Document:

exv10w6

Exhibit 10.6

CERES, INC.

STOCK PURCHASE AGREEMENT

          AGREEMENT made this ____ day of ________________ ____, by and between Ceres, Inc., a Delaware
corporation, and ________________, Optionee under the Corporation’s 2010 Stock Option/Stock
Issuance Plan.

          All capitalized terms in this Agreement shall have the meaning assigned to them in this
Agreement or in the attached Appendix.

     A. EXERCISE OF OPTION

          1. Exercise. Optionee hereby purchases _____ shares of Common Stock (the “Purchased
Shares”) pursuant to that certain option (the “Option”) granted Optionee on ________________, ____
(the “Grant Date”) to purchase up to ____________ shares of Common Stock (the “Option Shares”)
under the Plan at the exercise price of $__________ per share (the “Exercise Price”).

          2. Payment. Concurrently with the delivery of this Agreement to the Corporation,
Optionee shall pay the Exercise Price for the Purchased Shares in accordance with the provisions of
the Option Agreement and shall deliver whatever additional documents may be required by the Option
Agreement as a condition for exercise, together with a duly-executed blank Assignment Separate from
Certificate (in the form attached hereto as Exhibit I) with respect to the Purchased Shares.

          3. Stockholder Rights. Until such time as the Corporation exercises the Repurchase
Right or the First Refusal Right, Optionee (or any successor in interest) shall have all the rights
of a stockholder (including voting, dividend and liquidation rights) with respect to the Purchased
Shares, subject, however, to the transfer restrictions of Articles B and C.

     B. SECURITIES LAW COMPLIANCE

          1. Restricted Securities. The Purchased Shares have not been registered under the
1933 Act and are being issued to Optionee in reliance upon the exemption from such registration
provided by SEC Rule 701 for stock issuances under compensatory benefit plans such as the Plan.
Optionee hereby confirms that Optionee has been informed that the Purchased Shares are restricted
securities under the 1933 Act and may not be resold or transferred unless the Purchased Shares are
first registered under the Federal securities laws or unless an exemption from such registration is
available. Accordingly, Optionee hereby acknowledges that Optionee is prepared to hold the
Purchased Shares for an indefinite period and that Optionee is aware that SEC Rule 144 issued under
the 1933 Act which exempts certain resales of unrestricted securities is not presently available to
exempt the resale of the Purchased Shares from the registration requirements of the 1933 Act.

1

 

          2. Restrictions on Disposition of Purchased Shares. Optionee shall make no
disposition of the Purchased Shares (other than a Permitted Transfer) unless and until there is
compliance with all of the following requirements:

     (i) Optionee shall have provided the Corporation with a written summary of the terms
and conditions of the proposed disposition.

     (ii) Optionee shall have complied with all requirements of this Agreement applicable to
the disposition of the Purchased Shares.

     (iii) Optionee shall have provided the Corporation with written assurances, in form and
substance satisfactory to the Corporation, that (a) the proposed disposition does not
require registration of the Purchased Shares under the 1933 Act or (b) all appropriate
action necessary for compliance with the registration requirements of the 1933 Act or any
exemption from registration available under the 1933 Act (including Rule 144) has been
taken.

          The Corporation shall not be required (i) to transfer on its books any Purchased
Shares which have been sold or transferred in violation of the provisions of this Agreement
or (ii) to treat as the owner of the Purchased Shares, or otherwise to accord voting,
dividend or liquidation rights to, any transferee to whom the Purchased Shares have been
transferred in contravention of this Agreement.

          3. Restrictive Legends. The stock certificates for the Purchased Shares shall be
endorsed with one or more of the following restrictive legends:

     “The shares represented by this certificate have not been registered under the
Securities Act of 1933. The shares may not be sold or offered for sale in the
absence of (a) an effective registration statement for the shares under such Act,
(b) a “no action” letter of the Securities and Exchange Commission with respect to
such sale or offer or (c) satisfactory assurances to the Corporation that
registration under such Act is not required with respect to such sale or offer.”

     “The shares represented by this certificate are subject to certain repurchase
rights and rights of first refusal granted to the Corporation and accordingly may
not be sold, assigned, transferred, encumbered, or in any manner disposed of except
in conformity with the terms of a written agreement dated ________________,
____between the Corporation and the registered holder of the shares (or the
predecessor in interest to the shares). A copy of such agreement is maintained at
the Corporation’s principal corporate offices.”

     C. TRANSFER RESTRICTIONS

2

 

          1. Restrictions on Transfer. Except for any Permitted Transfer, Optionee shall not
transfer, assign, encumber or otherwise dispose of any of the Purchased Shares which are subject to
the Repurchase Right. In addition, Purchased Shares which are released from the Repurchase Right
shall not be transferred, assigned, encumbered or otherwise disposed of in contravention of the
First Refusal Right or the Market Stand-Off.

          2. Transferee Obligations. Each person (other than the Corporation) to whom the
Purchased Shares are transferred by means of a Permitted Transfer must, as a condition precedent to
the validity of such transfer, acknowledge in writing to the Corporation that such person is bound
by the provisions of this Agreement and that the transferred shares are subject to (i) the
Repurchase Right, (ii) the First Refusal Right and (iii) the Market Stand-Off, to the same extent
such shares would be so subject if retained by Optionee.

          3. Market Stand-Off.

          (a) In connection with any underwritten public offering by the Corporation of its equity
securities pursuant to an effective registration statement filed under the 1933 Act, including the
Corporation’s initial public offering, Owner shall not sell, make any short sale of, loan,
hypothecate, pledge, grant any option for the purchase of, or otherwise dispose of or transfer for
value or otherwise agree to engage in any of the foregoing transactions with respect to, any
Purchased Shares without the prior written consent of the Corporation or its underwriters. Such
restriction (the “Market Stand-Off”) shall be in effect for such period of time from and after the
effective date of the final prospectus for the offering as may be requested by the Corporation or
such underwriters. In no event, however, shall such period exceed one hundred eighty (180) days
and the Market Stand-Off shall in all events terminate two (2) years after the effective date of
the Corporation’s initial public offering.

          (b) Owner shall be subject to the Market Stand-Off provided and only if the officers
and directors of the Corporation are also subject to similar restrictions.

          (c) Any new, substituted or additional securities which are by reason of any Recapitalization
or Reorganization distributed with respect to the Purchased Shares shall be immediately subject to
the Market Stand-Off, to the same extent the Purchased Shares are at such time covered by such
provisions.

          (d) In order to enforce the Market Stand-Off, the Corporation may impose stop-transfer
instructions with respect to the Purchased Shares until the end of the applicable stand-off period.

3

 

     D. REPURCHASE RIGHT

          1. Grant. The Corporation is hereby granted the right (the “Repurchase Right”),
exercisable at any time during the sixty (60)-day period following the date Optionee ceases for any
reason to remain in Service or (if later) during the sixty (60)-day period following the execution
date of this Agreement, to repurchase at the Exercise Price any or all of the Purchased Shares in
which Optionee is not, at the time of his or her cessation of Service, vested in accordance with
the Vesting Schedule applicable to those shares or the special vesting acceleration provisions of
Paragraph D.6 of this Agreement (such shares to be hereinafter referred to as the “Unvested
Shares”).

          2. Exercise of the Repurchase Right. The Repurchase Right shall be exercisable by
written notice delivered to each Owner of the Unvested Shares prior to the expiration of the sixty
(60)-day exercise period. The notice shall indicate the number of Unvested Shares to be
repurchased and the date on which the repurchase is to be effected, such date to be not more than
thirty (30) days after the date of such notice. The certificates representing the Unvested Shares
to be repurchased shall be delivered to the Corporation on or before the close of business on the
date specified for the repurchase. Concurrently with the receipt of such stock certificates, the
Corporation shall pay to Owner, in cash or cash equivalents (including the cancellation of any
purchase-money indebtedness), an amount equal to the Exercise Price previously paid for the
Unvested Shares which are to be repurchased from Owner.

          3. Termination of the Repurchase Right. The Repurchase Right shall terminate with
respect to any Unvested Shares for which it is not timely exercised under Paragraph D.2. In
addition, the Repurchase Right shall terminate and cease to be exercisable with respect to any and
all Purchased Shares in which Optionee vests in accordance with the Vesting Schedule. All
Purchased Shares as to which the Repurchase Right lapses shall, however, remain subject to (i) the
First Refusal Right and (ii) the Market Stand-Off.

          4. Aggregate Vesting Limitation. If the Option is exercised in more than one
increment so that Optionee is a party to one or more other Stock Purchase Agreements (the “Prior
Purchase Agreements”) which are executed prior to the date of this Agreement, then the total number
of Purchased Shares as to which Optionee shall be deemed to have a fully vested interest under this
Agreement and all Prior Purchase Agreements shall not exceed in the aggregate the number of
Purchased Shares in which Optionee would otherwise at the time be vested, in accordance with the
Vesting Schedule, had all the Purchased Shares (including those acquired under the Prior Purchase
Agreements) been acquired exclusively under this Agreement.

          5. Recapitalization. Any new, substituted or additional securities or other property
(including cash paid other than as a regular cash dividend) which is by reason of any
Recapitalization distributed with respect to the Purchased Shares shall be immediately subject to
the Repurchase Right and any escrow requirements hereunder, but only to the extent the Purchased
Shares are at the time covered by such right or escrow requirements. Appropriate adjustments to
reflect such distribution shall be made to the number, kind and/or class of Purchased Shares
subject to this Agreement and to the price per share to be paid upon the
exercise of the Repurchase Right in order to reflect the effect of any such Recapitalization upon

4

 

the Corporation’s capital structure; provided, however, that the aggregate purchase
price shall remain the same.

          6. Corporate Transaction

          (a) The Repurchase Right shall automatically terminate in its entirety, and all the Purchased
Shares shall vest in full, immediately prior to the consummation of any Corporate Transaction,
except to the extent the Repurchase Right is to be assigned to the successor entity in such
Corporate Transaction. Notwithstanding the foregoing, with respect to any Purchased Shares that
are subject to Section 409A of the Code and payment or settlement for such Shares is to be
accelerated in connection with the Corporate Transaction, no Corporate Transaction will be deemed
to have occurred for purposes of the Plan and any award agreement unless such event(s) also
constitutes a “change in the ownership”, “change in the effective control” or a “change in the
ownership of a substantial portion of the assets” of the Corporation as defined under Section 409A
of the Code.

          (b) To the extent the Repurchase Right remains in effect following a Corporate
Transaction, such right shall apply to any new securities or other property (including any cash
payments) received in exchange for the Purchased Shares in consummation of the Corporate
Transaction, but only to the extent the Purchased Shares are at the time covered by such right.
Appropriate adjustments shall be made to the price per share payable upon exercise of the
Repurchase Right to reflect the effect of the Corporate Transaction upon the Corporation’s capital
structure; provided, however, that the aggregate purchase price shall remain the
same. The new securities or other property (including any cash payments) issued or distributed
with respect to the Purchased Shares in consummation of the Corporate Transaction shall be
immediately deposited in escrow with the Corporation (or the successor entity) and shall not be
released from escrow until Optionee vests in such securities or other property in accordance with
the same Vesting Schedule in effect for the Purchased Shares.

     E. RIGHT OF FIRST REFUSAL

          1. Grant. The Corporation is hereby granted the right of first refusal (the “First
Refusal Right”), exercisable in connection with any proposed transfer of the Purchased Shares in
which Optionee has vested in accordance with the provisions of Article D. For purposes of this
Article E, the term “transfer” shall include any sale, assignment, pledge, encumbrance or other
disposition of the Purchased Shares intended to be made by Owner, but shall not include any
Permitted Transfer.

          2. Notice of Intended Disposition. In the event any Owner of Purchased Shares in
which Optionee has vested desires to accept a bona fide third-party offer for the transfer of any
or all of such shares (the Purchased Shares subject to such offer to be hereinafter referred to as
the “Target Shares”), Owner shall promptly (i) deliver to the Corporation written notice (the
“Disposition Notice”) of the terms of the offer, including the purchase price and the identity of
the third-party offeror, and (ii) provide satisfactory proof that the disposition of the
Target Shares to such third-party offeror would not be in contravention of the provisions set forth
in Articles B and C.

5

 

          3. Exercise of the First Refusal Right. The Corporation shall, for a period of
twenty-five (25) days following receipt of the Disposition Notice, have the right to repurchase any
or all of the Target Shares subject to the Disposition Notice upon the same terms as those
specified therein or upon such other terms (not materially different from those specified in the
Disposition Notice) to which Owner consents. Such right shall be exercisable by delivery of
written notice (the “Exercise Notice”) to Owner prior to the expiration of the twenty-five (25)-day
exercise period. If such right is exercised with respect to all the Target Shares, then the
Corporation shall effect the repurchase of such shares, including payment of the purchase price,
not more than five (5) business days after delivery of the Exercise Notice; and at such time the
certificates representing the Target Shares shall be delivered to the Corporation.

          Should the purchase price specified in the Disposition Notice be payable in property other
than cash or evidences of indebtedness, the Corporation shall have the right to pay the purchase
price in the form of cash equal in amount to the value of such property. If Owner and the
Corporation cannot agree on such cash value within ten (10) days after the Corporation’s receipt of
the Disposition Notice, the valuation shall be made by an appraiser of recognized standing selected
by Owner and the Corporation or, if they cannot agree on an appraiser within twenty (20) days after
the Corporation’s receipt of the Disposition Notice, each shall select an appraiser of recognized
standing and the two (2) appraisers shall designate a third appraiser of recognized standing, whose
appraisal shall be determinative of such value. The cost of such appraisal shall be shared equally
by Owner and the Corporation. The closing shall then be held on the later of (i) the fifth
(5th) business day following delivery of the Exercise Notice or (ii) the fifth (5th) business day
after such valuation shall have been made.

          4. Non-Exercise of the First Refusal Right. In the event the Exercise Notice is not
given to Owner prior to the expiration of the twenty-five (25)-day exercise period, Owner shall
have period of thirty (30) days thereafter in which to sell or otherwise dispose of the Target
Shares to the third-party offeror identified in the Disposition Notice upon terms (including the
purchase price) no more favorable to such third-party offeror than those specified in the
Disposition Notice; provided, however, that any such sale or disposition must not
be effected in contravention of the provisions of Articles B and C. The third-party offeror shall
acquire the Target Shares free and clear of the First Refusal Right, but the acquired shares shall
remain subject to the provisions of Article B and Paragraph C.3. In the event Owner does not
effect such sale or disposition of the Target Shares within the specified thirty (30)-day period,
the First Refusal Right shall continue to be applicable to any subsequent disposition of the Target
Shares by Owner until such right lapses.

          5. Partial Exercise of the First Refusal Right. In the event the Corporation makes a
timely exercise of the First Refusal Right with respect to a portion, but not all, of the Target
Shares specified in the Disposition Notice, Owner shall have the option, exercisable by written
notice to the Corporation delivered within five (5) business days after Owner’s receipt of the
Exercise Notice, to effect the sale of the Target Shares pursuant to either of the following
alternatives:

6

 

     (i) sale or other disposition of all the Target Shares to the third-party offeror
identified in the Disposition Notice, but in full compliance with the requirements of
Paragraph E.4., as if the Corporation did not exercise the First Refusal Right; or

     (ii) sale to the Corporation of the portion of the Target Shares which the Corporation
has elected to purchase, such sale to be effected in substantial conformity with the
provisions of Paragraph E.3. The First Refusal Right shall continue to be applicable to any
subsequent disposition of the remaining Target Shares until such right lapses.

          Owner’s failure to deliver timely notification to the Corporation shall be deemed to be an
election by Owner to sell the Target Shares pursuant to alternative (i) above.

          6. Recapitalization/Reorganization.

          (a) Any new, substituted or additional securities or other property which is by reason of any
Recapitalization distributed with respect to the Purchased Shares shall be immediately subject to
the First Refusal Right, but only to the extent the Purchased Shares are at the time covered by
such right.

          (b) In the event of a Reorganization, the First Refusal Right shall remain in full force and
effect and shall apply to the new capital stock or other property received in exchange for the
Purchased Shares in consummation of the Reorganization, but only to the extent the Purchased Shares
are at the time covered by such right.

          7. Lapse. The First Refusal Right shall lapse upon the earliest to occur of
(i) the first date on which shares of the Common Stock are held of record by more than five hundred
(500) persons, (ii) a determination made by the Board that a public market exists for the
outstanding shares of Common Stock or (iii) a firm commitment underwritten public offering,
pursuant to an effective registration statement under the 1933 Act, covering the offer and sale of
the Common Stock in the aggregate amount of at least ten million dollars ($10,000,000). However,
the Market Stand-Off shall continue to remain in full force and effect following the lapse of the
first Refusal Right.

          F. SPECIAL TAX ELECTION

          The acquisition of the Purchased Shares may result in adverse tax consequences which may be
avoided or mitigated by filing an election under Code Section 83(b). Such election must be filed
within thirty (30) days after the date of this Agreement. A description of the tax consequences
applicable to the acquisition of the Purchased Shares and the form for making the Code Section
83(b) election are set forth in Exhibit II. OPTIONEE SHOULD CONSULT WITH HIS OR HER TAX ADVISOR TO
DETERMINE THE TAX CONSEQUENCES OF ACQUIRING THE PURCHASED SHARES AND THE ADVANTAGES AND
DISADVANTAGES OF FILING THE CODE SECTION 83(b) ELECTION. OPTIONEE ACKNOWLEDGES THAT IT IS
OPTIONEE’S SOLE RESPONSIBILITY, AND NOT THE CORPORATION’S, TO FILE A TIMELY

7

 

ELECTION UNDER CODE SECTION 83(b), EVEN IF OPTIONEE REQUESTS THE CORPORATION OR ITS REPRESENTATIVES
TO MAKE THIS FILING ON HIS OR HER BEHALF.

     G. GENERAL PROVISIONS

          1. Assignment. The Corporation may assign the Repurchase Right and/or the First
Refusal Right to any person or entity selected by the Board, including (without limitation) one or
more stockholders of the Corporation.

          2. No Employment or Service Contract. Nothing in this Agreement or in the Plan shall
confer upon Optionee any right to continue in Service for any period of specific duration or
interfere with or otherwise restrict in any way the rights of the Corporation (or any Parent or
Subsidiary employing or retaining Optionee) or of Optionee, which rights are hereby expressly
reserved by each, to terminate Optionee’s Service at any time for any reason, with or without
cause.

          3. Notices. Any notice required to be given under this Agreement shall be in writing
and shall be deemed effective upon personal delivery or upon deposit in the U.S. mail, registered
or certified, postage prepaid and properly addressed to the party entitled to such notice at the
address indicated below such party’s signature line on this Agreement or at such other address as
such party may designate by ten (10) days advance written notice under this paragraph to all other
parties to this Agreement.

          4. No Waiver. The failure of the Corporation in any instance to exercise the
Repurchase Right or the First Refusal Right shall not constitute a waiver of any other repurchase
rights and/or rights of first refusal that may subsequently arise under the provisions of this
Agreement or any other agreement between the Corporation and Optionee. No waiver of any breach or
condition of this Agreement shall be deemed to be a waiver of any other or subsequent breach or
condition, whether of like or different nature.

          5. Cancellation of Shares. If the Corporation shall make available, at the time and
place and in the amount and form provided in this Agreement, the consideration for the Purchased
Shares to be repurchased in accordance with the provisions of this Agreement, then from and after
such time, the person from whom such shares are to be repurchased shall no longer have any rights
as a holder of such shares (other than the right to receive payment of such consideration in
accordance with this Agreement). Such shares shall be deemed purchased in accordance with the
applicable provisions hereof, and the Corporation shall be deemed the owner and holder of such
shares, whether or not the certificates therefor have been delivered as required by this Agreement.

     H. MISCELLANEOUS PROVISIONS

          1. Optionee Undertaking. Optionee hereby agrees to take whatever additional action
and execute whatever additional documents the Corporation may deem necessary or advisable in order
to carry out or effect one or more of the obligations or

8

 

restrictions imposed on either Optionee or the Purchased Shares pursuant to the provisions of this
Agreement.

          2. Agreement is Entire Contract. This Agreement constitutes the entire contract
between the parties hereto with regard to the subject matter hereof. This Agreement is made
pursuant to the provisions of the Plan and shall in all respects be construed in conformity with
the terms of the Plan.

          3. Governing Law. This Agreement shall be governed by, and construed in accordance
with, the laws of the State of California without resort to that State’s conflict-of-laws rules.

          4. Counterparts. This Agreement may be executed in counterparts, each of which shall
be deemed to be an original, but all of which together shall constitute one and the same
instrument.

          5. Successors and Assigns. The provisions of this Agreement shall inure to the
benefit of, and be binding upon, the Corporation and its successors and assigns and upon Optionee,
Optionee’s permitted assigns and the legal representatives, heirs and legatees of Optionee’s
estate, whether or not any such person shall have become a party to this Agreement and have agreed
in writing to join herein and be bound by the terms hereof.

          6. Section 409A of the Code. Notwithstanding any contrary provision in the Plan or
this Agreement, if any provision of the Plan or this Agreement contravenes any regulations or
guidance promulgated under Section 409A of the Code or could cause any amounts to be subject to the
interest and penalties under Section 409A of the Code, such provision may be modified by the
Company without consent of the Optionee or Participant to maintain, to the maximum extent
practicable, the original intent of the applicable provision without violating the provisions of
Section 409A of the Code. Moreover, any discretionary authority that the Board or Committee may
have pursuant to the Plan shall not be applicable to an award that is subject to Section 409A of
the Code, to the extent such discretionary authority will contravene Section 409A of the Code or
the regulations or guidance promulgated thereunder.

9

 

          IN WITNESS WHEREOF, the parties have executed this Agreement on the day and year first
indicated above.

	 	 	 	 	 	 	 

	 	 	CERES, INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

	 	 
	 

	 	Title:	 	 	 	 
	 

	 	 	 	 

	 	 
	 

	 	Address:	 	 	 	 
	 

	 	 	 	 

	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	 

	 	 
	 
	 	 	 	 	 	 
	 	 	OPTIONEE	 	 
	 
	 	 	 	 	 	 
	 

	 	 	 	 

	 	 
	 

	 	Address:	 	 	 	 
	 

	 	 	 	 

	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	 

	 	 

10

 

SPOUSAL ACKNOWLEDGMENT

          The undersigned spouse of Optionee has read and hereby approves the foregoing Stock Purchase
Agreement. In consideration of the Corporation’s granting Optionee the right to acquire the
Purchased Shares in accordance with the terms of such Agreement, the undersigned hereby agrees to
be irrevocably bound by all the terms of such Agreement, including (without limitation) the right
of the Corporation (or its assigns) to purchase any Purchased Shares in which Optionee is not
vested at the time of his or her cessation of Service.

	 
	 	 	 	 	 	 	 

	 

	 	 	 	 

OPTIONEE’S SPOUSE
	 	 
	 
	 	 	 	 	 	 
	 

	 	Address:	 	 	 	 
	 

	 	 	 	 

	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	 

	 	 

11

 

EXHIBIT I

ASSIGNMENT SEPARATE FROM CERTIFICATE

          
FOR VALUE RECEIVED                     hereby sell(s), assign(s) and
transfer(s) unto Ceres, Inc. (the “Corporation”)                                         (                    ) shares of the Common Stock of the Corporation standing in his or her
name on the books of the
Corporation represented by Certificate No.                      herewith and do(es)
hereby irrevocably constitute and appoint                      Attorney to transfer the
said stock on the books of the Corporation with full power of substitution in the premises.

Dated:                                                             

Signature
                                                                   
             

Instruction: Please do not fill in any blanks other than the signature line. Please sign exactly
as you would like your name to appear on the issued stock certificate. The purpose of this
assignment is to enable the Corporation to exercise the Repurchase Right without requiring
additional signatures on the part of Optionee.

12

 

EXHIBIT II

FEDERAL INCOME TAX CONSEQUENCES AND

SECTION 83(b) TAX ELECTION

     I. Federal Income Tax Consequences and Section 83(b) Election For Exercise of
Non-Statutory Option. If the Purchased Shares are acquired pursuant to the exercise of a
Non-Statutory Option, as specified in the Grant Notice, then under Code Section 83, the excess of
the Fair Market Value of the Purchased Shares on the date any forfeiture restrictions applicable to
such shares lapse over the Exercise Price paid for such shares will be reportable as ordinary
income on the lapse date. For this purpose, the term “forfeiture restrictions” includes the right
of the Corporation to repurchase the Purchased Shares pursuant to the Repurchase Right. However,
Optionee may elect under Code Section 83(b) to be taxed at the time the Purchased Shares are
acquired, rather than when and as such Purchased Shares cease to be subject to such forfeiture
restrictions. Such election must be filed with the Internal Revenue Service within thirty (30)
days after the date of the Agreement. Even if the Fair Market Value of the Purchased Shares on the
date of the Agreement equals the Exercise Price paid (and thus no tax is payable), the election
must be made to avoid adverse tax consequences in the future. The form for making this election is
attached as part of this exhibit. FAILURE TO MAKE THIS FILING WITHIN THE APPLICABLE THIRTY
(30)-DAY PERIOD WILL RESULT IN THE RECOGNITION OF ORDINARY INCOME BY OPTIONEE AS THE FORFEITURE
RESTRICTIONS LAPSE.

     II. Federal Income Tax Consequences and Conditional Section 83(b) Election For Exercise of
Incentive Option. If the Purchased Shares are acquired pursuant to the exercise of an
Incentive Option, as specified in the Grant Notice, then the following tax principles shall be
applicable to the Purchased Shares:

     (i) For regular tax purposes, no taxable income will be recognized at the time the
Option is exercised.

     (ii) The excess of (a) the Fair Market Value of the Purchased Shares on the date the
Option is exercised or (if later) on the date any forfeiture restrictions applicable to the
Purchased Shares lapse over (b) the Exercise Price paid for the Purchased Shares will be
includible in Optionee’s taxable income for alternative minimum tax purposes.

     (iii) If Optionee makes a disqualifying disposition of the Purchased Shares, then
Optionee will recognize ordinary income in the year of such disposition equal in amount to
the excess of (a) the Fair Market Value of the Purchased Shares on the date the Option is
exercised or (if later) on the date any forfeiture restrictions applicable to the Purchased
Shares lapse over (b) the Exercise Price paid for the Purchased Shares. Any additional gain
recognized upon the disqualifying disposition will be either short-term or long-term capital
gain depending upon the period for which the Purchased Shares are held prior to the
disposition.

     (iv) For purposes of the foregoing, the term “forfeiture restrictions” will
include the right of the Corporation to repurchase the Purchased Shares pursuant to the

 

Repurchase Right. The term “disqualifying disposition” means any sale or other
disposition1 of the Purchased Shares within two (2) years after the Grant Date or
within one (1) year after the exercise date of the Option.

     (v) In the absence of final Treasury Regulations relating to Incentive Options, it is
not certain whether Optionee may, in connection with the exercise of the Option for any
Purchased Shares at the time subject to forfeiture restrictions, file a protective election
under Code Section 83(b) which would limit (a) Optionee’s alternative minimum taxable income
upon exercise and (b) Optionee’s ordinary income upon a disqualifying disposition to the
excess of the Fair Market Value of the Purchased Shares on the date the Option is exercised
over the Exercise Price paid for the Purchased Shares. Accordingly, such election if
properly filed will only be allowed to the extent the final Treasury Regulations permit such
a protective election. Page 2 of the attached form for making the election should be filed
with any election made in connection with the exercise of an Incentive Option.

 

			
	1 	 	Generally, a disposition of shares
purchased under an Incentive Option includes any transfer of legal title,
including a transfer by sale, exchange or gift, but does not include a transfer
to the Optionee’s spouse, a transfer into joint ownership with right of
survivorship if Optionee remains one of the joint owners, a pledge, a transfer
by bequest or inheritance or certain tax free exchanges permitted under the
Code.

2

 

SECTION 83(b) ELECTION

          This statement is being made under Section 83(b) of the Internal Revenue Code,
pursuant to Treas. Reg. Section 1.83-2.

	(1)	 	The taxpayer who performed the services is:
	 
	 	 	Name:

Address:

Taxpayer Ident. No.:

	(2)	 	The property with respect to which the election is being made is ________ shares
of the common stock of Ceres, Inc.
	 
	(3)	 	The property was issued on __________________, ______.
	 
	(4)	 	The taxable year in which the election is being made is the calendar year ______.
	 
	(5)	 	The property is subject to a repurchase right pursuant to which the issuer has the right to
acquire the property at the original purchase price if for any reason taxpayer’s service with
the issuer terminates. The issuer’s repurchase right lapses in a series of annual and monthly
installments over a four (4)-year period ending on ___________, 200_.
	 
	(6)	 	The fair market value at the time of transfer (determined without regard to any restriction
other than a restriction which by its terms will never lapse) is $__________ per share.
	 
	(7)	 	The amount paid for such property is $______________ per share.
	 
	(8)	 	 
	 
	(9)	 	This statement is executed on _____________, ________.

	 	 	 

	_______________________

	 	_______________________
	Spouse (if any)

	 	Taxpayer

This election must be filed with the Internal Revenue Service Center with which taxpayer files his
or her Federal income tax returns and must be made within thirty (30) days after the execution date
of the Stock Purchase Agreement. This filing should be made by registered or certified mail,
return receipt requested. Optionee must retain two (2) copies of the completed form for filing
with his or her Federal and state tax returns for the current tax year and an additional copy for
his or her records.

 

 

          The property described in the above Section 83(b) election is comprised of shares of common
stock acquired pursuant to the exercise of an incentive stock option under Section 422 of the
Internal Revenue Code (the “Code”). Accordingly, it is the intent of the taxpayer to utilize this
election to achieve the following tax results.

     1. The purpose of this election is to have the alternative minimum taxable income
attributable to the purchased shares measured by the amount by which the fair market value
of such shares at the time of their transfer to the taxpayer exceeds the purchase price
paid for the shares. In the absence of this election, such alternative minimum taxable
income would be measured by the spread between the fair market value of the purchased
shares and the purchase price which exists on the various lapse dates in effect for the
forfeiture restrictions applicable to such shares.

     2. Section 421(a)(1) of the Code expressly excludes from income any excess of the
fair market value of the purchased shares over the amount paid for such shares.
Accordingly, this election is also intended to be effective in the event there is a
“disqualifying disposition” of the shares, within the meaning of Section 421(b) of the
Code, which would otherwise render the provisions of Section 83(a) of the Code applicable
at that time. Consequently, the taxpayer hereby elects to have the amount of
disqualifying disposition income measured by the excess of the fair market value of the
purchased shares on the date of transfer to the taxpayer over the amount paid for such
shares. Since Section 421(a) presently applies to the shares which are the subject of
this Section 83(b) election, no taxable income is actually recognized for regular tax
purposes at this time, and no income taxes are payable by the taxpayer as a result of this
election. The foregoing election is to be effective to the full extent permitted under
the Code.

THIS PAGE 2 IS TO BE ATTACHED TO ANY SECTION 83(b) ELECTION FILED IN CONNECTION WITH THE EXERCISE
OF AN INCENTIVE STOCK OPTION UNDER THE FEDERAL TAX LAWS.

 

 

APPENDIX

          The following definitions shall be in effect under this Agreement:

	A.	 	Agreement shall mean this Stock Purchase Agreement.
	 
	B.	 	Board shall mean the Corporation’s Board of Directors.
	 
	C.	 	Code shall mean the Internal Revenue Code of 1986, as amended, and the rules and
regulations promulgated thereunder.
	 
	D.	 	Common Stock shall mean the Corporation’s common stock.
	 
	E.	 	Corporate Transaction shall be deemed to have occurred when:

     (i) Any Person is or becomes the “beneficial owner” (as defined in Rule 13d-3 of the
Exchange Act, whether or not the Corporation is then subject to the terms of the Exchange
Act), directly or indirectly, of securities of the Corporation representing twenty percent
(20%) or more of the combined voting power of the Corporation’s then-outstanding
securities; or

     (ii) The following individuals cease for any reason to constitute a majority of the number
of directors then serving: individuals who constitute the Board as of December 31, 2009
and any new director (other than a director whose initial assumption of office is in
connection with an actual or threatened election contest, including, but not limited to, a
consent solicitation, relating to the election of directors of the Corporation) whose
appointment or election by the Board or nomination for election by the Corporation’s
shareholders was approved or recommended by a vote of at least two-thirds (2/3) of the
directors then still in office who either were directors on the date hereof or whose
appointment, election or nomination for election was previously so approved or
recommended; or

     (iii) There is consummated a merger or consolidation of the Corporation, other
than (A) a merger or consolidation which would result in the voting securities of the
Corporation outstanding immediately prior to such merger or consolidation continuing to
represent (either by remaining outstanding or by being converted into voting securities of
the surviving entity or any parent thereof), in combination with the ownership of any
trustee or other fiduciary holding securities under an employee benefit plan of the
Corporation or any Subsidiary, at least sixty percent (60%) of the combined voting power
of the securities of the Corporation or such surviving entity or any parent thereof
outstanding immediately after such merger or consolidation, or (B) a merger or
consolidation effected to implement a recapitalization of the Corporation (or similar
transaction) in which no Person is or becomes the beneficial owner, directly or
indirectly, of securities of the Corporation (not including in the securities beneficially
owned by such Person any securities acquired directly from the Corporation or its
affiliates other than in connection with the securities acquired directly from the

 

 

Corporation or its affiliates other than in connection with the acquisition by the
Corporation or its affiliates of a business) representing twenty percent (20%) or more of
the combined voting power of the Corporation’s then outstanding securities; or

     (iv) The shareholders of the Corporation approve a plan of complete liquidation or
dissolution of the Corporation or there is consummated an agreement for the sale or
disposition by the Corporation of all or substantially all of the Corporation’s assets,
other than a sale or disposition by the Corporation of all or substantially all of the
Corporation’s assets to an entity, at least sixty percent (60%) of the combined voting
power of the voting securities of which are owned by shareholders of the Corporation in
substantially the same proportions as their ownership of the Corporation immediately prior
to such sale.

F. Corporation shall mean Ceres, Inc., a Delaware corporation, and any successor
corporation to all or substantially all of the assets or voting stock of Ceres, Inc. which shall by
appropriate action adopt the Plan.

G. Disposition Notice shall have the meaning assigned to such term in Paragraph E.2.

H. Exercise Notice shall have the meaning assigned to such term in Paragraph E.3.

I. Exercise Price shall have the meaning assigned to such term in Paragraph A.1.

J. Fair Market Value of a share of Common Stock on any relevant date, prior to
the initial public offering of the Common Stock, shall be determined by the Plan Administrator
after taking into account such factors as it shall deem appropriate.

K. First Refusal Right shall mean the right granted to the Corporation in accordance with
Article E.

L. Grant Date shall have the meaning assigned to such term in Paragraph A.1.

M. Grant Notice shall mean the Notice of Grant of Stock Option pursuant to which Optionee
has been informed of the basic terms of the Option.

N. Incentive Option shall mean an option which satisfies the requirements of Code Section
422.

O. Involuntary Termination shall mean the termination of Optionee’s Service which occurs by
reason of:

     (i) Optionee’s dismissal or discharge by the Corporation for
reasons other than Misconduct, or

     (ii) Optionee’s voluntary resignation following (A) a change in Optionee’s position
with the Corporation (or Parent or Subsidiary employing Optionee) which

2

 

materially reduces
the Optionee’s level of responsibility, (B) a reduction in Optionee’s level of compensation
(including base salary, fringe benefits and target bonuses under any corporate-performance
based bonus or incentive programs) by more than fifteen percent (15%) in the aggregate or
(C) a relocation of Optionee’s place of employment by more than fifty (50) miles from
Optionee’s place of employment immediately prior to the Corporate Transaction;
provided and only if such change, reduction or relocation is effected by the
Corporation without Optionee consent;

provided, however, that in no circumstances shall an event constitute an
Involuntary Termination if it would create an inappropriate acceleration of payment that
could give rise to adverse tax consequences to an Optionee under Section 409A of the Code.

P. Market Stand-Off shall mean the market stand-off restriction specified in Paragraph C.3.

Q. Misconduct shall mean the commission of any act of fraud, embezzlement or dishonesty by
the Optionee or participant, any unauthorized use or disclosure by such person of confidential
information or trade secrets of the Corporation (or any Parent or Subsidiary), or any other
intentional misconduct by such person adversely affecting the business or affairs of the
Corporation (or any Parent or Subsidiary) in a material manner. The foregoing definition shall not
be deemed to be inclusive of all the acts or omissions which the Corporation (or any Parent or
Subsidiary) may consider as grounds for the dismissal or discharge of any Optionee, Participant or
other person in the Service of the Corporation (or any Parent or Subsidiary).

R. 1933 Act shall mean the Securities Act of 1933, as amended.

S. 1934 Act shall mean the Securities Exchange Act of 1934, as amended.

T. Non-Statutory Option shall mean an option not intended to satisfy the requirements of
Code Section 422.

U. Option shall have the meaning assigned to such term in Paragraph A.1.

V. Option Agreement shall mean all agreements and other documents evidencing the Option.

W. Optionee shall mean the person to whom the Option is granted under the Plan.

X. Owner shall mean Optionee and all subsequent holders of the Purchased Shares who derive
their chain of ownership through a Permitted Transfer from Optionee.

Y. Parent shall mean any corporation (other than the Corporation) in an unbroken chain of
corporations ending with the Corporation, provided each corporation in the unbroken chain
(other than the Corporation) owns, at the time of the determination, stock possessing fifty

3

 

percent
(50%) or more of the total combined voting power of all classes of stock in one of the other
corporations in such chain.

Z. Permitted Transfer shall mean (i) a gratuitous transfer of the Purchased Shares,
provided and only if Optionee obtains the Corporation’s prior written consent to such transfer,
(ii) a transfer of title to the Purchased Shares effected pursuant to Optionee’s will or the laws
of intestate succession following Optionee’s death or (iii) a transfer to the Corporation in pledge
as security for any purchase-money indebtedness incurred by Optionee in connection with the
acquisition of the Purchased Shares.

AA. Person shall mean any person, entity or “group” within the meaning of Section 13(d)(3)
or Section 14(d)(2) of the Exchange Act, except that such term shall not include (i) the
Corporation or any of its Subsidiaries, (ii) a trustee or other fiduciary holding securities under
an employee benefit plan of the Corporation or any of its Subsidiaries, (iii) an underwriter
temporarily holding securities pursuant to an offering of such securities, or (iv) a corporation
owned, directly or indirectly, by the shareholders of the Corporation in substantially the same
proportions as their ownership of stock of the Corporation, and as may be amended from time to
time.

AB. Plan shall mean the Corporation’s 2010 Stock Option/Stock Issuance Plan.

AC. Plan Administrator shall mean either the Board or a committee of the Board acting in
its capacity as administrator of the Plan.

AD. Prior Purchase Agreement shall have the meaning assigned to such term in Paragraph D.4.

AE Purchased Shares shall have the meaning assigned to such term in Paragraph A.1.

AF. Recapitalization shall mean any stock split, stock dividend, merger, recapitalization,
combination of shares, exchange of shares or other change affecting the Corporation’s outstanding
Common Stock as a class without the Corporation’s receipt of consideration.

AG. Reorganization shall mean any of the following transactions:

     (i) a merger or consolidation in which the Corporation is not the surviving entity,

     (ii) a sale, transfer or other disposition of all or substantially all of the
Corporation’s assets,

     (iii) a reverse merger in which the Corporation is the surviving entity but in which
the Corporation’s outstanding voting securities are transferred in whole or in part to a
person or persons different from the persons holding those securities immediately prior to
the merger, or

4

 

     (iv) any transaction effected primarily to change the state in which the Corporation is
incorporated or to create a holding company structure.

AH. Repurchase Right shall mean the right granted to the Corporation in accordance with
Article D.

AI. SEC shall mean the Securities and Exchange Commission.

AJ. Service shall mean the Optionee’s performance of services for the Corporation (or any
Parent or Subsidiary) in the capacity of an employee, subject to the control and direction of the
employer entity as to both the work to be performed and the manner and method of performance, a
non-employee member of the Board of Directors or an independent consultant.

AK. Subsidiary shall mean any corporation (other than the Corporation) in an unbroken chain
of corporations beginning with the Corporation; provided each corporation (other than the
last corporation) in the unbroken chain owns, at the time of the determination, stock possessing
fifty percent (50%) or more of the total combined voting power of all classes of stock in one of
the other corporations in such chain.

AL. Target Shares shall have the meaning assigned to such term in Paragraph E.2.

AM. Vesting Schedule shall mean the vesting schedule specified in the Grant Notice pursuant
to which the Optionee is to vest in the Option Shares in a series of installments over his or her
period of Service.

AN. Unvested Shares shall have the meaning assigned to such term in Paragraph D.1.

5exv10w16

Exhibit 10.16

Pages where confidential treatment has been requested are stamped ‘Confidential Treatment
Requested and the Redacted Material has been separately filed with the Commission,’ and the
confidential section has been marked as follows: [***].

Master Research Agreement

 

 

	 	 	 	 	 

	TABLE OF CONTENTS
	 	 	 	 
	 
	1. RESEARCH PROJECTS
	 	 	2	 
	2. INTELLECTUAL PROPERTY
	 	 	6	 
	3. USE AND COMMERCIALIZATION RIGHTS
	 	 	9	 
	4. ENFORCEMENT OF JOINT INTELLECTUAL PROPERTY RIGHTS
	 	 	11	 
	5. TERMINATION
	 	 	12	 
	6. PUBLICATIONS AND DISCUSSIONS
	 	 	14	 
	7. RECORDS AND AUDITS
	 	 	14	 
	8. INDEPENDENT CONTRACTOR
	 	 	15	 
	9. CONFIDENTIALITY
	 	 	15	 
	10. NOTICES
	 	 	16	 
	11. DISPUTE RESOLUTION AND APPLICABLE LAW
	 	 	16	 
	12. PUBLICITY
	 	 	18	 
	13. MANAGEMENT COMMITTEE
	 	 	19	 
	14. EXCLUSIVITY
	 	 	20	 
	15. EXCLUSION OF WARRANTIES
	 	 	21	 
	16. GENERAL
	 	 	22	 
	16.1 Entire Agreement/Modifications
	 	 	22	 
	16.2 Severability
	 	 	22	 
	16.3 Waiver
	 	 	22	 
	16.4 Enforcement
	 	 	22	 
	16.5 Assignablility
	 	 	23	 
	16.6 Force Majeure
	 	 	23	 
	16.7 Choice of Law
	 	 	23	 
	EXHIBIT A —  DEFINITION OF COLLABORATION CROPS
	 	 	24	 
	EXHIBIT B — PREFERRED FORM OF RECEIPT FORM
	 	 	25	 
	EXHIBIT C
— PREFERRED FORM OF VARIETY EVALUATION AGREEMENT
	 	 	26	 
	EXHIBIT D — EXISTING OR PENDING EXTRAMURAL FUNDING
	 	 	28	 
	EXHIBIT E — EXCLUDED CROPS
	 	 	29	 
	EXHIBIT F — SEED PRODUCTION AND COMMERCIALIZATION ACTIVITIES
	 	 	30	 
	EXHIBIT G — MODEL LICENSE AGREEMENT FOR NON-TRANSGENIC VARIETIES
	 	 	31	 

	 	 	 

	CERES-NOBLE Master Research Agreement
	 	Page 1 of 57

 

 

MASTER RESEARCH AGREEMENT

     THIS AGREEMENT is made this 19 day of May, 2006 (“Effective Date”), by and between THE SAMUEL
ROBERTS NOBLE FOUNDATION, INC. (“NOBLE”), an Oklahoma nonprofit corporation, and CERES, INC., a
Delaware corporation (“CERES”).

     WHEREAS, CERES and NOBLE entered into an EVALUATION, PRODUCTION AND LICENSE AGREEMENT, dated
19 May 2006, to evaluate and develop certain germplasm and grant the exclusive option, and if
exercised, exclusive, world-wide license, to CERES to produce, use, sell and commercially exploit
such germplasm;

     WHEREAS, the parties wish to establish a research program for undertaking specific,
collaborative projects after the Effective Date, to further the scientific research and commercial
objectives of CERES as well as the scientific research objectives of NOBLE;

     WHEREAS, the research programs contemplated by this Agreement and its schedules are consistent
with and in furtherance of NOBLE research programs;

     WHEREAS, the research programs contemplated by this Agreement will further the scientific
research objectives of NOBLE in a manner consistent with its tax-exempt status;

     WHEREAS, CERES and NOBLE recognize that rights to intellectual property conceived or reduced
to practice in the performance of the parties’ various collaborations can be a strong incentive for
CERES to risk money and other resources needed to incorporate intellectual property into a product
or procedure for wide public enjoyment;

     NOW THEREFORE, in consideration of the premises and of the mutual covenants and agreements
contained herein and of other good and valuable consideration, the parties have agreed and do
hereby agree as follows:

1. RESEARCH PROJECTS.

     1.1 CERES and NOBLE anticipate that from time to time they may undertake and conduct
certain joint and collaborative research projects (individually a “RESEARCH PROJECT” and
collectively “RESEARCH PROJECTS”). The parties acknowledge and agree that the RESEARCH PROJECTS
will involve the contributions, whether financial or otherwise, of both parties. The specific terms
and respective obligations of the parties for each RESEARCH PROJECT will be negotiated by the
parties and reflected in a schedule (“SCHEDULE”) signed by authorized representatives of both
parties. Any such fully executed SCHEDULE shall become a part of this Agreement and subject to the
terms of this Agreement. Each party shall diligently perform its activities in any given RESEARCH
PROJECT.

     1.2 All rights in property, tangible or intangible, used in the RESEARCH PROJECTS shall remain
with the party providing such property, unless otherwise agreed between the parties in this
Agreement, a SCHEDULE or a separate agreement.

	 	 	 

	CERES-NOBLE Master Research Agreement
	 	Page 2 of 57

 

 

     1.3 RESEARCH PROJECTS will relate to crop species defined in EXHIBIT A to this
Agreement (“COLLABORATION CROPS”).

     1.4 Each SCHEDULE will at least contain the following:

	 	1.4.1	 	 Provisions that may be modified by the MANAGEMENT COMMITTEE:

	 	•	 	research activities to be performed by each party in detail
	 
	 	•	 	timelines of such activities
	 
	 	•	 	goals, expected results and deliverables
	 
	 	•	 	milestones and “go” and “no-go” decision points
	 
	 	•	 	all reports to be delivered to the MANAGEMENT
COMMITTEE (Article 13) and the required delivery dates for the same
	 
	 	•	 	additional information on RESEARCH PROJECT
activities: breeding records and biological or other material generated
in such activities to be provided to the other party, including delivery
method and time
	 
	 	•	 	location of activities
	 
	 	•	 	identity of RESEARCH PROJECT principal
investigators for CERES and NOBLE
	 
	 	•	 	identity and location of any SUBCONTRACTORS
(Paragraph 1.13) to be used for the RESEARCH PROJECT activities

	 	1.4.2	 	Provisions that may only be modified in accordance with Paragraph 16.1:

	 	•	 	number of FTE’s made available by each party for
the RESEARCH PROJECT, including names of any CERES and NOBLE PhD-level
employees
	 
	 	•	 	other inputs and resources made available by each
party for the RESEARCH PROJECT
	 
	 	•	 	financial contributions of each party to the
RESEARCH PROJECT
	 
	 	•	 	provisions on intellectual property, including
lists of BACKGROUND INTELLECTUAL PROPERTY and any provisions which are
different from those set forth in this Agreement
	 
	 	•	 	provisions on use and commercialization rights
which are different from those set forth in this Agreement
	 
	 	•	 	provisions on expiration and early termination

     1.5 Unless a SCHEDULE provides for more frequent formal reporting, each party shall provide to
the other party a detailed, written annual report on its activities in each RESEARCH PROJECT. In
addition, upon the request of either party at any time, the parties will discuss the RESEARCH
PROJECTS, their status, the progress and results achieved, and they will make available each
RESEARCH PROJECT principal investigator (and other employees as needed, in the discretion

	 	 	 

	CERES-NOBLE Master Research Agreement
	 	Page 3 of 57

 

 

of the respective RESEARCH PROJECT principal investigators) at mutually agreeable times, as
needed, for such discussions; provided however, such contacts and discussions shall be reasonable
in frequency and duration so as not to be disruptive to the respective research activities of each
party or the research activities of the RESEARCH PROJECTS. Each party will also voluntarily provide
data, information and material generated in the RESEARCH PROJECT to the other party as required to
further the parties’ mutual goals defined in each RESEARCH PROJECT or in any other agreement
between the parties. Each party will have the right, upon reasonable notice to the other party, to
visit any location where RESEARCH PROJECT activities are conducted for the purposes of evaluating
RESEARCH PROJECT progress and outcomes, and particularly to make observations of any plants in
growth chambers, greenhouses or fields that are a part of a RESEARCH PROJECT. Each party will
comply with any reasonable safety and security measures which may be imposed by the other party
when visiting such other party’s location.

     1.6 Any transfer of information or material pursuant to this Agreement or any SCHEDULE will be
governed by the provisions of this Agreement on CONFIDENTIALITY (Article 9) and PUBLICATIONS
(Article 6). Any transfer of material shall be accompanied by a receipt form in the preferred
format attached as EXHIBIT B to this Agreement. Such receipt forms shall be signed by
representatives of both the sending and receiving parties.

     1.7 Unless otherwise specified in a SCHEDULE, each party shall bear its own costs and pay its
own SUBCONTRACTORS, with respect to its RESEARCH PROJECT activities, out of its own funds.

     1.8 Where a SCHEDULE provides that CERES will make a financial contribution to certain
RESEARCH PROJECT activities performed by NOBLE, unless agreed otherwise in the appropriate
SCHEDULE, NOBLE will submit invoices after the end of each calendar quarter for the work performed
during that quarter. Each such invoice shall reflect only those costs that have been incurred in
performance of the RESEARCH PROJECT and shall provide a breakdown of costs similar to the detail
set forth in the budget of the related SCHEDULE. CERES will pay all such invoices within thirty
(30) days after the invoice date. Payments shall be remitted to:

Accounts Receivable

The Samuel Roberts Noble Foundation, Inc.

2510 Sam Noble Parkway

Ardmore, Oklahoma 73401

     1.9 Each party will conduct RESEARCH PROJECT activities exclusively in laboratories,
greenhouses or fields under full control of that party or of its SUBCONTRACTORS authorized by this
Agreement. Each party will take all reasonable precautions to prevent damage to, or unintentional
destruction of or release of any germplasm created in the RESEARCH ACTIVITIES.

     1.10 Each party shall be responsible for its compliance with all applicable laws, rules and
regulations, including, without limitation, those relating to genetically modified organisms (to
the extent RESEARCH PROJECTS involve such organisms), and obtaining any and all permits or
authorizations or proceed to any notifications which may be required by such laws, rules and
regulations.

	 	 	 

	CERES-NOBLE Master Research Agreement
	 	Page 4 of 57

 

 

     1.11 Each party will require any and all of its employees or students who will perform
activities in RESEARCH PROJECTS to be bound by a written agreement(s) that commits their
inventions, discoveries and other intellectual property to the party-employer and requires
confidential treatment of party and third-party confidential information. Each party shall further
notify each such employee, in writing, of their obligations and responsibilities under the terms of
this Agreement, including but not limited to the provisions of this Agreement on CONFIDENTIALITY
(Article 9), PUBLICATIONS (Article 6) and INTELLECTUAL PROPERTY (Article 2).

     1.12 The RESEARCH PROJECT principal investigators named in each SCHEDULE shall be charged with
leading the RESEARCH PROJECT described therein.

     1.12.1 RESEARCH PROJECT principal investigators may not vary the schedule of delivery,
amount, method of payment or any provision of a SCHEDULE. No such change shall be effective
unless and until it is reduced to writing (a) in the form of an amendment to such SCHEDULE
in accordance with the obligations of Paragraph 16.1 or (b) with respect to items listed in
Paragraph 1.4.1, in the signed minutes of a MANAGEMENT COMMITTEE meeting.

     1.12.2 Substitution by NOBLE of a RESEARCH PROJECT (a) principal investigator or (b) a
CERES-funded, PhD-level, NOBLE employee named or filling a defined position listed in a
SCHEDULE shall be subject to CERES’ prior written approval, which will not unreasonably be
withheld or delayed. NOBLE will notify CERES, in writing, of any substitution by NOBLE of a
non-CERES-funded, PhD-level employee named or who filled a defined position listed in a
SCHEDULE. CERES will notify NOBLE, in writing, of any substitution by CERES of a RESEARCH
PROJECT principal investigator or a PhD-level CERES employee named or who filled a defined
position listed in a SCHEDULE.

     1.13 Each party may subcontract certain parts of its RESEARCH PROJECT activities to third
parties, or use third party consultants in connection with RESEARCH PROJECT activities, but only if
the subcontract or consultancy agreement is in writing and complies with the terms and conditions
set forth hereinafter. Such third parties with whom such a subcontract or consultancy agreement is
executed will be referred to as “SUBCONTRACTORS”.

     1.13.1 The following terms and conditions shall apply to NOBLE’s SUBCONTRACTORS: (a)
the SUBCONTRACTOR shall perform defined activities on behalf and for the benefit of NOBLE in
exchange for a fee or other tangible consideration; (b) the SUBCONTRACTOR shall deliver all
the results of the SUBCONTRACTOR’S activities under the subcontract to NOBLE only, and
assign ownership of or exclusively license any inventions made during the performance of the
subcontracting activities to NOBLE, without any further remuneration and (c) the
SUBCONTRACTOR shall not have the right to use any results, whether information or material,
for any purpose whatsoever other than the performance of the subcontract; provided however,
not-for-profit research institution SUBCONTRACTORS may be granted the right to use certain
information generated pursuant to the subcontract for their internal academic research and
educational purposes (i.e., not in collaboration with or for the benefit of any third
party). NOBLE will provide a true copy of any subcontract to CERES within thirty (30) days
of its execution.

	 	 	 

	CERES-NOBLE Master Research Agreement
	 	Page 5 of 57

 

 

     1.13.2 It is anticipated that any agreements with commercial SUBCONTRACTORS will be
entered into by CERES, and NOBLE will assist CERES in identifying SUBCONTRACTORS for any
field activities. The following conditions shall apply to CERES SUBCONTRACTORS: CERES will
inform NOBLE, in writing, of any SUBCONTRACTORS used by CERES for the performance of
RESEARCH PROJECT activities and will verify that nothing in the subcontract would prevent
CERES from implementing or carrying out the obligations of the RESEARCH PROJECT.

     1.13.3 All SUBCONTRACTORS shall be bound by confidentiality obligations consistent with
the terms and obligations of this Agreement. All SUBCONTRACTORS shall be responsible for
their respective compliance with all laws, rules and regulations that govern their
activities.

     1.13.4 For variety evaluation and performance testing using not-for-profit research
institution SUBCONTRACTORS, the parties agree that each transfer of seed (or other plant
material) shall be governed by a written agreement consistent with the preferred form set
forth in EXHIBIT C to this Agreement.

     1.13.5 Any intended agreement with a SUBCONTRACTOR shall be identified in a SCHEDULE if
known at the time the SCHEDULE is executed by the parties. NOBLE will obtain CERES’ prior
written consent before entering into any agreement with a SUBCONTRACTOR which is not listed
in a SCHEDULE.

     1.14 The parties mutually agree that any applications for extramural funding for a RESEARCH
PROJECT, from governmental authorities or other public sources, will be subject to the prior,
written agreement, neither unreasonably withheld or delayed, by both parties; provided however, the
parties acknowledge that CERES and/or NOBLE has or has applied for certain government, extramural
funding prior to the Effective Date (EXHIBIT D to this Agreement), and such funding (or
possible funding, if awarded) shall not be construed as a breach of the obligations of this
paragraph.

     1.15 The parties agree not to accept targeted research funding from for-profit entities to
perform any RESEARCH PROJECT, whether in whole or in part, initiated under this Agreement without
the prior, written consent of the other party.

2. INTELLECTUAL PROPERTY.

     2.1 “JOINT INTELLECTUAL PROPERTY” shall mean (a) all patentable inventions conceived,
discovered, developed and/or reduced to practice (i) jointly by one or more employees, agents, or
students of CERES and by one or more employees, agents, or students of NOBLE in the performance of
any RESEARCH PROJECT(S) or (ii) by one or more employees, agents or students of NOBLE in the
performance of any RESEARCH PROJECT(S) to the extent CERES provides a financial contribution for
NOBLE’s activities in such RESEARCH PROJECT; (b) U.S. and/or foreign patents, patent applications,
plant variety rights, plant variety right applications, reissues, continuations,
continuations-in-part and divisionals claiming such patentable inventions; (c) all copyrighted
works created jointly by one or more employees, agents, or students of CERES and by one or more
employees, agents, or students of NOBLE in the performance of any RESEARCH

	 	 	 

	CERES-NOBLE Master Research Agreement
	 	Page 6 of 57

 

 

PROJECT(S); and (d) all germplasm and plant varieties created in the performance of plant
breeding activities in the performance of any RESEARCH PROJECT(S).

     2.2 “CERES INTELLECTUAL PROPERTY” shall mean (a) all patentable inventions conceived,
discovered, developed, and/or reduced to practice by one or more employees, agents, or students of
CERES in the performance of any RESEARCH PROJECT(S), except as set forth in Article 2.1; (b) U.S.
and/or foreign patents, patent applications, plant variety rights, plant variety right
applications, reissues, continuations, continuations-in-part, and divisionals claiming such
patentable inventions; and (c) all copyrighted works created by one or more employees, agents, or
students of CERES in the performance of any RESEARCH PROJECT(S) .

     2.3 “NOBLE INTELLECTUAL PROPERTY” shall mean (a) all patentable inventions conceived,
discovered, developed, and/or reduced to practice by one or more employees, agents, or students of
NOBLE in the performance of RESEARCH PROJECT(S), except as set forth in Article 2.1; (b) U.S.
and/or foreign patents, patent applications, plant variety rights, plant variety right
applications, reissues, continuations, continuations-in-part, and divisionals claiming such
patentable inventions; and (c) all copyrighted works created by one or more employees, agents, or
students of NOBLE in the performance of RESEARCH PROJECT(S).

     2.4 “OTHER RESEARCH RESULTS” shall mean all data, information, procedures and techniques
generated in the performance of RESEARCH PROJECT(S), but expressly excludes JOINT INTELLECTUAL
PROPERTY, CERES INTELLECTUAL PROPERTY, and NOBLE INTELLECTUAL PROPERTY.

     2.5 “BACKGROUND INTELLECTUAL PROPERTY” shall mean (i) inventions, discoveries, materials, data
and information, whether patentable or not; including related know-how; (ii) U.S. and/or foreign
patents, patent applications, plant variety rights, plant variety right applications, reissues,
continuations, continuations-in-part and divisionals; and (iii) copyrighted works, which are
individually or collectively created, developed, made, acquired or licensed in by CERES or NOBLE
independent of this Agreement.

     2.5.1 Any party asserting that certain intellectual property is BACKGROUND INTELLECTUAL
PROPERTY shall have the burden of substantiating such claim, if necessary, with tangible
evidence, including but not limited to paper or electronic records.

     2.5.2 The parties acknowledge and agree that all relevant BACKGROUND INTELLECTUAL
PROPERTY for a RESEARCH PROJECT should be set forth within the corresponding SCHEDULE. With
respect to each element of BACKGROUND INTELLECTUAL PROPERTY listed in a SCHEDULE, the
listing party shall include the following: ownership or licensed rights (exclusive or
non-exclusive) held by the listing party (if no ownership) with respect to the COLLABORATION
CROPS. Notwithstanding, subject to Paragraph 2.5.1, failure to specifically set forth such
BACKGROUND INTELLECTUAL PROPERTY in a SCHEDULE will not foreclose a later claim that certain
intellectual property is BACKGROUND INTELLECTUAL PROPERTY.

     2.6 CERES and NOBLE shall have an undivided interest in JOINT INTELLECTUAL PROPERTY.
Consequently, any and all patent applications or plant variety rights applications that

	 	 	 

	CERES-NOBLE Master Research Agreement
	 	Page 7 of 57

 

 

cover JOINT INTELLECTUAL PROPERTY shall be assigned jointly to CERES and NOBLE as soon as
practicable.

     2.6.1 All rights and title to CERES INTELLECTUAL PROPERTY and CERES BACKGROUND
INTELLECTUAL PROPERTY shall belong to CERES, and NOBLE shall not acquire any interest in the
same by its performance under this Agreement.

     2.6.2 All rights and title to NOBLE INTELLECTUAL PROPERTY and NOBLE BACKGROUND
INTELLECTUAL PROPERTY shall belong to NOBLE, and CERES shall not acquire any interest in the
same by its performance under this Agreement.

     2.7 Each party will notify the other party, in writing (“INVENTION NOTICE”), within thirty
(30) days of reduction to practice or knowledge of conception or discovery of JOINT INTELLECTUAL
PROPERTY, and each INVENTION NOTICE will describe the JOINT INTELLECTUAL PROPERTY with sufficient
specificity to allow assessment by the other party.

     2.8 Unless circumstances (e.g., publication submission, presentation, etc.) prohibit such
duration, the parties shall consult within twenty (20) days of receiving an INVENTION NOTICE, such
consultation shall concern whether to proceed to obtain intellectual property protection on the
disclosed JOINT INTELLECTUAL PROPERTY or whether to protect the same through other methods. CERES
shall have the first option to pursue such protection in its best judgment in the joint names of
both parties. If CERES so elects by written notice within sixty (60) days of such initial
consultation, CERES shall be the “ADMINISTERING PARTY” for the purposes of this Agreement.

     2.8.1 The ADMINISTERING PARTY shall be responsible for retaining counsel, overseeing
the process of securing intellectual property protection (i.e., the preparation, filing and
prosecution of patent or plant variety rights application(s)) and maintaining intellectual
property protection for the mutual benefit of the parties, in its best judgment, for that
which it had prosecution responsibility. In addition to other reporting responsibilities
provided below, the ADMINISTERING PARTY shall promptly notify the other party following
retention of counsel. The parties will provide, and cause their respective employees, agents
and students to provide, all reasonable assistance which may be required in connection with
the filing and prosecution of such intellectual property rights, including without
limitation the signing of documents.

     2.8.2 The ADMINISTERING PARTY shall keep the non-administering party advised as to all
developments with respect to all patent and plant variety rights application(s) and issued
patents and plant variety rights covering jointly owned JOINT INTELLECTUAL PROPERTY, which
includes supplying copies of all papers received and filed in connection with such
applications and patents in sufficient time for the non-administering party to comment
thereon.

     2.9 CERES agrees to bear all legal expenses incurred by CERES as an ADMINISTERING PARTY in
obtaining and maintaining patents and plant variety rights, U.S. and foreign, covering JOINT
INTELLECTUAL PROPERTY.

     2.10 If CERES does not elect to file an application for a patent or plant variety rights or
continue maintenance of a patent or plant variety rights in a particular country, consistent with
the

	 	 	 

	CERES-NOBLE Master Research Agreement
	 	Page 8 of 57

 

 

consultation of Paragraph 2.8, NOBLE may file such application, continue such prosecution, or
maintain such patent or plant variety rights at its own expense; provided however, that prior to
filing any such application NOBLE will grant CERES the opportunity to discuss the possible
disclosure of confidential information which may occur through such filing. NOBLE will take into
account any issues raised by CERES during such discussion, but NOBLE will have the right to proceed
with such filing in accordance with its best judgment. For any such application, patent or plant
variety rights, NOBLE shall serve as the ADMINISTERING PARTY. CERES shall have non-exclusive rights
under the specific patent application(s), plant variety right application(s), patent(s) and/or
plant variety right(s) in the country(ies) in which CERES declined to initiate or continue its
participation, subject to paying NOBLE reasonable remuneration (whether as a royalty or in some
other form as the parties may agree) to be negotiated in good faith, and in any case CERES shall
remain free to use and practice the JOINT INTELLECTUAL PROPERTY covered by such specific patent
application(s)/patent(s) or plant variety rights application(s)/plant variety right(s) for research
and evaluation purposes.

     2.11 At each quarterly meeting of the MANAGEMENT COMMITTEE, CERES will report CERES
INTELLECTUAL PROPERTY on which patent applications were filed in the preceding quarter and the
general subject matter of patent applications reasonably anticipated to be filed in the near term,
and NOBLE will report NOBLE INTELLECTUAL PROPERTY on which patent applications were filed in the
preceding quarter and the general subject matter of patent applications reasonably anticipated to
be filed in the near term. In addition, the parties may exchange information regarding their
respective INTELLECTUAL PROPERTY at other times as they deem fit.

3. USE AND COMMERCIALIZATION RIGHTS.

     3.1 Through the express grant of such rights in any SCHEDULE, CERES may grant NOBLE the
right to use CERES BACKGROUND INTELLECTUAL PROPERTY to the extent required for, and for the sole
purpose of, the performance by NOBLE (or its SUBCONTRACTORS) of RESEARCH PROJECTS. SCHEDULES may
specify that similar rights are granted with respect to defined elements of CERES BACKGROUND
INTELLECTUAL PROPERTY.

     3.2 NOBLE shall have the right to use JOINT INTELLECTUAL PROPERTY and OTHER RESEARCH RESULTS
(a) for the purpose of the implementation of RESEARCH PROJECTS; (b) for internal research purposes
(i.e., not in collaboration with or for the benefit of third parties), which do not concern the
breeding or germplasm improvement of COLLABORATION CROPS; and (c) for research purposes in all
crops except (i) the COLLABORATION CROPS and (ii) the specific crops set forth in EXHIBIT
E. The provisions of this Agreement on CONFIDENTIALITY (Article 9) and PUBLICATIONS (Article 6)
will apply with respect to all the foregoing activities.

     3.2.1 CERES shall have an exclusive first option to commercialize any results of
NOBLE’s research activities under Paragraphs 3.2(a) and 3.2(b). NOBLE shall notify CERES, in
writing, of any such results.

     3.2.2 If CERES exercises its option by written notice within ninety (90) days of
NOBLE’S written notice under Paragraph 3.2.1, CERES and NOBLE shall negotiate the terms of a
commercialization agreement that covers the reported results. If, despite the parties’ good
faith efforts, CERES and NOBLE are unable to agree upon the terms and conditions of such
agreement within one hundred and eighty (180) days after commencing good faith negotiations,

	 	 	 

	CERES-NOBLE Master Research Agreement
	 	Page 9 of 57

 

 

or at any earlier time agreed to by the parties, then NOBLE shall be free to
commercially exploit the results or grant licenses, with the right to grant sublicenses, to
third parties, to use and commercially exploit such results for all crops except (a) the
COLLABORATION CROPS and (b) the specific crops set forth in EXHIBIT E.

     3.2.3 If CERES declines to exercise this option or fails to respond within ninety (90)
days of NOBLE’S written notice under Paragraph 3.2.1, NOBLE shall then be free to
commercially exploit the results or grant licenses, with the right to grant sublicenses, to
third parties to use and commercially exploit such results for all crops except (a) the
COLLABORATION CROPS and (b) the specific crops set forth in EXHIBIT E.

     3.2.4 Pursuant to Paragraphs 3.2.2 or 3.2.3, if NOBLE proceeds to commercial
exploitation of such results whether through the grant of a license to a third party or
otherwise (subject to Paragraph 14.2 on exclusivity), such exploitation shall result in
NOBLE paying CERES reasonable remuneration (whether as a royalty or in some other form as
the parties may agree) to be negotiated in good faith. This remuneration shall take into
account the financial contribution of each party in research, development, marketing and
commercialization with respect to the relevant products.

     3.3 Subject to the reservations and rights granted to NOBLE in Paragraph 3.2, the parties
acknowledge and agree that CERES shall have the exclusive right, with the right to grant
sublicenses to this right, to use and commercially exploit JOINT INTELLECTUAL PROPERTY and OTHER
RESEARCH RESULTS for any and all uses and fields, including, but not limited to, use in the
COLLABORATION CROPS and crops other than the COLLABORATION CROPS. Any commercialization (including,
but not limited to, the grant of commercialization licenses) of JOINT INTELLECTUAL PROPERTY and/or
OTHER RESEARCH RESULTS shall result in CERES paying NOBLE a reasonable remuneration (whether as a
royalty or in some other form as the parties may agree) to be negotiated in good faith. This
remuneration shall take into account the financial contribution of each party in research
development, marketing and commercialization with respect to the relevant products. The terms for
remuneration will be specified, with respect to specific RESEARCH PROJECTS, JOINT INTELLECTUAL
PROPERTY and/or OTHER RESEARCH RESULTS, either in the respective SCHEDULES or in other agreements
to be executed by the parties.

     3.4 Subject to the reservations of Paragraph 3.2, NOBLE agrees to grant CERES an exclusive,
world-wide license, with the right to grant sublicenses, to use and exploit commercially (a)
NOBLE’s interest in any JOINT INTELLECTUAL PROPERTY and OTHER RESEARCH RESULTS; (b) NOBLE
INTELLECTUAL PROPERTY and (c) when necessary for the commercialization or use of JOINT INTELLECTUAL
PROPERTY and/or OTHER RESEARCH RESULTS and/or NOBLE INTELLECTUAL PROPERTY for the COLLABORATION
CROPS, NOBLE BACKGROUND INTELLECTUAL PROPERTY, subject to paying NOBLE reasonable remuneration
(whether as a royalty or in some other form as the parties may agree) to be negotiated in good
faith. This remuneration shall take into account the financial contribution of each party in
research, development, marketing and commercialization with respect to the relevant products. Such
license grants will be further specified in other agreements to be executed by the parties.
SCHEDULES to this Agreement may refer to the Model License Agreement for Non-transgenic Varieties
in EXHIBIT G.

	 	 	 

	CERES-NOBLE Master Research Agreement
	 	Page 10 of 57

 

 

4. ENFORCEMENT OF JOINT INTELLECTUAL PROPERTY RIGHTS.

     4.1 CERES will have the right, at its own discretion and expense, to take any action to
enforce and to initiate and prosecute suits for infringement of jointly owned intellectual property
rights covering JOINT INTELLECTUAL PROPERTY. CERES and NOBLE will consult with each other upon a
course of action and enforcement strategy. CERES will be responsible for the conduct of any such
enforcement action, and NOBLE will reasonably cooperate with CERES to effect the enforcement
action, and if appropriate, determine a settlement position. CERES shall be responsible for
retaining counsel and shall promptly notify NOBLE following retention of counsel, and NOBLE agrees
to be represented by such counsel as may be required for any enforcement action or settlement. For
purposes of settlement, CERES shall be the contact with the parties’ counsel as well as the
opposing party(ies) and shall have the right to enter into settlements. CERES shall keep NOBLE
advised as to all developments with respect to the enforcement action and settlement discussions,
which includes supplying to NOBLE copies of all papers received and filed in sufficient time for
NOBLE to comment thereon. NOBLE may attend any and all meetings with the parties’ counsel and the
opposing side for settlement purposes. NOBLE agrees to voluntarily join in any action brought by
CERES as a party plaintiff/defendant, if necessary, at the expense of CERES. If necessary, NOBLE
agrees to enter into a joint defense agreement.

     4.2 In situations where a substantial commercial interest of NOBLE’s is harmed by
infringement, and CERES elects not to pursue any action to enforce and to initiate and prosecute
suits for infringement, NOBLE shall have the right to pursue any such action in all crops except
(a) the COLLABORATION CROPS and (b) the specific crops set forth in EXHIBIT E, and CERES
will reasonably cooperate with NOBLE, if necessary, to permit NOBLE to properly enforce its rights.
NOBLE will be responsible for the conduct of any such enforcement action. NOBLE shall be
responsible for retaining counsel and shall promptly notify CERES following retention of counsel,
and CERES agrees to be represented by such counsel as may be required for any enforcement action or
settlement. For purposes of settlement, NOBLE shall be the contact with the parties’ counsel as
well as the opposing party(ies) and shall have the right to enter into settlements. NOBLE shall
keep CERES advised as to all developments with respect to the enforcement action and settlement
discussions, which includes supplying to CERES copies of all papers received and filed in
sufficient time for CERES to comment thereon. CERES may attend any and all meetings with the
parties’ counsel and the opposing side for settlement purposes. CERES agrees to voluntarily join in
any action brought by NOBLE as a party plaintiff/defendant, if necessary, at the expense of NOBLE.
If necessary, CERES agrees to enter into a joint defense agreement.

     4.3 Any damages received by CERES as a result of an enforcement action of rights to JOINT
INTELLECTUAL PROPERTY, after deduction of all enforcement related costs incurred by CERES, shall be
considered as revenues for the purpose of remuneration payments to NOBLE, as set forth in any
applicable license/commercialization agreement between the parties. In the absence of any such
license/commercialization agreement, the parties will share such damages after deduction of all
enforcement related costs incurred by CERES, in proportion to their relative financial
contributions to the creation (i.e., research and development) of such JOINT INTELLECTUAL PROPERTY.

	 	 	 

	CERES-NOBLE Master Research Agreement
	 	Page 11 of 57

 

 

5. TERMINATION.

     5.1. The term of this Agreement shall be twenty (20) years from the Effective Date,
unless sooner terminated in accordance with the following provisions of this Paragraph:

     (a) mutual, written agreement of the parties;

     (b) failure of one party to satisfy its material obligations under this Agreement, and
such party subsequently fails to cure such failure(s) within (i) thirty (30) days for
failures to remit payment for amounts due under this Agreement and (ii) ninety (90) days for
all other obligations in each case after receipt of written notice from the non-breaching
party specifying such failure(s);

     (c) one (1) year’s written notice of termination by either CERES or NOBLE to the other
party in case either the terminating party or the other party ceases substantially all
activities in the COLLABORATION CROPS;

     (d) NOBLE will have the right to terminate this Agreement unilaterally with thirty (30)
days’ written notice to CERES, (i) if CERES seeks protection under any bankruptcy,
insolvency, receivership, trust, deed, creditors arrangement or comparable proceeding or if
any such proceeding is instituted against CERES (and not dismissed within one hundred twenty
(120) days); (ii) in case of dissolution or winding up of CERES (excluding any situation
where all or substantially all of CERES’ assets, stock or business to which this Agreement
relates are acquired by a third party (whether by sale, acquisition, merger, operation of
law or otherwise)); (iii) with written notice to CERES, to be given no later than March 31,
2010 if Ceres has failed in a substantial manner, by December 31, 2009, to implement the
activities set forth in EXHIBIT F, and does not remedy such failure or offer a
remediation plan which is reasonably acceptable to NOBLE within ninety (90) days after
receipt of a written notice from NOBLE specifying such failure; or (iv) with one hundred
twenty (120) days’ written notice to CERES, if the institutional mission, purpose or
structure of NOBLE would change substantially and adversely affect NOBLE’S ability to
satisfy its obligations hereunder;

     (e) CERES will have the right to terminate this Agreement unilaterally: (i) with thirty
(30) days’ written notice to NOBLE if Dr. Joe Bouton ceases to be associated with NOBLE and
the RESEARCH PROJECTS contemplated by this Agreement, and NOBLE has not replaced him within
one hundred twenty (120) days by a person reasonably acceptable to CERES; (ii) with ninety
(90) days’ written notice to NOBLE, if the institutional mission, purpose or structure of
NOBLE would change substantially and adversely affect NOBLE’S ability to satisfy its
obligations hereunder; or (iii) with one (1) years’ written notice to NOBLE, if CERES has a
documented, compelling business reasons to cease the collaboration; or

     (f) either party will have the right to terminate this Agreement if no active RESEARCH
PROJECTS exist for more than two (2) years, provided that on or after the second anniversary
of the expiration or termination of the last SCHEDULE to expire or terminate, the parties
have not agreed on any new SCHEDULE despite (i) negotiations in good faith by both parties
or (ii) diligent, documented attempts by the terminating party to conduct negotiations in
good faith with respect to one or more new SCHEDULES, to which attempts the other party has
not been responsive.

	 	 	 

	CERES-NOBLE Master Research Agreement
	 	Page 12 of 57

 

 

     5.2 Promptly upon the delivery of a notice of termination of this Agreement, the parties will
meet to discuss the ongoing RESEARCH PROJECTS, and each party will provide to the other party any
data, information and germplasm that constitutes or is covered by JOINT INTELLECTUAL PROPERTY and
which has not been provided prior to the notice of termination, without prejudice to additional
on-going delivery obligations set forth in any SCHEDULES.

     5.3 Termination of this Agreement shall not affect the rights and obligations of the parties
accrued prior to termination hereof nor any license grants then in existence, subject to payment of
remuneration as set forth in any relevant license/commercialization agreements. Further, the
provisions set forth hereinafter shall apply.

     5.3.1 In case of termination on the basis of (w) Paragraph 5.1(b) if CERES is the
breaching party; (x) Paragraph 5.1(c) if CERES ceases substantially all activities in the
COLLABORATION CROPS; (y) Paragraphs 5.1(d)(i), 5.1(d)(ii) or 5.1(d)(iii); or (z) Paragraph
5.1(e)(iii), at or about the effective date of termination, the parties will negotiate in
good faith to reach agreement as to the rights to use and commercially exploit JOINT
INTELLECTUAL PROPERTY, which will be addressed in one or more written agreements. If the
parties fail to reach agreement within ninety (90) days after the start of such
negotiations, which shall be evidenced by written notice from one party to the other
initiating such negotiations, each party shall have the non-exclusive right to use and
commercially exploit JOINT INTELLECTUAL PROPERTY for any and all purposes, with the right to
grant sublicenses, subject to the obligations of the first sentence of Paragraph 5.3 and the
provisions set forth hereinafter. With respect to commercialization by either party of
varieties of COLLABORATION CROPS which constitute or incorporate JOINT INTELLECTUAL PROPERTY
not yet exclusively licensed to CERES as of the termination date (a) during a period of
three (3) years after the termination date of this Agreement, CERES will pay remuneration to
NOBLE for CERES’ commercialization activities as if such varieties were licensed exclusively
to CERES, and the remuneration shall be settled in accordance with the dispute resolution
procedure in Article 11, and NOBLE will pay one-half of the remuneration so determined to
CERES for NOBLE’S commercialization activities and (b) after the expiration of a three (3)
year period from the termination date of this Agreement, each party shall pay the other
party remuneration at one-half of the rate so determined for their respective
commercialization activities. No remuneration shall be due by either party with respect to
any other use or commercialization of JOINT INTELLECTUAL PROPERTY.

     5.3.2 In case of termination on the basis of (v) Paragraph 5.1(b) if NOBLE is the
breaching party; (w) Paragraph 5.1(c) if NOBLE ceases substantially all activities in the
COLLABORATION CROPS; (x) Paragraph 5.1(d)(iv); (y) Paragraphs 5.1(e)(i) or 5.1(e)(ii) or (z)
Paragraph 5.1(f), subject to the obligations of the first sentence of Paragraph 5.3, CERES
shall have the exclusive right to commercialize any JOINT INTELLECTUAL PROPERTY to the
extent such JOINT INTELLECTUAL PROPERTY is not covered by any relevant
license/commercialization agreement between the parties. At or about the effective date of
termination, the parties will negotiate in good faith to reach agreement as to reasonable
remuneration (whether as a royalty or in some other form as the parties may agree), which
will be addressed in one or more written agreements. If the parties fail to reach agreement
within ninety (90) days after the start of such negotiations, which shall be evidenced by
written notice from one party to the other initiating such negotiations, the remuneration
shall be settled in

	 	 	 

	CERES-NOBLE Master Research Agreement
	 	Page 13 of 57

 

 

accordance with the dispute resolution procedure in Article 11. Further, for
termination under Paragraphs 5.1(b), 5.1(c), 5.1(d)(iv) and 5.1(e)(ii), NOBLE’S internal
research rights under Paragraph 3.2 shall terminate simultaneously.

     5.4 Termination of this Agreement for any reason will not relieve either party of any
obligation or liability accrued under this Agreement before termination or rescind any payments
made or due before termination. Articles 2, 3 (subject to Paragraph 5.3), 4, 5, 6, 7, 9, 11, 15 and
16 will survive any termination of this Agreement.

     5.5 Termination of this Agreement shall not automatically terminate any existing RESEARCH
PROJECT, which can only be terminated according to the specific terms of the related SCHEDULE. The
terms and provisions of this Agreement shall continue to apply to the activities and outcomes of
any such RESEARCH PROJECTS, notwithstanding the termination of this Agreement, unless provided
otherwise in the relevant SCHEDULE or by written agreement of the parties upon termination.

6. PUBLICATIONS AND DISCUSSIONS.

     6.1 The parties agree that the researchers involved in the RESEARCH PROJECTS are
permitted to present methods and/or results of the RESEARCH PROJECTS at symposia and professional
meetings and to publish the same in journals or the like; provided however, the disclosing party
must furnish copies of any proposed publication, presentation or disclosure (collectively
“Disclosure”) to the other party at least thirty (30) days in advance of the specific submission,
presentation or other disclosure.

     6.2 The non-disclosing party shall have the thirty (30) day notice period to object, in
writing, to such proposed Disclosure because it contains (a) potentially patentable subject matter
that needs protection or (b) BACKGROUND INTELLECTUAL PROPERTY or JOINT INTELLECTUAL PROPERTY or
INTELLECTUAL PROPERTY of the non-disclosing party or OTHER RESEARCH RESULTS which need to be kept
confidential for compelling business reasons in the non-disclosing party’s reasonable judgment. In
the event that the non-disclosing party makes such objection, the disclosing party will (x) if
applicable, elect to cooperate with the non-disclosing party to obtain proper protection in
accordance with the provisions of Article 2 herein or (y) remove the objectionable subject matter
from the Disclosure. No delay caused by the non-disclosing party under this paragraph shall extend
beyond three (3) months, wherein upon such delay, the disclosing party shall be permitted to
proceed without being in breach of this Article.

     6.3 CERES and NOBLE shall use reasonable effort to avoid any action that might jeopardize the
ability of the parties, individually or jointly as the case may be, to obtain or retain
valid/enforceable intellectual rights in JOINT INTELLECTUAL PROPERTY, NOBLE INTELLECTUAL PROPERTY
or CERES INTELLECTUAL PROPERTY.

7. RECORDS AND AUDITS.

The parties shall keep accurate and detailed records in accordance with good accounting practices
of all expenses and extramural income, if any, relating to the RESEARCH PROJECTS. All such records
shall be subject to inspection by an independent auditor designated by the other party and
reasonably

	 	 	 

	CERES-NOBLE Master Research Agreement
	 	Page 14 of 57

 

 

acceptable to the audited party within normal business hours with at least fourteen (14) days
notice. Such inspection rights shall terminate, with respect to each RESEARCH PROJECT, on the third
anniversary of the expiration or termination of such RESEARCH PROJECT.

8. INDEPENDENT CONTRACTOR.

The relationship of the parties is that of independent contractors. Nothing herein is intended or
will be construed to establish any agency, partnerships or joint ventures. Neither party is
authorized or empowered to act as an agent for the other party for any purpose, nor shall either
party be bound by the acts or conduct of the other party.

9. CONFIDENTIALITY.

     9.1 As used in this Agreement, the term “Confidential Information” shall mean (a) all
non-public information and material received by one party from the other in furtherance of the
collaboration contemplated by this Agreement and (b) any and all information, results including
material and observations generated in the performance of any RESEARCH PROJECT including, without
limitation, CERES INTELLECTUAL PROPERTY, NOBLE INTELLECTUAL PROPERTY, JOINT INTELLECTUAL
PROPERTY and OTHER RESEARCH RESULTS. Confidential Information can include, but is not limited
to, information concerning the disclosing party’s operations, research, processes, techniques, data
and non-public materials.

     9.2 Subject to Paragraph 9.3, for a period of five (5) years after the termination of the
related RESEARCH PROJECT, the receiving party shall not use, except (a) for the benefit of the
parties’ collaboration or (b) such use as is expressly allowed by this Agreement and/or disclose
any Confidential Information to any third party without the prior written consent of the disclosing
party if the Confidential Information was received from the other party, or the prior written
consent of both parties if the Confidential Information was generated during a RESEARCH PROJECT.
Confidential Information shall only be made accessible to each party’s employees or students on a
need-to-know basis. Manuscripts and papers published in scientific journals and presentations made
at public meetings that include Confidential Information are exempt from the conditions of this
Paragraph, provided the parties followed the procedure set forth in Article 6.

     9.3 The receiving party shall have no obligations of confidentiality for information that:
can be established through written evidence to be in the possession of the receiving party prior to
the disclosure by the disclosing party; is or becomes public knowledge through no fault of the
disclosing party; and/or is acquired from others not under an obligation of confidentiality to the
disclosing party. In addition, the parties, pursuant to the express terms of this Agreement or any
SCHEDULE or other agreement between the parties, shall have the right to proceed to disclosures of
Confidential Information (a) as required to file for intellectual property protection or
registration or deregulation or approval of genetically modified organisms; (b) as required to
exercise commercialization rights granted in or on the basis of this Agreement and for related
marketing activities; (c) as required by laws, rules or regulation or court ordering such as,
without limitation, SEC regulations and IRS regulations; or (d) in CERES’ reasonable judgment for
the limited purpose of (potential) investors and business partners.

	 	 	 

	CERES-NOBLE Master Research Agreement
	 	Page 15 of 57

 

 

10. NOTICES.

Any notices required to be given or which shall be given under this Agreement shall be in writing
and delivered by first class mail or overnight (trackable) courier addressed to the parties as
follows:

Vice President of Product Development

Ceres, Inc.

1535 Ranch Conejo Blvd.

Thousand Oaks, California 91320

Vice President, General Counsel

The Samuel Roberts Noble Foundation, Inc.

2510 Sam Noble Parkway

Ardmore, Oklahoma 73401

In the event that notices under this Agreement are sent by certified or registered mail (or
alternatively, by overnight courier) by one party to the other party at its above address, they
shall be deemed to have been given or made as of the date so mailed.

11. DISPUTE RESOLUTION AND APPLICABLE LAW.

All disputes, differences or questions arising out of or in connection with this Agreement or its
SCHEDULES, or related to the alleged breach, termination, validity, interpretation or violation
thereof, shall be submitted to the MANAGEMENT COMMITTEE for resolution, which shall convene,
whether in person or otherwise, to resolve such dispute in a timely manner. Either party may
initiate a resolution procedure by providing written notice (“Dispute Notice”) to the other party,
and any such Dispute Notice must set forth the subject matter of the dispute, difference or
question. If after sixty (60) days the dispute remains unresolved, the presidents of CERES and
NOBLE shall seek to resolve the dispute through negotiation or mediation. If negotiation is
elected, the parties agree that at least eight (8) cumulative hours of negotiations between the
presidents will be undertaken. If mediation is elected, the presidents will meet at a neutral site
for mediation. Unless agreed to otherwise, the neutral site shall be Denver, Colorado. The
mediation shall be conducted in accordance with the then existing Commercial Mediation Rules of the
American Arbitration Association (AAA). The mediator shall be selected by mutual agreement of the
parties. If the parties cannot agree on a mediator, AAA shall designate a mediator at the request
of either party. Any mediator so designated must be acceptable to both parties. Fees for the
mediation will be shared equally, and the parties will responsible for their respective expenses.
Settlement reached in mediation or negotiation will not be binding until the parties have signed a
written settlement agreement.

Any dispute, controversy, or claim arising out of or in connection with this Agreement or its
SCHEDULES, or related to the alleged breach, termination, validity, interpretation or violation
thereof, not settled by negotiation or mediation in accordance with the terms hereof, shall be
finally settled and determined by arbitration administered by the AAA under its then current
Commercial Arbitration Rules and Mediation Procedures (including Procedures for Large, Complex
Commercial Disputes) (the “Rules”). The written reasoned award of the arbitrators shall be final
and binding upon the parties, and judgment on or enforcement of the award so rendered may be
sought, had or entered in any court having jurisdiction.

	 	 	 

	CERES-NOBLE Master Research Agreement
	 	Page 16 of 57

 

 

     (a) Initiation of Arbitration. Any party may initiate arbitration by filing a written
request for arbitration with the AAA. A copy of the request shall be furnished to all other parties
in accordance with the provisions of the Rules and the provisions in the agreement between the
parties concerning notices. For all purposes the “commencement of the arbitration” shall be deemed
to be the date on which any party issues a written demand for arbitration in accordance with the
requirements of Article 10.

     (b) Appointment of Arbitrators. Each party shall appoint an arbitrator, and the two
arbitrators so appointed shall appoint the third arbitrator. The party initiating the arbitration
shall appoint its arbitrator at the commencement of the arbitration. The other party shall appoint
its arbitrator within thirty (30) days of the commencement of the arbitration. If the arbitrators
appointed by the parties fail to appoint the third arbitrator within sixty (60) days of the
commencement of the arbitration, the AAA shall appoint the third arbitrator following consultation
with the parties.

     (c) Qualifications of Arbitrators. Each arbitrator so appointed shall have a
reputation as being experienced in the legal and technical matters related to the dispute, shall be
required to disclose, among other disclosures, any prior involvement with the legal and technical
matters related to the dispute and any involvement with a competitor of any party, and shall not be
presently nor in the past have been affiliated with any party or a competitor of any party.
Notwithstanding the method of their appointment, each arbitrator shall be required to meet the
standards contained in the Rules with respect to impartiality, independence and neutrality.

     (d) Location of the Arbitration. The seat of arbitration shall be Denver, Colorado.
The arbitrators may hold hearings at such other locations as the arbitrators shall determine, after
consultation with the parties.

     (e) Language of Arbitration. The arbitral proceedings and all pleadings and written
evidence shall be in the English language. Any written evidence originally in a language other than
English shall be submitted in English translation accompanied by the original or true copy thereof.

     (f) Procedural Requirements. The arbitrators shall, after consultation with the
parties, make appropriate provision in the arbitration process for rules specific to this
arbitration which:

          (i) require the disclosure of all exhibits expected to be used by the parties at
the arbitration, and the exchange of complete copies of all such exhibits in advance
of the arbitration;

          (ii) determine the dates for the exchange of said written disclosures and copies
of said exhibits;

          (iii) require the written disclosure of the identity of all witnesses whom the
parties expect to call at the arbitration;

          (iv) determine the dates for the exchange of the written disclosures of the
identity of witnesses which the parties expect to call at the arbitration;

	 	 	 

	CERES-NOBLE Master Research Agreement
	 	Page 17 of 57

 

 

          (v) determine the dates for the exchange of sworn narrative statements
containing the testimony of all witnesses whom the parties expect to call at the
arbitration;

          (vi) require that the sworn narrative testimony of witnesses be submitted in
substitution for the direct examination of the witness, and that all witnesses whose
sworn testimony is submitted for consideration by the arbitrators must present him or
herself for cross examination at the time and place of the arbitration hearing,
unless some other procedure providing the parties with a full and complete
opportunity for cross-examination has been established and provided by the
arbitrators, the parties and the witness;

          (vii) prohibit, except upon a showing of good cause, or for purposes of
rebuttal, the receipt into evidence of any exhibit not disclosed by the parties, nor
shall the arbitrators permit a party to present the testimony of any witness whose
identity and testimony was not exchanged prior to the arbitration;

          (viii) permit discovery as reasonable and necessary for the orderly preparation
of the dispute for hearing and determination of the dispute (said discovery may
include requests for production of documents and depositions of witnesses who cannot
be summoned to the arbitration or are otherwise unavailable to attend the
arbitration); and

          (ix) require all parties and experts to maintain all information and documents
they have received , reviewed, exchanged or given testimony about in confidence
pursuant to an appropriate confidentiality undertaking and order.

     (g) Limitation on Remedies. The arbitrators are precluded from awarding punitive or
exemplary damages. In no event shall the arbitrators have the powers of an amiable compositeur.

     (h) Resort to the Courts. Nothing in this Agreement prohibits any party from seeking
interim or conservatory relief in any court of competent jurisdiction; provided
however, that neither the filing of an application for a temporary restraining order,
preliminary injunction or other interim or conservatory relief, as necessary, nor the granting of
such relief, shall be deemed to be a waiver of the obligation of the party to have the dispute
heard and determined solely and exclusively by arbitration.

     (i) Survival. The rights and obligations of the parties as described herein shall
survive the termination, expiration, non-renewal or rescission of the Agreement between the
parties.

12. PUBLICITY.

     12.1 NOBLE will not identify CERES in any products, publicity, promotion, promotional
advertising or other promotional materials to be disseminated to the public, or use any trademark,
service mark, trade name, logo or symbol that is representative of CERES or its entities, whether
registered or not, or use the name, title, likeness or statement of any CERES employee or student,
without CERES’ prior written consent. Any use of CERES’ name shall be limited to statements of fact
and shall not imply endorsement by CERES of NOBLE’S research, products or services.

	 	 	 

	CERES-NOBLE Master Research Agreement
	 	Page 18 of 57

 

 

     12.2 CERES will not identify NOBLE in any products, publicity, promotion, promotional
advertising or other promotional materials to be disseminated to the public, or use any trademark,
service mark, trade name, logo or symbol that is representative of NOBLE or its entities, whether
registered or not, or use the name, title, likeness or statement of any NOBLE faculty member,
employee or student, without NOBLE’S prior written consent. Any use of NOBLE’S name shall be
limited to statements of fact and shall not imply endorsement by NOBLE of CERES’ research, products
or services.

     12.3 Notwithstanding any provision of this Article, either of the parties can disclose or
otherwise acknowledge, without restriction, the existence of this Agreement as well as the
collaborative relationship between the parties without the prior consent of the other party.
Notwithstanding the unilateral disclosure rights provided for in this paragraph, if the disclosure
or acknowledgement takes the form of a written release, the disclosing party shall provide the
other party a copy of any such unilateral disclosure prior to its release so as to allow the other
party to comment and shall take such comments reasonably into account. However, no advance copy
needs to be provided of any releases referred to in Paragraph 12.4(a) or 12.4(b) or of any releases
which are identical to previous releases.

     12.4 The parties intend to issue joint press releases regarding their collaboration. Any such
press release and any press release by either party will be subject to the prior written approval
of both parties; provided however, that (a) CERES shall have the right to otherwise disclose
information as may be required in CERES’ judgment to comply with SEC regulations or other laws,
rules or regulations governing disclosure of information and (b) NOBLE shall have the right to
otherwise disclose information as may be required in NOBLE’S judgment to comply with IRS or state
regulations or other laws, rules or regulations governing disclosure of information.
Notwithstanding the unilateral disclosure rights provided for in this paragraph, the disclosing
party shall provide the other party a copy of any such unilateral disclosure preferably prior to
its release.

13. MANAGEMENT COMMITTEE.

     13.1 The parties will establish a MANAGEMENT COMMITTEE to supervise the implementation,
execution and progress of this Agreement and its RESEARCH PROJECTS. The MANAGEMENT COMMITTEE will
consist of four (4) members, two (2) to be appointed by each party and will meet at least once
every calendar quarter, in person or by telephone, on dates and at locations to be mutually agreed.
The representatives of each party may invite other employees of that party to meeting on an
as-needed basis, subject to prior notification of the other party.

     13.2 The MANAGEMENT COMMITTEE shall approve project teams and RESEARCH PROJECT principal
investigators. The MANAGEMENT COMMITTEE shall determine the resources necessary to achieve the
goals of each RESEARCH PROJECT, within the limits of the total RESEARCH PROJECT budget provided in
the relevant SCHEDULE. The RESEARCH PROJECT principal investigators shall report to the MANAGEMENT
COMMITTEE at such intervals as may be determined by the MANAGEMENT COMMITTEE. The MANAGEMENT
COMMITTEE shall review progress and may, as appropriate, revise stated or set additional goals. The
MANAGEMENT COMMITTEE shall have the authority to modify those provisions of each SCHEDULE listed in
Paragraph 1.4.1.

	 	 	 

	CERES-NOBLE Master Research Agreement
	 	Page 19 of 57

 

 

     13.3 Decisions of the MANAGEMENT COMMITTEE shall be made by unanimous agreement and recorded
in a manner prescribed by the MANAGEMENT COMMITTEE as a true record of the decisions. If the
MANAGEMENT COMMITTEE cannot come to a unanimous agreement on any matter then the status quo shall
apply. If either party believes that the matter is materially adverse to the objectives of this
Agreement and/or the matter significantly hinders the party’s ability to satisfy its obligations
under this Agreement, then the matter shall be settled in accordance with the disputes procedure in
Article 11.

14. EXCLUSIVITY.

     14.1 In consideration of CERES’ development of a new market for the COLLABORATION CROPS
and the significant activities associated with the development of this market, NOBLE agrees to
grant CERES exclusive access to NOBLE’S plant improvement activities specifically involving the
COLLABORATION CROPS, whether through plant breeding or transformation.

     14.2 During the term of this Agreement, subject to the provisions of this Agreement on
subcontracting (Paragraph 1.13 and its related subparagraphs), NOBLE (a) will not collaborate with
or perform any activities for the benefit of or grant any rights to any for-profit third party in
the field of the COLLABORATION CROPS without the prior written consent of CERES or (b) will not
collaborate with or perform any activities for the benefit of or grant any rights to any
not-for-profit third party with respect to breeding or germplasm improvement of COLLABORATION CROPS
without the prior written consent of CERES.

     14.2.1 The parties contemplate entering a separate agreement, in partial consideration
for the exclusivity granted to CERES in this Article, that would provide NOBLE the right,
pursuant to the terms of such agreement and the continuation of such exclusivity, to obtain
a minor equity position in CERES. If the parties have not agreed to the terms of such
agreement prior to the conclusion of two hundred and seventy (270) days from the Effective
Date of this Agreement, despite negotiations in good faith by both parties, unless this
period is extended by the mutual agreement of the parties, NOBLE shall have the right to
terminate its obligations set forth in this Article 14.2 by written notice to CERES, to be
delivered no later than one (1) year from the Effective Date of this Agreement.

     14.3 During the term of this Agreement, NOBLE will promptly notify CERES, in writing, of any
contemplated internal research activities (i.e., non-RESEARCH PROJECTS) that specifically involve
the COLLABORATION CROPS and will submit a detailed, written research proposal to CERES. If CERES
so requests, the parties will negotiate in good faith to agree on a new RESEARCH PROJECT and
accompanying SCHEDULE or an amendment to an existing SCHEDULE on the basis of such research
proposal. If CERES does not request such negotiations, or if the parties fail to reach agreement
on a new SCHEDULE (or amendment to an existing SCHEDULE) based on such research proposal within
ninety (90) days from delivery of the research proposal, NOBLE will have the right, subject to
Paragraphs 3.2 and 14.2, to proceed to such internal research, and CERES is hereby granted an
exclusive first option to commercialize any results of such activities. NOBLE shall notify CERES,
in writing, of any such results.

     14.3.1 If CERES exercises its option by written notice within ninety (90) days of
NOBLE’S written notice under Paragraph 14.3, CERES and NOBLE shall negotiate the terms

	 	 	 

	CERES-NOBLE Master Research Agreement
	 	Page 20 of 57

 

 

of a commercialization agreement that covers the reported result. If, despite the
parties’ good faith efforts, CERES and NOBLE are unable to agree upon the terms and
conditions of such agreement within one hundred and eighty (180) days after commencing good
faith negotiations, or at any earlier time agreed to by the parties, then NOBLE shall be
free to commercially exploit the results or offer rights in such results to third parties in
any and all crops.

     14.3.2 If CERES declines to exercise this option or fails to respond within ninety (90)
days of NOBLE’S notice under Paragraph 14.3, then NOBLE shall then be free to commercially
exploit the results or offer rights in such results to third parties in any and all crops.

     14.4 Prior to entering into any agreement pursuant to which a third party would perform
breeding activities for any COLLABORATION CROP intended for commercialization in Alabama, Arkansas,
Florida, Georgia, Kansas, Kentucky, Louisiana, Mississippi, Missouri, North Carolina, Oklahoma,
South Carolina, Tennessee, Texas, Virginia and West Virginia of the United States, CERES will first
provide NOBLE the opportunity to conduct such breeding activities. CERES shall notify NOBLE in
writing of its intent to enter into any such agreement, and NOBLE shall, within thirty (30) days
after receiving such notice, notify CERES in writing whether or not it desires to conduct such
work. If NOBLE notifies CERES that it desires to conduct such work, CERES and NOBLE will negotiate
in good faith the terms and conditions pursuant to which NOBLE shall conduct such breeding
activities. If, despite the parties’ good faith efforts, CERES and NOBLE are unable to agree upon
the terms and conditions for such work within sixty (60) days after commencing good faith
negotiations, or at any earlier time agreed to by the parties, then CERES shall be free to enter
into an agreement with a third party for such breeding activities.

15. EXCLUSION OF WARRANTIES.

     15.1 THE PARTIES ACKNOWLEDGE AND AGREE THAT NEITHER PARTY HAS MADE ANY REPRESENTATIONS OR
WARRANTIES, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO, WARRANTIES OF MERCHANTABILITY OR
FITNESS FOR A PARTICULAR PURPOSE. IN NO EVENT SHALL EITHER PARTY BE HELD RESPONSIBLE FOR ANY
SPECIAL, INDIRECT, INCIDENTAL OR CONSEQUENTIAL DAMAGES OR LOSS OF PROFIT ARISING OUT OF THE USE OF
ANY JOINT INTELLECTUAL PROPERTY, CERES INTELLECTUAL PROPERTY, NOBLE INTELLECTUAL PROPERTY, OTHER
RESEARCH RESULTS OR BACKGROUND INTELLECTUAL PROPERTY COVERED BY THIS AGREEMENT OR ANY SCHEDULE OR
ARISING OUT OF THE IMPLEMENTATION OF THIS AGREEMENT, EVEN IF SUCH PARTY IS ADVISED IN ADVANCE OF
THE POSSIBILITY OF SUCH DAMAGES.

     15.2 Nothing in this Agreement is or shall be construed as:

(a) a warranty or representation by either party as to the validity or scope of any
patent rights or plant variety rights;

(b) a warranty or representation by either party that anything made, used, sold
or otherwise disposed of pursuant to any license granted under this Agreement is or
will be free from infringement of patents, copyrights or other rights of third
parties;

	 	 	 

	CERES-NOBLE Master Research Agreement
	 	Page 21 of 57

 

 

(c) any obligations by either party to bring or prosecute actions or suits against
third parties for patent infringement; or

(d) a grant by implication, estoppel or otherwise of any licenses under patent
applications, patents, plant variety rights applications and/or plant variety rights
of CERES and/or NOBLE or other person other than as provided in the express
provisions of this Agreement or a SCHEDULE on this Agreement.

16. GENERAL.

     16.1 Entire Agreement/Modifications.

     This Agreement constitutes the entire agreement between the parties hereto with respect to the
subject matter hereof, and there are no representations, warranties, covenants or obligations
except as set forth herein. This Agreement supersedes all prior and contemporaneous agreements,
understandings, negotiations and discussions, written or oral, of the parties hereto relating to
the subject matter hereof. This Agreement may only be amended, modified or superseded by a writing
executed by the authorized representative of the parties hereto. It is anticipated that SCHEDULES
will be attached to and become part of this Agreement as new RESEARCH PROJECTS are undertaken, as
described in Paragraph 1.1.

     16.2 Severability.

     This Agreement, to the greatest extent possible, shall be construed so as to give validity to
all of the provisions hereof. If any provision of this Agreement is or becomes invalid, is ruled
illegal by a court of competent jurisdiction or is deemed unenforceable under the current
applicable law from time to time in effect during the term of this Agreement, the remainder of this
Agreement will not be affected or impaired thereby and will continue to be construed to the maximum
extent permitted by law. In lieu of each provision which is invalid, illegal or unenforceable,
there will be substituted or added as part of this Agreement by mutual written agreement of the
parties, a provision which will be as similar as possible, in economic and business objectives as
intended by the parties to such invalid, illegal or unenforceable provision, but will be valid,
legal and enforceable.

     16.3 Waiver.

     No failure or delay by either party in exercising any right or remedy under this Agreement
will waive any provision of this Agreement. Nor will any single or partial exercise by either party
of any right or remedy under this Agreement preclude it from otherwise or further exercising any
rights or remedies which it may have, or any other rights or remedies granted by any law or any
related document.

     16.4 Enforcement.

     In the event an action is commenced by either party against the other to enforce any of the
provisions of this Agreement, the prevailing party shall be entitled to recover from the other
party reasonable attorneys’ fees, court costs and necessary disbursements incurred in connection
with such action.

	 	 	 

	CERES-NOBLE Master Research Agreement
	 	Page 22 of 57

 

 

     16.5 Assignablility.

     This Agreement binds and enures to the benefit of the parties, their successor or assigns, but
may not be assigned by either party without the prior written consent of the other party; provided
however, CERES shall have the right to assign its rights and obligations under this Agreement to
any Affiliated Company without such prior consent. Each party shall have the right to assign its
rights and obligations under this Agreement to a third party in conjunction with the transfer to
such third party of substantially all of the assets of such party associated with performance under
this Agreement without such prior consent. “Affiliated Company” defined as any company owned or
controlled by, under common control with or controlling CERES, “control” meaning in this context
the direct or indirect ownership of fifty percent (50%) or more of the voting stock/shares of a
company, or the power to nominate at least half of the directors.

     16.6 Force Majeure.

     No party shall be responsible to the other party for delay or failure in performance of any
the obligations imposed by this Agreement, provided such failure shall be occasioned by fire,
flood, explosion, lightning, wind storm, hailstorm, earthquake, subsidence of soil, failure of
machinery or equipment or supply of materials, discontinuity in the supply of power, court order or
governmental interference, terrorist attacks, civil commotion, riot, war, strikes, labor
disturbances, transportation difficulties, labor shortage, natural genetic variation of any living
matter or by any other cause of like or unlike nature beyond the reasonable control and without
fault or negligence of such party.

     16.7 Choice of Law.

     This Agreement shall be governed by, and construed and interpreted in accordance with, the
laws of the State of Delaware without regard to the principles of conflicts of law thereof.

     IN WITNESS WHEREOF, NOBLE and CERES have caused this Agreement to be duly executed as
indicated below.

	 	 	 	 	 	 	 	 	 

	THE SAMUEL ROBERTS NOBLE
FOUNDATION, INC.	CERES, INC.	 	 
	 
	 	 	 	 	 	 	 	 
	By:

	 	/s/ Michael A. Cawley	 	By:	 	/s/ Richard Flavell	 	 
	Name:

	 	 

Michael A. Cawley
	 	Name:
	 	 

Richard Flavell, CBE, FRS
	 	 
	Title:

	 	President
	 	Title:
	 	Chief Scientific Officer	 	 
	Date:

	 	19 May 2006	 	Date:	 	May 19, 2006	 	 
	 

	 	 

	 	 	 	 

	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	/s/ Richard Hamilton	 	 
	 

	 	 	 	Name:
	 	 

Richard Hamilton
	 	 
	 

	 	 	 	Title:
	 	President and Chief Executive
Officer	 	 
	 

	 	 	 	Date:	 	May 19, 2006	 	 
	 

	 	 	 	 	 	 

	 	 

	 	 	 

	CERES-NOBLE Master Research Agreement
	 	Page 23 of 57

 

 

EXHIBIT A —  DEFINITION OF COLLABORATION CROPS

“COLLABORATION CROPS” is defined as and expressly limited to the following species:

     Panicum virgatum species.

	 	 	 

	CERES-NOBLE Master Research Agreement
	 	Page 24 of 57

 

 

EXHIBIT B — PREFERRED FORM OF RECEIPT FORM

Packing Slip and Receipt Form

for material transferred pursuant to the Master Research Agreement dated 19 May 2006 between

THE SAMUEL ROBERTS NOBLE FOUNDATION, INC. and CERES, INC. and SCHEDULES to such Agreement.

Material transferred pursuant to SCHEDULE [x] dated [...]

The undersigned [NOBLE/CERES] signatory certifies that the material and related information set
forth hereinafter are included in the shipment with which this form is enclosed.

The undersigned [NOBLE/CERES] signatory acknowledges having received in good order the material and
related information set forth hereinafter. The signature does not constitute an acceptance of the
receiving party’s qualification of the intellectual property (IP) status of the material
transferred, such IP status being defined in the parties’ Master Research Agreement.

[Include description of material and related information with indication of IP status (e.g.
Background, Joint IP) and any restrictions on transfer to subcontractors.]

THIS MATERIAL AND RELATED INFORMATION ARE TRANSFERRED ONLY FOR USE IN COMPLIANCE WITH THE ABOVE
MENTIONED MASTER RESEARCH AGREEMENT AND SCHEDULE. CONFIDENTIALITY OBLIGATIONS APPLY.

	 	 	 	 	 	 	 	 	 

	For sending/receipt,	 	 	 	For receipt/sending,
	 
	 	 	 	 	 	 	 	 
	Signature:

	 	 	 	 	 	Signature:	 	 
	 

	 	 

	 	 	 	 	 	 
 
	Date:

	 	 	 	 	 	Date:	 	 
	 

	 	 

	 	 	 	 	 	 
 
	Name: Walter E. Nelson	 	 	 	Name:
	 
	 	 	 	 	 	 	 	 
	Title: Product Development Manager	 	 	 	Title:
	CERES, INC.	 	 	 	THE SAMUEL ROBERTS NOBLE FOUNDATION, INC.

	 	 	 

	CERES-NOBLE Master Research Agreement
	 	Page 25 of 57

 

 

EXHIBIT
C — PREFERRED FORM OF VARIETY EVALUATION AGREEMENT

A. Recipient:

B. Address:

C. Plant Material:

	 	 	 	 	 
	SPECIES	 	CODE/DESCRIPTION	 	WEIGHT
	 
	 	 
	 	 

D. Research Purpose: Variety production evaluation and performance testing with .

E. Location for Conduct of Research:

The <<INSTITUTION>> (“Provider”) will provide the Recipient the Plant Material subject
to the following terms and conditions:

     1. The Recipient shall use the Plant Material solely for the Research Purpose.

     2. Provider is (i) owner of all or a portion of the intellectual property rights in the Plant
Material and/or (ii) licensee of all or a portion of the intellectual property rights in the Plant
Material.

     3. Without the prior written consent of Provider, the Recipient shall not use the Plant
Material, seed, or any product derived therefrom in any form of reselection, breeding, sexual
crossing, seed production, back crossing, tissue culturing, mutagenesis, genetic transformation or
any biotechnological process, except as specifically approved in this Agreement.

     4. The Recipient shall not supply or otherwise transfer the Plant Material or any products or
progeny derived therefrom, be it seed or vegetative material, to any other person or entity without
the prior written permission from an authorized representative of Provider.

     5. The Recipient shall take all precautions to prevent theft or pilferage of any material
related to and including the Plant Material.

     6. The Recipient shall voluntarily provide Provider the results of any evaluation using this
Plant Material, including any proposed publication concerning the Plant Material.

     7. The Recipient will be free to publish the research results from the evaluation contemplated
by this Agreement; provided however, the Recipient must provide Provider any proposed publication
at least thirty (30) days prior to submission. Provider will review such proposed publication for
the need of intellectual property protection and/or to identify any inadvertent disclosure of
proprietary information. If necessary, the Recipient agrees to (i) delay publication by no more
than sixty (60) days to enable the filing of an application for intellectual property protection
and/or (ii) remove any proprietary information identified by Provider.

     8. Provider represents that it has the right to transfer the Plant Material under this
Agreement.

	 	 	 

	CERES-NOBLE Master Research Agreement
	 	Page 26 of 57

 

 

     9. At the end of the evaluation trial, the Recipient shall, at the option of Provider, (i)
return to Provider all unused Plant Material supplied by Provider and all materials, regardless of
type, produced from the Plant Material or (ii) destroy all unused Plant Material supplied by
Provider and all materials, regardless of type, produced from the Plant Material. The Recipient
agrees that all such unused Plant Material and all materials, regardless of type, produced from the
Plant Material are the property of Provider.

     10. The Recipient acknowledges and agrees that Provider shall not be liable for any damages or
loss that may arise from testing of the Plant Material.

     11. The Recipient acknowledges and accepts that the Plant Material is being supplied with no
warranties, expressed or implied. In particular, as the use of the Plant Material is limited to the
furtherance of the Research Purpose, there is no basis for and no warranty given for fitness for a
particular purpose or merchantability.

Organization:

Recipient:

	 	 	 	 	 

	 

Date
	 	 

	 	 

	 	 	 

	CERES-NOBLE Master Research Agreement
	 	Page 27 of 57

 

 

EXHIBIT D — EXISTING OR PENDING EXTRAMURAL FUNDING

	 	 	 	 	 	 	 	 	 
	 	 	 	 	Other	 	Agency –	 	Filing Date /
	Entity	 	Application
Title	 	Institutions	 	Program	 	Award Date
	CERES

	 	Genes for Enhancing Carbon Sequestration in Poplar (R. Flavell)
	 	Oregon State University
	 	DOE/Office of Science
	 	Sept. 9, 2005 (A)
	 
	 	 	 	 	 	 	 	 
	NOBLE

	 	Development of low-lignin switchgrass for improved ethanol production (Z. Wang)
	 	Oak Ridge National Laboratory
	 	USDA
	 	April 3, 2006 (A)
	 
	 	 	 	 	 	 	 	 
	NOBLE

	 	Systemic modification of monolignol pathway gene expression for improved lignocellulose utilization (F. Chen, R. Dixon)
	 	None
	 	USDA/DOE Plant Feedstock
	 	Feb 17, 2006 (F)
	 
	 	 	 	 	 	 	 	 
	NOBLE

	 	Genetic dissection of the lignocellulosic pathway of gene (F. Chen, R. Dixon)
	 	Kansas State University (lead)
	 	USDA/DOE Plant Feedstock
	 	Feb 23, 2006 (F)
	 
	 	 	 	 	 	 	 	 
	NOBLE

	 	Molecular-functional map and genome analysis of switchgrass (Panicum virgatum L.) (M. Saha, J. Bouton)
	 	USDA-ARS,

Albany, California
	 	USDA/DOE Plant Feedstock
	 	Feb 27, 2006 (F)

	 	 	 

	CERES-NOBLE Master Research Agreement
	 	Page 28 of 57

 

 

EXHIBIT E — EXCLUDED CROPS 

Corn

Cotton

Wheat

Rice

Sugarcane

Miscanthus

Sweet sorghum

Soybean

Sunflower

Safflower

Jatropha

Castor

Canola

Oil Palm

Hevea

Guayule

St. Augustine (turf applications only)

Trees in all fields, excluding variety evaluation and testing

Fruits, Nuts & Vegetables in all fields, excluding variety evaluation and testing and research to
use these platforms to deliver natural products/compounds to benefit human and/or animal health.

	 	 	 

	CERES-NOBLE Master Research Agreement
	 	Page 29 of 57

 

 

EXHIBIT F — SEED PRODUCTION AND COMMERCIALIZATION ACTIVITIES

CERES will:

	 	1.	 	Identify growers and establish grower contracts
	 
	 	2.	 	Lease, build or buy production facility
	 
	 	3.	 	Establish quality testing capability
	 
	 	4.	 	Establish a sales force and distribution network and/or distribution
through existing distribution systems such as retail outlets and regional seed
companies and/or establish any other commercialization system.

CERES shall provide to NOBLE a detailed, written annual report on its activities in furtherance of
the obligations of this EXHIBIT, such report shall be due at or about March 31 of each year. In
addition, upon the request of NOBLE at any time, CERES will discuss the their progress and results
achieved in regard to such activities; provided however, such contacts and discussions shall be
reasonable in frequency and duration so as not to be disruptive to the respective operations of
either party.

	 	 	 

	CERES-NOBLE Master Research Agreement
	 	Page 30 of 57

 

 

EXHIBIT
G — MODEL LICENSE AGREEMENT FOR NON-TRANSGENIC
VARIETIES

LICENSE AGREEMENT FOR [VARIETY X]

     THIS AGREEMENT is made this ___ day of _________, 2006 (“Effective Date”), by and between THE
SAMUEL ROBERTS NOBLE FOUNDATION, INC. (“NOBLE”), an Oklahoma nonprofit corporation, and CERES,
INC., a Delaware corporation (“CERES”).

     WHEREAS, CERES and NOBLE entered into a MASTER RESEARCH AGREEMENT, (“MRA”), that contemplates
a long-term research relationship by and between the parties for the enhancement and improvement of
COLLABORATION CROPS (as defined in the MRA) for biomass crops;

     WHEREAS, CERES and NOBLE have jointly developed and jointly own a new SWITCHGRASS variety [X]
pursuant to SCHEDULE(S) [2] [and...] to the MRA;

     WHEREAS, CERES wishes to commercialize SWITCHGRASS variety [X];

WHEREAS, CERES has the ability to assume production of and to commercialize SWITCHGRASS variety [X]
and wishes to receive an exclusive, world-wide license to produce, use, sell and commercially
exploit SWITCHGRASS variety [X];

     WHEREAS, in accordance with the provisions of the MRA concerning the commercialization of
SWITCHGRASS varieties jointly developed and jointly owned by the parties under the MRA, the parties
have developed this Agreement and its terms in accordance with the terms and obligations set forth
in the MRA;

     WHEREAS, CERES and NOBLE recognize that the rights intended to be granted hereunder can be a
strong incentive for CERES to risk money and other resources needed to produce, use, sell and
commercially exploit SWITCHGRASS for wide public enjoyment;

     NOW THEREFORE, in consideration of the premises and of the mutual covenants and agreements
contained herein and of other good and valuable consideration, the parties have agreed and do
hereby agree as follows:

1. DEFINITIONS.

     1.1 “SWITCHGRASS” shall mean the species Panicum virgatum.

     1.2 “LICENSED VARIETY” means the [NAME] SWITCHGRASS variety jointly developed by the parties
pursuant to SCHEDULE(S) [2] to the MRA and released, jointly by NOBLE and CERES, pursuant to the
terms of SCHEDULE(S) [2].

     1.3 “RELEASE DATE” means the date the LICENSED VARIETY was released pursuant to the terms of
SCHEDULE(S) [2].

	 	 	 

	CERES-NOBLE Master Research Agreement
	 	Page 31 of 57

 

 

     1.4 “LICENSED TERRITORY” means the United States of America and all other countries of the
world.

     1.5 “LICENSED PRODUCTION TERRITORY” means the United States of America and all other countries
of the world.

     1.6 “BREEDER SEED” means seed of the LICENSED VARIETY that (a) is identified by NOBLE and
CERES jointly as being of a suitable standard of physical and genetic purity to produce FOUNDATION
SEED and (b) resulted from the final breeding of the LICENSED VARIETY.

     1.7 “FOUNDATION SEED” means seed produced from plants grown directly from BREEDER SEED,
cultivated according to certification regulations and that meets the specifications of the official
seed certifying agency of the jurisdiction in which said seed is/was produced.

     1.8 “REGISTERED SEED” means seed produced from plants grown directly from FOUNDATION SEED,
cultivated according to certification regulations and that meets the specifications of the official
seed certifying agency of the jurisdiction in which the seed is/was produced.

     1.9 “CERTIFIED SEED” means seed produced from plants grown directly from FOUNDATION SEED or
REGISTERED SEED, cultivated according to certification regulations and that meets the
specifications of the official seed certifying agency of the jurisdiction in which the seed is/was
produced.

     1.10 “NON-CERTIFIED SEED” means seed produced from plants cultivated according to
certification regulations of the official seed certifying agency of the jurisdiction in which the
seed is/was produced; however, such seed does not meet the specifications of CERTIFIED SEED but may
be sold as LICENSED VARIETY.

     1.11 “COMMERCIAL SEED” means REGISTERED SEED, CERTIFIED SEED, or NON-CERTIFIED SEED, that is
sold for purposes other than seed production.

     1.12 “INTELLECTUAL PROPERTY RIGHTS” means all rights in any plant variety, patent, plant
breeders rights, registration or equivalent intellectual property protection, or any applications
thereof, for the LICENSED VARIETY, which may be filed in United States of America, or other
jurisdictions, with the exception of TRADEMARKS. INTELLECTUAL PROPERTY RIGHTS, when applied for or
granted, will be set forth in ANNEX A.

     1.13 “JOINT INTELLECTUAL PROPERTY” is expressly defined in the MRA, and such definition is
incorporated by reference herein. Any and all JOINT INTELLECTUAL PROPERTY licensed under this
Agreement shall be set forth in ANNEX A.

     1.14 “NOBLE INTELLECTUAL PROPERTY” is expressly defined in the MRA, and such definition is
incorporated by reference herein. Any and all NOBLE INTELLECTUAL PROPERTY licensed under this
Agreement shall be set forth in ANNEX A.

     1.15 “OTHER RESEARCH RESULTS” is expressly defined in the MRA, and such definition is
incorporated by reference herein.

	 	 	 

	CERES-NOBLE Master Research Agreement
	 	Page 32 of 57

 

 

     1.16 “BACKGROUND INTELLECTUAL PROPERTY” is expressly defined in the MRA, and such definition
is incorporated by reference herein. Any and all NOBLE BACKGROUND INTELLECTUAL PROPERTY licensed
under this Agreement shall be set forth in ANNEX A.

     1.17 “TRADEMARK” means any trademark, trade name or logo owned by CERES and intended for use
with a LICENSED VARIETY; provided however, it is recognized that U.S. regulations prohibit the
registration of any plant variety name as a trademark or trade name.

     1.18 “COMMERCIAL NAME” means the complete, preferred name of a LICENSED VARIETY under which a
specific LICENSED VARIETY will be marketed and sold.

     1.19 “NET SELLING PRICE” means the actual wholesale price for seeds of the LICENSED VARIETY
received by CERES or any AFFILIATED COMPANY for the sale of such seed, excluding seed for further
seed production, less any (a) customary trade, quantity, or cash discounts; (b) amounts repaid or
credited by reason of rejection or return; (c) any sales, use, tariff, customs duties, V.A.T.
and/or other taxes, duties and similar governmental assessments (except taxes based on income); and
(d) outbound transportation, shipping, packing, costs of insurance in transit paid by CERES or an
AFFILIATED COMPANY; subject in all cases to (a) to (d) being separately charged on customer
invoices or credit notes. Where there is no identifiable sale price or when a LICENSED VARIETY is
sold to other than bona fide, arms length customers of CERES or any AFFILIATED COMPANY, CERES or
the AFFILIATED COMPANY shall be deemed to have received the NET SELLING PRICE calculated based only
on the final sale of the seed (wholesale level) to an independent third party, otherwise referred
to as net wholesale price payable by dealers. If no such current price is available, a hypothetical
fair market value price will be determined by the parties jointly in good faith for the purpose of
calculating NET SELLING PRICE.

     1.20 “LICENSE INCOME” means the gross amount actually received by either CERES or any
AFFILIATED COMPANY in consideration for the grant of SUBLICENSES to SUBLICENSEES that are not
AFFILIATED COMPANIES to produce and sell seed of the LICENSED VARIETIES, including up-front fees,
lump sum payments and any running royalties on a product-by-product and
jurisdiction-by-jurisdiction basis, without deduction of any kind.

     1.21 “AFFILIATED COMPANY” means any company owned or controlled by, under common control with
or controlling CERES, “control” meaning in this context the direct or indirect ownership of fifty
percent (50%) or more of the voting stock/shares of a company, or the power to nominate at least
half of the directors.

     1.22 “SUBLICENSE” means any sublicense granted (a) by CERES to an AFFILIATED COMPANY or (b) by
CERES or an AFFILIATED COMPANY to any third party (“SUBLICENSEE”), as authorized by this Agreement,
to produce and sell a LICENSED VARIETY (or LICENSED VARIETIES).

     1.23 “NOBLE CONTRIBUTION” means NOBLE’S percentage of contribution to the total research and
development costs of the LICENSED VARIETY in accordance with the agreement of the parties set forth
in ANNEX B.

     1.24 “MARKETING PLAN” means a detailed written plan for production, distribution, selling and
promotion of each LICENSED VARIETY prepared by or on behalf of CERES and

	 	 	 

	CERES-NOBLE Master Research Agreement
	 	Page 33 of 57

 

 

submitted to NOBLE. A MARKETING PLAN may be (a) binding, i.e., the performance of CERES
(through CERES and/or any SUBLICENSEE) shall be reasonably compared to forecasts and/or projections
therein, or (b) non-binding, i.e., the performance of CERES (through CERES and/or any SUBLICENSEE)
shall not be compared by forecasts and/or projections therein and such forecasts and/or projections
are merely advisory. Each MARKETING PLAN, binding or non-binding, shall include at least the
information outlined in ANNEX C. Actual, adopted MARKETING PLANS shall be attached as
further annexes to this Agreement as adopted and identified as “binding” or “non-binding” as agreed
to by the parties.

2. GRANT OF LICENSE.

     2.1 Subject to the reservations of Paragraph 2.2, NOBLE hereby grants CERES under NOBLE’S
interest in any JOINT INTELLECTUAL PROPERTY and OTHER RESEARCH RESULTS; the NOBLE INTELLECTUAL
PROPERTY set forth in ANNEX A; and the NOBLE BACKGROUND INTELLECTUAL PROPERTY set forth in
ANNEX A:

	 	(a)	 	the exclusive right of access to BREEDERS SEED, whether produced
by NOBLE or CERES;
	 
	 	(b)	 	the exclusive right to produce all seed of the LICENSED VARIETY
in the LICENSED PRODUCTION TERRITORY, including BREEDER SEED for which such
production right shall be non-exclusive between CERES and NOBLE; and
	 
	 	(c)	 	the exclusive right to use, sell and commercially exploit the
seed of the LICENSED VARIETY in the LICENSED TERRITORY.

     2.2 Notwithstanding Paragraph 2.1, NOBLE shall have an irrevocable, nonexclusive,
nontransferable, royalty-free right to produce, use and evaluate the LICENSED VARIETY for any
research, development, breeding, evaluation, demonstration and/or educational purpose or program
conducted by NOBLE in accordance with the terms of the MRA.

     2.3 Sublicenses. CERES shall have the right to grant SUBLICENSES within the LICENSED
TERRITORY provided that:

	 	(a)	 	Any such SUBLICENSE shall be personal to the SUBLICENSEE and
shall not be assignable unless to an affiliated company of that SUBLICENSEE,
defined similarly as in Paragraph 1.21.
	 
	 	(b)	 	The terms and obligations of any such SUBLICENSE shall be
consistent with the terms and obligations of this Agreement. Notwithstanding,
CERES shall remain responsible for the operations of its SUBLICENSEES relevant
to this Agreement as if such operations were conducted and carried out by CERES,
including, but not limited to, the payment of all fees and royalties due under
this Agreement.
	 
	 	(c)	 	CERES further shall deliver to NOBLE (under an obligation of
confidentiality) a written summary of each SUBLICENSE agreement, which shall
include the

	 	 	 

	CERES-NOBLE Master Research Agreement
	 	Page 34 of 57

 

 

	 	 	 	name and address of the SUBLICENSEE, scope of the SUBLICENSE,
exclusive/non-exclusive status, territory, remuneration, reporting and
diligence obligations, if any. This summary shall be provided within thirty
(30) days after execution, modification or termination of the summarized
agreement.
	 
	 	(d)	 	CERES will use commercially reasonable efforts to collect any and
all amounts due to CERES under any sublicense for the sale of seed of the
LICENSED VARIETY.

     2.4 CERES shall not sell or supply to any SUBLICENSEE, seed growing contractor or to any other
third party any BREEDER SEED or FOUNDATION SEED for the purpose of seed production without an
agreement obligating the recipient to sell or deliver the resultant seed to CERES, any AFFILIATED
COMPANY, a SUBLICENSEE or authorized distributor or retailers as directed by CERES.

     2.5 Nothing in this Agreement shall be construed as conferring by implication, estoppel, or
otherwise any license or rights under any INTELLECTUAL PROPERTY RIGHTS, whether owned by NOBLE or
licensed to NOBLE, other than the one(s) expressly set forth in this Agreement.

     2.6 Notwithstanding Paragraph 2.4, CERES may supply unlabelled (i.e. without certification
tag) COMMERCIAL SEED to a third party for the limited purposes of evaluating the agronomic
performance of the LICENSED VARIETY. The third party shall enter into a written agreement with
CERES that the seed supplied will not be used for further multiplication.

3. INTELLECTUAL PROPERTY RIGHTS.

     3.1 CERES agrees to prepare and file, or have prepared and filed, any and all applications for
plant variety rights or other forms of intellectual property protection for the LICENSED VARIETY in
the United States. Applications for plant variety rights shall be filed in the name of CERES and
NOBLE and patent applications in the name of CERES and NOBLE, CERES or NOBLE, depending on who owns
the invention. At CERES’ discretion, plant variety rights and/or other forms of intellectual
property protection may be filed in any other jurisdiction.

     3.1.1 If CERES intends to abandon any plant variety rights, pending or granted in any
jurisdiction, CERES shall first give sufficient written notice to NOBLE to permit NOBLE the
opportunity to assume such filing, examination and/or maintenance without prejudice and
Paragraph 2.10 of the MRA will apply.

     3.1.2 Any application for plant variety rights shall reflect the COMMERCIAL NAME of the
LICENSED VARIETY (Paragraph 5).

     3.2 CERES and NOBLE will consult with regard to INTELLECTUAL PROPERTY RIGHTS.

     3.3 The obligations of this paragraph shall not apply to any jurisdictions in which CERES has
elected not to apply for intellectual property protection. CERES and NOBLE shall avoid carrying out
any act that would prejudice the grant of INTELLECTUAL PROPERTY RIGHTS. Without limitation, neither
party shall make available reproductive material of the LICENSED VARIETY at a

	 	 	 

	CERES-NOBLE Master Research Agreement
	 	Page 35 of 57

 

 

date or in a manner that might jeopardize the right to seek INTELLECTUAL PROPERTY RIGHTS protection
for the LICENSED VARIETY. CERES, whether directly or through any SUBLICENSEE, shall not sell any
seeds of the LICENSED VARIETY until such time as the requirements for INTELLECTUAL PROPERTY RIGHTS
have been established. The provisions of this Paragraph 3.3 shall not restrict or otherwise
penalize any Disclosure authorized pursuant to Paragraph 11.4 of this Agreement.

     3.4 CERES shall use all reasonable endeavors to ensure in any sales jurisdiction of the
LICENSED TERRITORY in which INTELLECTUAL PROPERTY RIGHTS exist that all bags or containers supplied
by CERES and any SUBLICENSEE containing only seed of such LICENSED VARIETY are clearly labeled to
show that the LICENSED VARIETY is protected by INTELLECTUAL PROPERTY RIGHTS.

4. LICENSED VARIETY CONSIDERATION.

     4.1 In partial consideration for the rights granted in Paragraph 2.1 of this Agreement, CERES
shall be responsible for any and all fees and expenses incurred in filing, examining, certifying
and maintaining any INTELLECTUAL PROPERTY RIGHTS for the LICENSED VARIETY, subject to the
provisions of Paragraph 3.

     4.2 In partial consideration for the rights granted hereunder, CERES agrees to pay to NOBLE,
on behalf of CERES and any AFFILIATED COMPANY, for the LICENSED VARIETY, a royalty of:

	 	(a)	 	the percentage determined in accordance with Section 1.1 of
ANNEX B multiplied by the NOBLE CONTRIBUTION, of the NET SELLING PRICE for
the naked seed weight (exclusive of any coating materials that may be applied)
of all COMMERCIAL SEED of the LICENSED VARIETY, except that seed subject to
Paragraphs 4.2(c), sold in the United States by CERES or any AFFILIATED COMPANY;
	 
	 	(b)	 	the percentage set forth in Section 1.2 of ANNEX B
multiplied by the NOBLE CONTRIBUTION, of any LICENSE INCOME received by CERES or
any AFFILIATED COMPANY from a SUBLICENSEE who is not an AFFILIATED COMPANY; and
	 
	 	(c)	 	[***] of the NET SELLING PRICE for the naked seed weight
(exclusive of any coating materials that may be applied) of all seed sold as
“variety not stated,” wherein such “variety not stated” seed (i.e., limited
quantities of COMMERCIAL SEED sold for inventory control and seed that does not
satisfy the standards of COMMERCIAL SEED) cannot be associated with, directly or
indirectly, any COMMERCIAL NAME or include any other designations that identify
such material as the LICENSED VARIETY.

     4.3 [OPTIONAL] Notwithstanding any other provision contained in this Agreement and
irrespective of the level of sales of seeds of the LICENSED VARIETY under this Agreement, CERES
shall pay to NOBLE for each calendar year of the term hereof a minimum royalty with respect to the

	 	 	 

	CERES-NOBLE Master Research Agreement
	 	Page 36 of 57

Confidential
Treatment Requested and the Redacted Material has been separately filed with the Commission

 

 

designated LICENSED VARIETY only, according to the following schedule. Payment of this minimum
royalty shall be due on or before March 31 of the succeeding year for which the payment is due.

Minimum Royalties for LICENSED VARIETY ONLY:

	 	 	 

	Calendar Year
	 	Minimum Royalty (USD)

     4.4 [OPTIONAL] The minimum royalty of Paragraph 4.3 shall not carry forward to subsequent
calendar years as royalty credit against future sales. For clarification, the following rules shall
guide the relationship between royalties and minimum royalties:

	 	(a)	 	if the royalty payments due under Paragraph 4.2 are less than the
minimum royalty of Paragraph 4.3 in a given year, then only the minimum royalty
of Paragraph 4.3 shall be payable;
	 
	 	(b)	 	if the royalty payments due under Paragraph 4.2 exceed the
minimum royalty of Paragraph 4.3 in a given year, then the minimum annual
royalty shall not be payable; and
	 
	 	(c)	 	should there be a failure in production of seed of the LICENSED
VARIETY where CERES can evidence that sufficient acreage was established to
produce adequate seed for payment of the minimum royalty of Paragraph 4.3 and
production of seed failed due to circumstances beyond the control of CERES or
CERES’ contract grower(s), then the minimum royalty will be paid pro-rata to the
extent of the failure of seed production.

     4.5 CERES shall be responsible for the collection and payment of royalties due to NOBLE for
all seed sold in the LICENSED TERRITORY.

     4.6 CERES shall, in addition to any payments due under Paragraphs 4.1 or 4.2, pay all goods
and service taxes (or other taxes) due on its commercial activity. Where any royalty payments are
subject to a withholding tax then:

	 	(a)	 	where the tax is reclaimable by CERES or any AFFILIATED COMPANY,
then CERES shall make the royalty payment without deduction; and
	 
	 	(b)	 	where the tax is non reclaimable by CERES or any AFFILIATED
COMPANY, then CERES shall pay the net royalty and shall provide to NOBLE proper
certificates for such withholding tax.

     4.7 All sums payable by CERES to NOBLE under this Agreement shall be payable in United States
dollars. Royalties shall be payable by March 31 of each year with respect to the NET

	 	 	 

	CERES-NOBLE Master Research Agreement
	 	Page 37 of 57

 

 

SELLING PRICE and LICENSE INCOME received by CERES and any AFFILIATED COMPANIES in the
preceding calendar year. Payments shall be made by check to the following address:

Vice President, General Counsel

The Samuel Roberts Noble Foundation, Inc.

2510 Sam Noble Parkway

Ardmore, Oklahoma 73401

     Such payments shall be accompanied by a written report setting forth the production, sales by
CERES, and each SUBLICENSEE, of seed during the calendar year, permitted exclusions, NET SELLING
PRICE, LICENSE INCOME, the royalties due, and all uncollected amounts due CERES (and any AFFILIATED
COMPANY) from SUBLICENSEES. If no royalties are due, CERES also shall so report.

     4.8 If the LICENSED VARIETY is sold in jurisdictions other than the United States, the parties
will jointly determine in good faith the applicable royalty rates and minimum annual royalties (if
any).

     4.9 Payments required under this Agreement shall, if overdue, bear interest at a per annum
rate of one percent (1%) above the prime interest rate in effect on the due date, as reported in
the Wall Street Journal, from the date the payment is due until it is received.

5. DENOMINATIONS, VARIETY NAMES, TRADE MARKS AND BRAND INTEGRITY.

     5.1 The parties acknowledge that the denomination for the subject variety is established as:
[X].

     5.2 CERES shall use the denomination of the LICENSED VARIETY to identify that variety and
shall not associate any TRADEMARK or any tradename or similar indication with the denomination.

     5.3 CERES will determine a COMMERCIAL NAME for the LICENSED VARIETY under which the seed of
the LICENSED VARIETY will be marketed and sold.

     5.4 CERES shall use all reasonable endeavors to ensure that all references made by CERES, any
AFFILIATED COMPANY, or any SUBLICENSEE to the LICENSED VARIETY shall use the COMMERCIAL NAME for
the LICENSED VARIETY, as specified in applicable INTELLECTUAL PROPERTY RIGHTS, and shall use its
best endeavors to ensure that all references by other parties shall use the same COMMERCIAL NAME
and shall use this name in a manner which distinguishes it from any TRADEMARK. CERES, any
AFFILIATED COMPANY or any SUBLICENSEE shall not falsely represent that any seeds of another variety
being sold or offered for sale are seeds of the LICENSED VARIETY.

     5.5 CERES may determine TRADEMARK(s) associated or intended for use with a LICENSED VARIETY.
CERES shall be the owner of all rights in any such TRADE MARK, chosen, applied to, used or
registered in association with the LICENSED VARIETY.

	 	 	 

	CERES-NOBLE Master Research Agreement
	 	Page 38 of 57

 

 

6. SEED QUALITY AND PERFORMANCE REGULATIONS.

     6.1 CERES shall be responsible for multiplying seed of the LICENSED VARIETY within the
LICENSED PRODUCTION TERRITORY and using commercially reasonable efforts to produce, market and sell
the resultant seed so as to ensure that COMMERCIAL SEED of the LICENSED VARIETY is commercially
available in the United States in reasonable quantities and at a reasonable price no later than
three (3) years from the Effective Date. Availability in foreign markets, if any, of the LICENSED
VARIETY shall be determined by CERES no later than two (2) years after U.S. commercialization of
such LICENSED VARIETY.

     6.2 CERES shall meet its own cost of promotion, overseas trials and listing of the LICENSED
VARIETY in the LICENSED TERRITORY.

     6.3 CERES shall use reasonable endeavors to ensure that all seed of the LICENSED VARIETY
offered for sale by CERES, any AFFILIATED COMPANY or SUBLICENSEE shall meet the normally accepted
standards of the seed trade or certifying authorities relating to seed quality within the relevant
jurisdiction of the LICENSED TERRITORY.

     6.4 Where CERES wishes to dispose of seeds of the LICENSED VARIETY without identity, CERES
shall obtain prior written approval by NOBLE before disposing of any seed of the LICENSED VARIETY,
such approval not to be unreasonably withheld. In the event that no response is received within
five (5) working days of the request for approval being made then it shall be deemed that consent
has been granted.

     6.5 CERES shall advise NOBLE of any downgrading of FOUNDATION SEED of the LICENSED VARIETY.

     6.6 When performing activities pursuant to this Agreement, each party shall be responsible for
complying with all applicable laws, rules and regulations and obtaining any and all permits or
authorizations or proceed to any notifications which may be required by such laws, rules and
regulations.

     6.6.1 CERES shall at all times comply with and abide by any governing act, rules,
regulations, by-laws, plant variety rights legislation or the like and/or requirements
relating to the quality and sale of seeds of the LICENSED VARIETY in the relevant
jurisdictions of the LICENSED TERRITORY and shall use all reasonable commercial endeavors to
obtain any necessary regulatory approvals for the LICENSED VARIETY.

7. DILIGENCE.

     7.1 CERES will use commercially reasonable efforts to actively market the LICENSED VARIETY in
the LICENSED TERRITORY, wherein such efforts shall be appropriately reflected in the MARKETING
PLAN.

     7.2 CERES shall submit to NOBLE with its annual report under Paragraph 4.7 a report of
progress made by CERES (and any AFFILIATED COMPANY), directly or through its SUBLICENSEES, in
achieving marketing goals of previous years and meeting the objectives of the MARKETING PLAN
submitted and agreed upon for the LICENSED TERRITORY. From time to

	 	 	 

	CERES-NOBLE Master Research Agreement
	 	Page 39 of 57

 

 

time, but at least annually, CERES shall submit an amended and updated MARKETING PLAN for
NOBLE’S review and acceptance, which will not be unreasonably withheld or delayed.

     7.3 [IF A BINDING MARKETING PLAN] If CERES fails to meet the MARKETING PLAN performance
requirements with respect to the LICENSED VARIETY in two (2) subsequent years and such failure
amounts to more than 20% percent in each such year, NOBLE shall have the right to convert the
license granted to CERES with respect to such LICENSED VARIETY to non-exclusive, by written notice
to CERES, provided that the parties shall first, upon the initiative of either party, discuss the
circumstances and make good faith efforts to provide an alternative solution. If this Agreement is
converted to a non-exclusive grant, no further diligence obligations shall apply.

     7.4 [OPTIONAL] Minimum diligence requirements for each LICENSED VARIETY, if any, shall be
satisfied by the payment of the annual minimum royalty amounts for the prescribed years for only
the specific LICENSED VARIETY set forth in Paragraph 4.4.

     7.4.1 If CERES fails to pay to NOBLE the prescribed annual minimum royalty, NOBLE shall
have the right to convert the license granted to CERES with respect to such LICENSED VARIETY
to non-exclusive, by written notice to CERES.

     7.4.2 Upon CERES’ written request, this Agreement shall be amended to terminate the
annual minimum royalty and to convert the exclusive license grant of Paragraph 2.1 to a
non-exclusive license grant.

8. BOOKS, RECORDS AND RIGHT OF AUDIT.

     8.1 CERES shall keep and shall cause any SUBLICENSEE to keep accurate records of all
production and sales of seeds of the LICENSED VARIETY in each country of the LICENSED TERRITORY
where such sales are made. These records should include, at least, the number of acres of LICENSED
VARIETY seed under production, the physical location of each LICENSED VARIETY production field
owned or controlled by CERES, any AFFILIATED COMPANY or any SUBLICENSEE, the total amount of
LICENSED VARIETY seed produced, the total amount of LICENSED VARIETY seed sold, including
specifically the amount of COMMERCIAL SEED sold and the amount of seed sold and/or disposed of
without identity (under Paragraph 6.4 and subject to royalties under Paragraph 7.2(e)) and all
invoices or shipping documents relating to such sales.

     8.2 CERES shall allow an independent auditor, reasonably acceptable to CERES, appointed by and
paid for by NOBLE to inspect the records of CERES and any AFFILIATED COMPANY pertaining to the
LICENSED VARIETY for the exclusive purpose of verifying the accuracy of the reports provided. Any
such audit shall occur no more frequently than annually. Any such inspection shall occur during
normal business hours and after NOBLE has provided written notice at least ten business days prior
to the date of the intended inspection. NOBLE agrees that it and its representatives will hold the
information obtained from the inspection in confidence, and not use it for any purpose other than
verification of the royalties required to be paid hereunder.

	 	 	 

	CERES-NOBLE Master Research Agreement
	 	Page 40 of 57

 

 

9. ABATEMENT OF INFRINGEMENT.

     9.1 Each party shall notify the other of any suspected infringement of any INTELLECTUAL
PROPERTY RIGHTS covering the LICENSED VARIETY. During the term of this Agreement, CERES shall have
right, but shall not be otherwise required, to bring suit to abate such infringement.

     9.1.1 Subject to Paragraph 9.1.2, CERES will have the exclusive right, at its own
discretion and expense, to take any action to enforce and to initiate and prosecute suits
for infringement of the INTELLECTUAL PROPERTY RIGHTS. CERES and NOBLE will consult with each
other upon a course of action and enforcement strategy. CERES will be responsible for the
conduct of any such enforcement action, and NOBLE will reasonably cooperate with CERES to
effect the enforcement action, and if appropriate, determine a settlement position. CERES
shall be responsible for retaining counsel and shall promptly notify NOBLE following
retention of counsel, and NOBLE agrees to be represented by such counsel as may be required
for any enforcement action or settlement. For purposes of settlement, CERES shall be the
contact with the parties’ counsel as well as the opposing party(ies) and shall have the
right to enter into settlements. CERES shall keep NOBLE advised as to all developments with
respect to the enforcement action and settlement discussions, which includes supplying to
NOBLE copies of all papers received and filed in sufficient time for NOBLE to comment
thereon. NOBLE may attend any and all meetings with the parties’ counsel and the opposing
side for settlement purposes. NOBLE agrees to voluntarily join in any action brought by
CERES as a party plaintiff/defendant, if necessary, at the expense of CERES. If necessary,
NOBLE agrees to enter into a joint defense agreement.

     9.1.2 If the license grant of Paragraph 2.1 converts from exclusive to non-exclusive
pursuant to Paragraph 7.3, or Paragraph 7.4.1 or Paragraph 7.4.2, either party will have the
right, after the date such conversion occurs (“CONVERSION DATE”), to initiate any new action
to enforce and to initiate and prosecute new suits for infringement of the INTELLECTUAL
PROPERTY RIGHTS, provided however, that (a) nothing in this Paragraph 9.1.2 shall affect any
actions, suits or proceedings pending before the CONVERSION DATE and (b) NOBLE shall not
have the right to take any action relating to any infringement matters for which CERES had
initiated any action, suit or proceeding prior to the CONVERSION DATE nor grant any license
or sublicense on the INTELLECTUAL PROPERTY RIGHTS to any party against whom CERES had
initiated such action, suit or proceeding or with whom CERES is involved in any proceedings
(e.g. interference, opposition in any patent office).

     9.2 Any damages received by the CERES as a result of an enforcement action of the INTELLECTUAL
PROPERTY RIGHTS, after deduction of all enforcement related costs incurred by such party, shall be
considered as either NET SELLING PRICE or LICENSE INCOME for the purpose of remuneration payments
to NOBLE, to whichever the damages are reasonably deemed equivalent; provided however, that any
award that exceeds compensation for loss of revenue, costs and expenses incurred by CERES (e.g.
punitive damages), after deduction of all enforcement related costs incurred by CERES, will be
shared as follows: NOBLE will be entitled to a percentage of the award equal to the NOBLE
CONTRIBUTION (See ANNEX B Article 2) and CERES will be entitled to the remainder.

	 	 	 

	CERES-NOBLE Master Research Agreement
	 	Page 41 of 57

 

 

10. TERM AND TERMINATION.

     10.1 Subject to any other rights of termination under this paragraph, this Agreement shall
have a term equal to:

(a) on a jurisdiction-by-jurisdiction basis, the term of the
INTELLECTUAL PROPERTY RIGHTS in the respective jurisdiction covering the
LICENSED VARIETY; or

 

(b) in those jurisdictions in which the LICENSED VARIETY is sold but
no INTELLECTUAL PROPERTY RIGHTS are obtained, fifteen (15) years from the date
of the first sale of a LICENSED VARIETY in such jurisdiction.

 

     10.2 Each party shall have the right to terminate this Agreement unilaterally by giving
written notice of termination to the other party if such other party fails to satisfy its material
obligations, which shall include but are not limited to, making required reports and making
required payments, under this Agreement, and such party subsequently fails to cure such failure(s)
within (a) thirty (30) days for failures to remit payment for amounts due under this Agreement and
(b) ninety (90) days for all other obligations after receipt of written notice from the
non-breaching party specifying such failure.

     10.3 NOBLE will have the right to terminate this Agreement unilaterally with thirty (30) days’
written notice to CERES, (a) if CERES seeks protection under any bankruptcy, insolvency,
receivership, trust, deed, creditors arrangement or comparable proceeding or if any such proceeding
is instituted against CERES (and not dismissed within one hundred twenty (120) days) or (b) in case
of dissolution or winding up of CERES (excluding any situation where all or substantially all of
CERES’ assets, stock or business to which this Agreement relates are acquired by a third party
(whether by sale, acquisition, merger, operation of law or otherwise)).

     10.4 CERES may after consultation with NOBLE terminate this Agreement by written notice if in
the commercially reasonable opinion of CERES the markets for the LICENSED VARIETY change or do not
develop as anticipated, so as to render the production, promotion and sale of the LICENSED VARIETY
uneconomical or impractical or if CERES decides to cease substantially all activities in
SWITCHGRASS; provided however, CERES shall terminate its promotion, marketing and sales of the
LICENSED VARIETY, whether directly or through any SUBLICENSEES.

     10.5 The parties may terminate this Agreement at any time by mutual, written agreement.

     10.6 Termination of this Agreement for any reason will not relieve either party of any
obligation or liability accrued under this Agreement before termination or rescind any payments
made or due before termination. Paragraphs 8, 10, 11, 13, 14, 15, 16, and 17 will survive any
termination of this Agreement.

     10.7 Upon termination by CERES pursuant to Paragraph 10.2, NOBLE will promptly deliver to
CERES any and all BREEDER SEED in its possession and promptly upon harvesting, any of the
aforementioned seed from plants which are in the field on the termination date, and NOBLE will
grant CERES access to facilities and fields under its control for the purpose of collecting
germplasm of the LICENSED VARIETIES other than seed.

	 	 	 

	CERES-NOBLE Master Research Agreement
	 	Page 42 of 57

 

 

     10.8 Termination of this Agreement shall not affect the rights and obligations of the parties
accrued prior to termination hereof.

     10.9 Upon termination of this Agreement, no existing SUBLICENSES granted by CERES or
AFFILIATED COMPANIES to third parties shall be affected by such termination, and all such
sublicenses shall remain in effect according to their terms, pursuant to the election of each
SUBLICENSEE. NOBLE shall continue to be entitled to payments relating to such SUBLICENSES pursuant
to this Agreement and such SUBLICENSES.

     10.10 Termination of this Agreement shall not prevent:

     (a) NOBLE from recovering any royalties due as of termination; and

     (b) either party from obtaining a remedy for any breach of the
provisions of this Agreement.

11. CONFIDENTIALITY AND PUBLICATIONS.

     11.1 As used in this Agreement, the term “Confidential Information” shall mean (a) all
non-public-information received by one party from the other in the framework of this Agreement and
(b) any and all information, results (including materials) and observations generated by NOBLE in
the performance of any this Agreement. Confidential Information can include, but is not limited to,
information concerning the disclosing party’s operations, research, processes, techniques, data,
and non-public materials.

     11.2 From receipt to five (5) years after the disclosure of the relevant CONFIDENTIAL
INFORMATION, the receiving party shall not use, except (a) for the benefit of the parties’
collaboration, or (b) such use as is expressly allowed by this Agreement, and/or disclose any
Confidential Information to any third party without the prior written consent of the disclosing
party if the Confidential Information was received from the other party, or the prior written
consent of both parties if the Confidential Information was generated during the performance of
this Agreement, excepting that information described in Paragraph 11.3. Confidential Information
shall only be made accessible to each party’s employees or students on a need-to-know basis.
Manuscripts and papers published in scientific journals and presentations made at public meetings
that include Confidential Information are exempt from the conditions of this paragraph, provided
the parties followed the procedure set forth in Paragraph 11.4.

     11.3 The receiving party shall have no obligations of confidentiality for information that:
can be established through written evidence to be in the possession of the receiving party prior to
the disclosure by the disclosing party; is or becomes public knowledge through no fault of the
disclosing party; is acquired from others not under an obligation of confidentiality to the
disclosing party. In addition, CERES shall have the right to proceed to disclosures of Confidential
Information (a) as required to file for INTELLECTUAL PROPERTY RIGHTS or registration, (b) as
required to exercise its commercialization rights granted in or on the basis of this Agreement and
for related marketing activities, (c) as required by laws, rules or regulation or court ordering
such as, without limitation, SEC regulations, or (d) in CERES’ reasonable judgment, to (potential)
investors and business partners.

	 	 	 

	CERES-NOBLE Master Research Agreement
	 	Page 43 of 57

 

 

     11.4 The parties agree that the researchers involved in the development of the LICENSED
VARIETY are permitted to present methods and/or results of the development activities at symposia
and professional meetings and to publish the same in journals or the like, subject to the
obligations of this paragraph. If either party wishes to present results of the evaluation
activities set forth in this Agreement at symposia and professional meetings or publish the same in
journals or the like, the disclosing party must furnish copies of any proposed publication,
presentation, or disclosure (collectively “Disclosure”) to the other party at least thirty (30)
days in advance of the specific submission, presentation, or other disclosure. If the
non-disclosing party raises an objection within such thirty (30) day period with respect to any
part of the proposed Disclosure, the parties will diligently cooperate to modify the objected
matter. The non-disclosing party’s consent will be required for such Disclosure, but such consent
will not unreasonably be withheld. If no objection is raised within the aforementioned thirty (30)
day period, the disclosing party may proceed with the Disclosure.

     11.5 Each party shall be responsible for requiring any and all of its employees or students
who will perform activities under this Agreement to be bound by a written agreement(s) that commits
their inventions, discoveries, and other intellectual property to the party-employer and requires
confidential treatment of party and third-party confidential information. Each party shall further
notify each such employee, in writing, of their obligations and responsibilities under the terms of
this Agreement, including but not limited to the provisions of this Paragraph 11.

12. NOTICES.

     Any notices required to be given or which shall be given under this Agreement shall be in
writing and delivered by first class mail or overnight (trackable) courier addressed to the Parties
as follows:

Vice President of Product Development

Ceres, Inc.

1535 Ranch Conejo Blvd.

Thousand Oaks, California 91320

Vice President, General Counsel

The Samuel Roberts Noble Foundation, Inc.

2510 Sam Noble Parkway

Ardmore, Oklahoma 73401

     In the event that notices under this Agreement are sent by certified or registered mail (or
alternatively, by overnight courier) by one party to the other party at its above address, they
shall be deemed to have been given or made as of the date so mailed.

13. DISCLAIMERS.

     13.1 EXCEPT AS SET FORTH IN PARAGRAPH 17, THE PARTIES ACKNOWLEDGE AND AGREE THAT NEITHER PARTY
HAS MADE ANY REPRESENTATIONS OR WARRANTIES, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO,
WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE.

	 	 	 

	CERES-NOBLE Master Research Agreement
	 	Page 44 of 57

 

 

     13.2 IN NO EVENT SHALL EITHER PARTY BE HELD RESPONSIBLE FOR ANY SPECIAL, INDIRECT, INCIDENTAL
OR CONSEQUENTIAL DAMAGES OR LOSS OF PROFIT ARISING OUT OF THE USE OF ANY INTELLECTUAL PROPERTY
RIGHTS COVERED BY THIS AGREEMENT, OR THE IMPLEMENTATION OF THIS AGREEMENT, EVEN IF SUCH PARTY IS
ADVISED IN ADVANCE OF THE POSSIBILITY OF SUCH DAMAGES.

     13.3 NOBLE shall not be liable under any circumstances, whether in contract, in tort, under
any warranty, in negligence or otherwise, for any incidental, indirect, special or consequential
damages resulting from the exercise of CERES’ rights under the option and/or license granted
pursuant to this Agreement or from the production, sale, storage, use or attempted use of the
LICENSED VARIETY, including, but not limited to, damage to real or personal property, including
land, livestock, crops, plants, seed or feed crop.

     13.4 Nothing in this Agreement shall be construed as:

	 	(a)	 	a warranty or representation by either party as to the validity
or scope of any INTELLECTUAL PROPERTY RIGHTS, patent rights or plant variety
rights;
	 
	 	(b)	 	a warranty or representation by either party that anything made,
used, sold or otherwise disposed of pursuant to any license granted under this
Agreement is or will be free from infringement of patents of third parties;
	 
	 	(c)	 	any obligations by either party to bring or prosecute actions or
suits against third parties for patent infringement; and
	 
	 	(d)	 	a grant by implication, estoppel, or otherwise of any licenses
under any intellectual property rights of NOBLE or other persons other than as
provided in Paragraph 2.1 hereof.

14. INDEMNIFICATION.

     Excluding those acts directly attributable to the negligence or willful misconduct of NOBLE,
CERES agrees to indemnify, hold harmless and defend NOBLE, its trustees, officers, employees and
agents and the breeders (as named in the INTELLECTUAL PROPERTY RIGHTS, if any) against any and all
liability and/or damages with respect to any claims, suits, demands, judgments or causes arising
out of (a) the production, development, storage, sale or any other use of the LICENSED VARIETY seed
and/or exercise of rights granted hereunder by CERES, its SUBLICENSEES, distributors, agents,
representatives or AFFILIATED COMPANIES; (b) the use by end-users and other third parties of
LICENSED VARIETY seed; and/or (c) any representation, warranty or statement by CERES, its
SUBLICENSEES, distributors, agents, representatives or AFFILIATED COMPANIES, concerning NOBLE,
LICENSED VARIETY seed or any INTELLECTUAL PROPERTY RIGHTS. In the event any such claims, demands or
actions are made, CERES shall defend NOBLE at CERES’ sole expense by counsel selected by CERES and
reasonably acceptable to NOBLE. NOBLE shall promptly notify CERES, in writing, of any such claims,
suits or demands upon discovery and shall cooperate with CERES in the defense, provided that CERES
shall have the right to lead the defense including entering into any settlement. CERES will keep
NOBLE informed about the conduct of the defense and consult NOBLE regarding any settlement
proposals.

	 	 	 

	CERES-NOBLE Master Research Agreement
	 	Page 45 of 57

 

 

15. PUBLICITY AND USE OF NAMES.

     15.1 Neither party shall publicize or disclose the terms of this Agreement without the prior
written approval of the other party, subject to the same exceptions as set forth in Paragraph
11.3(a) through (d).

     15.2 The parties intend to issue joint press releases regarding this collaboration. Any such
press release and any press release by either party will be subject to the prior written approval
of both parties; provided however, that (i) CERES shall have the right to otherwise disclose
information as may be required in CERES’ judgment to comply with SEC regulations or other laws,
rules or regulations governing disclosure of information and (ii) NOBLE shall have the right to
otherwise disclose information as may be required in NOBLE’S judgment to comply with IRS or state
regulations or other laws, rules or regulations governing disclosure of information.
Notwithstanding the unilateral disclosure rights provided for in this paragraph, the disclosing
party shall provide the other party a copy of any such unilateral disclosure preferably prior to
its release.

     15.3 CERES, any AFFILIATED COMPANY and any SUBLICENSEE may make known in promotional materials
and technical literature that the LICENSED VARIETY was evaluated and developed for
commercialization at NOBLE and seed is produced, marketed, and sold under a license from NOBLE;
provided, however, that such use shall not state or otherwise imply that NOBLE has any relationship
with CERES outside its publicized relationships (e.g., licensor-licensee, etc.). NOBLE shall have
the right to review and must pre-approve, in writing, any and all such provided materials and
technical literature that references NOBLE or its employees prior to its public release.

     15.4 CERES, any AFFILIATED COMPANY and any SUBLICENSEE shall include on (or affix to) the seed
packaging (e.g., bag or other container) and promotional materials the NOBLE mark set forth in
ANNEX D to this Agreement in accordance with the terms and conditions set forth therein.
NOBLE shall have the right to review and must pre-approve, in writing, any and all materials,
including seed packaging, that includes or is intended to include the mark of ANNEX D.

16. DISPUTE RESOLUTION.

     All disputes, differences or questions arising out of or in connection with this Agreement or
its ANNEXES, or related to the alleged breach, termination, validity, interpretation or violation
thereof, shall be submitted to the MANAGEMENT COMMITTEE for resolution, which shall convene,
whether in person or otherwise, to resolve such dispute in a timely manner. Either party may
initiate a resolution procedure by providing written notice (“Dispute Notice”) to the other party,
and any such Dispute Notice must set forth the subject matter of the dispute, difference or
question. If after sixty (60) days the dispute remains unresolved, the presidents of CERES and
NOBLE shall seek to resolve the dispute through negotiation or mediation. If negotiation is
elected, the parties agree that at least eight (8) cumulative hours of negotiations between the
presidents will be undertaken. If mediation is elected, the presidents will meet at a neutral site
for mediation. Unless agreed to otherwise, the neutral site shall be Denver, Colorado. The
mediation shall be conducted in accordance with the then existing Commercial Mediation Rules of the
American Arbitration Association (AAA). The mediator shall be selected by mutual agreement of the
parties. If the parties cannot agree on a mediator, AAA shall designate a mediator at the request
of either party. Any mediator so designated must be acceptable to both parties. Fees for the
mediation will be shared equally, and the parties will responsible for their

	 	 	 

	CERES-NOBLE Master Research Agreement
	 	Page 46 of 57

 

 

respective expenses. Settlement reached in mediation or negotiation will not be binding until
the parties have signed a written settlement agreement.

     Any dispute, controversy, or claim arising out of or in connection with this Agreement or its
ANNEXES, or related to the alleged breach, termination, validity, interpretation or violation
thereof, not settled by negotiation or mediation in accordance with the terms hereof, shall be
finally settled and determined by arbitration administered by the AAA under its then current
Commercial Arbitration Rules and Mediation Procedures (including Procedures for Large, Complex
Commercial Disputes) (the “Rules”). The written reasoned award of the arbitrators shall be final
and binding upon the parties, and judgment on or enforcement of the award so rendered may be
sought, had or entered in any court having jurisdiction.

	 	(a)	 	Initiation of Arbitration. Any party may initiate arbitration by filing
a written request for arbitration with the AAA. A copy of the request shall be
furnished to all other parties in accordance with the provisions of the Rules and the
provisions in the agreement between the parties concerning notices. For all purposes
the “commencement of the arbitration” shall be deemed to be the date on which any party
issues a written demand for arbitration in accordance with the requirements of Article
18.
	 
	 	(b)	 	Appointment of Arbitrators. Each party shall appoint an arbitrator,
and the two arbitrators so appointed shall appoint the third arbitrator. The party
initiating the arbitration shall appoint its arbitrator at the commencement of the
arbitration. The other party shall appoint its arbitrator within thirty (30) days of
the commencement of the arbitration. If the arbitrators appointed by the parties fail
to appoint the third arbitrator within sixty (60) days of the commencement of the
arbitration, the AAA shall appoint the third arbitrator following consultation with the
parties.
	 
	 	(c)	 	Qualifications of Arbitrators. Each arbitrator so appointed shall have
a reputation as being experienced in the legal and technical matters related to the
dispute, shall be required to disclose, among other disclosures, any prior involvement
with the legal and technical matters related to the dispute and any involvement with a
competitor of any party, and shall not be presently nor in the past have been
affiliated with any party or a competitor of any party. Notwithstanding the method of
their appointment, each arbitrator shall be required to meet the standards contained in
the Rules with respect to impartiality, independence and neutrality.
	 
	 	(d)	 	Location of the Arbitration. The seat of arbitration shall be Denver,
Colorado. The arbitrators may hold hearings at such other locations as the arbitrators
shall determine, after consultation with the parties.
	 
	 	(e)	 	Language of Arbitration. The arbitral proceedings and all pleadings and
written evidence shall be in the English language. Any written evidence originally in a
language other than English shall be submitted in English translation accompanied by
the original or true copy thereof.

	 	 	 

	CERES-NOBLE Master Research Agreement
	 	Page 47 of 57

 

 

	 	(f)	 	Procedural Requirements. The arbitrators shall, after consultation with
the parties, make appropriate provision in the arbitration process for rules specific
to this arbitration which:

	 	(i)	 	require the disclosure of all exhibits expected to be used by the
parties at the arbitration, and the exchange of complete copies of all such
exhibits in advance of the arbitration;
	 
	 	(ii)	 	determine the dates for the exchange of said written disclosures
and copies of said exhibits;
	 
	 	(iii)	 	require the written disclosure of the identity of all witnesses
whom the parties expect to call at the arbitration;
	 
	 	(iv)	 	determine the dates for the exchange of the written disclosures
of the identity of witnesses which the parties expect to call at the
arbitration;
	 
	 	(v)	 	determine the dates for the exchange of sworn narrative
statements containing the testimony of all witnesses whom the parties expect to
call at the arbitration;
	 
	 	(vi)	 	require that the sworn narrative testimony of witnesses be
submitted in substitution for the direct examination of the witness, and that
all witnesses whose sworn testimony is submitted for consideration by the
arbitrators must present him or herself for cross examination at the time and
place of the arbitration hearing, unless some other procedure providing the
parties with a full and complete opportunity for cross-examination has been
established and provided by the arbitrators, the parties and the witness:
	 
	 	(vii)	 	prohibit, except upon a showing of good cause, or for purposes
of rebuttal, the receipt into evidence of any exhibit not disclosed by the
parties, nor shall the arbitrators permit a party to present the testimony of
any witness whose identity and testimony was not exchanged prior to the
arbitration;
	 
	 	(viii)	 	permit discovery as reasonable and necessary for the orderly preparation of
the dispute for hearing and determination of the dispute (said discovery may
include requests for production of documents and depositions of witnesses who
cannot be summoned to the arbitration or are otherwise unavailable to attend the
arbitration); and
	 
	 	(ix)	 	require all parties and experts to maintain all information and
documents they have received , reviewed, exchanged or given testimony about in
confidence pursuant to an appropriate confidentiality undertaking and order.

	 	(g)	 	Limitation on Remedies. The arbitrators are precluded from awarding
punitive or exemplary damages. In no event shall the arbitrators have the powers of an
amiable compositeur.

	 	 	 

	CERES-NOBLE Master Research Agreement
	 	Page 48 of 57

 

 

	 	(h)	 	Resort to the Courts. Nothing in this Agreement prohibits any party
from seeking interim or conservatory relief in any court of competent jurisdiction;
provided however, that neither the filing of an application for a
temporary restraining order, preliminary injunction or other interim or conservatory
relief, as necessary, nor the granting of such relief, shall be deemed to be a waiver
of the obligation of the party to have the dispute heard and determined solely and
exclusively by arbitration.
	 
	 	(i)	 	Survival. The rights and obligations of the parties as described
herein shall survive the termination, expiration, non-renewal or rescission of the
Agreement between the parties.

17. GENERAL.

     17.1 Entire Agreement/Modifications. This Agreement together with its ANNEXES
constitutes the entire agreement between the parties hereto with respect to the subject matter
hereof, and there are no representations, warranties, covenants or obligations except as set forth
herein. This Agreement supersedes all prior and contemporaneous agreements, understandings,
negotiations and discussions, written or oral, of the parties hereto relating to the subject matter
hereof. This Agreement may only be amended, modified or superseded by a writing executed by the
authorized representative of the parties hereto. Pursuant to the obligations of this Agreement, the
parties anticipate that ANNEXES will be attached to and become part of this Agreement during its
term.

     17.2 Severability. This Agreement, to the greatest extent possible, shall be construed
so as to give validity to all of the provisions hereof. If any provision of this Agreement is or
becomes invalid, is ruled illegal by a court of competent jurisdiction or is deemed unenforceable
under the current applicable law from time to time in effect during the term of this Agreement, the
remainder of this Agreement will not be affected or impaired thereby and will continue to be
construed to the maximum extent permitted by law. In lieu of each provisions which is invalid,
illegal or unenforceable, there will be substituted or added as part of this Agreement by mutual
written agreement of the parties, a provision which will be as similar as possible, in economic and
business objectives as intended by the parties to such invalid, illegal or unenforceable provision,
but will be valid, legal and enforceable.

     17.3 Waiver. No failure or delay by either party in exercising any right or remedy
under this Agreement will waive any provision of this Agreement. Nor will any single or partial
exercise by either party of any right or remedy under this Agreement preclude it from otherwise or
further exercising any rights or remedies which it may have, or any other rights or remedies
granted by any law or any related document.

     17.4 Enforcement. In the event an action is commenced by either party against the
other to enforce any of the provisions of this Agreement, the prevailing party shall be entitled to
recover from the other party reasonable attorneys’ fees, court costs and necessary disbursements
incurred in connection with such action.

     17.5 Licensor-Licensee Relationship. The relationship of the parties is that of
independent contractors and licensor-licensee. Nothing herein is intended or will be construed to
establish any agency, partnerships, or joint ventures. Neither party has any authority to act for
and/or to bind the other party in any way or to represent that either is in any way responsible for
the acts of the other,

	 	 	 

	CERES-NOBLE Master Research Agreement
	 	Page 49 of 57

 

 

except as may be explicitly provided for herein or authorized by the non-acting party in
writing. Neither party is authorized or empowered to act as an agent for the other party for any
purpose, nor shall either party be bound by the acts or conduct of the other party.

     17.6 Assignablility. This Agreement binds and enures to the benefit of the parties,
their successor or assigns, but may not be assigned by either party without the prior written
consent of the other party; provided however, that CERES shall have the right to assign its rights
and obligations under this Agreement to any AFFILIATED COMPANY and either party shall have the
right to assign its rights and obligations under this Agreement to a third party in conjunction
with the transfer to the third party of substantially all of the assets of that party associated
with performance under this Agreement without prior consent.

     17.7 Force Majeure. No party shall be responsible to the other party for delay or
failure in performance of any the obligations imposed by this Agreement, provided such failure
shall be occasioned by fire, flood, explosion, lightning, wind storm, hailstorm, earthquake,
subsidence of soil, failure of machinery or equipment or supply of materials, discontinuity in the
supply of power, court order or governmental interference, terrorist attacks, civil commotion,
riot, war, strikes, labor disturbances, transportation difficulties, labor shortage, natural
genetic variation of any living matter or by any other cause of like or unlike nature beyond the
reasonable control and without fault or negligence of such party.

     17.8 Choice of Law. This Agreement shall be governed by, and construed and
interpreted in accordance with, the laws of the State of Delaware without regard to the principles
of conflicts of law thereof.

     IN WITNESS WHEREOF, CERES and NOBLE have caused this Agreement to be duly executed as
indicated below.

	 	 	 	 	 	 	 	 	 	 	 

	THE SAMUEL ROBERTS NOBLE FOUNDATION, INC.	 	CERES, INC.	 	 
	 
	By:

	 	 	 	 	 	By:	 	 	 	 
	 

	 	 

	 	 	 	 	 	 

	 	 
	Name:

	 	 	 	 	 	Name:	 	 	 	 
	 

	 	 

	 	 	 	 	 	 

	 	 
	Title:

	 	 	 	 	 	Title:	 	 	 	 
	 

	 	 

	 	 	 	 	 	 

	 	 
	Date:

	 	 	 	 	 	Date:	 	 	 	 
	 

	 	 

	 	 	 	 	 	 

	 	 
	 
	By:

	 	 	 	 	 	By:	 	 	 	 
	 

	 	 

	 	 	 	 	 	 

	 	 
	Name:

	 	 	 	 	 	Name:	 	 	 	 
	 

	 	 

	 	 	 	 	 	 

	 	 
	Title:

	 	 	 	 	 	Title:	 	 	 	 
	 

	 	 

	 	 	 	 	 	 

	 	 
	Date:

	 	 	 	 	 	Date:	 	 	 	 
	 

	 	 

	 	 	 	 	 	 

	 	 

	 	 	 

	CERES-NOBLE Master Research Agreement
	 	Page 50 of 57

 

 

ANNEX A — INTELLECTUAL PROPERTY

INTELLECTUAL PROPERTY RIGHTS for the LICENSED VARIETY

(Paragraph 1.12)

JOINT INTELLECTUAL PROPERTY

(Paragraph 1.13)

NOBLE INTELLECTUAL PROPERTY

(Paragraph 1.14)

NOBLE BACKGROUND INTELLECTUAL PROPERTY

(Paragraph 1.16)

	 	 	 

	CERES-NOBLE Master Research Agreement
	 	Page 51 of 57

 

 

ANNEX B — ROYALTY RATE

1. TOTAL ROYALTY RATE TABLE AND CALCULATION:

     1.1 The following table illustrates the total royalty rates on NET SELLING PRICE:

	 	 	 	 	 
	Percent Increase in	 	 
	Biomass	 	Royalty
	0%
	 	 	[***]	 
	7%
	 	 	[***]	 
	20%
	 	 	[***]	 
	33%
	 	 	[***]	 
	47%
	 	 	[***]	 
	60%
	 	 	[***]	 
	73%
	 	 	[***]	 
	87%
	 	 	[***]	 
	100%
	 	 	[***]	 
	113%
	 	 	[***]	 
	127%
	 	 	[***]	 
	140%
	 	 	[***]	 
	153%
	 	 	[***]	 
	167%
	 	 	[***]	 

The total royalty shall equal [***] times the percent increase in biomass plus
[***], wherein the total royalty rate shall be shall be no greater than [***] and no
lower than [***].

This can be expressed using the following formula:

Royalty = [***] X percent increase in biomass + [***]

Such percent increase in biomass has been determined in accordance with Paragraph 15.1 of
SCHEDULE 2, PERFORMANCE EVALUATION PLAN at [complete].

[OPTIONAL] The MANAGEMENT COMMITTEE has determined, pursuant to Paragraph 15.1.7 of SCHEDULE
2, that the total applicable royalty rate is [complete].

     1.2 Royalty rate on LICENSE INCOME: [***]

2. NOBLE CONTRIBUTION:

NOBLE’s contribution to the research and development of the LICENSED VARIETY has been
determined in accordance with Article 14 of SCHEDULE 2 at [complete percentage].

	 	 	 

	CERES-NOBLE Master Research Agreement
	 	Page 52 of 57

Confidential
Treatment Requested and the Redacted Material has been separately filed with the Commission

 

 

ANNEX C — MARKETING PLAN

(Paragraph 1.24)

	1.	 	TIMING
	 
	 	 	The MARKETING PLAN is to cover a five year period and shall be reviewed annually with
adjustments made for further five year periods in line with market conditions (or
projections of the same) and the agronomic performance of the LICENSED VARIETY.
	 
	2.	 	POSITIONING
	 
	 	 	An assessment of the potential of the LICENSED VARIETY in an identified market.
	 
	3.	 	PROMOTION
	 
	 	 	Details of all project promotional activities, plus anticipated, related expenditures, that
are intended to the LICENSED VARIETY achieves its maximum market potential.
	 
	4.	 	DISTRIBUTION
	 
	 	 	Details of the proposed distribution network and activities for supporting the distributor
or retailer plus anticipated promotion activities of the distributor/retailer. NOTE: If the
anticipated distribution network includes the creation of a new seed company, details
regarding this important component should be included here.
	 
	5.	 	EVALUATION
	 
	 	 	Details of planned evaluation and demonstration, if any.
	 
	6.	 	PROTECTION
	 
	 	 	Anticipated intellectual property protection requirements.
	 
	7.	 	SEED SALES
	 
	 	 	Estimated sales including grade of seed, volume and price and country of destination.
	 
	8.	 	ROYALTY INCOME

	 	a.	 	Estimated royalty payments; and
	 
	 	b.	 	Commencement date of payment.

	9.	 	SEED PRODUCTION
	 
	 	 	Estimated production, including grade of seed, land area to be sown, estimated production
and harvest date.

	 	 	 

	CERES-NOBLE Master Research Agreement
	 	Page 53 of 57

 

 

ANNEX D - NON-EXCLUSIVE LICENSE TO AND TERMS OF USE FOR “NOBLE RESEARCH” MARK

(Paragraph 15.4)

Terms and Conditions for Non-exclusive License Agreement

for

     1. Recitals.

     1.1 NOBLE owns and uses the trademark NOBLE Research (the “Mark”) in connection with
plants, plant seed, plant material and research tools developed by or improved directly
through NOBLE research efforts (“Qualifying Products”).

     1.2 NOBLE acknowledges and intends that the LICENSED VARIETY be promoted, marketed and
sold under one or more primary marks specific to CERES and/or the LICENSED VARIETY.

     2. Grant of License. NOBLE hereby grants to CERES a non-exclusive, world-wide,
royalty-free license to use the Mark in connection with the LICENSED VARIETY to promote, market,
sell and deliver LICENSED VARIETY to SUBLICENSEES, distributors and consumers.

     3. Reservation of Rights. NOBLE hereby reserves any and all rights not expressly and
explicitly granted in these terms and conditions, including NOBLE’S right to authorize or license
use of the Mark or any other trademarks or names containing NOBLE, to any third party for use in
connection with any goods and services. Without limiting the rights reserved in this paragraph,
NOBLE hereby reserves any and all rights to use, authorize use or license use of the Mark or any
other trademarks or names containing the Marks in any geographic territory and in any language.

     4. Ownership of Mark. CERES hereby acknowledges that NOBLE is the owner of the Mark,
and any trademark applications and/or registrations thereto, agrees that it will not challenge the
validity of or NOBLE’S ownership of the Mark, and agrees that all use of the Mark by CERES shall
inure to the benefit of NOBLE. CERES agrees that nothing in these terms and conditions shall give
CERES any right, title or interest in the Mark other than the right to use the Mark in accordance
with

	 	 	 

	CERES-NOBLE Master Research Agreement
	 	Page 54 of 57

 

 

this Agreement and as permitted by law. CERES agrees not to register or attempt to register or
use the Mark, or the term NOBLE, as a trademark, service mark, Internet domain name, trade name
excepted as permitted herein.

     5. Use of the Mark; Protection of the Mark.

5.1 Proper Use.

     5.1.1 CERES may use the Mark in connection with the promotion, marketing and
selling of the LICENSED VARIETY, and CERES agrees that all use of the Mark shall only
occur in connection with the LICENSED VARIETY and shall be in compliance with the
terms of this EXHIBIT.

     5.1.1 CERES may only use the Mark as a collective whole (as shown above) and
shall not separately use any element or elements of the Mark. Notwithstanding the
foregoing, CERES may make fair uses of specific terms (e.g., “research”) comprising
the Mark.

     5.1.2 The Mark is not to be altered and must be reproduced from the supplied
artwork as provided by NOBLE from time to time. The Mark is not to be used in
conjunction with any other mark or design, i.e., the Mark must stand alone in terms
of its commercial impression generated by the particular usage; provided however, the
parties acknowledge and agree that the Mark will appear on packaging and other
related promotional material with other trademarks, service marks, and/or trade names
(e.g., the CERES mark).

     5.1.3 CERES has no right to sublicense the use of the Mark other than as
described herein.

     5.1.4 CERES may not use the Mark in connection with or for the benefit of
non-Qualifying Products, whether CERES’ or another third party’s.

     5.1.5 CERES must not use as its own trademark any word(s) or design(s)
confusingly similar to the Mark.

     5.1.6 NOBLE shall have the right to review and must pre-approve, in writing, any
and all materials, including seed packaging, that includes or is intended to include
the Mark.

     5.2 Monitoring. CERES acknowledges that NOBLE has the right to monitor CERES’
use of the Mark in conjunction with the LICENSED VARIETY. Upon reasonable request by NOBLE,
CERES shall provide NOBLE with representative samples of each CERES use of the Mark. If
NOBLE determines in good faith that CERES is using the Mark improperly, NOBLE shall notify
CERES, and CERES shall use reasonable efforts to remedy the improper use within thirty (30)
days following receipt of such notice.

5.3 Legend. CERES must identify the Mark as a trademark of NOBLE with each
usage in the following format:

	 	 	 

	CERES-NOBLE Master Research Agreement
	 	Page 55 of 57

 

 

“NOBLE Research is a trademark of The Samuel Roberts Noble Foundation, Inc.”

CERES must exercise care in the use of the Mark so as not to indicate to the public: that
CERES is more than a licensee of NOBLE (i.e., not a part or affiliate of NOBLE or otherwise
related to NOBLE) or that the LICENSED VARIETY is produced or has been tested or approved by
NOBLE.

     6. Protection of Interests. In the event CERES becomes aware of any unauthorized use
of the Mark by a third party, CERES agrees to promptly notify NOBLE and to cooperate fully, at
NOBLE’S expense, in the enforcement of NOBLE’S rights against such a third party. Nothing
contained in this paragraph of this EXHIBIT shall be construed as to require NOBLE to enforce any
rights against a third party or to restrict NOBLE’S rights to license or consent to such a third
party’s use of the Mark.

     7. Indemnification. NOBLE agrees to indemnify and hold CERES, and its officers,
agents, directors employees, attorneys, shareholders, subsidiaries, affiliates, distributors, and
licensees, harmless from any and all liability, loss, damages, claims or causes of action,
including reasonable legal fees and expenses, that may be incurred by CERES or one of the foregoing
parties arising out of assertions or claims by a third party that CERES’ use of the Mark in
accordance with the license granted in this EXHIBIT infringes such third party’s rights in the
Mark. CERES shall provide NOBLE with prompt written notice of any claim for which indemnification
is sought, and shall cooperate fully with and allow NOBLE to control the defense and settlement of
such claim at NOBLE’S sole expense. NOBLE shall have the exclusive right to settle any such claim.

     8. Termination; Suspension.

     8.1 Term of Agreement. Unless sooner terminated under the provisions of this
Paragraph of this EXHIBIT, the license granted in this EXHIBIT shall remain in effect until
such time as (a) the termination of the Agreement or (b) NOBLE provides written notice of
its intent to terminate no less than ninety (90) days prior to the intended termination
date. Termination pursuant to this Paragraph may be for any reason or no reason.

     8.2 Termination for Default or Action. Either party shall have the right to
terminate the license grant in this EXHIBIT if (a) the other party materially defaults on
any of its obligations under the terms of this EXHIBIT, including without limitation a
material breach by CERES of its obligations under Paragraphs 5.2 unless (i) such breach is
cured within the thirty (30) days following receipt of written notice of such breach from
NOBLE or (ii) CERES provides NOBLE, within such thirty (30) day period, a written plan to
remedy such breach that is acceptable to NOBLE, in its sole discretion; (b) CERES decides
not to develop and launch the LICENSED VARIETY pursuant to the terms of the MRA and/or this
Agreement; or (c) the LICENSED VARIETY is discontinued and removed from the marketplace.

     8.3 Effect of Termination. Upon termination of the license granted in this
EXHIBIT, CERES shall immediately cease use of the Mark. In the event of termination in
accordance with Paragraph 8.1 or Paragraph 8.2(a) of this EXHIBIT, CERES may continue to use
the Mark to deplete any stock of packaging and promotional materials it has on hand at the
time of such termination, so long as such use is in compliance with the terms of this
EXHIBIT.

	 	 	 

	CERES-NOBLE Master Research Agreement
	 	Page 56 of 57

 

 

     8.4 Suspension. Notwithstanding Paragraph 8.2 of this EXHIBIT, if in its
reasonable discretion, NOBLE determines that as a result of a breach of the terms set forth
in this EXHIBIT that NOBLE will be materially and adversely affected in a substantial manner
by failing to immediately suspend the license granted in this EXHIBIT, NOBLE may suspend the
licenses hereunder until such breach is appropriately cured, in the sole determination of
NOBLE.

	 	 	 

	CERES-NOBLE Master Research Agreement
	 	Page 57 of 57

 

 

Pages
where confidential treatment has been requested are stamped
‘Confidential Treatment Requested and the Redacted Material has
been separately filed with the Commission,’ and the confidential
section has been marked as follows: [***].

REVISED

SCHEDULE 1

THIS REVISED SCHEDULE is made this 18th day of September, 2006.

	 	 	 
	BETWEEN

	 	CERES, INC., a Delaware corporation,
having its principal place of business at
1535 Rancho Conejo Blvd., Thousand Oaks,
CA 91320 (“CERES”) and
	 
	 	 
	 

	 	THE SAMUEL ROBERTS NOBLE FOUNDATION
INCORPORATED, an Oklahoma non-profit
corporation, having its principal place
of business at 2510 Sam Noble Parkway,
Ardmore, Oklahoma 73401 (“NOBLE”);

WHEREAS, CERES and NOBLE have entered into a Master Research Agreement (“MRA”), dated 19 May 2006,
which allows for the undertaking of RESEARCH PROJECTS pursuant to SCHEDULES, these terms being
defined in the MRA; and

WHEREAS, CERES and NOBLE entered into an original Schedule 1 to the MRA, dated 19 May 2006, and the
parties hereby seek to replace the terms and conditions of such schedule, in its entirety, with
this revised SCHEDULE effective as of the date shown above; and

THEREFORE, the parties have agreed to undertake the following RESEARCH PROJECT as defined herein on
the following terms and conditions:

GENERAL

	A.	 	Unless otherwise specified herein, the terms of the MRA shall apply to this SCHEDULE.
	 
	B.	 	In the event of any difference between the terms of this SCHEDULE and the MRA, then the terms
of this SCHEDULE shall prevail.

RESEARCH PROJECT TITLE: Best Management Practices for Switchgrass in a Biomass Cropping System

	1.	 	BACKGROUND:

	 	 	 	Switchgrass (Panicum virgatum L.) is a target species for use as crop biomass for bioenergy
production in the southern USA. Establishing switchgrass directly into [***] soil is a
[***]. Even when plants emerge and establish, their productivity during the initial year can
be very poor. Preliminary experiments continue to show a need for using a pre-plant and
post-plant [***] program, especially when using no-till methods, to give more productive
stands. Management research to better establish switchgrass will need to continue in the
future. Good seedling establishment was also part of the protocol for selecting parents for
our [***] cultivars. It is hoped that these new [***] will have better establishment traits
that will be apparent in future trials.

	2.	 	PROPOSAL OBJECTIVES:

     2.1     To conduct agronomic trials to assess best management practices for establishment
and management of switchgrass as a crop for both seed and biomass production.

	 	 	 
	CERES-NOBLE Schedule 1
	 	Page 1 of 8

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

 

     2.2     To evaluate switchgrass system with winter annual grasses and [***] along with
[***] to reduce the need for nitrogen fertilizer and increase off-season production.

	 	2.3	 	To evaluate alternative biomass energy crops

	3.	 	WORK TO BE UNDERTAKEN:

	 	 	 	See RESEARCH AND DEVELOPMENT PLAN (Attachment A to this SCHEDULE).
	 
	 	 	 	Subject to the RESEARCH AND DEVELOPMENT PLAN, an overview of NOBLE work includes:

Objective 1 (Establishment). In the initial trials to be established in the spring of 2006, we
will evaluate planting date and [***] to control [***] and other warm season weeds in order to
assess the best methods for establishing the crop. One of the most advanced of the [***] ([***])
will be used as the cultivar for conducting this trial.

Treatments will be as follows in a split-split plot design under irrigated soil in 2006:

Planting Date: Feb ,April, June

[***] treatment

[***] treatment

PRE: [***], [***], [***], [***], [***], [***], and [***]

[***] ([***]): [***], [***], [***], [***], [***], [***], [***], [***], and [***].

Objective 2a (Establishment). In the fall of 2006 and spring of 2007, we will evaluate planting
date and [***] to control [***] and other warm season weeds in order to assess the best methods for
establishing the crop. Two of the most advanced of the [***] ([***] lowland) and ([***] upland)
will be used as the cultivars for conducting this trial.

Treatments will be as follows in a split-split plot design under irrigated soil in 2006 and 2007:

Planting Date: Sept and May

Species: upland and lowland switchgrass

Seed treatment: [***], [***] ([***]), [***] ([***]), Banded [***] ([***]).

[***] treatment

PRE: [***], [***], [***], [***], and [***]

The following measurements will be then be made: seedling counts 30 and 60 DAE and DM yield at end
of growing season.

Objective 2b ([***]). In the fall of 2006, we will evaluate [***] on upland and lowland
switchgrass. Surviving plants will be used to develop [***]

PRE [***]: [***], [***], [***], [***], [***], [***], [***], [***]

POE ([***]): [***], [***],
[***], [***], [***], [***], [***], [***], [***], [***], [***].

Objective 3 (crop rotation). In the fall of 2006 and spring of 2007, we will evaluate switchgrass
establishment where grassy weeds were controlled the previous year and where various [***] were
grown and weeds were controlled

	 	 	 
	CERES-NOBLE Schedule 1
	 	Page 2 of 8

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

 

Treatments will be in a strip-split design:

Species: Upland and Lowland Switchgrass

Planting Dates: Sept and May

[***] annual reseeding [***]: [***] ([***], [***]).

[***]: [***]

Spray Selective grass [***] to control annual grasses

Objective 4. In the fall of 2006 and spring of 2007, we will evaluate planting dates, seeding
rates, and row spacings under dryland and irrigated soils

Planting dates: Sept and May

Species: upland and lowland switchgrass

Seeding Rates: [***] lb PLS/A

Row Spacings: [***] inches

Objective 5. In the fall of 2007 and the spring of 2008, we will evaluate species
compatibility with established switchgrass. Study will be replicated in the fall of 2008 and spring
of 2009.

Species to be evaluated: upland and lowland switchgrass

Cool-season annual grasses: [***] and [***] with N Fertilizer

[***] annual [***]: [***], [***], and [***]

[***]: [***] ([***]), [***], and [***]

Measure switchgrass yield response to species mixtures and compare switchgrass

yields with N rate response to [***]

Objective 6. In the fall of 2007 and 2008, we will evaluate seed production strategies.

Treatments: [***], [***], [***], others as needed?

Objective 7. In the 2007, we will evaluate various bioenergy crops.

Conditions: dryland and irrigated

N fertilizer levels: [***]([***] N),
[***] ([***] N), [***] ([***] N), [***] ([***] N)

[***]: [***], [***], [***], [***], [***]

	4.	 	DETAILED WORKPLAN:

	 	 	 	The RESEARCH AND DEVELOPMENT PLAN (Attachment A to this SCHEDULE) contains:

	 	•	 	Research and evaluation activities to be performed by each party in
detail, including locations for such activities
	 	•	 	Timelines of such activities
	 	•	 	Goals, expected results and deliverables
	 	•	 	Milestones and go/no-go decision points, if applicable
	 	•	 	FTEs

	5.	 	LOCATION OF WORK:

	 	 	 	NOBLE Work:

	 	 	 	NOBLE laboratory and greenhouse facilities and properties at its Ardmore location and
potential subcontractor locations.

	 	 	 
	CERES-NOBLE Schedule 1
	 	Page 3 of 8

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

 

	 	 	 	CERES Work:

	 	 	 	Thousand Oaks, CA

	6.	 	PHD LEVEL SCIENTIFIC STAFF:

	 	 	 	Dr. Twain Butler (NOBLE)

Dr. Joe Bouton (NOBLE)

Post Doc TBD (CNF, wherein “CNF” indicates a CERES-funded, NOBLE employee)
	 
	 	 	 	Dr. Peter Mascia (CERES)

Dr. Steve Thomas (CERES)

Dr. Richard Flavell (CERES)

	7.	 	MAJOR CONSUMABLES/LIVESTOCK TO BE PURCHASED:

	 	 	 	None.

	8.	 	REPORTS:

	 	 	 	All reports shall be delivered to the MANAGEMENT COMMITTEE on or before the required
delivery dates for the same.

	 	 	 	NOBLE will deliver at each quarterly MANAGEMENT COMMITTEE meeting (or annual meeting, as the
case may be):

	 	•	 	Annual Report (compilation of slide presentations and quarterly
minutes) (annual meeting).
	 	•	 	Quarterly status update and FTE breakout based on attached planning
document.
	 	•	 	Actual spending relative to budget.
	 	•	 	INTELLECTUAL PROPERTY generated during the period.
	 	•	 	Copies of slide presentations summarizing research progress (template
attached as Attachment B to this SCHEDULE).
	 	•	 	Content for the development of a [***], which the parties intend to be
a deliverable of this SCHEDULE.

	 	 	 	Additional information, if not specifically included in the delivered information (above),
shall be delivered (or later provided, wherein the delivering party shall indicate the
delivery method and time) as supporting information at the related quarterly meeting, if
available:

	 	•	 	Copies of raw field trial data

	 	 	 
	CERES-NOBLE Schedule 1
	 	Page 4 of 8

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

 

	9.	 	COMMENCEMENT/TERMINATION:

	 	 	 	Commencement: 19 May 2006

	 	 	 	Termination: 30 September 2009

	10.	 	REPORT PREPARATION:

	 	 	 	Dr Twain Butler (NOBLE)

Dr Peter Mascia (CERES)

	11.	 	REPORT DATES:

	 	 	 	Annual report: Due at annual meeting in March.

	 	 	 	Quarterly reports and information: Due at quarterly meetings of the MANAGEMENT
COMMITTEE per the MRA (e.g., March, June, September, December).

	12.	 	ASSETS:

	 	 	 	Not applicable

	13.	 	INSURANCE:

	 	 	 	Not applicable

	14.	 	CONTRIBUTION TO JOINT INTELLECTUAL PROPERTY:

	 	 	 	Controlled by MRA.

	15.	 	SPECIAL CONDITIONS:

	 	 	 	Not applicable.

	16.	 	INTELLECTUAL PROPERTY RIGHTS:

	 	16.1	 	NOBLE Background Intellectual Property:

	 	 	 	[***], [***], [***], [***], NF/GA002 (in-licensed from UGARF), [***], NF/GA992
(in-licensed from UGARF), and NF/GA993 (in-licensed from UGARF).
	 
	 	 	 	Management practices and protocols for forage cropping systems.

	 	16.2	 	CERES Background Intellectual Property:

	 	 	 	None.

	17.	 	SUBCONTRACTORS AND LOCATIONS:

	 	 	 	Actual locations and work at the locations will be decided by the MANAGEMENT COMMITTEE at
the quarterly meetings. Currently projected locations may include:

	 	 	 
	CERES-NOBLE Schedule 1
	 	Page 5 of 8

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

 

	 	•	 	[***]

	18.	 	PROVISIONS FOR EARLY TERMINATION:

	 	 	 	This SCHEDULE does not terminate automatically upon termination of the MRA.
	 
	 	 	 	This SCHEDULE shall expire pursuant to the terms set forth in this SCHEDULE, unless extended
by the mutual agreement of the parties, or unless sooner terminated in accordance with the
following provisions of this Paragraph:

     (a)     mutual, written agreement of the parties;

     (b)     failure of one party to satisfy its material obligations under this
Agreement, and such party subsequently fails to cure such failure(s) within (i)
thirty (30) days for failures to remit payment for amounts due under this Agreement
and (ii) ninety (90) days for all other obligations in each case after receipt of
written notice from the non-breaching party specifying such failure;

     (c)     one (1) year’s written notice of termination by either CERES or NOBLE to
the other party in case either the terminating party or the other party ceases
substantially all activities in the COLLABORATION CROPS;

     (d)     NOBLE will have the right to terminate this Agreement unilaterally with
thirty (30) days’ written notice to CERES, (i) if CERES seeks protection under any
bankruptcy, insolvency, receivership, trust, deed, creditors arrangement or
comparable proceeding or if any such proceeding is instituted against CERES (and not
dismissed within one hundred twenty (120) days); (ii) in case of dissolution or
winding up of CERES (excluding any situation where all or substantially all of
CERES’ assets, stock or business to which this Agreement relates are acquired by a
third party (whether by sale, acquisition, merger, operation of law or otherwise));
(iii) with written notice to CERES, to be given no later than March 31, 2010 if
Ceres has failed in a substantial manner, by December 31, 2009, to implement the
activities set forth in EXHIBIT F, and does not remedy such failure or offer a
remediation plan which is reasonably acceptable to NOBLE within ninety (90) days
after receipt of a written notice from NOBLE specifying such failure; or (iv) with
one hundred twenty (120) days’ written notice to CERES, if the institutional
mission, purpose or structure of NOBLE would change substantially and adversely
affect NOBLE’S ability to satisfy its obligations hereunder; or

     (e)     CERES will have the right to terminate this Agreement unilaterally: (i)
with thirty (30) days’ written notice to NOBLE if [***] ceases to be associated with
NOBLE and the research activities associated with this SCHEDULE, and NOBLE has not
replaced him within one hundred twenty (120) days by a person reasonably acceptable
to CERES; (ii) with ninety (90) days’ written notice to NOBLE, if the institutional
mission, purpose or structure of NOBLE would change substantially; or (iii) with one
(1) years’ written notice to NOBLE, if CERES has compelling business reasons to
cease the collaboration.

	 	 	 
	CERES-NOBLE Schedule 1
	 	Page 6 of 8

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

 

	19.	 	USE AND COMMERCIALIZATION RIGHTS:

	 	 	 	Controlled by MRA.

	20.	 	CONFIDENTIALITY/PUBLICATION:

	 	 	 	Controlled by MRA.

	21.	 	Proposed FUNDING:

Projected Budget (per year from CERES):

	 	 	 	 	 	 	 	 	 
	 	 	Year 1	 	Year 2	 	Year 3	 	 
	 	 	Salaries	 	Salaries	 	Salaries	 	 
	 	 	incl.	 	incl.	 	incl.	 	 
	Personnel	 	fringe	 	fringe	 	fringe	 	Subtotals
	 
	Postdoc + Fringe Benefits

	 	$[***]
	 	$[***]
	 	$[***]
	 	$[***]
	Res. Assistant + Fringe Benefits

	 	$[***]
	 	$[***]
	 	$[***]
	 	$[***]
	Part-time hourly ($8/hr)

	 	$[***]
	 	$[***]
	 	$[***]
	 	$[***]
	Location testing site [***]

	 	$[***]
	 	$[***]
	 	$[***]
	 	$[***]
	Travel

	 	$[***]
	 	$[***]
	 	$[***]
	 	$[***]
	Supplies

	 	$[***]
	 	$[***]
	 	$[***]
	 	$[***]
	[***]

	 	$[***]
	 	$[***]
	 	$[***]
	 	$[***]
	Seed

	 	$[***]
	 	$[***]
	 	$[***]
	 	$[***]
	Total Direct Costs

	 	$[***]
	 	$[***]
	 	$[***]
	 	$[***]
	Indirect (50% of Direct)

	 	$[***]
	 	$[***]
	 	$[***]
	 	$[***]
	 

	 	 	 	 	 	 	 	TOTAL
	 
	Total

	 	$[***]
	 	$[***]
	 	$[***]
	 	$[***]

Billing Schedule: Invoices will be sent by NOBLE to CERES for actual expenses from the previous
period on the 15th of the first month of each calendar quarter, not to exceed the total
amount specified above.

(SIGNATURES ON FOLLOWING PAGE)

	 	 	 
	CERES-NOBLE Schedule 1
	 	Page 7 of 8

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

 

IN WITNESS THEREOF this SCHEDULE has been executed on the date hereinbefore entered.

CERES, INC.

	 	 	 	 	 
	 	/s/ Peter Mascia 	10/6/06
	By:
	 	 	Date

	 	 	 	 	 
	 	/s/ Patrick McCroskey	10/10/06
	By:
	 	 	Date

THE SAMUEL ROBERTS NOBLE FOUNDATION, INC.

	 	 	 	 	 
	 	/s/ Michael Cawley	9/25/06
	By:

	 	Michael A. Cawley

President
	Date	 

	 	 	 
	CERES-NOBLE Schedule 1
	 	Page 8 of 8

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

 

     

CERES-NOBLE
- Schedule 1 - Attachment A - RESEARCH AND DEVELOPMENT PLAN

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	Ceres FTE sum	 	[***]	 	[***]	 	[***]	[***]	[***]	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	CNF FTE Sum	 	[***]	 	[***]	 	[***]	[***]	[***]	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	NF FTE sum	 	[***]	 	[***]	 	[***]	[***]	[***]	 
	Project Planning	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	#	 	Yearly	 	 	 	 	 	 	 	 
	Template	 	 	 	Ex Start	 	Ex Finish	 	Loc	 	 	 	# people	 	%	 	Months	 	FTE	 	2006	 	2007	 	2008	 	2009
	Objective
	 	Develop best management practices for establishing
and managing switchgrass
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Product Concept
	 	Increasing speed of establishment will allow
faster utilization of switchgrass. Adding [***]
to the system will allow for greater switchgrass
yields with less N fertilizer
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Business Plan
	 	Conduct field trials to determine optimal
management to increase establishment and yield
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Management
	 	 

	 	4/1/06
	 	12/31/09
	 	CERES
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 

	 	4/1/06
	 	12/31/09
	 	NF
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Goal 1
	 	Evaluate switchgrass establishment under irrigated 

field conditions in 2006 where no previous grass 

weed control was implemented
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Impact
	 	Improve establishment to utilize switchgrass sooner
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Action Item
	 	Test efficacy of planting dates (Feb and Apr and
June).

	 	2/15/06
	 	9/30/06
	 	CNF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 

	 	2/15/06
	 	9/30/06
	 	NF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Action Item
	 	Test efficacy of [***] as [***]

	 	2/16/06
	 	10/1/06
	 	CNF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 

	 	2/16/06
	 	10/1/06
	 	NF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Action Item
	 	Test [***] for weed control applied PRE: [***] and
[***] (others at needed)

	 	3/15/06
	 	10/2/06
	 	CNF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 

	 	3/15/06
	 	10/2/06
	 	NF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 

	 	 	 	 	 	 	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Test [***] for weed control applied POE:
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Action Item
	 	([***]) [***].

	 	4/15/06
	 	10/3/06
	 	CNF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 

	 	4/15/06
	 	10/3/06
	 	NF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	New Action Item
	 	Screen upland and lowland switchgrass to [***];
select plants with [***] for new breeding
population

	 	9/15/06
	 	6/3/07
	 	CNF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 

	 	9/15/06
	 	6/3/07
	 	NF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

					
	 	 	 	 	 
	Ceres, Inc. Confidential
	 	9/25/2006
	 	Page 1

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

 

CERES-NOBLE
- Schedule 1 - Attachment A - RESEARCH AND DEVELOPMENT PLAN

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	2006	 	2007	 	2008	 	2009
	J	 	F	 	M	 	A	 	M	 	J	 	J	 	A	 	S	 	O	 	N	 	D	 	J	 	F	 	M	 	A	 	M	 	J	 	J	 	A	 	S	 	O	 	N	 	D	 	J	 	F	 	M	 	A	 	M	 	J	 	J	 	A	 	S	 	O	 	N	 	D	 	J	 	F	 	M	 	A	 	M	 	J	 	J	 	A	 	S	 	O	 	N	 	D
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	[***]	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

					
	 	 	 	 	 
	Ceres, Inc. Confidential
	 	9/25/2006
	 	Page 2

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

 

     

CERES-NOBLE
- Schedule 1 - Attachment A - RESEARCH AND DEVELOPMENT PLAN

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

	Deliverable
	 	Document best management strategies for 

establishing switchgrass under irrigated field 

conditions

	 	10/1/06
	 	9/30/07	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	New Goal 4
	 	Evaluate seeding rates, row spacings, and planting
dates to improve establishment and management
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Impact
	 	Improve establishment and management of switchgrass
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Action Item
	 	Test efficacy of planting dates (May and Sept).

	 	9/15/06
	 	9/30/08
	 	CNF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 

	 	9/15/06
	 	9/30/08
	 	NF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Action Item
	 	Test efficacy of seeding rates ([***] lb PLS/A)

	 	9/15/06
	 	9/30/08
	 	CNF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 

	 	9/15/06
	 	9/30/08
	 	NF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Action Item
	 	Test efficacy of row spacing for improved harvest
efficiency ([***] inches)

	 	9/15/06
	 	9/30/08
	 	CNF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 

	 	9/15/06
	 	9/30/08
	 	NF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Deliverable
	 	Document best management strategies for
establishing and managing switchgrass under
irrigated field conditions

	 	10/1/06
	 	9/30/08	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

					
	 	 	 	 	 
	Ceres, Inc. Confidential
	 	9/25/2006
	 	Page 3

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

 

     

CERES-NOBLE
- Schedule 1 - Attachment A - RESEARCH AND DEVELOPMENT PLAN

[***]

					
	 	 	 	 	 
	Ceres, Inc. Confidential
	 	9/25/2006
	 	Page 4

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

 

CERES-NOBLE
- Schedule 1 - Attachment A - RESEARCH AND DEVELOPMENT PLAN

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

	Goal 2
	 	Evaluate switchgrass (lowland and upland)
establishment under dryland field conditions in
2006 and 2007 where no previous grass weed contrl
was implemented
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Impact
	 	Improve establishment to utilize switchgrass sooner
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Action Item
	 	Test efficacy of planting dates (Sept and May)

	 	2/15/07
	 	10/31/08
	 	CNF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 

	 	2/15/07
	 	10/31/08
	 	NF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Action Item
	 	Test efficacy of seed treatments ([***])

	 	2/15/07
	 	10/31/08
	 	CNF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 

	 	2/15/07
	 	10/31/08
	 	NF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Action Item
	 	Test [***] for weed control applied PRE

	 	2/15/07
	 	10/31/08
	 	CNF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 

	 	2/15/07
	 	10/31/08
	 	NF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	New Action Item
	 	Screen [***] on switchgrass, select surviving 

plants for new breeding population

	 	2/15/07
	 	10/31/08
	 	CNF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 

	 	2/15/07
	 	10/31/08
	 	NF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Action Item
	 	Test [***] for weed control applied POE

	 	2/15/07
	 	10/31/08
	 	CNF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 

	 	2/15/07
	 	10/31/08
	 	NF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Deliverable
	 	Document best management strategies for 

establishing switchgrass under dryland field 

conditions

	 	10/31/07
	 	9/30/08
	 	 	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Goal 3
	 	Evaluate switchgrass establishment where grass
weed contrl was implemented on [***] the year
prior to planting
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Impact
	 	Improve establishment of switchgrass
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Action Item
	 	Establish [***] and control weeds during summer

	 	4/10/06
	 	10/31/08
	 	CNF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 

	 	4/10/06
	 	10/31/08
	 	NF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	Action Item
	 	Plant switchgrass (upland and lowland) into [***]
fields where annual grasses were controlled the
previous year: Planting dates, Sept and May

	 	4/11/06
	 	11/1/08
	 	CNF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 

	 	4/11/06
	 	11/1/08
	 	NF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	Action Item
	 	Test efficacy winter cover crop [***]

	 	9/12/06
	 	11/2/08
	 	CNF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 

	 	9/12/06
	 	11/2/08
	 	NF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Deliverable
	 	Document best agronomic management strategies for 

establishing switchgrass under dryland field 

conditions

	 	11/1/08
	 	3/3/09
	 	 	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	New Goal 6
	 	Evaluate switchgrass seed production on 

established stands
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Impact
	 	Increase seed yield and efficiency
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Action Item
	 	Test efficacy of [***]

	 	10/1/07
	 	11/1/09
	 	CNF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 

	 	10/1/07
	 	11/1/09
	 	NF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	Action Item
	 	Test efficacy of [***]

	 	10/2/07
	 	11/2/09
	 	CNF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]

					
	 	 	 	 	 
	Ceres, Inc. Confidential
	 	9/25/2006
	 	Page 5

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

 

     

CERES-NOBLE
- Schedule 1 - Attachment A - RESEARCH AND DEVELOPMENT PLAN

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
		 		 		 	
		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 	
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	[***]	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

					
	 	 	 	 	 
	Ceres, Inc. Confidential
	 	9/25/2006
	 	Page 6

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

 

     

CERES-NOBLE
- Schedule 1 - Attachment A - RESEARCH AND DEVELOPMENT PLAN

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

	 
	 	 

	 	10/1/07
	 	11/1/09
	 	NF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	Action Item
	 	Test efficacy of [***]

	 	10/2/07
	 	11/2/09
	 	CNF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 
	 	 

	 	10/2/07
	 	11/2/09
	 	NF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	Action Item
	 	Test [***] ([***] vs [***])

	 	4/1/08
	 	11/3/9
	 	CNF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 

	 	4/1/08
	 	11/3/09
	 	NF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Deliverable
	 	Document best agronomic management strategies for
producing seed
	 	
	 	
	 	
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]

					
	 	 	 	 	 
	Ceres, Inc. Confidential
	 	9/25/2006
	 	Page 7

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

 

     

CERES-NOBLE
- Schedule 1 - Attachment A - RESEARCH AND DEVELOPMENT PLAN

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
		 		 		 	
		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 	
	[***]

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

					
	 	 	 	 	 
	Ceres, Inc. Confidential
	 	9/25/2006
	 	Page 8

 

     

CERES-NOBLE
- Schedule 1 - Attachment A - RESEARCH AND DEVELOPMENT PLAN

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

	Goal 5
	 	Evaluate species compatibility with established
switchgrass (in 2008 and 2009)
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Impact
	 	Maximize DM yield with minimum N fertilizer
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Action Item
	 	Evaluate [***] interseeded into established 

switchgrass

	 	10/1/07
	 	11/1/09
	 	CNF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 

	 	10/1/07
	 	11/1/09
	 	NF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	Action Item
	 	Evaluate [***] interseeded into established 

switchgrass

	 	10/2/07
	 	11/2/09
	 	CNF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 

	 	10/2/07
	 	11/2/09
	 	NF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	Action Item
	 	Evaluate [***] interseeded into established 

switchgrass

	 	4/1/08
	 	11/3/09
	 	CNF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 

	 	4/1/08
	 	11/3/09
	 	NF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	Action Item
	 	Evaluate both [***] and [***] into established
switchgrass

	 	10/1/07
	 	11/4/09
	 	CNF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 

	 	10/1/07
	 	11/4/09
	 	NF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	Action Item
	 	Evaluate yield response to N fertilizer to
estimate N contribution from the [***] systems

	 	4/1/08
	 	11/5/09
	 	CNF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 

	 	4/1/08
	 	11/5/09
	 	NF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Deliverable
	 	Document which [***] are compatible with
switchgrass and will maximize yield with little N
Fertilizer
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	New Goal 7
	 	Evaluate alternative biomass energy crops
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Impact
	 	Determine appropriate biomass crops under various 

conditions
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Action Item
	 	Evaluate bioenergy crops for DM yield ([***])

	 	5/15/07
	 	9/30/09
	 	CNF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 

	 	5/15/07
	 	9/30/09
	 	NF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	Action Item
	 	Evaluate DM yield under irrigated and dryland
conditions

	 	5/15/07
	 	9/30/09
	 	CNF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 

	 	5/15/07
	 	9/30/09
	 	NF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	Action Item
	 	Evaluate DM yield with varying N rates

	 	5/15/07
	 	9/30/09
	 	CNF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 

	 	5/15/07
	 	9/30/09
	 	NF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Deliverable
	 	Document DM yield potential under dryland and
irrigated field conditions and with high and low
levels of Nitrogen

	 	5/1/07
	 	9/30/09	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Goal 8
	 	Develop comprehensive switchgrass production and
growers guidelines and manuals
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

					
	 	 	 	 	 
	Ceres, Inc. Confidential
	 	9/25/2006
	 	Page 9

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

 

     

    CERES — NOBLE — Schedule 1 — Attachment A —
    RESEARCH AND DEVELOPMENT PLAN

 

    [***]

 

			
	    Ceres, Inc.
    Confidential
    	     9/25/2006
    	     Page 10
    

 

     

CERES-NOBLE
- Schedule 1 - Attachment A - RESEARCH AND DEVELOPMENT PLAN

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

	Impact
	 	Maximize yield with existing varieties. Identify
conditions for optimal yield. Provide feedback to
breeders to optimize breeding strategies
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Action Item
	 	Compile and summarize current best practices for
switchgrass production

	 	5/1/06
	 	12/1/06
	 	NF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 

	 	5/1/06
	 	12/1/06
	 	CNF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 

	 	5/1/06
	 	12/1/06
	 	Ceres
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 

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

	 	10/2/07
	 	11/2/09
	 	NF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	Action Item
	 	Test [***] ([***] vs [***])

	 	4/1/08
	 	11/3/09
	 	CNF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 

	 	4/1/08
	 	11/3/09
	 	NF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Deliverable
	 	Document best agronomic management strategies for 

producing seed

	 	 	 	 	 	 	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	Action Item
	 	Incorporate [***] and [***] data

	 	9/1/07
	 	12/1/08
	 	NF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 

	 	9/1/07
	 	12/1/08
	 	CNF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 

	 	9/1/07
	 	12/1/08
	 	Ceres
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 

	 	 	 	 	 	 	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Deliverable
	 	Draft manuals

	 	 	 	12/1/07
	 	NF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 

	 	 	 	 	 	CNF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	Deliverable
	 	Final manuals

	 	 	 	12/1/08
	 	NF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 

	 	 	 	 	 	CNF
	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]

					
	 	 	 	 	 
	Ceres, Inc. Confidential
	 	9/25/2006
	 	Page 11

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

 

     

CERES-NOBLE
- Schedule 1 - Attachment A - RESEARCH AND DEVELOPMENT PLAN

 

 

[***]

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
		 		 		 	
		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 	
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

					
	 	 	 	 	 
	Ceres, Inc. Confidential
	 	9/25/2006
	 	Page 12

 

	

1

Quarterly Report Format

Prepared by

Date

Date
Date

 

	

2

Concept and Goals

Concept

Goals

 

	

3

FTEs and Budget Projected vs. Actual

People and activities
        Q Budget    Q Actual    Yr Budget    Yr Actual
    NF Labor
    CNF Labor
    travel
    supplies

 

	

4

Action Items and Deliverables for the Period
   Action Item or Deliverable   Expected Finish   Actual Finish

 

	

5

Key Milestones or Deliverables for the Period

Progress on Key Milestones and Deliverables

Are we on, ahead or behind schedule

 

	

6

Technical Highlights

1 or 2 slides covering technical highlights

 

	

7

Results

Several slides summarizing results (if applicable)

 

	

8

Key Milestones and Deliverables Next 4 Quarters

Quarter 1

Quarter 2

Quarter 3

Quarter 4

 

	

9

Research Plan

Goal

Impact

Tasks

Milestones

Deliverables

Duplicate this slide as needed to cover each goal for the next
period

 

	

10

Timeline Summary
   Time to achieve Milestone   1   2   3   4   5   6   7   8   9   10   11   12
   Milestone 1
   Milestone 2
   Milestone 3
   Etc.

Assumptions and risk factors

Use additional slide if necessary

Use red if behind schedule until completed or otherwise resolved

Should be indicated in red as soon as the delay is identified

See issue resolution if behind schedule

 

	

11

IP

Filings during the period

Applications in progress

 

	

12

SOPs

List SOPS for all Key processes

 

	

13

Issue Resolution and Decision Making Slides

These can be used to address new issues or
implement corrective action or assist in decision
making such as variety release, etc.

 

	

14

Issue Resolution and Decision Making

Issue (e.g. milestone 3 behind schedule)

Actual

What is happening

Expected

What should be happening

 

	

15

Issue Resolution and Decision Making

Issue (e.g. milestone 3 behind schedule)

Possible alternative slide to address new issues

Needs

Wants

 

	

16

Decision

Summary of decision to be made

 

	

17

Options

Summary of options

 

	

18

Recommendations

What do we need to do to get back on track or address new issue

 

	

19

Resources Required

 

	

20

Plan and Schedule
   Action Items   Who   When

 

SCHEDULE 2

     THIS SCHEDULE is made this 19th day of May, 2006;

			
	BETWEEN 	 	CERES, INC., a Delaware corporation, having its
principal place of business at 1535 Rancho
Conejo Blvd., Thousand Oaks, CA 91320 (“CERES”)
and
	 	 	
	 	 	THE SAMUEL ROBERTS NOBLE FOUNDATION
INCORPORATED, an Oklahoma non-profit
corporation, having its principal place of
business at 2510 Sam Noble Parkway, Ardmore,
Oklahoma 73401 (“NOBLE”);

WHEREAS, CERES and NOBLE have entered into a Master Research Agreement (“MRA”), dated 19 May 2006,
which allows for the undertaking of RESEARCH PROJECTS pursuant to a SCHEDULES, these terms being
defined in the MRA; and

THEREFORE, the parties have agreed to undertake the following RESEARCH PROJECT as defined herein on
the following terms and conditions:

GENERAL

	A.	 	Unless otherwise specified herein, the terms of the MRA shall apply to this SCHEDULE.
	 
	B.	 	In the event of any difference between the terms of this SCHEDULE and the MRA, then the terms
of this SCHEDULE shall prevail.

RESEARCH PROJECT TITLE: Developing Switchgrass Cultivars for Use in Bioenergy and Forage Crop

	1.	 	BACKGROUND:
	 
	 	 	Switchgrass (Panicum virgatum L.) is a target species for use as crop biomass for bioenergy
production in the southern USA. In the mid 1990s, a breeding program was begun at [***] to
develop adaptive, high-[***] switchgrass cultivars for use in bioenergy crop production
systems in the region. Four [***] cultivars were produced in this project, [***], [***],
[***], and [***], which are [***] by [***]. Initial performance results of these [***] demonstrated
up to a [***] over [***] when tested over years and locations in [***]. This type of
performance warrants release and commercialization of at least one of these cultivars for
use in the region including the southern Great Plains of Oklahoma and Texas.
	 
	 	 	The original [***] breeding effort was initiated by randomly selecting 1,000 [***] from
[***] and [***] and space planting these into a [***] design. This design was used because
of its ability to remove micro-environmental variation during assessment of individual,
un-replicated [***]. Initial data showed genetic variances for [***] were high, especially
for [***] selections, indicating good potential to increase [***] within these populations.
Based on phenotypic selection using the [***] planting design, heritability estimates were
found to be adequate to incur good gains from selection and [***] were then identified from
each cultivar which had excellent performance. Cuttings of each of these superior [***] were
[***] multiplied in the greenhouse and used in a [***] program

Page 1 of 10

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

	 	 	to produce [***] of each and to assess their seed [***]. The highest seed [***] were then
[***] tested in sward plots over locations and years and the highest [***] selected for
inclusion into another  [***] to generate new [***] cultivars.
	 
	 	 	We plan to continue this population improvement approach of developing new [***] cultivars.
However, for this project, we will use more genetically diverse lowland and upland material
from outside the [***] program including released [***], [***], and [***] from our own
regional collections. This should greatly enhance our genetic base. The main trait of
interest will be biomass [***], although we plan also to begin examining specific value
added traits such as better seedling establishment and forage chemical aspects that affect
biomass feedstock quality during long term storage.
	 
	 	 	Switchgrass is highly [***] allowing [***] from simple mutual or
[***]. [***] is found when [***] were made from specific, [***]. [***] using [***] is also
possible for large scale production of the individual [***] which should allow their use in
a commercially viable seed production program. These three characteristics demonstrate the
potential is high for developing high [***] of switchgrass.
	 
	2.	 	PROPOSAL OBJECTIVES:
	 
	 	 	     2.1 To use previous population improvement procedures to develop new [***] cultivars
based strictly on germplasm other than the [***] base and containing value added
[***] such as better [***], establishment characteristics, and chemical composition than
the best [***] and the commercial cultivar, [***].
	 
	 	 	     2.2 To develop and assess [***] between the [***] using a system of [***] of the [***]
to produce and maintain the commercial [***] cultivars.
	 
	3.	 	WORK TO BE UNDERTAKEN:
	 
	 	 	See RESEARCH AND DEVELOPMENT PLAN (Attachment A to this SCHEDULE).
	 
	4.	 	DETAILED WORKPLAN:
	 
	 	 	The RESEARCH AND DEVELOPMENT PLAN (Attachment A to this SCHEDULE) contains:

	 	•	 	Research and evaluation activities to be performed by each party in
detail, including locations for such activities
	 
	 	•	 	Timelines of such activities
	 
	 	•	 	Goals, expected results and deliverables
	 
	 	•	 	Milestones and go/no-go decision points, if applicable
	 
	 	•	 	FTEs

	5.	 	LOCATION OF WORK:
	 
	 	 	NOBLE Work:
	 
	 	 	NOBLE laboratory and greenhouse facilities and properties at its Ardmore location and
potential subcontractor locations.

Page 2 of 10

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

	 	 	CERES Work:
	 
	 	 	Thousand Oaks, CA.
	 
	6.	 	PHD LEVEL SCIENTIFIC STAFF:
	 
	 	 	Dr. Joe Bouton (NOBLE)

Post Doc TBD (CNF, wherein “CNF” indicates a CERES-funded, NOBLE employee)
	 
	 	 	Dr. Peter Mascia (CERES)

Dr. Steve Thomas (CERES)

Dr. Richard Flavell (CERES)
	 
	7.	 	MAJOR CONSUMABLES/LIVESTOCK TO BE PURCHASED:
	 
	 	 	None.
	 
	8.	 	REPORTS:
	 
	 	 	All reports shall be delivered to the MANAGEMENT COMMITTEE on or before the required
delivery dates for the same.
	 
	 	 	NOBLE will deliver at each quarterly MANAGEMENT COMMITTEE meeting (or annual meeting, as the
case may be):

	 	•	 	Annual Report (compilation of slide presentations and quarterly
minutes) (annual meeting).
	 
	 	•	 	Quarterly status update and FTE breakout based on attached planning
document.
	 
	 	•	 	Actual spending relative to budget.
	 
	 	•	 	INTELLECTUAL PROPERTY generated during the period.
	 
	 	•	 	Copies of slide presentations summarizing research progress (template
attached as Attachment C to this SCHEDULE).

	 	 	Additional information, if not specifically included in the delivered information (above),
shall be delivered (or later provided, wherein the delivering party shall indicate the
delivery method and time) as supporting information at the related quarterly meeting, if
available:

	 	•	 	Breeding records.
	 
	 	•	 	Copies of field or greenhouse books and records.
	 
	 	•	 	Copies of raw field trial data.
	 
	 	•	 	Biological material, including parental lines from [***] and/or [***].

	9.	 	COMMENCEMENT/TERMINATION:
	 
	 	 	Commencement: 19 May 2006.
	 
	 	 	Termination: 30 April 2009; provided however, each year, before the anniversary of
this SCHEDULE, the parties shall decide whether to extend it for one (1) year, with

Page 3 of 10

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

	 	 	appropriate updates to the RESEARCH AND DEVELOPMENT PLAN, PERFORMANCE EVALUATION PLANS
and/or FUNDING (Section 21 of this SCHEDULE).
	 
	10.	 	REPORT PREPARATION:
	 
	 	 	Dr Joe Bouton (NOBLE)

Dr Peter Mascia (CERES)
	 
	11.	 	REPORT DATES:
	 
	 	 	Annual report: Due at annual meeting in March.
	 
	 	 	Quarterly reports and information: Due at quarterly meetings of the MANAGEMENT
COMMITTEE per the MRA (e.g., March, June, September, December).
	 
	12.	 	ASSETS:
	 
	 	 	Not applicable.
	 
	13.	 	INSURANCE:
	 
	 	 	Not applicable.
	 
	14.	 	CONTRIBUTION TO JOINT INTELLECTUAL PROPERTY:
	 
	 	 	Based on the development and design of this RESEARCH PROJECT, the parties acknowledge and
agree that each party anticipates equal contribution (i.e., 50% for each party) to the
research and development of the switchgrass varieties contemplated by this SCHEDULE.
	 
	 	 	For any given variety, however, the parties agree that the respective contributions of the
parties for research and development may be disparate, and in such instances the parties
will define the appropriate contribution for each party, as negotiated in good faith, prior
to such variety’s release pursuant to the terms of this SCHEDULE.
	 
	 	 	NOBLE’s specific contribution shall be noted and made a part of any and all variety license
agreements for any released variety developed, tested and evaluated pursuant to the terms of
this SCHEDULE.
	 
	15.	 	SPECIAL CONDITIONS:

	 	15.1	 	PERFORMANCE EVALUATION PLAN
	 
	 	 	 	     15.1.1 The parties will jointly develop a PERFORMANCE EVALUATION PLAN to assess
the performance of selected varieties developed pursuant to this SCHEDULE relative
to a jointly agreed upon reference variety (the “STANDARD”), with the goal to
determine the percent increase in biomass

Page 4 of 10

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

	 	 	 	relative to the STANDARD. A template of the PERFORMANCE EVALUATION PLAN is
attached hereto as Attachment B.

	 	 	 	     (a) Either party may propose modifications to the PERFORMANCE
EVALUATION PLAN to achieve the mutual goals of assessing the performance
and/or range of selected varieties developed pursuant to this SCHEDULE.
	 
	 	 	 	     (b) The MANAGEMENT COMMITTEE shall review the PERFORMANCE EVALUATION
PLAN at least annually and modify it as appropriate.

	 	 	 	     15.1.2. The PERFORMANCE EVALUATION PLAN shall define specific testing and
evaluation activities, including timelines and the specific party responsible for
such activities. Each party shall use reasonable efforts to execute the activities
for which it is responsible in the PERFORMANCE EVALUATION PLAN.
	 
	 	 	 	     15.1.3 Upon CERES’ request, NOBLE shall deliver to CERES seed, other biological
material or biomass material the varieties used or grown for development, testing
and evaluation pursuant to the terms of this SCHEDULE, and CERES shall reimburse all
reasonable costs for harvesting, treatment and shipping incurred in connection with
such delivery by NOBLE.
	 
	 	 	 	     15.1.4. Each party will voluntarily provide to the other party reports and
information generated from execution of the PERFORMANCE EVALUATION PLAN. NOBLE will
regularly provide pictures to CERES of the subject plants under evaluation, wherein
the parties will discuss and agree to the desired imagery, e.g., set-up, content and
the like.
	 
	 	 	 	     15.1.5 Before the release of a variety developed pursuant to the terms of this
SCHEDULE, the MANAGEMENT COMMITTEE will designate a “percent increase in biomass”
for each such variety based on the variety’s performance as to the STANDARD. This
percentage shall be used by the parties to determine the total royalty rate on NET
SELLING PRICE associated with the variety in accordance with the table and formula
provided hereinbelow. This determined royalty shall be made a part of a separate,
written variety license agreement by and between the parties pursuant to which CERES
will be granted an exclusive license:

	 	 	 
	Percent Increase in	 	 
	Biomass	 	Royalty
	0%

	 	[***]%
	7%

	 	[***]%
	20%

	 	[***]%
	33%

	 	[***]%
	47%

	 	[***]%
	60%

	 	[***]%
	73%

	 	[***]%
	87%

	 	[***]%
	100%

	 	[***]%
	113%

	 	[***]%
	127%

	 	[***]%
	140%

	 	[***]%
	153%

	 	[***]%
	167%

	 	[***]%

Page 5 of 10

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

	 	 	 	The royalty shall equal [***] times the percent increase in biomass plus [***],
wherein the royalty rate shall be shall be no greater than [***] percent ([***]%)
and no lower than [***] percent ([***]%).
	 
	 	 	 	This can be expressed using the following formula:
	 
	 	 	 	Royalty = [***] X percent increase in biomass + [***]
	 
	 	 	 	     15.1.6 Notwithstanding the foregoing, if the relative value of the LICENSED
VARIETY as compared to the STANDARD is reasonably deemed by the MANAGEMENT COMMITTEE
to reside in factors other than percent increase in biomass, the MANAGEMENT
COMMITTEE shall determine in good faith the total applicable royalty rate.
	 
	 	 	 	     15.1.7 If NOBLE does not wish to participate in a PERFORMANCE EVALUATION PLAN
for a particular variety developed pursuant to this SCHEDULE, CERES may proceed
without NOBLE, following the template in Attachment B, and CERES will determine the
“percent increase in biomass.” CERES will give NOBLE full information on the results
achieved.
	 
	 	15.2.	 	DENOMINATIONS AND TRADEMARKS
	 
	 	 	 	     15.2.1 “TRADEMARK” means any trademark, trade name or logo owned by CERES and
intended for use with a variety developed pursuant to the terms of this SCHEDULE;
provided however, it is recognized that U.S. regulations prohibit the registration
of any plant variety name as a trademark or trade name.
	 
	 	 	 	     15.2.2 The MANAGEMENT COMMITTEE shall determine and adopt a denomination for
any variety developed pursuant to the terms of this SCHEDULE for use in at least
testing and evaluation.
	 
	 	 	 	     15.2.3 The parties shall use the respective denomination of each variety
developed pursuant to the terms of this SCHEDULE to identify such variety and shall
not associate any TRADEMARK or any trade name or similar indication with the
denomination.
	 
	 	15.3.	 	VARIETY RELEASE

Page 6 of 10

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

	 	 	 	     15.3.1 “RELEASE DATE” means the date that CERES determines that a variety
developed, tested and evaluated pursuant to the terms of this SCHEDULE is ready for
release, wherein upon such decision, such variety will be formally released by the
institutions of the variety’s breeder(s), whether NOBLE, CERES or CERES and NOBLE
jointly.
	 
	 	 	 	     15.3.2 For the purposes of this SCHEDULE, CERES, on advice of the breeder(s) of
each variety via the MANAGEMENT COMMITTEE, shall establish, in its sole discretion,
an appropriate RELEASE DATE for such varieties.
	 
	 	 	 	     15.3.3 At or about the RELEASE DATE for a variety, CERES will determine a
COMMERCIAL NAME for such variety under which the seed of the same will be marketed
and sold. “COMMERCIAL NAME” means the complete, preferred name of a released variety
under which it will be marketed and sold.
	 
	 	 	 	     15.3.4 All parties agree that the development of new varieties will not always
result in varieties that are commercially acceptable or releasable. Provided all
parties execute their respective obligations under this SCHEDULE in an appropriate
and reasonable manner, no one party shall be liable to the other for any refund or
other recompense because no commercially acceptable new variety is produced.

	16.	 	INTELLECTUAL PROPERTY RIGHTS:

	 	16.1	 	NOBLE Background Intellectual Property:
	 
	 	 	 	[***], [***], [***], [***], NF/GA002 (in-licensed from UGARF), [***], NF/GA992
(in-licensed from UGARF), and NF/GA993 (in-licensed from UGARF).
	 
	 	16.2.	 	CERES Background Intellectual Property:
	 
	 	 	 	None.

	17.	 	SUBCONTRACTORS AND LOCATIONS:
	 
	 	 	Actual locations and work at the locations will be decided by the MANAGEMENT COMMITTEE at
the quarterly meetings.
	 
	 	 	The parties agree that the evaluation locations shall include (each site includes each of
the varieties identified in Paragraph 16.1 of this SCHEDULE unless otherwise stated):

	 	•	 	[***]

	 	–	 	[***]

Page 7 of 10

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

	 	–	 	[***]

	 	•	 	[***]

	 	–	 	[***]
	 
	 	–	 	[***]

	 	•	 	[***]

	 	–	 	[***]

	 	•	 	[***]

	 	–	 	[***]

	 	•	 	[***]

	 	–	 	[***]

	 	•	 	[***])

	 	–	 	[***]

	18.	 	PROVISIONS FOR EARLY TERMINATION:
	 
	 	 	This SCHEDULE does not terminate automatically upon termination of the MRA.
	 
	 	 	This SCHEDULE shall expire pursuant to the terms set forth in this SCHEDULE, unless extended
by the mutual agreement of the parties, or unless sooner terminated in accordance with the
following provisions of this Paragraph:

	 	 	 	     (a) mutual, written agreement of the parties;
	 
	 	 	 	     (b) failure of one party to satisfy its material obligations under this
Agreement, and such party subsequently fails to cure such failure(s) within (i)
thirty (30) days for failures to remit payment for amounts due under this Agreement
and (ii) ninety (90) days for all other obligations in each case after receipt of
written notice from the non-breaching party specifying such failure;
	 
	 	 	 	     (c) one (1) year’s written notice of termination by either CERES or NOBLE to
the other party in case either the terminating party or the other party ceases
substantially all activities in the COLLABORATION CROPS;
	 
	 	 	 	     (d) NOBLE will have the right to terminate this Agreement unilaterally with
thirty (30) days’ written notice to CERES, (i) if CERES seeks protection under any
bankruptcy, insolvency, receivership, trust, deed, creditors arrangement or
comparable proceeding or if any such proceeding is instituted against CERES (and not
dismissed within one hundred twenty (120) days); (ii) in case of dissolution or
winding up of CERES (excluding any situation where all or substantially all of
CERES’ assets, stock or business to which this Agreement relates are acquired by a
third party (whether by sale, acquisition, merger, operation of law or otherwise));
(iii) with written notice to CERES, to be given no later than March 31, 2010 if
Ceres has failed in a substantial manner, by December 31, 2009, to implement the
activities set forth in EXHIBIT F, and does not remedy such failure or offer a
remediation plan which is reasonably acceptable to NOBLE within ninety (90) days
after receipt of a written notice from NOBLE specifying such failure; or (iv) with
one hundred twenty (120) days’ written notice to CERES, if the institutional
mission, purpose or structure of

Page 8 of 10

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

	 	 	 	NOBLE would change substantially and adversely affect NOBLE’S ability to
satisfy its obligations hereunder; or
	 
	 	 	 	     (e) CERES will have the right to terminate this Agreement unilaterally: (i)
with thirty (30) days’ written notice to NOBLE if [***] ceases to be associated with
NOBLE and the research activities associated with this SCHEDULE, and NOBLE has not
replaced him within one hundred twenty (120) days by a person reasonably acceptable
to CERES; (ii) with ninety (90) days’ written notice to NOBLE, if the institutional
mission, purpose or structure of NOBLE would change substantially; or (iii) with one
(1) years’ written notice to NOBLE, if CERES has compelling business reasons to
cease the collaboration.

	19.	 	USE AND COMMERCIALIZATION RIGHTS:
	 
	 	 	Controlled by MRA. License agreements for non-transgenic varieties developed pursuant to
this SCHEDULE 2 will be based on the Model License Agreement for Non-transgenic Varieties in
EXHIBIT G to the MRA.
	 
	20.	 	CONFIDENTIALITY/PUBLICATION:
	 
	 	 	Controlled by MRA.
	 
	21.	 	FUNDING APPROVED:

Projected Budget (per year from Ceres):

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Year 1	 	 	Year 2	 	 	Year 3	 	 	 	 
	 	 	Salaries incl.	 	 	Salaries incl.	 	 	Salaries incl.	 	 	 	 
	Personnel	 	fringe	 	 	fringe	 	 	fringe	 	 	Subtotals	 
	 
	Postdoctoral + Fringe Benefits
	 	$	[***]	 	 	$	[***]	 	 	$	[***]	 	 	$	[***]	 
	Travel
	 	$	[***]	 	 	$	[***]	 	 	$	[***]	 	 	$	[***]	 
	Supplies
	 	$	[***]	 	 	$	[***]	 	 	$	[***]	 	 	$	[***]	 
	Total Direct Costs
	 	$	[***]	 	 	$	[***]	 	 	$	[***]	 	 	$	[***]	 
	Indirect (50% of Direct)
	 	$	[***]	 	 	$	[***]	 	 	$	[***]	 	 	$	[***]	 
	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	TOTAL
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Total
	 	$	[***]	 	 	$	[***]	 	 	$	[***]	 	 	$	[***]	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

Billing Schedule: Invoices will be sent by NOBLE to CERES for actual expenses from the
previous period on the 15th of the first month of each calendar quarter, not to exceed
the amounts specified above.

Page 9 of 10

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

IN WITNESS THEREOF this SCHEDULE has been executed on the date hereinbefore entered.

	 	 	 	 	 

	CERES, INC.
	 
	 	 	 	 
	 	/s/ Richard Flavell	May 19th 2006
	By:

	 	Richard Flavell, CBE, FRS
	 	Date
	 

	 	Chief Scientific Officer	 	 
	 
	 	 	 	 
	 
	 	 	 	 
	 	/s/ Richard Hamilton	May 19, 2006
	By:

	 	Richard Hamilton
	 	Date
	 

	 	President and Chief Executive Officer	 	 
	 
	 	 	 	 
	 
	 	 	 	 
	THE SAMUEL ROBERTS NOBLE FOUNDATION, INC.
	 
	 	 	 	 
	 	/s/ Michael Cawley	19 May 2006
	By:

	 	Michael A. Cawley
	 	Date
	 

	 	President	 	 

Page 10 of 10

 

CERES-NOBLE
- Schedule 2 - Attachment A - RESEARCH AND DEVELOPMENT PLAN

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	Ceres FTE sum	 	 	[***]	 	 	[***]	 	 	[***]	 	 	[***]	 	 	[***]	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	CNF FTE Sum	 	 	[***]	 	 	[***]	 	 	[***]	 	 	[***]	 	 	[***]	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	NF FTE sum	 	 	[***]	 	 	[***]	 	 	[***]	 	 	[***]	 	 	[***]	 
	Project Planning	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	#	 	 	Yearly	 	 	 	 	 	 	 	 	 	 	 	 	 
	Template	 	 	 	Ex Start	 	 	Ex Finish	 	 	Loc	 	 	Personnel	 	 	# people	 	 	%	 	 	Months	 	 	FTE	 	 	2006	 	 	2007	 	 	2008	 	 	2009	 
	Objective	 	Develop Commercial Switchgrass Cultivars for Use in Bioenergy and
Forage Cropping Systems
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Product Concept	 	High [***] cultivars that have good seed quality and high seedling
vigor are lacking currently in the commerical seed trade. New
cultivars produced by this collaboration should be in good position
to [***] this market.
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Business Plan	 	To initiate project in anticipation of Ceres commercialization of
new Switchgrass varieties and [***]
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Management FTE
	 	 	4/1/06	 	 	 	12/31/09	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 
	 	 	 
	 	 	4/1/06	 	 	 	12/31/09	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 
	Goal	 	To use population improvement procedures to develop [***] for new
[***] cultivars
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Impact	 	To identify and assess the best [***] from NF and Ceres germplasm and
produce initial [***]
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Action Item	 	Initiate and manage sources nurseries ([***])
	 	 	3/15/06	 	 	 	9/30/06	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 
	 	 	 
	 	 	3/15/06	 	 	 	9/30/06	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 
	Action Item	 	Select best initial [***] and remove and process [***] seed from them;
perform initial [***] selection
	 	 	9/30/06	 	 	 	3/1/07	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 
	 	 	 
	 	 	9/30/06	 	 	 	3/1/07	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 
	Action Item	 	Establish and harvest trials with [***] ([***])
	 	 	3/15/07	 	 	 	10/2/08	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 
	 	 	 
	 	 	3/15/07	 	 	 	10/2/08	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 
	Action Item	 	Identify best performing [***] and place into [***] nursery to produce
[***] seed ([***])
	 	 	4/15/08	 	 	 	10/31/08	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 
	 	 	 
	 	 	4/15/08	 	 	 	10/31/08	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 
	Deliverable	 	[***] and [***] seed of new [***] for use in advanced testing
	 	 	10/31/08	 	 	 	3/14/09	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

	 	 	 	 	 
	Ceres, Inc.
Confidential	 	5/18/2006	 	Page 1

 

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

CERES-NOBLE
- Schedule 2 - Attachment A - RESEARCH AND DEVELOPMENT PLAN

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	2006	 	2007	 	2008	 	2009
	J	 	F	 	M	 	A	 	M	 	J	 	J	 	A	 	S	 	O	 	N	 	D	 	J	 	F	 	M	 	A	 	M	 	J	 	J	 	A	 	S	 	O	 	N	 	D	 	J	 	F	 	M	 	A	 	M	 	J	 	J	 	A	 	S	 	O	 	N	 	D	 	J	 	F	 	M	 	A	 	M	 	J	 	J	 	A	 	S	 	O	 	N	 	D
	 	 	 	 	[***]	 	 

	 	 	 	 	 
	Ceres, Inc.
Confidential	 	5/18/2006	 	Page 2

 

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

CERES-NOBLE
- Schedule 2 - Attachment A - RESEARCH AND DEVELOPMENT PLAN

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	Ceres FTE sum	 	 	[***]	 	 	[***]	 	 	[***]	 	 	[***]	 	 	[***]	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	CNF FTE Sum	 	 	[***]	 	 	[***]	 	 	[***]	 	 	[***]	 	 	[***]	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	NF FTE sum	 	 	[***]	 	 	[***]	 	 	[***]	 	 	[***]	 	 	[***]	 
	Project Planning	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	#	 	 	Yearly	 	 	 	 	 	 	 	 	 	 	 	 	 
	Template	 	 	 	Ex Start	 	 	Ex Finish	 	 	Loc	 	 	Personnel	 	 	# people	 	 	%	 	 	Months	 	 	FTE	 	 	2006	 	 	2007	 	 	2008	 	 	2009	 
	Goal	 	To develop [***]
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Impact	 	Identify [***] for use in [***] based production system to produce [***]
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Action Item	 	Initiate and manage sources nurseries ([***])
	 	 	3/15/06	 	 	 	9/30/06	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 
	 	 	 
	 	 	3/15/06	 	 	 	9/30/06	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 
	Action Item	 	Produce [***] among selected [***] (in greenhouse; limited capacity)
	 	 	10/1/06	 	 	 	3/1/07	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 
	 	 	 
	 	 	10/1/06	 	 	 	3/1/07	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 
	Action Item	 	Establish and harvest trials with [***] ([***])
	 	 	3/15/07	 	 	 	10/31/08	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 
	 	 	 
	 	 	3/15/07	 	 	 	10/31/08	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 
	Action Item	 	Idenfity best [***] based on [***] performance and [***] ability (based
on [***]).
	 	 	10/31/08	 	 	 	3/14/09	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 
	 	 	 
	 	 	10/31/08	 	 	 	3/14/09	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 
	Deliverable	 	[***] for use in producing [***] and estimates of their [***] abilities
	 	 	10/31/08	 	 	 	3/14/09	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Goal	 	To develop [***] system to [***]
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Impact	 	Establish an tissue culture system to produce [***]
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Action Item	 	Evaluate for tissue culture [***] ability [***] identified as [***]
	 	 	10/31/06	 	 	 	10/31/08	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 
	 	 	 
	 	 	10/31/06	 	 	 	10/31/08	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 
	Action Item	 	Establish and maintain small [***] increase based on best [***]
(establish nursery as proof-of-concept with [***] capacity)
	 	 	4/30/08	 	 	 	10/31/08	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 
	 	 	 
	 	 	4/30/08	 	 	 	10/31/08	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 
	Action Item	 	Evaluate seed production
	 	 	4/12/07	 	 	 	11/2/08	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 
	 	 	 
	 	 	4/12/07	 	 	 	11/2/08	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 
	Deliverable	 	[***] for use in producing [***] and establishment of a seed increase
plan based on tissue culture
	 	 	11/1/08	 	 	 	3/14/09	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 

	 	 	 	 	 
	Ceres, Inc.
Confidential	 	5/18/2006	 	Page 3

 

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

CERES-NOBLE
- Schedule 2 - Attachment A - RESEARCH AND DEVELOPMENT PLAN

[***]

	 	 	 	 	 
	Ceres, Inc.
Confidential	 	5/18/2006	 	Page 4

 

 

Attachment B

PERFORMANCE EVALUATION PLAN

All of the following will apply unless otherwise decided by the MANAGEMENT COMMITTEE.

	 	•	 	The Performance Trial is a multi-location trial coordinated by the parties jointly or
by Ceres.
	 	•	 	Goal: to determine the biomass [***] of [***] varieties compared to the standard
checks [***], [***], [***], and [***] (or other check varieties to be agreed) at multiple
locations throughout the southern USA and the Southern great plains region (or other
locations to be agreed).
	 	•	 	Prior to changing check variety [***] the MANAGEMENT COMMITTEE will agree on the
relative performance of the new standard check varieties to [***].
	 	•	 	The trial will be carried out over a three (3) year period.
	 	•	 	Individual locations or entries may be dropped during the evaluation period if such
locations have been severely damaged due to environmental conditions as agreed by the
MANAGEMENT COMMITTEE.
	 	•	 	No fewer than [***] representative locations shall be selected.
	 	•	 	Ceres or the parties shall be responsible for contracting with each site pursuant to
the terms and obligations of this Agreement.
	 	•	 	At each location, multiple entries will be planted [***]. Plot size is [***] X [***]
with [***] ([***]).
	 	•	 	The core entries that will be evaluated at all test locations are [***], [***], [***]
and [***], and [***].
	 	•	 	In addition to the baseline evaluations reference above the MANAGEMENT COMMITTEE may
elect to include other entries in the Performance Trial for competitive or other purposes.
Planting of other entries may be at any or all locations depending on availability of
sees, or other factors.
	 	•	 	A seeding rate of [***]per acre pure live seed (PLS) or another planting rate or rates
to be agreed.
	 	•	 	Below is the NOBLE protocol, developed internally, that will apply to all test
locations for the establishment and management of these trials.

	 	1.	 	[***] as soon as possible (April).
	 	2.	 	Roller pack after [***].
	 	3.	 	Wait for rain or irrigate to germinate annual weeds (4-5 weeks).
	 	4.	 	After weeds, seed switchgrass [***] at [***].
	 	5.	 	Roller pack again if planter does not have heavy press wheels.
	 	6.	 	Immediately after planting, spray glyphosate within three (3) days to
kill existing weeds.
	 	7.	 	Take notes on seedling emergence (e.g., each week score plots from 1
to 5 with 1=no emergence and 5=excellent emergence). Promptly send such raw data
available to NOBLE for statistical analysis.

CERES-NOBLE Schedule 2

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

	 	8.	 	After the majority of the switchgrass plots reaches [***], then spray
[***] for broadleaf weed control and [***] for PRE weed control, do not apply crop
oil with [***].
	 	9.	 	Fertilize with [***] N per acre as complete fertilizer (P and K
amounts applied to soil test).
	 	10.	 	After switchgrass plants show good [***], apply [***] as needed.
	 	11.	 	Harvest (dry matter [***]) in first year during September — October
period. Promptly send such raw data available to NOBLE for statistical analysis.
	 	12.	 	In the two subsequent years (2007 and 2008), the plan will be the
same from #8 onward with the following exceptions: mow off plants in April and
then apply [***] for broadleaf weed control and [***]; apply [***] of N
fertilizer per acre (April); harvest again in September-October period.

	 	•	 	Statistical analysis:

	 	1.	 	A statistical analysis of the biomass results will be carried out
using standard statistical analysis of variance procedures.
	 	2.	 	If the [***] of [***] is not significantly different at the [***]
from [***] and the MANAGEMENT COMMITTEE elects to commercialize [***] the royalty
rate will be the same as for [***].
	 	3.	 	If the [***] of [***] is significantly higher at the [***] than the
[***] of [***] the percentage increase of [***] over [***] will be calculated and
the royalty rate will be determined using the formula in EXHIBIT C, ROYALTY RATE.

Examples:

	 	1.	 	The average biomass [***] of [***] in the Performance Trial is [***] tons per acre.
[***] tons per acre. The increase is statistically significant at the [***]. The
percentage increase in [***]%.
	 	2.	 	The average biomass [***] of [***] in the Performance Trial is [***] tons per acre.
[***] tons per acre. The increase is not statistically significant at the [***]. The
percentage increase in [***]%.
	 	3.	 	The average biomass [***] of [***] in the Performance Trial is [***] tons per acre.
[***] tons per acre. The increase is statistically
significant at the [xxx]. The
percentage increase in [***]%.
	 	4.	 	[***] has been replaced with a new standard check variety. The MANAGEMENT COMMITTEE
has agreed the new standard check variety has a [***]% higher than [***]. In this
Performance Trial the new standard check variety has an actual [***] of [***] tons per
acre. [***] has a [***] of [***] tons per acre. The increase is statistically significant
at the [***]. The percentage increase is [***]%.

	 	 	 	 	 
	 	 	Biomass	 	% increase
	[***]

	 	[***]	 	 
	Observed new check [***]

	 	[***]
	 	[***]%
	Observed [***]

	 	[***]
	 	[***]%

CERES-NOBLE Schedule 2

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

	 	5.	 	[***] has been replaced with a new standard check variety. The MANAGEMENT COMMITTEE
has agreed the new standard check variety has a [***]% higher than [***]. In this
Performance Trial the new standard check variety has an actual [***] of [***] tons per
acre. [***] has a [***] of [***] tons per acre. The increase is statistically significant
at the [***]. The percentage increase is [***]%.

	 	 	 	 	 
	 	 	Biomass	 	% increase
	[***]

	 	[***]	 	 
	Observed new check [***]

	 	[***]
	 	[***]%
	Observed [***]

	 	[***]
	 	[***]%

	 	•	 	Reporting:

	 	1.	 	Reports and data will be generated for review by the MANAGEMENT
COMMITTEE:

	 	•	 	Annual reports summarizing the results of the Performance Trial
	 	•	 	Raw data generated during the performance of the trial annually
	 	•	 	On a quarterly basis the MANAGEMENT COMMITTEE will be updated on the status
of the trial.
	 	•	 	Samples of breeders seed will be provided to Ceres after the first year of
the trial.

COSTS AND EXPENSES

To be determined

CERES-NOBLE Schedule 2

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

	

1

Quarterly Report Format

Prepared by

Date

Date
Date

 

	

2

Concept and Goals

Concept

Goals

 

	

3

FTEs and Budget Projected vs. Actual

People and activities
        Q Budget    Q Actual    Yr Budget    Yr Actual
    NF Labor
    CNF Labor
    travel
    supplies

 

	

4

Action Items and Deliverables for the Period
   Action Item or Deliverable   Expected Finish   Actual Finish

 

	

5

Key Milestones or Deliverables for the Period

Progress on Key Milestones and Deliverables

Are we on, ahead or behind schedule

 

	

6

Technical Highlights

1 or 2 slides covering technical highlights

 

	

7

Results

Several slides summarizing results (if applicable)

 

	

8

Key Milestones and Deliverables Next 4 Quarters

Quarter 1

Quarter 2

Quarter 3

Quarter 4

 

	

9

Research Plan

Goal

Impact

Tasks

Milestones

Deliverables

Duplicate this slide as needed to cover each goal for the next
period

 

	

10

Timeline Summary
   Time to achieve Milestone   1   2   3   4   5   6   7   8   9   10   11   12
   Milestone 1
   Milestone 2
   Milestone 3
   Etc.

Assumptions and risk factors

Use additional slide if necessary

Use red if behind schedule until completed or otherwise resolved

Should be indicated in red as soon as the delay is identified

See issue resolution if behind schedule

 

	

11

IP

Filings during the period

Applications in progress

 

	

12

SOPs

List SOPS for all Key processes

 

	

13

Issue Resolution and Decision Making Slides

These can be used to address new issues or
implement corrective action or assist in decision
making such as variety release, etc.

 

	

14

Issue Resolution and Decision Making

Issue (e.g. milestone 3 behind schedule)

Actual

What is happening

Expected

What should be happening

 

	

15

Issue Resolution and Decision Making

Issue (e.g. milestone 3 behind schedule)

Possible alternative slide to address new issues

Needs

Wants

 

	

16

Decision

Summary of decision to be made

 

	

17

Options

Summary of options

 

	

18

Recommendations

What do we need to do to get back on track or address new issue

 

	

19

Resources Required

 

	

20

Plan and Schedule
   Action Items   Who   When

 

May 4, 2009

Via Electronic Mail

Cory Christenson, Ph.D.

Ceres, Inc.

1535 Rancho Conejo Blvd.

Thousand Oaks, California 91320

			
	     RE:	 	Developing Switchgrass Cultivars for Use in Bioenergy and Forage

Crop (Schedule 2) and Genomic Technologies to Enhance 
Switchgrass Breeding
(Schedule 3) to the Ceres-Noble Master Research 
Agreement (the “Agreement”)

Dear Cory:

     Per our collective discussions, Ceres and Noble hereby agree to extend the terms of Schedules
2 and 3 of the Agreement. Upon execution of this letter agreement, Schedules 2 and 3 shall each
have a termination date of November 15, 2009, or any earlier date which may be mutually agreed upon
by the Parties in writing. All other terms of the schedules, including respective project
objectives, will remain unchanged and binding. This is a no-cost extension.

     This amendment of Schedules 2 and 3 shall be deemed retroactive to May 1, 2009, and no lapse
of either schedule is intended by the parties.

     This amendment is consistent with the requirements of Paragraph 16.1 of the Agreement.

     Please acknowledge Ceres’ acceptance of this extension of Schedules 2 and 3 through the
signature of an authorized representative of Ceres and returning a copy of the signed document to
my attention by mail, email or by facsimile.

     If you have any questions, please contact me. Thank you for your assistance in this matter.

Sincerely,

/s/ Steven Rhines

Steven P. Rhines

Vice President, General Counsel

     Acknowledged and agreed:

	 	 	 	 	 

	 

	 	/s/ Anna Rath	 	 
	 

	 	 	 	 
	 

	 	Name: Anna Rath
	 	Date: 5/12/09
	 

	 	Title: Vice President of Commercial Development	 	 

The Samuel Roberts Noble Foundation, Inc.

2510 Sam Noble Parkway • Ardmore, Oklahoma 73401

www.noble.org • 580.223.5810

 

Pages where confidential treatment has been requested are stamped ‘Confidential Treatment
Requested and the Redacted Material has been separately filed with the Commission,’ and the confidential section has been marked as follows: [***].

SCHEDULE 3

THIS SCHEDULE is made this 19th day of May, 2006;

	 	 	 

	BETWEEN

	 	CERES, INC., a Delaware corporation, having its
principal place of business at 1535 Rancho
Conejo Blvd., Thousand Oaks, CA 91320 (“CERES”)
and
	 
	 	 
	 

	 	THE SAMUEL ROBERTS NOBLE FOUNDATION
INCORPORATED, an Oklahoma non-profit
corporation, having its principal place of
business at 2510 Sam Noble Parkway, Ardmore,
Oklahoma 73401 (“NOBLE”);

WHEREAS, CERES and NOBLE have entered into a Master Research Agreement (“MRA”), dated 19 May 2006,
which allows for the undertaking of RESEARCH PROJECTS pursuant to SCHEDULES, these terms being
defined in the MRA; and

THEREFORE, the parties have agreed to undertake the following RESEARCH PROJECT as defined herein on
the following terms and conditions:

GENERAL

	A.	 	Unless otherwise specified herein, the terms of the MRA shall apply to this SCHEDULE.
	 
	B.	 	In the event of any difference between the terms of this SCHEDULE and the MRA, then the terms
of this SCHEDULE shall prevail.

RESEARCH PROJECT TITLE: Genomic Technologies to Enhance Switchgrass Breeding

	1.	 	BACKGROUND:

	 	 	Switchgrass (Panicum virgatum L.) is a perennial grass with a high potential for biomass
production with estimated ethanol [***] between [***] and [***] ha-1. It is a
heteromorphic cross-pollinated species with a high degree of [***]. Switchgrass has not
received much attention in [***] research, despite its agricultural, bioenergetic, and
environmental attributes. Development and application of [***] tools will help to improve
[***], facilitate conversion of biomass into biofuel, enable synthesis of valuable
co-products or alter feedstock quality. Besides, analysis of [***] and associated [***] will
facilitate [***] approaches to efficiently exploit beneficial [***] in breeding programs.
	 
	 	 	[***] are powerful tools for [***], [***], [***] studies. [***] have become the [***] class of
choice because they are mostly co-dominant, abundant in genomes, highly reproducible, and some
have high rates of transferability across species (Thiel et al. 2003; Saha et al. 2004).
Regular use of [***] for breeding and other applied research in a plant species depends on
development of a large number of [***] for the species of interest. A very limited number of
[***] is currently available for switchgrass.
	 
	 	 	In addition to the 11,990 switchgrass EST sequences reported by Tobias et al. (2005), to
date, Ceres has completed over [***]. In total Ceres will [***]. [***] from selected
clusters will be further [***] and [***] that are particularly important will be fully [***].

			
	 	 	 
	CERES-NOBLE Schedule 3
	 	Page 1 of 7

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

 

	 	 	Ceres will develop a [***] using public and [***] from switchgrass, [***]. [***]
developed will include [***].

	                                                       
	 	 	Consensus [***] of [***] were derived
from an assembly of [***] wheat, rice, maize, sorghum, and barley genes (Yu et al, 2004). A set of [***] developed from these [***] was found highly transferable across [***].
These have a high potential for [***]. We will seek to identify additional highly conserved
[***]. In total we plan to develop [***] for several [***] that are involved in [***],
[***], [***] and [***] and [***], [***], [***], and other important [***]. A Candidate [***]
will facilitate the study of close association between [***] and [***] controlling [***] of
interest.
	                                                        
	 
	 	 	[***] denote the linear order of [***] on a particular [***]. [***] based [***] have
been developed for most of the agriculturally important crops. These [***] are exploited to
identify, tag and locate [***] and [***] for important [***] to facilitate the breeding
process. In spite of its tremendous importance as an alternative fuel, [***] has been [***]
to date.
	 
	 	 	Because of [***], [***], [***] and [***], [***] will be important for determining the [***]
behavior of switchgrass [***] and [***]. In addition, the [***] will be used to evaluate the
[***] of switchgrass and aid in the identification of [***].
	 
	 	 	In addition to proprietary [***] the publicly available [***] will be used to create a
framework [***] using public [***].

	2.	 	PROPOSAL OBJECTIVES:

	 	2.1	 	To generate a comprehensive [***] system for switchgrass.
	 
	 	2.2	 	To conduct [***] and select [***].
	 
	 	2.3	 	To construct [***] with [***].
	 
	 	2.4	 	To conduct [***] with other important [***].
	 
	 	2.5	 	To tag important [***] and [***].
	 
	 	2.6	 	Identify [***] closely associated with [***].

	3.	 	WORK TO BE UNDERTAKEN:
	 
	 	 	See RESEARCH AND DEVELOPMENT PLAN (Attachment A to this SCHEDULE).

	4.	 	DETAILED WORKPLAN:
	 
	 	 	The RESEARCH AND DEVELOPMENT PLAN (Attachment A to this SCHEDULE) contains:

	 	•	 	Research and evaluation activities to be performed by each party in
detail, including locations for such activities
	 
	 	•	 	Timelines of such activities
	 
	 	•	 	Goals, expected results and deliverables

			
	 	 	 
	CERES-NOBLE Schedule 3
	 	Page 2 of 7

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

 

	 	•	 	Milestones and go/no-go decision points, if applicable
	 
	 	•	 	FTEs

	5.	 	LOCATION OF WORK:
	 
	 	 	NOBLE Work:
	 
	 	 	All NOBLE laboratory and greenhouse facilities and properties at its Ardmore location are
available for this project.
	 
	 	 	CERES Work:
	 
	 	 	Thousand Oaks, CA.

	6.	 	PHD LEVEL SCIENTIFIC STAFF:

	 	 	Dr. Malay Saha (NOBLE)
	 
	 	 	Dr. Joe Bouton (NOBLE)
	 
	 	 	Post Doc TBD (CNF, wherein “CNF” indicates a CERES-funded, NOBLE employee)
	 
	 	 	Dr. Peter Mascia (CERES)
	 
	 	 	Dr. Steve Thomas (CERES)
	 
	 	 	Dr. Richard Flavell (CERES)

	7.	 	MAJOR CONSUMABLES/LIVESTOCK TO BE PURCHASED:

	 	 	None.

	8.	 	REPORTS:

	 	 	All reports shall be delivered to the MANAGEMENT COMMITTEE on or before the required
delivery dates for the same.
	 
	 	 	NOBLE will deliver at each quarterly MANAGEMENT COMMITTEE meeting (or annual meeting, as the
case may be):

	 	•	 	Annual Report (compilation of slide presentations and quarterly
minutes) (annual meeting).
	 
	 	•	 	Quarterly status update and FTE breakout based on attached planning
document.
	 
	 	•	 	Actual spending relative to budget.
	 
	 	•	 	INTELLECTUAL PROPERTY generated during the period.
	 
	 	•	 	Copies of slide presentations summarizing research progress (template
attached as Attachment B to this SCHEDULE).
	 
	 	•	 	Information on the phenotype of parental lines and each line involved
in [***] and [***]. Phenotype information to be collected including:

	 	-	 	Pest problems
	 
	 	-	 	General plant appearance (e.g., tall or short, spreading or upright, etc.)

	 
	 	-	 	Data related to the target [***]
	 
	 	-	 	[***]
	 
	 	-	 	[***] and [***]
	 
	 	-	 	[***]
	 
	 	-	 	[***] and [***]
	 
	 	-	 	[***] (if specified in plan), including [***] of [***] such as
[***] and [***]

			
	 	 	 
	CERES-NOBLE Schedule 3
	 	Page 3 of 7

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

 

	 	 	Additional information, if not specifically included in the delivered information (above),
shall be delivered (or later provided, wherein the delivering party shall indicate the
delivery method and time) as supporting information at the related quarterly meeting, if
available:
	 
	 	 	NOBLE will deliver:

	 	•	 	Copies of field or greenhouse books and records
	 
	 	•	 	Copies of raw field trial data
	 
	 	•	 	Raw [***] and plant data
	 
	 	•	 	[***], dry tissue, [***] from [***]
	 
	 	•	 	[***], dry tissue, [***] from [***]

	 	 	CERES will deliver:

	 	•	 	[***] information
	 
	 	•	 	[***] information

	9.	 	COMMENCEMENT/TERMINATION:
	 
	 	 	Commencement: 19 May 2006
	 
	 	 	Termination: 30 April 2009

	10.	 	REPORT PREPARATION:
	 
	 	 	Dr Malay Saha (Noble)
	 
	                                                       
	 	 	Dr Peter Mascia (Ceres)
	                                                        

	11.	 	REPORT DATES:
	 
	 	 	Annual report: Due at annual meeting in March.
	 
	 	 	Quarterly reports and information: Due at quarterly meetings of the MANAGEMENT
COMMITTEE per the MRA (e.g., March, June, September, December).

	12.	 	ASSETS:
	 
	 	 	Not applicable.
	 
	13.	 	INSURANCE:
	 
	 	 	Not applicable.
	 
	14.	 	CONTRIBUTION TO JOINT INTELLECTUAL PROPERTY:
	 
	 	 	Controlled by MRA.
	 
	15.	 	SPECIAL CONDITIONS:

			
	 	 	 
	CERES-NOBLE Schedule 3
	 	Page 4 of 7

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

 

	 	 	Not applicable.
	 
	16.	 	INTELLECTUAL PROPERTY RIGHTS:

	 	16.1	 	NOBLE Background Intellectual Property:

	                                                       
	 	•	 	[***] ([***] and approximately
[***])
	                                                        

	                                                       
	 	16.2	 	CERES Background Intellectual Property:
	                                                        

	 	•	 	[***] from [***] and [***]
	 
	 	•	 	[***] information
	 
	 	•	 	Patent applications covering any of the foregoing

	17.	 	SUBCONTRACTORS AND LOCATIONS:
	 
	 	 	Not applicable.
	 
	18.	 	PROVISIONS FOR EARLY TERMINATION:
	 
	 	 	This SCHEDULE does not terminate automatically upon termination of the MRA.
	 
	 	 	This SCHEDULE shall expire pursuant to the terms set forth in this SCHEDULE, unless extended
by the mutual agreement of the parties, or unless sooner terminated in accordance with the
following provisions of this Paragraph:

     (a) mutual, written agreement of the parties;

     (b) failure of one party to satisfy its material obligations under this
Agreement, and such party subsequently fails to cure such failure(s) within (i)
thirty (30) days for failures to remit payment for amounts due under this Agreement
and (ii) ninety (90) days for all other obligations in each case after receipt of
written notice from the non-breaching party specifying such failure(s);

     (c) one (1) year’s written notice of termination by either CERES or NOBLE to
the other party in case either the terminating party or the other party ceases
substantially all activities in the COLLABORATION CROPS;

     (d) NOBLE will have the right to terminate this Agreement unilaterally with
thirty (30) days’ written notice to CERES, (i) if CERES seeks protection under any
bankruptcy, insolvency, receivership, trust, deed, creditors arrangement or
comparable proceeding or if any such proceeding is instituted against CERES (and not
dismissed within one hundred twenty (120) days); (ii) in case of dissolution or
winding up of CERES (excluding any situation where all or substantially all of
CERES’ assets, stock or business to which this Agreement relates are acquired by a
third party (whether by sale, acquisition, merger, operation of law or otherwise));
(iii) with written notice to CERES, to be given no
later than March 31, 2010 if CERES has failed in a substantial manner, by

			
	 	 	 
	CERES-NOBLE Schedule 3
	 	Page 5 of 7

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

 

December 31, 2009, to implement the activities set forth in EXHIBIT F, and does not
remedy such failure or offer a remediation plan which is reasonably acceptable to
NOBLE within ninety (90) days after receipt of a written notice from NOBLE
specifying such failure; or (iv) with one hundred twenty (120) days’ written notice
to CERES, if the institutional mission, purpose or structure of NOBLE would change
substantially and adversely affect NOBLE’S ability to satisfy its obligations
hereunder; or

     (e) CERES will have the right to terminate this Agreement unilaterally: (i)
with thirty (30) days’ written notice to NOBLE if [***] ceases to be
associated with NOBLE and the research activities associated with this SCHEDULE, and
NOBLE has not replaced him within one hundred twenty (120) days by a person
reasonably acceptable to CERES; (ii) with ninety (90) days’ written notice to NOBLE,
if the institutional mission, purpose or structure of NOBLE would change
substantially; or (iii) with one (1) years’ written notice to NOBLE, if CERES has
compelling business reasons to cease the collaboration.

	19.	 	USE AND COMMERCIALIZATION RIGHTS:
	 
	 	 	Controlled by MRA.
	 
	20.	 	CONFIDENTIALITY/PUBLICATION:
	 
	 	 	Controlled by MRA.
	 
	21.	 	FUNDING APPROVED:

Projected Budget (per year from CERES):

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Year 2	 	Year 3	 	 
	 	 	Year 1	 	Salaries	 	Salaries	 	 
	 	 	Salaries	 	incl.	 	incl.	 	 
	Personnel	 	incl. fringe	 	fringe	 	fringe	 	Subtotals
	Postdoctoral + Fringe Benefits
	 	$	[***]	 	 	$	[***]	 	 	$	[***]	 	 	$	[***]	 
	Travel
	 	$	[***]	 	 	$	[***]	 	 	$	[***]	 	 	$	[***]	 
	Supplies
	 	$	[***]	 	 	$	[***]	 	 	$	[***]	 	 	$	[***]	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Total Direct Costs
	 	$	[***]	 	 	$	[***]	 	 	$	[***]	 	 	$	[***]	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Indirect ( 50% of Direct)
	 	$	[***]	 	 	$	[***]	 	 	$	[***]	 	 	$	[***]	 
	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	TOTAL
	Total
	 	$	[***]	 	 	$	[***]	 	 	$	[***]	 	 	$	[***]	 

Billing Schedule: Invoices will be sent by NOBLE to CERES for actual expenses from the
previous period on the 15th of the first month of each calendar quarter, not to exceed
the amounts specified above.

			
	 	 	 
	CERES-NOBLE Schedule 3
	 	Page 6 of 7

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

 

IN WITNESS THEREOF this SCHEDULE has been executed on the date hereinbefore entered.

CERES, INC.

	 	 	 

	/s/ Richard Flavell
 
 By:
Richard Flavell, CBE, FRS

	 	May 19th 2006
 
 Date
	        Chief Scientific Officer
	 	 
	 
	 	 
	/s/ Richard Hamilton
 
 By:
Richard Hamilton

	 	May 19, 2006
 
 Date
	        President and Chief Executive Officer
	 	 
	 
	 	 
	THE SAMUEL ROBERTS NOBLE FOUNDATION, INC.
	 	 
	 
	 	 
	/s/ Michael A. Cawley
 
 By:
Michael A. Cawley

	 	19 MAY 2006
 
 Date
	        President
	 	 

			
	 	 	 
	CERES-NOBLE Schedule 3
	 	Page 7 of 7

 

 

CERES-NOBLE Schedule 3 — Attachment A — RESEARCH AND DEVELOPMENT PLAN

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

	Ceres FTE sum
	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 
	CNF FTE Sum
	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 
	NF FTE sum
	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Project	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Planning	 	 	 	Expected	 	Expected	 	 	 	 	 	#	 	%	 	#	 	Yearly	 	 	 	 	 	 	 	 
	Template	 	 	 	Start	 	Finish	 	Location	 	Personnel	 	People	 	Effort	 	Months	 	FTE	 	2006	 	2007	 	2008	 	2009
	 
	Objective
	 	Discover the nature and locations of [***] in
selected switchgrass [***], develop the means of
[***] the [***] efficiently and thereby increase
the efficiency of a breeding program for
improvements in [***] and [***]

	 	10/15/05
	 	10/15/07	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Product Concept
	 	Identification of switchgrass [***] and breeding
[***] for use in development of enhanced
switchgrass
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Business Plan
	 	Initiate project in anticipation of collaboration
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Management FTE

	 	4/1/06
	 	12/31/09
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 

	 	4/1/06
	 	12/31/09
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 
	Goal 1
	 	Develop switchgrass [***] using [***] of tissues
and conditions
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Impact
	 	Development of switchgrass [***] with a large
representation of [***]
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Action Item
	 	Isolate tissue for [***] from tissues of [***]

	 	8/15/05
	 	6/1/06
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	Action Item
	 	[***], [***] prep, [***] plating and
management

	 	9/1/05
	 	7/1/06
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	Deliverable
	 	Initial switchgrass [***] available for [***]

	 	 	 	12/1/05	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Deliverable
	 	Switchgrass [***] construction complete (all
[***] including [***])

	 	 	 	7/1/06	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	Goal 2
	 	Phase 1 [***] to identify novel and [***]
switchgrass [***]
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Impact
	 	Identification representation and isolation of
[***] in [***]
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Action Item
	 	Picking of switchgrass [***]

	 	11/1/05
	 	12/1/06
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	Action Item
	 	[***] of [***] to [***]

	 	11/1/05
	 	7/1/07
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	Action Item
	 	BLAST and clustering of switchgrass [***]

	 	12/1/05
	 	8/1/07
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	Deliverable
	 	[***] reads analyzed

	 	 	 	8/10/07	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	Goal 3
	 	Phase 2 [***] of [***] switchgrass [***]
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Impact
	 	Confirmation of [***] identified and additional
[***] read for determination of [***] quality
and novelty
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Action Item
	 	Rearray of [***] phase 2 [***]

	 	2/14/06
	 	11/1/06
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	Action Item
	 	Phase 2 [***] of [***]

	 	2/21/06
	 	12/20/06
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	Action Item
	 	Assembly and clustering of [***]

	 	6/1/06
	 	1/20/07
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	Deliverable
	 	[***] phase 2 reads analyzed

	 	 	 	2/14/07
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]

					
	 	 	 	 	 
	Ceres, Inc. Confidential
	 	5/18/2006
	 	Page 1

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

 

CERES-NOBLE — Schedule 3 — Attachment A — RESEARCH AND DEVELOPMENT PLAN

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	2006

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	2007	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	2008	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	2009	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	
J
 

	 	 	F
	 	 	M
	 	 	A
	 	 	M
	 	 	J
	 	 	J
	 	 	A
	 	 	S
	 	 	O
	 	 	N
	 	 	D
	 	 	 	J	 	 	 	F
	 	 	M
	 	 	A
	 	 	M
	 	 	J
	 	 	J
	 	 	A
	 	 	S
	 	 	O
	 	 	N
	 	 	D
	 	 	 	J	 	 	 	F
	 	 	M
	 	 	A
	 	 	M
	 	 	J
	 	 	J
	 	 	A
	 	 	S
	 	 	O
	 	 	N
	 	 	D
	 	 	 	J	 	 	 	F
	 	 	M
	 	 	A
	 	 	M
	 	 	J
	 	 	J
	 	 	A
	 	 	S
	 	 	O
	 	 	N
	 	 	D	 
	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

[***]

	 				
	Ceres, Inc. Confidential
	 	5/18/2006
	 	Page 2

 

CERES-NOBLE Schedule 3 — Attachment A — RESEARCH AND DEVELOPMENT PLAN

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Project	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Planning	 	 	 	Expected	 	Expected	 	 	 	 	 	#	 	%	 	#	 	Yearly	 	 	 	 	 	 	 	 
	Template	 	 	 	Start	 	Finish	 	Location	 	Personnel	 	People	 	Effort	 	Months	 	FTE	 	2006	 	2007	 	2008	 	2009
	 
	Goal 4
	 	Generate [***] and compare to other [***]
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Impact
	 	Identification of [***] in selected [***]

	 	 	 	4/1/06
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	Action Item
	 	Rearray of [***] selected switchgrass [***] (possibly
include selection list here)

	 	7/1/06
	 	7/14/06
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	Action Item
	 	[***] determination and [***] for [***]

	 	7/1/06
	 	8/1/06
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	Action Item
	 	[***] isolation from multiple ([***]) [***] isolates
(Discussion about what [***] to be done)

	 	5/1/06
	 	8/1/06
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	Action Item
	 	[***] from [***] and [***] of positive [***]

	 	8/1/06
	 	12/1/06
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	Action Item
	 	Evaluation of [***] and identification of [***]

	 	9/1/06
	 	12/10/06
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	Deliverable
	 	[***] for [***] high priority switchgrass [***] identified

	 	 	 	12/20/06	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	Goal 5
	 	Develop [***] assays
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Impact
	 	Low cost [***] system for routine [***] work
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Action Item
	 	consider relevant options for low cost [***] system and
make decision

	 	1/1/06
	 	6/1/06
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	Action Item
	 	develop [***] assays

	 	6/1/06
	 	3/31/07
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	Action Item
	 	implement [***] system

	 	9/1/06
	 	5/31/07
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	Deliverable
	 	[***] assays

	 	 	 	6/30/07	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	Goal 6
	 	Develop switchgrass [***]
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Impact
	 	Having a proprietary [***] will allow rapid breeding
progress
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Action Item
	 	Identify [***], develop a useful [***] of atleast [***]

	 	1/1/07
	 	3/31/07
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 

	 	1/1/07
	 	3/31/07
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	Action Item
	 	Screening of [***] and a [***] of [***] with developed
[***]

	 	4/1/07
	 	5/31/07
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 

	 	 	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	Action Item
	 	 

	 	4/1/07
	 	12/31/09
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 

	 	 	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	Action Item
	 	Isolate [***] from each [***] that will be used in the
[***] program

	 	5/1/07
	 	5/31/07
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 

	 	 	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	Action Item
	 	[***] with [***], resolve conflicts, store data

	 	5/1/07
	 	9/30/07
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 

	 	 	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	Action Item
	 	Make [***]

	 	8/1/07
	 	9/30/07
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 

	 	 	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	Deliverable
	 	High density, unambiguous [***] with [***] to [***]
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	Goal 7
	 	[***] identification
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Impact
	 	[***] associations will be used to accelerate breeding
for the selected [***], identify [***] associated with
[***]
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Action Item
	 	select [***] with relevant [***] and [***]. These may
incluse those used to develop the [***] and others being
used in the breeding program.

	 	6/1/07
	 	7/31/07
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	Action Item
	 	Develop sufficient [***] material to run [***] trials on
the relevant [***].

	 	7/1/07
	 	9/1/07
	 	[***]

[***]
	 	[***]

[***]
	 	[***]

[***]
	 	[***]

[***]
	 	[***]

[***]
	 	[***]

[***]
	 	[***]

[***]
	 	[***]

[***]
	 	[***]

[***]
	 	[***]

[***]
	 	 	 

	 	7/1/07
	 	9/1/07
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	Action Item
	 	Set up [***] trials

	 	10/1/07
	 	11/30/07
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 

	 	10/1/07
	 	11/30/07
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	Action Item
	 	evaluate [***] in greenhouse and field trials

	 	10/1/07
	 	10/31/08
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 

	 	10/1/07
	 	10/31/08
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]

					
	 	 	 	 	 
	Ceres, Inc. Confidential
	 	5/18/2006
	 	Page 3

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

 

CERES-NOBLE — Schedule 3 — Attachment A — RESEARCH AND DEVELOPMENT PLAN

[***]

					
	 	 	 	 	 
	Ceres, Inc. Confidential
	 	5/18/2006
	 	Page 4

 

 

CERES-NOBLE Schedule 3 — Attachment A — RESEARCH AND DEVELOPMENT PLAN

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Project	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Planning	 	 	 	Expected	 	Expected	 	 	 	 	 	#	 	%	 	#	 	Yearly	 	 	 	 	 	 	 	 
	Template	 	 	 	Start	 	Finish	 	Location	 	Personnel	 	People	 	Effort	 	Months	 	FTE	 	2006	 	2007	 	2008	 	2009
	 
	Action Item
	 	determine linkage between [***] and [***]

	 	7/1/07
	 	12/31/08
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 

	 	7/1/07
	 	12/31/08
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	Deliverable
	 	Association of [***] with [***] of interest
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	Goal 8
	 	[***] analysis
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Impact
	 	Understanding of the relationships among [***] and [***]
of switchgrass will allow better [***] of [***] for
breeding [***] and developing [***]
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Action Item
	 	Search literature and database, find switchgrass [***],
develop [***] and [***]

	 	6/1/06
	 	7/31/06
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 

	 	6/1/06
	 	7/31/06
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	Action Item
	 	obtain [***] and [***] collection. Collect new
appropriate [***] as needed

	 	6/1/06
	 	7/31/06
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 

	 	 	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	Action Item
	 	run [***] panel against each isolate

	 	8/1/06
	 	10/31/06
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 

	 	 	 	 	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	Action Item
	 	cluster analysis and development of [***]

	 	11/1/06
	 	12/31/06
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	 	 

	 	11/1/06
	 	12/31/06
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	Deliverable
	 	Detailed [***] of switchgrass [***]
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	Goal 9
	 	Evaluate up to [***] in [***]
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Impact
	 	Identify [***] as well as identify [***] function of [***]
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Action Item
	 	Rearray up to [***]

	 	6/1/06
	 	10/1/06
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	Action Item
	 	[***] up to [***] from switchgrass and other species into
[***] using [***]

	 	7/1/06
	 	4/1/07
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	Action Item
	 	Generate [***] for up to [***]

	 	7/1/06
	 	4/1/07
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	Action Item
	 	[***] verification of up to [***] in [***]

	 	7/1/06
	 	4/1/07
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	Action Item
	 	Transformation of up to [***] into [***]

	 	7/1/06
	 	4/1/07
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	Action Item
	 	Transform selected number of [***] into [***] and
switchgrass

	 	7/1/06
	 	4/1/07
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	Action Item
	 	Planting, maintenance and seed collection of [***]

	 	8/1/06
	 	5/1/07
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	Action Item
	 	[***] and screening of plant [***]

	 	1/1/07
	 	6/1/07
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	Deliverable
	 	[***] screened [***] containing [***]
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	Goal 10
	 	Switchgrass microarrays
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Impact
	 	Identify [***] and the relationship of results achieved
in [***], [***] and [***] to switchgrass to accelerate
breeding and [***] enhancement
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Action Item
	 	Design arrays

	 	7/1/06
	 	10/1/06
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	Action Item
	 	Design [***] experiments

	 	9/1/06
	 	6/1/07
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	Action Item
	 	Evaluate [***] results

	 	11/1/06
	 	9/1/07
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	Action Item
	 	Ongoing [***] experiments and analysis

	 	6/1/07
	 	12/31/08
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	Action Item
	 	Computational analysis of [***] and [***]

	 	6/1/06
	 	12/31/08
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	 	[***]
	Deliverable
	 	Detailed transcript analysis under multiple conditions
linked to results from other species allowing discovery
of novel [***] and [***]
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

					
	 	 	 	 	 
	Ceres, Inc. Confidential
	 	5/18/2006
	 	Page 5

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

 

CERES-NOBLE — Schedule 3 — Attachment A — RESEARCH AND DEVELOPMENT PLAN

[***]

					
	 	 	 	 	 
	Ceres, Inc. Confidential
	 	5/18/2006
	 	Page 6

 

 

	

1

Quarterly Report Format

Prepared by

Date

Date
Date

 

	

2

Concept and Goals

Concept

Goals

 

	

3

FTEs and Budget Projected vs. Actual

People and activities
        Q Budget    Q Actual    Yr Budget    Yr Actual
    NF Labor
    CNF Labor
    travel
    supplies

 

	

4

Action Items and Deliverables for the Period
   Action Item or Deliverable   Expected Finish   Actual Finish

 

	

5

Key Milestones or Deliverables for the Period

Progress on Key Milestones and Deliverables

Are we on, ahead or behind schedule

 

	

6

Technical Highlights

1 or 2 slides covering technical highlights

 

	

7

Results

Several slides summarizing results (if applicable)

 

	

8

Key Milestones and Deliverables Next 4 Quarters

Quarter 1

Quarter 2

Quarter 3

Quarter 4

 

	

9

Research Plan

Goal

Impact

Tasks

Milestones

Deliverables

Duplicate this slide as needed to cover each goal for the next
period

 

	

10

Timeline Summary
   Time to achieve Milestone   1   2   3   4   5   6   7   8   9   10   11   12
   Milestone 1
   Milestone 2
   Milestone 3
   Etc.

Assumptions and risk factors

Use additional slide if necessary

Use red if behind schedule until completed or otherwise resolved

Should be indicated in red as soon as the delay is identified

See issue resolution if behind schedule

 

	

11

IP

Filings during the period

Applications in progress

 

	

12

SOPs

List SOPS for all Key processes

 

	

13

Issue Resolution and Decision Making Slides

These can be used to address new issues or
implement corrective action or assist in decision
making such as variety release, etc.

 

	

14

Issue Resolution and Decision Making

Issue (e.g. milestone 3 behind schedule)

Actual

What is happening

Expected

What should be happening

 

	

15

Issue Resolution and Decision Making

Issue (e.g. milestone 3 behind schedule)

Possible alternative slide to address new issues

Needs

Wants

 

	

16

Decision

Summary of decision to be made

 

	

17

Options

Summary of options

 

	

18

Recommendations

What do we need to do to get back on track or address new issue

 

	

19

Resources Required

 

	

20

Plan and Schedule
   Action Items   Who   When

 

May 4, 2009

Via Electronic Mail

Cory Christenson, Ph.D.

Ceres, Inc.

1535 Rancho Conejo Blvd.

Thousand Oaks, California 91320

			
	     RE:	 	Developing Switchgrass Cultivars for Use in Bioenergy and Forage

Crop (Schedule 2) and Genomic Technologies to Enhance 
Switchgrass Breeding
(Schedule 3) to the Ceres-Noble Master Research 
Agreement (the “Agreement”)

Dear Cory:

     Per our collective discussions, Ceres and Noble hereby agree to extend the terms of Schedules
2 and 3 of the Agreement. Upon execution of this letter agreement, Schedules 2 and 3 shall each
have a termination date of November 15, 2009, or any earlier date which may be mutually agreed upon
by the Parties in writing. All other terms of the schedules, including respective project
objectives, will remain unchanged and binding. This is a no-cost extension.

     This amendment of Schedules 2 and 3 shall be deemed retroactive to May 1, 2009, and no lapse
of either schedule is intended by the parties.

     This amendment is consistent with the requirements of Paragraph 16.1 of the Agreement.

     Please acknowledge Ceres’ acceptance of this extension of Schedules 2 and 3 through the
signature of an authorized representative of Ceres and returning a copy of the signed document to
my attention by mail, email or by facsimile.

     If you have any questions, please contact me. Thank you for your assistance in this matter.

Sincerely,

/s/ Steven Rhines

Steven P. Rhines

Vice President, General Counsel

     Acknowledged and agreed:

	 	 	 	 	 

	 

	 	/s/ Anna Rath	 	 
	 

	 	 	 	 
	 

	 	Name: Anna Rath
	 	Date: 5/12/09
	 

	 	Title: Vice President of Commercial Development	 	 

The Samuel Roberts Noble Foundation, Inc.

2510 Sam Noble Parkway • Ardmore, Oklahoma 73401

www.noble.org • 580.223.5810

 

Pages where confidential treatment has been requested are stamped ‘Confidential Treatment
Requested and the Redacted Material has been separately filed with the Commission,’ and the confidential section has been marked as follows: [***].

SCHEDULE 4

THIS REVISED SCHEDULE is made this 10th day of March, 2007.

	 	 	 

	BETWEEN

	 	CERES, INC., a Delaware corporation, having
its principal place of business at 1535
Rancho Conejo Blvd., Thousand Oaks, CA
91320 (“CERES”) and
	 
	 	 
	 

	 	THE SAMUEL ROBERTS NOBLE FOUNDATION
INCORPORATED, an Oklahoma non-profit
corporation, having its principal place of
business at 2510 Sam Noble Parkway,
Ardmore, Oklahoma 73401 (“NOBLE”);

WHEREAS, CERES and NOBLE have entered into a Master Research Agreement (“MRA”), dated 19 May 2006,
which allows for the undertaking of RESEARCH PROJECTS pursuant to SCHEDULES, these terms being
defined in the MRA; and

WHEREAS, CERES and NOBLE entered into an original Schedule 1 to the MRA, dated 19 May 2006, and the
parties hereby seek to replace the terms and conditions of such schedule, in its entirety, with
this revised SCHEDULE effective as of the date shown above; and

THEREFORE, the parties have agreed to undertake the following RESEARCH PROJECT as defined herein on
the following terms and conditions:

GENERAL

	A.	 	Unless otherwise specified herein, the terms of the MRA shall apply to this SCHEDULE.
	 
	B.	 	In the event of any difference between the terms of this SCHEDULE and the MRA, then the terms
of this SCHEDULE shall prevail.

RESEARCH PROJECT TITLE: Production-scale agronomics and economics of switchgrass for bioenergy in
the southern Great Plains

	1.	 	BACKGROUND:
	 
	 	 	Limited information is available on agronomic management and production economics of
switchgrass for bioenergy purposes in the southern Great Plains. NOBLE has initiated
research to improve the genetics of switchgrass to produce greater biomass yields and
research to identify management practices that allow for better stand establishment.
Research on nitrogen, phosphorous, and potassium fertilization rates and harvest management
practices to optimum biomass yields have not been addressed. Research and demonstration
projects that identify the best fertilization and harvest management practices may
facilitate quicker producer adoption of switchgrass and stimulate a budding bioenergy
industry. Research on switchgrass production in the southern Great Plains will also improve
understanding about the westward adaptability of switchgrass, biomass yield relationships
with site precipitation, and the dual purpose value of switchgrass as a forage and bioenergy
crop, vital information considering that much of the agricultural sector in the southern
Great Plains is tied to beef cattle production.
	 
	2.	 	PROPOSAL OBJECTIVES:

	 	 	 

	 
	 	Page 1 of 8

 

 

	 	2.1	 	To determine biomass yields and production economics of switchgrass as a
bioenergy crop under one and two harvest per year systems across southern Oklahoma.
	 
	 	2.2	 	To quantify effects of nitrogen fertilization rate and harvest frequency/time
interactions on switchgrass biomass yields, stand persistence, and forage quality.
	 
	 	2.3	 	To determine interactions of nitrogen, phosphorous, and potassium fertilization
on switchgrass biomass production, nutrient uptake, and soil nutrient removal rates.

	3.	 	WORK TO BE UNDERTAKEN:
	 
	 	 	See RESEARCH AND DEVELOPMENT PLAN (Attachment A to this SCHEDULE).
	 
	 	 	Subject to the RESEARCH AND DEVELOPMENT PLAN, an overview of NOBLE work includes:
	 
	 	 	Objective 1. In the spring of 2007, research will be initiated on four NOBLE
cooperators’ farms and one NOBLE farm to determine biomass yields and production economics
of switchgrass as a bioenergy crop under one and two harvest per year systems across
southern Oklahoma. The five locations will span a 15 to 50 inch rainfall gradient:
1) far-west; 2) west; 3) central (NOBLE farm); 4) east; and 5) far-east. Two
harvest frequencies will be evaluated: 1) cut once at the end of the growing season for
biofuel purposes; 2) cut twice — ‘boot’ stage for forage and at the end of the growing
season for biofuel purposes. Contracts will be established with cooperators to allow NOBLE
to establish and produce switchgrass through 2011. Plot size will be [***] acres and will be
replicated [***] times per treatment for a total of [***] acres of production at each
location.
	 
	 	 	In March-April 2007, soils will be tested for phosphorous, potassium, and pH and
deficiencies will be corrected so as not to limit yield responses. Fields will be planted
with [***] switchgrass between April and June 2007. In the 2nd and subsequent
production years, N will be applied at [***] pounds/acre so as not to limit yield. If stands
fail to establish in 2007 and 2008, the effected sites will be replanted in 2008 and 2009,
respectively, and subsequently, the treatment applications and data collection schedule will
be delayed for the appropriate period of time.
	 
	 	 	Stand establishment success will be assessed in the fall of the 1st growing
season before biomass harvest. Biomass will be harvested at the same time for all treatments
in the fall of 2007 and by treatment schedule from 2008-11. Subsamples of the harvested
biomass will be collected for forage quality analysis from 2008-09. Stand persistence will
be assessed in the spring of 2009-11 with counts of tiller densities.
	 
	 	 	The experiment will be analyzed as randomized complete block with repeated measures. Year
(5), location (5), and replication ([***]) will be considered random factors and harvest
frequency (2) a fixed factor.
	 
	 	 	Full Information Enterprise Budgets detailing both variable and fixed production expenses
will be developed for each treatment (system) for each farm location and year. Variable
expenses include all cash expenses for seed, chemicals, fertilizer, custom

Page 2 of 8

Confidential Treatment Requested and the Redacted Material has been separately filed with the
Commission

 

	 	 	services, hired labor, and interest on investment. Fixed expenses include depreciation,
interest, taxes, and insurance on farm machinery, fences, and other capital items used in
the production process. Breakeven price of harvested switchgrass will be computed to
determine the price a producer would have to be paid in order to break-even. Sensitivity
analysis will be conducted to determine how robust results are to changes in prices of
inputs and yields.
	 
	 	 	Objective 2. In the spring of 2007, field plots of [***] switchgrass will be
established on three NOBLE farm sites (highly productive, moderately productive, and lowly
productive) to evaluate biomass production responses to N fertilizer rates ([***], [***],
[***], [***], [***], and [***] lbs/acre) and harvest frequency/time periods (a. once — at
the end of the growing season; b. twice — at ‘boot’ stage and at the end of the growing
season; and c. twice — during vegetative growth and at the end of the growing season) . The
field plot trials will cover ~ [***] each and will be conducted through 2011.
	 
	 	 	In March-April 2007, soils will be tested for for phosphorous, potassium, and pH and
deficiencies will be corrected so as not to limit yield responses. Fields will be planted
with [***] switchgrass between April and June 2007. If stands fail to establish in 2007 and
2008, the affected sites will be replanted in 2008 and 2009, respectively, and subsequently,
the treatment applications and data collection schedule will be delayed for the appropriate
period of time.
	 
	 	 	Stand establishment success will be assessed in the fall of the 1st growing
season before biomass harvest. Biomass will be harvested at the same time for all treatments
in the fall of 2007 and by treatment schedule from 2008-11. Subsamples of the harvested
biomass will be collected for forage quality analysis from 2008-09. Stand persistence will
be assessed in the spring of 2009-11 with counts of tiller densities.
	 
	 	 	The field plot trials will be arranged in split plots with repeated measures over years.
Nitrogen rates will be whole plots and harvest frequency/time periods the subplots. Each
trial will have [***] replications.
	 
	 	 	Objective 3. In the spring of 2007, field plots of [***] switchgrass will be
established on three NOBLE farm sites (highly productive, moderately productive, and lowly
productive) to determine if biomass production responds to N, P, and K fertilization and to
quantify rates of soil nutrient removal under annual biomass harvests . Treatments will
include applications of N ([***] and [***] lbs/acre), P ([***] and [***] lbs/acre) and K
([***] and [***] lbs/acre). The field plot trials will cover ~ [***] each and will be
conducted through 2011.
	 
	 	 	Fields will be planted between April and June 2007. In the 2nd and subsequent
production years, the N, P, and K treatments will be applied according to the treatment
schedule. If stands fail to establish in 2007 and 2008, the effected sites will be replanted
in 2008 and 2009, respectively, and subsequently, the treatment applications and data
collection schedule will be delayed for the appropriate period of time.
	 
	 	 	Stand establishment success will be assessed in the fall of the 1st growing
season before biomass harvest. Biomass will be harvested at the same time for all treatments
in the fall of 2007 and by treatment schedule from 2008-11. Subsamples of the harvested
biomass

Page 3 of 8

Confidential Treatment Requested and the Redacted Material has been separately filed with the
Commission

 

	 	 	will be collected for nutrient concentration analysis (N, P, K, Ca, and Mg) from 2008-09.
Stand persistence will be assessed in the spring of 2009-11 with counts of tiller densities.
	 
	 	 	The field plot trials will be arranged in split plots with repeated measures across years.
Nitrogen fertilization rate will be the whole plot treatment factor in each trial.
Phosphorous and K will be subplot treatments arranged in [***] x [***] factorial manner.
Each trial will have [***] replications.
	 
	4.	 	DETAILED WORKPLAN:
	 
	 	 	The RESEARCH AND DEVELOPMENT PLAN (Attachment A to this SCHEDULE) contains:

	 	•	 	Research and evaluation activities to be performed by each party in
detail, including locations for such activities
	 
	 	•	 	Timelines of such activities
	 
	 	•	 	Goals, expected results and deliverables
	 
	 	•	 	Milestones and go/no-go decision points, if applicable
	 
	 	•	 	FTEs

	5.	 	LOCATION OF WORK:

NOBLE Work:

NOBLE properties and subcontractor locations.

CERES Work:

Thousand Oaks, CA

	6.	 	PHD LEVEL SCIENTIFIC STAFF:

Dr.
John Guretzky (NOBLE)

Dr. John Biermacher(NOBLE)

Dr.  Billy Cook (NOBLE)

Post Doc TBD (CNF, wherein “CNF” indicates a CERES-funded, NOBLE employee)

Dr. Peter Mascia (CERES)

Dr. Emily Heaton (CERES)

Dr. Steve Thomas (CERES)

	7.	 	MAJOR CONSUMABLES/LIVESTOCK TO BE PURCHASED:
	 
	 	 	None.
	 
	8.	 	REPORTS:
	 
	 	 	All reports shall be delivered to the MANAGEMENT COMMITTEE on or before the required
delivery dates for the same.
	 
	 	 	NOBLE will deliver at each quarterly MANAGEMENT COMMITTEE meeting (or annual meeting, as the
case may be):

	 	•	 	Annual Report (compilation of slide presentations and quarterly
minutes) (annual meeting).

Page 4 of 8

Confidential Treatment Requested and the Redacted Material has been separately filed with the
Commission

 

	 	•	 	Quarterly status update and FTE breakout based on attached planning
document.
	 
	 	•	 	Actual spending relative to budget.
	 
	 	•	 	INTELLECTUAL PROPERTY generated during the period.
	 
	 	•	 	Copies of slide presentations summarizing research progress (template
attached as Attachment B to this SCHEDULE).
	 
	 	•	 	Content for the development of a grower’s manual, which the parties
intend to be a deliverable of this SCHEDULE.

	 	 	Additional information, if not specifically included in the delivered information (above),
shall be delivered (or later provided, wherein the delivering party shall indicate the
delivery method and time) as supporting information at the related quarterly meeting, if
available:

	 	•	 	Copies of raw field trial data

	9.	 	COMMENCEMENT/TERMINATION:

Commencement: 15 Mar 2007

Termination: 31 December 2011

	10.	 	REPORT PREPARATION:

Dr.
John Guretzky (NOBLE)

Dr Peter Mascia (CERES)

	11.	 	REPORT DATES:
	 
	 	 	Annual report: Due at annual meeting in March.
	 
	 	 	Quarterly reports and information: Due at quarterly meetings of the MANAGEMENT
COMMITTEE per the MRA (e.g., March, June, September, December).
	 
	12.	 	ASSETS:
	 
	 	 	Not applicable
	 
	13.	 	INSURANCE:
	 
	 	 	Not applicable
	 
	14.	 	CONTRIBUTION TO JOINT INTELLECTUAL PROPERTY:
	 
	 	 	Controlled by MRA.
	 
	15.	 	SPECIAL CONDITIONS:
	 
	 	 	Not applicable.
	 
	16.	 	INTELLECTUAL PROPERTY RIGHTS:

	 	16.1	 	NOBLE Background Intellectual Property:

	 	 	Management practices and protocols for forage cropping systems.

Page 5 of 8

 

	 	16.2	 	CERES Background Intellectual Property:
	 
	 	 	 	None.

	17.	 	SUBCONTRACTORS AND LOCATIONS:
	 
	 	 	NOBLE cooperators (growers) to be determined by the NOBLE Agricultural Division. Final NOBLE
cooperators and locations will be reported to the MANAGEMENT COMMITTEE at the quarterly
meetings.
	 
	18.	 	PROVISIONS FOR EARLY TERMINATION:
	 
	 	 	This SCHEDULE does not terminate automatically upon termination of the MRA.
	 
	 	 	This SCHEDULE shall expire pursuant to the terms set forth in this SCHEDULE, unless extended
by the mutual agreement of the parties, or unless sooner terminated in accordance with the
following provisions of this Paragraph:

     (a) mutual, written agreement of the parties;

     (b) failure of one party to satisfy its material obligations under this
Agreement, and such party subsequently fails to cure such failure(s) within (i)
thirty (30) days for failures to remit payment for amounts due under this Agreement
and (ii) ninety (90) days for all other obligations in each case after receipt of
written notice from the non-breaching party specifying such failure;

     (c) one (1) year’s written notice of termination by either CERES or NOBLE to
the other party in case either the terminating party or the other party ceases
substantially all activities in the COLLABORATION CROPS;

     (d) NOBLE will have the right to terminate this Agreement unilaterally with
thirty (30) days’ written notice to CERES, (i) if CERES seeks protection under any
bankruptcy, insolvency, receivership, trust, deed, creditors arrangement or
comparable proceeding or if any such proceeding is instituted against CERES (and not
dismissed within one hundred twenty (120) days); (ii) in case of dissolution or
winding up of CERES (excluding any situation where all or substantially all of
CERES’ assets, stock or business to which this Agreement relates are acquired by a
third party (whether by sale, acquisition, merger, operation of law or otherwise));
(iii) with written notice to CERES, to be given no later than March 31, 2010 if
Ceres has failed in a substantial manner, by December 31, 2009, to implement the
activities set forth in EXHIBIT F, and does not remedy such failure or offer a
remediation plan which is reasonably acceptable to NOBLE within ninety (90) days
after receipt of a written notice from NOBLE specifying such failure; or (iv) with
one hundred twenty (120) days’ written notice to CERES, if the institutional
mission, purpose or structure of NOBLE would change substantially and adversely
affect NOBLE’S ability to satisfy its obligations hereunder; or

     (e) CERES will have the right to terminate this Agreement unilaterally: (i)
with thirty (30) days’ written notice to NOBLE if Dr. [***] ceases to be associated
with NOBLE and the research activities associated with this

Page 6 of 8

Confidential Treatment Requested and the Redacted Material has been separately filed with the
Commission

 

SCHEDULE, and NOBLE has not replaced him within one hundred twenty (120) days
by a person reasonably acceptable to CERES; (ii) with ninety (90) days’ written
notice to NOBLE, if the institutional mission, purpose or structure of NOBLE would
change substantially; or (iii) with one (1) years’ written notice to NOBLE, if CERES
has compelling business reasons to cease the collaboration.

	19.	 	USE AND COMMERCIALIZATION RIGHTS:
	 
	 	 	Controlled by MRA.
	 
	20.	 	CONFIDENTIALITY/PUBLICATION:
	 
	 	 	Controlled by MRA.
	 
	21.	 	Proposed FUNDING:

Projected Budget (per year from CERES):

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Year 1	 	 	Year 2	 	 	Year 3	 	 	Year 4	 	 	Year 5	 	 	5 yr total	 
	Postdoc
	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	$	[***]	 
	Research assistant #1 50%
	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	$	[***]	 
	Research assistant #2 50%
	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	$	[***]	 
	Research assistant #3 25%
	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	$	[***]	 
	Research assistant #4 25%
	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	$	[***]	 
	Research assistant #5 25%
	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	$	[***]	 
	Research assistant #6 25%
	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	$	[***]	 
	Location testing (land rent)
	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	$	[***]	 
	Fencing
	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	$	[***]	 
	Travel
	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	$	[***]	 
	Seed
	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	$	[***]	 
	Herbicides and other chemicals
	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	$	[***]	 
	Fertilizer & lime
	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	$	[***]	 
	Farm operations (fuel)
	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	$	[***]	 
	Research supplies
	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	$	[***]	 
	Soil sampling
	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	$	[***]	 
	Forage quality analysis
	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	$	[***]	 
	 
	 	$	[***]	 	 	$	[***]	 	 	$	[***]	 	 	$	[***]	 	 	$	[***]	 	 	$	[***]	 

Billing Schedule: Invoices will be sent by NOBLE to CERES for actual expenses from the
previous period on the 15th of the first month of each calendar quarter, not to exceed
the total amount specified above.

Page 7 of 8

Confidential Treatment Requested and the Redacted Material has been separately filed with the
Commission

 

IN WITNESS THEREOF this SCHEDULE has been executed on the date hereinbefore entered.

CERES, INC.

	 	 	 	 	 	 	 

	By:

	 	/s/ Steven R. Thomas
 

	 	 
	 	Date 4/10/09
	 

	 	Steven  Thomas	 	 	 	 
	 

	 	Director of BioProducts	 	 	 	 
	 
	 	 	 	 	 	 
	By:

	 	/s/ Peter Mascia
 

	 	 
	 	Date 4/10/07
	 

	 	Peter Mascia	 	 	 	 
	 

	 	Vice President of Product Development	 	 	 	 

THE SAMUEL ROBERTS NOBLE FOUNDATION, INC.

	 	 	 	 	 	 	 

	By:

	 	/s/ Michael A. Cawley
 

	 	 
	 	Date 10 APR 07
	 

	 	Michael A. Cawley	 	 	 	 
	 

	 	President	 	 	 	 

Page 8 of 8

 

Ceres/Noble
- Schedule 4 - Attachment A - RESEARCH AND DEVELOPMENT PLAN

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	Ceres FTE sum	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	CNF FTE Sum	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	NF FTE sum	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	2007	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	2008	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	2009	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Project Planning	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	#	 	 	Yearly	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Template	 	 	 	Ex Start	 	Ex Finish	 	 	Loc	 	 	 	 	 	 	# people	 	 	%	 	 	Months	 	 	FTE	 	 	2007	 	 	2008	 	 	2009	 	 	2010	 	 	2011	 	 	J	 	 	F	 	 	M	 	 	A	 	 	M	 	 	J	 	 	J	 	 	A	 	 	S	 	 	O	 	 	N	 	 	D	 	 	J	 	 	F	 	 	M	 	 	A	 	 	M	 	 	J	 	 	J	 	 	A	 	 	S	 	 	O	 	 	N	 	 	D	 	 	J	 	 	F	 	 	M	 	 	A	 	 	M	 	 	J	 	 	J	 	 	A	 	 	S	 	 	O	 	 	N	 	 	D	 
	Objectives
	 	Determine agronomics and economics of switchgrass grown for bioenergy in the southern Great Plains	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Product Concept
	 	Research that demonstrates best agronomic and economic production practices may faciltitate earlier producer adoption of switchgrass and stimulate a budding bioenergy industry	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Business Plan
	 	Conduct field plot and on cooperator farm trials to determine optimal soil fertility and harvest management practices for biomass yields	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Management
	 	 	 	2/15/07	 	 	4/1/12	 	 	CERES	 	Director	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	 	 	 	 	 	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 
	 
	 	 	 	2/15/07	 	 	4/1/12	 	 	NF	 	Director	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	 	 	 	 	 	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 

Page 1

Confidential Treatment Requested and the Redacted Material has been separately filed with the
Commission

 

Ceres/Noble
- Schedule 4 - Attachment A - RESEARCH AND DEVELOPMENT PLAN

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Project Planning	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	#	 	 	Yearly	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Template	 	 	 	Ex Start	 	Ex Finish	 	 	Loc	 	 	 	 	 	 	# people	 	 	%	 	 	Months	 	 	FTE	 	 	2007	 	 	2008	 	 	2009	 	 	2010	 	 	2011	 	 	J	 	 	F	 	 	M	 	 	A	 	 	M	 	 	J	 	 	J	 	 	A	 	 	S	 	 	O	 	 	N	 	 	D	 	 	J	 	 	F	 	 	M	 	 	A	 	 	M	 	 	J	 	 	J	 	 	A	 	 	S	 	 	O	 	 	N	 	 	D	 	 	J	 	 	F	 	 	M	 	 	A	 	 	M	 	 	J	 	 	J	 	 	A	 	 	S	 	 	O	 	 	N	 	 	D	 
	Goal
	 	Assess potential on-farm biomass yields and production economics of switchgrass across southern Oklahoma	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Impact
	 	Provides expected yields under two harvest management systems and breakeven price growers need for switchgrass	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Action Item
	 	Identify and visit potential sites and establish land rental agreements with producers	 	1/1/07	 	 	12/31/07	 	 	CNF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	1/1/07	 	 	12/31/07	 	 	NF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Action Item
	 	Build fences to control on-site activities	 	1/1/07	 	 	12/31/07	 	 	CNF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	1/1/07	 	 	12/31/07	 	 	NF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Action Item
	 	Sample soils	 	1/1/07	 	 	12/31/11	 	 	CNF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 
	 
	 	 	 	1/1/07	 	 	12/31/11	 	 	NF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 
	Action Item
	 	Prepare sites for planting and establish switchgrass stands	 	1/1/07	 	 	12/31/07	 	 	CNF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	1/1/07	 	 	12/31/07	 	 	NF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Action Item
	 	Control weeds	 	1/1/07	 	 	12/31/11	 	 	CNF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 
	 
	 	 	 	1/1/07	 	 	12/31/11	 	 	NF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 
	Action Item
	 	Assess establishment and harvest 1st year stands	 	1/1/07	 	 	12/31/07	 	 	CNF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	1/1/07	 	 	12/31/07	 	 	NF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Action Item
	 	Assess stand persistence	 	1/1/08	 	 	12/31/11	 	 	CNF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 
	 
	 	 	 	1/1/08	 	 	12/31/11	 	 	NF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 
	Action Item
	 	Harvest biomass production yrs 2-5	 	1/1/08	 	 	12/31/11	 	 	CNF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 
	 
	 	 	 	1/1/08	 	 	12/31/11	 	 	NF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 
	Action Item
	 	Replant if necessary	 	1/1/08	 	 	12/31/09	 	 	CNF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 
	 
	 	 	 	1/1/08	 	 	12/31/09	 	 	NF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 
	Action Item
	 	Lay out field plots and assign treatments	 	1/1/08	 	 	12/31/09	 	 	CNF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 
	 
	 	 	 	1/1/08	 	 	12/31/09	 	 	NF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 
	Action Item
	 	Fertilize plots annually with N ([***] lbs/acre) and P, K, and lime if soils are limited	 	1/1/08	 	 	12/31/11	 	 	CNF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 
	 
	 	 	 	1/1/08	 	 	12/31/11	 	 	NF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 
	Action Item
	 	Prepare biomass subsamples for forage quality analysis years 2-3	 	1/1/08	 	 	12/31/09	 	 	CNF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 
	 
	 	 	 	1/1/08	 	 	12/31/09	 	 	NF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 
	Action Item
	 	Data input, analysis, report preparation, presentation development, meetings	 	1/1/07	 	 	12/31/11	 	 	CNF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 
	 
	 	 	 	1/1/07	 	 	12/31/11	 	 	NF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 
	Action Item
	 	Follow-up cooperator relations	 	1/1/07	 	 	12/31/11	 	 	CNF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 
	 
	 	 	 	1/1/07	 	 	12/31/11	 	 	NF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 
	Deliverable
	 	Report on stand establishment and 1st year biomass yields	 	1/1/08	 	 	4/1/08	 	 	NF	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Deliverable
	 	Report economics (cost of production) regarding 1st year of production	 	2/1/08	 	 	4/1/08	 	 	NF	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	X	 	 	 	X	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Deliverable
	 	Report on 2nd year biomass yields and forage quality	 	1/1/09	 	 	4/1/09	 	 	NF	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Deliverable
	 	Report economics (cost of production) regarding 1st and 2nd year of production	 	2/1/08	 	 	4/1/09	 	 	NF	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Deliverable
	 	Report on 3rd year stand persistence, biomass yields, and forage quality	 	1/1/10	 	 	4/1/10	 	 	NF	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Deliverable
	 	Report economics (cost of production) regarding 1st-3rd year of production	 	2/1/08	 	 	4/1/10	 	 	NF	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Deliverable
	 	Report on 4th year stand persistence and biomass yields	 	1/1/11	 	 	4/1/11	 	 	NF	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Deliverable
	 	Report economics (cost of production) regarding 1st-4th year of production	 	2/1/08	 	 	4/1/11	 	 	NF	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Deliverable
	 	Report on 5th year stand persistence and biomass yields	 	1/1/12	 	 	4/1/12	 	 	NF	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Deliverable
	 	Provide comprehensive agronomic and economic report, including cost of production, breakeven prices and costs, and sensitivty analysis.	 	1/1/12	 	 	6/1/12	 	 	NF	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

Page 2

Confidential Treatment Requested and the Redacted Material has been separately filed with the
Commission

 

Ceres/Noble
- Schedule 4 - Attachment A - RESEARCH AND DEVELOPMENT PLAN

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Project Planning	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	#	 	 	Yearly	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Template	 	 	 	Ex Start	 	Ex Finish	 	 	Loc	 	 	 	 	 	 	# people	 	 	%	 	 	Months	 	 	FTE	 	 	2007	 	 	2008	 	 	2009	 	 	2010	 	 	2011	 	 	J	 	 	F	 	 	M	 	 	A	 	 	M	 	 	J	 	 	J	 	 	A	 	 	S	 	 	O	 	 	N	 	 	D	 	 	J	 	 	F	 	 	M	 	 	A	 	 	M	 	 	J	 	 	J	 	 	A	 	 	S	 	 	O	 	 	N	 	 	D	 	 	J	 	 	F	 	 	M	 	 	A	 	 	M	 	 	J	 	 	J	 	 	A	 	 	S	 	 	O	 	 	N	 	 	D	 
	Goal
	 	Evaluate switchgrass biomass production responses to N fertilization rates and harvest frequency/time periods	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Impact
	 	Provides best management practices to maximize biomass yields and sustain productive stands	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Action Item
	 	Identify three NOBLE sites (highly productive, moderately productive, and lowly productive) to establish field plot trials	 	1/1/07	 	 	12/31/07	 	 	CNF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	1/1/07	 	 	12/31/07	 	 	NF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Action Item
	 	Sample soils	 	1/1/07	 	 	12/31/11	 	 	CNF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 
	 
	 	 	 	1/1/07	 	 	12/31/11	 	 	NF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 
	Action Item
	 	Prepare sites for planting and establish switchgrass stands	 	1/1/07	 	 	12/31/07	 	 	CNF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	1/1/07	 	 	12/31/07	 	 	NF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Action Item
	 	Control weeds	 	1/1/07	 	 	12/31/11	 	 	CNF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 
	 
	 	 	 	1/1/07	 	 	12/31/11	 	 	NF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 
	Action Item
	 	Assess establishment and harvest 1st year stands	 	1/1/07	 	 	12/31/07	 	 	CNF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	1/1/07	 	 	12/31/07	 	 	NF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Action Item
	 	Assess stand persistence	 	1/1/08	 	 	12/31/11	 	 	CNF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 
	 
	 	 	 	1/1/08	 	 	12/31/11	 	 	NF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 
	Action Item
	 	Harvest biomass production yrs 2-5	 	1/1/08	 	 	12/31/11	 	 	CNF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 
	 
	 	 	 	1/1/08	 	 	12/31/11	 	 	NF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 
	Action Item
	 	Replant if necessary	 	1/1/08	 	 	12/31/09	 	 	CNF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 
	 
	 	 	 	1/1/08	 	 	12/31/09	 	 	NF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 
	Action Item
	 	Lay out field plots and assign treatments	 	1/1/08	 	 	12/31/09	 	 	CNF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 
	 
	 	 	 	1/1/08	 	 	12/31/09	 	 	NF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 
	Action Item
	 	Fertilize plots according to
treatment schedule with N ([***], [***], [***], [***], [***] and [***] lbs/a) for production years 2-5	 	1/1/08	 	 	12/31/11	 	 	CNF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 
	 
	 	 	 	1/1/08	 	 	12/31/11	 	 	NF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 
	Action Item
	 	Prepare biomass subsamples for forage quality analysis years 2-3	 	1/1/08	 	 	12/31/09	 	 	CNF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 
	 
	 	 	 	1/1/08	 	 	12/31/09	 	 	NF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 
	Action Item
	 	Data input, analysis, report preparation, presentation development, meetings	 	1/1/07	 	 	12/31/11	 	 	CNF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 
	 
	 	 	 	1/1/07	 	 	12/31/11	 	 	NF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 
	Deliverable
	 	Report on stand establishment and 1st year biomass yields	 	1/1/08	 	 	4/1/08	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Deliverable
	 	Report on 2nd year biomass yields and forage quality	 	1/1/09	 	 	4/1/09	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Deliverable
	 	Report on 3rd year stand persistence, biomass yields, and forage quality	 	1/1/10	 	 	4/1/10	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Deliverable
	 	Report on 4th year stand persistence and biomass yields	 	1/1/11	 	 	4/1/11	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Deliverable
	 	Report on 5th year stand persistence and biomass yields	 	1/1/12	 	 	4/1/12	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

Page 3

Confidential Treatment Requested and the Redacted Material has been separately filed with the
Commission

 

Ceres/Noble
- Schedule 4 - Attachment A - RESEARCH AND DEVELOPMENT PLAN

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Project Planning	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	#	 	 	Yearly	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Template	 	 	 	Ex Start	 	Ex Finish	 	 	Loc	 	 	 	 	 	 	# people	 	 	%	 	 	Months	 	 	FTE	 	 	2007	 	 	2008	 	 	2009	 	 	2010	 	 	2011	 	 	J	 	 	F	 	 	M	 	 	A	 	 	M	 	 	J	 	 	J	 	 	A	 	 	S	 	 	O	 	 	N	 	 	D	 	 	J	 	 	F	 	 	M	 	 	A	 	 	M	 	 	J	 	 	J	 	 	A	 	 	S	 	 	O	 	 	N	 	 	D	 	 	J	 	 	F	 	 	M	 	 	A	 	 	M	 	 	J	 	 	J	 	 	A	 	 	S	 	 	O	 	 	N	 	 	D	 
	Goal
	 	Evaluate switchgrass biomass production responses to P and K on three sites with and without N fertilization	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Impact
	 	Addresses whether biomass production responds to P and K and quantifies annual biomass harvest effects on soil nutrient removal rates	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Action Item
	 	Identify three NOBLE sites (highly productive, moderately productive, and lowly productive) to establish field plot trials	 	1/1/07	 	 	12/31/07	 	 	CNF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	1/1/07	 	 	12/31/07	 	 	NF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Action Item
	 	Sample soils	 	1/1/07	 	 	12/31/11	 	 	CNF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 
	 
	 	 	 	1/1/07	 	 	12/31/11	 	 	NF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 
	Action Item
	 	Prepare sites for planting and establish switchgrass stands	 	1/1/07	 	 	12/31/07	 	 	CNF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	1/1/07	 	 	12/31/07	 	 	NF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Action Item
	 	Control weeds	 	1/1/07	 	 	12/31/11	 	 	CNF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 
	 
	 	 	 	1/1/07	 	 	12/31/11	 	 	NF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 
	Action Item
	 	Assess establishment and harvest 1st year stands	 	1/1/07	 	 	12/31/07	 	 	CNF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	1/1/07	 	 	12/31/07	 	 	NF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Action Item
	 	Assess stand persistence	 	1/1/08	 	 	12/31/11	 	 	CNF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 
	 
	 	 	 	1/1/08	 	 	12/31/11	 	 	NF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 
	Action Item
	 	Harvest biomass production yrs 2-5	 	1/1/08	 	 	12/31/11	 	 	CNF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 
	 
	 	 	 	1/1/08	 	 	12/31/11	 	 	NF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 
	Action Item
	 	Replant if necessary	 	1/1/08	 	 	12/31/09	 	 	CNF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 
	 
	 	 	 	1/1/08	 	 	12/31/09	 	 	NF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 
	Action Item
	 	Lay out field plots and assign treatments	 	1/1/08	 	 	12/31/09	 	 	CNF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 
	 
	 	 	 	1/1/08	 	 	12/31/09	 	 	NF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 
	Action Item
	 	Fertilize plots according to treatment schedule with N ([***] and [***] lbs/acre),  P([***] and [***] lbs/acre) and K ([***] and [***] lbs/acre) in production years 2-5	 	1/1/08	 	 	12/31/11	 	 	CNF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 
	 
	 	 	 	1/1/08	 	 	12/31/11	 	 	NF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 
	Action Item
	 	Prepare biomass subsamples for nutrient concentration analysis (N, P, K, Ca, Mg) years 2-3	 	1/1/08	 	 	12/31/09	 	 	CNF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 
	 
	 	 	 	1/1/08	 	 	12/31/09	 	 	NF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 
	Action Item
	 	Data input, analysis, report preparation, presentation development, meetings	 	1/1/07	 	 	12/31/11	 	 	CNF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 
	 
	 	 	 	1/1/07	 	 	12/31/11	 	 	NF	 	 	 	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	[***]	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	X	 
	Deliverable
	 	Report on stand establishment and 1st year biomass yields	 	1/1/08	 	 	4/1/08	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Deliverable
	 	Report on 2nd year biomass yields and nutrient concentration analysis	 	1/1/09	 	 	4/1/09	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	X	 	 	 	X	 	 	 	X	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Deliverable
	 	Report on 3rd year stand persistence, biomass yields, and nutrient concentration analysis	 	1/1/10	 	 	4/1/10	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Deliverable
	 	Report on 4th year stand persistence and biomass yields	 	1/1/11	 	 	4/1/11	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Deliverable
	 	Report on 5th year stand persistence and biomass yields	 	1/1/12	 	 	4/1/12	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

Page 4

Confidential Treatment Requested and the Redacted Material has been separately filed with the
Commission

 

	

1

Quarterly Report Format

Prepared by

Date

Date
Date

 

	

2

Concept and Goals

Concept

Goals

 

	

3

FTEs and Budget Projected vs. Actual

People and activities
        Q Budget    Q Actual    Yr Budget    Yr Actual
    NF Labor
    CNF Labor
    travel
    supplies

        Q Budget    Q Actual    Yr Budget    Yr Actual
    NF Labor
    CNF Labor
    travel
    supplies

 

	

4

Action Items and Deliverables for the Period
   Action Item or Deliverable   Expected Finish   Actual Finish

 

	

5

Key Milestones or Deliverables for the Period

Progress on Key Milestones and Deliverables

Are we on, ahead or behind schedule

 

	

6

Technical Highlights

1 or 2 slides covering technical highlights

 

	

7

Results

Several slides summarizing results (if applicable)

 

	

8

Key Milestones and Deliverables Next 4 Quarters

Quarter 1

Quarter 2

Quarter 3

Quarter 4

 

	

9

Research Plan

Goal

Impact

Tasks

Milestones

Deliverables

Duplicate this slide as needed to cover each goal for the next
period

 

	

10

Timeline Summary
   Time to achieve Milestone   1   2   3   4   5   6   7   8   9   10   11   12
   Milestone 1
   Milestone 2
   Milestone 3
   Etc.

Assumptions and risk factors

Use additional slide if necessary

Use red if behind schedule until completed or otherwise resolved

Should be indicated in red as soon as the delay is identified

See issue resolution if behind schedule

 

	

11

IP

Filings during the period

Applications in progress

 

	

12

SOPs

List SOPS for all Key processes

 

	

13

Issue Resolution and Decision Making Slides

These can be used to address new issues or
implement corrective action or assist in decision
making such as variety release, etc.

 

	

14

Issue Resolution and Decision Making

Issue (e.g. milestone 3 behind schedule)

Actual

What is happening

Expected

What should be happening

 

	

15

Issue Resolution and Decision Making

Issue (e.g. milestone 3 behind schedule)

Possible alternative slide to address new issues

Needs

Wants

 

	

16

Decision

Summary of decision to be made

 

	

17

Options

Summary of options

 

	

18

Recommendations

What do we need to do to get back on track or address new issue

 

	

19

Resources Required

 

	

20

Plan and Schedule
   Action Items   Who   When

 

Pages where confidential treatment has been requested are stamped ‘Confidential Treatment
Requested and the Redacted Material has been separately filed with the Commission,’ and the
confidential section has been marked as follows: [***].

SCHEDULE 5

THIS SCHEDULE is made this 15th day of July 2009;

			
	BETWEEN	 	CERES, INC., a Delaware corporation, having its
principal place of business at 1535 Rancho
Conejo Blvd., Thousand Oaks, CA 91320 (“CERES”)
and

THE SAMUEL ROBERTS NOBLE FOUNDATION
INCORPORATED, an Oklahoma non-profit
corporation, having its principal place of
business at 2510 Sam Noble Parkway, Ardmore,
Oklahoma 73401 (“NOBLE”);

WHEREAS, CERES and NOBLE have entered into a Master Research Agreement (“MRA”), dated 19 May 2006,
which allows for the undertaking of RESEARCH PROJECTS pursuant to SCHEDULES, these terms being
defined in the MRA; and

THEREFORE, the parties have agreed to undertake the following RESEARCH PROJECT as defined herein on
the following terms and conditions:

GENERAL

	A.	 	Unless otherwise specified herein, the terms of the MRA shall apply to this SCHEDULE.
	 
	B.	 	In the event of any difference between the terms of this SCHEDULE and the MRA, then the terms
of this SCHEDULE shall prevail.

RESEARCH PROJECT TITLE: Breeding and [***] Approaches to Enhance Switchgrass [***] Development

	1.	 	BACKGROUND:
	 
	 	 	Switchgrass (Panicum virgatum L.) is a perennial grass with a high potential for biomass
production with estimated  [***] between [***] and [***]. It is a heteromorphic
cross-pollinated species with a high degree of self-incompatibility. Switchgrass is a
dedicated feedstock crop for bioenergy production in the USA. Development of improved
switchgrass [***] can substantially [***] the acceptability of these [***] to the growers.
[***] are of [***] in this regard.
	 
	 	 	We have successfully concluded the first three years of CERES — NOBLE collaboration
projects on breeding and [***] development. During this time substantial improvements have
been made on germplasm characterization, [***] development and evaluation, [***], [***]
development, [***], and [***]. The plant germplasm and [***] developed through this
collaboration make an excellent foundation for further improvement of this dedicated
cellulosic feedstock species. Thus, an extension of the current collaboration should be of
great value to all parties.
	 
	 	 	In last three year project period, significant progress has been toward lowland switchgrass
[***] development. A number of [***] and [***] were produced and

			
	 	 	 
	CERES-NOBLE Schedule Breeding-[***]
	 	Page 1 of 13

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

 

	 	 	evaluated in multiple environments. Based on [***] performance, a few [***] of superior
[***] and several superior [***] within [***] have been identified to produce new [***] for
evaluation as new varieties. These new [***] varieties will be evaluated in multilocation
[***] trials. Several [***] ([***]), that are currently being tested, have shown [***] for
[***] of [***]. To [***] the [***] for [***], [***] breeding is being implemented. This is
expected to expedite the [***] gain through [***]. In addition, further improvement in
pipeline varieties; [***], [***], [***], [***] and [***] is in place following the
conventional [***] evaluation procedure, and expected to further improve biomass [***]
potential.
	 
	 	 	Because of self incompatibility, polyploidy, heterozygosity and heterogeneity, [***]
will be important for determining the [***] behavior of switchgrass [***] and chromosomes.
Thousands of [***] have been developed. Comprehensive [***] were constructed with both [***]
and [***]. The Ceres proprietary [***] was planted in field trials and is being evaluating
for different morphological, biomass and quality [***]. At the end of 2009 we will be able
to identify [***] with [***] of interest. [***] with these [***] and [***] will facilitate
[***] approaches to efficiently exploit beneficial [***] combinations in breeding programs.
Besides, [***] from the [***] will expedite the [***] and progeny [***] in the breeding
[***].
	 
	2.	 	PROPOSAL OBJECTIVES:

	 	2.1	 	[***]Development
	 
	 	2.2	 	[***] Development
	 
	 	2.3	 	[***]

	3.	 	WORK TO BE UNDERTAKEN:
	 
	 	 	See RESEARCH AND DEVELOPMENT PLAN (Attachment A to this SCHEDULE).
	 
	4.	 	DETAILED WORKPLAN:
	 
	 	 	The PROJECT PLAN BREEDING-[***] (Attachment A to this SCHEDULE) contains:

	 	•	 	Research and evaluation activities to be performed by each party in
detail, including locations for such activities
	 
	 	•	 	Timelines of such activities
	 
	 	•	 	Goals, expected results and deliverables
	 
	 	•	 	Milestones and go/no-go decision points, if applicable
	 
	 	•	 	FTEs

	5.	 	LOCATION OF WORK:
	 
	 	 	NOBLE Work:
	 
	 	 	All NOBLE laboratory and greenhouse facilities and properties at its Ardmore and Burneyville
locations are available for this project.
	 
	 	 	CERES Work:

			
	CERES-NOBLE Schedule Breeding-[***]
	 	Page 2 of 13

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

 

	 	 	Thousand Oaks, CA

College Station, TX

Ceres Net Plots (location TBD)
	 
	6.	 	PHD LEVEL SCIENTIFIC STAFF:
	 
	 	 	Dr. Joe Bouton (NOBLE)

Dr. Malay Saha (NOBLE)

Dr. Hem Bhandari (50% NOBLE and 50% CNF)
	 
	 	 	Dr. Jeff Gwyn (CERES)

Dr. Charlie Rodgers CERES)

Dr. Xue Feng Ma (CERES)
	 
	7.	 	MAJOR CONSUMABLES/LIVESTOCK TO BE PURCHASED:
	 
	 	 	None
	 
	8.	 	REPORTS:
	 
	 	 	All reports shall be delivered to the MANAGEMENT COMMITTEE on or before the required
delivery dates for the same.
	 
	 	 	Each quarter regardless of whether there is a meeting of the MANAGEMENT COMMITTEE in that
quarter, NOBLE will deliver:

	 	•	 	A report of actual spending relative to budget in a spreadsheet to accompany
quarterly invoices (in a format determined by the MANAGEMENT COMMITTEE).
	 
	 	•	 	A report of FTE allocations and time spent on the project based on attached
planning document.

	 	 	At each meeting of the MANAGEMENT COMMITTEE (whether it be quarterly or trimesterly), NOBLE
will deliver:

	 	•	 	A report on INTELLECTUAL PROPERTY generated during the period.
	 
	 	•	 	Copies of slide presentations summarizing research progress (in a
format determined by the MANAGEMENT COMMITTEE).
	 
	 	•	 	A report on progress against objectives including: [***] and [***]
information collected on different [***] evaluated in this collaboration.

	 	 	Additional information, if not specifically included in the delivered information (above),
shall be delivered (or later provided, wherein the delivering party shall indicate the
delivery method and time) as supporting information at the related quarterly or trimesterly
meeting, if available:
	 
	 	 	NOBLE will deliver:

	 	•	 	Breeding records
	 
	 	•	 	Copies of field or greenhouse books and records

			
	 	 	 
	CERES-NOBLE Schedule Breeding-[***]
	 	Page 3 of 13

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

 

	 	•	 	Copies of raw field trial data
	 
	 	•	 	Raw [***] and plant data
	 
	 	•	 	[***], dry tissue, and [***] from different [***] as required

	 	 	CERES will deliver:

	 	•	 	[***] information
	 
	 	•	 	[***] locations as appropriate

	9.	 	COMMENCEMENT/TERMINATION:
	 
	 	 	Commencement: August 1, 2009
	 
	 	 	Termination: July 31, 2012
	 
	10.	 	REPORT PREPARATION:
	 
	 	 	Dr. Joe Bouton  (NOBLE)

Dr. Malay Saha (NOBLE)
	 
	 	 	Dr. Charlie Rodgers (CERES)

Dr. Xue Feng Ma (CERES)
	 
	11.	 	REPORT DATES:
	 
	 	 	Reports and information: Due at quarterly or trimesterly meetings of the MANAGEMENT
COMMITTEE.
	 
	12.	 	ASSETS:
	 
	 	 	Not applicable
	 
	13.	 	INSURANCE:
	 
	 	 	Not applicable
	 
	14.	 	CONTRIBUTION TO JOINT INTELLECTUAL PROPERTY:
	 
	 	 	Controlled by MRA
	 
	15.	 	SPECIAL CONDITIONS:

	 	15.1.	 	VARIETY RELEASE

     15.1.1 “RELEASE DATE” means the date that CERES determines that a variety
developed, tested and evaluated pursuant to the terms of this SCHEDULE is ready for
release, wherein upon such decision, such variety will be formally released by the
institutions of the variety’s breeder(s), whether NOBLE, CERES or CERES and NOBLE
jointly.

			
	 	 	 
	CERES-NOBLE Schedule Breeding-[***]
	 	Page 4 of 13

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

 

     15.1.2 For the purposes of this SCHEDULE, CERES, on advice of the breeder(s) of
each variety via the MANAGEMENT COMMITTEE, shall establish, in its sole discretion,
an appropriate RELEASE DATE for such varieties.

     15.1.3 At or about the RELEASE DATE for a variety, CERES will determine a
COMMERCIAL NAME for such variety under which the seed of the same will be marketed
and sold. “COMMERCIAL NAME” means the complete, preferred name of a released variety
under which it will be marketed and sold.

     15.1.4 All parties agree that the development of new varieties will not always
result in varieties that are commercially acceptable or releasable. Provided all
parties execute their respective obligations under this SCHEDULE in an appropriate
and reasonable manner, no one party shall be liable to the other for any refund or
other recompense because no commercially acceptable new variety is produced.

	16.	 	INTELLECTUAL PROPERTY RIGHTS:

	 	16.1	 	NOBLE Background Intellectual Property:

	 	•	 	[***], NF/GA002 (in-licensed from UGARF), [***], NF/GA992
(in-licensed from UGARF), and NF/GA993 (in-licensed from UGARF).

	 	16.2	 	CERES Background Intellectual Property:

	 	•	 	[***] from switchgrass and other species
	 
	 	•	 	[***] information
	 
	 	•	 	Patent applications covering any of the foregoing
	 
	 	•	 	[***]

	17.	 	SUBCONTRACTORS AND LOCATIONS:
	 
	 	 	Not applicable
	 
	18.	 	PROVISIONS FOR EARLY TERMINATION:
	 
	 	 	This SCHEDULE does not terminate automatically upon termination of the MRA.
	 
	 	 	This SCHEDULE shall expire pursuant to the terms set forth in this SCHEDULE, unless extended
by the mutual agreement of the parties, or unless sooner terminated in accordance with the
following provisions of this Paragraph:

     (a) mutual, written agreement of the parties;

     (b) failure of one party to satisfy its material obligations under this
Agreement, and such party subsequently fails to cure such failure(s) within (i)
thirty (30) days for failures to remit payment for amounts due under this

			
	 	 	 
	CERES-NOBLE Schedule Breeding-[***]
	 	Page 5 of 13

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

 

Agreement and (ii) ninety (90) days for all other obligations in each case
after receipt of written notice from the non-breaching party specifying such
failure(s);

     (c) one (1) year’s written notice of termination by either CERES or NOBLE to
the other party in case either the terminating party or the other party ceases
substantially all activities in the COLLABORATION CROPS;

     (d) NOBLE will have the right to terminate this Agreement unilaterally with
thirty (30) days’ written notice to CERES, (i) if CERES seeks protection under any
bankruptcy, insolvency, receivership, trust, deed, creditors arrangement or
comparable proceeding or if any such proceeding is instituted against CERES (and not
dismissed within one hundred twenty (120) days); (ii) in case of dissolution or
winding up of CERES (excluding any situation where all or substantially all of
CERES’ assets, stock or business to which this Agreement relates are acquired by a
third party (whether by sale, acquisition, merger, operation of law or otherwise));
(iii) CERES fails in a substantial manner to implement and continue the activities
set forth in EXHIBIT F (or other similar activities in furtherance of commercial
exploitation of the COLLABORATION CROPS), and does not remedy such failure or offer
a remediation plan which is reasonably acceptable to NOBLE within ninety (90) days
after receipt of a written notice from NOBLE specifying such failure; or (iv) with
one hundred twenty (120) days’ written notice to CERES, if the institutional
mission, purpose or structure of NOBLE would change substantially and adversely
affect NOBLE’S ability to satisfy its obligations hereunder; or

     (e) CERES will have the right to terminate this Agreement unilaterally: (i)
with thirty (30) days’ written notice to NOBLE if Dr. [***] ceases to be associated
with NOBLE and the research activities associated with this SCHEDULE, and NOBLE has
not replaced him within one hundred twenty (120) days by a person reasonably
acceptable to CERES; (ii) with ninety (90) days’ written notice to NOBLE, if the
institutional mission, purpose or structure of NOBLE would change substantially; or
(iii) with one (1) years’ written notice to NOBLE, if CERES has compelling business
reasons to cease the collaboration.

	19.	 	USE AND COMMERCIALIZATION RIGHTS:
	 
	 	 	Controlled by MRA
	 
	20.	 	CONFIDENTIALITY/PUBLICATION:
	 
	 	 	Controlled by MRA

			
	 	 	 
	CERES-NOBLE Schedule Breeding-[***]
	 	Page 6 of 13

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

 

21. FUNDING APPROVED:

Projected Budget (per year from CERES):

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Personnel	 	Year 1	 	Year 2	 	Year 3	 	Sub-totals
	 
	Existing
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	1. Res. Scientist-1 (50%) + Fringe Benefits
	 	$	[***]	 	 	$	[***]	 	 	$	[***]	 	 	$	[***]	 
	2. Res. Associate + Fringe Benefits
	 	$	[***]	 	 	$	[***]	 	 	$	[***]	 	 	$	[***]	 
	3. Res. Assistant -1 + Fringe Benefits
	 	$	[***]	 	 	$	[***]	 	 	$	[***]	 	 	$	[***]	 
	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Addition of New Goals
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	4. Res. Assistant -3 + Fringe Benefits
	 	$	[***]	 	 	$	[***]	 	 	$	[***]	 	 	$	[***]	 
	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Sub-total (Salary + Benefits)
	 	$	[***]	 	 	$	[***]	 	 	$	[***]	 	 	$	[***]	 
	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Travel
	 	$	[***]	 	 	$	[***]	 	 	$	[***]	 	 	$	[***]	 
	Supplies
	 	$	[***]	 	 	$	[***]	 	 	$	[***]	 	 	$	[***]	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	Total Direct Costs
	 	$	[***]	 	 	$	[***]	 	 	$	[***]	 	 	$	[***]	 
	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Indirect ( 50% of Direct)
	 	$	[***]	 	 	$	[***]	 	 	$	[***]	 	 	$	[***]	 
	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Total
	 	$	[***]	 	 	$	[***]	 	 	$	[***]	 	 	$	[***]	 
	 

Budget justification:

Salaries:

Personnel listed in items #1-3 (Existing) were funded in two earlier schedules (Schedules 2 and 3,
which expired by their respective terms) with #1 being [***], #2 being the technician in [***]
project, and #3 being the tech assisting with the field data collection. Additional personnel
support (item #4) is requested for one full-time Research Assistant for 3 years. The Research
Assistant (#4) will work in breeding and [***] projects to provide additional hands for the field
evaluations. Fringe benefits are calculated at [***]% to include FICA, health insurance and thrift.
Five percent fixed salary increases are requested for each successive year.

Travel:

Travel funds are requested to allow the main scientific personnel to attend one scientific
conference within North America each year.

Supplies:

$[***] per year is requested for general chemicals. This amount is also exactly the sum of the
supply budgets for the existing schedules and represents no increase in this budget line. Supplies
for field, greenhouse and growth chamber studies will also be procured from this fund.

			
	 	 	 
	CERES-NOBLE Schedule Breeding-[***]
	 	Page 7 of 13

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

 

Billing Schedule: Invoices will be sent by NOBLE to CERES for actual expenses from the previous
period on the 15th of the first month of each calendar quarter, not to exceed the
amounts specified above.

			
	 	 	 
	CERES-NOBLE Schedule Breeding-[***]
	 	Page 8 of 13

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

 

IN WITNESS THEREOF this SCHEDULE has been executed on the date hereinbefore entered.

CERES, INC.

	 	 	 	 	 	 	 
	

	 	/s/ Anna Rath
	 	9/18/09	 	 
	 	 	 
	By:

	 	Anna Rath
	 	Date	 	 
	 

	 	Vice President of Commercial Development	 	 	 	 
	 
	 	 	 	 	 	 
	 

	 	/s/ Richard Flavell
	 	Sept. 17, 2009
	 	 	 
	By:

	 	Richard Flavell, CBE, FRS
	 	Date	 	 
	 

	 	Chief Scientific Officer	 	 	 	 
	 
	 	 	 	 	 	 
	THE SAMUEL ROBERTS NOBLE FOUNDATION, INC.	 	 	 	 
	 
	 	 	 	 	 	 
	 

	 	/s/ Michael A. Cawley
	 	10.02.09	 	 
	 	 	 
	By:

	 	Michael A. Cawley
	 	Date	 	 
	 

	 	President	 	 	 	 

			
	 	 	 
	CERES-NOBLE Schedule Breeding-[***]
	 	Page 9 of 13

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

 

Attachment A

RESEARCH AND DEVELOPMENT PLAN & PROJECT PLAN BREEDING-[***]

CERES-NOBLE SCHEDULE 5 (BREEDING-[***]; 20[***]-20[***])

OBJECTIVE: Develop commercial switchgrass [***] for use in bioenergy and forage cropping systems via conventional breeding and [***].

Goal 1: [***] Development

	 	A.	 	Development and testing of new [***] based on [***] from the current nurseries
(Timeline: June 20[***]-May 20[***])

	 	a.	 	[***] of superior [***]
	 
	 	b.	 	[***] superior individuals from within the superior [***]
	 
	 	c.	 	[***] to produce [***] seed of two [***]: one based on [***] (from “[***]”) and one based
on within [***] (from “[***]”)
	 
	 	d.	 	Multi-location testing of these new [***]

	 	B.	 	Begin the Cycle [***] process based on [***] breeding with [***] as outlined in the
“Noble Foundation Switchgrass [***]” scheme shown in attached figure 1 (Timeline: June
20[***]-May 20[***]).

	 	a.	 	[***] the individuals within [***] from current nurseries ([***] from each [***] at each
location)
	 
	 	b.	 	[***] and use [***] to [***] among the progenies
	 
	 	c.	 	Plant [***] progenies for field evaluation

	 	C.	 	In collaboration with [***], several elite [***] are being advanced by testing at
multiple locations as shown in attached figure 2 (June 20[***]-May 20[***])

	 	a.	 	For [***], Noble will conduct years [***], [***], and [***] of the outline.
	 
	 	b.	 	For [***], Noble will conduct years [***], [***], and [***] of the outline
	 
	 	c.	 	For [***] and [***], Ceres will plant them in 20[***] and conduct years [***], [***]
and [***] of the outline.

Goal 2: [***]:

A. Development and testing of [***] based on [***] from the current nurseries (Timeline: June
20[***]-May 20[***])

	 	a.	 	[***] of superior [***]
	 
	 	b.	 	Set up a field [***] of [***] (from “[***]”) to produce [***] seed
	 
	 	c.	 	Multi-location testing of new [***]

			
	 	 	 
	CERES-NOBLE Schedule Breeding-[***]
	 	Page 10 of 13

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

 

B. Begin the Cycle [***] process based on [***] breeding with [***] as outlined in the “Noble
Foundation Switchgrass [***]” scheme shown in attached figure 1 (Timeline: June 20[***]-May
20[***]).

	 	a.	 	[***] the individuals within [***] from current nurseries
	 
	 	b.	 	Construct [***] for [***] breeding [***]
	 
	 	c.	 	[***] and develop [***] and [***]
	 
	 	d.	 	Use [***] to [***] among the [***] in [***]
	 
	 	e.	 	Produce [***] between [***] and [***]

Goal 3: [***]

	 	A.	 	Identify [***] with [***] of interest
	 
	 	 	 	[***] data collected on the Ceres proprietary [***] will be analyzed with the [***] data to
[***] and [***]. Significant [***] with positive and negative effect on the [***] will be
determined and important [***] will be identified for [***]. (Timeline: June 20[***] —
April 20[***]).
	 
	 	B.	 	Application of [***] in a confirmation [***]
	 
	 	 	 	[***] will be screened in a breeding [***]. A [***] of plants with and without [***] for the
[***] (expected [***]: [***], seed [***], [***] date, [***], plant [***]) will be
identified. [***] will be compared with the original [***]. (Timeline: Sept. 20[***] —
April 20[***]).
	 
	 	C.	 	Field evaluation of the confirmation [***]
	 
	 	 	 	[***] plants with and without [***] and randomly [***] plants from original [***] will be
evaluated in field experiments. [***] data will be collected on the [***] for which [***]
were made. (Timeline: April 20[***] — Feb. 20[***]).
	 
	 	D.	 	Assess [***] efficiency
	 
	 	 	 	Gain/loss from [***] will be evaluated. [***] with significant gain will be [***] for future
use in [***]. (Timeline: January 20[***] — May 20[***]).

Note: Division of Labor for [***] Analysis

	 	A.	 	Noble will [***] all plants and provide leaf samples for plants to be [***] to Ceres.
	 
	 	B.	 	In the first phase, Ceres will [***] all samples supplied by Noble using our existing
set of [***] (approximately [***]). Ceres will deliver [***] information for each [***]
and [***] locations where appropriate to Noble. We expect this phase to be complete by
January 20[***]. Currently, the minimum number of [***] needed to accomplish our
objectives is not known. Ceres will continue to develop new [***] and to identify new and
more economical [***] technologies. In the next phases of this project (i.e. for

			
	 	 	 
	CERES-NOBLE Schedule Breeding-[***]
	 	Page 11 of 13

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

 

	 	 	 	samples collected in the 20[***] growing season and beyond), we expect additional [***] to
be available and applied as warranted.
	 
	 	C.	 	Both Noble and Ceres will have access to all [***] and [***] information and will work
collaboratively to interpret the [***] and [***] breeding [***], [***] will proceed once a
validated set of [***] for the [***] samples has been received by Ceres.

Figure 1.

[***]

			
	 	 	 
	CERES-NOBLE Schedule Breeding-[***]
	 	Page 12 of 13

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

 

Figure 2. [***] Project

			
	 	 	 
	CERES-NOBLE Schedule Breeding-[***]
	 	Page 13 of 13

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

 

Pages where confidential treatment has been requested are stamped ‘Confidential Treatment
Requested and the Redacted Material has been separately filed with the Commission,’ and the
confidential section has been marked as follows: [***].

SCHEDULE 6

THIS SCHEDULE is made this 1st day of November 2009;

			
	BETWEEN	 	CERES, INC., a Delaware corporation,
having its principal place of business at
1535 Rancho Conejo Blvd., Thousand Oaks,
CA 91320 (“CERES”) and

THE SAMUEL ROBERTS NOBLE FOUNDATION
INCORPORATED, an Oklahoma non-profit
corporation, having its principal place
of business at 2510 Sam Noble Parkway,
Ardmore, Oklahoma 73401 (“NOBLE”);

WHEREAS, CERES and NOBLE have entered into a Master Research Agreement (“MRA”), dated 19 May 2006,
which allows for the undertaking of RESEARCH PROJECTS pursuant to SCHEDULES, these terms being
defined in the MRA; and

THEREFORE, the parties have agreed to undertake the following RESEARCH PROJECT as defined herein on
the following terms and conditions:

GENERAL

	A.	 	Unless otherwise specified herein, the terms of the MRA shall apply to this SCHEDULE.
	 
	B.	 	In the event of any difference between the terms of this SCHEDULE and the MRA, then the terms
of this SCHEDULE shall prevail.

RESEARCH PROJECT TITLE: Best Management Practices for Switchgrass Stand Establishment in a Biomass
Cropping System

	1.	 	BACKGROUND:
	 
	 	 	Switchgrass (Panicum virgatum L.) is a target species for use as a biomass crop in bioenergy
production. The primary management problem in a switchgrass cropping system is achieving
good germination and controlling weeds as the [***] become established in the first growing
season. In Schedule 1 of the MRA, studies were undertaken to determine [***] and placement
and to identify pre-plant and post-emergent herbicides that would be effective in
controlling common weeds without excessive damage on switchgrass. In addition, an
intercropping study was undertaken to determine whether nitrogen-fixing legumes could be
co-cultivated with switchgrass to reduce input requirements in an established stand. In
Schedule 6 of the MRA, we extend these studies taking what was learned and trialing more
focused methods across a broader range of environments.
	 
	2.	 	PROPOSAL OBJECTIVES:

	 	2.1	 	To identify legume species that can be intercropped with switchgrass to improve
sustainability of switchgrass biofuel production
	 
	 	2.2	 	To determine best management practices for establishing switchgrass into
perennial grass (CRP-like) pastures

CERES-NOBLE Schedule BMP for switchgrass

Page 1 of 10

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

	 	2.3	 	To determine [***] of [***] per [***] needed to [***] and document
justification for replanting poor stands, using the BMP guidelines (learned in Schedule
1) to control weeds (FirstRate PRE fb Atrazine+Paramount+Prowl 2-leaf)
	 
	 	2.4	 	To validate herbicide recommendations developed in Schedule 1 across multiple
environments

	3.	 	WORK TO BE UNDERTAKEN:
	 
	 	 	See RESEARCH AND DEVELOPMENT PLAN (Attachment A to this SCHEDULE).
	 
	4.	 	DETAILED WORKPLAN:
	 
	 	 	The RESEARCH AND DEVELOPMENT PLAN contains:

	 	•	 	Research and evaluation activities to be performed by each party in
detail, including locations for such activities
	 
	 	•	 	Timelines of such activities
	 
	 	•	 	Goals, expected results and deliverables
	 
	 	•	 	Milestones and go/no-go decision points, if applicable
	 
	 	•	 	FTEs

	5.	 	LOCATION OF WORK:
	 
	 	 	NOBLE Work:
	 
	 	 	All NOBLE laboratory and greenhouse facilities and properties at its Ardmore, Dupy and Red
River locations are available for this project.
	 
	 	 	CERES Work:
	 
	 	 	The RESEARCH AND DEVELOPMENT PLAN does not call for any of the research activities to be
carried out in Ceres facilities.
	 
	6.	 	PHD LEVEL AND SENIOR SCIENTIFIC STAFF:
	 
	 	 	Dr. Twain Butler (NOBLE)

Dr. Joe Bouton (NOBLE)

Post Doc TBD (CNF, wherein “CNF” indicates a CERES-funded, NOBLE employee)
	 
	 	 	Dr. Jeff Gwyn (CERES)

Dr. Cory Christensen (CERES)

Bud Wylie (CERES)
	 
	7.	 	MAJOR CONSUMABLES/LIVESTOCK TO BE PURCHASED:
	 
	 	 	None
	 
	8.	 	REPORTS:
	 
	 	 	All reports shall be delivered to the MANAGEMENT COMMITTEE on or before the required
delivery dates for the same.

CERES-NOBLE Schedule BMP for switchgrass

Page 2 of 10

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

	 	 	

	 
	 	 	Each quarter regardless of whether there is a meeting of the MANAGEMENT COMMITTEE in that
quarter, NOBLE will deliver:

	 	•	 	A report of actual spending relative to budget in a spreadsheet to accompany
quarterly invoices (in a format determined by the MANAGEMENT COMMITTEE).
	 
	 	•	 	A report of FTE allocations and time spent on the project based on attached
planning document.

	 	 	At each meeting of the MANAGEMENT COMMITTEE (whether it be quarterly or trimesterly), NOBLE
will deliver:

	 	•	 	A report on INTELLECTUAL PROPERTY generated during the period.
	 
	 	•	 	Copies of slide presentations summarizing research progress (in a
format determined by the MANAGEMENT COMMITTEE).
	 
	 	•	 	A report on progress against objectives..

	 	 	Additional information, if not specifically included in the delivered information (above),
shall be delivered (or later provided, wherein the delivering party shall indicate the
delivery method and time) as supporting information at the related quarterly or trimesterly
meeting, if available:
	 
	 	 	NOBLE will deliver:

	 	•	 	Copies of raw field trial data upon request by Ceres.

	9.	 	COMMENCEMENT/TERMINATION:
	 
	 	 	Commencement: November 1, 2009
	 
	 	 	Termination: October 31, 2012
	 
	10.	 	REPORT PREPARATION:
	 
	 	 	Dr. Twain Butler (NOBLE)
	 
	 	 	Bud Wylie (CERES)
	 
	11.	 	REPORT DATES:
	 
	 	 	Reports and information: Due at quarterly or trimesterly meetings of the MANAGEMENT
COMMITTEE.
	 
	12.	 	ASSETS:
	 
	 	 	Not applicable
	 
	13.	 	INSURANCE:
	 
	 	 	Not applicable
	 
	14.	 	CONTRIBUTION TO JOINT INTELLECTUAL PROPERTY:
	 
	 	 	Controlled by MRA

CERES-NOBLE Schedule BMP for switchgrass

Page 3 of 10

 

	15.	 	SPECIAL CONDITIONS:
	 
	 	 	None
	 
	16.	 	INTELLECTUAL PROPERTY RIGHTS:

	 	16.1	 	NOBLE Background Intellectual Property:

	 	•	 	[***], NF/GA002 (in-licensed from UGARF), [***], NF/GA992 (in-licensed from
UGARF), and NF/GA993 (in-licensed from UGARF).
	 
	 	•	 	Management practices and protocols for forage cropping systems.

	 	16.2	 	CERES Background Intellectual Property:

	 	•	 	None

	17.	 	SUBCONTRACTORS AND LOCATIONS:
	 
	 	 	Not applicable
	 
	18.	 	PROVISIONS FOR EARLY TERMINATION:
	 
	 	 	This SCHEDULE does not terminate automatically upon termination of the MRA.
	 
	 	 	This SCHEDULE shall expire pursuant to the terms set forth in this SCHEDULE, unless extended
by the mutual agreement of the parties, or unless sooner terminated in accordance with the
following provisions of this Paragraph:
	 
		 	     (a) mutual, written agreement of the parties;
	 
	 	 	     (b) failure of one party to satisfy its material obligations under this Agreement, and
such party subsequently fails to cure such failure(s) within (i) thirty (30) days for
failures to remit payment for amounts due under this Agreement and (ii) ninety (90) days for
all other obligations in each case after receipt of written notice from the non-breaching
party specifying such failure(s);
	 
	 	 	     (c) one (1) year’s written notice of termination by either CERES or NOBLE to the other
party in case either the terminating party or the other party ceases substantially all
activities in the COLLABORATION CROPS;
	 
	 	 	     (d) NOBLE will have the right to terminate this Agreement unilaterally with thirty (30)
days’ written notice to CERES, (i) if CERES seeks protection under any bankruptcy,
insolvency, receivership, trust, deed, creditors arrangement or comparable proceeding or if
any such proceeding is instituted against CERES (and not dismissed within one hundred twenty
(120) days); (ii) in case of dissolution or winding up of CERES (excluding any situation
where all or substantially all of CERES’ assets, stock or business to which this Agreement
relates are acquired by a third party (whether by sale, acquisition, merger, operation of
law or otherwise)); (iii) CERES fails in a substantial manner to implement and continue the
activities set forth in EXHIBIT F (or other similar activities in furtherance of commercial
exploitation of the COLLABORATION CROPS),

CERES-NOBLE Schedule BMP for switchgrass

Page 4 of 10

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

	 	 	and does not remedy such failure or offer a
remediation plan which is reasonably acceptable to NOBLE within ninety (90) days after
receipt of a written notice from NOBLE specifying such failure; or (iv) with one hundred
twenty (120) days’ written notice to CERES, if the institutional mission, purpose or
structure of NOBLE would change substantially and adversely affect NOBLE’S ability to
satisfy its obligations hereunder; or
	 
		 	     (e) CERES will have the right to terminate this Agreement unilaterally: (i) with thirty
(30) days’ written notice to NOBLE if Dr. [***] ceases to be associated with NOBLE and the
research activities associated with this SCHEDULE, and NOBLE has not replaced him within one
hundred twenty (120) days by a person reasonably acceptable to CERES; (ii) with ninety (90)
days’ written notice to NOBLE, if the institutional mission, purpose or structure of NOBLE
would change substantially; or (iii) with one (1) years’ written notice to NOBLE, if CERES
has compelling business reasons to cease the collaboration.

	19.	 	USE AND COMMERCIALIZATION RIGHTS:
	 
	 	 	Controlled by MRA
	 
	20.	 	CONFIDENTIALITY/PUBLICATION:
	 
	 	 	Controlled by MRA
	 
	21.	 	FUNDING APPROVED:
	 
	 	 	Projected Budget (per year from CERES):

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Year 1	 	 	Year 2	 	 	Year 3	 	 	 	 
	 	 	Salaries	 	 	Salaries	 	 	Salaries	 	 	 	 
	 	 	incl.	 	 	incl.	 	 	incl.	 	 	 	 
	Personnel	 	fringe	 	 	fringe	 	 	fringe	 	 	Subtotals	 
	 
	Post doc + Fringe Benefits
	 	$	[***]	 	 	$	[***]	 	 	$	[***]	 	 	$	[***]	 
	Travel/meals
	 	$	[***]	 	 	$	[***]	 	 	$	[***]	 	 	$	[***]	 
	Supplies (herbicide/[***])
	 	$	[***]	 	 	$	[***]	 	 	 	 	 	 	$	[***]	 
	Total Direct Costs
	 	$	[***]	 	 	$	[***]	 	 	$	[***]	 	 	$	[***]	 
	Indirect (50% of Direct)
	 	$	[***]	 	 	$	[***]	 	 	$	[***]	 	 	$	[***]	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	TOTAL
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Total
	 	$	[***]	 	 	$	[***]	 	 	$	[***]	 	 	$	[***]	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

Budget justification:

Salaries:

[To be added]. Fringe benefits are calculated at [***]% to include FICA, health insurance and
thrift. Five percent fixed salary increases are requested for each successive year.

CERES-NOBLE Schedule BMP for switchgrass

Page 5 of 10

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

Travel:

Travel funds are requested to allow the main scientific personnel to attend one scientific
conference within North America each year.

Supplies:

[To be added]. per year is requested for [to be added].

Core Facilities:

[To be added].

Billing Schedule: Invoices will be sent by NOBLE to CERES for actual expenses from the previous
period on the 15th of the first month of each calendar quarter, not to exceed the
amounts specified above.

IN WITNESS THEREOF this SCHEDULE has been executed on the date hereinbefore entered.

CERES, INC.

	 	 	 	 	 

	 

	 	/s/ Anna Rath
	 	11/19/09
	 
	By:

	 	Anna Rath
	 	Date
	 

	 	Vice President of Commercial Development	 	 
	 
	 	 	 	 
	 

	 	/s/ Michael Stephenson
	 	11/20/09
	 
	By:

	 	Michael Stephenson
	 	Date
	 

	 	Vice President of Operations	 	 
	 
	 	 	 	 
	THE SAMUEL ROBERTS NOBLE FOUNDATION, INC.
	 
	 	 	 	 
	 

	 	/s/ Michael A. Cawley
	 	12/10/09
	 
	By:

	 	Michael A. Cawley
	 	Date
	 

	 	President	 	 

 CERES-NOBLE Schedule BMP for switchgrass

Page 6 of 10

 

ATTACHMENT A

RESEARCH AND DEVELOPMENT PLAN

	Objective 1: To identify legume species that can be intercropped with switchgrass to improve
sustainability of switchgrass biofuel production ([***])

Justification: In order for a switchgrass biofuel system to be sustainable, it must be
economical, high [***], and have low inputs. One of the biggest components to maximizing
[***] is [***]. Incorporating legumes that fix [***] into switchgrass systems can greatly
[***] and potentially improve economics.

Expected outcome: Identify appropriate legumes across multiple environments that are
compatible with switchgrass for biofuel production.

Experimental design: RCBD, [***] replications:

	 	1.	 	Locations: [***]; TBD.
	 
	 	2.	 	Treatments: crimson clover, arrowleaf clover, hairy vetch, annual medic, and
sweetclover (added for alkaline soils) in lowland switchgrass compared to [***], [***],
[***], [***] lb N/A.
	 
	 	3.	 	Timeline:

	 	a.	 	Year 1: 20[***] [***]: Monitor [***] from legumes planted in
20[***] and 20[***] plantings at [***].
	 
	 	b.	 	20[***] ([***]) establish new trial of winter legumes into
fully established SG stands at [***] new locations.
	 
	 	c.	 	Year 2: 20[***] ([***]) Harvest 20[***] planting; re-establish
same winter legumes as well as monitor [***] from previous planting: Harvest
legumes in [***] to estimate [***].
	 
	 	d.	 	Year 3: 20[***] ([***]) Harvest SG to estimate contribution
from legumes.

Objective 2: To determine best management practices for establishing switchgrass into perennial
grass (CRP-like) pastures

Justification: Establishment into non-cropland has proven to be most difficult possibly due
to weed competition and potentially diseases where excessive residue occurs.

Expected Outcome: Document BMP for establishing switchgrass into permanent native grass
pasture (OK).

Experimental Design: split-plot RCBD:

Experiment I: ([***] preparation: no-tilled native range — OK): GA to duplicate in [***]:

	 	1.	 	Location: [***]
	 
	 	2.	 	Treatments ([***]): 3 timing application of [***] in: i) [***]-[***],
[***], and [***] prior to planting ([***] + [***] + [***]); ii) [***] and [***],
[***] prior to planting ([***] + [***]); iii) [***] and [***], [***] prior to
planting (w/ [***] application occurring [***] weeks after [***] application)
([***]+[***]); iv) tillage (roto-tiller).
	 
	 	3.	 	Plots size [***] x [***]

CERES-NOBLE Schedule BMP for switchgrass

Page 7 of 10

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

	 	4.	 	Timeline:

	 	a.	 	Year 1: [***] 20[***] apply [***].
	 
	 	b.	 	Year 2: 20[***] [***] and plant SG: [***] 20[***]
[***].
	 
	 	c.	 	Year 3: 20[***] [***] and [***] plant [***] year of
trial.

	 	 	Experiment II: [***] X sod destruction in no-tilled [***].

	 	1.	 	Location(s): [***]
	 
	 	2.	 	Treatments: Main plot: [***] ([***] or [***]). Subplot: sod destruction
(Mow, burn, tillage)
	 
	 	3.	 	Plot Size:[***] x [***]
	 
	 	4.	 	Timeline:

	 	a.	 	Year 1: 20[***] [***] plant [***] x sod destruction
trial
	 
	 	b.	 	Year 2: 20[***] [***] plant [***] x sod destruction
trial
	 
	 	c.	 	Year 3: 20[***] TBD, trials if needed.

	 	 	Experiment III: [***] X [***] — no-tilled into mowed [***] ([***] and mowed):

	 	1.	 	Location(s): [***]; [***]
	 
	 	2.	 	Treatments: Main plot +/- [***]([***]/[***]/[***]/or [***], TBD):
Subplot: [***] applied at [***] stage (none, [***] and/or [***], TBD).
	 
	 	3.	 	Plots size: [***] x [***]; subplot [***] x [***]
	 
	 	4.	 	Timeline:

	 	a.	 	Year 1: 20[***] [***] plant [***] x [***] trial.
	 
	 	b.	 	Year 2: 20[***] [***] plant [***] x [***] trial.
	 
	 	c.	 	Year 3: 20[***] TBD, trials if needed.

Objective 3: To determine [***] of [***] per [***] needed to [***] and document justification
for [***] stands, using the BMP guidelines (learned in Schedule 1) to control weeds (FirstRate PRE
fb Atrazine+Paramount+Prowl 2-leaf).

Justification: Better [***] are needed to determine if [***] stands (very [***]) will result
in [***].

Expected Outcome: Determine [***] at which switchgrass can be [***] while maintaining [***].

Experimental Design: [***], [***] replications:

	 	1.	 	Location(s): [***] soil; [***] sand
	 
	 	2.	 	Treatments: Evaluate [***] of approximately [***] ([***]/[***]), [***]
([***]/[***]), [***] ([***]/[***]), [***] ([***]/[***]), [***] ([***]/[***]) on
[***]-[***], which is similar to [***] of [***], [***], [***], [***], and [***];
Assuming [***]% [***] of [***] and [***] per [***] of switchgrass [***].
	 
	 	3.	 	Timeline:

	 	a.	 	Year 1: 20[***] ([***]) plant SG and evaluate plant [***];
Harvest in [***].

CERES-NOBLE Schedule BMP for switchgrass

Page 8 of 10

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

	 	b.	 	Year 2: 20[***] ([***]) plant SG and evaluate plant [***];
Harvest in [***].
	 
	 	c.	 	Year 3: 20[***] ([***]) Harvest SG [***] from previous years
plantings.

Objective 4: To validate herbicide recommendations developed in Schedule 1 across multiple
environments

Justification: Weed control is still the [***] factor for successful establishment and
herbicide efficacy depends on soil [***], soil [***], and rainfall.

Expected Outcome: Document which herbicide should be used on a given soil type, environment,
and weed spectrum present.

Experimental Design: Lowland switchgrass, RCBD, [***] plot design; [***] replications;

	 	1.	 	Locations: [***]-sand; [***]-clay; [***]-loam; [***]-sand
	 
	 	2.	 	Herbicide Treatments (BMP atrazine applied [***]-leaf and [***], [***] amine
applied at [***]-leaf to control [***] broadleaf weeds).
	 
	 	3.	 	Target Weeds (to be [***]-planted with SG): crabgrass, broadleaf signalgrass,
and Johnsongrass
	 
	 	4.	 	Main Plot: FirstRate applied pre-emergence ([***] oz sandy soils or [***] oz
loam soils) or No pre-emergent herbicide

	 	a.	 	Subplots (No PRE herbicide):

	 	i.	 	[***]-leaf stage ([***] DAE): [***] oz
Paramount + MSO, [***] oz Option, [***] pt Prowl; [***] oz
Paramount+[***] oz Option; [***] oz Paramount+[***] oz Option+[***]
pt Prowl
	 
	 	ii.	 	[***]-leaf stage ([***] DAE): [***] oz
Paramount, [***] oz Option, [***] oz Paramount + [***] oz Option +
[***] pt Prowl [***] oz Accent; [***] oz Accent + [***] oz Paramount
+ [***] pt Prowl
	 
	 	iii.	 	[***]-leaf stage ([***] DAE): [***] oz
Accent; [***] Accent + [***] oz Paramount + [***] pt Prowl; [***] pt
MSMA; [***]. No herbicide

	 	b.	 	Subplots (FirstRate PRE):

	 	i.	 	[***]-leaf stage ([***] DAE): [***] oz
Paramount + MSO, [***] oz Option, [***] pt Prowl; [***] oz
Paramount+[***] oz Option; [***] oz Paramount+[***] oz Option+[***]
pt Prowl
	 
	 	ii.	 	[***]-leaf stage ([***]DAE): [***] oz
Paramount, [***] oz Option, [***] oz Paramount + [***] oz Option +
[***] pt Prowl [***] oz Accent; [***] [***] oz Accent + [***] oz
Paramount + [***] pt Prowl
	 
	 	iii.	 	[***]-leaf stage ([***] DAE): [***] oz
Accent; [***] Accent + [***] oz Paramount + [***] pt Prowl; [***] pt
MSMA; [***]. No herbicide

	 	5.	 	Plot size: [***] x [***]; spay [***] to planting ([***]’ [***]-SG, [***]’
[***]-SG, [***]’[***]-SG, [***]’SG-only).
	 
	 	6.	 	Timeline:

	 	a.	 	Year 1: 20[***] ([***]) plant SG and evaluate herbicides.

CERES-NOBLE Schedule BMP for switchgrass

Page 9 of 10

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

 

	 	b.	 	Year 2: 20[***] ([***]) plant SG and evaluate herbicides.
	 
	 	c.	 	Year 3: 20[***] TBD if needed.

CERES-NOBLE Schedule BMP for switchgrass

Page 10 of 10

Confidential Treatment Requested and the Redacted Material has been separately filed with the Commission

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00194-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00194-of-00352.parquet"}]]