Document:

Severance Agreement, dated as of June 9, 2009

 Exhibit 10.5 

SEVERANCE AGREEMENT 

THIS SEVERANCE AGREEMENT (this “Agreement”), dated as of June 9, 2009, is made and entered by and between Novell Spain, SA, Novell, Inc.,
a Delaware corporation (collectively, the “Company”), and Javier Fernández Colado (the “Executive”). 

WITNESSETH: 
 WHEREAS,
the Executive is an employee of the Company and is expected to make major contributions to the short- and long-term profitability, growth and financial strength of the Company; 
 WHEREAS, the Board (as defined below) has determined that appropriate arrangements should be taken to encourage the continued attention and dedication of the Executive to his assigned duties without
distraction; and 
 WHEREAS, in consideration of the Executive’s employment with the Company, the Company desires to provide the Executive
with certain compensation and benefits set forth in this Agreement in order to ameliorate the financial and career impact on the Executive in the event the Executive’s employment with the Company is terminated for a reason related to, or
unrelated to, a Change in Control (as defined below) of the Company. 
 NOW, THEREFORE, in consideration of the foregoing and the mutual
covenants and agreements hereinafter set forth and intending to be legally bound hereby, the Company and the Executive agree as follows: 
 1. Certain Defined Terms. In addition to terms defined elsewhere herein, the following terms have the following meanings when used in this Agreement with initial capital letters: 

(a) “Base Pay” means the greater of (i) the Executive’s annual base salary rate, exclusive of bonuses, commissions
and other Incentive Pay, as in effect immediately preceding the Executive’s Termination Date, or (ii) the Executive’s highest annual base salary rate, exclusive of bonuses, commissions and other Incentive Pay, as in effect in any of
the three (3) full calendar years preceding the Executive’s Termination Date. 
 (b) “Board” means the Board
of Directors of Novell, Inc. 
 (c) “Cause:” 

(i) For purposes of Involuntary Termination Prior to a Change in Control, means a determination by the Company’s Chief Executive
Officer or Senior Vice President-Human Resources, in either case with legal advice and consultation of the Company’s Senior Vice President—General Counsel, acting in his authority as the Company’s general counsel, that the Executive
has committed any of the following acts: 

  
 1 

 (A) continued violations of the Executive’s obligations which are demonstrably willful
or deliberate on the Executive’s part after there has been delivered to the Executive a written demand for performance from the Company which describes the basis for the Company’s belief that the Executive has willfully or deliberately
violated his obligations to the Company; 
 (B) engaging in willful misconduct which is injurious to the Company or any
Subsidiary; 
 (C) committing a felony, an act of fraud against or the misappropriation of property belonging to the Company or
any Subsidiary; 
 (D) breaching, in any material respect, terms of any confidentiality or proprietary information agreement
between the Executive and the Company; or 
 (E) committing a material violation of the Company’s Code of Business Ethics
or Employee Conduct and Standards Policy, as either or both are in effect from time to time by the Company. 
 (ii) For
purposes of Involuntary Termination Associated With a Change in Control, means a determination by the Board that the Executive has committed any of the following acts: 
 (A) the Executive has been convicted of a criminal violation involving fraud, embezzlement or theft in connection with his duties or in the course of his employment with the Company or any Subsidiary; or

 (B) the Executive has committed intentional wrongful disclosure of secret processes or confidential information of the
Company or any Subsidiary; and any such act has been demonstrably and materially harmful to the Company. For purposes of this subparagraph (B), no act on the part of the Executive will be deemed “intentional” if it was due primarily to an
error in judgment or negligence, but will be deemed “intentional” if done by the Executive not in good faith and without reasonable belief that the Executive’s action was in the best interest of the Company. 

Notwithstanding the foregoing, the Executive will not be deemed to have been terminated for “Cause” under this clause (ii) unless and
until there has been delivered to the Executive a copy of a resolution duly adopted by the affirmative vote of not less than three-quarters of the members of the Board then in office at a meeting of the Board, finding that, in the good faith opinion
of the Board, the Executive has committed an act constituting “Cause,” as herein defined, and specifying the particulars thereof in detail. Prior to any such determination, the Executive shall be provided with reasonable notice of such
pending determination and the Executive, together with his counsel (if, the Executive chooses to have counsel present at such meeting), shall be provided with the opportunity to be heard before the Board makes any such determination. Nothing herein
will limit the right of the Executive or his beneficiaries to contest the validity or propriety of any such determination. 

  
 2 

 (d) “Change in Control” means the occurrence of any of the following events:

 (i) the acquisition by any individual, entity or group (within the meaning of section 13(d)(3) or 14(d)(2) of the United
States Security Exchange Act) (a “Person”) of beneficial ownership (within the meaning of Rule 13d-3 promulgated under the United States Security Exchange Act) of 25% or more of the combined voting power of the then outstanding Voting
Stock of Novell, Inc.; provided, however, that for purposes of this Section l(d)(i), the following acquisitions will not constitute a Change in Control: (A) any issuance of Voting Stock of Novell, Inc. directly from Novell, Inc. that is
approved by the Incumbent Board (as defined in Section l(d)(ii), below), (B) any acquisition by Novell, Inc. of Voting Stock of the Company, (C) any acquisition of Voting Stock of Novell, Inc. by any employee benefit plan (or related
trust) sponsored or maintained by Novell, Inc. or any Subsidiary, or (D) any acquisition of Voting Stock of Novell, Inc. by any Person pursuant to a Business Combination that complies with clauses (A), (B) and (C) of Section
l(d)(iii), below; and provided, further, that a Change in Control will not occur if any Person becomes the beneficial owner of 25% or more of the combined voting power of the Voting Stock of Novell, Inc. solely as a result of an issuance of Voting
Stock described in clause (A) of this Section l(d)(i) or an acquisition of Voting Stock described in clause (B) of this Section l(d)(i) unless and until such Person thereafter acquires beneficial ownership of Voting Stock of Novell, Inc.
that causes the aggregate percent of the combined voting power of the Voting Stock of Novell, Inc. then owned beneficially by such Person to exceed the percent of the combined voting power of Voting Stock of Novell, Inc. owned beneficially by such
Person immediately after such issuance or acquisition described in clause (A) or (B) of this Section l(d)(i); 
 (ii)
individuals who, as of the date hereof, constitute the Board (the “Incumbent Board,” as modified by this Section l(d)(ii)), cease for any reason to constitute at least a majority of the Board; provided, however, that any individual
becoming a Director subsequent to the date hereof whose election, or nomination for election by the Company’s stockholders, was approved by a vote of at least two-thirds of the Directors then comprising the Incumbent Board (either by a specific
vote or by approval of the proxy statement of the Company in which such person is named as a nominee for director, without objection to such nomination) will be deemed to have then been a member of the Incumbent Board, but excluding, for this
purpose, any such individual whose initial assumption of office occurs as a result of an actual or threatened election contest (within the meaning of Rule 14a-11 of the United States Security Exchange Act) with respect to the election or removal of
Directors or other actual or threatened solicitation of proxies or consents by or on behalf of a Person other than the Board; 

(iii) consummation of a reorganization, merger or consolidation, a sale or other disposition of all or substantially all of the assets
of Novell, Inc., or other transaction (each, a “Business Combination”), unless, in each case, immediately following such Business Combination, (A) all or substantially all of the individuals and entities who were the beneficial owners
of Voting Stock of Novell, Inc. immediately prior to such Business Combination beneficially own, directly or indirectly, more than 50% of the combined voting power of the then outstanding shares of Voting Stock of the entity resulting from such
Business Combination 

  
 3 

 
(including, without limitation, an entity which as a result of such transaction owns Novell, Inc. or all or substantially all of Novell, Inc. assets either directly or through one or more
subsidiaries), (B) no Person (other than Novell, Inc.; such entity resulting from such Business Combination; any employee benefit plan (or related trust) sponsored or maintained by Novell, Inc., any Subsidiary or such entity resulting from such
Business Combination; or any Person who immediately prior to such Business Combination beneficially owned directly or indirectly 25% or more of the combined voting power of the voting stock of Novell, Inc. and whose ownership of such Voting Stock
did not result in a Change in Control under Section l(d)(i)) beneficially owns, directly or indirectly, 25% or more of the combined voting power of the then outstanding shares of Voting Stock of the entity resulting from such Business Combination,
and (C) at least a majority of the members of the Board of Directors of the entity resulting from such Business Combination were members of the Incumbent Board at the time of the execution of the initial agreement or of the action of the Board
providing for such Business Combination; or 
 (iv) approval by the stockholders of Novell, Inc. of a complete liquidation or
dissolution of Novell, Inc., except pursuant to a Business Combination that complies with clauses (A), (B) and (C) of Section 1 (d)(iii). 
 (e) “Constructive Termination Associated With a Change in Control” means the termination of the Executive’s employment with the Company by the Executive as a result of the occurrence of one
of the following events, without the Executive’s express written consent, as a result of a Change in Control: 
 (i) the
failure to elect or reelect or otherwise to maintain the Executive in the office or the position, or an equivalent office or position, of or with the Company and/or a Subsidiary (or any successor thereto by operation of law or otherwise), as the
case may be, which the Executive held immediately prior to a Change in Control, or the removal of the Executive as a Director of the Company and/or a Subsidiary (or any successor thereto) if the Executive has been a Director of the Company and/or a
Subsidiary immediately prior to the Change in Control; 
 (ii) the failure of the Company to remedy any of the following within
ten (10) business days after receipt by the Company of written notice thereof from the Executive: (A) an adverse change in the nature or scope of the authorities, powers, functions, responsibilities or duties attached to the position with
the Company and any Subsidiary which the Executive held immediately prior to the Change in Control, (B) a reduction in the aggregate of the Executive’s Base Pay, Incentive Pay, and Equity Compensation, or (C) the termination or denial
of the Executive’s rights to Employee Benefits or a reduction in the scope or value thereof; 
 (iii) a determination by
the Executive (which determination will be conclusive and binding upon the parties hereto provided it has been made in good faith and in all events will be presumed to have been made in good faith unless otherwise shown by the Company by clear and
convincing evidence) that a change in circumstances has occurred following a Change in Control, including, without limitation, a change in the scope of the business or other activities for which the Executive was responsible immediately prior to the
Change in Control, which has rendered the Executive unable to carry out, has hindered the Executive’s performance of, or has caused the 

  
 4 

 Executive to suffer a reduction in, any of the authorities, powers, functions, responsibilities or duties
attached to the position held by the Executive immediately prior to the Change in Control, which situation is not remedied within ten (10) business days after written notice to the Company from the Executive of such determination; 

(iv) the liquidation, dissolution, merger, consolidation or reorganization of Novell Inc. or transfer of all or substantially all of its
business and/or assets, unless the successor or successors (by liquidation, merger, consolidation, reorganization, transfer or otherwise) to which all or substantially all of its business and/or assets have been transferred (by operation of law or
otherwise) assumes all duties and obligations of the Company under this Agreement pursuant to Section 15(a); 
 (v) a
requirement by the Company that the Executive have his principal location of work changed to any location that is in excess of thirty-five (35) miles from the location thereof immediately prior to the Change in Control, or that the Executive
travel away from his office in the course of discharging his responsibilities or duties hereunder at least 20% more (in terms of aggregate days in any calendar year or in any calendar quarter when annualized for purposes of comparison to any prior
year) than was required of the Executive in any of the three (3) full years immediately prior to the Change in Control; or 
 (vi) without limiting the generality or effect of the foregoing, any material breach of this Agreement by the Company or any successor thereto which is not remedied by the Company within ten
(10) business days after receipt by the Company of written notice from the Executive of such breach. 
 In no event shall the termination
of the Executive’s employment with the Company on account of the Executive’s death or Disability or because the Executive engaged in conduct constituting Cause be deemed to be a Constructive Termination Associated With a Change in Control.

 (f) “Constructive Termination Prior to a Change in Control” means the termination of the Executive’s
employment with the Company by the Executive as a result of the occurrence of one of the following events, without the Executive’s express written consent: 
 (i) a comprehensive and substantial reduction in all or most of the Executive’s primary duties, authority and responsibilities compared to the Executive’s duties, authority and responsibilities
immediately prior to such reduction; 
 (ii) a significant reduction in the Executive’s Base Pay compared to the
Executive’s Base Pay in effect immediately prior to such reduction; provided, however, that a reduction in the Executive’s Base Pay of less than twenty percent (20%) or a reduction in the Executive’s Base Pay that is part of an
overall reduction in compensation also applied to other senior executives of the Company as a result of decreased business performance by the Company or one of its business units, shall not constitute a Constructive Termination Prior to a Change in
Control; or 
 (iii) the failure of the Company to obtain the assumption of this Agreement by any successors. 

  
 5 

 In no event shall the termination of the Executive’s employment with the Company on account of the
Executive’s death or Disability or because the Executive engaged in conduct constituting Cause be deemed to be a Constructive Termination Prior to a Change in Control. 
 (g) “Disability” means the Executive becomes permanently disabled within the meaning of, and begins actually to receive disability benefits pursuant to, the long-term disability plan in effect
for, or applicable to, the Executive. 
 (h) “Employee Benefits” means the perquisites, benefits and service credit
for benefits as provided under any and all employee retirement income and welfare benefit policies, plans, programs or arrangements in which the Executive is entitled to participate, including, without limitation, any stock option, performance
share, performance unit, stock purchase, stock appreciation, savings, pension, supplemental executive retirement, or other retirement income or welfare benefit, deferred compensation, incentive compensation, group or other life, health,
medical/hospital or other insurance (whether funded by actual insurance or self-insured by the Company or a Subsidiary), disability, salary continuation, expense reimbursement and other employee benefit policies, plans, programs or arrangements that
may now exist or any equivalent successor policies, plans, programs or arrangements that may be adopted hereafter by the Company or a Subsidiary, providing perquisites, benefits and service credit for benefits at least as great in the aggregate as
are payable thereunder. 
 (i) “Equity Compensation” means any stock option, stock appreciation, stock purchase,
restricted stock, restricted stock unit, long term incentive cash bonus award or any other kind of equity-based plan, program, arrangement or grant regardless of whether the form of distribution is in stock or cash. 

(j) “Exchange Act” means the United States Securities Exchange Act of 1934, as amended. 

(k) “Incentive Pay” means the greater of: (i) the Executive’s maximum Target Bonus for which the Executive was
eligible during the period that includes the Termination Date, or (ii) the highest aggregate bonus or incentive payment paid to the Executive during any of the three (3) full calendar years prior to his Termination Date. For purposes of
this definition, “Target Bonus” means the annual bonus, incentive, commission or other sales incentive compensation, or comparable incentive payment opportunity which, in the sole discretion of the Company, is deemed to constitute a Target
Bonus, in addition to Base Pay, for which the Executive was eligible to receive, but did not receive prior to his Termination Date, in regard to services rendered in the year covered by the Executive’s Termination Date and is to be made
pursuant to any bonus, incentive, profit-sharing, performance, discretionary payor similar agreement, policy, plan, program or arrangement (whether or not funded) of the Company or a Subsidiary, or any successor thereto. For purposes of this
definition, “Incentive Pay” does not include any Equity Compensation, one time bonus or payment (including, but not limited to, any sign-on bonus), any amounts contributed by the Company for the benefit of the Executive to any qualified or
nonqualified deferred compensation plan, whether or not provided under an arrangement described in the prior sentence, or any amounts designated by the parties as amounts other than Incentive Pay. 

  
 6 

 (l) “Involuntary Termination Associated With a Change in Control” means the
termination of the Executive’s employment related to a Change in Control: (i) by the Company for any reason other than Cause, the Executive’s death or the Executive’s Disability, or (ii) on account of a Constructive
Termination Associated with a Change in Control. 
 (m) “Involuntary Termination Prior to a Change in Control” means
the termination of the Executive’s employment unrelated to a Change in Control: (i) by the Company for any reason other than Cause, the Executive’s death or the Executive’s Disability, or (ii) on account of a Constructive
Termination Prior to a Change in Control. 
 (n) “Release Effective Date” means, with reference to the Release
discussed in Section 5, the date following the expiration of any period during which Executive may revoke the release. 

(o) “Resignation” means voluntary termination by the Executive for any reason other than a Constructive Discharge Prior to a
Change in Control or a Constructive Discharge Associated with a Change in Control. 
 (p) “Restricted Business” means,

 (i) if the Executive is entitled to severance benefits under this Agreement on account of an Involuntary Termination Prior
to a Change in Control, (A) the design, development, manufacture, marketing or support of local or wide area network products, computer operating systems, applications products, software products or services that enable organizations to more
effectively conduct business using the Web, or any other software products of the type designed, developed, manufactured, sold or supported by the Company or as proposed to be designed, developed, manufactured, sold or supported by the Company
pursuant to a development project that is actually being pursued during the term of this Agreement; (B) any business that performs technology and consulting services that help businesses develop and accelerate their transition to Internet-based
e-business solutions and processes, or management services that assist businesses in improving their operating processes; or (C) any business that competes directly or indirectly with the hardware, software or consulting businesses of the
Company. 
 (ii) if the Executive is entitled to severance benefits under this Agreement on account of an Involuntary
Termination Associated With a Change in Control, any business function with a direct competitor of the Company that is substantially similar to the business function performed by the Executive with the Company immediately prior to his Termination
Date. 
 (q) “Restricted Territory” means the counties, towns, cities or states of any country in which the Company
operates or does business. 
 (r) “Severance Period” means the twelve (12) month period after the
Executive’s Termination Date. 
 (s) “Subsidiary” means any Company controlled affiliate. 

  
 7 

 (t) “Termination Date” means the last day of the Executive’s employment with
the Company. 
 (u) “Termination of Employment” means the termination of the Executive’s active employment
relationship with the Company on account of an Involuntary Termination Prior to a Change in Control or an Involuntary Termination Associated With a Change in Control. 
 (v) “Voting Stock” means securities entitled to vote generally in the election of directors. 
 2. Termination Prior to a Change in Control. 
 (a) Involuntary Termination Prior
to a Change in Control. In the event the Executive’s employment is terminated on account of an Involuntary Termination Prior to a Change in Control, the Executive shall be entitled to the benefits provided in subsection (b) of this
Section 2. 
 (b) Compensation and Benefits Upon Involuntary Termination Prior to a Change in Control. Subject to
the provisions of Section 5 hereof, in the event a termination described in subsection (a) of this Section 2 occurs, the Company shall pay and provide the Executive with the following payments and benefits, provided Executive executes
and does not revoke the Release, as described in Section 5 below after his Termination Date: 
 (i) 150% of his Base Pay.
Unless otherwise required by law, such Base Pay shall be paid to the Executive in equal installments for a period of twelve (12) months, commencing on the first payroll date to occur after the expiration of six (6) months following the
Release Effective Date. 
 (ii) The Executive shall receive his pro rated Incentive Pay for the fiscal year in which his
Termination of Employment occurs. The pro rated Incentive Pay shall be based on the Executive’s Incentive Pay for the fiscal year in which the Executive’s Termination Date occurs, multiplied by a fraction, the numerator of which is the
number of days during which the Executive was employed by the Company in the fiscal year of his termination and the denominator of which is 365. Unless otherwise required by law, such pro rated Incentive Pay shall be paid to the Executive in equal
installments for a period of twelve (12) months, commencing on the first payroll date to occur after the expiration of six (6) months following the Release Effective Date. 

(iii) Executive will receive the following continued benefits coverage: 

(A) For a period of twelve (12) months following the Termination Date (the “Initial Benefit Period”), Executive shall
continue to receive the medical and dental coverage in effect on the Termination Date (or generally comparable coverage) for Executive and, where applicable, Executive’s spouse and dependents, at the same premium rates as may be charged from
time to time for employees generally, as if Executive had continued in employment during such period. The Company may structure such continued benefits coverage in a manner that comports with any applicable statute or regulation. 

  
 8 

 (B) Executive acknowledges and agrees that the continued insurance coverage under this
subparagraph shall cease on the date Executive is covered by the medical and dental coverage of Executive’s successor employer, if any. Executive agrees to inform the Company of such alternative coverage no later than five (5) business
days of accepting employment with the successor employer. 
 (iv) With respect to any Company stock options held by the
Executive as of his Termination Date, the Company shall accelerate the vesting of that portion of the Executive’s stock options, if any, which would have vested and become exercisable solely by the virtue of the passage of time within the one
(1) year period after the Executive’s Termination Date, such options, plus any other options that previously became exercisable and have not expired or been exercised, shall remain exercisable, notwithstanding anything in any other
agreement governing such options, for the longer of (A) a period of six (6) months after the Executive’s Termination Date, or (B) the period set forth in the award agreement covering the option (collectively, the “Pre-Change
in Control Option Expiration Date”); provided, however, that in no event will the option be exercisable beyond its original term or, if not addressed in the grant agreement, then not later than the latest date that will avoid adverse tax
consequences to the Executive (if such date is earlier than the Pre-Change in Control Option Expiration Date). 
 (v) With
respect to any shares of Company common stock held by the Executive as of his Termination Date that are subject to the Company’s repurchase right upon termination of the Executive’s employment (“Restricted Stock”), the Company
shall waive such repurchase rights as to the number of shares of Restricted Stock that would have vested solely by the virtue of the passage of time within the one (1) year period after the Executive’s Termination Date. 

(vi) With respect to Restricted Stock Units (RSUs) held by Executive as of the Termination Date, that portion of Executive’s RSUs,
if any, which would have vested solely by virtue of the passage of time within the one (1) year period after the Termination Date shall become vested as of the the Release Effective Date, and shall be distributable to Executive in accordance
with the terms of the relevant Company equity compensation plan under which RSUs were granted and in accordance with the applicable grant agreements. 
 (vii) To pay the cost of outplacement assistance services for the Executive that are actually provided by an outplacement agency selected by the Executive, for which the Company provides prior approval,
with such approval not to be unreasonably withheld, in an amount not to exceed twenty percent (20%) of the Executive’s Base Pay. Provided, however, that such services must be provided within twenty-four (24) months following the
Termination Date and the reimbursement for such services must be made within thirty-six (36) months following the Termination Date. 
 (viii) The Executive shall receive any amounts earned, accrued or owing but not yet paid to the Executive as of his Termination Date, payable in a lump sum, and any benefits accrued or earned in
accordance with the terms of any applicable benefit plans and programs of the Company. 

  
 9 

 3. Termination Associated With a Change in Control. 

(a) Involuntary Termination Associated With a Change in Control. In the event the Executive’s employment is terminated after,
or in connection with, a Change in Control, on account of (i) an Involuntary Termination Associated With a Change in Control within the two (2) year period after the Change in Control, or (ii) an Involuntary Termination Associated
With a Change in Control that occurs (A) not more than six (6) months prior to the date on which a Change in Control occurs or (B) following the commencement of any discussion with a third person that ultimately results in a Change in
Control, the Executive shall be entitled to the benefits provided in subsection (b) of this Section 3. If the Executive is entitled to benefits described in this Section 3 by reason of clause (a)(ii) above, the Executive shall receive
the compensation and benefits described in Section 2(b) above after his Termination of Employment, in accordance with the provisions of Section 2(b), regardless of whether the Change in Control actually occurs, and the Executive shall
receive the additional compensation and benefits described in Section 3(b) below only if the Change in Control is consummated and shall receive such additional amounts after the consummation of the Change in Control, in accordance with the
provisions of Section 3(b) below such payment to be made after the later to occur of (i) sixty (60) days following the Change in Control or (ii) six (6) months following the Release Effective Date. For purposes of subsection
3(a)(ii)(B) above, to be eligible to receive amounts described in Section 3(b) below, the Change in Control must be consummated within the twelve (12) month period following the Executive’s Termination Date, except in circumstances
pursuant to which the consummation of the Change in Control is delayed, through no failure of the Company or the third person, by a governmental or regulatory authority or agency with jurisdiction over the matter, or as a result of other similar
circumstances. In such a circumstance, the remaining of the twelve (12) month period shall be tolled and shall recommence upon termination of the delaying event. 
 (b) Compensation and Benefits Upon Involuntary Termination Associated With a Change in Control. Subject to the provisions of Section 5 hereof, in the event a termination described in
subsection (a) of this Section 3 occurs, the Company shall pay and provide to the Executive after the Release Effective Date: 
 (i) A cash payment equal to (A) two times Base Pay, plus (B) two times Incentive Pay. Unless otherwise required by law, this payment will be made within thirty (30) days following the
Release Effective Date. 
 (ii) Lump sum cash payment equal to Executive’s pro rated Incentive Pay for the fiscal year in
which his Termination of Employment occurs, The pro rated Incentive Pay shall be based on the Executive’s Incentive Pay for the fiscal year in which the Executive’s Termination Date occurs, multiplied by a fraction, the numerator of which
is the number of days during which the Executive was employed by the Company in the ·fiscal year of his termination and the denominator of which is 365. Unless otherwise required by law, this payment will be made within thirty (30) days
following the Release Effective Date. 
 (iii) Executive will receive the following continued benefits coverage: 

(A) For a period of twenty-four (24) months following the Termination Date (the “Initial Benefit Period”), Executive
shall continue to receive the medical and dental coverage in effect on the Termination Date (or generally comparable coverage) for 

  
 10 

 
Executive and, where applicable, Executive’s spouse and dependents, at the same premium rates as may be charged from time to time for employees generally, as if Executive had continued in
employment during such period. The Company may structure such continued benefits coverage in a manner that comports with any applicable statute or regulation. 
 (B) Executive acknowledges and agrees that the continued insurance coverage under this subparagraph shall cease on the date Executive is covered by the medical and dental coverage of Executive’s
successor employer, if any. Executive agrees to inform the Company of such alternative coverage no later than five (5) business days of accepting employment with the successor employer. 

(iv) Lump sum cash payment equal to the total amount that the Executive would have received under the applicable statutory pension plan,
if any, that the Executive was eligible to participate in for the twelve (12) month period after his Termination Date and he contributed the maximum amount to the plan for the match. 

(v) Lump sum cash payment equal to twenty percent (20%) of the Executive’s Base Pay in order to cover the cost of outplacement
assistance services for the Executive. Unless otherwise required by law, this payment shall be made within thirty (30) days following the Release Effective Date. 
 (c) Equity Compensation. Notwithstanding any provision to the contrary in any applicable plan, program or agreement, or any contrary provision in this Agreement in the event that either or both of
the following occur: 
 (i) a Change in Control in which the Executive’s employment is terminated on account of an
Involuntary Termination Associated with a Change in Control; or 
 (ii) a Change in Control occurs, but the acquirer or
successor fails to provide the Executive with equity compensation rights substantially comparable in value to the Executive’s unvested equity compensation rights immediately prior to the Change in Control; 

then all stock options, Restricted Stock, Restricted Stock Units and other equity rights held by the Executive will become fully vested and/or
exercisable, as the case may be, as of the date Termination Date in the case of clause (i) or as of the date of the Change in Control in the case of clause (ii), and all stock options held by the Executive shall remain exercisable,
notwithstanding anything in any other agreement governing such options, for the longer of (i) a period of twenty four (24) months after the Executive’s Termination Date, or (ii) the period set forth in the award agreement
covering the option (collectively, the “Change in Control Option Expiration Date”); provided, however, that in no event will the option be exercisable beyond its original term or, if not addressed in the grant agreement, then not later
than the latest date that will avoid adverse tax consequences to the Executive (if such date is earlier than the Change in Control Option Expiration Date). 
 For purposes of clause (ii) above, equity compensation provided by the acquiror or successor shall be deemed substantially comparable to the Executive’s unvested equity compensation rights
immediately prior to the Change in Control only if (A) such unvested equity compensation rights 

  
 11 

 
are assumed by the acquiror or successor on the same basis (including the same exchange ratio) as is provided to non-employee holders of such equity or, if none, on a basis substantially
identical to such basis; or (B) such unvested equity compensation rights are replaced by equity compensation rights granted by the acquiror or successor which rights are materially identical in value to (employing the same equity valuation
methodology as the Company employed for financial accounting purposes immediately prior to the Change in Control) and are subject to the same vesting schedule as was applicable to the unvested equity compensation rights held by the Executive
immediately prior to the Change in Control. 
 4. Employment Termination on Account of Disability, Cause, Resignation or
Death. Notwithstanding anything in this Agreement to the contrary, if the Executive’s employment terminates on account of Disability, the Executive shall be entitled to receive disability benefits under any disability program maintained by
the Company that covers the Executive, and the Executive shall not be considered to have experienced a Termination of Employment under this Agreement and shall not receive benefits pursuant to Sections 2 and 3 hereof. If the Executive’s
employment terminates on account of Cause, Resignation or because of his death, the Executive shall not receive any payments or benefits pursuant to Sections 2 or 3 hereof. 
 5. Release. Notwithstanding the foregoing, no such payments shall be made or benefits provided unless the Executive executes, and does not revoke, the Company’s standard written release,
substantially in the form provided by the Company, (the “Release”), of any and all claims against the Company and all related parties with respect to all matters arising out of the Executive’s employment by the Company (other than
entitlements under the terms of this Agreement or under any other plans or programs of the Company in which the Executive participated and under which the Executive has accrued or become entitled to a benefit) or a termination thereof. The
“Release Effective Date” shall be the date following the expiration of any revocation period contained in the Release. 
 6. Enforcement. Without limiting the rights of the Executive at law or in equity, if the Company fails to make any payment or provide any benefit required to be made or provided hereunder on a
timely basis, the Company will pay interest on the amount or value thereof at an annualized rate of interest equal to the so called composite “prime rate” as quoted from time to time during the relevant period in the United States Eastern
Edition of The Wall Street Journal, Such interest will be payable as it accrues on demand. Any change in such prime rate will be effective on and as of the date of such change. 

7. Taxation of Severance Payments. If, pursuant to applicable law, any payments or benefits to be provided under this Agreement
are eligible for favorable tax treatment as severance or termination payments, such payments will be structured so as to provide the Executive with the most favorable tax treatment available, within the confines of applicable law. The Executive
hereby authorizes the Company to take any necessary steps to effectuate this provision. 
 8. No Mitigation Obligation.
The Company hereby acknowledges that it will be difficult and may be impossible for the Executive to find reasonably comparable employment following the Termination Date. Accordingly, the payment of the severance compensation by

  
 12 

 
the Company to the Executive in accordance with the terms of this Agreement is hereby acknowledged by the Company to be reasonable, and the Executive will not be required to mitigate the amount
of any payment provided for in this Agreement by seeking other employment or otherwise, nor will any profits, income, earnings or other benefits from any source whatsoever create any mitigation, offset, reduction or any other obligation on the part
of the Executive hereunder or otherwise. 
 9. Legal Fees and Expenses. In the event of a Change in Control, it is the
intent of the Company that the Executive not be required to incur legal fees and the related expenses associated with the interpretation, enforcement or defense of the Executive’s rights under this Agreement by litigation or otherwise because
the cost and expense thereof would detract from the benefits intended to be extended to the Executive hereunder. Accordingly, if a Change in Control occurs and it should appear to the Executive that the Company has failed to comply with any of its
obligations under this Agreement or in the event that the Company or any other person takes or threatens to take any action to declare this Agreement void or unenforceable, or institutes any litigation or other action or proceeding designed to deny,
or to recover from, the Executive the benefits provided or intended to be provided to the Executive under Section 3(b) of the Agreement, the Company irrevocably authorizes the Executive from time to time to retain counsel of the
Executive’s choice, at the expense of the Company as hereafter provided, to advise and represent the Executive in connection with any such interpretation, enforcement or defense, including without limitation the initiation or defense of any
litigation or other legal action, whether by or against the Company or any Director, officer, stockholder or other person affiliated with the Company, in any jurisdiction. Notwithstanding any existing or prior attorney-client relationship between
the Company and such counsel, the Company irrevocably consents to the Executive’s entering into an attorney-client relationship with such counsel, and in that connection the Company and the Executive agree that a confidential relationship will
exist between the Executive and such counsel. Without respect to whether the Executive prevails, in whole or in part, in connection with any of the foregoing, the Company will pay and be solely financially responsible for any and all attorneys’
and related fees and expenses incurred by the Executive in connection with any of the foregoing; provided that, in regard to such matters, the Executive has not acted frivolously, in bad faith or with no colorable claim of success. Such expenses
will be paid by the Company on the thirtieth day following its receipt of adequate substantiation to support payment of the expense amount. 
 10. Confidentiality. The Executive hereby covenants and agrees that he will not disclose to any person not employed by the Company, or use in connection with engaging in competition with the
Company, any confidential or proprietary information (as defined below) of the Company. For purposes of this Agreement, the term “confidential or proprietary information” will include all information of any nature and in any form that is
owned by the Company and that is not publicly available (other than by the Executive’s breach of this Section 10) or generally known to persons engaged in businesses similar or related to those of the Company. Confidential or proprietary
information will include, without limitation, the Company’s financial matters, customers, employees, industry contracts, strategic business plans, product development (or other proprietary product data), marketing plans, consulting solutions
and processes, and all other secrets and all other information of a confidential or proprietary nature which is protected by the Uniform Trade Secrets Act. For purposes of the preceding two 

  
 13 

 
sentences, the term “Company” will also include any Subsidiary (collectively, the “Restricted Group”). The foregoing obligations imposed by this Section 10 will not apply
(i) in the course of the business of and for the benefit of the Company, (ii) if such confidential or proprietary information has become, through no fault of the Executive, generally known to the public, or (iii) if the Executive is
required by law to make disclosure (after giving the Company notice and an opportunity to contest such requirement). 
 11.
Covenants Not to Compete and Not to Solicit. In the event of the Executive’s Termination of Employment, the Company’s obligations to provide severance pay as provided in Sections 2 and 3 shall be expressly conditioned upon the
Executive’s covenants not to compete and not to solicit as provided herein. In the event the Executive breaches his obligations to the Company as provided herein, the Company’s obligations to make severance payments to the Executive
pursuant to Sections 2 and 3 shall cease, without prejudice to any other remedies that may be available to the Company. 
 (a)
Covenant Not to Compete. 
 (i) If the Executive is receiving compensation and benefits under Section 2(b) above,
then for a period of nine (9) months following the Executive’s Termination Date, the Executive shall not directly or indirectly, engage in (whether as employee, consultant, proprietor, partner, director or otherwise), or have any ownership
interest in, or participate in a financing, operation, management or control of, any person, firm, corporation or business that is a Restricted Business in a Restricted Territory without the prior written consent of the Board. For this purpose,
ownership of no more than 5% of the outstanding Voting Stock of a publicly traded corporation shall not constitute a violation of this provision. 
 (ii) If the Executive is receiving compensation and benefits under Section 3(b) above (or subsequently becomes entitled to severance under Section 3(b) above because of a termination described
in Section 3(a)(ii), then for a period of one (1) year following the Executive’s Termination Date, the Executive shall not directly or indirectly, engage in (whether as employee, consultant, proprietor, partner, director or
otherwise), or have any ownership interest in, or participate in a financing, operation, management or control of, any person, firm, corporation or business that is a Restricted Business in a Restricted Territory without the prior written consent of
the Board. For this purpose, ownership of no more than 5% of the outstanding Voting Stock of a publicly traded corporation shall not constitute a violation of this provision. 
 (b) Covenant Not to Solicit. Without regard to the reason for Executive’s termination or to whether Executive is eligible to receive payments and benefits pursuant to Section 2 or 3,
Executive agrees that Executive shall not, for a period of two (2) years after the Termination Date for any reason: (i) solicit, encourage or take any other action which is intended to induce any other employee of the Company to terminate
his employment with the Company; or (ii) interfere in any manner with the contractual or employment relationship between the Company and any such employee of the Company. The foregoing shall not prohibit Executive or any entity with which the
Executive may be affiliated from hiring a former employee of the Company, provided that such hiring results exclusively from such former employee’s affirmative response to a general recruitment effort. 

  
 14 

 (c) Interpretation. The covenants contained herein are intended to be construed as a
series of separate covenants, one for each county, town, city and state or other political subdivision of a Restricted Territory. Except for geographic coverage, each such separate covenant shall be deemed identical in terms to the covenant
contained in the preceding subsections. If, in any judicial proceeding, the court shall refuse to enforce any of the separate covenants (or any part thereof) deemed included in such subsections, then such unenforceable covenant (or such part) shall
be deemed to be eliminated from this Agreement for the purpose of those proceedings to the extent necessary to permit the remaining separate covenants (or portions thereof) to be enforced. 

(d) Reasonableness. In the event that the provisions of this Section 11 shall ever be deemed to exceed the time, scope or
geographic limitations permitted by applicable laws, then such provisions shall be reformed to the maximum time, scope or geographic limitations, as the case may be, permitted by applicable laws. 

12. Employment Rights. Nothing expressed or , implied in this Agreement will create any right or duty on the part of the Company
or the Executive to have the Executive remain in the employment of the Company or any Subsidiary prior to or following any Change in Control. 
 13. Tax Withholding. All payments described in this Agreement are subject to applicable tax withholdings. The Company may withhold from any amounts payable under this Agreement all federal, state,
city or other taxes as the Company is required to withhold pursuant to any applicable law, regulation or ruling. 
 14. Term
of Agreement. This Agreement shall continue in full force and effect for the duration of the Executive’s employment with the Company; provided, however, that after the termination of the Executive’s employment during the term of this
Agreement, this Agreement shall remain in effect until all of the obligations of the parties hereunder are satisfied or have expired. 
 15. Successors and Binding Agreement. 
 (a) The Company will require any
successor (whether direct or indirect, by purchase, merger, consolidation, reorganization or otherwise) to all or substantially all of the business or assets of Novell, Inc., by agreement in form and substance reasonably satisfactory to the
Executive, expressly to assume and agree to perform this Agreement in the same manner and to the same extent the Company would be required to perform if no such succession had taken place. This Agreement will be binding upon and inure to the benefit
of the Company and any successor to Novell, Inc., including without limitation any persons acquiring directly or indirectly all or substantially all of the business or assets of Novell, Inc. whether by purchase, merger, consolidation, reorganization
or otherwise (and such successor will thereafter be deemed the “Company” for the purposes of this Agreement), but will not otherwise be assignable, transferable or delegable by the Company. 

(b) This Agreement will inure to the benefit of and be enforceable by the Executive’s personal or legal representatives, executors,
administrators, successors, heirs, distributees and legatees. This Agreement will supersede the provisions of any employment or other agreement between the Executive and the Company that relate to any matter that is also the subject of this
Agreement, and such provisions in such other agreements will be null and void. 

  
 15 

 (c) This Agreement is personal in nature and neither of the parties hereto will, without the
consent of the other, assign, transfer or delegate this Agreement or any rights or obligations hereunder except as expressly provided in Sections 15(a) and l5(b). Without limiting the generality or effect of the foregoing, the Executive’s right
to receive payments hereunder will not be assignable, transferable or delegable, whether by pledge, creation of a security interest, or otherwise, other than by a transfer by the Executive’s will or by the laws of descent and distribution and,
in the event of any attempted assignment or transfer contrary to this Section 15(c), the Company will have no liability to pay any amount so attempted to be assigned, transferred or delegated. 

16. Notices. For all purposes of this Agreement, all communications, including without limitation notices, consents, requests or
approvals, required or permitted to be given hereunder will be in writing and will be deemed to have been duly given when hand delivered or dispatched by electronic facsimile transmission (with receipt thereof orally confirmed by the recipient), or
five (5) business days after having been mailed by United States registered or certified mail, return receipt requested, postage prepaid, or three (3) business days after having been sent by an internationally recognized courier service
for overnight/next-day delivery, such as Fed Ex, UPS, or the United States Postal Service, addressed to the Company (to the attention of the Secretary of the Company) at its principal executive office and to the Executive at his principal residence,
or to such other address as any party may have furnished to the other in writing and in accordance herewith, except that notices of changes of address will be effective only upon receipt. 

17. Governing Law. The validity, interpretation, construction and performance of this Agreement will be governed by and construed
in accordance with the substantive laws of the Commonwealth of Massachusetts, without giving effect to the principles of conflict of laws of such Commonwealth. 
 18. Validity. If any provision of this Agreement or the application of any provision hereof to any person or circumstances is held invalid, unenforceable or otherwise illegal, the remainder of this
Agreement and the application of such provision to any other person or circumstances will not be affected, and the provision so held to be invalid, unenforceable or otherwise illegal will be reformed to the extent (and only to the extent) necessary
to make it enforceable, valid or legal. 
 19. Miscellaneous. 

(a) Except as provided in subparagraph (b) below, no provision of this Agreement may be modified, waived or discharged unless such
waiver, modification or discharge is agreed to in writing signed by the Executive and the Company. No waiver by either party hereto at any time of any breach by the other party hereto or compliance with any condition or provision of this Agreement
to be performed by such other party will be deemed a waiver of similar or dissimilar provisions or conditions at the same or at any prior or subsequent time. No agreements or representations, oral or otherwise, expressed or implied with respect to
the subject 

  
 16 

 
matter hereof have been made by either party that are not set forth expressly in this Agreement. References to Sections are to references to Sections of this Agreement. Any reference in this
Agreement to a provision of a statute, rule or regulation will also include any successor provision thereto. Whenever used herein, the masculine includes the feminine. 
 (b) Notwithstanding any contrary provision of this Agreement, the Company may modify benefits otherwise payable or to be provided under this Agreement without obtaining the Executive’s consent to
such modification to the extent that the Company determines in its sole discretion that such modification is necessary or appropriate in order to effect compliance with applicable law or regulatory requirements. 

20. Survival. Notwithstanding any provision of this Agreement to the contrary, the parties’ respective rights and obligations
under Sections 2, 3, 7, 9, 10, and 11 will survive any termination or expiration of this Agreement or the termination of the Executive’s employment for any reason whatsoever. 

21. Counterparts. This Agreement may be executed In one or more counterparts, each of which will be deemed to be an original but
all of which together will constitute one and the same agreement. 
 IN WITNESS WHEREOF, the parties have caused this Agreement to be duly
executed and delivered as of the date first above written. 
  

			
	NOVELL, SA
		
		 	 /s/ Ryan L. Richards

	By:	 	Ryan L. Richards, Director and
		 	Deputy General Counsel, Novell, Inc.
	
	EXECUTIVE
		
		 	 /s/ Javier Fernández Colado

	Name:	 	Javier Fernández Colado
	Title:	 	Senior Vice President - EMEA

  
 17Fifth Amendment to Lease

 Exhibit 10.17 
 FIFTH AMENDMENT TO LEASE 
 BETWEEN 

ES EAST, LLC (LANDLORD) 
 AND 
 AMYRIS, INC. (TENANT) 

AT EMERYSTATION EAST 
 5885 HOLLIS STREET, EMERYVILLE, CA 
 THIS FIFTH AMENDMENT TO LEASE (this
“Fifth Amendment”), dated as of October 15, 2010 (the “Effective Date”), is entered into by and between ES EAST, LLC, a California limited liability company (“Landlord”), and AMYRIS, INC., a
Delaware corporation (“Tenant”), with reference to the following facts: 
 A. Landlord (as
successor-in-interest to ES East Associates, LLC) and Tenant (as successor-in-interest to Amryis Biotechnologies, Inc., a California corporation) are parties to that certain Lease dated as of August 22, 2007 (the “Original
Lease”), as amended by that certain First Amendment to Lease dated as of March 10, 2008 (the “First Amendment”), that certain Second Amendment to Lease dated as of April 25, 2008 (the “Second
Amendment”), that certain Third Amendment to Lease dated as of July 31, 2008 (the “Third Amendment”), that certain Commencement Date Agreement dated October 14, 2008 (the “Commencement Date
Agreement”), and that certain Fourth Amendment to Lease dated as of November 14, 2009 (the “Fourth Amendment”) (the Original Lease, as amended by the First Amendment, the Second Amendment, the Third Amendment, the
Commencement Date Agreement and the Fourth Amendment, is referred to herein as the “Lease”). 
 B. Pursuant to
the Lease, Landlord leases to Tenant space containing approximately 91,571 rentable square feet (the “Premises”) described as Suite Number 100 on the first (1st) floor and Suite Numbers 200 and 250 on the second
(2nd) floor of the building commonly known as EmeryStation East, located at 5885 Hollis Street, Emeryville, California (the “Building”). 
 C. Landlord and Tenant now desire to amend the Lease to add additional space in the Building to the Premises, such space containing a total of approximately 21,813 rentable square feet, and
comprising the following suites: 
  

									
	(a)	    	“Suite 155”	  	 	–	  	  	5,396 rsf
	(b)	    	“Suite 165”	  	 	–	  	  	5,396 rsf
	(c)	    	“Suite 170”	  	 	–	  	  	3,669 rsf
	(d)	    	“Suite 180”	  	 	–	  	  	7,352 rsf
		    		  				  	 
		    		  	 	Total	  	  	21,813 rsf

 Suite
155, Suite 165, Suite 170, Suite 180 and the portions of the first (1st) floor of the Building that had previously constituted Common Areas prior to Tenant’s lease of the entire first (1st) floor by the addition of the Fifth Amendment Expansion Space, namely the corridor, restrooms and lobby/seating
area (collectively, the “Fifth Amendment Expansion Space”) are shown on Exhibit A attached hereto and incorporated herein. Collectively, the Fifth Amendment 

 
Expansion Space shall be referred to as “Suite 150” and added to the Premises, on the terms and conditions set forth in this Fifth Amendment. 

NOW, THEREFORE, in consideration of the above recitals, which by this reference are incorporated herein, the mutual covenants and
conditions contained herein and other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, Landlord and Tenant agree as follows: 
 1. Fifth Amendment Expansion 
 (a) Terms of Lease for Fifth Amendment
Expansion Space. 
 (i) Fifth Amendment Expansion Space Commencement Date. The term of the Lease
with respect to the Fifth Amendment Expansion Space (the “Fifth Amendment Expansion Space Term”) shall commence on the Fifth Amendment Expansion Space Commencement Date (as hereafter defined) and shall expire on the Expiration Date
(i.e., May 31, 2018) (subject to extension pursuant to Section 2.8 of the Lease, as amended herein). The “Fifth Amendment Expansion Space Commencement Date” shall be the date upon which Landlord delivers (or
would have delivered, absent the impact of any Tenant Delay) exclusive possession of the Fifth Amendment Expansion Space to Tenant with (i) the Landlord Fifth Amendment Expansion Work (defined in the “Fifth Amendment Expansion
Workletter” attached hereto as Exhibit B) Substantially Complete, (ii) the Fifth Amendment Expansion Space in “broom clean” condition and with all Building systems in good working order, (iii) the Air Handler Unit
(defined in Section 5) installed and in good working order, and (iv) the portions of the first (1st) floor of the Building that had previously constituted Common Areas prior to Tenant’s lease of the entire first (1st) floor by the addition of the Fifth Amendment Expansion Space (i.e., corridor, restrooms and lobby/seating
area) in good working order and in compliance with all Law as applicable and as interpreted as of the Effective Date hereof, including all building codes and the ADA. Landlord shall provide Tenant with written notice of the date that is twenty
(20) days prior to the date that Landlord reasonably anticipates that the Landlord Fifth Amendment Expansion Work will be Substantially Complete. Tenant shall be allowed access into the Fifth Amendment Expansion Space from and after such date
specified by Landlord in such notice for installation of furniture, fixtures, phone and cabling, provided that such early access shall not interfere with the completion of the Landlord Fifth Amendment Expansion Work. Any such early entry shall be
subject to all the terms and provisions of the Lease, as amended by this Fifth Amendment, except that Tenant shall have no obligation to pay Monthly Base Rent, Additional Rent or other charges with respect to the Fifth Amendment Expansion Space
during such early entry period other than the payment of Operating Expenses and Taxes on the Fifth Amendment Expansion Space as explicitly called for in Section 1(a)(ii) hereof. Within thirty (30) days following the occurrence of the Fifth
Amendment Expansion Space Commencement Date, Landlord and Tenant shall enter into a “Fifth Amendment Expansion Space Commencement Date Agreement” (the form of which shall be substantially the same as Rider 1 attached to the Original
Lease) confirming the Fifth Amendment Expansion Space Commencement Date, the monthly Air Availability Fee (defined in Section 5), and, if applicable, the Fifth Amendment Expansion Allowance Monthly Amortization Payments (more fully defined in
Section 4(b)(i) of the Fifth Amendment Expansion Workletter). If Tenant fails to enter into the Fifth Amendment Expansion Space Commencement Date Agreement (provided 

  
 2 

 
the same is accurate), then the Fifth Amendment Expansion Space Commencement Date, the amount of the monthly Air Availability Fee, and, if applicable, the amount of the Fifth Amendment Expansion
Allowance Monthly Amortization Payments shall all be as designated by Landlord in the Fifth Amendment Expansion Space Commencement Date Agreement. 
 (ii) Payment of Operating Expenses during Construction. Irrespective of the Fifth Amendment Expansion Space Commencement Date as established above, Tenant agrees to commence payment of the Rent
Adjustments and Rent Adjustment Deposits applicable to the Fifth Amendment Expansion Space (which represent the pro-rata share of Operating Expenses and Taxes applicable to the Fifth Amendment Expansion Space) commencing on the Effective Date
hereof. 
 (iii) Delay in Delivery. Landlord and Tenant anticipate that the Fifth Amendment Expansion Space Commencement
Date shall occur by February 2, 2011, and Landlord shall use commercially reasonable efforts in pursuing the Fifth Amendment Expansion Space Commencement Date. Landlord shall not be liable to Tenant for any failure or delay in delivering the
Fifth Amendment Expansion Space to Tenant by any anticipated date; provided, however, if the Fifth Amendment Expansion Space Commencement Date has not occurred on or before March 2, 2011 for any reason other than a Tenant Delay, Tenant shall
receive one (1) day of abatement of Monthly Base Rent with respect to the Fifth Amendment Expansion Space for each day between March 2, 2011 and the actual Fifth Amendment Expansion Space Commencement Date, with such Monthly Base Rent
abatement to be applied to the first month(s) of Monthly Base Rent with respect to the Fifth Amendment Expansion Space payable under this Fifth Amendment. 
 (iv) Defined Terms. For purposes of incorporation from the Lease into this Fifth Amendment, in the term “Substantially Complete or Substantial Completion”, and in the term “Tenant
Delay”, as such terms are defined in the Original Lease, (a) “Landlord Fifth Amendment Expansion Work” shall be substituted for “Landlord Work”, (b) “Fifth Amendment Expansion Space” shall be substituted
for “Premises”, (c) “Fifth Amendment Expansion Workletter” shall be substituted for “Workletter”, (d) “Landlord’s Architect” (as defined in the Fifth Amendment Expansion Workletter) shall be
substituted for the “Architect”, and (e) “December 31, 2010” shall be substituted for “Projected Commencement Date”). 
 (v) Landlord’s Lease Obligations Applicable to Landlord Fifth Amendment Expansion Work. Landlord’s insurance, indemnity, ADA and restoration obligations under the Lease with respect to
the “Landlord Work” as set forth in the Original Lease are hereby modified to mean and include the Landlord Fifth Amendment Expansion Work. 
 (b) Addition of Fifth Amendment Expansion Space. Effective as of the Fifth Amendment Expansion Space Commencement Date, the “Premises” shall be increased by the addition of the Fifth
Amendment Expansion Space. Following the addition of the Fifth Amendment Expansion Space, the Premises shall contain approximately 113,384 rentable square feet and consist of the entirety of the first (1st) and second (2nd) floors of the Building other than the main lobby and
elevators, the security and fire control room adjacent thereto, and the shared lobby to the freight elevator. The Fifth Amendment Expansion Space shall be subject to all the terms and conditions of the Lease as expressly modified hereby. 

  
 3 

 (c) Condition of Fifth Amendment Expansion Space. Tenant shall notify Landlord in
writing of any “punch list items” with respect to the Landlord Fifth Amendment Expansion Work, or any patent defects claimed by Tenant in the materials or workmanship furnished by Landlord in completing the Landlord Fifth Amendment
Expansion Work and/or the Air Handler Unit (defined in Section 5 below), or any failure of the Building systems to be in good working order, within thirty (30) days after the Fifth Amendment Expansion Space Commencement Date. Landlord
shall proceed diligently to correct the items stated in such notice (and shall use commercially reasonable efforts to complete the correction of such items within thirty (30) days after the delivery of such notice by Tenant to Landlord, to the
extent such work can reasonably be accomplished within thirty (30) days) or, if Landlord disputes the existence of any such items, the decision of Landlord’s Architect with respect to the Landlord Fifth Amendment Expansion Work, and of
Landlord’s Engineer (defined in the Fifth Amendment Expansion Workletter) with respect to the Air Handler Unit or the Building systems, as applicable, shall be final and binding on the parties, and Landlord shall proceed promptly after the
decision of Landlord’s Architect or Landlord’s Engineer, as applicable, to correct such items in accordance with the immediately preceding sentence. No agreement of Landlord to alter, remodel, decorate, clean or improve the Fifth Amendment
Expansion Space and no representation regarding the condition of the Fifth Amendment Expansion Space in connection with Tenant’s occupancy has been made by or on behalf of Landlord to Tenant, except as may be specifically stated in this Fifth
Amendment or in the Fifth Amendment Expansion Workletter. 
 (d) Surrender Obligations. Section 12.1 of the Original
Lease (as amended by the First Amendment) is hereby further amended to add that, upon the expiration or earlier termination of the Lease (as amended hereby), (i) Tenant shall have no obligation to remove (A) the Landlord Fifth Amendment
Expansion Work (including, without limitation, the Nitrogen Room, as defined in Section 4) or any portion thereof. 
 2.
Monthly Base Rent. 
 (a) Fifth Amendment Expansion Space Monthly Base Rent. From and after the Fifth Amendment
Expansion Space Commencement Date, Tenant shall pay Monthly Base Rent with respect to the Fifth Amendment Expansion Space for the periods set forth below as follows: 

  
 4 

					
	 Period of Fifth Amendment
 Expansion Space Term
	 	 Monthly Base Rent
per
 Rentable Square Foot of
 Fifth Amendment
 Expansion Space
	 	 Monthly Base Rent
 for Fifth Amendment

Expansion Space

	Months 1 – 12*	 	$3.05	 	$66,529.65
	Months 13 – 24	 	$3.14	 	$68,492.82
	Months 25 – 36	 	$3.24	 	$70,674.12
	Months 37 – 48	 	$3.33	 	$72,637.29
	Months 49 – 60	 	$3.43	 	$74,818.59
	Months 61 – 72	 	$3.54	 	$77,218.02
	Months 73 – 84	 	$3.64	 	$79,399.32
	Months 85 – Expiration Date	 	$3.75	 	$81,798.75

 *These 12-month periods commence on the Fifth Amendment Expansion Space Commencement Date. If the Fifth
Amendment Expansion Space Commencement Date is other than the first (1st) day of a calendar month, the first 12-month period shall be deemed to include such partial calendar month and the twelve (12) full calendar months thereafter.
Monthly Base Rent with respect to the Fifth Amendment Expansion Space for any partial calendar month during the Fifth Amendment Expansion Space Term shall be prorated on a daily basis based on the actual number of days in such calendar month.

 (b) Payment of Rent; Tenant’s Share. All Monthly Base Rent set forth in Section 2(a) above shall be paid in
accordance with the terms and conditions of Article 3 of the Original Lease. In addition, Tenant shall continue to be responsible for payment of all other monetary obligations owing under the Lease, including, without limitation, payment of Rent
Adjustments, Rent Adjustment Deposits, Deferred Rent Loan Payments, Additional Tenant Improvement Monthly Allowance Payments, Additional Expansion Allowance payments and Third Amendment Allowance Monthly Amortization Payments in accordance with the
terms of the Lease and of Section 1(a)(ii) above. From and after the Effective Date hereof, Tenant’s Share shall be increased from 36.98% to 45.79% to reflect Tenant’s obligation pursuant to Section 1(a)(ii) above to commence
payment of Rent Adjustments and Rent Adjustment Deposits applicable to the Fifth Amendment Expansion Space on the Effective Date hereof. 
 3. Fifth Amendment Signing Fee. In consideration of Tenant entering into this Fifth Amendment, Landlord shall pay to Tenant the sum of $51,000.00 in cash (the “Signing Fee”) within
thirty (30) days following the Effective Date. In the event Landlord fails to pay the Signing Fee within such thirty (30)-day period, Tenant shall have the right to offset the amount of the Signing Fee against any Rent that becomes due and
payable under the Lease, until the amount of the Signing Fee has been fully recouped by Tenant. 
 4. Nitrogen Generator
Room. Landlord, as part of the Landlord Fifth Amendment Expansion Work, shall construct one (1) room on the P2 parking level on the north end of the Building garage in the location indicated in Exhibit C hereof, for the purpose of
housing a nitrogen generator to serve the Fifth Amendment Expansion Space (the “Nitrogen Room”). Tenant shall pay a Garage Storage Fee (based on the 371 usable square foot size of the Nitrogen Room) at the rates then in effect
pursuant to Section 1.1(14) of the Original Lease. No Operating Expenses or Taxes shall be payable in connection with Tenant’s use of the Nitrogen Room; provided however that Tenant shall be responsible for the cost of utilities (without
mark-up) 

  
 5 

 
consumed in connection with the Nitrogen Room as well as for any and all maintenance and repairs to the Nitrogen Room which are not covered under any contractor warranty to correct defects in
materials or workmanship in the construction thereof as part of the Landlord Fifth Amendment Expansion Work; provided, however, Landlord shall be responsible for paying the cost of any maintenance or repairs to the Nitrogen Room caused by the
negligence or willful misconduct of Landlord or its agents, employees or contractors. Tenant’s indemnity obligations under the Lease (as amended hereby) shall apply with respect to Tenant’s use of the Nitrogen Room. 

5. Air Supply. In addition to the Fifth Amendment Expansion Work, prior to, and as a condition precedent to the occurrence of, the
Fifth Amendment Expansion Space Commencement Date, Landlord shall, in a good and workmanlike manner and in compliance with all Laws, including building codes and the ADA, as applicable and as interpreted at the time of installation, (i) install
an air handler unit (“Air Handler Unit”) on the roof of the Building to supply and circulate air in and to the Fifth Amendment Expansion Space, and (ii) install all associated duct work from the Air Handler Unit to the point of
connection within the Fifth Amendment Expansion Space, items (i) and (ii) above to be collectively referred to as the “Air Handler and Main Air Duct Work”. The size of the Air Handler Unit necessary to serve the Fifth
Amendment Expansion Space shall be reasonably determined by Landlord’s Engineer (as defined in the Fifth Amendment Expansion Workletter), and shall be subject to the reasonable written approval of Landlord and Tenant. Landlord shall pay the
out-of-pocket cost incurred to perform the Air Handler and Main Air Duct Work up to a total amount not to exceed $750,000, such amount to be referred to as “Landlord’s Air Handler and Main Air Duct Work Cost”. Any balance of
the out-of-pocket cost to perform the Air Handler and Main Air Duct Work above this $750,000 not-to-exceed amount shall be borne by Tenant as part of the Fifth Amendment Tenant Improvement Costs more fully defined in the Fifth Amendment Expansion
Workletter. Landlord’s Air Handler and Main Air Duct Work Cost (not to exceed $750,000) shall be amortized over a period of 180 months (i.e., 15 years) (the “Air Handler Amortization Period”) at an annual interest rate
of 10.5%, compounded monthly, in equal monthly installments, with the monthly installments for the pro rata portion of the Air Handler Amortization Period that commences on the Fifth Amendment Expansion Space Commencement Date and ends on the
Termination Date to be payable by Tenant (each such monthly amortization payment payable by Tenant hereunder being referred to herein as the “Air Availability Fee”). Landlord, as part of Operating Expenses, shall maintain the Air
Handler Unit and the associated duct work in good condition and repair throughout the Term. Landlord and Tenant shall confirm in writing the monthly amount of the Air Availability Fee as part of the Fifth Amendment Expansion Space Commencement Date
Agreement. Tenant’s obligation to pay the Air Availability Fee shall commence on the Fifth Amendment Expansion Space Commencement Date and shall continue on the first day of each month for the remainder of the Fifth Amendment Expansion Space
Term (or until the Termination Date, if the Termination Date occurs earlier than the scheduled Expiration Date). The Air Availability Fee shall constitute additional Rent under the terms of the Lease (as amended hereby). Landlord shall have the sole
and absolute right to purchase an Air Handler with greater capacities than those necessary, in Landlord’s Engineer’s reasonable opinion, and as reasonably approved in writing by Landlord and Tenant, to serve the needs of the Fifth
Amendment Expansion Space so long as Landlord shall solely bear the cost of such an increase in the Air Handler size (“Landlord’s Air Handler Upsizing Right”). Any extra HVAC capacities created by Landlord invoking its Air
Handler Upsizing 

  
 6 

 
Right shall be the property of Landlord, available for Landlord to use (or not) to supply and circulate air in and to any space in the Building Landlord may elect. If Landlord does not use
Landlord’s Air Handler Upsizing Right, then in the event at any time during the Term Landlord proposes to use the Air Handler Unit to supply and circulate air in and to any other premises in the Building in addition to the Fifth Amendment
Expansion Space, then, prior to, and as a condition of, using the Air Handler Unit to supply and circulate air to such other premises, (i) Landlord shall provide documentation to Tenant demonstrating that use of the Air Handler Unit for such
other premises will not result in the air supplied and circulated to the Fifth Amendment Expansion Space by the Air Handler Unit being less than that required under applicable regulatory requirements, and (ii) Landlord and Tenant shall have
agreed in writing upon an equitable reduction of the Air Availability Fee and maintenance costs of the Air Handler Unit payable by Tenant as a result of the use of the Air Handler Unit for such other premises in addition to the Fifth Amendment
Expansion Space. 
 6. Emergency Power. Pursuant to the Approved Construction Drawings for Suites 100, 200 and the
Expansion Premises, the access to standby emergency power granted by Landlord to Tenant therein measures 144 kVA. Tenant is hereby granted access to an additional 47 kVA of emergency power to supply the needs it has identified to Landlord’s
Engineer (as defined in the Fifth Amendment Expansion Workletter), such that Tenant shall have access to a total of 191 kVA of standby emergency power for the Premises as expanded by inclusion of the Fifth Amendment Expansion Space. 

7. Control Areas. Landlord has granted Tenant use throughout the Term of two (2) Control Areas (as they
relate to hazardous materials and chemical use and as such are defined by and apply to laws and regulations and building codes) for Suites 100 and 200 together and has granted Tenant use throughout the Term of an additional Control Area for the
Expansion Premises. Landlord hereby grants Tenant use throughout the Term of an additional, fourth (4th) Control Area for the Fifth Amendment Expansion Space. 
 8. Signage.
Section 6.7(b) of the Original Lease is hereby terminated and shall be of no further force or effect, and Tenant’s right to install exterior signage shall be pursuant to the following language, which shall replace Section 6.7(b) of
the Original Lease: 
 In addition to Tenant’s rights under Section 6.7(a), Tenant shall have the right
to install and maintain, at Tenant’s sole cost and expense, for Tenant’s exclusive use, one (1) exterior sign at the top parapet of the Building at a location selected by Tenant and reasonably approved by Landlord. Tenant shall comply
with any and all Laws applicable to such Building signage, and Tenant shall not install any Building signage without having obtained all necessary permits and licenses. Such exterior Building signage shall be subject to Landlord’s prior
approval as to size (provided that, to the extent that the Project is subject to a maximum amount or area of such signage, Tenant shall be entitled to utilize up to Tenant’s Share of such maximum amount for Tenant’s signage), lettering,
materials, color, lighting and content of the sign, which approval shall not be unreasonably withheld, conditioned or delayed. Landlord shall provide its response to Tenant’s submittals of such signage design and content

  
 7 

 
under this subsection within seven (7) business days after Landlord’s receipt of such information. Landlord’s approval shall be deemed given if Landlord fails to respond within
such seven (7) business day period. Tenant, at Tenant’s sole cost and expense, shall maintain such exterior Building signage in good condition and repair throughout the Term of this Lease and shall, prior to the Expiration Date or sooner
termination of this Lease, remove such exterior Building signage and repair any damage to the Property resulting therefrom. 

9. No Early Termination Right. Section 2.13 of the Original Lease (Termination Option) is hereby terminated and shall have no
further force or effect. In consideration of Tenant’s agreement to terminate Section 2.13 of the Original Lease, Landlord shall pay to Tenant the sum of $965,000.00 in immediately available funds (the “Termination Waiver
Fee”) within sixty (60) days following the Effective Date. In the event Landlord fails to pay the Termination Waiver Fee within such sixty (60)-day period, Tenant shall have the right to offset the amount of the Termination Waiver Fee
against any Rent that becomes due and payable under the Lease until the amount of the Termination Waiver Fee has been fully recouped by Tenant. 
 10. Parking. Section 1.1(13) of the Original Lease (as amended by the First Amendment) is hereby further amended to reflect the addition of the Fifth Amendment Expansion Space as of the Fifth
Amendment Expansion Space Commencement Date, so that as of the Fifth Amendment Expansion Space Commencement Date Tenant may use up to an additional two (2) spaces per 1,000 rentable square feet of the Fifth Amendment Expansion Space
(i.e., 44 spaces based on 21,813 rentable square feet), for a total, combined with the 184 spaces based on the existing Premises, of 228 parking spaces in the Building garage (218 unreserved, 10 reserved), under the same terms and conditions
set forth in the Lease with respect to the parking spaces in the Building garage for the existing Premises. 
 11. Renewal
Option. Section 2.8(a) of the Original Lease is hereby amended to reflect that Tenant shall have the right to exercise the Renewal Option to extend the term of the Lease for the Renewal Term with respect to, in Tenant’s sole discretion
(i) the entire Premises of 113,384 rentable square feet, or (ii) the 70,691 rentable square foot original Premises only, or (iii) the 20,880 rentable square foot Expansion Premises plus the 21,813 rentable square foot Fifth
Amendment Expansion Space. 
 12. Recapture. Article (ii) of the first paragraph of Section 10.2 of the Lease
regarding recapture shall be expanded so as to also refer to the entirety of the Fifth Amendment Expansion Space. 
 13. No
Ground or Underlying Lease; Consent of Lender. Landlord hereby represents and warrants to Tenant that as of the Effective Date there is no ground or underlying lease of the Real Property. Tenant’s obligations under this Fifth Amendment are
conditioned upon Principal Life Insurance Company (“Lender”), as Lender under that certain Subordination, Non-Disturbance and Attornment Agreement dated as of October 31, 2008 executed by and among Landlord, Tenant and Lender,
and recorded on October 31, 2008 as Instrument No. 2008-320952 in the Official Records of Alameda County, California, consenting in writing to this Fifth Amendment by executing the Consent of Lender in the form attached hereto or such
other form 

  
 8 

 
as is reasonably acceptable to Tenant (the “Consent”). Landlord shall use commercially reasonable efforts to obtain the Consent as soon as reasonably possible after the Effective
Date. 
 14. Miscellaneous. 
 (a) This Fifth Amendment and the exhibits attached hereto, which are incorporated herein by this reference, set forth the entire agreement between the parties with respect to the matters set forth herein.

 (b) Except as herein modified or amended, the provisions, conditions and terms of the Lease shall remain unchanged and in
full force and effect. 
 (c) In the case of any inconsistency between the provisions of the Lease and this Fifth Amendment, the
provisions of this Fifth Amendment shall govern and control. 
 (d) Neither Landlord nor Tenant shall be bound by this Fifth
Amendment until each of Landlord and Tenant has executed and delivered the same to the other. 
 (e) Capitalized terms used in
this Fifth Amendment shall have the same definitions as set forth in the Lease to the extent that such capitalized terms are defined therein and not redefined in this Fifth Amendment. 

(f) Each of Landlord and Tenant hereby represents to the other that it has not dealt with any broker in connection with this Fifth
Amendment. Each of Landlord and Tenant agrees to defend, indemnify and hold the other harmless from all claims of any brokers claiming to have represented the indemnifying party in connection with this Fifth Amendment. 

(g) Each signatory of this Fifth Amendment represents hereby that he or she has the authority to execute and deliver the same on behalf
of the party hereto for which such signatory is acting. 
 (h) Tenant represents and warrants to Landlord that Tenant is
currently in compliance with and shall at all times during the Term (including any extension thereof) remain in compliance with the regulations of the Office of Foreign Asset Control (“OFAC”) of the Department of the Treasury and
any statute, executive order (including the September 24, 2001, Executive Order Blocking Property and Prohibiting Transactions with Persons Who Commit, Threaten to Commit, or Support Terrorism), or other governmental action relating thereto.

 (i) This Fifth Amendment may be executed in multiple counterparts each of which is deemed an original but together constitute
one and the same instrument. This Fifth Amendment may be executed in so-called “pdf” format and each party has the right to rely upon a pdf counterpart of this Fifth Amendment signed by the other party to the same extent as if such party
had received an original counterpart. 

  
 9 

 IN WITNESS WHEREOF, the undersigned have duly executed this Fifth Amendment on the date(s)
set forth below, effective as of the Effective Date. 

 

			
	 TENANT:
  

AMYRIS, INC.,
 a Delaware
corporation

		
	By: 	 	/s/ Tamara L. Tompkins
		
	Print Name: 	 	Tamara L. Tompkins
		
	Its: 	 	Secretary & General Counsel
		
	By: 	 	 
		
	Print Name: 	 	 
		
	Its: 	 	 
		 	

					
	 LANDLORD:
  

ES EAST, LLC,
 a California limited liability
company

		
	By: 	 	 ES EAST ASSOCIATES, LLC,
 a California limited liability company

	Its: 	 	Managing Member
			
		 	By: 	 	/s/ Richard K. Robbins      
		 		 	Richard K. Robbins
		 	Its:	 	Managing Member

 

  
 10 

 CONSENT OF LENDER 
 The undersigned, Principal Life Insurance Company (“Lender”), the Lender under that certain Subordination, Non-Disturbance and Attornment Agreement dated as of October 31, 2008 executed by
and among ES East, LLC (“Landlord”), Amyris, Inc., successor-in-interest to Amyris Biotechnologies, Inc. (“Tenant”), and Lender, and recorded on October 31, 2008 as Instrument No. 2008-320952 in the Official Records of
Alameda County, California (the “SNDA”), hereby consents to the entering into of the foregoing Fifth Amendment to Lease dated as of October __, 2010 between Landlord and Tenant. 
 LENDER: 
 PRINCIPAL LIFE INSURANCE COMPANY, 

an Iowa corporation 
  

					
	By: 	 	 Principal Real Estate Investors, LLC,
 a Delaware limited liability company,
 its authorized signatory

			
		 	By: 	 	 
			
		 	Name: 	 	 
			
		 	Its: 	 	 

  

					
			
	Date: 	 	 	 	 , 2010
		 		 	

 EXHIBIT A 
 FIFTH AMENDMENT EXPANSION SPACE 

 

 

  
 EX A

 EXHIBIT B 
 FIFTH AMENDMENT EXPANSION WORKLETTER 
 This Fifth Amendment Expansion Workletter
Agreement (“Workletter”) is attached to and a part of a certain Fifth Amendment to Lease dated as of October __, 2010 (the “Fifth Amendment”) by and between ES EAST, LLC, a California limited liability company, as
Landlord, and AMYRIS, INC., a Delaware corporation, as Tenant. 
 1. Defined Terms. Capitalized terms used in this
Workletter shall have the same meanings set forth in the Lease (as amended by the Fifth Amendment) except as otherwise specified herein and except for terms capitalized in the ordinary course of punctuation. For purposes of this Workletter the
following capitalized terms have the following meanings: 
 1.1 “Design Documents” means the layout plans and
specifications for the real property improvements to be constructed by Landlord in the Fifth Amendment Expansion Space which are the final product of the preliminary space planning and which (i) will include the Nitrogen Room; (ii) will be
based upon, among other things, the preliminary space plan attached to this Workletter as Schedule 1; and (iii) comply with all Law as applicable and as interpreted at the time of construction of the Fifth Amendment Tenant Improvements
(defined below), including, all building codes and the ADA; 
 1.2 “Construction Drawings” means the final
architectural plans and specifications, and engineering plans and specifications, for the real property improvements to be constructed by Landlord in the Fifth Amendment Expansion Space in sufficient detail to be submitted for governmental approvals
and building permits and to serve as the detailed construction drawings and specifications for the contractor, and shall (i) be based upon and consistent with the Design Documents, and (ii) comply with all Laws as applicable and as
interpreted at the time of construction of the Fifth Amendment Tenant Improvements (defined below), including all building codes and the ADA; 
 1.3 “Fifth Amendment Tenant Improvements” means all real property improvements to be constructed by Landlord as shown on the Construction Drawings, as they may be modified as provided herein;
and 
 1.4 “Landlord Fifth Amendment Expansion Work” means the construction and installation of the Fifth Amendment
Tenant Improvements. 
 2. Design Matters. 
 2.1. Landlord, through its architect DGA Architects (“Landlord’s Architect”) and its mechanical, electrical and plumbing engineer Flack & Kurz (“Landlord’s
Engineer”), shall prepare the Design Documents and the Construction Drawings, as they may be modified as provided herein, in accordance with the design specified by Tenant and reasonably approved by Landlord. Landlord shall deliver the
Design Documents to Tenant for review by no later than five (5) days after the Effective Date hereof. Landlord shall deliver the Construction Drawings to Tenant for review within twenty (20) days after Tenant’s written approval
of the Design Documents. 

  
 EX B

 2.2. Tenant shall be responsible for the suitability for the Tenant’s needs and
business of the design and function of all Fifth Amendment Tenant Improvements. Tenant, at its own expense, shall devote such time and provide such instructions as may be necessary to enable Landlord to complete the matters described below, and
Tenant shall respond with respect to such matters, within the times described below: 
 (a) Within five (5) days after
receipt of the Design Documents from Landlord, Tenant shall deliver written notice to Landlord of either Tenant’s approval of the Design Documents or Tenant’s reasonable disapproval thereof, in which event Tenant’s notice shall
specify the changes requested to the Design Documents as a condition of Tenant’s approval. If Tenant delivers notice of disapproval, within ten (10) days after Landlord’s receipt thereof Landlord shall deliver a revised set of Design
Documents to Tenant which shall incorporate the changes specified in Tenant’s notice of disapproval. Tenant shall provide final written approval of the revised Design Documents within five (5) days after receipt thereof; and 

(b) Within fifteen (15) days after Landlord and Tenant have agreed upon the Approved Construction Drawings (defined below),
Landlord shall prepare and deliver to Tenant a nonbinding preliminary estimate (“Landlord’s Preliminary Estimate”) of the Fifth Amendment Tenant Improvement Costs (defined in Section 3.2 below). Tenant shall review and
provide either its written approval of Landlord’s Preliminary Estimate or its objections thereto within five (5) days after receipt thereof. If Tenant notifies Landlord of any objections to Landlord’s Preliminary Estimate, Landlord
and Tenant shall work together in good faith to reach a mutually acceptable alternative cost estimate as soon as reasonably practicable; and 
 (c) Within five (5) days after receipt of the Construction Drawings from Landlord, Tenant shall deliver written notice to Landlord of either Tenant’s approval of the Construction Drawings or
Tenant’s reasonable disapproval thereof, in which event Tenant’s notice shall specify the changes requested to the Construction Drawings as a condition of Tenant’s approval. If Tenant delivers notice of disapproval, within ten
(10) days after Landlord’s receipt thereof Landlord shall deliver a revised set of Construction Drawings to Tenant which shall incorporate the changes specified in Tenant’s notice of disapproval. Tenant shall provide final written
approval of the revised Construction Drawings within five (5) days after receipt thereof. The Construction Drawings approved by Tenant shall be referred to herein as the “Approved Construction Drawings”. 

3. Construction; Landlord’s Contribution; Fifth Amendment Tenant Improvement Costs. 

3.1. Construction; Landlord’s Contribution. Landlord, through its general contractor DPR (“Contractor”),
shall complete the construction of the Fifth Amendment Tenant Improvements in a good and workmanlike manner and in accordance with the Approved Construction Drawings and Landlord’s Preliminary Estimate approved by Tenant. Tenant shall have the
right to reasonably review and approve of all major subcontractors proposed to be used by Contractor. 
 3.2. Fifth Amendment
Tenant Improvement Costs. Except as otherwise set forth herein, the hard and soft costs of designing, permitting and constructing the Fifth Amendment Tenant Improvements in accordance with the Approved Construction Drawings, Landlord’s
Preliminary Estimate approved by Tenant and any Change Orders approved in 

  
 2 

 
writing by Tenant (“Fifth Amendment Tenant Improvement Costs”), shall be borne by Tenant in accordance with the terms and conditions set forth herein. The Fifth Amendment Tenant
Improvement Costs shall include without limitation the following items: 
 (a) The costs of Landlord’s Architect,
Landlord’s Engineer, the Contractor, suppliers and subcontractors and any other consultants retained by Landlord and approved in writing by Tenant in connection with the preparation of Design Documents and Constructions Drawings related to the
construction of the Fifth Amendment Tenant Improvements; 
 (b) All costs of obtaining from the City of Emeryville and any
other governmental authority, approvals, building permits and occupancy permits, if any; 
 (c) All costs of designing,
constructing and installing the Fifth Amendment Tenant Improvements (including without limitation, the Nitrogen Room and the generator and other related equipment therein) in compliance with all applicable Laws, including with all building codes and
the ADA, as interpreted at the time of construction (other than those relating to deficiencies in the Common Areas as of the Effective Date of the Fifth Amendment as more specifically addressed in this Section below); and 

(d) A fee to Landlord for coordination and supervision of the Fifth Amendment Tenant Improvements equal to three percent
(3%) of the cost of the Fifth Amendment Tenant Improvements. 
 The Fifth Amendment Tenant Improvement Costs shall be
paid by Tenant pursuant to the terms of Section 4 below. Notwithstanding anything to the contrary set forth in this Workletter or the Fifth Amendment, the Fifth Amendment Tenant Improvement Costs shall not include, and Landlord, and not Tenant,
shall be responsible for paying, the cost of bringing the portions of the first (1st) floor of the Building that had previously constituted Common Areas prior to Tenant’s lease of the entire first (1st) floor by the addition of the Fifth Amendment Expansion Space (i.e., corridor, restrooms and lobby/seating
area) into good working order and compliance with all Law as applicable and as interpreted as of the Effective Date of the Fifth Amendment, including all building codes and the ADA. In addition, the Fifth Amendment Tenant Improvements do not include
Landlord’s Air Handler and Main Air Duct Work Cost, as defined in Section 5 of the Fifth Amendment. 
 3.3.
Limitations of Landlord’s Obligations. Upon Substantial Completion of the Fifth Amendment Tenant Improvements, Landlord shall have no further obligation to construct improvements or construct modifications to or changes in the Fifth
Amendment Tenant Improvements, except to complete the punchlist of the Landlord Fifth Amendment Expansion Work remaining to be completed or correct any part thereof not in compliance with the Approved Construction Drawings and any approved
modifications thereof and to cause the Fifth Amendment Expansion Space to be in the condition required in Section 1(c) of the Fifth Amendment. 
 4. Tenant’s Payment of Fifth Amendment Tenant Improvement Costs. Within five (5) days following Tenant’s written approval of Landlord’s Preliminary Estimate, Tenant shall, in
writing, give Landlord authorization to complete the Fifth Amendment Tenant Improvements in accordance with the Approved Construction Drawings. Tenant’s authorization letter shall also 

  
 3 

 
notify Landlord how much, if any, of the Fifth Amendment Expansion Allowance (as defined in Section 4(b) below) Tenant wishes to utilize towards its payment of the Fifth Amendment Tenant
Improvement Costs. The positive difference, if any, between (i) the Landlord’s Preliminary Estimate approved by Tenant, and (ii) the amount of the Fifth Amendment Expansion Allowance Tenant authorizes be applied towards payment of the
Fifth Amendment Tenant Improvement Costs, shall be referred to as “Tenant’s Estimated Share of Fifth Amendment Tenant Improvement Costs”. The ratio of Tenant’s Estimated Share of Fifth Amendment Tenant Improvement Costs to
the total estimated Fifth Amendment Tenant Improvement Costs set forth in the Landlord’s Preliminary Estimate approved by Tenant shall be referred to as “Tenant’s Contribution Ratio”. Monthly, as Landlord incurs Fifth
Amendment Tenant Improvement Costs, Landlord shall submit to Tenant invoices from Landlord’s Architect, Landlord’s Engineer, any other consultant retained by Landlord and approved in writing by Tenant or the Contractor, as applicable,
evidencing the same (a “Monthly TI Cost Summary”). Within fifteen (15) days of Tenant’s receipt of a Monthly TI Cost Summary from Landlord, Tenant shall remit to Landlord in immediately available funds an amount equal to the
product of: (a) ninety percent (90%) times (b) Tenant’s Contribution Ratio, times (c) the respective Monthly TI Cost Summary, said payment being referred to as a “Tenant Monthly TI Cost Payment”. 

(a) Final Costs of Fifth Amendment Tenant Improvements. Within fifteen (15) days after Substantial Completion of the Fifth
Amendment Tenant Improvements and Landlord’s completion of any punch list items and/or defects relating to the Fifth Amendment Tenant Improvements in accordance with the terms of Section 1(c) of the Fifth Amendment, Landlord shall submit
to Tenant a reconciliation of the final Fifth Amendment Tenant Improvement Costs (excluding any costs covered under contractor warranty to correct defects in materials or workmanship in the Fifth Amendment Tenant Improvements), accompanied by
invoices from Landlord’s Architect, Landlord’s Engineer, any other consultant retained by Landlord and approved in writing by Tenant and the Contractor evidencing the same (“Landlord’s Final TI Cost Summary”). Within
fifteen (15) days of Tenant’s receipt of Landlord’s Final TI Cost Summary, Tenant shall pay to Landlord in immediately available funds an amount equal to the positive difference, if any, between: (a) Landlord’s Final TI Cost
Summary, minus (b) the amount of the Fifth Amendment Expansion Allowance which Tenant authorized to be applied towards payment of Fifth Amendment Tenant Improvement Costs, minus (c) the total amount of Tenant Monthly TI Cost Payments
previously made by Tenant to Landlord pursuant to this Section 4. If the total amount of Tenant Monthly TI Cost Payments previously made by Tenant to Landlord pursuant to this Section 4 is greater than the positive difference between
(a) Landlord’s Final TI Cost Summary, minus (b) the amount of the Fifth Amendment Expansion Allowance which Tenant authorized to be applied towards payment of Fifth Amendment Tenant Improvement Costs, Landlord shall immediately remit
100% of such excess Tenant Monthly TI Cost Payments to Tenant. 
 (b) Fifth Amendment Expansion Allowance. On or before
December 31, 2010, Tenant may request from Landlord an amount of up to $750,000.00 (the “Fifth Amendment Expansion Allowance”) to apply towards Tenant’s payment of the Fifth Amendment Tenant Improvement Costs, subject to
the terms and conditions set forth herein. 
 (i) Repayment. The amount of the Fifth Amendment Expansion Allowance
funded by Landlord, if any, shall be amortized on a straight line basis over the period 

  
 4 

 
from the first (1st) day of the calendar month immediately following the Fifth Amendment Expansion Space Commencement Date to the Expiration Date, at an annual interest rate of 10.5%,
compounded monthly. Tenant shall pay such amortization payments in equal monthly installments to Landlord commencing on the first (1st) day of the calendar month immediately following the Fifth Amendment Expansion Space Commencement Date, and
continuing on the first day of each month for the remainder of the Fifth Amendment Expansion Space Term (such monthly amortization payments being referred to herein as the “Fifth Amendment Expansion Allowance Monthly Amortization
Payments”). The Monthly Base Rent owing under the Lease shall be increased by such Fifth Amendment Expansion Allowance Monthly Amortization Payments. 
 (ii) Other Lease Modifications. 
 (A) References to “Monthly Base
Rent” and “Rent” in Sections 1.1(8) and 1.3 of the Original Lease, as amended by the First Amendment and Third Amendment, shall be further amended pursuant to Section 4(b)(i) above with respect to the Fifth Amendment
Expansion Allowance Monthly Amortization Payments. The terms of Section 1.1(8) of the Original Lease with respect to the Deferred Base Rent shall not apply to the Fifth Amendment Expansion Allowance Monthly Amortization Payments. 

(B) In the “Excess Rent” provision contained in Section 10.3 of the Original Lease, as amended by the Third Amendment,
the phrase “and Fifth Amendment Expansion Allowance Monthly Amortization Payments” shall be inserted within the parenthetical in said section, which parenthetical shall now read as follows: “(excluding, however, any Deferred Rent Loan
Payments, Third Amendment Allowance Monthly Amortization Payments and Fifth Amendment Expansion Allowance Monthly Amortization Payments)”. 
 (C) Sections 6.5, 14.3, 15.1 and 15.2 of the Original Lease, with respect to the abatement and/or reduction of Rent, as amended by the Third Amendment, shall not apply to the Fifth Amendment Expansion
Allowance Monthly Amortization Payments. The parenthetical in Section 6.5 of the Original Lease is hereby terminated, shall have no further force or effect, and shall be replaced with the following: “(excluding, however, any Deferred Rent
Loan Payments, Additional Tenant Improvement Monthly Allowance Payments, Third Amendment Allowance Monthly Amortization Payments and Fifth Amendment Expansion Allowance Monthly Amortization Payments, which shall continue to be due and payable
regardless of any such rent abatement)”. 
 (D) If, for any reason, the Termination Date occurs earlier than the scheduled
Expiration Date, and Tenant has not yet paid in full the Fifth Amendment Expansion Allowance by the Termination Date, then the unamortized balance of the Fifth Amendment Expansion Allowance shall immediately become due and payable as of the
Termination Date. 
 (E) Section 25.8(ii)(a) of the Original Lease, as amended by the First Amendment and the Third
Amendment, shall be further amended to mean and include the Fifth Amendment Expansion Allowance. 

  
 5 

 5. Changes. If Tenant shall request any change, addition or alteration in the
Approved Construction Drawings, Landlord, within three (3) business days after receipt of such request, shall give Tenant a written estimate of (a) the cost of engineering and design services and the construction contractor services to
prepare a change order (the “Change Order”) in accordance with such request, (b) the cost of work to be performed pursuant to such Change Order, and (c) the time delay expected because of such requested Change Order.
Within three (3) business days following Tenant’s receipt of the foregoing written estimate, Tenant shall notify Landlord in writing whether it approves such written estimate. If Tenant approves such written estimate, then the amount of
the estimated cost so approved by Tenant shall be paid in accordance with Section 4 above. If such written authorization is not received by Landlord within such three (3) business day period, Landlord shall not be obligated to prepare the
Change Order or perform any work in connection therewith. Upon completion of the work of the Change Order and submission of the final cost thereof by Landlord to Tenant, Tenant shall pay to Landlord such cost in accordance with Section 4 above.
Any delay in Substantial Completion of the Fifth Amendment Tenant Improvements by the date set forth in the first sentence of Section 1(a)(iii) of the Fifth Amendment resulting from any approved Change Orders shall constitute a Tenant Delay.

 6. Dispute Resolution. In the event of any dispute between Landlord and Tenant regarding (i) the occurrence or
alleged occurrence, or the duration, of any Tenant Delay, or (ii) Substantial Completion of the Fifth Amendment Tenant Improvements (as the definition of Substantial Completion has been incorporated from the Lease into the Fifth Amendment
pursuant to Section 1(a)(iii) thereof), the parties agree to attempt to resolve such dispute promptly and in good faith; provided, however, that if the parties are unable to resolve such dispute within ten (10) days after such dispute
arises, they shall retain an independent third party architect familiar with the construction in the vicinity of the Building of tenant improvements similar in nature to the Fifth Amendment Tenant Improvements to arbitrate such dispute. Such third
party architect shall have the authority to make a final and binding resolution of such dispute, and the parties shall share equally the fees and charges of such architect. 
 7. Force and Effect. The terms and conditions of this Workletter supplement the Fifth Amendment and shall be construed to be a part of the Fifth Amendment and are incorporated in the Fifth
Amendment. Without limiting the generality of the foregoing, any default by any party hereunder shall have the same force and effect as a default under the Lease. Should any inconsistency arise between this Workletter and the Lease (as amended by
the Fifth Amendment), as to the specific matters that are the subject of this Workletter, the terms and conditions of this Workletter shall control. 
 8. Representatives of Parties. 
 8.1 Landlord has designated Geoff Sears as
its sole representative with respect to the matters set forth in this Workletter, who, until further written notice to Tenant, shall have the full authority and responsibility to act on behalf of Landlord as required in this Workletter. 

8.2 Tenant has designated Rick Campbell as its sole representative with respect to the matters set forth in this Workletter, who, until
further written notice to Landlord, 

  
 6 

 
shall have the full authority and responsibility to act on behalf of Tenant as required in this Workletter. 

  
 7 

 

 

 

 

 SCHEDULE 1 TO EXHIBIT B 

SPACE PLAN 

  
 EX B

 EXHIBIT C 
 DIAGRAMS OF NITROGEN ROOM 

 

 

  
 EX C

 

 

  
 EX C

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00186-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00186-of-00352.parquet"}]]