adverse

Whether we are successful in licensing and enforcing our intellectual property rights or in defending against alleged infringement of the intellectual property rights of others which could adversely affect our revenue, earnings, expenses and liquidity;

Whether our pension and postretirement plan costs and contribution levels are impacted by changes in actuarial assumptions, future market performance of plan assets or obligations imposed by legislative or regulatory authorities which could adversely affect our financial position, results of operations and cash flow;

Whether we are successful in attracting, retaining and motivating key employees which could adversely affect our revenue and earnings;

Changes in currency exchange rates, interest rates and commodity costs which could adversely impact our results of operations and financial position;

The Company depends on external financial resources and any interruption in access to capital markets or borrowings could adversely affect the Company's financial condition.

Interest rates portions of the Company's external borrowings are variable and the Company's borrowing costs could be affected adversely by interest rate increases.

Employee benefit costs, especially post-retirement costs, constitute a significant element of the Company's annual expenses, and the funding of these costs could adversely affect the Company's financial condition.

Additional risks and uncertainties not presently known to the Company or that it currently believes to be immaterial also may adversely affect the Company.

Future sales of our common stock in the public market, such as upon conversion of our outstanding convertible securities, could adversely affect our stock price.

Civil litigation arising out of or relating to previously settled governmental investigations or other matters, governmental or regulatory investigations and/or examinations and the legal risks associated with our business could adversely impact our assets under management, increase costs and negatively impact our profitability and/or our future financial results.