form8k.htm

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C.  20549


FORM 8-K


CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934


Date of report (Date of earliest event reported):    December 17, 2009 (December 17, 2009)

 
Universal Display Corporation
  
 
(Exact Name of Registrant Specified in Charter)
  



Pennsylvania
  
1-12031
  
23-2372688
(State or other jurisdiction of
  
(Commission File Number)
  
(I.R.S. Employer Identification No.)
incorporation or organization)
        


375 Phillips Boulevard
    
Ewing, NJ
  
08618
(Address of Principal Executive Offices)
  
(Zip Code)

Registrant’s telephone number, including area code:         (609) 671-0980

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):

           Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

           Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

           Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

           Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


 
 
 

Item 1.01                      Entry into a Material Definitive Agreement.

On December 17, 2009, the Registrant entered into an OLED Technology License Agreement with Showa Denko K.K. of Japan.  Under this agreement, the Registrant granted Showa Denko license rights under various patents and associated know-how owned or controlled by the Registrant for Showa Denko to manufacture, by solution processing methods, and sell OLED (organic light emitting diode) products for lighting applications.  Under the agreement, Showa Denko will pay the Registrant license fees and running royalties on its sales of these licensed products.  The term of the agreement runs through expiration of the licensed patents.


 
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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


UNIVERSAL DISPLAY CORPORATION


Dated: December 17, 2009
By:  /s/ Sidney D. Rosenblatt 
 
       Sidney D. Rosenblatt
 
       Executive Vice President, Chief Financial Officer, Treasurer and Secretary




 
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