Document:

Exhibit 10.15

 

 

ANNEX II -NOTE options
LAUNCH ("NLO")

 

	Cod. 0001-9	Agency: Mother	Hire the date ~: 08/10/2015
	Derivatives Global Contract No: 062/12 entered into 15/06/2012 and their additions ("Agreement").
	I Parties:
	1. BANCO PINE S.A. , with its principal place of business at Avenida das Nações Unidas, 8501, 29th and 30th Floors -Ed. Eldorado Business Tower, Pinheiros, São Paulo, SP, Postal Code 05425-070, Identification Number (CNPJ/MF)    , hereinafter referred to as BANK.
	
        2.COUNTERPART, hereinafter COUNTERPART: 

        Name: AMYRIS BRAZIL LTDA

         

	
        Address: 

        Rua James Clerk Maxwell, No. 315 -Techno Park -CEP 13069-380

         
	
        City / State 

        Campinas-SP

         

	Marital status:	
        CNPJ:

         
	
        Current Account No.

         

	
        3. Guarantor (S), hereinafter
(s) simply Guarantor (S): 

        3.1. Name: None

         
	CPF / CNPJ:
	Address:	City/UF	Marital Status:
	Spouse's name (if applicable):	CPF's spouse
	
        4. THIRD(S) WARRANTOR(ES) and/or Debtor(s) secured(s),
hereinafter (s) simply WARRANTOR(ES): 

        4.1. Name: None

         
	CPF / CNPJ:
	Address:	City/UF	Marital Status:
	Spouse's name (if applicable):	CPF's spouse
	
        II - GUARANTEE (S): 

        None 
	Price R$

 

1This instrument, hereinafter NLO: (i) confirms
the completion of transaction(s) ("Transaction (s)") of flexible options on exchange rates ( "options"), as
defined below, between the

 

above parties, hereinafter referred to as the "Parties"; and
(ii) includes and subordinates yourself to the terms of the Agreement between the BANK and the COUNTERPART as
defined in the preamble.

 

    	1

     

    

2The Transactions, now contracted (s) will have the following
characteristics in common:

 

	DATE OF OPERATION	08/10/2015
	OPTION HOLDER	
        (X) COUNTERPART (where 0 BANK will be 0 launcher); or 

        () BANK (in which case the COUNTERPART will be 0 launcher)

         

	OBJECT OF OPTION	
        (X) PURCHASE (CALL); or 

        () SALE (PUT)

         

	PURPOSE ASSETS	UNITED STATES DOLLARS
	TYPE OF OPTION	
        (X) EUROPEAN; or 

        () AMERICAN

         

	DATED LIQUIDATION OF THE PRIZE	08/10/2015
	COTACAOPARA settlement	PTAX D-1   coin selling exchange -tax indicated in "active-object" field by real traded on the Foreign Exchange Market, published by the Central Bank of Brazil, in the immediately preceding business day to the Maturity Date or early maturity date as Agreement, closing quote for immediate delivery, to be used with a maximum of four decimal places.

 

3 The specific provisions, applicable to the Transaction(s), either hired (s), are
as follows:

 

	NUMBER CETIP	DUE DATE	REFERENCE VALUE	PREMIUM	Exercise price
	PINEMI50113	10/15/2015	US$ 143,631.00 (one hundred forty-three thousand, six hundred and thirty-one US Dollars)	R$ 21,449.85 (twenty-urn thousand four hundred and forty nine reais and eighty-five cents)	R$ 3.70 (three real point seven zero cents) per US$1.00
	PINEM150114	11/16/2015	US$ 145,266.00 (one hundred forty-five thousand two hundred sixty-six US Dollars)	R$ 33,460.57 (thirty-three thousand four hundred and sixty reais and fifty seven cents)	R$ 3.70 (three real point seven zero cents) per US$1.00

 

    	2

     

    

 

	PINEM150115	12/15/2015	US$ 141,897.00 (one hundred and forty-urn thousand and eight hundred ninety-seven US Dollars)	R$ 40,303.00 (forty thousand and three hundred and three reais)	R$ 3.70 (three real point seven zero cents) per US$1.00
	PINEM150116	01/15/2015	US$ 143,495.00 (one hundred forty-three thousand, four hundred ninety-five US Dollars)	R$ 46,912.82 (forty-six thousand, nine hundred and twelve reais and eighty-two cents)	R$ 3.70 (three real point seven zero cents) per US$1.00
	PINEM150117	02/15/2015	US$ 143,111.00 (one hundred forty-three thousand, one hundred and eleven US Dollars)	R$ 51,803.31 (fifty urn thousand eight hundred and three reais and thirty cents urn)	R$ 3.70 (three real point seven zero cents) per US$1.00
	PINEM150118	03/15/2015	US$ 140,820.00 (one hundred and forty thousand eight hundred and twenty US Dollars)	R$ 55,749.22 (fifty-five thousand seven hundred and forty nine reais and twenty two cents)	R$ 3.70 (three real point seven zero cents) per US$1.00

 

4 The terms used in this NLO capitalized, while not expressly
defined in this NLO, will have the same meanings assigned to them in the Agreement.

 

5 Transactions will settled on the Maturity Date above (s) or
in other momenta under the PROVISIONS of the Agreement, and the payment for the benefit of the creditor Party, held as agreed in
this instrument.

 

6 COUNTERPART declares that it understands and agrees
to all the terms of the NLO and therefore understands that due to the risks undertaken in these transactions, BANK becomes
the debtor.

 

    	3

     

    

7 COUNTERPART, through undersigned representatives,
if the case, states that Transactions to this NLO has (have) been examined and approved(s) by administrators empowered to approve
the obligations set forth in this NLO.

 

8 COUNTERPART acknowledges that the Transactions,
and are a business risk, that your (s) result (s) are unpredictable, and the Agreement is a random contract in accordance with
articles 458 and following of the Brasilian Civil Code.

 

9 The Parties hereby declare and agree that, in accordance
with the terms of the current legislation, the Transactions will be registered at Cetip SA –Organized Counter of Assets and
Derivatives ("Cetip") whose regulation is fully known by the Parties.

 

10 If applicable, the Guarantor(s) and GUARANTEE(S)
states  full knowledge of the Transaction described in the Agreement and the confirmations, and since already, agree (s)
with all the Transactions and their confirmations, forcing up the conditions thereof, as well as assume warranty obligations under
the Contract, this NLO, the laws and regulations in force.

 

10.1. The
Guarantor(s) and GUARANTEE(S) expressly know the risks inherent in the Transactions and sign this instrument
as borrower(s) Solidarity(s) and major(s) payer(s), in accordance with articles 264 and following of the Civil Code, for the total
liquidation of the debit, including principal and accessories of charge and additions, default interest and compensatory, fines,
advocatfcios honoraria, expenses and other commitments expressed in this Agreement and NLO, and the responsibility assumed in character
irrevocably and irreversibly, niobium behaving exonerayiio in no event lasting until full compliance of all obligations undertaken
under this instrument. Also declares, if applicable, co-responsible(s), as the debtor(s)
Solidarity(s) and major(s) payer(s) in relation to each promissory note or global promissory note that there is endorsed.

 

10.2 The Guarantor(s) and GUARANTEE(S) states
expressly, be as borrower(s) Solidarity(s) of all obligations stated herein and / or that
may be undertaken with the Transactions and its NLOs, or as guarantor (s) of promissory note (s) in order to guarantee full compliance
with all obligations herein assumed by COUNTERPART, whether major or accessory, with its additions compensatory and late
payment, collection costs, court costs and advocatfcios honorary expressly waived the benefits of order, division and exemption
provided for in articles 333, sole paragraph, 827, 830, 835, 837, 838 and 839 of the Brazilian Civil code, as well as with the
requirements established by Article 595 of the Code of Civil Procedure, and its responsibility/obligation assumed on a irrevocably
and irreversibly basis, notwithstanding dismissal under any circumstances, lasting until the complete fulfillment of all obligations
undertaken under the Agreement and this NLO.

 

    	4

     

    

11 Under clause 2.2 of the Agreement, if not avoided disagreement
of COUNTERPART manifested the date of receipt, in relation to the terms of this NLO, considered it formalized(s)
presente(s) Transaction(s) since this instrument is delivered to the BANK, signed by COUNTERPART, or
their legal representatives, and the Guarantor (s) and the GUARANTEE(E), as applicable, until 15 October
2015. Failure to return the NLO, within the specified period, shall provide the BANK option for completed Transactions,
with calculation of damages, or for continuity (s) of operation (s) in contracted terms, based on recordings telephonic and / or
any other evidence it deems sufficient.

 

And, being so fair and contracted, sign this NLO in 03 (three) copies
of equal content and form in the presence of the two undersigned witnesses, to all present.

 

Sao Paulo, October 8, 2015.

 

BANCO PINE SA

 

According:

 

/ s / Illegible / s / Illegible

 

AMYRIS BRAZIL LTDA

 

/ s / Ming Giani Valent / s / Erica Baumgarten

 

Witnesses

 

	/ s / Illegible	 	/ s / Illegible
	Name:	 	Name:
	C.Ident:	 	C.Ident:
	CPF / MF:	 	CPF / MF:

 

 

 

 

5Exhibit 10.16

 

 

 

ANNEX II -NOTE options
LAUNCH ("NLO")

 

	Cod. 0001-9	Agency: Mother	Hire the date ~: 08/10/2015
	Derivatives Global Contract No: 062/12 entered into 15/06/2012 and their additions ("Agreement").
	I Parties:
	1. BANCO PINE S.A. , with its principal place of business at Avenida das Nações Unidas, 8501, 29th and 30th Floors -Ed. Eldorado Business Tower, Pinheiros, São Paulo, SP, Postal Code 05425-070, Identification Number (CNPJ/MF)                     , hereinafter referred to as BANK.
	
        2.COUNTERPART, hereinafter COUNTERPART: 

        Name: AMYRIS BRAZIL LTDA

         

	
        Address: 

        Rua James Clerk Maxwell, No. 315 -Techno Park -CEP 13069-380

         
	
        City / State 

        Campinas-SP

         

	Marital status:	CNPJ:	Current Account No.
	
        3. Guarantor (S), hereinafter
(s) simply Guarantor (S): 

        3.1. Name: None

         
	CPF / CNPJ:
	Address:	City/UF	Marital Status:
	Spouse's name (if applicable):	CPF's spouse
	
        4. THIRD(S) WARRANTOR(ES) and/or Debtor(s) secured(s),
hereinafter (s) simply WARRANTOR(ES): 

        4.1. Name: None

         
	CPF / CNPJ:
	Address:	City/UF	Marital Status:
	Spouse's name (if applicable):	CPF's spouse
	
        II - GUARANTEE (S): 

        None

         
	Price R$

 

    	1

     

    

1This instrument, hereinafter NLO: (i) confirms
the completion of transaction(s) ("Transaction (s)") of flexible options on exchange rates ( "options"), as
defined below, between the above parties, hereinafter referred to as the "Parties"; and
(ii) includes and subordinates yourself to the terms of the Agreement between the BANK and the COUNTERPART as
defined in the preamble.

 

2The Transactions, now contracted (s) will have the following
characteristics in common:

 

	DATE OF OPERATION	08/10/2015
	OPTION HOLDER	
        () COUNTERPART (where 0 BANK will be 0 launcher); or 

        (X) BANK (in which case the COUNTERPART will be 0 launcher)

         

	OBJECT OF OPTION	
        (X) PURCHASE (CALL); or 

        () SALE (PUT)

         

	PURPOSE ASSETS	US DOLLAR
	TYPE otion	
        (X) EUROPEAN; or 

        () AMERICAN

         

	Dated liquidation PRIZE	08110/2015
	COTACAOPARA settlement	PTAX D-1 coin selling exchange -taxa indicated in "active-object" field by real traded on the Foreign Exchange Market, published by the Central Bank of Brazil, in the immediately preceding business day to the Maturity Date or early maturity date as Agreement, closing cotayao for immediate delivery, to be used with a maximum of four decimal places.

 

3 The specific provisions, applicable to the Transaction(s), either
hired (s), are as follows:

 

	NUMBER CETIP	DUE DATE	REFERENCE VALUE	PREMIUM	Exercise price
	PINEMI50119	10/15/2015	US$ 143,631.00 (one hundred forty-three thousand, six hundred and thirty US Dollars	R$ 5.74 (five reais and seventy-four cents)	R$ 4.20 (four reais  twenty cents) per US$ 1.00

 

    	2

     

    

	PINEM150120	11/16/2015	US$ 145,266.00 (one hundred forty-five thousand two hundred sixty-six US Dollars)	R$ 3,640.36 three thousand six hundred and forty reais and thirty-six cents)	R$ 4.20 (four reais twenty cents) per US$ $ 1.00
	PINEM150121	12/15/2015	US$ 141,897.00 (one hundred and forty-urn thousand and eight hundred ninety-seven US Dollars)	R$ 8,347.80 (eight thousand and three hundred forty-seven reais and eighty cents)	R$ 4.20 (four reais twenty cents) per US$ 1.00
	PINEM1501 22	01/15/2015	US$ 143,495.00 (one hundred forty-three thousand, four hundred ninety-five US Dollars)	R$ 12,987.73 (twelve thousand nine hundred and eighty seven reais and seventy three cents)	R$ 4.20 (four reais twenty cents) per US$ 1.00
	PINEM1501 23	02/15/2015	US$ 143,111.00 (one hundred forty-three thousand, one hundred and eleven US Dollars)	R$ 17,007.31 (seventeen thousand and seven reais and thirty cents)	R$ 4.20 (four reais twenty cents) per US$ 1.00
	PINEM1501 24	03/15/2015	US$ 140,820.00 (one hundred and forty thousand eight hundred and twenty US Dollars)	R$ 20,837.13 (twenty thousand and eight hundred thirty-seven reais thirteen cents)	R$ 4.20 (four reais twenty cents) per US$ 1.00

 

4 The terms used in this NLO capitalized, while not expressly
defined in this NLO, will have the same meanings assigned to them in the Agreement.

 

5 Transactions will settled on the Maturity Date above (s) or
in other momenta under the PROVISIONS of the Agreement, and the payment for the benefit of the creditor Party, held as agreed in
this instrument.

 

6 COUNTERPART declares that it understands and agrees
to all the terms of the NLO and therefore understands that due to the risks undertaken in these transactions, BANK becomes
the debtor.

 

 

    	3

     

    

7 COUNTERPART, through undersigned representatives,
if the case, states that Transactions to this NLO has (have) been examined and approved(s) by administrators empowered to approve
the obligations set forth in this NLO.

 

8 COUNTERPART acknowledges that the Transactions,
and are a business risk, that your (s) result (s) are unpredictable, and the Agreement is a random contract in accordance with
articles 458 and following of the Brasilian Civil Code.

 

9 The Parties hereby declare and agree that, in accordance
with the terms of the current legislation, the Transactions will be registered at Cetip SA –Organized Counter of Assets and
Derivatives ("Cetip") whose regulation is fully known by the Parties.

 

10 If applicable, the Guarantor(s) and GUARANTEE(S)
states  full knowledge of the Transaction described in the Agreement and the confirmations, and since already, agree (s)
with all the Transactions and their confirmations, forcing up the conditions thereof, as well as assume warranty obligations under
the Contract, this NLO, the laws and regulations in force.

 

10.1. The
Guarantor(s) and GUARANTEE(S) expressly know the risks inherent in the Transactions and sign this instrument
as borrower(s) Solidarity(s) and major(s) payer(s), in accordance with articles 264 and following of the Civil Code, for the total
liquidation of the debit, including principal and accessories of charge and additions, default interest and compensatory, fines,
advocatfcios honoraria, expenses and other commitments expressed in this Agreement and NLO, and the responsibility assumed in character
irrevocably and irreversibly, niobium behaving exonerayiio in no event lasting until full compliance of all obligations undertaken
under this instrument. Also declares, if applicable, co-responsible(s), as the debtor(s)
Solidarity(s) and major(s) payer(s) in relation to each promissory note or global promissory note that there is endorsed.

 

10.2 The Guarantor(s) and GUARANTEE(S) states
expressly, be as borrower(s) Solidarity(s) of all obligations stated herein and / or that
may be undertaken with the Transactions and its NLOs, or as guarantor (s) of promissory note (s) in order to guarantee full compliance
with all obligations herein assumed by COUNTERPART, whether major or accessory, with its additions compensatory and late
payment, collection costs, court costs and advocatfcios honorary expressly waived the benefits of order, division and exemption
provided for in articles 333, sole paragraph, 827, 830, 835, 837, 838 and 839 of the Brazilian Civil code, as well as with the
requirements established by Article 595 of the Code of Civil Procedure, and its responsibility/obligation assumed on a irrevocably
and irreversibly basis, notwithstanding dismissal under any circumstances, lasting until the complete fulfillment of all obligations
undertaken under the Agreement and this NLO.

 

    	4

     

    

11 Under clause 2.2 of the Agreement, if not avoided disagreement
of COUNTERPART manifested the date of receipt, in relation to the terms of this NLO, considered it formalized(s)
presente(s) Transaction(s) since this instrument is delivered to the BANK, signed by COUNTERPART, or
their legal representatives, and the Guarantor (s) and the GUARANTEE(E), as applicable, until 15 October
2015. Failure to return the NLO, within the specified period, shall provide the BANK option for completed Transactions,
with calculation of damages, or for continuity (s) of operation (s) in contracted terms, based on recordings telephonic and / or
any other evidence it deems sufficient.

 

And, being so fair and contracted, sign this NLO in 03 (three) copies
of equal content and form in the presence of the two undersigned witnesses, to all present.

 

Sao Paulo, October 8, 2015.

 

BANCO PINE SA

 

According:

 

/ s / Illegible / s / Illegible

 

AMYRIS BRAZIL LTDA

 

/ s / Ming Giani Valent / s / Erica Baumgarten

 

Witnesses

 

	/ s / Illegible	 	/ s / Illegible
	Name:	 	Name:
	C.Ident:	 	C.Ident:
	CPF / MF:	 	CPF / MF:

 

 

 

5

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