UDC IRELAND LIMITEDLetter Agreement • May 6th, 2021 • Universal Display Corp \Pa\ • Electronic components & accessories
This letter agreement amends the terms of the Supply Agreement (this “Amendment”), providing for PPG SCM Ireland Limited’s (“SCMI”) (1) provision of operation and maintenance services as set forth on Exhibit A (the “Operating Services”) for that certain manufacturing facility located in the northwest corner of the Shannon Industrial Estate, adjacent to the Shannon International Airport, with an address of Shannon Industrial Estate, Shannon, County Clare, V14FX09, Ireland (the “Facility”) and (2) manufacture of the Products at the Facility (the “Manufacturing Services” and, together with the Operating Services, the “Services”) for UDC’s affiliate, UDC Ireland Limited (“UDC Ireland”). UDC Ireland’s affiliate, OLED Material Manufacturing Limited (“OM2”) entered into a commercial lease with the owner of the Facility (the “Owner”) for its use of the Facility effective as of February 23, 2021 (the “Lease”), which effective date is also the effective date of this Amendment (the “Effective Dat
