AMENDMENT#2 tothe COMMERCIALSUPPLY AGREEMENT (originallyeffective May 23, 2007) byand between LGDISPLAY CO., LTD. (LGD) - formerly named LG.PHILIPS LCDCO., LTD. and UNIVERSALDISPLAY CORPORATION (UDC)

EX-10.1 2 ex10_1.htm AMEND NO.2 TO THE COMMERCIAL SUPPLY AGREEMENT BETWEEN REGISTRANT AND LG DISPLAY CO., LTD. ex10_1.htm
AMENDMENT #2
 
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 #2 shall amend and modify, to the extent of any inconsistency, the provisions of the above-referenced Commercial Supply Agreement, as previously amended effective as of June 30, 2008 (the “Agreement”).  This Amendment #2 shall be effective as of June 30, 2009.

1.           Article 9.1 of the Agreement is hereby amended to extend the term of the Agreement for six (6) additional months, through December 31, 2009.

2.           Except as set forth in this Amendment #2, 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 #2 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:
Aug 5, 2009
 
Date:
Aug 11, 2009