Exhibit 4.3 AMENDMENT NO. 2 to the RIGHTS AGREEMENT Between INTERDIGITAL COMMUNICATIONS CORPORATION and AMERICAN STOCK TRANSFER AND TRUST COMPANY dated as of DECEMBER 31, 1996 THIS AMENDMENT NO. 2, dated July 29, 1997, to the RIGHTS AGREEMENT between INTERDIGITAL COMMUNICATIONS CORPORATION and AMERICAN STOCK TRANSFER AND TRUST COMPANY dated as of DECEMBER 31, 1996 WHEREAS, InterDigital Communications Corporation ("InterDigital") and American Stock Transfer and Trust Company ("ASTT") entered into a Rights Agreement, dated as of December 31, 1996, (the "Agreement") dealing with, among other things, the voting rights of the holders of InterDigital Common Stock; and WHEREAS, InterDigital has entered into an agreement with Heartland Advisors dated July 8, 1997 (the "Letter Agreement") under which the Company, in exchange for other consideration, has agreed to permit Heartland not to become and "Acquiring Person", as defined under the Agreement, subject to the terms and conditions of the Agreement and the Letter Agreement; and WHEREAS, to implement the requirements of the Letter Agreement, InterDigital and ASTT, pursuant to Section 26 of the Agreement, have agreed to amend the Agreement as set forth herein. NOW THEREFORE, the parties, intending to be legally bound, agree as follows: 1. The definition of "Acquiring Person" set forth in Section 1, paragraph (a), is amended by adding a new clause at the end of the definition reading as follows: ;provided, however, that Heartland Advisors shall not be an Acquiring Person unless and until Heartland Advisors (i) is the Beneficial Owner of more than 18% of the shares of Common Stock then outstanding, or (ii) is the Beneficial Owner of 15% or more of the shares of Common Stock then outstanding and Heartland is not permitted to file a Schedule 13G, in lieu of Schedule 13D, pursuant to the Securities Exchange Act of 1934 and the rules and regulations promulgated thereunder. Amendment No. 1 to the Rights Agreement dated December 31, 1996 Page 2 2. All other terms conditions remained unaltered and in full force and effect. IN WITNESS WHEREOF, the parties have caused this Amendment No. 2 to be duly executed, all as of the date first written above. ATTEST: INTERDIGITAL COMMUNICATIONS CORPORATION BY: /s/ Jane S. Schultz BY: /s/ William A. Doyle -------------------------- --------------------------- Jane S. Schultz William A. Doyle Assistant Secretary President ATTEST: AMERICAN STOCK TRANSFER AND TRUST COMPANY BY: /s/ Susan Silber BY: /s/ Herbert J. Lemmer -------------------------- --------------------------- Susan Silber Herbert J. Lemmer Assistant Secretary Senior Vice President and General Counsel