The LIB= directive is optional and has the following properties.

1. The time and date stamps of all files placed in the LIB=
directives will be compared to the time and date stamp of the
target file.

2. If the target is older than any file in the LIB= directive
it (the target) will be relinked.

Any file referenced in a LIB= directive that does not exist as an
actual file will stop the make process with an appropriate error.