0001005284-11-000092.txt : 20110930 0001005284-11-000092.hdr.sgml : 20110930 20110929175548 ACCESSION NUMBER: 0001005284-11-000092 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110929 ITEM INFORMATION: Entry into a Material Definitive Agreement FILED AS OF DATE: 20110930 DATE AS OF CHANGE: 20110929 FILER: COMPANY DATA: COMPANY CONFORMED NAME: UNIVERSAL DISPLAY CORP \PA\ CENTRAL INDEX KEY: 0001005284 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPONENTS & ACCESSORIES [3670] IRS NUMBER: 232372688 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-12031 FILM NUMBER: 111115416 BUSINESS ADDRESS: STREET 1: 375 PHILLIPS BOULEVARD CITY: EWING STATE: NJ ZIP: 08618 BUSINESS PHONE: 6096710980 MAIL ADDRESS: STREET 1: 375 PHILLIPS BOULEVARD STREET 2: 375 PHILLIPS BOULEVARD CITY: EWING STATE: NJ ZIP: 08618 8-K 1 form8k.htm UNIVERSAL DISPLAY CORPORATION 8-K FOR PIONEER AGREEMENT 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):  September 29, 2011 (September 27, 2011)

 
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 September 27, 2011, the Registrant entered into an OLED Technology License Agreement with Pioneer Corporation of Japan (“Pioneer”).  Under the agreement, the Registrant granted Pioneer license rights under various patents and associated know-how owned or controlled by the Registrant for Pioneer to manufacture and sell OLED (organic light emitting diode) products for lighting applications.  Pioneer will pay the Registrant license fees and running royalties on its sales of these licensed products under the agreement.  The term of the agreement continues until net sales revenue from Pioneer’s sales of licensed products reaches a certain threshold amount.  The Registrant separately agreed to sell to Pioneer certain OLED materials for use by Pioneer in manufacturing licensed products as authorized under the agreement.


 
 
 

        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: September 29, 2011
By:   /s/ Sidney D. Rosenblatt 
 
Sidney D. Rosenblatt
 
Executive Vice President, Chief Financial Officer, Treasurer and Secretary