Amendment No. 1 to Warrant No. WA2000-13 between Universal Display Corporation and Julia J. Brown

Summary

Universal Display Corporation and Julia J. Brown have agreed to amend Warrant No. WA2000-13. This amendment deletes Sections 5.2 through 5.6 from the original warrant, as they were included by mistake. All other terms of the warrant remain unchanged. The amendment is effective as of the original date of the warrant's issuance and is signed by both parties.

EX-10.5 5 ex10-5.txt WARRANT NO. WA2000-13 AMENDMENT NO. 1 Each of Universal Display Corporation, a Pennsylvania corporation ("Company"), and Julia J. Brown (the "Holder"), holder of the above-referenced warrant (the "Warrant"), hereby amend and restate the Warrant, effective as of its original date of issuance, as follows. 1. Company and the Holder hereby agree that Sections 5.2 through 5.6 of the Warrant, having been included therein through administrative error, are deleted from the Warrant in their entirety. 2. Except as set forth in this Amendment No. 1, all other terms and conditions of the Warrant shall remain in full force and effect. UNIVERSAL DISPLAY CORPORATION By: /s/ Sidney D. Rosenblatt ----------------------------------------------------- Sidney D. Rosenblatt Executive Vice President, Chief Financial Officer, Treasurer and Secretary Acknowledged and Agreed to by: /s/ Julia J. Brown - ------------------------------ Julia J. Brown