Common Contracts
1 similar null contracts
2.005 billion annual payment obligation for 2007 as specified in the Master Settlement Agreement (MSA).July 27th, 2015
The MSA is an agreement reached in 1998 among 46 states, the District of Columbia, Puerto Rico and four U.S. territories and the major tobacco companies. As agreed to by all the signatories, a tobacco company is due a credit against its annual payment if the disadvantages imposed by the MSA were a significant factor in the participating manufacturers losing market share to non participating manufacturers (NPM). In February, an independent economic consulting firm hired jointly by the states and the tobacco companies made such a determination with respect to 2004.
