Form of Unsecured Senior Convertible Promissory Note



 Exhibit 4.03 
 SENIOR UNSECURED CONVERTIBLE NOTE 
  

			
	
          U.S.$             
   
	  	February 27, 2012


					
		
	 THE SECURITIES REPRESENTED BY THIS NOTE AND THE SECURITIES ISSUABLE UPON ITS CONVERSION HAVE NOT BEEN REGISTERED UNDER THE
SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”), OR SECURITIES LAWS OF ANY STATE AND MAY NOT BE OFFERED, SOLD, ASSIGNED, PLEDGED TRANSFERRED OR OTHERWISE DISPOSED OF IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT UNDER THE ACT AND
APPLICABLE STATE SECURITIES LAWS OR PURSUANT TO AN AVAILABLE EXEMPTION FROM REGISTRATION UNDER THE ACT OR SUCH LAWS AND, IF REASONABLY REQUESTED BY THE COMPANY, UPON DELIVERY OF AN OPINION OF COUNSEL REASONABLY SATISFACTORY TO THE COMPANY THAT THE
PROPOSED TRANSFER IS EXEMPT FROM THE ACT OR SUCH LAWS. THIS NOTE IS ALSO SUBJECT TO THE TRANSFER RESTRICTIONS CONTAINED IN THE SECURITIES PURCHASE AGREEMENT, DATED AS OF FEBRUARY 24, 2012, AMONG THE COMPANY AND THE PURCHASERS NAMED
THEREIN.
	  	

 FOR VALUE RECEIVED, the undersigned, Amyris, Inc., a Delaware corporation (the
“Company”), promises to pay to [Nominee name; see spreadsheet], or its assigns (the “Investor”), in lawful money of the United States and in immediately available funds (or in shares of Common Stock as
provided in Section 2(b)), U.S. $[    ] (the “Face Amount”), all in accordance with the provisions of this Note. The “Issue Date” of this Note is February 27, 2012. 

This Note was issued pursuant to the Securities Purchase Agreement, dated as of February 24, 2012 (as amended from
time to time, the “Agreement”), among the Company and the other parties thereto. Unless the context otherwise requires, as used herein, “Note” means any of the Convertible Notes issued pursuant to the
Agreement and any other similar convertible notes issued by the Company in exchange for, or to effect a transfer of, any Note and “Notes” means all such Notes in the aggregate. 

1. Definitions. For purposes of this Note, the following definitions shall be applicable: 

“Affiliate” of any specified person means any other person directly or indirectly controlling or
controlled by or under direct or indirect common control with such specified person; for purposes of this definition, “control” (including, with correlative meanings, the terms “controlling,” “controlled by” and
‘under common control with”), as used with respect to any person, shall mean the possession, directly or indirectly, of the power to direct or cause the direction of the management or policies of such person, whether through the ownership
of voting securities, by agreement or otherwise. 
 “Bankruptcy Law” means
Title 11, U.S. Code or any similar federal or state law for the relief of debtors. 







 “Board of Directors” means the board of directors of
the Company. 
 “Business Day” means any day other than a Saturday, a Sunday or a day on
which the Federal Reserve Bank of New York is authorized or required by law or executive order to close or be closed. 
 “Capital Lease Obligation” means, at the time any determination thereof is to be made, the amount of the liability in respect of a capital lease that would at such time be required
to be capitalized on a balance sheet in accordance with GAAP. 
 “Certificate of
Incorporation” means the Company’s Restated Certificate of Incorporation, as amended and as in effect on the date hereof. 
 “Change of Control” shall mean the occurrence of any of the following: (i) the consolidation of the Company with, or the merger of the Company with or into, another
“person” (as such term is used in Rule 13d-3 and Rule 13d-5 of the Exchange Act), or the sale, lease, transfer, conveyance or other disposition, in one or a series of related transactions, of all or substantially all of the assets of the
Company and its Subsidiaries taken as a whole, or the consolidation of another “person” with, or the merger of another “person” into, the Company, other than in each case pursuant to a transaction in which the “persons”
that “beneficially owned” (as such term is defined in Rule 13d-3 and Rule 13d-5 under the Exchange Act), directly or indirectly, the Voting Shares of the Company immediately prior to the transaction “beneficially own”, directly
or indirectly, Voting Shares representing at least a majority of the total voting power of all outstanding classes of voting stock of the surviving or transferee person; (ii) the adoption by the Company of a plan relating to the liquidation or
dissolution of the Company; (iii) the consummation of any transaction (including, without limitation, any merger or consolidation) the result of which is that any “person” becomes the “beneficial owner” directly or
indirectly, of more than 50% of the Voting Shares of the Company (measured by voting power rather than number of shares); or (iv) the first day on which a majority of the members of the Board of Directors does not consist of Continuing
Directors. 
 “Closing Price” of the shares of Common Stock on any day means the last
reported sale price regular way on such day or, in the case no such sale takes place on such day, the average of the reported closing bid and asked prices regular way of the shares of Common Stock, in each case as quoted on The NASDAQ Stock Market
or such other principal securities exchange or inter-dealer quotation system on which the shares of Common Stock are then traded. 
 “Common Stock” means the Company’s common stock, $0.0001 par value per share (or such other security into which such Common Stock is exchanged for (or becomes) pursuant to the
consummation of a Capital Reorganization). 
 “Continuing Director” shall mean, as of
any date of determination, any member of the Board of Directors who (i) was a member of the Board of Directors on the Issue Date or was appointed pursuant to the Agreement or (ii) was nominated for election or elected to the Board of
Directors with the approval of a majority of the Continuing Directors who were members of the Board of Directors at the time of such nomination or election and who voted with respect to such 

  
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nomination or election; provided that a majority of the members of the Board of Directors voting with respect thereto shall at the time have been Continuing Directors. 

“Debt” shall mean, with respect to any person, any indebtedness of such person, whether or not
contingent, in respect of borrowed money or evidenced by bonds, notes, debentures or similar instruments or letters of credit (or reimbursement agreements in respect thereof) or banker’s acceptances or representing Capital Lease Obligations or
the balance deferred and unpaid of the purchase price of any property or representing any Hedging Obligations, except any such balance that constitutes an accrued expense or trade payable, if and to the extent any of the foregoing indebtedness
(other than letters of credit and Hedging Obligations) would appear as a liability upon a balance sheet of such Person prepared in accordance with GAAP, as well as all Debt of others secured by a Lien on any asset of such Person (whether or not such
Debt is assumed by such Person) and Lease Debt and, to the extent not otherwise included, the Guarantee by such Person of any Debt of any other Person. The amount of any Debt outstanding as of any date shall be (i) the accreted value thereof,
in the case of any Debt that does not require current payments of interest or (ii) the principal amount thereof, together with any interest thereon that is more than 30 days past due, in the case of any other Debt. 

“Default” means any event that is or with the passage of time or the giving of notice or both
would be an Event of Default. 
 “Disqualified Stock” means any capital stock that, by
its terms (or by the terms of any security into which it is convertible, or for which it is exchangeable, in each case, at the option of the holder of the capital stock), or upon the happening of any event, matures or is mandatorily redeemable,
pursuant to a sinking fund obligation or otherwise, or redeemable at the option of the holder of the capital stock, in whole or in part, on or prior to the date that is 91 days after the date on which the Notes mature. The amount of Disqualified
Stock deemed to be outstanding at any time will be the maximum amount that the Company and its Subsidiaries may become obligated to pay upon the maturity of, or pursuant to any mandatory redemption provisions of, such Disqualified Stock, exclusive
of accrued dividends. 
 “Exchange Act” means the Securities Exchange Act of 1934, as
amended. 
 “GAAP” means generally accepted accounting principles set forth in the
opinions and pronouncements of the Accounting Principles Board of the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting Standards Board or in such other statements by such other entity
as have been approved by a significant segment of the accounting profession in the United States, which are in effect from time to time. 
 “Guarantee” means a guarantee (other than by endorsement of negotiable instruments for collection in the ordinary course of business), direct or indirect, in any manner (including,
without limitation, by way of a pledge of assets, letters of credit and reimbursement agreements in respect thereof), of all or any part of any Debt. 
 “Hedging Obligations” means, with respect to any person, the obligations of such person under (i) currency exchange or interest rate swap agreements, interest rate cap
agreements and 

  
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interest rate collar agreements and (ii) other agreements or arrangements designed to protect such person against fluctuations in interest rates or currency exchange rates. 

“Holder” means the Person in whose name this Note is registered in the Company’s Note
Register and “Holders” means, collectively, the Persons in whose names all the Notes are registered in the Company’s Note Register. 

“Lease Debt” means, with respect to any Person, (i) the amount of any accrued and unpaid
obligations of such Person arising under any lease or related document (including a purchase agreement, conditional sale or other title retention agreement) in connection with the lease of real property or improvement thereon (or any personal
property included as part of any such lease) which provides that such Person is contractually obligated to purchase or cause a third party to purchase the leased property or pay an agreed upon residual value of the leased property to the lessor
(whether or not such lease transaction is characterized as an operating lease or a capitalized lease in accordance with GAAP) and (ii) the guarantee, direct or indirect, in any manner (including, without limitation, letters of credit and
reimbursement agreements in respect thereof), of any of the amounts set forth in (i) above. 

“Lien” means, with respect to any asset, any mortgage, lien, pledge, charge, security interest or
encumbrance of any kind in respect of such asset, whether or not filed, recorded or otherwise perfected under applicable law (including any conditional sale or other title retention agreement, any lease in the nature thereof, any option or other
agreement to sell or give a security interest in and any filing of or agreement to give any financing statement under the Uniform Commercial Code (or equivalent statutes) of any jurisdiction). 

“Person” means any individual, corporation, limited liability company, partnership, joint
venture, association, joint-stock company, trust, unincorporated organization or government or any agency or political subdivision thereof. 
 “Registration Rights Agreement” means that certain Registration Rights Agreement, dated February 24, 2012, by and among the Company and the Holders. 

“Securities Act” means the Securities Act of 1933, as amended. 

“Subsidiary” means, with respect to any specified Person: 

(1) any corporation, association or other business entity of which more than 50% of the total voting power of shares of
capital stock entitled (without regard to the occurrence of any contingency and after giving effect to any voting agreement or stockholders’ agreement that effectively transfers voting power) to vote in the election of directors, managers or
trustees of the corporation, association or other business entity is at the time owned or controlled, directly or indirectly, by that Person or one or more of the other Subsidiaries of that Person (or a combination thereof); and 

(2) any partnership (a) the sole general partner or the managing general partner of which is such Person or a
Subsidiary of such Person or (b) the only general partners of which are that Person or one or more Subsidiaries of that Person (or any combination thereof). 

  
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 “Trading Day” means, with respect to the Common
Stock, each Monday, Tuesday, Wednesday, Thursday and Friday, other than any day on which securities are not generally traded on The NASDAQ Stock Market (or its successor) or such other principal securities exchange or inter-dealer quotation system
on which the shares of Common Stock are then traded. 
 “Voting Shares” of any person
means capital shares or capital stock of such Person which ordinarily has voting power for the election of directors (or persons performing similar functions) of such person, whether at all times or only so long as no senior class of securities has
such voting power by reason of any contingency. 
 2. Interest; Payment of Principal of Note.

 (a) Interest. This Note shall bear interest on the Face Amount at a rate per annum equal to 3.00%
(subject to Section 5(c)). Interest on this Note shall accrue daily and be due and payable in arrears on each six-month anniversary of the Issue Date and at such other times as may be specified herein. All computations of interest shall be made
on the basis of a 360-day year and actual days elapsed (which results in more interest being paid than if computed on the basis of a 365-day year). Notwithstanding the foregoing, if an Event of Default shall have occurred and be continuing, this
Note shall bear interest on the Face Amount at a rate per annum equal to 5.00% (as may be further adjusted pursuant to Section 5(c)). 
 (b) Scheduled Payment of Principal. Unless paid earlier in accordance with the terms hereof, the Company shall deliver to the Holder of this Note cash in the amount of the Face Amount on
March 1, 2017 (the “Final Maturity Date”). 
 (c) Pro Rata Payment. The
Company agrees that any payments to the Holders of the Notes (including, without limitation, upon acceleration pursuant to Section 5) shall be made pro rata among all such Holders based upon the aggregate principal amount of the Notes held by
each such Holder. If any Holder of a Note obtains any payment (whether voluntary, involuntary, by application of offset or otherwise) on such Note in excess of such Holder’s pro rata share of payments obtained by all Holders of the Notes, such
Holder shall make payments to the other Holders of the Notes based on such participation in the Notes held by them as is necessary to cause such Holders to share the excess payment ratably among each of them as provided in this Section 2(c).

 3. Conversion Rights; Adjustments. The Holders of the Notes shall have conversion rights as follows
(the “Conversion Rights”): 
 (a) Holder’s Right to Convert. At any time
after the date hereof and prior and to the fifth Trading Day prior to the Final Maturity Date, the Holder shall have the right to convert the Face Amount of this Note, in whole or in part, at the option of the Holder thereof, at any time within the
period specified above and from time to time into a number of fully paid and nonassessable authorized but unissued Common Stock determined by dividing (x) the Face Amount proposed to be converted at such date by (y) the then effective
Conversion Price on the Conversion Date (as defined below) (each such conversion, a “Holder’s Optional Conversion”). 

  
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 (b) The “Conversion Price” at which Common Stock shall be
deliverable upon conversion of the Notes (the “Conversion Price”) shall initially be $ 7.0682. Such initial Conversion Price shall be subject to adjustment as provided below. 

(c) Mechanics of Conversion. 

(i) In order to exercise its rights pursuant to a Holder’s Optional Conversion, the Holder shall deliver written
notice in the form of Exhibit 1 to the Company stating that such Holder elects to convert all or part of the Face Amount represented by this Note. Such notice shall state the Face Amount of Notes which the Holder seeks to convert and shall be
accompanied within one (1) Trading Day by the Note or Notes subject to conversion. The date contained in the notice (which date shall be no earlier than the Trading Day immediately following the date of the notice) shall be the date of
conversion of the Note (such date of conversion, the “Conversion Date”) and the Holder shall be deemed to be the beneficial owner of the underlying Common Stock as of such date. 

(ii) The Holder of this Note shall be deemed to beneficially own the Common Stock underlying this Note as of the
applicable Conversion Date. Not later than three (3) Trading Days following the Conversion Date, the Company shall promptly issue and deliver to each Holder a certificate or certificates for the number of shares of Common Stock to which such
Holder is entitled and, in the case where only part of a Note is converted, the Company shall execute and deliver (at its own expense) a new Note of any authorized denomination as requested by a Holder in an aggregate principal amount equal to and
in exchange for the unconverted portion of the principal amount of the Note so surrendered. In lieu of delivering physical certificates representing the shares of Common Stock issuable upon conversion of Notes, provided the Company’s transfer
agent is participating in the Depository Trust Company (“DTC”) Fast Automated Securities Transfer program, upon request of the Holder, the Company may, at its election (and shall, if practicable and upon the reasonable
request of any Holder after the date six months after the initial issuance of this Note, and if the Holder is not an “affiliate” of the Company (as defined under the Securities Act of 1933, as amended), cause its transfer agent to
electronically transmit the shares of Common Stock issuable upon conversion of this Note to the Holder, by crediting the account of Holder’s prime broker with DTC through its Deposit Withdrawal Agent Commission (“DWAC”)
system, if such DWAC system is available for the issuance of such shares of Common Stock under the terms of this Note and the Agreement. The time periods for delivery described above shall apply to the electronic transmittals through the DWAC
system. The parties agree to coordinate with DTC to accomplish this objective. The conversions pursuant to Section 3 shall be deemed to have been made immediately prior to the opening of business on the applicable Conversion Date. The person or
persons entitled to receive the shares of Common Stock issuable upon such conversion shall be treated as the beneficial owner of such shares of Common Stock at the opening of business on the applicable Conversion Date 

(iii) Upon conversion of this Note in whole or in part, the Company shall pay to the Holder, substantially concurrently
with delivery of the shares of Common Stock issuable on such conversion, any accrued and unpaid interest, through the day preceding the Conversion Date, on the portion of the Face Amount represented by this Note that has been so converted. In
addition, upon conversion of this Note in whole or in part following a Change of 

  
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Control, the Company shall pay to the Holder, substantially concurrently with delivery of the shares of Common Stock issuable upon such conversion, an amount in cash equal to the interest that
would have accrued from such Conversion Date through the Final Maturity Date on the portion of the Face Amount represented by this Note that has been so converted if such Note (or portion of the Note) had not been converted (“Make-Whole
Interest”). 
 (iv) The Company shall at all times during which the Notes shall be outstanding, have and
keep available out of its authorized but unissued shares, for the purpose of effecting the conversion of the Notes, such number of its duly authorized shares of Common Stock as shall from time to time be sufficient to effect the conversion of all
outstanding Notes. In no event shall the Conversion Price be reduced to an amount less than the then par value of the Common Stock. 
 (v) No fractional shares of Common Stock shall be issued upon any conversion of the Notes pursuant to this Section 3. In lieu of fractional shares, the Company shall pay cash equal to such fraction
multiplied by the Closing Price of the Common Stock on the Conversion Date. 
 (vi) All Notes (or the portions
thereof) which shall have been surrendered for conversion as herein provided shall no longer be deemed to be outstanding and all rights with respect to such Notes, except only the right of the Holders thereof to receive shares of Common Stock in
exchange therefor, accrued and unpaid interest and Make-Whole Interest, if applicable, each as described in Section 3(b)(iii) and, if applicable, cash for any fractional shares of Common Stock. Any Notes, to the extent so converted, shall be
retired and canceled. 
 (vii) If any conversion pursuant to this Section 3 is in connection with an
underwritten offering of securities registered pursuant to the Securities Act, the conversion may, at the option of any Holder tendering Notes for conversion, be conditioned upon the closing with the underwriter of the sale of the shares of Common
Stock issuable to such Holder in connection with such conversion pursuant to such offering, in which event the Holders entitled to receive the shares of Common Stock issuable upon such conversion of the Notes shall not be deemed to have converted
such Notes until immediately prior to the closing of the sale of securities. 
 (d) Adjustment for Share
Splits and Combinations. If the Company shall at any time or from time to time after the Issue Date effect a subdivision of the outstanding shares of Common Stock, the Conversion Price and Conversion Price Floor (as defined in Section 3(e))
then in effect immediately before that subdivision shall be proportionately decreased. If the Company shall at any time or from time to time after the Issue Date combine the outstanding shares of Common Stock, the Conversion Price and Conversion
Price Floor then in effect immediately before the combination shall be proportionately increased. Any adjustment under this paragraph shall become effective at the close of business on the date the subdivision or combination becomes effective.

 (e) Adjustment for Certain Dividends and Distributions. In the event the Company at any time or from
time to time after the Issue Date shall make or issue a dividend or 

  
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other distribution payable in (x) additional shares of Common Stock, then and in each such event the Conversion Price shall be decreased as of the time of such issuance, by multiplying such
Conversion Price by a fraction, the numerator of which shall be the total number of shares of Common Stock outstanding immediately prior to such issuance and the denominator of which shall be the total number of shares of Common Stock outstanding
immediately prior to such issuance plus the number of such additional shares of Common Stock issuable in payment of such dividend or distribution; (y) in cash, then and in each such event, the Conversion Price shall be decreased as of the time
of such issuance, by multiplying such Conversion Price by a fraction, the numerator of which shall be the Closing Price of the Common Stock on the Trading Day immediately preceding the ex-dividend date for such dividend and distribution minus the
amount in cash per share of Common Stock that the Company dividends or distributes, and the denominator of which shall be the Closing Price of the Common Stock on the Trading Day immediately preceding the ex-dividend date for such dividend and
distribution; (z) shares of capital stock of the Company, evidences of indebtedness, or any other asset (collectively, the “Distributed Property”), then and in each such event, the Conversion Price shall be decreased as of the
time of such issuance, by multiplying such Conversion Price by a fraction, the numerator of which shall be the Closing Price of the Common Stock on the Trading Day immediately preceding the ex-dividend date for such dividend and distribution minus
the fair market value (as determined in good faith by the Company’s board of directors) of the Distributed Property distributed with respect to each share of Common Stock, and the denominator of which shall be the Closing Price of the Common
Stock on the Trading Day immediately preceding the ex-dividend date for such dividend and distribution. Notwithstanding the foregoing, in no event shall the Conversion Price be reduced below $5.99 (as may be adjusted pursuant to Section 3(d),
the “Conversion Price Floor”) pursuant to this clause (e). If a distribution or dividend would cause the Conversion Price to be below the Conversion Price Floor if not for the immediately preceding sentence, the Company shall
allow the Holder to participate in the dividend or distribution as if it held the number of shares of Common Stock that this Note would be convertible into at the close of business on the day immediately preceding the ex-dividend date or effective
date, as the case may be, for such distribution or dividend, and no adjustment shall be made to the Conversion Price as a result of such distribution or dividend. 

(f) Adjustment for Reclassification, Exchange or Substitution. If the shares of Common Stock issuable upon the
conversion of the Notes shall be changed into the same or a different number of shares of any class or classes of shares, whether by capital reorganization, reclassification, or otherwise (other than a subdivision or combination of shares, share
dividend or reorganization, reclassification, merger, consolidation or asset sale provided for elsewhere in this Section 3), then and in each such event the Holder of each Note (whether then outstanding or thereafter issued) shall have the
right thereafter to convert such Note into the kind and amount of shares and other securities and property receivable upon such reorganization, reclassification, or other change, by holders of the number of shares of Common Stock into which all such
Notes might have been converted immediately prior to such reorganization, reclassification, or change, all subject to further adjustment as provided herein or with respect to such other securities or property by the terms thereof. 

(g) Reorganizations, Mergers, Consolidations or Asset Sales. If at any time after the Issue Date there is a tender
offer, exchange offer, merger, consolidation, 

  
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recapitalization, sale of all or substantially all of the Company’s assets or reorganization involving the shares of Common Stock (collectively, a “Capital
Reorganization”) (other than a merger, consolidation, sale of assets, recapitalization, subdivision, combination, reclassification, exchange or substitution of shares provided for elsewhere in this Section 3), as part of such
Capital Reorganization, provision shall be made so that the Holders of Notes will thereafter be entitled to receive upon conversion of the Notes the number of shares or other securities or property of the Company to which a holder of the number of
shares of Common Stock deliverable upon conversion immediately prior to such Capital Reorganization would have been entitled on such Capital Reorganization, subject to adjustment in respect to such shares or securities by the terms thereof. In any
such case, appropriate adjustment will be made in the application of the provisions of this Section 3 with respect to the rights of the Holders of Notes after the Capital Reorganization to the end that the provisions of this Section 3
(including adjustment of the Conversion Price then in effect and the number of shares issuable upon conversion of the Notes) and the provisions of the Agreement and the Registration Rights Agreement will be applicable after that event and be as
nearly equivalent as practicable. In the event that the Company is not the surviving entity of any such Capital Reorganization, each Note shall become Notes of such surviving entity, with the same powers, rights and preferences as provided herein.

 (h) No Impairment. The Company will not, by amendment of its Certificate of Incorporation or through
any reorganization, transfer of assets, consolidation, merger, dissolution, issue or sale of securities or any other voluntary action, avoid or seek to avoid the observance or performance of any of the terms to be observed or performed hereunder by
the Company, but will at all times in good faith assist in the carrying out of all the provisions of this Section 3 and in the taking of all such action as may be necessary or appropriate in order to protect the conversion rights of the Holders
of the Notes against impairment to the extent required hereunder. 
 (i) Certificate as to Adjustments or
Distributions. Upon the occurrence of each adjustment of the Conversion Price or distribution to holders pursuant to this Section 3, the Company at its expense shall promptly compute such adjustment or distribution in accordance with the
terms hereof and furnish to each Holder, if any, of Notes outstanding a certificate setting forth the terms of such adjustment or distribution and showing in detail the facts upon which such adjustment or distribution are based and shall file a copy
of such certificate with its corporate records. 
 (j) Notice of Record Date. In the event: 

(i) that the Company declares a dividend (or any other distribution) on its Common Stock payable in shares of Common
Stock, securities, or other assets, rights or properties; 
 (ii) that the Company subdivides or combines its
outstanding shares of Common Stock; 

  
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 (iii) of any reclassification of the shares of Common Stock (other than a
subdivision or combination of the Company’s outstanding shares of Common Stock or a share dividend or share distribution thereon); 
 (iv) of any Capital Reorganization; or 
 (v) of the involuntary
or voluntary dissolution, liquidation or winding up of the Company; 
 then the Company shall cause to be filed at its principal
office, and shall cause to be mailed to the Holders of the Notes at their last addresses as shown on the records of the Company, at least ten (10) days prior to the record date specified in (A) below or twenty (20) days prior to the
date specified in (B) below, a notice stating: 
 (A) the record date of such dividend, distribution,
subdivision or combination, or, if a record is not to be taken, the date as of which the holders of shares of Common Stock of record to be entitled to such dividend, distribution, subdivision or combination are to be determined, or 

(B) the date on which such reclassification, Capital Reorganization, dissolution, liquidation or winding up is expected
to become effective, and the date as of which it is expected that holders of shares of Common Stock of record shall be entitled to exchange their shares of Common Stock for securities or other property deliverable upon such reclassification, Capital
Reorganization, dissolution or winding up 
 (k) Notice of Adjustment to Conversion Price. The Company
will provide notice to each Holder upon the occurrence of any adjustment to the Conversion Price. 
 4.
Repurchase Right Upon a Change of Control. 
 (a) Upon the occurrence of a Change of Control, each
Holder of Notes will have the right to require the Company to repurchase all or any part of its Notes pursuant to an offer as provided in this Section 4 (the “Change of Control Offer”) at an offer price in cash equal to
101% of the Face Amount of its Notes, plus any accrued and unpaid interest as of the Change of Control Payment Date (as defined in Section 4(b)(i)) (the “Change of Control Payment”). 

(b) On or before the 30th day after a Change of Control, the Company shall give to all Holders of Notes notice (the
“Change of Control Notice”) of the occurrence of the Change of Control and of the Holder’s right to receive the Change of Control Payment arising as a result thereof. Each notice of the Holder’s right to participate
in the Change of Control Offer (the “Change of Control Repurchase Right”) shall be mailed to the Holders of the Notes at their last address as shown in the Note Register and shall state: 

(i) the date on which the Notes shall be repurchased (the “Change of Control Payment Date”),
which date shall be no earlier than 30 days and no later than 60 days from the date of the Company’s delivery of the Change of Control Notice; 

  
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 (ii) the date by which the Change of Control Repurchase Right must be
exercised, which date shall be no earlier than the close of business on the Trading Day immediately prior to the Change of Control Payment Date; 
 (iii) the amount of the Change of Control Payment; 
 (iv) a
description of the procedure which a Holder must follow to exercise the Change of Control Repurchase Right, and the place or places where the Notes are to be surrendered for payment of the Change of Control Payment; and 

(v) the Conversion Price then in effect and the place where such Notes may be surrendered for conversion. 

No failure by the Company to give the Change of Control Notice and no defect in any Change of Control Notice shall limit
any Holder’s right to exercise its Change of Control Repurchase Right or affect the validity of the proceedings for the repurchase of Notes. 
 If any of the foregoing provisions or other provisions of this Section 4 are inconsistent with applicable law, such law shall govern. 

(c) To exercise the Change of Control Repurchase Right, a Holder shall deliver to the Company, on or before the Trading
Day immediately prior to the Change of Control Payment Date, (i) written notice of the Holder’s exercise of such right, which notice shall set forth the name of the Holder, the Face Amount of Notes held by such Holder to be repurchased,
and a statement that an election to exercise the Change of Control Repurchase Right is being made thereby, and (ii) the Notes with respect to which the Change of Control Repurchase Right is being exercised. Such written notice shall be
irrevocable, except that the right of the Holder to convert the Notes shall continue until midnight (Eastern Time) on the Trading Day immediately preceding the Change of Control Repurchase Date. 

(d) On the Change of Control Payment Date, the Company will (i) accept for payment all Notes or portions thereof
properly tendered pursuant to the Change of Control Offer and (ii) deliver cash in the amount of the Change of Control Payment to each Holder in respect of all Notes or portions thereof so tendered. All Notes repurchased by the Company shall be
canceled immediately by the Company 
 (e) The Company shall publicly announce the results of the Change of
Control Offer on or as soon as practicable after the Change of Control Payment Date. 
 (f) The Company will
comply with the requirements of Rule 14e-1 under the Exchange Act and any other securities laws and regulations thereunder to the extent such laws and regulations are applicable in connection with the repurchase of the Notes as a result of a Change
of Control. 
 (g) Any Note which is to be repurchased only in part shall be surrendered to the Company and the
Company shall execute and make available for delivery to the Holder of such Note without service charge, a new Note or Notes, containing identical terms and conditions, each in an authorized denomination in aggregate principal amount equal to and in


  
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exchange for the unrepurchased portion of the principal of the Note so surrendered. Any Notes surrendered to the Company pursuant to the provisions of this Section 4 shall be retired and
cancelled. 
 (h) The Company will not be required to make a Change of Control Offer upon a Change of Control if
a third party makes the Change of Control Offer in the manner, at the times and otherwise in compliance with the requirements set forth in this Section 4 applicable to a Change of Control Offer made by the Company and purchases all Notes
validly tendered and not withdrawn under such Change of Control Offer. 
 5. Events of Default.

 (a) Definitions. For purposes of this Note, the following events shall constitute an “Event
of Default”: 
 (i) default in payment when due (whether at the Final Maturity Date or upon an
earlier repurchase) of the principal of, or premium, if any, on this Note; 
 (ii) default in the payment of an
installment of interest on the Notes, which failure continues for thirty (30) days after the date when due; 
 (iii) failure by the Company for thirty (30) days after notice from the Holders of at least 50% in principal amount of the then outstanding Notes to comply with the provisions of Section 4 or
Section 6 of this Note; 
 (iv) failure by the Company for sixty (60) days after notice from the
Holders of at least 50% in principal amount of the then outstanding Notes to comply with any of its other agreements in this Note or the Agreement (other than Section 8.6(a) of the Agreement); 

(v) default under any mortgage, indenture or instrument under which there may be issued or by which there may be secured
or evidenced any Debt for money borrowed by the Company (or the payment of which is guaranteed by the Company, whether such Debt or guarantee now exists, or is created after the date of the Issue Date, which default (a) is caused by a failure
to pay principal of or premium, if any, or interest on such Debt prior to the expiration of the grace period provided in such Debt on the date of such default or (b) results in the acceleration of such Debt prior to its express maturity and, in
each case in clause (a) or (b), the principal amount of any such Debt, together with the principal amount of any other such Debt that has not been paid when due, or the maturity of which has been so accelerated, aggregates $10,000,000 or more;

 (vi) failure by the Company to pay final judgments aggregating in excess of $10,000,000, which judgments are
not paid, discharged or stayed for a period of sixty (60) days; 
 (vii) the Company: 

(A) commences a voluntary case under any Bankruptcy Law, 

(B) consents to the entry of an order for relief against it in an involuntary case under any Bankruptcy Law, 


  
 12 









 (C) consents to the appointment of a custodian of it or for all or
substantially all of its property, 
 (D) makes a general assignment for the benefit of its creditors, or

 (E) is unable to pay its debts as they become due; or 

(viii) a court of competent jurisdiction enters an order or decree under any Bankruptcy Law that: 

(A) is for relief against the Company; 

(B) appoints a custodian of the Company or any of its Significant Subsidiaries or for all or substantially all of the
property of the Company; or 
 (C) orders the liquidation of the Company; and the order or decree remains
unstayed and in effect for sixty (60) consecutive days; or 
 (ix) failure by the Company to deliver when
due the consideration deliverable upon conversion of this Note, which failure shall continue for a period of five days. 
 (b) Notice of Compliance. The Company shall be required to deliver to the Holders annually a statement regarding compliance with this Note, and the Company shall be required within thirty
(30) days of becoming aware of any Default or Event of Default to deliver to the Holders a statement specifying such Default or Event of Default. 
 (c) Acceleration. If any Event of Default occurs and is continuing, the Holders of at least 50% in principal amount of the then outstanding Notes may declare all the Notes to be due and payable
immediately. Notwithstanding the foregoing, in the case of an Event of Default described in Section 5(vii) or (viii) with respect to the Company all outstanding Notes will become due and payable without further action or notice. The
Holders of a majority in aggregate principal amount of the then outstanding Notes may on behalf of all of the Holders rescind an acceleration and its consequences if the rescission would not conflict with any judgment or decree and if all existing
Events of Default (except nonpayment of principal that has become due solely because of the acceleration) have been cured or waived. Notwithstanding the foregoing (or anything to the contrary in the Agreement), the sole remedy of the Holders for a
failure by the Company to comply with Section 8.6 of the Agreement shall, for the first 365 days after the occurrence of such failure, be the right, by notice to the Company by holders of a majority in aggregate principal amount of the Notes
then outstanding, to increase in the rate of interest on this Note to 6% for the first 180 days of such failure, and to 9% thereafter (which increased interest shall constitute liquidated damages for such failure). 

(d) Waiver of Past Defaults. The Holders of a majority in aggregate principal amount of the Notes then outstanding
may, on behalf of the Holders of all of the Notes, waive any existing Default or Event of Default and its consequences under this Note except a continuing Default or Event of Default in the payment of the principal of, or premium on, the Notes. Upon
any such waiver, such Default shall cease to exist, and any Event of Default arising 

  
 13 









 
therefrom shall be deemed to have been cured for every purpose of this Note, but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon. 

(e) Control by Majority. Holders of a majority in aggregate principal amount of the then outstanding Notes may
direct the time, method and place of conducting any proceeding for exercising any remedy available upon an Event of Default. 
 (f) Rights of Holders of Notes to Receive Payment. Notwithstanding any other provision of this Note, the right of the Holder of this Note to receive payment of the principal of, and premium on,
this Note, on or after the respective due dates expressed in the Note (including in connection with a redemption or an offer to purchase), or to bring suit for the enforcement of any such payment on or after such respective dates, shall not be
impaired or affected without the consent of such Holder 
 6. Limitation on Debt and Liens. The Company
will not, and will not permit its Subsidiaries to, directly or indirectly, create, incur, issue, assume, guarantee or otherwise become directly or indirectly liable, contingently or otherwise, with respect to any Debt, and the Company will not issue
any Disqualified Stock and the Company will not permit its Subsidiaries to issue shares of preferred stock except for: 
 (a) Debt in an amount outstanding at any time not to exceed the greater of (i) $200 million in aggregate principal amount or (ii) 50% of the Company’s total consolidated assets (as set
forth on its most recent balance sheet prepared in accordance with GAAP and filed with the Securities and Exchange Commission after giving effect to any reductions or additions to assets in accordance with GAAP since the date of such balance sheet)
(and provided that Debt incurred pursuant to this clause (a) that is secured by a Lien on assets of the Company shall not exceed the greater of (i) $125 million in aggregate principal amount or (ii) 30% of the Company’s total
consolidated assets (as set forth on its most recent balance sheet prepared in accordance with GAAP); 
 (b)
Debt in existence on the Closing Date; 
 (c) the incurrence by the Company or any of its Subsidiaries of Debt
represented by Capital Lease Obligations, mortgage financings or purchase money obligations, in each case, incurred for the purpose of financing all or any part of the purchase price or cost of design, construction, installation or improvement of
property, plant or equipment used in the business of the Company or any of its Subsidiaries. 
 (d) Debt of the
Company that is (i) contractually subordinated in right of payment to the Notes, (ii) matures 91 days after the Notes and (iii) is less than $50 million in aggregate principal amount at any one time outstanding; 

(e) Debt of the Company (A) in respect of performance, surety or appeal bonds or letters of credit in the ordinary
course of business, or (B) under interest rate, currency, commodity or similar hedges, swaps and other derivatives entered into with one or more financial institutions that is designed to protect such the Company against fluctuations in
interest rates or currency exchange rates, commodity prices or other market fluctuations and is not entered into for speculative purposes; and 

  
 14 









 (f) Debt which is exchanged for or the proceeds of which are used to
refinance or refund, or any extension or renewal of (each a “refinancing”), (1) the Notes or (2) debt in existence on the Closing Date, and (3) Debt incurred pursuant to clause (c) of this paragraph, in each case in an
aggregate principal amount not to exceed the principal amount of the Debt so refinanced (together with any accrued interest and any premium and other payment required to be made with respect to the Debt being refinanced or refunded, and any fees,
costs, expenses, underwriting discounts or commissions and other payments paid or payable with respect to the Debt incurred pursuant to this clause (f)); provided, however, that (A) Debt, the proceeds of which are used to refinance the
Notes, or Debt which is pari passu with or subordinate in right of payment to the Notes, shall only be permitted if (x) in the case of any refinancing of the Notes or Debt which is pari passu to the Notes, the refinancing Debt is Incurred by
the Company and made pari passu to the Notes or subordinated to the Notes, and (y) in the case of any refinancing of Debt which is subordinated to the Notes, the refinancing Debt is incurred by the Company and is subordinated to the Notes in a
manner that is at least as favorable to the Holders as that of the Debt refinanced; (B) refinancing Debt with respect to Debt incurred pursuant to clause (c) of this paragraph shall not be secured by a Lien on any assets other than the
assets securing the Debt so refinanced, and any improvements or additions thereto, and (C) the refinancing Debt by its terms, or by the terms of any agreement or instrument pursuant to which such Debt is issued, does not have a final maturity
prior to the final maturity of the Debt being refinanced. 
 For purposes of determining compliance with this
Section 6, in the event that an item of Debt meets the criteria of more than one of the types of Debt described in the above clauses the Company, in its sole discretion, shall classify, and from time to time may reclassify, such item of Debt.

 The Company will not create, incur, assume or suffer to exist any Lien of any kind on any asset now owned or
hereafter acquired, except for (a) the Liens described in Section 6(a) and 6(c) (including the refinancing of Liens described in Section 6(c) pursuant to Section 6(f)), (b) Permitted Liens, and (c) any Liens in
existence on the Closing Date (including the refinancing thereof pursuant to Section 6(f)). 
 As used
herein, “Permitted Liens” means the following: (a) Liens for taxes, assessments and governmental charges or levies that are not overdue for a period of more than thirty (30) days or which are being contested in good faith;
(b) Liens imposed by law, such as materialmen’s, mechanics’, carriers’, workmen’s and repairmen’s Liens and other similar Liens securing obligations that are not overdue for a period of more than thirty (30) days
or that are being contested in good faith; (c) pledges or deposits to secure obligations under workers’ compensation laws or similar legislation or to secure public or statutory obligations; (d) easements, rights of way and other
encumbrances on title to real property that do not render title to the property encumbered thereby unmarketable or materially adversely affect the use of such property for its present purposes; (e) Liens to secure the performance of bids, trade
contracts, leases, statutory obligations, surety and appeal bonds, performance bonds and other obligations of a like nature; (f) landlords’ Liens under leases; (g) Liens consisting of leases, subleases, licenses or sublicenses granted
to others and not interfering in any material respect with the business of the Company and its Subsidiaries, taken as a whole, and any interest or title of a lessor or licensor under any lease or license, as applicable; (h) Liens arising solely
by virtue 

  
 15 









 
of any statutory or common law provision relating to banker’s Liens, rights of set-off or similar rights and remedies as to deposit accounts or other funds maintained with a creditor
depository institution; and (i) Liens securing judgments for the payment of money not constituting an Event of Default under Section 5(a)(vi) or securing appeal or other surety bonds related to such judgments. 

7. Successors. 
 (a) Merger, Consolidation or Sale of Assets. The Company shall not consolidate or merge with or into (whether or not the Company is the surviving corporation), or sell, assign, transfer, lease,
convey or otherwise dispose of all or substantially all of its properties or assets in one or more related transactions, to another corporation, Person or entity unless: 

(i) the entity or Person formed by or surviving any such consolidation or merger (if other than the Company), or the
parent company thereof, or the entity or Person to which such sale, assignment, transfer, lease, conveyance or other disposition shall have been made assumes all the obligations of the Company under the Notes and the Agreement; and 

(ii) immediately after such transaction no Default or Event of Default exists. 

(b) Successor Corporation Substituted. Upon any consolidation or merger or any transfer of all or substantially
all of the assets of the Company in accordance with Section 7(a) hereof, the successor Person formed by such consolidation or into which the Company is merged, or the parent company thereof, or to which such transfer is made shall succeed to
and (except in the case of a lease) be substituted for (so that from and after the date of such consolidation, merger or transfer, the provisions of this Note, the Agreement and the Registration Rights Agreement referring to the “Company”
shall refer instead to the successor Person and not to the Company), and may exercise every right and power of, the Company under this Note and the Agreement with the same effect as if such successor Person had been named herein as the Company, and
(except in the case of a lease) the Company shall be released from the obligations under the Notes and the Agreement except with respect to any obligations that arise from, or are related to, such transaction. 

8. Amendment and Waiver. Except as otherwise expressly provided herein, the provisions of this Note may be amended
and the Company may take any action herein prohibited, or omit to perform any act herein required to be performed by it, only if the Company has obtained the written consent of the Holders of at least a majority of the aggregate principal amount
then outstanding of the Notes; provided that no such action shall change (i) the amount of Notes whose Holders must consent to an amendment, (ii) reduce the amount of or any provision relating to the scheduled payment of principal of the
Notes, (iii) change the time at which any Note must be repurchased or amend the conversion rights as set forth under Sections 3 or 4, (iv) make any Note payable in any money or at any place other than as stated in the Note, (v) impair the
right of any Holder to receive payments of principal of, or premium on, such Holder’s Notes on or after the due dates therefore or to institute suit for the enforcement of any payment on or with respect to such Holder’s Notes, or
(vi) make any change in the amendment provisions which require each Holder’s consent or in the waiver provisions, in each such case without the consent of the applicable Holder if such change is adverse to such Holder. 

  
 16 









 9. Place of Payment. Payments of principal, interest, and premium, if
any, consideration deliverable upon conversion of this Note (unless otherwise specified in the conversion notice) and all notices and other communications to the Investor hereunder or with respect hereto are to be delivered to the Investor at the
address identified in the Agreement or to such other address or to the attention of such other person as specified by prior written notice to the Company, including any transferee of this Note. 

10. Costs of Collection. In the event that the Company fails to (a) pay when due (including, without
limitation upon acceleration in connection with an Event of Default) the full amount of principal, interest and/or premium hereunder or (b) deliver when due the consideration deliverable upon conversion of this Note, the Company shall indemnify
and hold harmless the Holder of any portion of this Note from and against all reasonable costs and expenses incurred in connection with the enforcement of this provision or collection of such principal, interest, premium and/or consideration,
including, without limitation, reasonable attorneys’ fees and expenses. 
 11. Waivers. The Company
hereby waives presentment, demand, notice, protest and all other demands and notices in connection with the delivery, acceptance, performance, default or enforcement of this Note. 

12. Benefits of the Agreement. The Investor and all transferees of this Note (to the extent such transfer is
permitted by the Agreement) shall be entitled to the rights and benefits granted to them in the Agreement. 

13. Registration of Transfer and Exchange Generally. 

(a) Registration, Registration of Transfer and Exchange Generally. The Company shall keep at its principal
executive offices a register (the register maintained in such being herein sometimes collectively referred to as the “Note Register”) in which the Company shall provide for the registration of Notes and of transfers and
exchanges of Notes. 
 Subject to the provisions of the Agreement regarding restrictions on transfer and
provided the transferee agrees to be bound by the terms of the Agreement, upon surrender for registration of transfer of any Note at its principal executive office, the Company shall execute and deliver, in the name of the designated transferee or
transferees, one or more new Notes in denominations requested by the transferee (which denominations shall not be less than $1,000,000 per Note (unless the transferor holds a lesser denomination, in which case no such restriction shall apply)), of a
like aggregate principal amount and bearing such restrictive legends as may be required by law. 
 At the option
of a Holder, Notes may be exchanged for other Notes of any authorized denominations, of a like aggregate principal amount and bearing such restrictive legends as may be required by law upon surrender of the Notes to be exchanged at the
Company’s principal executive offices. Whenever any Notes are so surrendered for exchange, the Company shall execute and make available for delivery the Notes that the Holder making the exchange is entitled to receive. 

  
 17 









 All Notes issued upon any registration of transfer or exchange of Notes
shall be the valid obligations of the Company, evidencing the same debt, and entitled to the same benefits as the Notes surrendered upon such registration of transfer or exchange. 

Every Note presented or surrendered for registration of transfer or for exchange shall (if so required by the Company) be
duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company, duly executed by the Holder thereof or his attorney duly authorized in writing. 

No service charge shall be made for any registration of transfer or exchange of Notes. 

(b) Mutilated, Destroyed, Lost and Stolen Notes. If any mutilated Note is surrendered to the Company, the Company
shall execute and make available for delivery in exchange therefor a new Note of like tenor and principal amount and bearing a number not contemporaneously outstanding. 

If there shall be delivered to the Company (i) evidence to its reasonable satisfaction of the destruction, loss or
theft of any Note and (ii) such indemnity as may be reasonably requested by the Company to save itself harmless, then, in the absence of notice to the Company that such Note has been acquired by a protected purchaser, the Company shall execute
and make available for delivery, in lieu of any such destroyed, lost or stolen Note, a new Note of like tenor and principal amount and bearing a number not contemporaneously outstanding. 

Every new Note issued pursuant to this Section 13 in lieu of any mutilated, destroyed, lost or stolen Note shall
constitute an original additional contractual obligation of the Company, whether or not the destroyed, lost or stolen Note shall be at any time enforceable by anyone. 

The provisions of this Section 13 are exclusive and shall preclude (to the extent lawful) all other rights and
remedies with respect to the replacement or payment of mutilated, destroyed, lost or stolen Notes. 
 14.
Governing Law. 
 (a) THIS NOTE, AND THE PROVISIONS, RIGHTS, OBLIGATIONS, AND CONDITIONS SET FORTH HEREIN,
AND THE LEGAL RELATIONS BETWEEN THE PARTIES HERETO, INCLUDING ALL DISPUTES AND CLAIMS, WHETHER ARISING IN CONTRACT, TORT, OR UNDER STATUTE, SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK WITHOUT GIVING EFFECT
TO ITS CONFLICT OF LAW PROVISIONS. 
 (b) Any and all disputes arising out of, or in connection with, the
interpretation, performance, or nonperformance of this Note or any and all disputes arising out of, or in connection with, transactions in any way related to this Note and/or the relationship between the parties shall be litigated solely and
exclusively before the United States District Court for the Southern District of New York. The parties consent to the in personam jurisdiction of said court for the purposes of any such litigation, and waive, fully and completely, any right to
dismiss and/or transfer any action pursuant to 28 U.S.C. § 1404 or 1406 (or any successor statute). In the event the United States District Court for the Southern District of New York does


  
 18 









 
not have subject matter jurisdiction of said matter, then such matter shall be litigated solely and exclusively before the appropriate state court of competent jurisdiction located in the state
of New York. 
 15. Notices. All notices, requests, and other communications hereunder shall be in
writing and will be deemed to have been duly given and received (a) when personally delivered, (b) when sent by facsimile upon confirmation of receipt, (c) one business day after the day on which the same has been delivered prepaid to
a nationally recognized courier service, or (d) five business days after the deposit in the United States mail, registered or certified, return receipt requested, postage prepaid, in each case addressed to Amyris, Inc., 5885 Hollis Street,
Suite 100, Emeryville, CA 94608, Attn: General Counsel, facsimile number: (510) 740-7416, with a copy to Fenwick & West LLP, 801 California Street, Mountain View, CA 94041, Attn: Dan Winnike, Esq., facsimile number:
(650) 938-5200, and as to the Investor at the address and facsimile number set forth in the Agreement. Any party hereto from time to time may change its address, facsimile number, or other information for the purpose of notices to that party by
giving notice specifying such change to the other parties hereto. Each Investor and the Company may each agree in writing to accept notices and other communications to it hereunder by electronic communications pursuant to procedures reasonably
approved by it; provided that approval of such procedures may be limited to particular notices or communications. 
 [Signature
Page Follows] 

  
 19 









 IN WITNESS WHEREOF, the Company has executed and delivered this Note on
February 27, 2012. 
  

			
	AMYRIS, INC.
		
	 By:
	 	  

	 Name:
	 	
	 Title:
	 	









 EXHIBIT 1 
 (To be Executed by Registered Holder in order to Convert Note) 

CONVERSION NOTICE 
 FOR 
 SENIOR UNSECURED CONVERTIBLE NOTE DUE 2017 

The undersigned, as Holder of the Senior Unsecured Convertible Note due 2017 of AMYRIS, INC., (the
“Company”), in the outstanding principal amount of U.S. $             (the “Note”), hereby elects to convert that portion of the
outstanding principal amount of the Note shown on the next page into shares of the Company’s common stock, $0.0001 par value per share (the “Common Stock”), of the Company, accrued and unpaid interest and Make-Whole
Interest, if any, in accordance with and in compliance with the conditions of the Note, as of the date written below. The undersigned hereby requests that share certificates for the shares of Common Stock to be issued to the undersigned pursuant to
this Conversion Notice be issued in the name of, and delivered to, the undersigned or its designee as indicated below. If shares are to be issued in the name of a person other than the undersigned, the undersigned will pay all transfer taxes payable
with respect thereto. No fee will be charged to the Holder for any conversion, except for transfer taxes, if any. 
  

							
	 Conversion Information:
	 		 	NAME OF HOLDER:
				
		 		 	 By:
	 	  

		 		 	 Print Name:

		 		 	 Print Title:

			
		 		 	 Print Address of Holder

			
		 		 	  

		 		 	
 



 

							
		 		 	 Issue Common Stock:
	 	  



 

							
		 		 	  at:
	 	  



							
			
		 		 	 Electronically transmit and credit Common

Stock to
                                   at:
                                        


		 		 	  

			
		 		 	 Date of Conversion

			
		 		 	  

			
		 		 	 Applicable Conversion Price

			
		 		 	  


 THE COMPUTATION OF THE NUMBER OF SHARES OF COMMON STOCK TO 

BE RECEIVED IS SET FORTH ON THE ATTACHED PAGE 








			
	 Page 2 to Conversion Notice for:
	 	  

		 	(Name of Holder)

 COMPUTATION OF NUMBER OF COMMON SHARES TO BE RECEIVED 

 

							
	 Face Amount converted:
	 		  	$	                  	  
			
	 Conversion Price
	 		  	$	 	  
			
	 Number of shares of Common

Stock =
	 	Total dollar amount converted =	  	$	 	  
		 	Conversion Price	  			
			
	 Number of shares of Common

Stock =
	 		  			

 If the conversion is not being settled by DTC, please
issue and deliver              certificate(s) for shares of Common Stock in the following amount(s): 
  

	
	  

	
	  

	
	  

	
	  


 Please issue and deliver
             new Note(s) in the following amounts: