Exhibit 10.03


 


 










seventh
Addendum to the Private Lease Contract Instrument for Nonresidential Property


 


By and between:


I- LUCIO TOMASIELLO, Brazilian, single, adult,
businessman, bearer of Personal Identity Number (RG) No. , duly recorded in the Individual Tax Register of the Ministry of
Finance – CPF/MF as No. , resident and domiciled in the City of and 


MAURICIO TOMASIELLO Brazilian, single,
adult, businessman, bearer of Personal ID card No , issued by the SSP/SP duly recorded in the Individual Tax Register of the
Ministry of Finance CPF/MF as No. , resident and domiciled in the City of , with both hereinafter to be referred to simply as
“ LESSORS”; and,


 


II – AMYRIS BRAZIL LTDA., Private Limited Company with
headquarter in the City of Campinas, State of Sao Paulo, in (Street) Rua James Clerk Maxwell, No 315, Techno Park, CEP: 13069-
380, duly recorded in the National Company Tax Register as No 09.379.224./0001-20, herein appearing in the terms of its articles
of incorporation, hereinafter to be referred to simply as “LESSEE”; and,


 


LESSORS and LESSEE shall be jointly named “Parties”
and, individually as “Party”.


 


WHEREAS, the Parties entered into the
Private Lease Contract Instrument for Nonresidential Property (the “Contract”) March 31, 2008, referring to
the location of the commercial warehouse that has a total built area of 1,368.09 m2 (thirteen hundred sixty-eight square
meters and 9 square centimeters), situated at Rua James Clerk Maxwell, No. 315, Postal Code: 13069-380, object of recorded entry
100068 filed in Notary Office No. 2, Property Records of Campinas, State of São Paulo and registered with the City of Campinas,
State of São Paulo, under cartographic code No. 3162.44.26.0285.00000 (the “Property”);


 


WHEREAS, the Parties entered into a Private
Addendum Instrument to the Lease Contract for Nonresidential Property (the “First Addendum”) that modified the
conditions established in the Contract for the lease guarantee July 5, 2008;


 



    


     


    

 


WHEREAS, the Parties entered into the
Second Addendum to the Private Lease Contract Instrument for Nonresidential Property (the “Second Addendum”)
October 30, 2008 that renewed and extended the lease period from 36 (thirty-six) months to 60 (sixty) months, that is, to May 31,
2013;


 


WHEREAS, the Parties entered into the
Third Addendum to the Private Lease Contract Instrument for Nonresidential Property (the “Third Addendum”) October
1, 2012 that renewed the lease period for another 36 (thirty-six) months, to October 1, 2015, and capped the monthly rent increase;


 


WHEREAS, the Parties entered into the
Fourth Addendum to the Private Lease Contract Instrument for Nonresidential Property (the “Fourth Addendum”)
March 5, 2015 that renewed the lease period for an additional 43 (forty-three) months, to October 5, 2018, reset the monthly rent
increase, and added clauses to the Contract;


 


WHEREAS, the Parties entered into the
Fifth Addendum to the Private Lease Contract Instrument for Nonresidential Property (“Fifth Addendum”) September
22, 2015 establishing that the monthly rent will not be readjusted or corrected annually by variation in the General Market Prices
Index-IGPM, measured by the Getúlio Vargas Foundation-FGV and keeping the monthly rent duly paid by the LESSEE the
same until October 1, 2016;


 


WHEREAS, the Parties entered into the Sixth Addendum to the
Private Lease Contract Instrument for Nonresidential Property (“Sixth Addendum”) October 17th 2016
, which laid down the increment of the monthly rent through readjusting and extending the lease until October 13th 2019;


 


WHEREAS, the parties have interests, both jointly and without
defects, in maintaining the monthly rent currently adhered to by the LESSEE (i.e. R$ 38,171.45) until October 1st
2018;


 


The Parties therefore decide to sign the present
Seventh Addendum to the Private Lease Contract Instrument for Nonresidential Property (the “Seventh Addendum”)
in mutual and complete agreement, in accordance with the clauses and conditions set out below.


 



    Seventh Addendum to the Private Lease Contract Instrument for Nonresidential Property
2


     


    

 


FIRST CLAUSE


THE AMOUNT OF MONTHLY RENT


 


1.1 As the result of the full Contract between the Parties, and after
negotiations of mutual consent, both expressly affirm that no nnual ajdustment to, or correction of the the monthly rent of any
nature, shall be applied until October 1st 2018.


 


1.2 By these terms, the Parties furthermore agree, through mutual
and express consent, that the LESSEE shall undertake to pay the LESSORS, as of October 1st 2017, the monthly
rent of BRL 38,171.45 (thirty-eight thousand, one hundred and seventy- one reals and forty-five cents) until October 1st
2018.


 


1.2.1 Nothwithstanding, after October 1st
2018, the Parties may negotiate a re-adjustment or annual monetary correction of the monthly value of the rent, since this readjustment
shall only take place by previous agreement between the Parties and approved by the LESSEE, with an initialled document
of a new contractual amendment.


 


1.3 In view of the modifications agreed upon between the Parties to
the present Seventh Amendment, and in strict observance of the provisions of clauses 1.1 and 1.2 above, the Parties shall agree
that the Fifth clause, heading of the Contract shall enter into effect upoin the signature of the present instrument, with the
following wording:


 


5th ) As of October 1st 2017, the LESSEE
shall pay to the LESSORS a monthly rent of BRL 38,171.45 (thirty-eight thousand, one hundred and seventy-one reais and
forty-five cents), expiring on day 5 (five) of every month, by means of a deposit into a bank account ( , branch and current account
No ), with the deposit slip serving as receipt and quittance. Furthermore, the monthly rent shall be annually corrected in accordance
with the variation in the National Consumer Price Index – IPCA, measured by the Getulio Vargas Foundation – FGV. Notwithstanding
, the Parties agree that , by October 1st 2018 , the LESSEE shall pay the LESSORS the monthly sum provided
for in this clause.






1.4 The Parties declare, under the terms of this first clause, that
the conditions of payment , unaltered by this Seventh Amendment shall be those set forth in the contract.


 



    Seventh Addendum to the Private Lease Contract Instrument for Nonresidential Property
3


     


    

 


SECOND CLAUSE


GENERAL PROVISIONS


 


2.1 All the remaining clauses and conditions appearing in the Contract,
in the First, Second, Third, Fourth, Fifth and Sixth Amendments, which were not expressly altered by this Seventh Amendment have
been ratified in this document and in all its terms.


 


2.2 The Parties agree that the terms of this Seventh Amendment shall
take precedence over the conditions provided for in any other agreement concluded between the Parties, between the date of signature
of the Contract and the date of signature of this Seventh Amendment.


 


2.3 The Contract, as well as this Seventh Amendment, may only be altered
in any of their provisions, by means of entering into in writing a supplementary contractual amendment.


In witness whereof, the Parties sign the present instrument in 03
(three) copies, each equal in form and content, for the same effects, in the presence of 02 (two) witnesses of legal capacity who
shall also sign.


Campinas, September 25th 2017


 


/s/ Lucio Tomasiello
/s/ Mauricio Tomasiello


 


LESSORS: LUCIO TOMASIELLO / MAURICIO
TOMASIELLO


 


/s/ Erica Baumgarten
/s/ Gianni Ming Valent


 


	
        Erica Baumgarten

        Financial Director

        Amyris Brasil Ltda
	LESSEE: AMYRIS BRASIL LTDA	
        Amyris Brasil Ltda

        Gianni Ming Valent, PMP

        Engineering Director



 


Witnesses:


Amyris LTDA


Robson Juliano Brito


Buyer


	
        1. /s/ Robson Juliano Brito

        Name: Robson Juliano Brito

        RG:

        CPF/MF

         
	
        2. _____________________________

         

        Name:

        RG:

        CPF/MF



 


 




Seventh Addendum to the Private Lease Contract Instrument for Nonresidential
Property


4