Document:

Compensation Payment Agreement

 Exhibit 10.7 
 Compensation Payment Agreement 
 This Compensation Payment Agreement
(“Agreement”) is made on August 2, 2007 by and between China Education, Inc (“China Education”) and Beijing Frank Education Investment and Management Co., Ltd (“Beijing Frank”). 
 It is agreed as follows: 
  

	1.	Until China Education has enough working capitals or raises enough money from the proceeds after the initial public offering to pay the compensation of our directors
and executive officers, Beijing Frank shall pay the compensation of the directors and officers of China Education on behalf of China Education. 

  

	2.	The executed version of this Agreement will be held by each Party. 

 Beijing Frank Education Investment and Management Co., Ltd (Chop) 
 China Education, Inc
(Chop)Amendment to Separation Agreement

 EXHIBIT 10.13D 
 AMENDMENT TO 
 SEPARATION AGREEMENT

 This AMENDMENT TO SEPARATION AGREEMENT (this “Amendment”), is made and entered into
effective as of September 25, 2009 (the “Effective Date”), by and between Codexis, Inc., a Delaware corporation (the “Company”), and Robert S. Breuil (“Executive”). 
 WHEREAS, the Company and the Executive desire to amend that certain Separation Agreement between the Company and Executive dated as
of June 30, 2009 (the “Agreement”) to correctly reference the number of vested options held by Executive as of September 25. 
 NOW, THEREFORE, in consideration of the premises and the mutual covenants and conditions herein, the Company and the Executive hereby agree as follows, effective as of the Effective Date.

 1. Amendment. The Agreement is hereby amended as follows: 
 1.1 Vested Options. The reference to “441,527” in Section 3(c) of the Agreement is deleted and replaced with
“442,824.” 
 1.2 Option Detail. The references to “37,609” and “61,302.67” in the third
row of the table set forth on Exhibit A of the Agreement are deleted and replaced with “38,906” and “63,416.78,” respectively. 
 1.3 Option Totals. The references to “441,527” and “$754,251.66” in the seventh row of the table set forth on Exhibit A of the Agreement are deleted and replaced with
“442,824” and “$756,365.77,” respectively. 
 2. Counterparts. This Amendment may be executed in
one or more facsimile, electronic or original counterparts, each of which shall be deemed an original and both of which together shall constitute one and the same instrument. 
 3. Ratification. All terms and provisions of the Agreement not amended hereby, either expressly or by necessary implication, shall
remain in full force and effect. From and after the date of this Amendment, all references to the term “Agreement” in the Agreement shall include the terms contained in this Amendment. 
 4. Conflicting Provisions. In the event of any conflict between the original terms of the Agreement and this Amendment, the terms of
this Amendment shall prevail. 
 IN WITNESS WHEREOF, this Amendment to Separation Agreement has been duly executed by or
on behalf of the parties hereto as of the date first above written.
  

					
	EXECUTIVE	 	CODEXIS, INC.
			
	/s/ Robert S. Breuil	 	By:	 	 /s/ Alan Shaw

	Robert S. Breuil	 		 	Alan Shaw, President & CEOOffer Letter Agreement

 Exhibit 10.20 
 

 
 October 14, 2009 
 Robert J. Lawson 
 [address] 
 Dear Bob: 
 On behalf of Codexis, I am pleased to extend to you this offer of employment as Senior
Vice President and Chief Financial Officer reporting to Alan Shaw. Your position is a full-time position. 
 Your employment is subject to proof
of your legal right to work in the United States, and to your completing the United States Citizenship and Immigration Service Employment Eligibility Verification Form I-9. Your employment is also subject to successful verification of your
professional and character references, as well as the execution of your Employee Confidential Information and Inventions Assignment Agreement (Attachment A). 
 Compensation 
 If you accept this offer and begin employment with Codexis, you will receive
an initial salary of $330,000.00 per year, payable semi-monthly. 
 You will also be eligible to participate in the Codexis Executive Incentive
Compensation Plan. Your incentive plan target will be 40% of your base salary. If Codexis meets all of its corporate goals for 2010, and you also perform well against your individual and group goals, to be established with your supervisor, you can
expect to receive an incentive plan payment at or near this target after our Board’s approval of our 2010 year-end financial statements. Naturally, based on the Company’s performance and your individual and group’s goal performance,
your actual bonus may be more or less than this target. No bonus will be paid unless you are an employee of the Company on the date the bonus is paid. Please note that this Plan does not constitute a contract of employment or alter the “at
will” status of your employment. 
 In addition, you will receive a sign-on bonus of $50,000.00, if you commence employment with Codexis on
or before November 2, 2009. This amount will be paid in your first pay check. If you choose to resign employment within a year, you will be required to repay this sign-on bonus, as follows: 
  

	 	a)	within three months of your date of hire: 100% 

  

	 	b)	between three and twelve months: prorated monthly. 

 Stock Options 
 Subject to approval by the Codexis Board of Directors, you will be granted an option to purchase 400,000 shares
of stock at an exercise price equal to the fair market value of the shares on the date the option is granted. The shares subject to the Option will vest one fourth or 25% on the 
 

 

 

 

 first anniversary of your employment start date and thereafter will vest as to 1/48 of the shares subject to the Option per
month for the following 36 months until the option is 100% vested. Your stock options will be subject to the terms of the Codexis Inc. 2002 Stock Plan and will be conditioned on your acceptance of an appropriate stock option agreement. 

Change of Control Provisions 
 As an
officer of Codexis, you will be eligible for certain change of control benefits. Attachment B defines “Change of Control” and your “Severance Benefits in the Event of a Change of Control.” Upon your employment with the Company,
you will be asked to execute this Agreement. 
 Employee Benefits 
 As a full time employee, you will be eligible for the Codexis employee benefit plans, including medical, dental, vision, long and short-term disability plans, life insurance, a 401(k) savings plan, and
our flexible time off plan that allows full time employees to accrue 20 days of flexible time off each year of employment. 
 Other Terms and
Conditions of Employment 
 All employment with Codexis is at will. “Employment at will” means that you are free to resign from
your employment at any time, for any reason or no reason at all, with or without cause and with or without notice. Similarly, Codexis may terminate your employment at any time for any legal reason, with or without cause and with or without notice.
By accepting this offer of employment, you agree that your employment is at will, and acknowledge that no one, other than the President of Codexis or the Chairman of the Board of Directors of Codexis, has the authority to promise you, either orally
or in writing, anything to the contrary. Any such agreement must be in writing and signed by both you and such individual to be effective. 
 Employment with any other entity or for yourself in competition with Codexis, or subsidiary of Codexis is not permitted. If you want to take an outside job, you should discuss the outside opportunity with your manager and the Human
Resources Department in advance so that we can determine if any actual or potential conflict of interest exists. 
 During the course of your
employment, you may create, develop or have access to confidential information belonging to Codexis, including trade secrets and proprietary information, such as technical and scientific research and/or protocols, customer and supplier information,
business plans, marketing plans, unpublished financial information, designs, drawings, innovations, inventions, discoveries, specifications, software, source codes, and personnel information. You agree that as a condition of your employment with
Codexis, you will sign and comply with the Codexis Confidential Information, Secrecy and Invention Agreement. 

 

 

 

 

 Arbitration of Disputes 
 You agree that, except as described below, any dispute relating to your employment or the termination of your employment with Codexis shall be finally settled by binding arbitration in San Mateo County,
California conducted by Judicial Arbitration and Mediation Services, Inc. (“JAMS”) under the applicable JAMS employment rules. Claims subject to arbitration shall include, but shall not be limited to, claims under Title VII of the Civil
Rights Act of 1964 (as amended) and other civil rights statutes of the United States, the Age Discrimination in Employment Act, the Americans with Disabilities Act, the Family and Medical Leave Act, the Employee Retirement Income Security Act of
1974, the California Fair Employment and Housing Act, the California Labor Code, and any other federal, state or local statute or regulation, and the common law of contract and tort. However, this agreement to arbitrate shall not apply to claims
(a) for workers’ compensation, (b) for unemployment compensation or (c) injunctive relief arising out of or related to misappropriation of trade secrets or misuse or improper disclosure of confidential information, unfair
competition or breach of any non-competition or non-solicitation agreement between you and Codexis. 
 You understand that by this agreement,
you and Codexis are waiving your respective rights to trial by jury, and that judgment upon any arbitration award may be entered in any court having jurisdiction of the matter. Any controversy or claim subject to arbitration shall be waived and
forever barred if arbitration is not initiated within one year after the date the controversy or claim first arose, or if statutory rights are involved, within the time limit established by the applicable statute of limitations. 
 With regard to statutory claims, you and Codexis will have the same remedies available in arbitration as those available had the claim been filed in a court
of law, including, where authorized by statute, compensatory and punitive damages, injunctive relief and attorneys’ fees. Although Codexis will pay all costs of JAMS and the arbitrator, you agree to pay all costs you would otherwise be required
to pay were your claims litigated in a court of law, such as costs of your attorney, deposition transcripts and expert witness fees and expenses. 
 The terms described in this letter replace all prior agreements, understandings, and promises between Codexis and you concerning the terms and conditions of your employment with Codexis, including the offer letter dated October 6,
2009. 

 

 

 

 

 Bob, we hope that your association with Codexis will be mutually successful and rewarding, and we look forward to welcoming
you aboard. Please indicate your acceptance of this offer by signing this letter below and returning the letter to me. A copy of the letter is enclosed for your records. 
  

			
	 Sincerely,

	
	 Codexis, Inc.

		
	By:	 	/s/    Alan Shaw
		 	 Alan Shaw
 President & CEO

 I understand and agree to the foregoing terms and conditions of employment with
Codexis. 
  

	
	
	 /s/    Robert Lawson 

	Robert Lawson

  

					
			
	10/16/09	 	 	  	11/2/09
	Date	 	/	  	Start Date

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