/2007 | 14/12/2022 | Yes | No | Yes |
| BAT | 200 million | 15/7/2010 | 15/7/2030 | Unknown (see text) | Yes | Yes |
| ITL | 300 million | 27/9/2010 | 27/9/2030 | Yes | Yes | Yes |
Source: OLAF.5
BAT, British American Tobacco; EU, European Union; JTI, Japan Tobacco International; ITL, Imperial Tobacco Limited; PM, Philip Morris; TTC, Transnational Tobacco Companies.