Amendment No. 1 to Commercial Supply Agreement between LG Display Co., Ltd. and Universal Display Corporation

Summary

This amendment extends the term of the original Commercial Supply Agreement between LG Display Co., Ltd. and Universal Display Corporation by one year, now ending on June 30, 2009. All other terms of the original agreement remain unchanged. The amendment is effective as of June 30, 2008, and is signed by authorized representatives of both companies.

EX-10.30 9 ex10_30.htm COMMERCIAL SUPPLY AGREEMENT AMEND NO. 1-LGD ex10_30.htm

AMENDMENT #1

to the

COMMERCIAL SUPPLY AGREEMENT

(originally effective May 23, 2007)

by and between

LG DISPLAY CO., LTD. (“LGD”) - formerly named LG.PHILIPS LCD CO., LTD.

and

UNIVERSAL DISPLAY CORPORATION (“UDC”)

This Amendment #1 shall amend and modify, to the extent of any inconsistency, the provisions of the above-referenced Commercial Supply Agreement (the “Agreement”). This Amendment #1 shall be effective as of June 30, 2008.

1. Article 9.1 of the Agreement is hereby amended to extend the term of the Agreement for one (1) additional year, through June 30, 2009.

2. Except as set forth in this Amendment #1, all other terms and conditions of the Agreement shall remain in full force and effect.

IN WITNESS WHEREOF, the parties, intending to be legally bound, have caused this Amendment #1 to be executed by their duly authorized representatives:

LG DISPLAY CO., LTD.		UNIVERSAL DISPLAY CORPORATION

By: /s/ Byung Chul Ahn		By: /s/ Steven V. Abramson

Name: Byung Chul Ahn		Name: Steven V. Abramson

Title: Vice President		Title: President

Date: Nov. 21, 2008		Date: Nov. 13, 2008

UDC and LGD Confidential