Document:

Escrow Agreement

  
 Exhibit 10.3

 EXECUTION COPY 
 ESCROW AGREEMENT 
 THIS ESCROW AGREEMENT
(this “Agreement”) is dated as of September 2, 2010 (the “Closing Date”) and is among Verenium Corporation, a Delaware corporation (the “Company”), BP Biofuels North America LLC, a Delaware
limited liability company (“Purchaser”), and JPMorgan Chase Bank, National Association, a national banking association, as escrow agent (the “Escrow Agent”). Capitalized terms used, but not otherwise defined, herein
shall have the meanings ascribed thereto in the Purchase Agreement (as defined below). 
 WHEREAS,
the Company and Purchaser are parties to an Asset Purchase Agreement dated as of July 14, 2010 (as amended, modified or supplemented in accordance with the terms thereof, the “Purchase Agreement”). 

WHEREAS, pursuant to Section 1.11 of the Purchase Agreement Purchaser is required to deposit an amount
equal to Five Million Dollars ($5,000,000) with the Escrow Agent hereunder to secure the indemnification and payment obligations of the Company under Section 1.9(c) and Article IX of the Purchase Agreement. 

WHEREAS, the Escrow Agent is willing to act as escrow agent with respect to the Escrow Deposit (as defined below)
pursuant to the terms and conditions of this Agreement. 
 NOW, THEREFORE, in consideration of the
covenants and agreements herein contained, and for other good, fair and valuable consideration and reasonably equivalent value, the receipt and sufficiency of which are hereby acknowledged by the parties hereto, the parties hereto do agree as
follows, intending to be legally bound: 
 1. APPOINTMENT OF ESCROW AGENT. 

The Company and Purchaser hereby appoint the Escrow Agent as the escrow agent in accordance with the terms and conditions
set forth herein, and the Escrow Agent hereby accepts such appointment. 
 2. ESTABLISHMENT OF ESCROW ACCOUNT.

 (a) Purchaser hereby deposits with the Escrow Agent immediately available funds in the amount
of Five Million Dollars ($5,000,000) (the “Escrow Deposit”) to be held in escrow by the Escrow Agent. The Escrow Agent accepts the Escrow Deposit and agrees to establish and maintain a separate account (the “Escrow
Account”) therefor in its capacity as Escrow Agent pursuant to the terms of this Agreement. The Escrow Deposit, together with any investment earnings thereon, is hereinafter collectively referred to as the “Escrow Amount.”

 (b) In the event funds transfer instructions are given (other than in writing at the time of
execution of this Agreement), whether in writing or by telecopier, the Escrow Agent is authorized to seek confirmation of such instructions by telephone call-back to the person or persons designated on Exhibit A hereto, and the Escrow
Agent may rely upon the confirmation of anyone purporting to be the person or persons so designated. 

 
Each funds transfer instruction shall be executed by an authorized signatory; a list of such authorized signatories is set forth on Exhibit A. The undersigned is authorized to certify
that the signatories on Exhibit A are authorized signatories. The persons and telephone numbers for call-backs may be changed only in a writing actually received and acknowledged by the Escrow Agent. If the Escrow Agent is unable to
contact any of the authorized representatives identified in Exhibit A, the Escrow Agent is hereby authorized to seek confirmation of such instructions by telephone call-back to any one or more of the applicable party’s executive
officers (“Executive Officers”), which shall include the titles of Chief Executive Officer, President, Chief Operating Officer, Chief Financial Officer, Vice President and Secretary, as the Escrow Agent may select. The Escrow Agent
may rely upon the confirmation of anyone purporting to be any such Executive Officer. The Escrow Agent and the beneficiary’s bank in any funds transfer may rely solely upon any account numbers or similar identifying numbers provided by the
parties to identify (i) the beneficiary, (ii) the beneficiary’s bank, or (iii) an intermediary bank. The Escrow Agent may apply any of the escrowed funds for any payment order it executes using any such identifying number, even
when its use may result in a person other than the beneficiary being paid, or the transfer of funds to a bank other than the beneficiary’s bank or an intermediary bank designated. The parties to this Agreement acknowledge that these security
procedures are commercially reasonable. 
 3. INVESTMENT. 

(a) The Escrow Agent agrees to invest and reinvest all available funds in the Escrow Account in the
JPMorgan Chase Bank Money Market Account (“MMDA”), unless otherwise directed by Purchaser and as shall be acceptable to the Escrow Agent. The MMDA has rates of compensation that may vary from time to time based upon market
conditions. 
 (b) The parties recognize and agree that the Escrow Agent will not provide
supervision, recommendations or advice relating to either the investment of moneys held in the Escrow Account or the purchase, sale, retention or other disposition of any investment described herein. 

(c) No investment shall mature later than thirty (30) days from investment. Interest and other
earnings on investments described herein shall be added to the Escrow Account. Any loss or expense incurred as a result of an investment will be borne by the Escrow Account. In the event that the Escrow Agent does not receive directions to invest
funds held in the Escrow Account, the Escrow Agent shall invest such funds in the JPMorgan Chase Bank Money Market Account, or a successor or similar investment offered by the Escrow Agent. 

(d) The Escrow Agent is hereby authorized to execute purchases and sales of investments through the
facilities of its own trading or capital markets operations or those of any affiliated entity. The Escrow Agent shall send statements to each of the parties hereto on a monthly basis reflecting activity in the Escrow Account for the preceding month.
In doing so, the Escrow Agent may provide a statement containing information 

  
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regarding any deposits and disbursements and a separate statement reflecting the investment detail, including the balance, purchases, sales, and interest postings. Although the Company and
Purchaser each recognizes that it may obtain a broker confirmation or written statement containing comparable information from the Escrow Agent at no additional cost, the Company and Purchaser hereby agree that confirmations of investments are not
required to be issued by the Escrow Agent for each month in which a monthly statement is rendered except when such confirmations are specifically requested by the Company or Purchaser. 

(e) The Company and Purchaser acknowledge and agree that the delivery of the escrowed property is subject
to the sale and final settlement of investments described herein. Proceeds of a sale of investments will be delivered on the Business Day on which the appropriate instructions are delivered to the Escrow Agent if received prior to the deadline for
same day sale of such investments. If such instructions are received after the applicable deadline, proceeds will be delivered on the next succeeding Business Day. 
 4. DISBURSEMENT OF ESCROW ACCOUNT. 

(a) The Escrow Agent is authorized by the Company and Purchaser to disburse the Escrow Amount only as
follows: 
 (i) in accordance with joint instructions of the Company and Purchaser set forth in
any written letter of direction to the Escrow Agent executed by the Company and Purchaser; or 

(ii) in accordance with the instruction of Purchaser pursuant to Section 4(b) below; or

 (iii) in accordance with the instruction of the Company pursuant to Section 4(c),
Section 4(d) or Section 4(e) below; or 
 (iv) in accordance with
Section 8 below for reimbursement to the Company for any tax payment made by the Company on interest or other income earned under this Agreement. 

(b) At any time and from time to time by 5:00 pm, CST, prior to the earlier to occur of (A) the Final
Distribution Date (as defined in Section 4(d) below), or (B) the release of all of the Escrow Amount pursuant to this Section 4(b) or Section 4(e), if Purchaser (on behalf of the Purchaser Indemnitees) obtains a final,
non-appealable judgment from a court of competent jurisdiction (for the purpose of enforcing a Decision (as defined in Section 5(c) below)) regarding a claim for indemnification that the Purchaser Indemnitees is entitled to receive at such
time pursuant to the Purchase Agreement (a “Payment Claim”), Purchaser (on behalf of the Purchaser Indemnitees) shall deliver to the Escrow Agent a written notice (a “Payment Notice”) including a copy of such
judgment and the amount of indemnification adjudicated in such judgment (the “Payment Amount”). Purchaser (on behalf of the Purchaser Indemnitees) shall also 

  
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simultaneously deliver to the Company a copy of such Payment Notice. On or before the second (2nd) Business Day following the Escrow Agent’s receipt of such Payment Notice, the Escrow
Agent shall release by wire transfer to an account or accounts designated by Purchaser in such Payment Notice an amount of the Escrow Amount from the Escrow Account equal to the Payment Amount as set forth in such Payment Notice. It is expressly
acknowledged and agreed that the Company shall have no right to object or protest a Payment Notice delivered by Purchaser to the Escrow Agent hereunder (and the Escrow Agent is hereby instructed to disregard any such objection or protest by the
Company) or the release of all or any portion of the Escrow Amount from the Escrow Account in accordance with such Payment Notice. 
 (c) On the third (3rd) Business Day following the nine (9) month anniversary of the Closing Date (the “First Distribution Date”), the Escrow Agent shall release and distribute
to the Company, by wire transfer to an account or accounts designated by the Company in writing, an amount equal to fifty percent (50%) of the outstanding balance of the Escrow Amount as of the First Distribution Date, and to the extent the
remaining Escrow Amount is less than the aggregate Asserted Damages Amount (as defined in Section 5(a) below) or the contested portion of such Asserted Damages Amount, as the case may be, with respect to all Payment Claims which have not
then been resolved (the “Pending Claim Amount”) as of the First Distribution Date, less the amount of the Pending Claim Amount in excess of fifty percent (50%) of the outstanding balance of the Escrow Amount. 

(d) On the third (3rd) Business Day following the eighteen (18) month anniversary of the Closing
Date (the “Final Distribution Date”), the Escrow Agent shall release and distribute to the Company, by wire transfer to an account or accounts designated by the Company in writing, an amount equal to one hundred percent
(100%) of the outstanding balance of the Escrow Amount as of the Final Distribution Date, less the Pending Claim Amount as of the Final Distribution Date (the “Escrow Reserve”). After the Final Distribution Date, the
outstanding balance of the Escrow Reserve or any portion thereof shall be released in accordance with Section 4(a)(i) hereof.  

(e) In the event the Company is irrevocably required prior to the Final Distribution Date to redeem Notes
(the “Notes Redemption Obligation”) with an aggregate principal amount of at least Fifty Million Dollars ($50,000,000), then the Company shall deliver to the Escrow Agent and Purchaser a written notice setting forth in reasonable
detail the Note Redemption Obligation (the “Redemption Notice”). For purposes of this Agreement, Notes shall collectively mean (i) the 5.50% senior convertible notes due 2027 issued by the Company pursuant to the Indenture
dated as of March 28, 2007, entered into between Diversa Corporation and Wells Fargo Bank, National Association, as trustee, (ii) the 8% senior convertible notes due April 1, 2012 issued by the Company and (iii) the 9.00%
convertible senior secured notes due April 1, 2027 issued by the Company pursuant to the Indenture dated September 1, 2009 between Verenium Corporation and Wells Fargo Bank, National Association, as trustee. On or before the third
(3rd) Business Day following the Escrow Agent’s receipt of the Redemption Notice, the Escrow Agent shall release by wire transfer to an account or accounts designated by the Company in such Redemption Notice an amount equal to one hundred
percent (100%) of the then outstanding balance of the Escrow Amount. 

  
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 5.
INDEMNIFICATION CLAIMS. 
 (a) If any Purchaser Indemnitee seeks indemnification
under Article IX of the Purchase Agreement and makes a claim against the Escrow Amount with respect thereto, Purchaser shall deliver, in good faith, a written demand (an “Indemnification Demand”) to the Company and the Escrow
Agent which contains (i) a description and the amount (the “Asserted Damages Amount”) of any Damages incurred by the Purchaser Indemnitee, (ii) a statement that Purchaser Indemnitee is entitled to indemnification under
Article IX of the Purchaser Agreement for such Damages and a reasonable explanation of the basis therefor, and (iii) a demand for payment in the Asserted Damages Amount. 

(b) No later than 5:00 pm CST on the forty-fifth (45th) calendar day after delivery of an
Indemnification Demand to the Company and the Escrow Agent, the Company shall deliver to Purchaser and the Escrow Agent a written response (the “Response”) in which it shall (i) agree that the Purchaser Indemnitee is entitled
to receive all of the Asserted Damages Amount, (ii) agree that Purchaser Indemnitee is entitled to receive part, but not all, of the Asserted Damages Amount (such portion, the “Agreed Portion”) or (iii) dispute that
Purchaser Indemnitee is entitled to receive any of the Asserted Damages Amount. In the event that the Company does not deliver a Response within such forty-five (45) day period, the Company shall be deemed to have accepted the Indemnification
Demand and agreed that the Asserted Damages Amount shall be promptly distributed from the Escrow Account to the Purchaser Indemnitee. 
 (c) In the event that the Company shall agree that the Purchaser Indemnitee is entitled to receive the Asserted Damages Amount or the Agreed Portion, the Company and Purchaser shall direct the Escrow
Agent to distribute such amount from the Escrow Account to the Purchaser Indemnitee in accordance with Section 4(a)(i) hereof. In the event that the Company shall (i) dispute that the Purchaser Indemnitee is entitled to receive any of the
Asserted Damages Amount, or (ii) agree that the Purchaser Indemnitee is entitled only to the Agreed Portion of the Asserted Damages Amount (“Disputed Claims”), for a period of forty-five (45) days from the receipt of the Response,
the Company and Purchaser shall attempt in good faith to agree upon the rights of the respective parties with respect to the Disputed Claims. If the Company and Purchaser should so agree regarding the respective rights and/or settle the Disputed
Claims, then the Company and Purchaser shall direct the Escrow Agent to distribute any such amount from the Escrow Account to the Purchaser Indemnitee in accordance with Section 4(a)(i) hereof. If the Company and Purchaser shall not agree
regarding the respective rights and/or settle the Disputed Claims, then either the Company or Purchaser may initiate binding arbitration proceedings in the State and City of New York in accordance with the Commercial Arbitration Rules then in effect
of the American Arbitration Association (the “AAA Rules”). If the Company and Purchaser fail to mutually select an arbitrator within five (5) Business Days following notice to the other party of the initiation of the arbitration
proceeding, then arbitration will be conducted by three arbitrators: one 

  
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selected by the Company; one selected by Purchaser; and the third selected by the first two arbitrators. The Company and Purchaser shall agree to use all reasonable efforts to cause the
arbitration hearing to be conducted within seventy-five (75) days after the appointment of the mutually-selected arbitrator or the last of the three arbitrators, as the case may be, and to use all reasonable efforts to cause the decision of the
arbitrator(s) to be furnished within ninety-five (95) days after the appointment of the mutually-selected arbitrator or the last of the three arbitrators, as the case may be. The Company and Purchaser shall further agree that discovery shall be
completed at least ten (10) days prior to the date of the arbitration hearing. The decision of the arbitrator(s) (the “Decision”) shall relate solely: (i) to the resolution of the Disputed Claims; and (ii) to the
determination of the non-prevailing party as provided below. The Decision shall be furnished to the Company, Purchaser and the Escrow Agent in writing and shall constitute a conclusive determination of the issue(s) in question, binding upon the
Company, Purchaser and the Purchaser Indemnitees and shall not be contested by any of them. The non-prevailing party in any arbitration shall pay the reasonable expenses (including attorneys’ fees) of the prevailing party, any additional
reasonable fees and expenses (including reasonable attorneys’ fees) of the Escrow Agent, and the fees and expenses associated with the arbitration (including the arbitrators’ fees and expenses). For purposes of this
Section 5(c), the non-prevailing party shall be determined solely by the arbitrator(s). 
 6. CONCERNING THE
ESCROW AGENT. 
 Notwithstanding any provision contained herein to the contrary, the Escrow Agent,
including its officers, directors, employees and agents, shall: 
 (a) not be liable for any
action taken, suffered or omitted to be taken by it except to the extent that a final adjudication of a court of competent jurisdiction determines that the Escrow Agent’s gross negligence or willful misconduct was the primary cause of any loss
to either party; 
 (b) have no responsibility to inquire into or determine the genuineness,
authenticity, or sufficiency of any securities, checks, or other documents or instruments submitted to it in connection with its duties hereunder; 

(c) be entitled to deem the signatories of any documents or instruments submitted to it hereunder as being
those purported to be authorized to sign such documents or instruments on behalf of the parties hereto, and shall be entitled to rely upon the genuineness of the signatures of such signatories without inquiry and without requiring substantiating
evidence of any kind; 
 (d) be entitled to refrain from taking any action contemplated by this
Agreement in the event that it becomes aware of any disagreement between the parties hereto as to any facts or as to the happening of any contemplated event precedent to such action; 

  
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 (e) have no responsibility or liability for any diminution in value of any assets held hereunder which may result from any investments or reinvestment made in accordance with any provision which may be
contained herein; 
 (f) be entitled to compensation for its services hereunder as per
Exhibit B attached hereto, which is made a part hereof, and for reimbursement of its out-of-pocket expenses including, but not by way of limitation, the fees and costs of attorneys or agents which it may find necessary to engage in
performance of its duties hereunder, along with any fees or charges levied by any governmental authority in connection with the Escrow Agent’s performance of its duties hereunder which the Escrow Agent may impose, charge or pass-through, all to
be paid equally by the Company and Purchaser, and the Escrow Agent shall have, and is hereby granted, a prior lien upon any property, cash, or assets of the Escrow Account, with respect to its unpaid fees, non-reimbursed expenses and unsatisfied
indemnification rights, superior to the interests of any other persons or entities; 
 (g) be
entitled and is hereby granted the right to set off and deduct any unpaid fees, non-reimbursed expenses or unsatisfied indemnification rights from amounts on deposit in the Escrow Account; 

(h) be under no obligation to invest the deposited funds or the income generated thereby until it has
received a Form W-9 or W-8, as applicable, from the Company and Purchaser, regardless of whether such party is exempt from reporting or withholding requirements under the Internal Revenue Code of 1986, as amended; 

(i) be, and hereby is, jointly and severally indemnified and saved harmless by the Company and Purchaser
from any and all losses, liabilities, claims, proceedings, suits, demands, penalties, costs and expenses, including without limitation fees and expenses of outside and internal counsel and experts and their staffs and all expenses of document
location, duplication and shipment and of preparation to defend any of the foregoing (“Losses”), which may be incurred by it as a result of its execution, delivery or performance of this Agreement, unless such Losses shall have been
finally adjudicated to have been primarily caused by the willful misconduct or gross negligence of the Escrow Agent, and the provisions of this section shall survive the resignation or removal of the Escrow Agent and the termination of this
Agreement. The Company and Purchaser further agree amongst themselves that each shall be responsible for 50% of such Losses, and to the extent the Company or Purchaser pays more than 50% of any such Losses, such party shall be entitled to
reimbursement from the non-paying party. To the extent any Loss is caused by the Company, the Company shall indemnify and hold harmless Purchaser from any and all such Losses. To the extent any Loss is caused by Purchaser, Purchaser shall indemnify
and hold harmless the Company from any and all such Losses. For the avoidance of doubt, it is understood and agreed that the preceding three sentences are not applicable to the Escrow Agent and shall not be construed to limit in any way the
indemnity obligations of the Company and the Purchaser to the Escrow Agent, which are set forth in the first sentence of this section; 

  
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 (j) in the event that (i) any dispute shall arise between the parties with respect to the disposition or disbursement of any of the assets held hereunder or (ii) the Escrow Agent shall be
uncertain as to how to proceed in a situation not explicitly addressed by the terms of this Agreement whether because of conflicting demands by the other parties hereto or otherwise, the Escrow Agent shall be permitted to interplead all of the
assets held hereunder into a court of competent jurisdiction, and thereafter be fully relieved from any and all liability or obligation with respect to such interpleaded assets. The parties hereto other than the Escrow Agent further agree to pursue
any redress or recourse in connection with such a dispute, without making the Escrow Agent a party to same; 
 (k) have only those duties as are specifically provided herein, which shall be deemed purely ministerial in nature, and shall under no circumstance be deemed a fiduciary for any of the parties to this
Agreement. The Escrow Agent shall neither be responsible for, nor chargeable with, knowledge of the terms and conditions of any other agreement, instrument or document between the other parties hereto, in connection herewith, including without
limitation the Purchase Agreement. This Agreement sets forth all matters pertinent to the escrow contemplated hereunder, and no additional obligations of the Escrow Agent shall be inferred from the terms of this Agreement or any other Agreement. IN
NO EVENT SHALL THE ESCROW AGENT BE LIABLE, DIRECTLY OR INDIRECTLY, FOR ANY SPECIAL, INDIRECT OR CONSEQUENTIAL LOSSES OR DAMAGES OF ANY KIND WHATSOEVER (INCLUDING BUT NOT LIMITED TO LOST PROFITS), EVEN IF THE ESCROW AGENT HAS BEEN ADVISED OF THE
POSSIBILITY OF SUCH LOSSES OR DAMAGES AND REGARDLESS OF THE FORM OF ACTION; 
 (l) have the
right, but not the obligation, to consult with counsel of choice and shall not be liable for action taken or omitted to be taken by Escrow Agent in good faith in accordance with the advice of such counsel; if the Escrow Agent becomes involved in
litigation on account of this Agreement, it shall have the right to retain counsel and shall have a first lien on the property deposited hereunder for any and all costs, attorneys’ fees, charges, disbursements, and expenses in connection with
such litigation; and shall be entitled to reimburse itself therefor out of the property deposited hereunder, and if it shall be unable to reimburse itself from the property deposited hereunder, the parties hereto jointly and severally agree to pay
to the Escrow Agent on demand its reasonable charges, counsel and attorneys’ fees, disbursements, and expenses in connection with such litigation; and 

(m) have the right to perform any of its duties hereunder through agents, attorneys, custodians or
nominees. 
 Any banking association or corporation into which the Escrow Agent may be merged, converted or with
which the Escrow Agent may be consolidated, or any corporation resulting from any merger, conversion or consolidation to which the Escrow Agent shall be a party, or any banking association or corporation to which all or substantially all of the
escrow business of the Escrow Agent shall be transferred, shall succeed to all the Escrow Agent’s rights, obligations and immunities hereunder without the execution or filing of any paper or any further act on the part of any of the parties
hereto, anything herein to the contrary notwithstanding. 

  
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 7. ATTACHMENT OF
ESCROW FUND; COMPLIANCE WITH LEGAL ORDERS. 
 In the event that any escrow property shall be attached,
garnished or levied upon by any court order, or the delivery thereof shall be stayed or enjoined by an order of a court, or any order, judgment or decree shall be made or entered by any court order affecting the property deposited under this
Agreement, the Escrow Agent is hereby expressly authorized, in its sole discretion, to obey and comply with all writs, orders or decrees so entered or issued, which it is advised by legal counsel of its own choosing is binding upon it, whether with
or without jurisdiction, and in the event that the Escrow Agent obeys or complies with any such writ, order or decree it shall not be liable to any of the parties hereto or to any other person, firm or corporation, by reason of such compliance
notwithstanding such writ, order or decree be subsequently reversed, modified, annulled, set aside or vacated. 
 8.
TAXPAYER IDENTIFICATION NUMBERS (“TINS”). 
 The Company and Purchaser have provided the
Escrow Agent with their respective fully executed Internal Revenue Service (“IRS”) Form W-8, or W-9 and/or other required documentation. The Company and Purchaser each represent that its correct TIN assigned by the IRS, or any other
taxing authority, is set forth in the delivered forms. The Company and Purchaser further represent and warrant to the Escrow Agent that the transaction memorialized in the Purchase Agreement does not constitute an installment sale requiring any tax
reporting or withholding of imputed interest or original issue discount to the IRS or other taxing authority. In addition, all interest or other income earned under this Agreement shall be allocated to the Company; provided that the Escrow Agent
shall promptly reimburse the Company from the Escrow Account for any tax payment made by the Company on interest or other income earned under this Agreement upon receipt of written direction from the Company, providing reasonable evidence for such
tax payment. All interest or other income earned under this Agreement shall be reported, as and to the extent required by law, by the Escrow Agent to the IRS, or any other taxing authority, on IRS Form 1099 or 1042S (or other appropriate form) as
income earned from the Escrow by the Company whether or not said income has been distributed during such year. Any other tax returns required to be filed will be prepared and filed by Purchaser and/or the Company with the IRS and any other taxing
authority as required by law, including but not limited to any applicable reporting or withholding pursuant to the Foreign Investment in Real Property Tax Act (“FIRPTA”). The Company and Purchaser acknowledge and agree that Escrow
Agent shall have no responsibility for the preparation and/or filing of any tax return or any applicable FIRPTA reporting or withholding with respect to the Escrow Deposit or any income earned by the Escrow Deposit. The Company and Purchaser further
acknowledge and agree that any taxes payable from the income earned on the investment of any sums held in the Escrow Deposit shall be paid by the Company. In the absence of written direction from the Company and Purchaser, all proceeds of the Escrow
Fund shall be retained in the Escrow Fund and reinvested from time to time by the Escrow Agent as provided in this Agreement. The Escrow Agent shall withhold any taxes it deems appropriate, including but not limited to required withholding in the
absence of proper tax documentation, and shall remit such taxes to the appropriate authorities. 

  
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 9. RESIGNATION
OR REMOVAL OF ESCROW AGENT. 
 The Escrow Agent may resign as such following the giving of thirty
(30) days’ prior written notice to the Company and Purchaser. Similarly, the Escrow Agent may be removed and replaced following the giving of thirty (30) days’ prior joint written notice by the Company and Purchaser to the Escrow
Agent. In either event, the duties of the Escrow Agent shall terminate thirty (30) days after receipt of such notice (or as of such earlier date as may be mutually agreeable); and the Escrow Agent shall then deliver the balance of the moneys or
assets then in its possession to a successor escrow agent as shall be appointed by the Company and Purchaser as evidenced by a joint written notice filed with the Escrow Agent. 

If the Company and Purchaser have failed to appoint a successor prior to the expiration of thirty (30) days
following receipt of the notice of resignation or removal, the Escrow Agent may appoint a successor or petition any court of competent jurisdiction for the appointment of a successor escrow agent or for other appropriate relief, and any such
resulting appointment shall be binding upon the Company and Purchaser. 
 10. TERMINATION. 

Upon delivery of all proceeds of the Escrow Account by the Escrow Agent (or a successor escrow agent appointed pursuant to
Section 9) in accordance with this Agreement and the Purchase Agreement, this Agreement shall terminate. 
 11.
NOTICES. 
 All communications hereunder shall be in writing only by confirmed facsimile and shall
be deemed to be duly given after having been received and after the receiving party has had a reasonable time to act upon such communication. Notwithstanding the above, in the case of communications delivered to the Escrow Agent whereby the Escrow
Agent must act based on a specified number of days upon its receipt of such communication, if applicable, such communications shall be deemed to have been given on the date received by the Escrow Agent. Notices shall be addressed as follows:

  

					
	 (i)
	  	 If to the Company:
	    	 Verenium Corporation
 55 Cambridge Parkway
 Cambridge, MA 02142

Attention: Chief Legal Officer and Chief
 Financial Officer
 Fax: (617) 674-5353

			
		  	 and to:
	    	 Cooley LLP
 Attention: M. Wainwright Fishburn
 4401 Eastgate Mall

San Diego, California 92121
 Fax: (858) 550-6420

  
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	 (ii)
	  	 If to Purchaser:
	    	 BP Biofuels North America LLC
 Attention: President
 150 West Warrenville Road

Naperville, IL 60563
 Fax: (630) 836-5855

			
		  	 and to:
	    	 DLA Piper LLP (US)
 Attention: Brendan Head
 203 North LaSalle Street, Suite 1900

Chicago, Illinois 60601
 Fax: (312) 630-5359

			
	 (iii)
	  	 if to the Escrow Agent:
	    	 JPMorgan Chase Bank, National
Association
 420 W. Van Buren, Mail Code IL1-0113
 Chicago, IL 60606

Attention: Rory Nowakowski
 Fax Number: (312) 954-0430

 For purposes of this Agreement,
“Business Day” shall mean any day other than a Saturday, Sunday or any other day on which the Escrow Agent located at the notice address set forth above is authorized or required by law or executive order to remain closed.

 12. GOVERNING LAW, COUNTERPARTS. 

This Agreement shall be construed in accordance with the laws of the State of New York. It may be executed in several
counterparts, each one of which shall constitute an original and all collectively shall constitute but one instrument. Each party irrevocably waives any objection on the grounds of venue, forum non-conveniens or any similar grounds and irrevocably
consents to service of process by mail or in any other manner permitted by applicable law and consents to the jurisdiction of the courts located in the State of New York. To the extent that in any jurisdiction either party may now or hereafter be
entitled to claim for itself or its assets, immunity from suit, execution attachment (before or after judgment), or other legal process, such party shall not claim, and it hereby irrevocably waives, such immunity. Each party further hereby waives
any right to a trial by jury with respect to any lawsuit or judicial proceeding arising or relating to this Agreement. 
 13.
AMENDMENT, MODIFICATION OR WAIVER. 
 This Agreement may be amended or modified and any term of
this Agreement may be waived if such amendment, modification or waiver is in writing and signed by all parties. 

  
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 14. ASSIGNMENTS
OF INTERESTS. 
 This Agreement shall be binding upon and shall inure to the benefit of each of the
Company and Purchaser and each of their respective permitted successors and assigns. No assignment of the interest of the Company or Purchaser shall be binding upon the Escrow Agent unless and until written notice of such assignment shall be
delivered to and acknowledged by the Escrow Agent. 
 15. FORCE MAJEURE. 

Notwithstanding any other provision of this Agreement, the Escrow Agent shall not be obligated to perform any obligation
hereunder and shall not incur any liability for the nonperformance or breach of any obligation hereunder to the extent that the Escrow Agent is delayed in performing, unable to perform or breaches such obligation because of acts of God, war,
terrorism, fire, floods, strikes, electrical outages, equipment or transmission failures, or other causes reasonably beyond its control. 
 16. IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT. 
 To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person
who opens an account. When an account is opened, the Escrow Agent will ask for information that will allow it to identify relevant parties. 
 [Signature Pages Follow] 

  
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 IN
WITNESS WHEREOF, the parties have duly executed this Agreement as of the date first above written. 
  

					
	 VERENIUM CORPORATION

		
	 By:
	 	 /s/ Carlos A. Riva

		 	 Name:
	 	 Carlos A. Riva

		 	 Title:
	 	 President and Chief Executive Officer

	
	 BP BIOFUELS NORTH AMERICA LLC

		
	 By:
	 	 /s/ Susan A Ellerbusch

		 	 Name:
	 	 Susan A. Ellerbusch

		 	 Title:
	 	 President

	
	 JPMORGAN CHASE BANK,
 NATIONAL ASSOCIATION, as
 Escrow Agent

		
	 By:
	 	 /s/ Rory Nowakowski

		 	 Name:
	 	 Rory Nowakowski

		 	 Title:
	 	 Vice President

[Signature Page – Escrow Agreement] 

  
 EXHIBIT A

 TELEPHONE NUMBER(S) AND SIGNATURE(S) FOR 

PERSON(S) DESIGNATED TO GIVE FUNDS TRANSFER INSTRUCTIONS 

If to the Company: 
  

							
	  	  	 Name
	  	 Telephone Number
	  	 Signature

				
	 1.
	  	  
	  	  
	  	  

				
	 2.
	  	  
	  	  
	  	  

				
	 3.
	  	  
	  	  
	  	  

If to Purchaser: 
  

							
	  	  	 Name
	  	 Telephone Number
	  	 Signature

				
	 1.
	  	  
	  	  
	  	  

				
	 2.
	  	  
	  	  
	  	  

				
	 3.
	  	  
	  	  
	  	  

TELEPHONE NUMBER(S) FOR CALL-BACKS AND 
 PERSON(S) DESIGNATED TO CONFIRM FUNDS TRANSFER INSTRUCTIONS 
 If to
the Company: 
  

							
	  	 	 Name
	  	 Telephone Number
	  	  
				
	 1.
	 	  
	  	  
	  	
				
	 2.
	 	  
	  	  
	  	

  
 A-1

  
 If to Purchaser:

  

							
	  	 	 Name
	  	 Telephone Number
	  	  
				
	 1.
	 	  
	  	  
	  	
				
	 2.
	 	  
	  	  
	  	

 All funds transfer instructions must include the signature of the person(s)
authorizing said funds transfer and must not be the same person confirming said transfer. 

  
 A-2

  
 EXHIBIT B

 SCHEDULE OF ESCROW AGENT FEES 

 

	
	  
 Escrow Agent Services
  

 

					
	 New Account Acceptance Fee
	  	$	0	  
	 Payable upon Account Opening
	  			
		
	 Minimum Administrative Fee
	  	$	3,000	  
	 Payable Upon Account Opening and in Advance

each year in which we act as Escrow Agent
	  			

 A New Account Acceptance Fee will be charged for the Bank’s review of the
Escrow Agreement along with any related account documentation. The account will be invoiced in the month in which the account is opened and annually thereafter and fees will not be pro-rated. Payment of the invoice is due 30 days following receipt.

 The Administrative Fee will cover a maximum of ten (10) annual administrative hours for the Bank’s
standard Escrow services including account setup, safekeeping of assets, investment of funds, collection of income and other receipts, preparation of statements comprising account activity and asset listing, and distribution of assets in accordance
with the specific terms of the Escrow Agreement. These fees cover a full year, or any part thereof, and thus are not prorated in the year of termination. 
 Extraordinary Services and Out-of-Pocket Expenses: 

Any additional services beyond our standard services as specified above, such as annual administrative activities in
excess of ten (10) hours and all reasonable out-of-pocket expenses including attorney’s fees will be considered extraordinary services for which related costs, transaction charges, and additional fees will be billed at the Bank’s
standard rate. 
 Modification of Fees: 

Circumstances may arise necessitating a change in the foregoing fee schedule. The Bank will attempt at all times, however,
to maintain the fees at a level that is fair and reasonable in relation to the responsibilities assumed and the duties performed. 
 Disclosure & Assumptions: 
  

	 	 •
	 	 The escrow deposit shall be continuously invested in the JPMorgan Chase Bank Money Market Account, or if directed otherwise, Escrow Agent shall
execute purchases and sales of investments through the facilities of its own trading or capital markets operations or those of any affiliated entity. 

  

	 	 •
	 	 To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain,
verify, and record information that identifies each person who opens an account. When an account is opened, we will ask for information that will allow us to identify relevant parties. 

  
 B-1Verenium Transition Services Agreement

  
 Exhibit 10.4

 ***Text Omitted and Filed Separately with the Securities and Exchange Commission. 

Confidential Treatment Requested Under 
 17 C.F.R. Sections 200.80(b)(4) and 240.24b-2 
 EXECUTION COPY

 VERENIUM TRANSITION SERVICES AGREEMENT 

This VERENIUM TRANSITION SERVICES AGREEMENT (this “Agreement”) is made and entered into as of
September 2, 2010 (the “Effective Date”), by and between VERENIUM CORPORATION, a Delaware corporation (“Provider”), and BP BIOFUELS NORTH AMERICA LLC, a Delaware limited liability company (the
“Company”). Capitalized terms used in this Agreement have the meanings given to them in the Purchase Agreement (as defined below) unless otherwise defined herein. Provider and the Company are each a “Party” and are
collectively the “Parties.” 
 RECITALS 

WHEREAS, the Company and Provider are parties to that certain Asset Purchase Agreement dated as of July 14,
2010 (the “Purchase Agreement”), pursuant to which, among other things, Provider will sell to the Company, and the Company will purchase from Provider, all of Provider’s right, title and interest in and to the assets used in or
that are necessary for the operation of the LC Business, as described in greater detail in the Purchase Agreement; 
 WHEREAS, from and after the Effective Date, Verenium Biofuels Corporation will be a wholly-owned subsidiary of Purchaser (such subsidiary as of the Effective Date, the “BP Biofuels
Subsidiary,” and collectively with Verenium Biofuels Louisiana LLC as of the Effective Date, the “BP Biofuels Subsidiaries”); 
 WHEREAS, from and after the Effective Date, the Company will be a tenant of the premises leased pursuant to the San Diego Building A Lease, as amended (such premises, “Building
A”); 
 WHEREAS, from and after the Effective Date, Provider will be a tenant of the
premises leased pursuant to the San Diego Building B Lease, as amended (such premises, “Building B,” and together with Building A, the “San Diego Premises”); 

WHEREAS, from and after the Effective Date, Provider will sublease certain premises in Building A (such premises,
the “Verenium Sublet Premises”) to the Company pursuant to the Sublease Agreement (as defined in the Purchase Agreement); and 
 WHEREAS, in order to facilitate an orderly transition and to provide for the operation of the LC Business while the Company occupies the Verenium Sublet Premises, the Parties desire that Provider
provide the services described in this Agreement during the time periods specified herein, on the terms and conditions set forth herein. 

  
 AGREEMENT

 NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, the Parties, intending to be legally bound, hereby agree as follows: 
 1. Services;
Work Capacity. 
 (a) Services. Subject to the terms and conditions hereof, Provider shall
provide, or shall cause to be provided, to the Company the services (individually, a “Service,” and collectively, the “Services”) described on the service schedules attached hereto or described on any additional
service schedules entered in accordance with Section 4 hereof (collectively, the “Service Schedules”) during the applicable Service Term (as defined below). 

(b) Work Capacity. Provider shall not be obligated to provide any volume or level of Services in excess of, or
allocate any employees or employee worktime to the performance of Services in excess of, any maximum Work Capacity requirements specified in the Service Schedules. For purposes of this Agreement, “Work Capacity” means
Provider’s allocation of its employees’ work time to the provision of the Services, measured on a full time equivalent (“FTE”) basis, assuming a five-day workweek and eight-hour workday. 

2. Term; Service Terms. 

(a) Agreement Term. The term of this Agreement shall commence on the Effective Date and shall continue in effect
until the second anniversary of the Effective Date, unless extended by mutual written agreement of the Parties in writing or earlier terminated in accordance with the provisions of Section 5 hereof (as the same may be extended or earlier
terminated, the “Agreement Term”). 
 (b) Service Term. Each Service described in a
Service Schedule attached hereto shall commence on the Effective Date and shall continue until the earliest to occur of (i) the expiration or termination of the Agreement Term, (ii) the expiration of the term of such Services as set forth
in such Service Schedule, as the same may be renewed in accordance with Section 2(c) if applicable, and (iii) such time as such Service is terminated in accordance with the provisions of Section 5 hereof (individually, a
“Service Term,” and collectively, the “Service Terms”). This Agreement is a master agreement and each Service Schedule shall be construed as a separate and independent agreement for the performance of the Services
described therein, subject to the terms and conditions of this Agreement. Any termination of any Service under a Service Schedule shall not terminate this Agreement or any Service Schedule with respect to any other Service then being provided
pursuant to this Agreement. 
 3. Fees. 

(a) Service Fees. In consideration for the Services provided to the Company by Provider hereunder, for each Service
provided by Provider during the applicable Service Term, the Company shall pay to Provider the fee(s) set forth with respect to such Service on the applicable Service Schedule (individually, a “Service Fee,” and collectively, the
“Service Fees”) and, if applicable, any Affected Service Expense (as defined below). The Company shall be responsible for reimbursing any out-of-pocket travel or accommodation expenses incurred by Provider in the performance of any
Service. 
 (b) Payment Terms. Within thirty (30) days following the end of each calendar month during
the Agreement Term, Provider shall deliver to the Company an invoice setting forth the Service Fees (including a reasonable itemization) incurred for each of the 

  
 2 

 
Services provided, or caused to be provided, by Provider to the Company during the prior calendar month (collectively, the “Monthly Amounts”). The Company shall pay Provider any
undisputed Monthly Amounts reflected in such invoice promptly upon receipt by the Company of the invoice relating thereto, but in no event later than thirty (30) days following the receipt of such invoice. Any amount of any Monthly Amount not
paid during such thirty (30) days shall bear interest, from the thirty-first (31st) day following receipt of the invoice relating thereto until the date such amount is paid, at the rate of one percent (1%) per month or the maximum
rate permitted by law, if less. In the event any Service is provided for part of any month, then the Services Fees payable in respect of such Service shall be pro-rated on a daily basis in respect of such partial month. 

(c) Taxes. Provider will be solely responsible for all tax returns and payments required to be filed with or made
to any federal, state or local tax authority with respect to Provider’s performance of Services and receipt of Service Fees to be paid by the Company under this Agreement. The Parties will cooperate with each other in determining the extent to
which any tax is due and owing under the circumstances, and shall provide and make available to each other any resale certificates, information regarding out-of-state or country use of materials, services or sale, and other exemption certificates or
information reasonably requested by either Party. If any taxes are required to be withheld by the Company, the Company will (i) deduct such taxes from the payment made to Provider, (ii) timely pay the taxes to the proper taxing authority,
(iii) send proof of payment to Provider and certify its receipt by the taxing authority within thirty (30) days following such payment, and (iv) shall provide such assistance as Provider may reasonably require in obtaining any refund
of such amounts to which Provider may be entitled, to the extent that such assistance does not cause the Company to incur any liability in respect of the taxes asserted to be due. 

(d) Adverse Impact. Unless otherwise provided for in this Agreement, if the Company (i) makes any change to
its processes, procedures, practices, networks, equipment, configurations, or systems and (ii) such change has a material adverse impact on Provider’s ability to provide any of the Services, Provider shall be excused from performing any
such affected Services until the Company adequately, in Provider’s reasonable discretion, mitigates the material adverse impact of such change on the Provider’s ability to provide such Services, and the Company shall be responsible for all
expenses, if any, incurred by Provider directly as a result of the cessation and, if applicable, the resumption of the affected Service (“Affected Service Expense”). 

4. Change Order Requests. 

(a) Written Request. Provider has no obligation to provide to the Company any services under this Agreement other
than the Services. Either Party may at any time after the Effective Date, through the Governance Committee and pursuant to Section 4(b) below, propose modifications, changes or deletions to the Services (“Modified Services”) or
propose that additional services be added as Services (“Additional Services”), which Modified Services or Additional Services shall become Services subject to this Agreement if approved in writing by the Parties pursuant to
Section 4(b) below. The Party requesting the Modified Services or Additional Services is referred to herein as the “Requesting Party” and the Party receiving the request is referred to herein as the “Other
Party.” 

  
 3 

  
 (b)
Process. The Parties agree to use the process set forth in this Section 4(b) to approve requests for Modified Services or Additional Services. To request Modified Services or Additional Services, the Requesting Party shall prepare and,
through its representatives on the Governance Committee (as defined below), submit a change order request in the form of Annex 1 hereto (a “Change Order Request”) to the Governance Committee, pursuant to which the Requesting
Party shall (i) in the case of requested Modified Services, attach to the Change Order Request a proposed modified Service Schedule relating to the applicable Services to be modified, or (ii) in the case of Additional Services, attach to
the Change Order Request a new proposed Service Schedule for the Additional Services being requested, including, in each case, a description of the proposed functional area, Service Fee, Service Fee basis, Service Term, and estimated requirements
for the Modified Services or Additional Services. Following the Governance Committee’s receipt of a Change Order Request, the Governance Committee shall in good faith review and approve such Change Order Request within fifteen (15) days of
such receipt, with such changes as the Governance Committee deems appropriate. After a Change Order Request is approved by the Governance Committee, the proposed Service Schedule attached thereto shall be attached hereto and become a “Service
Schedule” under this Agreement, and the Modified Services or Additional Services covered by such Service Schedule, as the case may be, shall become “Services” under this Agreement as of the date of approval, and in each case shall be
subject to the terms and conditions set forth herein. 
 (c) Substitution of Provider Designee. If a
Service Schedule specifies a designated employee of Provider (or any of its Affiliates) who will provide the Services (such employee, the “Provider Designee”), then only that Provider Designee, to the extent such Provider Designee
is still employed by Provider, and no other employee or agent of Provider, shall provide such Services on behalf of Provider unless mutually agreed by the Parties. If a Provider Designee is unable to provide an applicable Service due to such
Provider Designee no longer being employed at Provider or as a result of exigent circumstances affecting such Provider Designee, or if circumstances arise in which Provider’s continued provision of the Provider Designee’s Services would
materially adversely affect Provider or the conduct of its business, Provider may identify another designated employee of Provider (or any of its Affiliates) as a replacement Provider Designee through a Change Order Request, and if Governance
Committee agrees to such replacement Provider Designee through a mutually agreed Change Order Request, Provider shall continue to perform the applicable Service through the replacement Provider Designee. If Provider is unable to identify any other
such employee who has adequate skills to provide the applicable Service, Provider, through its representatives on the Governance Committee, shall so notify the Company in writing, and the Governance Committee shall meet and agree upon a resolution
to such situation. If, after such discussion, the Governance Committee determines that Provider is no longer able to provide the applicable Service, Provider or the Company shall each be permitted to terminate such Service. 

(d) Expenses. Unless otherwise mutually agreed to by the Governance Committee, each Party shall bear its own
expenses with respect to preparing any requests or responses to Change Order Requests. 

  
 4 

  
 5.
Termination. 
 (a) Termination of Services and Agreement. Provider’s obligation to
provide the Services shall terminate on the date provided on the applicable Service Schedule with respect to such Service (each, a “Service Termination Date”). The Company shall have the right to terminate any Service prior to the
applicable Service Termination Date upon thirty (30) days prior written notice unless a different termination notice period is specified in the applicable Service Schedule. Termination of this Agreement shall terminate any and all outstanding
Service Schedules, but termination of any individual Service shall not constitute a termination of this Agreement or any other Service. If all Services shall have been terminated under this provision prior to the expiration of the Agreement Term,
this Agreement shall immediately terminate. 
 (b) Change of Control. Upon the occurrence of a Change of
Control, Provider shall have the right to (i) terminate this Agreement or any Service Schedule hereunder upon ninety (90) days prior notice, provided that during such notice period all Service Fees under this Agreement shall be increased
to reflect a pricing of full cost (including overhead) plus ten percent (10%), as reasonably determined by Provider or (ii) to increase the Service Fees hereunder to reflect full cost-plus pricing (including overhead), as reasonably determined
by Provider. For the purposes of this Agreement, a “Change of Control” means the acquisition of the Company by a Third Party by means of any transaction or series of related transactions to which the Company is a party (including, any
stock acquisition, merger or consolidation), in which transaction or series of transactions (i) the holders of outstanding voting securities of the Company immediately prior to such transaction do not hold, directly or indirectly, at least 50%
of the combined outstanding voting power of the acquiring entity (or of the Company if it is the surviving entity in such transaction), or its direct or indirect parent entity, immediately after such transaction or series of related transactions or
(ii) the members of the board of directors of the Company immediately prior to such transaction or series of related transactions do not constitute at least a majority of the board of directors of the surviving entity (or the Company if it is
the surviving entity of such transaction or series of transactions) immediately after such transaction. 
 (c)
Termination for Default. In the event of a Default (as defined below) by a Party, the non-Defaulting Party shall have the right, at its sole discretion, to terminate this Agreement if the Defaulting Party has failed to cure such Default
within thirty (30) days of receipt of written notice of such Default. Each of the following events shall be deemed a “Default” under this Agreement: 

(i) The Company shall fail to pay to Provider any undisputed amount of any Monthly Fees within thirty (30) days of
receipt of an invoice therefor or shall fail to pay to Provider any amount of any Monthly Fees disputed in good faith by the Company within thirty (30) days after resolution of such dispute; 

(ii) Either Party shall default, in any material respect, in the due performance or observance by it of any of the
terms, covenants or agreements contained in this Agreement, other than those expressly addressed in clause (i); or 
 (iii) Either Party shall become or be adjudicated insolvent and/or bankrupt, or a receiver or trustee shall be appointed for either Party or its property or a petition for reorganization or arrangement
under any bankruptcy or insolvency law shall be approved, or either Party shall file a voluntary petition in bankruptcy or shall consent to the appointment of a receiver or trustee that is not discharged within 90 days. 

  
 5 

  
 (d)
Accrued Fees and Obligations. Except in the event of termination of this Agreement as a result of a Default by Provider under Sections 5(b)(ii), all accrued and unpaid Monthly Fees shall be due and payable upon termination of this Agreement.
Except as expressly provided herein, the expiration or termination of this Agreement or the expiration of or termination of any Service shall not relieve either Party of any obligations or liabilities accruing prior to the date of such termination
or expiration. 
 6. Relationship of the Parties. In providing the Services, Provider shall at all
times be an independent contractor. Nothing contained herein shall be construed, applied or intended to create the relationship between the parties hereto of principal and agent or of employer and employee or of a partnership or joint venture.
Provider shall have no authority to act as an agent of the Company for any purpose and shall not enter into any contract, understanding or agreement on behalf of the Company or incur any charge or expense in the name of the Company. 

7. Provider Representatives and Company Representative. 

(a) Provider has appointed a representative(s) (each, a “Provider Representative”) in respect of each of
the Services under this Agreement as set forth on each of the Service Schedules. If a Service has a specifically identified Provider Designee, the Provider Designee may also be appointed as the Provider Representative for that Service. Provider
shall at all times be responsible for giving reasonable directions to each Provider Representative in relation to the provision of the Services to the Company. Provider may replace any Provider Representative at any time upon written notice to the
Company. The relevant Provider Representative will manage the day-to-day provision of the applicable Service and be the first point of contact between the Company and Provider in respect of the provision of such Service. 

(b) The Company shall be represented by a nominee (the “Company Representative”), who shall be appointed
by the Company to act on behalf of the Company for purposes of this Agreement and may be replaced by the Company at any time upon written notice to Provider. 
 (c) The role of the Provider Representative and the Company Representative shall be, on behalf of Provider and the Company, respectively, to coordinate the provision of the Services, to discuss and reach
agreement on any proposed changes to the Services, and to escalate any disputes arising between the Company and Provider to the Governance Committee. 
 8. Cooperation Between the Parties. 
 (a) Provider
and the Company acknowledge that the success of this Agreement will be greatly affected by the good faith cooperation of each Party. Accordingly, the Parties agree to use commercially reasonable efforts to achieve the stated purposes of this
Agreement. 
 (b) The Company and Provider will establish a governance committee, equally represented by the
Company and Provider (the “Governance Committee”). Resolution of all disagreements and disputes between Company and Provider regarding the obligations and performance of either Party under this Agreement and Service Schedules will
first be attempted by the Governance Committee. Decisions of the Governance Committee shall be by unanimous 

  
 6 

 
vote, with the representatives of the Company on the Governance Committee collectively having one vote and the representatives of Provider on the Governance Committee collectively having one
vote. In the event the Governance Committee is unable to resolve the matter within thirty (30) days, then either Party may seek any and all remedies available to such Party under the Purchase Agreement or any applicable Transaction Document and
Sections 11.12, 11.13 and 11.14 of the Purchase Agreement shall apply. Any Modified Services or Additional Services shall be reviewed by the Governance Committee and incorporated by reference as part of this Agreement and the Service Schedules
through the process set forth in Section 4(b). 
 (c) At least once every month and at other times as
requested to facilitate a Change Order Request or as determined to be necessary at the request of either Party, the Governance Committee shall meet to discuss and give consideration to desired or necessary changes to the scope, level or type of
Services provided hereunder. 
 (d) In cases where the Parties need or desire to interact through in-person
communications in connection with the Services, such communications, and the timing and location of such communications, shall be coordinated between the applicable Provider Representative and the Company Representative. The Governance Committee may
formulate rules and procedures for in-person communications relating to particular Services or categories of Services, in which case the Parties shall comply with such rules and procedures. 

9. Personnel. Provider shall select, employ, supervise and direct all personnel providing the Services
hereunder. Provider’s employees (or employees of any of its Affiliates), if any, providing Services under this Agreement are recognized as employees solely of Provider (or its Affiliates). The Parties expressly agree that Provider and the
Company are not joint or co-employers of the employees providing such Services, and Provider shall provide and be solely responsible for all salary, employment and other benefits and liabilities relating to the employment, in each case, of persons
who perform the Services hereunder, including without limitation the provision of workers compensation and disability insurance for such persons. 
 10. Indemnification. 
 (a) The Company shall
indemnify, defend and hold harmless Provider and its officers, employees, affiliates and agents from and against any losses, damages, injuries or expenses (“Losses”) incurred as a result of any claims demands or actions by any
independent third party arising out of or related to (i) the Company’s breach of this Agreement or the Company’s gross negligence or willful misconduct in connection with the performance of this Agreement or (ii) the
Company’s use of Permitted Access to access Provider’s Accessed Premises, except in each case of clause (i) and (ii) to the extent such Losses arise from Provider’s breach of this Agreement or Provider’s gross
negligence or willful misconduct.
 (b) Provider shall indemnify, defend and hold harmless the Company and its
officers, employees, affiliates and agents from and against any Losses incurred as a result of any claims demands or actions by any independent third party arising out of or related to (i) Provider’s breach of this Agreement or
Provider’s gross negligence or willful misconduct in connection with the performance of this Agreement or (ii) Provider’s use of Permitted Access to access the Company’s Accessed Premises, except in each case of clause
(i) and (ii) to the extent such Losses arise from the Company’s breach of this Agreement or the Company’s gross negligence or willful misconduct.

  
 7 

  
 (c) NO
PARTY SHALL BE LIABLE OR RESPONSIBLE TO THE OTHER PARTY FOR ANY INCIDENTAL, CONSEQUENTIAL, INDIRECT OR SPECIAL DAMAGES (INCLUDING, WITHOUT LIMITATION, LOST PROFITS, LOST REVENUES AND LOSS OF BUSINESS), WHETHER FORESEEABLE OR NOT, WHETHER OCCASIONED
BY ANY FAILURE TO PERFORM OR THE BREACH OF ANY REPRESENTATION, WARRANTY, COVENANT OR OTHER OBLIGATION UNDER THIS AGREEMENT FOR ANY CAUSE WHATSOEVER. Claims for indemnification under this Section 10 shall not be considered incidental,
consequential, indirect or special damages hereunder. 
 11. Limitation of Liability. The maximum
aggregate liability of Provider to the Company arising in relation to this Agreement in respect of the provision or non-provision of Services, whether for breach of contract, tort (including negligence), breach of statute or otherwise and whether
arising out of any single act, omission, event or circumstance or series of acts, omissions, events or circumstances occurring, shall in no circumstances exceed the total amount paid for Services by the Company to Provider under this Agreement.

 12. Performance. The Services shall be performed by Provider for the Company in a timely,
competent and workmanlike manner and quality that are substantially consistent with Provider’s performance of such activities in its business in the ordinary course. The Parties further acknowledge and agree that Provider shall not be
responsible for and is not guaranteeing the achievement of any results from the performance of the Services hereunder. Provider’s performance of the Services shall not be subject to any performance criteria or performance targets unless such
criteria or targets are specifically set forth in the Service Schedules. 

  
 8 

  
 13.
Notices. All notices to be provided under this Agreement shall be made in writing and shall be effective when delivered personally to the recipient, transmitted by facsimile machine or electronic mail, with confirmation of delivery
retained, or one (1) business day after deposit for overnight delivery, fees prepaid, with a nationally recognized overnight courier service, or if mailed, five (5) business days after the date of mailing, to the addresses of the Parties
as set forth below: 
  

			
	 If to Provider:
	  	 Verenium Corporation
 55 Cambridge Parkway
 Cambridge, MA 02142

Attention: Chief Financial Officer
 Fax: (617) 674-5353

		
	 If to the Company:
	  	 BP Biofuels North America LLC
 Attention: Director of Business Development
 150 West Warrenville Road

Naperville, IL 60563
 Fax: (630) 836-5855

 14. Governing
Law. This Agreement shall be construed in accordance with, and governed by, the law of the State of New York, without giving effect to its conflict-of-laws provisions. 

15. Assignment; Successors and Assigns. Neither this Agreement nor any rights or obligations hereunder may
be assigned by any Party without the prior written consent of the other Party, which consent shall not be unreasonably withheld; provided, however, that either Party may assign this Agreement and its rights and obligations under this
Agreement to any of its affiliates without the other Party’s consent. This Agreement shall be binding upon successors and permitted assigns of the Parties. Any assignment not in accordance with this Section 15 will be null and void.

 16. No Waiver. No waiver of any breach or default hereunder shall be considered valid unless in
writing and signed by the Party giving such waiver, and no such waiver shall be deemed a waiver of any subsequent breach or default of the same or similar nature. No failure on the part of any Party to exercise, and no delay in exercising, any
right, remedy, power or privilege hereunder shall operate as a waiver thereof, nor shall any single or partial exercise of any right, remedy, power or privilege operate as a waiver hereof. 

17. Amendments. No change, amendment or modification of this Agreement shall be valid unless the same shall
be in writing and signed by the Parties hereto. 
 18. Severability. Any provision of this
Agreement that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective as to the extent of such prohibition or unenforceability without invalidating the remaining provisions of this Agreement or affecting
the validity or enforcement of such provision in any other jurisdiction. 
 19. Headings. The
section headings used in this Agreement are included for convenience of reference only and in no way should be used to construe or interpret this Agreement. 
 20. Counterparts; Signatures. This Agreement may be executed in counterparts, each of which shall be deemed to be an original and all of which taken together shall constitute a single
instrument. Additionally, the Parties acknowledge and agree that signatures to this Agreement provided by facsimile or email in .pdf format shall be recognized as original signatures. 

  
 9 

  
 21.
Confidentiality. 
 (a) “Confidential Information” means any and all information,
data and technology disclosed and/or provided by any Party hereto or any of its affiliates, as applicable (each a “disclosing party”), to the other Party hereto or any of its affiliates (each a “receiving party”),
including, without limitation, any and all methods and/or materials used in the business of the disclosing party or one of its affiliates, as applicable, technical information, technologies, systems, processes, procedures, know-how, data, trade
secrets (as such are determined under applicable law), samples, inventions (whether patentable or unpatentable), improvements, methods, materials and compositions, devices, molecules, genetically engineered organisms, formulae, illustrations, patent
applications, products, works of authorship, compilations, programs, schematics, designs, drawings, technical plans, prototypes, production and manufacturing processes and techniques, research, development activities and plans, specifications,
computer programs, object and source code, databases, passwords, log on identifiers, algorithms, derivative works, reports, mask works, business and financial data, business plans, skills and compensation of employees and consultants, pricing,
financial and operational information, information regarding litigation or other regulatory actions or complaints, marketing plans, customer and supplier information (including, without limitation, actual or potential customers or suppliers,
customer or supplier lists, and customer or supplier requirements), regardless of the form in which such information appears, or by which it is communicated whether in tangible or intangible form, whether or not marked as confidential or otherwise
identified as confidential, and whether or not stored, compiled or memorialized physically, electronically, graphically, photographically or in writing, as well as all documents and other information which contain or reflect or are generated from
any of the foregoing. Notwithstanding anything to the contrary contained herein, all Work Product and Inventions shall be the Confidential Information of the Company. 

(b) Requirements. During the Agreement Term and for ten (10) years thereafter, the receiving party shall hold
all Confidential Information of the disclosing party in confidence and shall not disclose, use, copy, publish, distribute, display, disseminate, provide access to or in any way disburse any Confidential Information, except: (i) as reasonably
necessary to carry out its responsibilities under this Agreement; (ii) as otherwise allowed under this Agreement; or (iii) with written consent of the disclosing party. The receiving party will use at least the same standard of care as it
uses to protect proprietary or confidential information of its own (but no less than reasonable care) to ensure that its and its affiliates’ employees, agents, consultants and other representatives do not disclose or make any unauthorized use
of the Confidential Information of the disclosing party. 
 (c) Exceptions. The obligations set forth in
Section 21(b) shall not apply to any portion of Confidential Information which the receiving party can prove by competent evidence: 
 (i) is now, or hereafter becomes, through no act or failure to act on the part of the receiving party or its affiliates in breach of this Agreement, generally known or available; 

  
 10 

  
 (ii) is known by the receiving party or its affiliates at the time of receiving such information as evidenced by documentation pre-dating disclosure to the receiving party or its affiliates by the
disclosing party; 
 (iii) is furnished to the receiving party by a third party that is free to
disclose to others without breach of any obligation of confidentiality or non-disclosure; or 

(iv) was independently developed by the receiving party or its affiliates without reference to information
provided by the disclosing party, as evidenced by clear documentation. 
 (d) Permitted Disclosures. The
receiving party and its affiliates are expressly authorized to disclose Confidential Information of the disclosing party as expressly permitted by this Agreement or if and to the extent such disclosure is reasonably necessary in the following
instances: 
 (i) exercising the rights and performing the obligations of the receiving party
under this Agreement; 
 (ii) prosecuting or defending litigation as permitted by this Agreement;

 (iii) complying with applicable laws and regulations; 

(iv) disclosure to FDA, DOE, USDA or EPA or any comparable or successor government agencies worldwide;

 (v) disclosure to employees, agents, consultants and independent contractors of the receiving
party and its affiliates only on a need-to-know basis and solely as necessary in connection with the performance of this Agreement, provided that each disclosee must be bound by similar obligations of confidentiality and non-use at least as
equivalent in scope as those set forth in this Section 21 prior to any such disclosure; or 

(vi) disclosure to any bona fide potential investor, investment banker, acquirer, merger partner, or other
potential financial partner; provided that in connection with such disclosure, the receiving party shall inform each disclosee of the confidential nature of such Confidential Information and use reasonable efforts to cause each disclosee to treat
such Confidential Information as confidential. 
 In the event the receiving party or any of its affiliates are
required to make a disclosure of the Confidential Information of the disclosing party pursuant to Section 21(d)(ii) or 21(d)(iii), it will, except where impracticable, provide the disclosing party at least sufficient prior written notice of any
such disclosure so that the disclosing party may seek a protective order or other appropriate remedy. Notwithstanding the foregoing, the receiving party and its affiliates shall take all reasonable action to preserve the confidentiality of the
Confidential Information of the disclosing party, including, without limitation, by cooperating with the disclosing party to obtain a protective order or other appropriate remedy. 

  
 11 

  
 (e)
Notice of Non-Permitted Disclosure. If the receiving party becomes aware of any unauthorized use or disclosure of the Confidential Information of the disclosing party, the receiving party shall promptly notify the disclosing party in writing.

 (f) Injunctive Relief. Given the nature of the Confidential Information and the competitive damage
that would result to the disclosing party upon unauthorized disclosure, use or transfer of its Confidential Information to any third party, the Parties agree that monetary damages may not be a sufficient remedy for any breach of this
Section 21. In addition to all other remedies, the disclosing party shall be entitled to seek specific performance and injunctive and other equitable relief as a remedy for any breach or threatened breach of this Section 21. 

22. Intellectual Property and Work Product. 

(a) Work Product. All personal property that is embodied in any tangible form and that is created or provided by
Provider for the Company in performance of the Services (such personal property is referred to as “Work Product”) shall be owned by the Company. If requested by the Company, appropriate portions (such as, but not limited to,
designs, drawings, plans, specifications, prints, and reports) of such Work Product will be furnished in electronic format. Work Product may be in the form of a work of authorship, a process diagram, a drawing, a blueprint, a model, a specification,
a design, a report, a manuscript, a document, a manual, a chart, a photograph, a database, a computer program, a design for an apparatus or process or system, working notes, a plan, or a model. Provider will periodically furnish Work Product to the
Company and at least one tangible copy of such Work Product, or any part thereof, upon request by the Company, and at least one (1) tangible copy of the Work Product upon completion of the Services. 

(b) Inventions. All inventions, improvements and discoveries made, developed, or conceived by Provider in
connection with the Services performed hereunder shall be promptly and fully disclosed to the Company in writing by Provider (such inventions, improvements and discoveries are referred to as “Inventions”). All Inventions shall be
owned the Company with unencumbered title thereto. 
 (c) Assignment to Effect Ownership. Provider hereby
assigns to the Company any and all rights Provider has or may acquire in Work Product and Inventions and intellectual property rights therein, or if assignment is not permitted by law, waives such rights or grants to the Company an exclusive, fully
paid, perpetual irrevocable, worldwide license under such rights in Work Product and Inventions and intellectual property rights therein for any and all purposes. Provider agrees to execute any assignment or other documents reasonably necessary to
convey to the Company any right, title or other interest to Work Product and Inventions and intellectual property rights therein as necessary to effect the ownership of Work Product and Inventions and intellectual property rights therein by the
Company, and, at the request of the Company, Provider shall execute all applications for United States and foreign Letters Patent and any papers relating thereto which the Company or its nominee deems reasonably necessary or proper. The Company or
its nominee shall have sole responsibility for the preparation, filing and prosecution of all such applications for Letters Patent and will bear all costs and expenses in connection therewith. However, the Company shall have no obligation hereunder
to file any patent application, secure any patent or maintain any patent in force. 

  
 12 

  
 (d)
The Company and Provider agree that any new discoveries or inventions covered by a pending patent application or a provisional patent application or otherwise invented or discovered under this Agreement by Provider and obligated to be assigned to
the Company pursuant to this Section 22(d) shall be considered to be part of a joint research agreement in the context of 35 USC §103(c). Further, such invention or discovery shall be considered to be owned by, subject to an obligation of
assignment to, or otherwise considered to be commonly owned by the same person at the time of the applicable application for patent was made, and was assigned to the assignee in accordance with the obligations set forth in 37 CFR 3.11, so as to in
all respects meet the obligations set forth in and not serve as a “prior art” basis for rejection based on anticipation pursuant to 35 U.S.C. §§ 102(e), (f), or (g). In addition, each Party hereby agrees to cooperate, as
reasonably necessary, and provide such applicable documentation as requested by the other Party as such Party determines is reasonably necessary to comply with this Section 22(d) and otherwise avoid rejection based on anticipation pursuant to
35 U.S.C. §§ 102(e), (f), or (g). 
 23. Access to Premises. 

(a) The performance and receipt of Services hereunder shall not entitle a Party or its personnel or agents to access the
premises, facilities, equipment or systems of the other Party except as specifically set forth under a Service Schedule or as specifically authorized by a Receiving Party Representative (such specified permitted access, “Permitted
Access”). The foregoing sentence does not limit either Party’s right to access the Shared Space (as defined in the Sublease Agreement) under and in accordance with the Sublease Agreement. All Permitted Access shall be subject to the
requirements set forth in this Section 23 and the applicable Service Schedule. For purposes of this Agreement, “Accessing Party” means the Party using Permitted Access to access the Receiving Party’s Accessed Premises;
“Receiving Party” means the Party whose Accessed Premises are being accessed by the Accessing Party; “Accessed Premises” means a Receiving Party’s premises, facilities, equipment, supplies or systems that are
accessed by the Accessing Party; “Receiving Party Representative” means the Provider Representative (if Provider is the Receiving Party) or the Company Representative (if the Company is the Receiving Party), as applicable; and
“BP Premises” means the San Diego Premises other than the Verenium Sublet Premises. 
 (b) All
Permitted Access shall be subject to the following requirements, in addition to the requirements specified in the applicable Service Schedules: (i) the Accessing Party shall provide the Receiving Party’s Representative reasonable advance
notice each time the Accessing Party plans to access or use its Permitted Access, with such notice including details regarding the personnel or agents of the Accessing Party who will be accessing the Accessed Premises and the timing and nature of
such personnel’s or agents’ intended activities on the Accessed Premises; (ii) the Accessing Party’s personnel and agents shall comply with all reasonable scheduling decisions, rules, policies and procedures established by the
Receiving Party Representative in connection with the Accessing Party’s exercise of the Permitted Access; (iii) the Accessing Party and its personnel and agents shall not perform any activities or work on the Accessed Premises except as
specified in the applicable Service Schedule and such activities and work shall be subject to the scheduling decisions, rules, policies or procedures established by the Receiving Party Representative; and (iv) the Receiving Party Representative
and any designee thereof shall have the right to oversee all uses of Permitted Access by the Accessing Party and its personnel or agents and to prevent or cease any particular use of Permitted Access if the Receiving Party Representative or such
designee determines that the Accessing Party has violated any access requirements set forth in this Section 23 or the applicable Service Schedule. 

  
 13 

  
 (c)
Each time the Accessing Party uses Permitted Access to the Accessed Premises, the Accessing Party shall comply with the Receiving Party’s written security policies, procedures and requirements made available by the Receiving Party, and will not
tamper with, compromise, or circumvent any security or audit measures employed by the Receiving Party. The Accessing Party shall not allow its personnel or agents to have access to the Accessed Premises except as expressly permitted under this
Section 23 and shall prevent unauthorized use, destruction, alteration or loss in connection with such unauthorized access. 
 (d) The Parties agree that if the Accessing Party accesses or uses Permitted Access to the Accessed Premises, the Accessing Party shall assume all responsibility and liability, and the Receiving Party
shall not assume any responsibility or liability, for any Losses (including any Losses incurred or caused by an employee or agent of the Accessing Party) arising out of the Accessing Party’s use of such Permitted Access. 

(e) In cases where the Company stores in, locates on or brings onto the Verenium Sublet Premises any equipment,
machinery, materials, supplies or other items in connection with the performance of the Services, the Parties agree that (i) Provider assumes no responsibility for or liability in respect of any damage caused to such items other than damage
caused solely by Provider’s gross negligence or willful misconduct, (ii) Provider shall have no obligation to maintain or repair such items, (iii) Provider shall not be a bailor with respect to such items, (iv) Provider shall not
use any such items for any purpose other than performance of the Services, (v) the Company may request at any time authorization for Permitted Access to remove any such items, which authorization shall not be unreasonably withheld or delayed,
and (vi) upon expiration or termination of the applicable Services, Provider may require the Company to remove such items from the Verenium Sublet Premises promptly. 

24. Controlling Provisions. If there is any conflict or inconsistency between the terms and conditions set
forth in the main body of this Agreement and any of the Service Schedules attached hereto, the provisions of the Service Schedules attached hereto and thereto shall control with respect to the rights and obligations of the Parties regarding the
Services. If there is any conflict or inconsistency between the terms and conditions of this Agreement and any other Transaction Document, the provisions of this Agreement shall control solely with respect to the rights and obligations of the
Parties regarding the Services. 
 25. Insurance. At all times during the Agreement Term and for a
period of one year thereafter, Provider shall maintain sufficient insurance coverage to enable it to meet its obligations under this Agreement and by law. Without limiting the generality of the foregoing, Verenium will maintain (and shall cause each
of its Affiliates responsible for performing the Services to maintain) at its sole cost and expense at least the following insurance: 
 (a) Commercial General Liability including (i) bodily injury, (ii) property damage, (iii) contractual liability coverage, and (iv) personal and advertising injury, in an amount not
less than $1,000,000 per occurrence; 

  
 14 

  
 (b)
Workers Compensation at statutory limits and Employer’s Liability at limits not less than $1,000,000 per occurrence; and 
 (c) Professional Liability Insurance covering errors and omissions and wrongful acts in the performance of the Services. Such errors and omissions insurance will include coverage for claims of
infringement of the copyrights, trademarks, and patents and misappropriation of trade secrets. Such insurance will bear a combined single limit per occurrence of not less than $2,000,000. 

26. Force Majeure. Neither Party shall be liable for any failure of performance attributable to acts or
events (including but not limited to war, acts of terrorism, conditions or events of nature, industry-wide supply shortages, civil disturbances, work stoppage, labor disturbance, power failures, failure of telephone lines and equipment, fire and
earthquake, or any law, order, proclamation, regulation, ordinance, demand or requirement of any governmental authority) beyond its control which prevent in whole or in part performance by such Party hereunder. 

27. Survival. The provisions of Section 5(d) (Accrued Fees and Obligations), Section 6
(Relationship of the Parties), Section 10 (Indemnification), Section 11 (Limitation of Liability), Section 14 (Governing Law), Section 15 (Assignment; Successors and Assigns), Section 21
(Confidentiality) Section 22 (Intellectual Property and Work Product), Section 25 (Insurance), this Section 27 (Survival) and Section 28 (Entire Agreement) shall survive termination of this
Agreement. 
 28. Entire Agreement. This Agreement, together with the Service Schedules and other
Transaction Documents, constitutes the complete agreement and understanding among the Parties regarding the subject matter of this Agreement and such other agreements and supersedes any prior agreement (including, without limitation, the Term Sheet)
understanding or representation regarding the subject matter of this Agreement or such other agreements. 
 [Signature Page
Follows] 

  
 15 

  
 IN
WITNESS WHEREOF, the Parties have caused this Agreement to be executed by their duly and lawfully authorized officers or legal representatives effective as of the date first set forth above. 

 

											
	 BP BIOFUELS NORTH AMERICA LLC
	 		 	 VERENIUM CORPORATION

					
	 By:
	 	 /s/ Susan A. Ellerbusch
	 		 	 By:
	 	 /s/ Carlos A. Riva

	 Name:
	 		 	 Susan A. Ellerbusch
	 		 	 Name:
	 	 Carlos A. Riva

	 Title:
	 		 	 President
	 		 	 Title:
	 	 President and Chief Executive Officer

 [Signature Page – Verenium Transition Services Agreement] 

  
 SCHEDULE A

  

	
	San Diego Premises Services

 [...***...] 
 *** Confidential Treatment Requested

  
 A-1

 SCHEDULE B 

 

	
	General Finance & Tax Services

 [...***...] 
 *** Confidential Treatment Requested

  
 B-1

 SCHEDULE C 

 

	
	Network & SharePoint Services

 [...***...] 
 *** Confidential Treatment Requested

  
 C-1

 SCHEDULE D 

 

	
	Jennings Premises Services

 [...***...] 
 *** Confidential Treatment Requested

  
 D-1

 SCHEDULE E 

 

	
	Technical Consulting Services

 [...***...] 
 *** Confidential Treatment Requested

  
 E-1

 SCHEDULE F 

 

	
	Intellectual Property Transition Services

 [...***...] 
 *** Confidential Treatment Requested

  
 F-1

 APPENDIX 1 
 CHANGE ORDER REQUEST 
 Date:
            , 20     
 Change
Order Request Number:              

                     (the
“Requesting Party”) hereby submits this Change Order Request to                      (the “Other Party”)
pursuant to Section 4(b) of the Transition Services Agreement, dated as of [            ], 2010 (the “Agreement”), between the Requesting Party
and the Other Party. 
 This Change Order Request pertains to the following (check one): 

 ̈ Modified Services, as set forth in Schedule 1 hereto.

  ̈ Termination of Services, as set forth in Schedule 1
hereto. 
  ̈ Additional Services, as set forth in
Schedule 1 hereto. 
 The Requesting Party requests that the Other Party approve this Change Order Request by signing in
the designated space below. Upon the Other Party’s approval of this Change Order Request, the Modified Services or Additional Services covered by this Change Order Request, as applicable, shall become “Services” under the Agreement
and the attached Schedule 1 shall become a “Service Schedule” to the Agreement, in each case, subject to the terms and conditions set forth therein. 

 

			
	 Submitted by Requesting Party:

	
	  

		
	 By:
	 	  

	 Name:
	 	  

	 Title:
	 	  

 

			
	 Approved by the Other Party:

	 on             ,
20    :

	
	  

		
	 By:
	 	  

	 Name:
	 	  

	 Title:
	 	  

  
 SCHEDULE 1 to

 Change Order Request No.          

FORM OF SCHEDULE FOR MODIFIED SERVICES OR ADDITIONAL SERVICES 

 

			
	Services

	 Provider
Representative:
	 	  

Name:
  

Phone:
  

Email:
  

	  
 Service Term:
  
	 	 
	  
 Location of Services:
  
	 	 
	  
 Description of Services:
  
	 	 
	  
 Service Fees:

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