Document:

BP Transition Services Agreement

  
 Exhibit 10.5

 ***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

 BP TRANSITION SERVICES AGREEMENT 

This BP TRANSITION SERVICES AGREEMENT (this “Agreement”) is made and entered into as of
September 2, 2010 (the “Effective Date”), by and between BP BIOFUELS NORTH AMERICA LLC, a Delaware limited liability company (“Provider”), and VERENIUM CORPORATION, a Delaware corporation (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, the Company will sell to Provider, and Provider will purchase from the Company, all of the Company’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, following the sale of the LC Business, the Company plans to continue operating the Enzymes Business; 

WHEREAS, from and after the Effective Date, Provider 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, the Company 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 Enzymes 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; Conditions. 

(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. 
 (c) Conditions.
Provider’s obligation to provide the Services is conditional upon Provider’s receipt of required consents (in form and substance reasonably satisfactory to Provider) to the performance of such Services by (i) Ardea Biosciences, Inc.,
as subtenant under the San Diego Sublease (as defined in the Purchase Agreement) and (ii) KR-Gateway Partners, LLC, as landlord under the San Diego Leases (as defined in the Purchase Agreement). 

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 (i) 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) and (ii) the monthly cost charges set forth with respect to such Service on the applicable Service Schedule (individually, a
“Monthly Cost Charge,” and collectively, the “Monthly Cost Charges”). The Company shall be responsible for reimbursing any out-of-pocket travel or accommodation expenses incurred by Provider in the performance of
any Service. 

  
 2 

  
 (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) and Monthly
Cost Charges incurred for each of the 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 and Monthly Cost Charges 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, Monthly Cost Charges, 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, which shall include any of the Biofuels Subsidiaries) 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,
which shall include any of the Biofuels Subsidiaries) as a replacement Provider Designee through a Change Order Request, and if the 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) Termination Upon Sublease Termination. If the Sublease
Agreement terminates prior to the end of the Agreement Term as a result of an “Event of Default” (as defined in the Sublease Agreement) by the Company thereunder then Provider may terminate the Services set forth in Schedule A (Lab
Services) and/or the Services set forth in Schedule C (Access Services). 
 (c) Change of Control.
Upon the occurrence of a Change of Control, (i) all Service Fees shall automatically increase fifty percent (50%) effective as of the date of such Change of Control and (ii) Provider shall have the right to terminate this Agreement or
any Service Schedule hereunder upon ninety (90) days prior notice. 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. 

(d) 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; 

  
 5 

  
 (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. 
 (e) 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. 

  
 6 

  
 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 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, which shall include any of the Biofuels Subsidiaries), if any, providing Services under this Agreement are recognized as employees solely of Provider (or its Affiliates,
which shall include any of the Biofuels Subsidiaries, as applicable). 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. 

  
 7 

  
 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.
 (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 the Company:
	  	 Verenium Corporation
 55 Cambridge Parkway
 Cambridge, MA 02142

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

		
	 If to Provider:
	  	 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 21.1(d)(ii) or 21.1(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 BP 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 BP 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 any of the other liabilities under this Agreement, Provider shall, at all times, carry and maintain or cause to be
carried and maintained at its expense, such insurance as is customarily maintained by Provider; provided, that such insurance shall be placed with insurers having a minimum A.M. Best rating of A: IX and be licensed to do business in the states of
jurisdiction in which the Services are being provided hereunder. Notwithstanding the foregoing, Provider shall have the right to self insurance. 

  
 14 

  
 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(e) (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 26
(Survival) and Section 27 (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 – BP Transition Services Agreement] 

  
 SCHEDULE A

 Lab Services 
 [...***...] 
 *** Confidential Treatment Requested

  
 A-1

  
 SCHEDULE B

 Technical Consulting Services 
 [...***...] 
 *** Confidential Treatment Requested

  
 B-1

  
 SCHEDULE C

 Access Services 
 [...***...] 
 *** Confidential Treatment Requested

  
 C-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, TERMINATION OF SERVICES, 

OR ADDITIONAL SERVICES 
  

			
	Services
	  

Provider

Representative:
	  	  
 Name:
 Phone:

Email:
  

	  

Location of Services:
  
	  	 
	  

Service Term:
  
	  	 
	  

Termination Notice
 Period:
  
	  	 
	  

Description of Services:
  
	  	 
	  

Service Fee:Sublease Agreement - BP BioFuels North America LLC

 Exhibit 10.6 
 ***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 
 SUBLEASE AGREEMENT 
 between 

BP BIOFUELS NORTH AMERICA LLC, 
 a Delaware limited liability company, 
 as Tenant 

and 

VERENIUM CORPORATION, 
 a Delaware corporation, 
 as Subtenant 

Dated as of September 2, 2010 

 TABLE OF CONTENTS 

 

							
	 	  	PAGE	 
			
	 1.
	  	 Subleased Premises
	  	 	1	  
	 2.
	  	 Term of this Sublease
	  	 	2	  
	 3.
	  	 Prime Lease
	  	 	3	  
	 4.
	  	 Uses
	  	 	6	  
	 5.
	  	 Services
	  	 	6	  
	 6.
	  	 Service Charge and Additional Charges
	  	 	7	  
	 7.
	  	 Condition of the Subleased Premises
	  	 	8	  
	 8.
	  	 Default by Subtenant
	  	 	9	  
	 9.
	  	 Parking
	  	 	10	  
	 10.
	  	 Fire or Casualty; Eminent Domain
	  	 	10	  
	 11.
	  	 Signage
	  	 	11	  
	 12.
	  	 Use of Shared Space
	  	 	11	  
	 13.
	  	 Access to Tenant’s Premises Prohibited
	  	 	12	  
	 14.
	  	 Insurance and Indemnity
	  	 	13	  
	 15.
	  	 Assignment and Subletting
	  	 	14	  
	 16.
	  	 Consent of Landlord
	  	 	14	  
	 17.
	  	 Included Equipment
	  	 	15	  
	 18.
	  	 Substitution Space
	  	 	15	  
	 19.
	  	 Commissions
	  	 	15	  
	 20.
	  	 Exhibits
	  	 	16	  
	 21.
	  	 Miscellaneous
	  	 	16	  

  
 i 

 SUBLEASE AGREEMENT 

THIS SUBLEASE AGREEMENT (this “Sublease”) is made and entered into as of September 2, 2010
(“Effective Date”), by and between BP BIOFUELS NORTH AMERICA LLC, a Delaware limited liability company (“Tenant”), and VERENIUM CORPORATION, a Delaware corporation (“Subtenant”).

 R E C I T A L S: 

A. Kilroy Realty, L.P., a Delaware limited partnership (by its predecessor in interest KR-Gateway Partners, LLC)
(“Landlord”) and Tenant (by its predecessor in interest, Diversa Corporation) are parties to that certain lease dated as of February 11, 2000, as amended by that certain First Amendment to Lease dated March 3, 2000, that
certain Second Amendment to Office Lease dated as of July 23, 2001, and that certain Third Amendment to Office Lease dated September 21, 2001, copies of which are attached hereto as Exhibit B (collectively, the “Prime
Lease”), regarding certain premises described therein (the “Premises”) in the building (the “Building”) located at 4955 Directors Place, San Diego, California commonly known as Building A, for a term
currently scheduled to expire on November 14, 2015. 
 B. Subject to the consent of Landlord and such other
third party approvals as may be required, Subtenant, as sublessee, desires to sublease from Tenant, as sublessor, and Tenant, as sublessor, desires to sublease to Subtenant, as sublessee, the premises labeled “Subleased Premises” and
depicted on Exhibit A attached hereto and made a part hereof (the “Subleased Premises”), which consist of a portion of the Premises covered by the Prime Lease, upon the terms and conditions set forth in this Sublease.

 C. Subject to the consent of Landlord and such other third party approvals as maybe required, Tenant shall
permit Subtenant to use certain areas within the Building labeled “Shared Space” and depicted on Exhibit A-1 attached hereto and made a part hereof (the “Shared Space”), which consist a portion of the Premises
covered by the Prime Lease, upon the terms and conditions set forth in this Sublease. All of the Premises other than the Subleased Premises and the Shared Space may be referred to hereinafter as the “Tenant’s Premises”.
Subtenant shall have no right, title or interest in Tenant’s Premises or any right to use or occupy Tenant’s Premises. 

AGREEMENTS: 
 NOW, THEREFORE, in consideration of Ten Dollars ($10.00) and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Tenant and Subtenant hereby agree
as follows: 
 1. Subleased Premises. Subject to the consent of Landlord and such other third
party approvals as may be required, Tenant does hereby sublease to Subtenant, and Subtenant does hereby sublease from Tenant, the Subleased Premises, upon and subject to the terms and conditions of this Sublease. 

  
 1 

 2. Term. The term of this Sublease (the
“Sublease Term”) shall commence on the Effective Date (the “Sublease Commencement Date”). The Sublease Term shall continue until the date (the “Sublease Expiration Date”) that is the last day of the
twenty-fourth (24th) full calendar month following
the Sublease Commencement Date, unless earlier terminated as provided herein. Subtenant shall have the right to request from Tenant an extension to the initial Sublease Term for a period of six (6) months (the “Option Term”),
by delivering written notice (“Interest Notice”) to Tenant on or before the date which is six (6) months prior to the Sublease Expiration Date. Tenant shall notify Subtenant within thirty (30) days of Tenant’s receipt
of the Interest Notice if Tenant, in its sole and absolute discretion, shall grant the Subtenant the Option Term. If Tenant, in its sole and absolute discretion, elects not to grant the Subtenant the Option Term, the Sublease Term shall expire on
the Sublease Expiration Date. If Tenant, in its sole and absolute discretion, elects to grant the Subtenant the Option Term, during the Option Term, Subtenant shall pay Tenant base rent for the Subleased Premises pro rated based on the same rental
rate Tenant is obligated to pay Landlord for such space as set forth in the Prime Lease. Failure of Subtenant to deliver the Interest Notice to Tenant on or before the date specified above shall be deemed to constitute Subtenant’s failure to
exercise its option to extend. If Subtenant timely and properly exercises its option to extend, the Sublease Term shall be extended for the Option Term upon all of the terms and conditions set forth in this Sublease, except that Subtenant’s
obligation to pay rent shall be as described above. Notwithstanding anything to the contrary contained herein, Subtenant shall have the right, by delivery of not less than thirty (30) days prior written notice to Tenant, to terminate this
Sublease prior to the stated Sublease Expiration Date. Tenant shall have the right to terminate this Sublease upon the occurrence of the following events (each, a “Change of Control”): (a) a sale of all or substantially
all of the assets of Subtenant in one or a series of integrated transactions not in the ordinary course of business to a Third Party (as defined below) or (b) the acquisition of Subtenant by a Third Party by means of any transaction
or series of related transactions to which Subtenant 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 Subtenant
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 Subtenant if it is the surviving entity in such transaction described in
subsection (b)), 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 Subtenant 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 Subtenant if it is the surviving entity of such transaction or series of transactions) immediately after such transaction. For
the purposes of this section only: “Third Party” shall mean any Person other than Tenant, Subtenant and their respective Affiliates; “Person” shall mean any individual, corporation, association, partnership (general
or limited), joint venture, trust, estate, limited liability company, limited liability partnership, unincorporated organization, government (or any agency or political subdivision thereof) or other legal entity or organization;
“Affiliate” shall mean with respect to either party, any Person that, directly or indirectly, is controlled by, controls or is under common control with such party; and “control” (including, with correlative
meanings, the terms “controlled by” and “under common control with”) shall mean, with respect to any Person, the direct or indirect ownership of 50% or more of the voting or income interest in such Person or the possession
otherwise, directly or indirectly, of the power to direct the 

  
 2 

 
management or policies of such Person. In the event Tenant does elect to terminate this Sublease upon the occurrence of a Change in Control in accordance with the foregoing, Subtenant shall have
ninety (90) days to vacate the Subleased Premises; provided, however, from and after the date of such Change in Control through the termination date of this Sublease, Subtenant shall pay Tenant base rent for the Subleased Premises at the rental
rate Tenant is obligated to pay Landlord for such space as set forth in the Prime Lease. In the event Tenant does not elect to terminate this Sublease upon the occurrence of a Change in Control in accordance with the foregoing, Subtenant shall be
permitted to remain in possession of the Subleased Premises on the terms and conditions set forth in this Sublease; provided, however, from and after the date of such Change in Control, Subtenant shall pay Tenant base rent for the Subleased Premises
at the rental rate Tenant is obligated to pay Landlord for such space as set forth in the Prime Lease. 
 3.
Prime Lease. 
 (a) This Sublease is subject and subordinate to the terms and
conditions of the Prime Lease. The provisions of the Prime Lease pertaining to the Subleased Premises are incorporated by this reference into this Sublease as fully as if completely restated herein, provided that some of the provisions of the Prime
Lease are specifically incorporated as modified herein or subject to specific terms and conditions as stated in this Sublease. Notwithstanding the foregoing, the following sections or provisions of the Prime Lease are not incorporated herein and do
not form a part of this Sublease except to the extent that they are expressly identified and addressed in this Sublease: (i) any provisions that are superseded by or in direct conflict with the provisions of this Sublease; (ii) any right
to assign the Prime Lease or sublet the Subleased Premises or to enter into any license or concession agreement or otherwise permit the occupancy or use of the Subleased Premises by any persons other than Subtenant and its employees; (iii) any
right to make alterations and additions to the Subleased Premises; (iv) any of the terms of the following Articles, Sections and Amendments to the Prime Lease: Summary of Basic Lease Information Sections 2.2, 3, 4, 6, 8 and 13, Section 1.2
(Verification of Rentable Square Feet of Premises and Building), Article 2 (Term), Article 3 (Base Rent), Article 4 (Additional Rent), Section 6.1 (Standard Tenant Services), Article 7 (Repairs), Section 8.5 (Landlord’s Property),
Section 10.7 (Landlord’s Insurance), Article 14 (Assignment and Subletting), Section 15.2 (Removal of Tenant Property by Tenant), Article 16 (Holding Over), Article 20 (Covenant of Quiet Enjoyment), Article 21 (Security Deposit;
Letter of Credit), Article 22 (Telecommunications Equipment), Article 23 (Signs), Section 29.13 (Landlord Exculpation), Section 29.33.4 (Pre-Existing Hazardous Materials), Section 29.35 (Tenant Right of First Offer to Purchase
Building), Section 29.36 (Successful IPO Condition Precedent), Section 29.37 (Building B Lease), Exhibit B (Tenant Work Letter), Exhibit G (Form of Letter of Credit), and the First Amendment to Lease, the Second Amendment to Office Lease,
and the Third Amendment to Office Lease; and (v) any right of cancellation or termination of the Prime Lease or obligation on the part of Tenant to rebuild arising from any provision relating to fire, casualty or condemnation (i.e., Articles 11
and 13 of the Prime Lease). 

  
 3 

  
 (b) All of the obligations of Tenant under the Prime Lease shall, to the extent that they apply to the Subleased Premises and except as otherwise provided herein, be binding upon Subtenant. All terms used
herein with initial capital letters that are not specifically defined herein shall have the same meanings attributed to those terms in the Prime Lease provided that the same are not in conflict with the terms and provisions of this Sublease.

 (c) For purposes of this Sublease, and unless otherwise specifically stated herein, wherever
in those portions of the Prime Lease incorporated herein the words: (1) “Landlord” or “Lessor” are used, it shall mean Tenant; (2) “Tenant” or “Lessee” are used, it shall
mean Subtenant; and (3) “Premises” or similar words are used, it and they shall mean the Subleased Premises. 
 (d) Attached hereto as Exhibit B is a true, correct and complete copy of the Prime Lease, including all amendments and modifications thereto. 

(e) Without limitation of the foregoing (and notwithstanding anything to the contrary contained in any of
the provisions of the Prime Lease which are incorporated herein by reference): 
 (i) Subtenant
shall not make any alterations or additions in or to the Subleased Premises or the Shared Space without (A) Tenant’s prior written consent, which consent may be conditioned or withheld in Tenant’s sole and absolute discretion;
(B) the prior written consent of Landlord, to the extent required under the Prime Lease; (C) complying with all of the provisions of the Prime Lease with respect to alterations; (D) payment of all costs and expenses incurred by Tenant
and Landlord in connection with the alterations (including any administrative fees payable pursuant to the Prime Lease); and (E) Landlord’s written waiver of any obligation of Tenant and/or Subtenant to remove the alterations at the
expiration of the Prime Lease and to repair any damage caused by the removal; 
 (ii) If
Subtenant desires to take any action and the Prime Lease would require that Tenant obtain the consent of Landlord before undertaking any action of the same kind, Subtenant shall not undertake the same without the prior written consent of Tenant
obtained in accordance with Section 21(m) of this Sublease. Tenant may condition its consent on the consent of Landlord being obtained and may require Subtenant to contact Landlord directly for such consent; 

(iii) All rights given to Landlord and its agents and representatives by the Prime Lease to enter the
Premises shall inure to the benefit of Tenant and its agents and representatives with respect to the Subleased Premises; 
 (iv) Tenant shall also have all other rights, and all privileges, options, reservations and remedies, granted or allowed to, or held by, Landlord under the Prime Lease; and 

  
 4 

  
 (v) Subtenant shall not do anything or suffer or permit anything to be done which could result in a default by Tenant under the Prime Lease or permit the Prime Lease to be cancelled or terminated.

 (f) Notwithstanding anything contained herein or in the Prime Lease which may appear to be to
the contrary, Tenant and Subtenant hereby agree as follows: 
 (i) Subtenant may not assign,
mortgage, pledge or otherwise transfer this Sublease, nor sublet, or permit, or suffer the Subleased Premises to be occupied by others (each, a “Transfer”), without Tenant’s prior written consent in each instance, which consent
may be withheld or conditioned in Tenant’s sole and absolute discretion. A Change in Control will be governed by Section 2 above and not by this Section 3(f)(i); 

(ii) No payments hereunder shall abate by reason of any damage to, destruction of or condemnation with
respect to the Subleased Premises, the Shared Space or the Building or any part thereof or as the result of any interruption in any services provided to the Subleased Premises or the Shared Space except to the extent permitted by the Prime Lease;

 (iii) Subtenant shall not have any right to any portion of the proceeds of any award for a
condemnation or other taking, or a conveyance in lieu thereof, of all or any portion of the Building, the Subleased Premises or the Shared Space; 

(iv) Subtenant shall not have any right to exercise, or require that Tenant exercise, any option under the
Prime Lease, including, without limitation, any option to extend the term of the Prime Lease or to lease additional space; 
 (v) As between Tenant and Subtenant, in the event of any conflict between the terms, conditions and provisions of the Prime Lease and of this Sublease, the terms, conditions and provisions of this
Sublease shall, in all instances, govern and control; 
 (vi) Subtenant is not required to pay
Base Rent or Tenant’s Share of Direct Expenses (as such terms are defined in the Prime Lease) directly to Landlord (any payments due from Subtenant are as set forth in Section 6 below); and 

(vii) Any provisions in the Prime Lease allowing or purporting to allow Tenant any rent concessions or
abatements or construction allowances do not apply to this Sublease. 
 (g) It is expressly
understood and agreed that notwithstanding the incorporation of certain terms and provisions of the Prime Lease into this Sublease by reference, Tenant does not assume and shall not have any of the obligations or liabilities of Landlord under the
Prime Lease, does not grant or guarantee access by Subtenant to any areas in the Building or services that Tenant does not control, and that Tenant is not 

  
 5 

 
making the representations or warranties, if any, made by Landlord in the Prime Lease. Notwithstanding the foregoing, Tenant will use commercially reasonable efforts to obtain performance under
the Prime Lease by Landlord, including, without limitation, Article 7 of the Prime Lease. 
 (h)
Nothing contained in this Sublease shall be construed to create privity of estate or contract between Subtenant and Landlord, except the agreement of Subtenant in Section 6(b) hereof in favor of Landlord, and then only to the extent of the
same. 
 4. Uses. Subtenant is currently in possession of the Subleased Premises, and throughout
the Sublease Term shall use and occupy the Subleased Premises only for uses in strict compliance with the terms and conditions of the Prime Lease, this Sublease and all laws, codes, ordinances, restrictions of record that apply to Subtenant’s
use of the Subleased Premises, and Landlord’s and Tenant’s reasonable rules and regulations (collectively, “Laws”), and any change in Subtenant’s use of the Subleased Premises shall require the prior written consent
of Tenant, which consent may be conditioned or withheld in Tenant’s sole and absolute discretion. Subtenant’s use of the Subleased Premises, the Shared Space and the Permitted Access Areas (as hereinafter defined) shall be subject to
Tenant’s health, safety, security and environmental policies and emergency response policies and procedures (the “HSSE Policies”); provided, however, Subtenant shall not be required to expend any funds to comply with the HSSE
Policies (i.e. any costs required to comply with the HSSE Policies [e.g. modifications to the Subleased Premises, implementation of programs, etc.] shall be the sole responsibility of Tenant).

5. Services. Notwithstanding anything contained herein to the contrary, Subtenant agrees that Tenant shall
not be obligated to furnish to Subtenant any services of any nature whatsoever other than as may be expressly provided in this Sublease. Insofar as Landlord is obligated to perform any repairs or furnish any services to any portion of the Premises
that contains the Subleased Premises or to perform any other act whatsoever with respect to any portion of the Premises that contains the Subleased Premises or to perform any obligation or satisfy any condition under the Prime Lease, Subtenant
agrees that Tenant does not undertake the performance or observance of such obligations but is only obligated to use Commercially Reasonable Efforts (defined below) to obtain Landlord’s performance for Subtenant’s benefit and without
obligating itself to institute legal action. Tenant shall not be liable for damages, nor shall the Sublease Charges abate hereunder, for or on account of any failure by Landlord to perform the obligations and duties imposed on it under the Prime
Lease. Further, Subtenant agrees that Tenant shall not be liable for failure to furnish or delay in furnishing any service, or for diminution in the quality or quantity thereof for any reason whatsoever, and that Tenant shall not be liable under any
circumstances for a loss of, or injury to, property or for injury to, or interference with, Subtenant’s business, including without limitation, loss of profits, however occurring, through or in connection with or incidental to a failure to
furnish any service or utilities. 

  
 6 

 6. Service Charge and Additional Charges. 

(a) Subtenant shall not be obligated to pay Base Rent or Tenant’s Share of Direct Expenses (as such
terms are defined in the Prime Lease) for the Subleased Premises or the Shared Space during the Sublease Term. 
 (b) Commencing on the Sublease Commencement Date, Subtenant shall pay to Tenant a monthly service charge in an amount equal to $27,500 for the services listed on Exhibit C attached hereto. In
addition, Subtenant shall be solely responsible for (x) the payment to Landlord on the applicable due dates under the Prime Lease for services, if any, requested by Subtenant which are provided and billed by Landlord directly to Subtenant
rather than to Tenant, and (y) Tenant’s actual out of pocket costs (without markup) of any above standard services requested by Subtenant, including, but not limited to, above standard janitorial expenses, after hours or above standard
HVAC service, and above standard utility services. 
 (c) In addition, Subtenant shall be solely
liable for the payment of any taxes as described in Section 4.5 of the Prime Lease that may be levied against any items on the Excluded Equipment List (as such list is defined in, and may be modified pursuant to, Section 17 hereof) located
within the Subleased Premises or the Shared Space and, to the extent such taxes are assessed against Tenant, Subtenant shall pay such taxes to Tenant within ten (10) days following receipt of an invoice therefor. 

(d) All payments from Subtenant to Tenant due and payable hereunder shall be paid to Tenant by electronic
funds transfer to the account set forth on Exhibit D or at such other place as Tenant may designate by written notice to Subtenant, and all such payments due hereunder may be referred to collectively as “Sublease Charges”.
Tenant shall invoice Subtenant for Sublease Charges on a monthly basis, and such amounts together with any and all other costs, expenses and charges payable by Subtenant to Tenant under this Sublease shall be due and payable within thirty
(30) days following Tenant’s invoice therefor. 
 (e) Sublease Charges for any portion
of a month shall be prorated on the basis of the actual number of days in such month. If Subtenant fails to pay any Sublease Charges payable to Tenant when due, and whether or not such late payment constitutes an Event of Default (as hereinafter
defined), Subtenant shall pay Tenant interest and late fees that Tenant is required to pay under the Prime Lease when Tenant is late in paying its rent (after the application of corresponding notice, cure or grace periods granted to Tenant in the
Prime Lease). As used herein, “Subtenant’s Proportionate Share” shall mean the sum of (1) the fraction of which the numerator is the rentable square footage of the Subleased Premises and the denominator is 76,246 (being
the rentable square footage of Building A), and (2) one-half (1/2) of the fraction of which the numerator is the rentable square footage of the Shared Space and the denominator is 76,246. 

  
 7 

 7. Condition of the Subleased Premises. 

(a) Subtenant acknowledges that Subtenant is in possession of the Subleased Premises and the Shared Space,
and has conducted Subtenant’s own investigations of the Subleased Premises and the Shared Space and the physical condition thereof, including accessibility and location of utilities, improvements, existence of hazardous materials, including but
not limited to asbestos containing materials and polychlorinated biphenyls, earthquake preparedness, compliance with applicable Laws, and any other matters which, in Subtenant’s reasonable judgment, may affect or influence Subtenant’s use
of the Subleased Premises and the Shared Space and Subtenant’s willingness to enter this Sublease. Subtenant recognizes that Tenant would not sublease the Subleased Premises to Subtenant or allow Subtenant to utilize the Shared Space (on the
terms and conditions set forth herein) except on an “as is” basis and acknowledges that Tenant has made no representations or warranties of any kind with respect to the Subleased Premises or the Shared Space. Subtenant shall rely solely on
Subtenant’s own inspection and examination of such items and not on any representations of Tenant, express or implied. 
 (b) Subtenant represents and warrants to Tenant that Subtenant has examined and inspected, and acknowledges that Subtenant is entering into this Sublease subject to, all matters with respect to taxes,
bonds, permissible uses, the Prime Lease, title, zoning, covenants, conditions and restrictions and all other matters which in Subtenant’s judgment may bear upon the value and suitability of the Subleased Premises and the Shared Space for
Subtenant’s purposes. Subtenant has and will rely solely on Subtenant’s own inspection and examination of such items and not on any representations of Tenant, express or implied. 

(c) Subtenant shall not commit or allow to be committed any waste or damage to the Subleased Premises, and
shall not commit any waste or damage to any other portion of the Building. Subject to the obligations of the Landlord under the Prime Lease, Subtenant shall, at its own cost and expense, maintain the Subleased Premises in good condition and repair,
ordinary wear and tear, and fire and other casualty damage excepted (other than those items which Landlord or Tenant is required to perform pursuant to the terms of the Prime Lease). If Subtenant fails to make required repairs or replacements to the
Subleased Premises promptly, Tenant may, at its option, make such repairs or replacements, and Subtenant shall repay the cost thereof to the Tenant within ten (10) days following Tenant’s demand therefor. In addition, Subtenant shall be
solely responsible for any damage to the Building or any portion thereof caused by the negligence or willful misconduct of Subtenant, its agents, employees, invitees or contractors, and shall reimburse Tenant for the reasonable cost of any repairing
any such damage within ten (10) days following Tenant’s demand therefor. 
 (d)
Subtenant, at its sole cost and expense, shall regularly remove all waste and refuse, including but not limited to biohazardous waste, from the Subleased Premises (and from the Shared Space to the extent such waste and refuse was caused, generated
or permitted to be present in the Shared Space by Subtenant). Subtenant shall properly dispose of all such waste and refuse, in strict compliance with all Laws and not less frequently than the frequency with which such waste and refuse was removed
from the Premises as of the date of this Sublease. On or before the expiration or earlier 

  
 8 

 
termination of this Sublease, Subtenant, at its sole cost and expense, will completely remove from the Subleased Premises and the Shared Space and properly dispose of, in compliance with all
Laws, all waste and refuse, including but not limited to biohazardous waste, that Tenant causes or permits to be present in, on, under or about the Subleased Premises and the Shared Space. Subtenant shall indemnify, defend and hold Tenant harmless
from any and all claims, judgments, damages, penalties, fines, costs or liabilities (including, without limitation, any sum paid in settlement of claims, attorneys’ fees, consultant fees and expert fees) which arise as a result of such waste
and refuse and Subtenant’s obligation to remove such waste and refuse and to properly dispose of such waste and refuse. The foregoing indemnity shall survive the expiration or earlier termination of this Sublease. 

(e) Upon the Sublease Expiration Date or the earlier termination of this Sublease or Subtenant’s
right to possession, as applicable, Subtenant shall surrender the Subleased Premises and the Shared Space in good condition, ordinary wear and tear excepted, and shall have no obligation to perform any restoration requirements that may be required
by the Prime Lease. Not less than ten (10) days prior to the Sublease Expiration Date or such earlier date on which this Sublease or Subtenant’s right to possession of the Subleased Premises and the Shared Space is terminated, Tenant and
Subtenant shall conduct a walk-through of the Subleased Premises and the Shared Space and shall develop a list of (i) those items on the Excluded Equipment List (as such list is defined in, and may be modified pursuant to, Section 17
hereof) that are contained within the Subleased Premises and the Shared Space that will be removed by Subtenant at Subtenant’s sole cost and expense, and (ii) any repairs to the Subleased Premises or the Shared Space that were caused by
the negligence or willful misconduct of Subtenant and must be performed at Subtenant’s sole cost and expense in connection with Subtenant’s surrender of such space. Subtenant shall remove such items and make such all necessary repairs at
Subtenant’s sole cost and expense, and Subtenant’s obligations to remove such items and to perform such repairs shall survive the expiration or earlier termination of this Sublease. If Subtenant continues in occupancy of the Subleased
Premises after expiration or termination of this Sublease without the written consent of Tenant, Subtenant shall pay for the holdover period two hundred percent (200%) of the Sublease Charges payable immediately prior to the expiration or
termination. No holding over by Subtenant after the term of this Sublease without the written consent of Tenant shall be construed to extend the term hereof. In the event of any unauthorized holding over, Subtenant shall indemnify Tenant against all
losses, costs, and expenses, including reasonable attorneys’ fees, incurred by Tenant by reason of Subtenant’s holdover. Subtenant’s obligations hereunder shall survive the expiration or earlier termination of this Sublease.

 8. Default by Subtenant. 

(a) In addition to any events or occurrences which constitute a default under the terms of the Prime Lease
(which have been incorporated into this Sublease by reference), if any other event occurs (after expiration of any applicable period of notice and cure) which involves Subtenant or the Subleased Premises or the Shared Space which

  
 9 

 
would constitute a default under the Prime Lease if it involved Tenant or the Premises, such event shall constitute an “Event of Default” hereunder, and Tenant may exercise,
without limitation of any other rights and remedies available to it hereunder or at law or in equity, any and all rights and remedies of Landlord set forth in the Prime Lease in the event of a default by Tenant thereunder. In addition, in the event
Subtenant fails or refuses to make any payment or perform any covenant or agreement to be performed hereunder by Subtenant, such failure or refusal shall constitute an “Event of Default” hereunder, and Tenant may make such payment
or undertake to perform such covenant or agreement (but shall not have any obligation to Subtenant to do so). In such event, amounts so paid and amounts expended in undertaking such performance, together with all costs, expenses and attorneys’
fees incurred by Tenant in connection therewith, shall constitute Sublease Charges hereunder, and shall be immediately due and payable from Subtenant to Tenant. 

(b) Tenant and/or its subsidiary, as the case may be, and Subtenant are parties to the following
agreements (each of which may be referred to in this Sublease as a “Transaction Agreement” and collectively may be referred to as the “Transaction Agreements”): (i) the Asset Purchase Agreement between Tenant
and Subtenant (the “Asset Purchase Agreement”) and the following agreements as defined in the Asset Purchase Agreement: (ii) the Verenium License Agreement, (iii) the BP License Agreement, (iv) the Kerry Sublicense
Agreement, (v) the Joint Intellectual Property Agreement, and (vi) the Verenium Non-Compete Agreement. In the event of a default by Subtenant under any of the Transaction Agreements (after expiration of any applicable period of notice and
cure), Tenant shall have the right to terminate this Sublease by delivering written notice thereof to Subtenant, in which event Subtenant shall have ninety (90) days following receipt of Tenant’s notice of termination to vacate the
Subleased Premises. 
 9. Common Areas; Parking. Subtenant, its officers, employees and invitees
only, shall have the nonexclusive right to use the common areas of the Building and Subtenant’s Proportionate Share of the unreserved parking spaces that Tenant is entitled to use under the Prime Lease. 

10. Fire or Casualty; Eminent Domain. 

(a) Articles 11 and 13 of the Prime Lease (regarding fire, casualty and eminent domain) are incorporated
into this Sublease, except that, notwithstanding the provisions thereof, Tenant shall have the right to make all determinations and elections regarding fire, casualty and eminent domain pursuant to the Prime Lease, such as whether a partial taking
materially interferes with Tenant’s enjoyment and intended use of the Premises or whether Tenant elects to terminate the Prime Lease in accordance with the terms thereof. An election by Tenant to terminate the Prime Lease in accordance with
Article 11 or 13 thereof shall result in an automatic termination of this Sublease and shall not be considered a breach of this Sublease by Tenant. 

  
 10 

 (b) If this Sublease is not terminated pursuant to the fire,
casualty and eminent domain sections of the Prime Lease following a casualty or partial taking, Landlord’s obligations under the fire, casualty and eminent domain sections of the Prime Lease shall remain the obligations of Landlord and shall
not be any obligation of Tenant. In this regard, Tenant shall not be liable to Subtenant, but shall use Commercially Reasonable efforts to enforce the terms of the Prime Lease. 

11. Signage. Within twenty (20) days following the Sublease Commencement Date, at Subtenant’s
sole cost and expense, Subtenant shall remove from the Building and the Premises all signage identifying Subtenant or containing Subtenant’s logo, and shall repair all damage caused by the installation, use, maintenance and removal of such
signage and shall restore the areas in which such signage was located to the condition required under the Prime Lease. Any new signage to be installed by Subtenant shall be installed by Subtenant at its sole cost and expense, and shall be subject to
the approval of Landlord and Tenant, and shall be installed in compliance with all Laws and approvals, consents and permits required therefor. Subtenant shall maintain all of Subtenant’s signs in a good, clean and safe condition in accordance
with all Laws, and shall repair all damage caused by the installation, use, maintenance and removal of the signs and, upon their removal, restore the areas in which such signs were located to the condition immediately before the installation thereof
(ordinary wear and tear excepted, other than any discoloration caused thereby). Subtenant shall remove the signs and perform all restoration work as provided above prior to the expiration of the Sublease Term, however, if Subtenant’s right to
possess the Subleased Premises is involuntarily terminated, Subtenant shall have ten (10) business days following the termination of this Sublease to remove the signs and perform all restoration work. If Subtenant fails to do so within such
period, then Tenant may, at the sole cost and expense of Subtenant, perform such work and dispose of the signs in any manner it deems appropriate or deem such signs abandoned and, after removing Subtenant’s logo therefrom, use such signs;
Subtenant shall pay to Tenant all reasonable costs incurred in connection therewith within thirty (30) days after Tenant’s request therefor. The provisions of this Section 11 shall survive the expiration or the earlier termination of
this Sublease. 
 12. Use of the Shared Space. During the Sublease Term but subject to
Tenant’s reasonable scheduling requirements, Subtenant, its officers and employees only, may use the Shared Space in common with Tenant for the purposes for which Subtenant currently uses such Shared Space and for no other use or purpose.
Subtenant shall comply with Tenant’s reasonable rules and regulations as may be promulgated from time to time, including but not limited to all health and safety requirements and procedures, and all of Tenant’s laboratory policies and
procedures, with respect to the Shared Space. Tenant reserves the right to temporarily restrict the access to and use of the Shared Space by Subtenant, its officers and employees, from time to time, with reasonable prior notice to Subtenant;
provided that such temporary restriction will be subject to scheduling with Subtenant to minimize interference with Subtenant’s ongoing projects. Tenant shall not be liable for any loss or damages in connection with Subtenant’s use of or
inability to use the Shared Space or the interruption of or failure to furnish any Building service to the Shared Space, including, without limitation, heat, air conditioning, cleaning and electricity, nor shall Tenant be liable for any loss or
damages in connection therewith. 

  
 11 

 13. Access to Tenant’s Premises Prohibited. 

(a) Subtenant acknowledges and agrees that, subject to the provisions of this Section 13, the
Tenant’s Premises are to be used for the sole and exclusive benefit of Tenant, and that while the Subleased Premises and the Shared Space, or portions thereof, may or may not be separately demised from the Tenant’s Premises, Subtenant, its
agents, employees, contractors and invitees shall not access, and shall have no right, title or interest in, the Tenant’s Premises. Further, Subtenant shall not have the right to use or access that certain building commonly known as
“Building C” located near or adjacent to the Building, subject to the following sentences. Subtenant currently intends to move certain equipment currently existing in Building C which is being retained by Subtenant as part of the Asset
Purchase Agreement into the Subleased Premises. Notwithstanding the foregoing, however, in the event such equipment will not reasonably fit in the portions of the Subleased Premises being reserved for such equipment, as reasonably determined by
Subtenant, Subtenant will have the right to use a portion of Building C to be mutually agreed upon by Tenant and Subtenant for such equipment (which mutually agreed upon space shall be deemed Shared Space), and Subtenant will have access and use
rights to such portion of Building C as reasonably necessary for the use of such equipment in accordance with the terms of this Sublease. In addition, for a period not to exceed six (6) months following the Effective Date, Tenant shall permit
Subtenant to store, install and operate certain servers, storage arrays and switches in a portion of the premises (to be reasonably designated by Tenant) occupied by Tenant in the building located at 4939 Directors Place which is commonly known as
“Building B” (or such other space as Tenant may reasonably designate from time to time) and such space as may be so used by Subtenant shall be considered a Permitted Access Area (as hereinafter defined). In the event Tenant and Subtenant
agree (Tenant being under no obligation to do so) that Subtenant will be permitted to store, install and/or operate additional equipment in portions of Tenant’s Premises (such portions of Tenant’s Premises may be referred to as the
“Permitted Access Areas”), Subtenant and its officers, agents, contractors and employees shall comply with Tenant’s rules, regulations, requirements and procedures, including but not limited to all health, safety, security and
environmental policies, emergency response policies and procedures, and safety requirements and procedures, and all of Tenant’s laboratory policies and procedures, with respect to the use of the Tenant’s Premises. Tenant reserves the right
to restrict access to and use of Tenant’s Premises by Subtenant, its officers, agents, contractors and employees, from time to time, with reasonable prior notice to Subtenant. Subtenant shall be solely responsible for any loss, cost, damage and
expense suffered or incurred by Tenant as a result of Subtenant’s use of the Tenant’s Premises. Notwithstanding the foregoing, however, upon the expiration or earlier termination of this Sublease or Subtenant’s right to possession of
the Subleased Premises, Tenant shall have the right to require Subtenant to remove from the Permitted Access Areas such of Subtenant’s equipment as Tenant may designate at Subtenant’s sole cost and expense. In the event Subtenant, its
officers, employees, agents, contractors or invitees access the Tenant’s Premises or said Building B or Building C (except as set forth above), Tenant shall have the right to require such individuals to vacate such space immediately.

  
 12 

  
 (b) Tenant and Subtenant acknowledge and agree that as of the Effective Date, certain of Subtenant’s personnel, equipment and personal property will be situated within the Tenant’s Premises, the
relocation of which is contemplated in Section 5.4(c) of the Asset Purchase Agreement. Subtenant shall relocate such personnel, equipment and personal property from Tenant’s Premises to the Subleased Premises, in accordance with the
provisions of Section 5.4(c) of the Asset Purchase Agreement, within ninety (90) days following the Effective Date or, in the case of equipment or personal property involved in Carve-out Projects, such longer period as may be expressly
contemplated under the governing documents relating to the Carve-out Projects, as such term is defined in the Asset Purchase Agreement (the “Transitional Period”). During the Transitional Period, Subtenant and its officers, agents,
contractors and employees shall comply with Tenant’s rules, regulations, requirements and procedures, including but not limited to all health, safety, security and environmental policies, emergency response policies and procedures, and safety
requirements and procedures, and all of Tenant’s laboratory policies and procedures, with respect to the use of the Tenant’s Premises. Tenant reserves the right to restrict access to and use of Tenant’s Premises by Subtenant, its
officers, agents, contractors and employees, from time to time, with reasonable prior notice to Subtenant. Subtenant shall be solely responsible for any loss, cost, damage and expense suffered or incurred by Tenant as a result of Subtenant’s
use of the Tenant’s Premises and relocation by Subtenant from the Tenant’s Premises to the Subleased Premises. In the event Subtenant, its officers, employees, agents, contractors or invitees or Subtenant’s equipment or personal
property remain in the Tenant’s Premises after the expiration of the Transitional Period, Tenant shall have the right to require the removal of such personnel, equipment and/or personal property from the Tenant’s Premises immediately.

 14. Insurance and Indemnity. 

(a) Waiver of Subrogation. Anything in this Sublease to the contrary notwithstanding, Tenant
and Subtenant each hereby waive any and all rights of recovery, claims, actions or causes of action against the other and the officers, directors, partners, agents and employees of each of them, and Subtenant hereby waives any and all rights of
recovery, claims, actions or causes of action against Landlord and its agents and employees for any loss or damage that may occur to the Subleased Premises or any improvements thereto, or any personal property of any person therein or in the
Building, by reason of fire, the elements or any other cause insured against under valid and collectible fire and extended coverage insurance policies, regardless of cause or origin, including negligence, except in any case which would render this
waiver void under law, to the extent that such loss or damage is actually recovered under said insurance policies (or is applied to any deductible associated with such insurance). In the event Tenant does not elect to purchase insurance from a third
party insurer, Tenant will be deemed to have elected to self insure and will be treated for purposes of this Section 14(a) as if it had purchased insurance from a third party which contained a waiver of subrogation that complied with the
requirements of this Section. 

  
 13 

 (b) Waiver of Claims and Indemnity.

 (i) Subtenant hereby releases and waives any and all claims against Landlord and Tenant and
each of their respective officers, directors, partners, members, agents and employees for injury or damage to person, property or business sustained in or about the Building, Building B, Building C, the Subleased Premises, the Shared Space,
Tenant’s Premises or the Permitted Access Areas by Subtenant other than by reason of negligence or willful misconduct of Landlord or Tenant and except in any case which would render this release and waiver void under law. 

(ii) Subtenant agrees to indemnify, defend and hold harmless Tenant, Landlord and their respective
officers, directors, partners, members, agents and employees, from and against any and all claims, demands, costs and expenses of every kind and nature, including attorneys’ fees and litigation expenses, arising from Subtenant’s use or
occupancy of the Subleased Premises, the Shared Space, Tenant’s Premises, the Permitted Access Areas, Building B, Building C or the Building, or from any breach or default on the part of Subtenant in the performance of any agreement or covenant
of Subtenant to be performed under this Sublease, or from any act or neglect of Subtenant or its agents, officers, employees, guests, servants, invitees or customers in or about the Subleased Premises, the Shared Space, Tenant’s Premises, the
Permitted Access Areas, Building B, Building C or the Building. In case any such proceeding is brought against any of said indemnified parties, Subtenant covenants, if requested by Tenant, to defend such proceeding at its sole cost and expense by
legal counsel reasonably satisfactory to the party to be indemnified hereunder. Subtenant’s obligations hereunder shall survive the expiration or earlier termination of this Sublease. 

(c) Insurance Policies. Subtenant, at its sole cost and expense, will provide with respect to the Subleased
Premises and keep in full force and effect during the Sublease Term, the insurance with the same limits and coverage that are required to be carried by Tenant under the Prime Lease. During the Sublease Term, Tenant and Landlord shall be named as
additional insureds under such insurance. A certificate evidencing such insurance coverage shall be delivered to Tenant and Landlord prior to the Sublease Commencement Date. Such certificate of insurance will provide for not less than thirty
(30) days’ advance written notice to Tenant and Landlord in the event of cancellation. 
 15.
Assignment and Subletting. Subtenant may not assign, mortgage, pledge or otherwise transfer this Sublease, nor sublet, or permit, or suffer the Subleased Premises, the Shared Space or the Permitted Access Areas to be occupied by
others, without Tenant’s prior written consent in each instance, which consent may be withheld in Tenant’s sole and absolute discretion. A Change in Control will be governed by Section 2 above and not by this Section 15.

 16. Third Party Consents. The obligations of Tenant and Subtenant under this Sublease are
conditioned and contingent upon Landlord and such other necessary third parties consenting hereto by executing and delivering a consent form reasonably acceptable to Tenant and Subtenant. In the event such consents are not obtained, this Sublease
shall be of no force or effect and shall automatically terminate and become null and void, and neither Tenant nor Subtenant shall have any further obligations or liability hereunder. 

  
 14 

 17. Included Equipment; Excluded Equipment List. As of the
Sublease Commencement Date, the Subleased Premises shall contain certain furniture, fixtures and equipment (including but not limited to telecommunications equipment) currently located within the Subleased Premises, and all such furniture, fixtures
and equipment other than such items as may be expressly set forth on the “Excluded Equipment List” (Section 1.2 of the Disclosure Schedule to that certain Asset Purchase Agreement between Tenant and Subtenant) shall remain the
property of Tenant and may be referred to herein as the “Included Equipment”. Subtenant will be permitted to retain its existing telecommunications equipment in place throughout the Sublease Term. Tenant makes no representation or
warranty as to the quality or condition of the Included Equipment or the adequacy of the Included Equipment for Subtenant’s intended purposes. Subtenant shall insure, repair and maintain the Included Equipment at its sole cost and expense
throughout the Sublease Term, and at the expiration or earlier termination of this Sublease or Subtenant’s right of possession to the Subleased Premises, Subtenant shall return the Included Equipment to Tenant in good condition, ordinary wear
and tear excepted, or, at Tenant’s option, shall remove the Included Equipment from the Subleased Premises. Subtenant may install additional fixtures or equipment within the Subleased Premises (provided that Subtenant will be required to obtain
Tenant’s prior reasonable consent as to any equipment which will be affixed to the Subleased Premises or which will be installed in the Shared Space). Subtenant will notify Tenant at the time it installs any equipment in the Subleased Premises
whether Subtenant is adding such equipment to the Excluded Equipment List, and if Subtenant makes such election, Subtenant shall be entitled to remove such equipment upon the expiration or earlier termination of this Sublease. In the event Subtenant
does not elect to add such equipment to the Excluded Equipment List, Tenant shall have the option to require Subtenant to remove the equipment or to retain possession of such equipment upon the expiration of the Sublease Term. At least thirty
(30) days prior to the expiration of the Sublease Term, and at other times as Tenant may request, Subtenant shall deliver to Tenant an updated Excluded Equipment List for Tenant’s review and approval in accordance with the foregoing. Any
and all furniture, fixtures and equipment currently located within the Shared Space (other than any items expressly set forth on the Excluded Equipment List as amended pursuant to this Section 17) shall remain the property of Tenant and shall
be insured, repaired and maintained by Tenant at its sole cost and expense, except to the extent of any damage caused by Subtenant or its agents or employees, for which Subtenant shall be solely responsible. Subtenant shall be solely responsible for
the Excluded Equipment, including the insurance, repair and maintenance thereof, and the removal of the Excluded Equipment from the Building upon the expiration or earlier termination of this Sublease or Subtenant’s right of possession to the
Subleased Premises. Notwithstanding the foregoing, however, upon the expiration or earlier termination of this Sublease or Subtenant’s right to possession of the Subleased Premises, Tenant shall have the right to require Subtenant to remove
from the Subleased Premises and the Shared Space such additional items of furniture, personal property and equipment as Tenant may designate at Subtenant’s sole cost and expense. 

18. Substitution Space. Intentionally omitted 

19. Commissions. Each of Tenant and Subtenant represents and warrants to the other that it has not dealt
with any broker or agent in connection with the negotiation or execution of this Sublease. Each of Tenant and Subtenant shall indemnify the other against all costs, expenses, attorneys’ fees and other liability for commissions or other
compensation claimed by any broker or agent claiming the same by, through, or under the indemnifying party. 

  
 15 

 20. Exhibits. Tenant and Subtenant agree to the terms of all
of the Exhibits to this Sublease, which are incorporated herein by this reference. A list of all such Exhibits is as follows: 
  

					
		 	 Exhibit A –
	 	 Depiction of the Subleased Premises, the Shared Space and the Tenant’s Premises

		 	 Exhibit B –
	 	 Prime Lease

		 	 Exhibit C –
	 	 List of Included Services

		 	 Exhibit D –
	 	 Electronic Funds Transfer Information

 21. Miscellaneous. 
 (a)
Notices. All notices and other communications given pursuant to this Sublease shall be in writing and shall be (1) deposited with a nationally-recognized overnight courier that monitors delivery, and addressed to the parties
hereto at the addresses set forth below such party’s signature hereto; (2) hand delivered to the intended address; or (3) sent by prepaid telegram, cable, facsimile transmission, or telex sent to the number set forth below such
party’s signature hereto, followed by a confirmatory letter by one of the foregoing means. Notices sent by overnight courier shall be effective on the business day immediately following the date on which such notice was deposited with such
courier, and all other notices shall be effective upon delivery to the address of the addressee. The parties hereto may change their addresses by giving prior written notice thereof to the other in conformity with this provision. 

(b) Waiver. Waiver of one breach of a term, condition or covenant of this Sublease by either
party hereto shall be limited to the particular instance and shall not be deemed to waive future breaches of the same or other terms or conditions. 

(c) No Encumbrance. Subtenant shall not voluntarily or by operation of law, mortgage or
otherwise encumber all or any part of Subtenant’s interest in this Sublease or the Subleased Premises. 
 (d) Estoppel Certificates. Each party shall, from time to time, within ten (10) business days after request of the other party, deliver to the requesting party an estoppel certificate
stating that this Sublease is in full effect, the date to which Sublease Charges have been paid, the unexpired term of this Sublease, and such other factual matters pertaining to this Sublease as may be reasonably requested by the other party or by
Landlord. 
 (e) Governing Law. This Sublease shall be governed by and construed in
accordance with the laws of the state in which the Premises are located. In any suit arising under or with respect to this Sublease, venue shall be in a court of proper jurisdiction in San Diego County, California. 

  
 16 

  
 (f) Successors and Assigns. This Sublease shall inure to the benefit of, and be binding upon, the parties hereto and their respective successors and permitted assigns. 

(g) Multiple Counterparts. This Sublease may be executed in multiple counterparts, each of
which will be deemed an original, but all of which will constitute one and the same instrument. A facsimile transmission shall be binding on the party or parties whose signatures appear thereon. 

(h) Invalidity. If any one or more of the provisions contained in this Sublease is for any
reason held to be invalid, illegal, or unenforceable in any respect, then such invalidity, illegality or unenforceability shall not affect any other provision hereof, and this Sublease shall be construed as if such invalid, illegal or unenforceable
provision had never been contained herein. 
 (i) Time. Time is of the essence in
the performance of this Sublease. 
 (j) Complete Agreement. This Sublease
constitutes the complete and exclusive statement of the agreement between the parties with respect to the subject matter hereof and replaces and supersedes all prior agreements. This Sublease supersedes all written and oral statements, and no
representation, statement, condition or warranty omitted from this Sublease shall be binding on the parties hereto or have any force or effect whatsoever. 

(k) Captions. The captions in this Sublease are for convenience of reference only and the
words contained herein shall in no way be held or deemed to define, limit, describe, explain, modify, amplify or add to the interpretation, construction or meaning of any provision or the scope of intent of this Sublease. 

(l) Other Terms. The terms “herein,” “hereof,” “hereunder,”
“hereby,” “this Sublease” and other similar references shall be construed to mean and include this Sublease and all amendments thereof and supplements thereto unless the context clearly indicates or requires otherwise. Each
reference to “including” means “including, without limitation” and to “terms” means “terms, provisions, covenants and agreements”. All references to “Articles” and “Sections” contained in
this Sublease are, unless specifically indicated otherwise, references to articles, sections, subsections, and paragraphs of this Sublease. Whenever in this Sublease the singular number is used, the same shall include the plural where
appropriate (and vice versa), and words of any gender shall include each other gender where appropriate. All references to “Exhibit(s)” and “Schedule(s)” are, unless specifically indicated otherwise, references to exhibits,
schedules, and attachments to this Sublease, which are incorporated into this Sublease by each such reference. As used herein with respect to Tenant’s efforts in connection with obtaining the consent or performance of Landlord or making
requests of Landlord on behalf of Subtenant, “Commercially Reasonable Efforts” means those efforts or diligence to the extent they 

  
 17 

 
are economically feasible, practicable, and reasonable under the circumstances but will not impose upon Tenant the obligation to make any payments to Landlord or any other party in order to
obtain the consent or performance of Landlord unless Subtenant agrees to reimburse Tenant for such payment and advances to Tenant the reasonably estimated costs therefor prior to Tenant taking any such action, or to file suit against Landlord.

 (m) Consents. Subtenant understands and agrees that if it wishes to take any
action under this Sublease which requires Tenant’s consent or approval and if such action if taken by Tenant under the Prime Lease would require Landlord’s consent or approval, Subtenant will be required to obtain Landlord’s consent
or approval in addition to the consent or approval of Tenant and to comply with all of the requirements of the Prime Lease with respect to obtaining Landlord’s consent or approval, and if the consent or approval of Landlord or Tenant is not
obtained, Subtenant will not be able to take the action at issue. All time periods provided for Tenant’s consent will extend ten (10) days beyond any time period required for Landlord’s consent notwithstanding the incorporation of any
such provisions into this Sublease. 
 (n) Quiet Enjoyment. Tenant covenants that
Subtenant, on paying the charges for services and other payments herein reserved and on keeping, observing and performing all of the other terms, provisions and agreements herein contained on the part of Subtenant to be kept, observed and performed,
shall, during the Sublease Term, peaceably and quietly have, hold and enjoy the Subleased Premises subject to the terms, provisions and agreements hereof without interference by any persons lawfully claiming by or through Tenant. The foregoing
covenant is in lieu of any other covenant express or implied. 
 REMAINDER OF PAGE INTENTIONALLY BLANK. 

SIGNATURE PAGE(S) FOLLOWS. 

  
 18 

 IN WITNESS WHEREOF, duly authorized representatives of the parties
hereto have executed this Sublease as of the day and year first above written. 
  

					
	 TENANT:

 
 BP BIOFUELS NORTH AMERICA LLC,

a Delaware limited liability company

		
	 By:
	 	 /s/ Susan A. Ellerbusch

		 	 Name:
	 	 Susan A. Ellerbusch

		 	 Title:
	 	 President

					
	
	 Address:

	
	  

	  

	  

	 Attn:
	 	  

	 Facsimile:
	 	 (        )
	 	
 

					
	
	 SUBTENANT:

 
 VERENIUM CORPORATION, a Delaware
corporation

		
	 By:
	 	 /s/ Carlos A. Riva

		 	 Name:
	 	 Carlos A. Riva

		 	 Title:
	 	 President and Chief Executive
 Officer

					
	
	 Address:

	
	  

	  

	  

	 Attn:
	 	  

	 Facsimile:
	 	 (        )
	 	  

[Signature Page - Sublease Agreement] 

  
 EXHIBIT A /
A-1 

 

 

  
 EXHIBIT A /
A-1 

 

 

 EXHIBIT B 

THE PRIME LEASE 
 [Filed as Exhibit 10.34 to the Company’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2000 (File No. 000-29173), filed with the Securities and Exchange Commission on
May 12, 2000, and incorporated herein by reference.] 

  
 Exhibit B

  
 EXHIBIT C

 LIST OF INCLUDED SERVICES 
 Tenant shall bill Subtenant for the following services in accordance with the provisions of Section 6 of the Sublease. Tenant shall bill Subtenant separately, at Tenant’s actual cost without
mark up, for any additional services provided to the Subleased Premises at Subtenant’s request, and for any additional services provided to the Shared Space or the Building, at Subtenant’s request. 

(1) Hot and cold water; 
 (2) HVAC as appropriate during normal business hours, and at such temperatures and in such amounts as are considered by Tenant to be standard for the Tenant’s Premises; 

(3) Janitorial service to the Subleased Premises and the common areas of the Building on weekdays other than holidays in accordance with
such standards as are applicable to Tenant’s Premises; 
 (4) Electrical current in the capacity existing as of the date of
this Sublease to operate (i) personal computers, copiers, printers, word processing equipment, and other machines of similar low voltage electrical consumption, (ii) lighting and equipment of standard high voltage electrical consumption,
and (iii) all other equipment currently existing in the Subleased Premises or the Shared Space; 
 (5) Piped gasses
(specifically, nitrogen, air, natural gas and deionized water); 
 (6) Cooling water; 

(7) Steam; and 

(8) On-site security services, if any are provided. 

  
 Exhibit C

 EXHIBIT D 

ELECTRONIC FUNDS TRANSFER INFORMATION 
 [...***...] 
 *** Confidential Treatment Requested

  
 Exhibit D

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00180-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00180-of-00352.parquet"}]]