Document:

Amyris 2012 10-K Ex 10.38 Amended Lease Agreement (April 28, 2011) (2)

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

ADDENDUM TO LEASE AGREEMENT
which between them form
PARAÍSO BIOENERGY SA liability company by shares, headquartered in Highway Brotas / Torrinha, km 7.5, PARAÍSO Farm, in the city of Brotas State of São Paulo, enrolled with the CNPJ / MF under n. o 46.363.016/0001- 60, herein represented in the form of its Constitutive Instruments, hereinafter simply called "PARAÍSO", "Party", or "Lessor", and
Amyris BRAZIL SA, a corporation, headquartered in Campinas, São Paulo, Rua James Clerk Maxwell, 315, Techno Park, duly enrolled with the CNPJ / MF under n. o 09.379.224.0001/20, herein represented pursuant to its Bylaws, hereinafter referred to as "Amyris," "Party," or "Lessee"
WHEREAS:
(A) The Parties signed on 18 March 2011 Lease Agreement ("Agreement") whereby it was agreed that the Lessee to Lessor cede a property located in the municipality of Sprouts, State of São Paulo, as described in in Annex I to that Agreement;
(B) The Agreement was signed in order to allow Lessor to build houses in the Biorefinery Amyris, all under the Supply Agreement Broth Cane Sugar and Other Utilities ("Supply Agreement"), entered into between Lessor and Lessee;
(C) The Parties agree that Amyris will enjoy a grace period of rent, which is due only from the start of operation of Biorefinery Amyris, notwithstanding the Contract is valid and in existence since his signature;
resolve the parties enter into this Addendum to Lease Agreement ("Amendment"), in accordance with the following terms and conditions:
SECTION ONE - DEFINITIONS
1.1 Unless expressly provided otherwise, the terms defined in this Amendment shall have the meanings assigned to them in the Agreement.
SECOND CLAUSE - WAITING PERIOD AND SECOND AMENDMENT OF CLAUSE OF THE CONTRACT
2.1 The Parties have resolved over the vesting period of the rent agreed upon, adding a sub-clause 2.2 below, renumbering the others:

"2.2 It is hereby agreed upon between the Parties agreed that the monthly rent hereunder shall only be payable by Lessor to Lessee from the moment the Biorefinery Amyris operates, without prejudice to the full validity and enforceability of this Agreement, from date of signature. "
2.2    In view of the above amendment agreed upon, the Second Clause of the Contract shall have the following wording:
"SECOND CLAUSE - PAYMENT
2.1 For the lease set forth herein, Amyris will pay the monthly rent of PARAÍSO U.S. $ 20,000.00 (twenty thousand dollars).
2.2 It is hereby agreed upon between the Parties agreed that the monthly rent hereunder shall only be payable by Lessor to Lessee from the moment the Biorefinery Amyris operates, without prejudice to the full validity and enforceability of this Agreement, from the date his signature.
2.3 The amount referred to in clause 2.1. above shall be paid monthly by Amyris, through bank deposit in current account No. [*], owned by PARAÍSO respected banking hours in Campinas - SP, using their deposit slips as proof of payment and discharge.
2.4 The non-payment of any portion of the price at maturity of Amyris will subject to payment of the installment due and unpaid, adjusted by the variation of the Consumer Price Index - IPCA, published by the Brazilian Institute of Geography and Statistics - IBGE plus late-payment penalty of 2% (two percent) and default interest of 1% (one percent) per month, pro rata.
§ - A tolerance of 3 (three) business days will be awarded to Amyris, if that, for whatever reason, can not make the payment on the date agreed upon. End of that period, the charges agreed this Clause retroacts the date of the first day of delay in the payment of rent due.
2.5 The PARAÍSO represents and warrants that the value of the Rural Land Tax - ITR levied on the property is included in the rent, and the PARAÍSO ITR collect the whole incident on the farm where the property is located, including the portion corresponding to the area Property. The PARAÍSO Amyris shall exempt from any liability regarding the payment of ITR levied on the property. "
THIRD CLAUSE - RETROACTIVITY THE EFFECTS OF NEW WRITING
3.1 The parties hereby declare and acknowledge that always had the intention that the rent agreed upon in the contract because it was only after the beginning of the entry of Amyris biorefinery in operation, and there is therefore any amounts payable by Lessee to Lessor, the Title of rent from the date of signing of this Agreement so far.

[*] Certain portions denoted with an asterisk have been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.

SECTION FOUR - OTHER PROVISIONS
4.1 They are kept fully valid and all other provisions not expressly modified by this Amendment.
SO BEING FAIR AND CONTRACTORS, sign this Addendum in two (2) copies of equal form and content, in the presence of the undersigned witnesses.

Campinas, April 28, 2011.

Lessor - PARAÍSO BIOENERGY S.A.
/s/ Dario Costa Gaeta                    /s/ Djalma Sebastiao Fiore        
Dario Costa Gaeta                    Djalma Sebastiao Fiore
Director                         Director

Lessee - BRAZIL SA Amyris
/s/ Roel Win Collier                    /s/ Fabio Abreu Schettino        
Roel Win Collier                    Fabio Abreu Schettino
Director                        Director

Witnesses:
1.                            2.
                                                
Name:                            Name:
RG:                            RG:
CPF/MF:                        CPF/MF:Amyris 2012 10-K Ex 10.51 Third Amend Non Residential Real Estate Lease (October 1, 2012) (2)

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

THIRD AMENDMENT TO THE PRIVATE ACT OF NON RESIDENTIAL 
REALTY LEASE CONTRACT

By the present Third Amendment to the Private Act of Non Residential Realty Lease Contract (the “Third Amendment”) and in the best form of the law, the below designated parties (jointly, the “Parties”):

LESSORS: LÚCIO TOMASIELLO, Brazilian, single, over 18 years of age, businessman, bearer of identity card RG number [*], enrolled at CPF/MF under number [*], resident and domiciled in the City of Campinas, State of São Paulo, at [*]; and MAURÍCIO TOMASIELLO, Brazilian, single, over 18 years of age, businessman, bearer of identity card RG number [*], enrolled at CPF/MF under number [*], resident and domiciled in the City of Jundiaí, State of São Paulo, at [*].

LESSEE: AMYRIS BRASIL LTDA., private limited company with head office in the City of Campinas, State of São Paulo, at Rua James Clerk Maxwell, no 315, CEP 13069--380, enrolled at CNPJ/MF under number 09.379.224/0001-20, in the present act represented under terms of its Articles of Incorporation.

WHEREAS, on 30 of March of 2008, the Parties signed the Private Act of Non Residential Realty Lease Contract (the “Contract”), regarding the realty lease, later amended on 05 of July of 2008 (the “First Amendment”),

WHEREAS, on 30 of October of 2008, the Parties signed the Second Amendment to Contract (the “Second Amendment”) prorogating the term of lease until 31 of May of 2013,

WHEREAS, the Parties are interested in (i) prorogating the lease Contract term for additional 36 (thirty six) months, (ii) altering clause 28, Contract caput, and still, (iii) determining the lease increase,

DECIDE the Parties to sign the present Third Amendment which shall be governed in accordance to the following terms and conditions:

CLAUSE FIRST - TERM OF LEASE

1.1    By the present Third Amendment, the Parties agree, jointly, in prorogating the Contract term for additional 36 (thirty six) months starting 01 of October of 2012. Thus, the final term of the referred Contract becomes 01 of October of 2015, with the possibility of being renewed for the same term after written agreement between the Parties.

[*] Certain portions denoted with an asterisk have been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.

CLAUSE SECOND - REALTY REINSTATEMENT

2.1    In face of modifications adjusted at clause 1.1 above, regarding the term of lease, and in face of the intention of modification of terms of reinstatement of herein leased realty, desire the Parties, jointly, to alter the wording of Clause 2nd, caput, of the Contract, which begins effect with the following wording:

“2nd) The Term of Lease is 36 (thirty six) months, starting on 01/Oct/2012, as long as fulfilled obligations determined at clauses 3rd and 4th below, and ending on 01/Oct/2015, date when definitely the LESSEE binds to reinstating the herein leased Realty in good conditions of use and conservation, safeguarded natural wear of Realty and that provided at clause 8th, paragraph 4th.”

CLAUSE THIRD - LEASE

3.1    Due to the prorogation of the Contract's term of lease, and after negotiations, the LESSEE shall pay the LESSORS, from the date of signature of the present Third Amendment, the amount of R$ 25,00 (twenty five Reais) per m2 (square meter), calculated over the total constructed area, that is 1.368,09 m2 (square meters), totaling thus the monthly amount of R$ 34.202,50 (thirty four thousand and two hundred and two Reais). Thus, Clause 5th, Contract caput, by mutual agreement, has now the following wording:

“5a) From the date of the Term of Initial Inspection, the LESSEE shall pay the LESSORS the monthly lease already determined in R$ 34.202,50 (thirty four thousand and two hundred and two Reais), with readjustments in accordance to the smallest periodicity allowed by Law in effect, with due date at the fifth of each month, following the owed month, by deposit in bank account [*] current account number [*], with deposit slip being suitable as receipt and acquittal. The monthly lease shall be annually indexed by the IGP-M variation measured by Fundação Getúlio Vargas, or, in the event of suppression by its legal substitute, which best reflects the period's inflation, at LESSORS discretion, adopting as base date, 01/Jun/2008.”

3.2    The Parties declare, under terms of clause 3.1, that the terms of payment shall be those determined at Contract.

CLAUSE FOURTH - OTHER PROVISIONS

4.1    Are ratified, in all their terms, further clauses and conditions at Contract, in the First Amendment and Second Amendment which have not been expressly altered in the present Third Amendment.

4.2    The Parties agree that the terms of the present Third Amendment prevail over the conditions foreseen in all annexes to the present Act.

And for being fair and agreed, the Parties sign the present Act in 3 (three) copies, with same content and form, in the presence of two (02) below signed witnesses.

[*] Certain portions denoted with an asterisk have been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.

Campinas, 01 of October of 2012.

/s/ Lúcio Tomasiello        /s/ Maurício Tomasiello        
LESSORS:        LÚCIO TOMASIELLO    MAURÍCIO TOMASIELLO

/s/ Paulo Diniz            /s/ Roel Win Collier        
LESSEE:             AMYRIS BRASIL LTDA.

Witnesses:

1.                         2.                  
Name:                        Name: 
RG:                        RG:
CPF/MF:                    CPF/MF:

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