Exhibit 10.05


 





 





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CONFIDENTIAL
TREATMENT REQUESTED. CERTAIN PORTIONS OF THIS DOCUMENT HAVE BEEN OMITTED PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT AND,
WHERE APPLICABLE, HAVE BEEN MARKED WITH AN ASTERISK TO DENOTE WHERE OMISSIONS HAVE BEEN MADE. THE CONFIDENTIAL MATERIAL HAS BEEN
FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.




 


 


 


	 	Amendment No. 2 to the FINANCING
AGREEMENT by CREDIT OPENING No 11.2.0977.1, ENTERED INTO BETWEEN THE NATIONAL BANK FOR ECONOMIC AND SOCIAL DEVELOPMENT –
BNDES and AMYRIS BRASIL LTDA., AS FOLLOWS: 






 





 


 


 


 


THE NATIONAL BANK FOR
ECONOMIC AND SOCIAL DEVELOPMENT – BNDES, hereafter referred to as BNDES, a government-owned company headquartered in Brasilia,
Federal District, with services in this City, on Avenida Republic of Chile No. 100, enrolled with CNPJ under 33,657,248/0001 89,
through its undersigned representatives;


and


 


AMYRIS BRASIL LTDA.,
hereafter referred to as THE BENEFICIARY, a company with its head offices in Campinas, State of São Paulo, at R. James Clerk
Maxwell, no 315, enrolled with the CNPJ under No 09.379.224/0001-20, through its undersigned representatives, 


 


 





have, between them, fair and agreed to
add the Agreement for Credit Opening No 11.2.0977.1, hereinafter referred to as the Agreement between BNDES and the BENEFICIARY
in November 16, 2011, for particular instrument, registered and recorded in microfilm under No 1,233,398, in 1 December 2011, 6°
Trade Titles and documents registry of the judicial district of the Capital of Rio de Janeiro , State of Rio de Janeiro; under
76780, in December 19, 2011, 2° of Titles and documents Registry of the District Court of Piracicaba, State of Sao Paulo;


 


 



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under 4984, in December 6, 2011, Titles
and documents registry of the Comarca de Brotas, State of Sao Paulo, and under 87993 in November 30, 2011, the second a titles
and documents registry office of the region of Campinas, State of São Paulo, as amended by the Additive no 1, signed
between BNDES and the BENEFICIARY in June 28, 2013 for particular instrument, duly recorded on the sidelines of the records
listed above,which this instrument becomes part and parcel, for all purposes and effects of law, under the following clauses:


 


 


 


 


 


FIRST


 


AMENDMENT OF SEVENTH CLAUSE AND ANNEX I OF THE CONTRACT


 


In the face of the
agreement now signed, BNDES and the BENEFICIARY agree to amend the Seventh Clause of the contract and annex I thereto, which shall
take effect with the new wording indicated below and in the annex to this Amendment:


 


"SEVENTH


 




WARRANTY OF OPERATION


 


To ensure the payment of any obligations
arising out of this agreement, as the principal of the debt, interest, commissions, conventional penalty, fines and costs, the
BENEFICIARY gives BNDES to fiduciary property, in accordance with article 66-B of law no 4,728, 14.07.65 and, as applicable,
of the Civil Code, the machinery and equipment of its property located on Highway Brotas/Torrinha , km 7.5, Paradise Ranch,
Brotas-SP, valued at R$ 16,586,900 (sixteen million, five hundred and eighty six thousand and nine hundred reais),
to the date of 4/28/2014, described and defined in annex I of this agreement.


 


 





PARAGRAPH ONE





The BENEFICIARY declares that
the goods mentioned in this Clause are in your possession and, free and clear of any encumbrances, including tax.


  


SECOND PARAGRAPH





BNDES reserves the right to
request a reassessment of property written, having taken place, at its option, depreciation of collateral. "




 





 



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SECOND


 


RATIFICATION


 


Are ratified, in this Act, by the Contracting
Parties, all the terms and conditions of the Agreement, in that they do not collide with what is established in this Amendment,
maintained the agreed guarantees in that Agreement no matter the gift in novation.


 


 


THIRD


 


RECORD


 


The BENEFICIARY is
obliged to promote the registration of this additive on the fringes of the records indicated in its preamble to the Counties of
Rio de Janeiro – RJ, Campinas-SP and Brotas-SP, within total of 120 (one hundred twenty) days from this date, which may be
extended at the discretion of the BNDES through letters.


 


 


The leaves of this instrument are initialled
by Anaê Matsushita Veronezi, BNDES, lawyer for authorization of legal representatives that sign.


 


 


And, to be fair and contractors, sign
the present in 02 (two) copies, of equal content and to one end, in the presence of the undersigned witnesses.


 


 


Rio de Janeiro, 16 September 2015


 


 


 


 


 



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(Signatures Page to Amendment No.2 to the
Financing Agreement 11.2.0977.1)


 





By BNDES:


 


	/s/ ILLEGIBLE	 	/s/
Rodrigo Matos Huet de Bacellar






BANCO NACIONAL DE DESENVOLVIMENTO ECONÔMICO
E SOCIAL-BNDES


 


  


By BENEFICIARY:


 


 


	/s/ Erica Baumgarten	 	/s/ Giani Ming Valent
	Erica Baumgarten

                                   Diretora Financeira

                                   Amyris Brasil Ltda.
	 	Amyris Brasil Ltda.

                                   Giani Ming Valent, pmp

                                   Diretor de Engenharta




 AMYRIS
BRAZIL LTDA.


 


WITNESSES:


 


	/s/ Mayara Muniz de Fritas	 	/s/ Marina Muniz Giaccio
	Nome: Mayara Muniz de Fritas

                                   CPF:
	 	Nome: Marina Muniz Giaccio

                                   CPF:




 


 


 


 


 






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ANNEX
I – MACHINES AND EQUIPMENT-TRUST PROPERTY-SEVENTH CLAUSE OF THE FINANCING CONTRACT No 11.2.0977.1


 


	Description	Control	Quant.	Value (R $)
	Type	Number
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]







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	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]







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	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	[*]	[*]	[*]	[*]	[*]
	TOTAL	 	 	 	16,586,900 .00


 


 


 


 


 


 


 


 


 


 


 





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