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)
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Universal
Display Corporation
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(Exact
Name of Registrant Specified in Charter)
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Pennsylvania
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1-12031
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23-2372688
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(State
or other jurisdiction of
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(Commission
File Number)
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(I.R.S.
Employer Identification No.)
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incorporation
or organization)
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375
Phillips Boulevard
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Ewing,
NJ
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08618
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(Address
of Principal Executive Offices)
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(Zip
Code)
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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
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By: /s/ Sidney D. Rosenblatt
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Sidney D. Rosenblatt
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Executive Vice President, Chief Financial Officer, Treasurer and
Secretary
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