Document:

Supply Rights Agreement

 EXECUTION VERSION 
 Exhibit 10.19 
 ***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 230.406 
 SUPPLY RIGHTS AGREEMENT 
 THIS SUPPLY RIGHTS AGREEMENT
(this “Agreement”) is made as of the 1st
day of December, 2010 by and between Genomatica, Inc., a Delaware corporation (“Genomatica”), and Waste Management National Services, Inc., a Delaware corporation (“WM”). Genomatica and WM are occasionally referred
to herein individually as a “Party” and collectively as the “Parties.” 
 RECITALS:

 WHEREAS, as a condition to and simultaneous with the Parties’ execution and delivery of this Agreement, Genomatica
and WM Organic Growth, Inc. (“WMOG”), an Affiliate (as defined in Section 3 below) of WM, are entering into a Joint Development Agreement dated as of the date hereof (the “JDA”), that sets forth their
respective rights and obligations with respect to the joint development by Genomatica and WMOG of technology for the production of [...***...] from syngas produced primarily from Waste, as defined in the JDA; 

WHEREAS, WM, through its Affiliates, is in the business of collecting, sorting and transporting solid waste, and Genomatica expects to
require a stable and regular supply of Waste; 
 WHEREAS, as a condition to Genomatica and WMOG’s execution and delivery of
the JDA, the Parties desire to simultaneously enter into this Agreement regarding the supply by WMOG of Waste for use in the Field and Territory, both as defined in the JDA; and 

AGREEMENT: 
 NOW, THEREFORE, in consideration of the mutual promises hereinafter set forth and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties
hereby agree as follows: 
 1. Definitions. The following terms are defined in the JDA and used in this Agreement. In the
event of a conflict between the definitions contained in this Section 1 and the JDA, the JDA shall control. 
 1.1
Field. “Field” shall mean the production of [...***...] from syngas produced primarily from Waste materials. 
 1.2 In-Field Commercial Agreement. “In-Field Commercial Agreement” shall mean an agreement entered into by Genomatica, directly or through any Affiliate of Genomatica, that grants to a
third party (excluding WMOG or any Affiliate of WMOG or Genomatica) a license or similar right to use the Program Technology (as defined in the JDA) to produce [...***...] within the Field and Territory. 

  

					
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 1.3 Territory. “Territory” shall mean North America (including the U.S.,
Canada and Mexico). 
 1.4 Waste. “Waste” shall mean municipal solid waste; [...***...].
“Agricultural Residues” shall mean by-products from the farming or harvesting of agricultural crops or forestry products. 
 2. Agreement by Third Party Licensees. As a condition to Genomatica entering into an In-Field Commercial Agreement with a third party (a “Third Party Licensee”), such Third Party
Licensee must agree to the terms of this Agreement, as may be amended with respect to such Third Party Licensee upon mutual agreement of WM, WMOG and the Third Party Licensee. 
 3. Rights to Supply Feedstock Waste. In the event that (i) WMOG terminates the JDA prior to successful completion of Stage 4 of the JDA, (ii) WMOG does not exercise its option under
Section 8.2 of the JDA, (iii) WMOG and Genomatica are unable to reach agreement and enter into the Commercialization Agreement, as defined in the JDA, under Section 8.2 of the JDA or (iv) the exclusive license under the
Commercialization Agreement becomes non-exclusive, then the provisions of this Section 3 shall apply, provided, however, if WMOG terminates the JDA prior to successful completion of Stage 4 of the JDA, the Right of Last Look set forth in
Section 3.2 shall not apply. 
 3.1 Right of First Offer. 

(a) WM shall have the exclusive right of first offer to supply Genomatica, its Affiliates and its Third Party Licensees (the
“Supplied Parties”) with such quantities of Waste as are necessary to satisfy 100% of their Waste requirements for the production of [...***...] within the Field and Territory using the Program Technology, including any
research & development or pilot production requirements (the “Feedstock Waste”). Upon determination by a Supplied Party that Feedstock Waste (or additional quantities of Feedstock Waste) will be required, the Supplied Party
shall deliver to WM a written notice (the “First Offer Notice”) stating, among other things, the location of the facility requiring Feedstock Waste and the amount of anticipated requirements of Feedstock Waste for a specified period
of time (the “Feedstock Requirements”)]. Upon receipt of the First Offer Notice, WM shall have the right within 15 days following receipt of the First Offer Notice (the “First Offer Period”) to make a written offer
(the “First Offer”) to supply all or a portion of the Feedstock Waste to satisfy the Feedstock Requirements, which First Offer shall set forth the terms and conditions whereby WM is willing to provide the Feedstock Waste
[...***...]. If WM delivers to the Supplied Party the First Offer within the First Offer Period, the Supplied Party may either accept or reject the First Offer within the 15-day period following the Supplied Party’s receipt of the First
Offer (the “First Offer Acceptance Period”). If the Supplied Party accepts the First Offer, then the Parties shall proceed with the execution and delivery of a supply agreement in accordance with Section 5.

  

					
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 (b) If (i) WM fails to make a First Offer during the First Offer Period, (ii) the
Supplied Party rejects the First Offer or (iii) the First Offer Acceptance Period expires without the Supplied Party’s acceptance of the First Offer, then the First Offer and all rights under Section 3.1(a) shall expire and the
Supplied Party shall be entitled to solicit offers from third parties, negotiate with third parties and enter into agreements with third parties for the supply of the Feedstock Waste to satisfy the Feedstock Requirements, in accordance with
Section 3.2, as applicable. 
 (c) If WM indicates in the First Offer that it is only able to partially fulfill the
Feedstock Requirements, then the Supplied Party shall be entitled to solicit offers from third parties and negotiate and enter into agreements or commitments with third parties for the supply of any Feedstock Waste it requires in excess of the
Feedstock Waste supplied by WM in order to satisfy such excess Feedstock Requirements. 
 3.2 Right of Last Look. If
(i) WM fails to make a First Offer during the First Offer Period, (ii) the Supplied Party rejects the First Offer or (iii) the First Offer Acceptance Period expires without the Supplied Party’s acceptance of the First Offer as
set forth in Section 3.1(b), the Supplied Party shall be entitled to approach and negotiate with third parties for supply of the amounts of Feedstock Waste to satisfy the Feedstock Requirements. If the Supplied Party receives a bona fide
written offer from a third party for the supply of the Feedstock Waste (a “Third Party Offer”) which it deems acceptable, the Supplied Party shall promptly submit evidence to WM of such Third Party Offer, and WM shall have 10 days
from receipt thereof (the “Third Party Offer Notice Period”) to give notice to the Supplied Party of whether it shall match the Third Party Offer and supply to the Supplied Party the Feedstock Waste on the terms and conditions as
set forth in the Third Party Offer. If WM gives notice that it shall match the Third Party Offer, then WM and the Third Party shall proceed with the execution and delivery of a supply agreement in accordance with Section 5. If WM gives
notice to the Supplied Party that it declines to match the Third Party Offer, or WM fails to timely respond to the Third Party Offer within the Third Party Offer Notice Period, the Supplied Party may proceed with the execution and delivery of an
agreement to purchase Feedstock Waste from the third party supplier in accordance with the terms of the Third Party Offer, subject to the Minimum Feedstock Waste Pricing Terms set forth in Section 3.3; provided that such agreement
must be executed and delivered within 30 days after the expiration of all applicable periods set forth above (the “Third Party Offer Acceptance Period”). If the Supplied Party does not execute and deliver an agreement with such
third party prior to the expiration of the Third Party Offer Acceptance Period, then the Supplied Party may not enter into any agreement for, or solicit or negotiate offers for, the supply of Feedstock Waste from any third party without complying
again in full with the provisions of Section 3, including, without limitation, the delivery of a new First Offer Notice to WM with respect to the proposed supply of Feedstock Waste. 

3.3 Minimum Feedstock Waste Pricing Terms. Notwithstanding the foregoing provisions of Section 3.2, in the event that
a Third Party Offer contemplates that the third party supplier of Feedstock Waste will pay the Supplied Party a fee (net or inclusive of any shipping, delivery or transportation costs) for receiving the Feedstock Waste (rather than the Supplied
Party paying the supplier a fee for the supply of Feedstock Waste), then WM shall have the right to supply up to the full amount of the Feedstock Requirements at zero cost per ton of Feedstock Waste to the Supplied Party (the “Minimum
Feedstock Waste Pricing 

  
 3 

 
Terms”). In the event that WM accepts the Minimum Feedstock Waste Pricing Terms, the Parties shall promptly proceed with the execution and delivery of a supply agreement in accordance
with Section 5, which shall incorporate all of the other terms and conditions as are required by Section 5 hereof. 
 4. Affiliates. 
 4.1 WM shall be permitted to cause any of its Affiliates
(as defined below) to supply Feedstock Waste or perform other obligations of WM in satisfaction of its obligations under this Agreement without the prior consent of Genomatica. 

4.2 The term “Affiliate” means any person or entity directly or indirectly controlling, controlled by, or under common control
with a Party, and for this purpose, “control,” “controlling” and “controlled by” shall mean the ownership and control of more than fifty percent (50%) of the outstanding voting securities or interest in capital or
profits of any person or entity, or the right to direct or control the management or affairs of any person or entity by contract or similar arrangement. Should a Party divest an Affiliate or should an Affiliate cease to satisfy this definition, such
Affiliate’s rights and obligations under this Agreement shall be terminated. 
 4.3 Genomatica shall cause each of its
Affiliates producing [...***...] within the Field and the Territory to be bound by the same obligations as set forth in Section 2. 
 4.4 The obligations of Section 3 shall apply to any subcontractor or vendor or other party that purchases Feedstock Waste on behalf of a Supplied Party or supplies syngas produced primarily
from Waste to a Supplied Party for use in the Field in the Territory. 
 5. Supply Agreement. If WM shall be the supplier
of Feedstock Waste to the Supplied Party as a result of the Supplied Party’s acceptance of the First Offer, WM’s match of the Third Party Offer or WM’s acceptance of the Minimum Feedstock Pricing Terms as set forth in
Section 3, the Parties shall enter into a supply agreement setting forth the terms and conditions regarding the supply and purchase of the Feedstock Waste (the “Supply Agreement”), which Supply Agreement shall be
substantially in the form attached hereto as Exhibit A. 
 6. Term and Termination. This Agreement shall commence
on the date hereof and terminate fifteen (15) years following the effective date of this Agreement, unless earlier terminated under Section 10 of this Agreement or by Genomatica in the event Genomatica terminates the JDA in accordance with
Section 12.2 of the JDA. 
 7. Confidentiality. The Parties agree that all proprietary and other confidential
information disclosed by either Party to the other in connection with this Agreement, if any, including, shall be held in strict confidence by the receiving Party and shall not be disclosed by such Party to any third party, except (a) as may be
required by court order, laws or regulations or any governmental authority, (b) to such party’s employees, auditors, consultants, banks, financial advisors and legal advisors, (c) information that becomes publicly available through no
breach of this Agreement, (d) information which becomes available on a non-confidential basis from a third party. 

  

					
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 8. Independent Contractor. Nothing contained herein shall be deemed or construed to
create any partnership or joint venture between any of Genomatica, WM, their Affiliates, and a Third Party Licensee. All activities by one Party under the terms of this Agreement shall be carried on by such Party as an independent contractor and not
as an agent for or employee of the other Party. Under no circumstances shall any employee of one Party who is performing services under this Agreement be deemed or construed to be an employee of the other Party. 

9. Assignment. This Agreement shall be binding upon the Parties and their respective successors, representatives and permitted
assigns. Except as set forth herein, neither Party may assign this Agreement or its rights and obligations contained herein, nor may either Party delegate its duties herein, except upon receipt of the other Party’s written approval, not to be
unreasonably withheld or delayed; provided, however, that a Party may, without the other Party’s consent, assign this Agreement or its rights and obligations contained herein, or delegate its duties herein, to (i) a successor in interest
to all or substantially all of the business of such Party to which this Agreement relates, whether by merger, sale of stock, sale of assets or otherwise, or (ii) any Affiliate, provided that such third party successor in interest or Affiliate
can reasonably assume all of the obligations of such Party under this Agreement. Notwithstanding the foregoing, Genomatica may not assign this Agreement or its rights and obligations contained herein, or delegate its duties herein, to a successor in
interest or Affiliate that is a competitor of WM without WM’s written approval, which may be withheld in WM’s discretion, and for purposes of this provision, a competitor of WM shall mean an entity that derives at least 60% of its revenue
from a combination of one or more of Waste collection, transport, disposal and treatment, as measured for the most recently completed four (4) fiscal quarters prior to the date of such assignment or delegation by Genomatica. Exemplary
competitors, include, but are not limited to Republic Services, Inc. and Waste Connections, Inc.] Any attempted assignment or delegation without the prior written consent required by this Section 9 shall be void and ineffective. 

10. Termination for Change of Control. Notwithstanding the provisions of Section 9, either Party may terminate this
Agreement, without liability, by providing a notice of termination to the other Party within thirty (30) days of notice of a Change of Control of such other Party, which termination shall be effective upon closing of such Change of Control. For
purposes of this Section, a “Change of Control” of a Party occurs upon: (a) the closing of a merger or other business combination or transaction that results in any person, directly or indirectly, acquiring beneficial ownership of
more than 50% of such Party’s then outstanding shares of voting capital stock, excluding any such transaction principally for bona fide equity financing purposes, or (b) the closing of a sale of all or substantially all of the assets of
such Party to a person in one transaction or in a series of related transactions, excluding any transaction described in clause (a) or (b) in which, immediately after the consummation of such transaction, the holders of voting capital
stock of such Party (or such Party’s ultimate parent entity) immediately prior to such transaction beneficially own, directly or indirectly, (including through one or more Affiliates) more than 50% of the outstanding voting capital stock of the
surviving entity (or the parent of such surviving entity) in such transaction. Each Party must give the other no less than thirty (30) days’ prior notice of any Change in Control of such Party. 

11. Successors and Assigns. This Agreement shall be binding upon the Parties and shall inure to the benefit of the Parties and
their Affiliates, and each of their respective permitted successors and assigns. 

  
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 12. Entire Agreement. This Agreement, in the case of Genomatica and WM together with
the JDA, constitute the entire agreement between the Parties with respect to the subject matter hereof and supersede all prior communications, representations or agreements, whether written or oral, to the extent such terms are different from or
inconsistent with the terms of this Agreement. 
 13. Counterparts. This Agreement may be executed in counterparts, each
of which shall be deemed an original, but all of which together shall constitute one and the same instrument. 
 14.
Governing Law, Venue. This Agreement shall be subject to the laws of the State of New York, excluding any choice of law rules that would direct application of the law of any other jurisdiction. Any final judgment entered against a Party in
any proceeding shall be conclusive and may be enforced in any other jurisdiction by suit on the judgment. The parties (a) hereby irrevocably and unconditionally submit to the jurisdiction of the state courts of the [...***...] and to the
jurisdiction of the United States federal courts located within the [...***...] for the purpose of any suit, action or other proceeding arising out of or based upon this Agreement, (b) agree not to commence any suit, action, or other
proceeding arising out of or based upon this Agreement except in the state courts of the [...***...] or the United States federal courts located within the [...***...], and (c) hereby waive, and agree not to assert, by way of
motion, as a defense, or otherwise, in any such suit, action, or proceeding, any claim that it is not subject personally to the jurisdiction of the above-named courts, that its property is exempt or immune from attachment or execution, that the
suit, action, or proceeding is brought in an inconvenient forum, that the venue of the suit, action, or proceeding is improper or that this Agreement or the subject matter hereof may not be enforced in or by such court. 

15. No Third Party Beneficiaries. This Agreement shall not create any rights in favor of any party other than Genomatica, WM,
their respective Affiliates and any Third Party Licensee signatories to this Agreement. 
 16. Notices. All notices under
this Agreement shall be in writing and shall be deemed duly given on (a) the date of personal or courier delivery; (b) the date of transmission by telecopy or other electronic transmission service, with proof of transmission; or
(c) three (3) business days after the date of deposit in the United States mail, by postage paid, return receipt requested first-class mail, addressed as follows: 

 

			
	Genomatica:	  	Genomatica, Inc.
		  	10520 Wateridge Circle
		  	San Diego, CA 92121
		  	Telephone: (858) 824-1771
		  	Facsimile: (858) 824-1772
		  	Attention: Chief Technology Officer
	
	 With a copy to:

		  	Cooley LLP
		  	4401 Eastgate Mall
		  	San Diego, CA 92121-1909
		  	Telephone: (858) 550-6013
		  	Facsimile: (858) 550-6420
		  	Attention: Tom Coll

  

					
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		  	Kay Chandler
		
	WM:	  	Waste Management National Services, Inc.
		  	1001 Fannin St., Suite 4000
		  	Houston, TX 77002
		  	Facsimile: (713) 209-9710
		  	Attention: General Counsel
	
	 With a copy to:

		  	Stinson Morrison Hecker LLP
		  	1201 Walnut, Suite 2900
		  	Kansas City, MO 64106
		  	Telephone: (816) 842-8600
		  	Facsimile: (816) 691-3495
		  	Attention: Jack Bowling
		  	                  Andrea Sellers

 17. Modifications. No modification, amendment, extension, renewal, decision, termination or waiver
of any provision contained herein shall be binding upon either Party unless in writing and signed on its behalf by an authorized signatory. 
 18. Severability. If any provision of this Agreement, or any portion thereof, is invalid or unenforceable under any statute, regulation, ordinance, executive order or other rule of law, such
provision, or portion thereof, shall be deemed reformed or deleted, but only to the extent necessary to comply with such statute, regulation, ordinance, order or rule, and the remaining provisions of this Agreement shall remain in full force and
effect. 
 19. Waiver of Rights and Remedies. No waiver of any obligation or rights of any Party hereunder shall be
effective unless in writing, specifying such waiver, executed by the Party making such waiver. A waiver by a Party of any of its rights or remedies under this Agreement on any occasion shall not be a waiver to a continuing breach and shall not be a
bar to the exercise of the same right or remedy on a subsequent occasion or of any other right or remedy at any time. 
 20.
Escalation and Dispute Resolution. 
 20.1 Escalation/Informal Dispute Resolution. Both Parties agree to use all
commercially reasonable efforts to work out issues that arise in connection with the performance of this Agreement and any Development Plan and the negotiations of the Commercialization License. In the event that a dispute arises between the Parties
under this Agreement or any Development Plan (each a “Dispute”), the matter shall first be escalated to the Program Managers in an attempt to settle such Dispute through consultation and negotiation in good faith. If the Program Managers
are unable to resolve the Dispute within [...***...], each Party shall appoint an additional senior executive to serve with the Program Managers as a committee for resolution of the Dispute, which committee shall further

  

					
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attempt to settle such Dispute through consultation and negotiation in good faith. If the above procedures have not resulted in a mutually acceptable resolution of the issue within
[...***...] of the Dispute first being addressed by the Program Managers, either Party may seek resolution of the Dispute through binding arbitration pursuant to Section 21.2 below. 

20.2 Arbitration. The Parties stipulate and agree that if they are unable to resolve any Dispute as contemplated by
Section 20.1 hereof, then such Dispute shall be resolved by final and binding arbitration conducted in [...***...] by a panel of three (3) arbitrators in accordance with and subject to the Commercial Arbitration Rules of the American
Arbitration Association (“AAA”) then in effect. Following notice of a Party’s election to require arbitration, each Party shall within thirty (30) days select and identify in writing to the other Party one (1) arbitrator,
and those two (2) arbitrators shall within thirty (30) days thereafter select a third arbitrator. If the two arbitrators are unable to agree on a third arbitrator within thirty (30) days, the AAA shall within thirty (30) days
thereafter select such third arbitrator. Discovery as permitted by the Federal Rules of Civil Procedure then in effect shall be allowed in connection with arbitration to the extent consistent with the purpose of the arbitration and as allowed by the
arbitrators. Judgment upon the award rendered in any arbitration may be entered in any court of competent jurisdiction, or application may be made to such court for a judicial acceptance of the award and an enforcement, as the law of the state
having jurisdiction may require or allow. The fact that arbitration is or may be allowed shall not impair the exercise of any termination rights under this Agreement. 
 20.3 Exceptions to Arbitration. The only circumstance in which Disputes between the Parties will not be subject to the provisions of Sections 20.1 and 20.2 above is where a Party makes a good faith
determination that a breach of the terms of the Agreement or Development Plan is such that damage resulting from the breach will be so immediate, irreparable, severe, or otherwise incapable of adequate redress that a temporary restraining order or
other immediate injunctive relief is the only adequate remedy for such breach. 
 20.4 Continued Performance. Except
where prevented from doing so by the matter in dispute, the Parties agree to continue performing their obligations under this Agreement while any good faith Dispute is being resolved unless and until such obligations are terminated by the
termination or expiration of this Agreement. 
 [Remainder of Page Intentionally Left Blank] 

  

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

			
	GENOMATICA, INC.
		
	By:	 	 /s/ William Baum

	Name:	 	William Baum
	Title:	 	Executive Chairman
	
	WASTE MANAGEMENT NATIONAL SERVICES, INC.
		
	By:	 	 /s/ Carl R. Rush, Jr.

	Name:	 	Carl R. Rush, Jr.
	Title:	 	Authorized Signatory

 [Signature page for Supply Rights Agreement] 

 EXHIBIT A 
 FORM OF SUPPLY AGREEMENT 

 WASTE SUPPLY AGREEMENT 

This WASTE SUPPLY AGREEMENT (“Agreement”) is made and entered into as of the latest day set forth on the signature page hereto
(the “Effective Date”), by and between
                                        , a
                    corporation (“Owner”) and
                                        
(“Supplier”). Owner and Supplier may be referred to herein collectively as the “Parties” and individually as a “Party.”[ Supplier will be a specific WM entity] 

R E C I T A L S 
 A. Owner owns and operates a facility located in                     County, State of
                    on property located at
                                        that
produces [...***...] from syngas produced primarily from waste (the “Facility”). 
 B. Supplier is in the
business of collection, transportation and disposal of municipal solid waste in the vicinity of the Facility. 
 C. Supplier and
Owner desire to enter into this Agreement to provide for the supply of waste to Owner’s Facility. 
 AGREEMENT

 In consideration of the mutual covenants and agreements contained herein, and other good and valuable consideration, the Parties,
intending to be legally bound, hereby agree as follows: 
 1. DEFINITIONS. As used in this Agreement, the following terms
shall have the following meanings: 
 1.1 “Agreement” shall mean this Waste Supply Agreement between Supplier and
Owner, as it may be amended or modified in writing from time to time. 
 1.2 “Excluded Material” shall mean waste
that: [...***...]. 
 1.3 “Hazardous Waste” shall mean waste that is required to be accompanied by a written
manifest or shipping document describing the waste as “hazardous waste” or “dangerous waste,” pursuant to any state or federal law and waste containing any substance or material defined, regulated or listed (directly or by
reference) as “hazardous substances,” “hazardous materials,” “hazardous wastes,” “toxic waste,” pollutants or “toxic substances” or similarly identified as hazardous to human health or the
environment, in or pursuant to federal, state or local laws, but shall not include any Special Waste as defined below. 
 1.4
“Waste” shall mean
[                                        ,] but
excludes Excluded Material. 

  

					
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 1.8 “Uncontrollable Circumstances” shall mean Acts of God including landslides,
lightning, storms, floods, freezing, and earthquakes; forest fires; civil disturbances; strikes; lockouts or other industrial disturbances; acts of the public enemy; wars; blockades; public riots; breakage; explosions; accident to machinery,
pipelines or materials; power failure; governmental restraint; damage to or destruction of the Facility as a result of events such as those described herein; or other causes, whether of the kind enumerated or otherwise, which are not reasonably
within the control of the party whose ability to perform under this Agreement is impaired or prevented by the Uncontrollable Circumstances event. 
 2. SUPPLY OF WASTE. Beginning on the Effective Date, and throughout the term of this Agreement, Supplier or its agents or subcontractors shall collect, load, transfer, transport and deliver to, and
Owner shall accept for disposal at the Facility                     tons [per day/month] of Waste. 

3. PAYMENT AND PAYMENT TERMS. [To be determined on a contract by contract basis] 

4. EXCLUDED MATERIAL; INSPECTION, REJECTION. Owner shall have the right to inspect, analyze or test any waste delivered by the
Supplier. Owner shall have the right to reject, refuse or revoke acceptance of any waste if, in the opinion of Owner, the waste or tender of delivery fails to conform to, or the Supplier fails to comply with, the terms of this Agreement, including
the delivery of waste meeting the definition of Waste hereunder. 
 5. COMPLIANCE WITH LAWS. The Supplier and Owner shall
fully comply with all federal, state and local statutes, regulations, permits, approvals and restrictions, any legal entitlement and any other rule, regulation, requirement, guideline, permit, action, determination or order of any governmental body
having jurisdiction, that is/are applicable to the collection, handling, transport, processing, storage or disposal of Waste, including any of the foregoing which concern health, safety, fire, environmental protection, labor relations, building
codes, non-discrimination and the payment of minimum wages. 
 6. TERM OF AGREEMENT. The initial term of this Agreement
shall be [                ] years, commencing on the Effective Date and ending on the day that is
[            ] years later. Unless sooner terminated pursuant to this Agreement, the term of this Agreement shall be automatically renewed for successive terms of
[                ] year(s) each, unless either party gives notice to the other party (in accordance with Section 15) at least sixty (60) days, but not more
than one hundred eighty (180) days, prior to the termination of the then-existing term. 
 7. LIMITED LICENSE TO
ENTER. Supplier and its subcontractors shall have a limited license to enter the Facility for the sole purpose of off-loading Waste at an area designated, and in the manner directed, by Owner. The Supplier shall, and shall ensure that its
subcontractors, comply with all rules and regulations of the Facility, including those relating to the use and operation of the Facility and conduct of persons on the premises of the Facility, as the same may be amended by Owner from time to time.
Owner may deny the Supplier or its subcontractors entry to the Facility in the event of the Supplier’s or its subcontractors’ failure to follow such rules and regulations. 

  

					
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 8. UNCONTROLLABLE CIRCUMSTANCES. Provided that the requirements of this Section are
met, neither Party shall be considered in default in the performance of its obligations under this Agreement (not including the obligation to make payments) to the extent that such performance is prevented or impaired by the occurrence of
Uncontrollable Circumstances. If, as a result of an event of Uncontrollable Circumstances, either Party is wholly or partially unable to meet its obligations under this Agreement, then it shall give the other Party prompt written notice of such
event, describing it in reasonable detail. The obligations under this Agreement of the affected Party shall be suspended, other than for payment of monies due, but only with respect to the particular component of obligations affected by the event
and only for the period during which the event of Uncontrollable Circumstances exists. 
 9. TERMINATION; DEFAULT. Either
Party shall have the right to terminate this Agreement upon giving the other Party written notice if the other Party (i) fails to make any payment required hereunder within ten (10) days after receiving notice of nonpayment from the
non-defaulting Party, or (ii) fails to comply with any federal, state or local laws, rules, orders or ordinances, or regulations that pertain to the collection, handling, storage, transportation, processing and/or disposal of Waste, or
(iii) defaults in the performance of any other material obligation of the defaulting Party under this Agreement and fails to cure such default within thirty (30) days after receiving written notice thereof from the non-defaulting Party,
provided, that, with regard to defaults identified in clause (iii) above, in the event the defaulting Party shows cause why it should be entitled to reasonable additional time to cure the default, the non-defaulting Party shall allow such
additional time. In addition, Owner shall have the right to terminate this Agreement upon ninety (90) days’ written notice to Supplier if the laws, regulations or orders of any governmental body having jurisdiction over Owner prohibit
Owner from operating the Facility as contemplated in this Agreement. 
 10. INSURANCE. Owner and Supplier each warrants
that it shall, and shall ensure that its subcontractors, secure and maintain in full force and effect throughout the term of this Agreement insurance coverage for commercial general liability (bodily injury and property damage), automobile liability
and workers’ compensation insurance with limits that are required by appropriate regulatory agencies or the following limits, whichever are greater: commercial general liability, [...***...] combined single limit per occurrence and
aggregate; automobile liability, [...***...] combined single limit per occurrence and aggregate; workers’ compensation, statutory limit; and pollution legal liability, [...***...]. 

11. INDEMNITY. 
 11.1 Indemnity. Each Party (“Indemnitor”) shall defend, indemnify and hold harmless the other Party and its employees, officers, agents and subcontractors (collectively,
“Indemnitees”), from and against any and all liabilities, penalties, fines, forfeitures, demands, claims, causes of action, suits, judgments and costs and expenses incidental thereto, including reasonable attorneys’ fees
(collectively,“Damages”), which any or all of the Indemnitees may hereafter suffer, incur, be responsible for or pay out as a result of personal injuries, property damage, or contamination of or adverse effects on the environment, to the
extent directly or indirectly caused by, or arising from or in connection with any negligent actions or omissions of Indemnitor, its employees, officers, owners, directors, agents or subcontractors, in the 

  

					
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performance of this Agreement. Such indemnity shall be limited to exclude Damages to the extent they arise as a result of any negligent actions or omissions of any of the Indemnitees. 

11.2 Notice, Defense. In the event of any suit against any Indemnitee under this Section 11, the Indemnitor shall appear and
defend such suit provided that the Indemnitor is notified in a timely manner of the suit. The Indemnitee shall have the right to approve counsel chosen by the Indemnitor to litigate such suit which approval shall not be unreasonably withheld. In the
event a dispute exists over whether a Party is entitled to indemnification, each Party shall defend itself until the dispute is resolved. Upon resolution of the indemnification dispute, the prevailing Party shall be entitled to indemnification for
its defense costs incurred prior to resolution. 
 11.3 Insurance. The indemnification obligation hereunder shall arise
only in excess of any available and collectible insurance proceeds and the Party indemnifying the other Party shall be liable hereunder to pay only its share of the amount of Damages, if any, that exceeds the total amount that all insurance has paid
for the Damages, plus the total amount of all deductible and self-insured expenses paid under all insurance policies. 
 11.4
Exclusion of Certain Damages. Neither Party will be liable to the other Party for consequential, incidental, punitive, exemplary or indirect damages, lost profits or revenues (except as part of direct damages) or other indirect damages
claimed in contract, equity, strict liability or indemnity, by statute or otherwise. 
 12. BINDING EFFECT, ASSIGNMENT.
This Agreement shall be binding upon and inure to the benefit of the Parties hereto and their respective heirs, successors and assigns provided that the rights, obligations and duties of each Party as specified in this Agreement may not be
transferred, assigned or otherwise vested in any other company, entity, or person without the prior written approval of the other Party which approval shall not be unreasonably withheld. Notwithstanding the foregoing, Supplier may assign or transfer
its rights and obligations hereunder to an affiliate of Supplier or a subsidiary of Supplier’s parent company without seeking or obtaining the approval of the Owner. 
 13. NOTICES. All notices required under this Agreement shall be personally delivered or mailed by certified mail, postage prepaid, return receipt requested, or sent by overnight carrier, or
confirmed facsimile to the Parties’ addresses on the signature page hereto, or to such other address as either Party shall specify by written notice so given. Any notice sent by mail in the manner set forth above shall be deemed given and
received three (3) business days after the date deposited in the United States mail. Any notice or communication given by personal delivery or sent by overnight carrier or confirmed facsimile in the manner set forth above shall be deemed given
upon receipt. 
 14. INDEPENDENT CONTRACTOR. Each Party hereto is and shall perform this Agreement as an independent
contractor, and as such, shall have and maintain complete control over all of its employees, agents, and operations. Neither Party nor anyone employed by it shall be, represent, act, purport to act or be deemed to be the agent, representative,
employee or servant of the other Party. 

  
 A-4

 15. NON-WAIVER. The failure of either Party to enforce its rights under any provision
of this Agreement shall not be construed to be a waiver of such provision. No waiver of any breach of this Agreement shall be held to be a waiver of any other breach. 
 16. ENTIRE AGREEMENT; AMENDMENT. This Agreement constitutes the entire agreement between the Parties concerning the subject matter hereof and supersedes any and all other communications,
representations, proposals, understandings or agreements, either written or oral, between the parties hereto with respect to such subject matter. This Agreement may not be modified or amended, in whole or in part, except by a writing signed by both
Parties hereto. 
 17. SEVERABILITY. If any provision of this Agreement is declared invalid or unenforceable, then such
provision shall be deemed to be severed from this Agreement and shall not affect the remainder hereof, which shall remain in full force and effect; however, the Parties shall amend this Agreement to give effect, to the maximum extent allowed by law,
to the intent and meaning of the severed provision. 
 18. GOVERNING LAW. This Agreement shall be governed by and
construed in accordance with the laws of the State of [                    ] regardless of any conflict of law provisions. 

EXECUTED AND EFFECTIVE as of the latest date set forth below. 

 

									
	OWNER	 		 	SUPPLIER
					
	By:	 	  
	 		 	By:	 	  

	Its:	 	  
	 		 	Its:	 	  

	Date:	 	  
	 		 	Date:	 	  

			
	 Address for Notice:
	 		 	Address for Notice:

  
 A-5Joint Development Agreement

 Exhibit 10.20 
 ***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 230.406 

JOINT DEVELOPMENT AGREEMENT 
 This Joint Development Agreement (this “JDA”), is dated as of this 15th day of March, 2011 (“Effective Date”), by and between Genomatica, Inc., a Delaware corporation
with principal offices located at 10520 Wateridge Circle, San Diego, California 92121 (hereinafter referred to as “Genomatica”), and Tate & Lyle Ingredients Americas, Inc., a Delaware corporation with principal offices
located at 2200 East Eldorado Street, Decatur, Illinois 62521 (hereinafter referred to as “T&L”). 

RECITALS: 

WHEREAS, Genomatica has invented and developed proprietary technology and recombinant microorganisms to produce 1,4-butanediol
(“Bio-BDO”); 
 WHEREAS, T&L possesses expertise in wet milling of corn and other raw materials into sugar
and/or starch, in the fermenting of sugar and/or starch, and in the separating and refining of fermentation products into commercial products; 
 WHEREAS, Genomatica and T&L have evaluated the economic feasibility of a biological route for the manufacture of Bio-BDO; 
 WHEREAS, Genomatica and T&L mutually desire to join their respective strengths in a relationship for the joint development of a process for producing renewable Bio-BDO from dextrose feedstocks sourced
from a T&L facility that may lead to the commercialization of Bio-BDO; and 
 WHEREAS, each Party recognizes it may be
necessary or desirable to grant to the other Party access to certain intellectual property in order to carry out the objectives of this JDA. 
 NOW THEREFORE, Genomatica and T&L agree to the following terms and conditions: 

ARTICLE I 

DEFINITIONS 
 1.1. Previously Defined Terms. Each term defined in the preamble and the Recitals to this JDA shall have the meaning set forth above whenever used herein. 

1.2. Definitions. In addition to the terms defined in the preamble and the Recitals of this JDA, the following terms, whenever
used herein, shall have the meanings set forth below: 

  
 1. 

 1.2.1. “Affiliate” shall mean, with respect to any specified Person, any
other Person that directly, or indirectly through one or more intermediaries, controls, is controlled by, or is under common control with, such specified Person, and for this purpose, “control,” “controlled by” and “common
control” shall mean the ownership and voting control of more than 50% of the outstanding voting securities or interest in capital or profits of such specified Person, or the right to direct or control the management or affairs of such specified
Person by contract or similar arrangement. Should a Person divest an Affiliate or should an Affiliate cease to satisfy this definition, such Affiliate’s rights and obligations under this JDA shall be terminated. 

1.2.2. “Background Intellectual Property” shall mean all Intellectual Property first conceived, reduced to practice
and/or otherwise acquired or obtained by a Party prior to the Effective Date or outside of the scope of the Joint Development Program and during the term of this JDA, including rights arising in the course of prosecution and maintenance of such
Intellectual Property, which such Party discloses or otherwise provides to the other Party for use in the Joint Development Program. 
 1.2.3. “Bio-BDO Field” shall mean the biological manufacture of Bio-BDO and the marketing and the sale of Bio-BDO, and includes research and development related to the foregoing.

 1.2.4. “Bioprocess” shall mean a process using microorganisms for the production of Bio-BDO. 

1.2.5. “By-Products” shall mean isolatable compounds or substances, other than Bio-BDO, produced by the Bioprocess.

 1.2.6. “Commercial Facility” shall have the meaning set forth in Section 2.1. 

1.2.7. “Commercialization Agreement” shall have the meaning set forth in Section 4.2.1. 

1.2.8. “Commercialization KPIs” shall have the meaning set forth in Section 3.2(b). 

1.2.9. “Commercialization Phase” shall mean activities related to the commercialization of Bio-BDO produced using the
Commercial Process in the Territory. 
 1.2.10. “Commercial Process” shall have the meaning set forth in
Section 2.1. 
 1.2.11. “Confidential Information” shall mean any and all proprietary information and
materials, in any form (written, oral, photographic, electronic, magnetic, or otherwise), including without limitation, information related to technical, business, and intellectual property matters, intellectual property including know-how, data,
trade secrets, and all documents and other physical materials relating to prototypes, materials, compositions, devices, methods, or procedures related to the research and development, 

  
 2. 

 
manufacture, use or sale of Bio-BDO. Confidential Information of a Party disclosed pursuant to the NDA shall be treated as Confidential Information under this JDA. The T&L Intellectual
Property shall be Confidential Information of T&L, and the Genomatica Intellectual Property shall be Confidential Information of Genomatica. 
 1.2.12. Corn Processing Agreement” shall have the meaning set forth in Section 3.4. 
 1.2.13. “Damages” shall have the meaning set forth in Section 12.1. 
 1.2.14. “Demonstration Facility” shall have the meaning set forth in Section 2.1. 
 1.2.15. “Demonstration Phase” shall have the meaning set forth in Section 2.1.2. 
 1.2.16. “Demonstration Plan” shall have the meaning set forth in Section 3.1(c). 
 1.2.17. “Development KPIs” shall have the meaning set forth in Section 3.1(a). 
 1.2.18. “Development Plan” shall mean the plan for activities to be conducted under the Joint Development Program which is set forth in Schedule 1.2.18, including the
deliverables, estimated timelines and budget associated with the Investigative Phase and an initial proposal for the Demonstration Plan, which Demonstration Plan may be amended by the JDC pursuant to Section 3.1(c). 

1.2.19. “Election Period” shall have the meaning set forth in Section 4.1. 

1.2.20. “Exclusivity Period” shall have the meaning set forth in Section 4.3. 

1.2.21. “Facilities” shall mean the Demonstration Facility and the Commercial Facility, collectively. 

1.2.22. “Genomatica Confidential Information” shall mean any Confidential Information of Genomatica. 

1.2.23. “Genomatica Intellectual Property” shall mean (a) all Background Intellectual Property owned or licensed
(with the right to grant licenses or sublicenses) by Genomatica, which claims or covers all or part of a Bioprocess, including the components (including Genomatica Microorganisms) used in a Bioprocess, (b) all Process Intellectual Property, and
(c) all JDA Intellectual Property owned by Genomatica. 
 1.2.24. “Genomatica Microorganism(s)” shall mean
microorganisms designated by Genomatica and identified in Schedule 1.2.24 (as may be updated by 

  
 3. 

 
Genomatica with written notice to T&L) and which may be supplied by Genomatica during the term of the Joint Development Program. 

1.2.25. “Intellectual Property” shall mean all (a) Patent Rights, (b) trademarks, service marks, domain names,
trade dress, logos, trade names, and corporate names and registrations and applications for registration thereof, (c) copyrights and registrations and applications for registration thereof, (d) computer software, data, and documentation,
(e) trade secrets and confidential business information, whether patentable or unpatentable and whether or not reduced to practice, know-how, manufacturing and production processes and techniques, research and development information,
copyrightable works, financial, marketing and business data, pricing and cost information, business and marketing plans and customer and supplier lists and information, (f) other proprietary rights relating to any of the foregoing, and
(g) copies and tangible embodiments thereof. 
 1.2.26. “Investigative Phase” shall have the meaning set
forth in Section 2.1.1. 
 1.2.27. “Investigative Phase Plan” shall mean the plan and budget for the
Investigative Phase included in the Development Plan. 
 1.2.28. “JDA Intellectual Property” shall mean all
Intellectual Property first conceived, reduced to practice and/or otherwise acquired or obtained solely by a Party or jointly by the Parties in the course of and during the term of the Joint Development Program, including rights arising in the
course of prosecution and maintenance of such Intellectual Property, but excluding all Process Intellectual Property. 
 1.2.29.
“Joint Development Committee” shall mean the joint committee established pursuant to Article V. 
 1.2.30.
“Joint Development Program” shall mean the joint program undertaken by the Parties under this JDA as described in Articles II and III. 
 1.2.31. “Law” shall mean any federal, state, regional, local, or foreign law, constitution, rule, statute, ordinance, regulation, order, code, judgment, charge, writ, injunction, or
decree. 
 1.2.32. “NDA” shall mean the nondisclosure agreement between the Parties dated July 21, 2010.

 1.2.33. “Negotiation Period” shall have the meaning set forth in Section 4.2.2. 

1.2.34. “Other Equipment” shall have the meaning set forth in Section 7.2. 

1.2.35. “Party” shall mean Genomatica or T&L, as the case may be, and “Parties” shall mean
Genomatica and T&L. 

  
 4. 

 1.2.36. “Patent Rights” shall mean any patent application, certificate of
invention, application for certificate of invention, priority patent filing or patent (foreign or domestic), including any and all divisionals, continuation (in whole or in part), request for continued examination, reissues, reexaminations,
additions, substitution cases, confirmations, registrations, revalidations, revisions, renewals and extensions thereof. 

1.2.37. “Person” shall mean an individual or a corporation, partnership, limited liability company, trust, incorporated
or unincorporated association, joint venture, joint stock company, government (or an agency or political subdivision thereof) or other entity of any kind. 
 1.2.38. “Polymer-grade” shall refer to the quality of the bio-material meeting the specifications set forth on Schedule 1.2.38. 

1.2.39. “Potential Transaction” shall have the meaning set forth in Section 4.3. 

1.2.40. “Process Intellectual Property” shall mean all Intellectual Property relating to all or part of a Bioprocess,
including any components (including microorganisms) used in a Bioprocess, and/or the basic engineering package for the Demonstration Facility, which Intellectual Property is first conceived, reduced to practice and/or otherwise acquired or obtained
solely by a Party or jointly by the Parties in the course of and during the term of the Joint Development Program, including rights arising in the course of prosecution and maintenance of such Intellectual Property. For clarification, Process
Intellectual Property excludes all Background Intellectual Property. 
 1.2.41. “Representatives” shall mean,
with respect to any Person, the directors, officers, employees, agents, Affiliates, or other representatives of such specified Person, including, without limitation, financial advisors, consultants, and counsel. 

1.2.42. “Services Agreement” shall mean either or both of the Services Agreement (CP) and Services Agreement (DP).

 1.2.43. “Services Agreement (CP)” shall have the meaning set forth in Section 3.4. 

1.2.44. “Services Agreement (DP)” shall have the meaning set forth in Section 3.1(b). 

1.2.45. “Specified Equipment” shall have the meaning set forth in Section 7.2. 

1.2.46. “T&L Confidential Information” shall mean any Confidential Information of T&L. 

 

  
 5. 

 1.2.47. “T&L Intellectual Property” shall mean (a) all Background
Intellectual Property owned or licensed (with the right to grant licenses or sublicenses) by T&L, and (b) all JDA Intellectual Property owned by T&L. 
 1.2.48. “Term Sheet” shall have the meaning set forth in Section 3.4. 
 1.2.49. “Territory” shall mean the United States of America. 

1.2.50. “Third Party(ies)” shall mean any Person other than Genomatica and its Affiliates or T&L and its Affiliates.

 ARTICLE II 
 JOINT DEVELOPMENT PROGRAM OBJECTIVES 
 2.1. Objectives. The purpose
of the Parties’ relationship under this JDA is to (a) further develop Genomatica’s current Bioprocess at the T&L Decatur, Illinois demonstration plant, Building 119 and certain fermentation lab facilities located at Building 59
(the “Demonstration Facility”), to produce Bio-BDO from dextrose feedstocks sourced from a T&L corn wet-mill facility and (b) develop Genomatica’s current Bioprocess into a continuous or semi-continuous commercial
Bioprocess for producing Polymer-grade Bio-BDO from feedstocks from carbohydrate streams from corn grind mills (the “Commercial Process”) at a cash cost below that of BDO produced by other means, which cost is currently estimated at
$[...***...] per pound for all production costs including raw materials. The Parties also desire to discuss options to work together to commercialize in the Territory Bio-BDO produced using the Commercial Process and dextrose feedstocks at a
commercial manufacturing facility co-located with a T&L-owned corn wet-mill facility in the Territory (the “Commercial Facility”). The Joint Development Program will be conducted in two stages. 

2.1.1. Investigative Phase. The objective of the first stage of the Joint Development Program is to test potential commercially
viable microbial strains at small scale and identify process steps that have a high probability of being those used in the first commercial scale facility (the “Investigative Phase”). The principal tasks in the Investigative Phase
shall consist of those matters set forth in the Development Plan. 
 2.1.2. Demonstration Phase. The objective of the
second stage of the Joint Development Program is to demonstrate the ability to manufacture Polymer-grade Bio-BDO at the projected commercial scale in the 13,000 liter fermenter by the Bioprocess selected in the Investigative Phase (the
“Demonstration Phase”). The principal tasks in the Demonstration Phase shall consist of those matters set forth in the Development Plan. 

  

					
		 	6.	  	***Confidential Treatment Requested

 ARTICLE III 
 INVESTIGATIVE PHASE; DEMONSTRATION PHASE 
 3.1. Investigative Phase.

 (a) As soon as practicable following the Effective Date, the Parties will commence the Investigative Phase and
will conduct the Investigative Phase in accordance with the Investigative Phase Plan. The JDC will determine whether the technical key performance indexes for the Investigative Phase as set forth in the Development Plan (the “Development
KPIs”) have been satisfied. The Investigative Phase will end upon the date that the principal tasks in the Investigative Phase (and any other tasks reasonably determined by Genomatica) have been completed, whether or not the Development
KPIs have been satisfied. 
 (b) Concurrently with the execution of this JDA, T&L and Genomatica are entering
into a services agreement (the “Services Agreement (DP)”) for services to be provided by T&L during the Demonstration Phase. 
 (c) During the Investigative Phase, the JDC will jointly develop and approve a plan, based upon the draft plan included in the Development Plan, detailing the deliverables (including the Genomatica
deliverables and the T&L deliverables, as described in Section 3.3), the estimated timelines and a budget associated with [...***...] (the “Demonstration Plan”). Any amendments to the Demonstration Plan will be
subject to approval of the JDC. 
 (d) During the Investigative Phase, each of Genomatica and T&L will bear
50% of the costs and expenses in the categories set forth in the Development Plan incurred by either Party in the performance of the activities under the Development Plan, which costs and expenses do not exceed the budget as set forth in the
Development Plan by more than [...***...]% unless otherwise approved by the JDC. On a monthly basis, within [...***...] after the end of each month during the Investigative Phase, T&L will provide a written report to Genomatica
setting forth in reasonable detail such costs and expenses incurred by T&L for such month (together with the evidence supporting such costs and expenses). Within [...***...] after receipt of such report from T&L, Genomatica shall
provide T&L (i) a written reconciliation report, showing such costs and expenses incurred by each Party during such month and the amount payable by Genomatica to T&L (or if applicable, by T&L to Genomatica), and (ii) payment to
T&L (or an invoice for the amount payable to Genomatica, if applicable), so that each Party bears 50% of such costs and expenses as provided in this Section 3.1(d). 
 3.2. Demonstration Phase. 
 (a) Upon completion of the
Investigative Phase, Genomatica may elect to initiate the Demonstration Phase and commence activities under the 

  

					
		 	7.	  	***Confidential Treatment Requested

 
Demonstration Plan by providing written notice to T&L. During the Demonstration Phase, the responsibility of the Parties for costs and expenses will be as set forth in the Services Agreement
(DP). Without the approval of the JDC, neither Party will incur any capital expenditures in the performance of the Demonstration Phase except as expressly set forth in the Development Plan; provided that a Party may incur capital expenditures not
set forth in the Development Plan at its own expense, subject to reimbursement as may be set forth in the Commercialization Agreement if T&L and Genomatica enter into the Commercialization Agreement. 

(b) Genomatica will bear all expenses it incurs in connection with performance of the Demonstration Phase unless and until
T&L and Genomatica enter into a Commercialization Agreement, in which event T&L will reimburse Genomatica for expenses as set forth in the Commercialization Agreement. The JDC will determine whether the technical and commercial key
performance indexes for the Demonstration Phase as set forth in the Development Plan (the “Commercialization KPIs”) have been satisfied. The Demonstration Phase will continue until the date that the principal tasks in the
Demonstration Phase (and any other tasks reasonably determined by Genomatica) have been completed, whether or not the Commercialization KPIs have been satisfied. 
 3.3. Deliverables. 
 3.3.1. Genomatica Deliverables. 

(a) During the Investigative Phase, Genomatica will be responsible for (i) developing for the Demonstration Facility
[...***...], which will be subject to review by T&L through the JDC and will comply with safety and environmental standards required for activities conducted at the Demonstration Facility, and (ii) completing [...***...] the
Demonstration Facility, in each case subject to having sufficient data regarding the Demonstration Facility to enable such activities. 
 (b) During the Demonstration Phase, Genomatica will be responsible for developing a Commercial Process based upon [...***...], and which will be subject to review by T&L through the JDC and will
comply with safety and environmental standards required for activities conducted at the Commercial Facility, subject to having sufficient data regarding the Commercial Facility to enable such activities. 

3.3.2. T&L Deliverables. 
 (a) During the Investigative Phase, T&L will be responsible for developing [...***...]. 

  

					
		 	8.	  	***Confidential Treatment Requested

 [...***...]. 

(b) During the Demonstration Phase, T&L will be responsible for the following pursuant to the Services Agreement (DP):

 (i) providing dextrose; 

(ii) providing manufacturing expertise and experience to the Bio-BDO process; and 

(iii) providing product support services including analytical, QA, QC and product storage. 

In addition, during the Demonstration Phase, T&L will be responsible for [...***...] to Genomatica. 

3.3.3. Joint Deliverables. The Parties will be jointly responsible for the following deliverables under the Demonstration Plan:

 (a) jointly developing [...***...] that is acceptable to both Parties; and 

(b) coordinating any external communications regarding the Demonstration Plan. 

3.4. Discussion of Potential Commercialization Structure Options. During the Demonstration Phase, the Parties will discuss options
to work together to commercialize Bio-BDO in the Territory using the Commercial Process at the Commercial Facility and will negotiate in good faith an agreed term sheet that specifies the commercial structure (“Term Sheet”). Among
other possibilities for commercial structure, the Parties may form (a) a commercial joint venture to build and operate commercial manufacturing facilities, which joint venture may be structured as [...***...] pursuant to a corn processing
agreement in substantially the form attached hereto as Schedule 3.4 (the “Corn Processing Agreement”). The Services Agreement (CP) would become effective at such time as Genomatica provides T&L with written notice
pursuant to Section 4.1 that Genomatica is electing to initiate the Commercialization Phase; provided, that T&L shall not be required to enter into the Services Agreement (CP) if Genomatica has not undertaken significant commercial
activities in connection with the Commercialization Phase within [...***...] 

  

					
		 	9.	  	***Confidential Treatment Requested

 [...***...] after the Effective Date. The Corn Processing Agreement would become effective at such
time as Genomatica or any joint venture or other Person in which Genomatica has an economic interest determines to enter into an arrangement for the purchase of dextrose for use in the commercialization of Bio-BDO produced using the Commercial
Process in the first commercial facility in the Territory. 
 ARTICLE IV 

COMMERCIALIZATION PHASE 
 4.1. Election to Participate in Commercialization Phase. Upon completion of the Demonstration Phase, provided that the Bio-BDO produced in the Demonstration Phase meets minimum standards of quality
applicable to petroleum-based BDO, which specifications are described on Schedule 1.2.38, Genomatica may elect to initiate the Commercialization Phase by providing written notice to T&L. Genomatica will bear all expenses it incurs in
the Commercialization Phase unless and until Genomatica and T&L enter into a Commercialization Agreement, in which event T&L will reimburse Genomatica for Genomatica’s expenses as set forth in the Commercialization Agreement. T&L
shall provide Genomatica with written notice of whether or not T&L is electing to participate in the Commercialization Phase no later than the date that is the later of [...***...] after the Effective Date and [...***...], together
with the details associated therewith (the “Election Period”). If T&L does not provide written notice to Genomatica by the expiration of the Election Period, T&L shall be deemed to have elected not to participate in the
Commercialization Phase. 
 4.2. Negotiation of Commercialization Agreement. 

4.2.1. In the event T&L elects to participate in the Commercialization Phase in accordance with Section 4.1, the Parties will
negotiate in good faith the definitive agreements for the commercialization of Bio-BDO produced using the Commercial Process in the Territory (any such definitive agreement, a “Commercialization Agreement”), which agreements will
incorporate the terms reflected in the Term Sheet and will be subject to the approval of each of the Parties in its sole discretion. The Commercialization Agreement shall provide that T&L will, upon execution, reimburse Genomatica for
(a) 50% of the costs and expenses incurred by Genomatica in the performance of the Demonstration Phase, (b) [...***...] of any capital expenditures not set forth in the Development Plan and not approved by the JDC that were made by
Genomatica in the performance of the Demonstration Phase, and (c) 50% of the costs and expenses incurred by Genomatica in the performance of the Commercialization Phase prior to the effective date of the Commercialization Agreement
[...***...]. 

  

					
		 	10.	  	***Confidential Treatment Requested

 4.2.2. If the Parties do not execute a Commercialization Agreement within the 90-day period
immediately following the written notice from T&L of its election to participate in the Commercialization Phase in accordance with Section 4.1, or such longer period agreed in writing by the Parties (the “Negotiation
Period”), then neither Party will have any further obligation to the other Party to negotiate or enter into a Commercialization Agreement; provided, however, that [...***...]. Prior to T&L’s election and thereafter if either
T&L does not elect to participate in the Commercialization Phase or the Parties do not enter into a Commercialization Agreement during the Negotiation Period, the Services Agreement (CP) will be effective in accordance with its terms.

 4.3. Exclusivity Period. During the period from the delivery of written notice from T&L to Genomatica of
T&L’s election to participate in the Commercialization Phase in accordance with Section 4.1 until the earlier to occur of (a) [...***...] and (b) [...***...] (“Exclusivity Period”), Genomatica
will negotiate exclusively with T&L in good faith with respect to an agreement for the commercialization of Bio-BDO produced using the Commercial Process in the Territory (the “Potential Transaction”). During the Exclusivity
Period, Genomatica agrees that it will not, and will not permit any of its Representatives on its behalf, to (i) [...***...] with a Third Party, or (ii) [...***...] with a Third Party; provided, that Genomatica shall have the
right to [...***...]. In addition, during the period from the Effective Date until the end of the Exclusivity Period (or earlier upon expiration of the Election Period if T&L does not elect to participate in the Commercialization Phase in
accordance with Section 4.1), Genomatica agrees that it will not (A) [...***...] or (B) [...***...] with a Third Party; provided that nothing shall prevent Genomatica from [...***...] as contemplated by this
Section 4.3. 

  

					
		 	11.	  	***Confidential Treatment Requested

 4.4. Supply of Dextrose. If [...***...] T&L shall supply such dextrose
[...***...] pursuant to the Corn Processing Agreement for a period of [...***...] after the commissioning of the Commercial Facility related thereto, regardless of whether or not [...***...]. 

ARTICLE V 

GOVERNANCE OF THE JOINT DEVELOPMENT PROGRAM 
 5.1. Formation of JDC. Promptly following the Effective Date, the Parties shall form the JDC, and each Party will appoint two of its employees to serve on the JDC. The purpose of the JDC is to
oversee, guide, and monitor the conduct of the Joint Development Program under the terms of this JDA. To ensure the success of the Joint Development Program, the JDC will meet regularly and at least quarterly to review the progress towards the
objectives of the Joint Development Program. Such meetings may be held in person, or by any means of telecommunications or video conference, as the JDC members deem necessary or appropriate. The JDC will keep minutes of its meetings, including at a
minimum who is in attendance, the subject matter discussed or considered, and any action taken. Decisions of the JDC will be made by unanimous approval, with the representatives of Genomatica collectively having one vote and the representatives of
T&L collectively having one vote. If the JDC is unable to reach agreement on any matter properly before it, then either Party may, by written notice to the other Party, have such matter referred for resolution pursuant to Section 14.14.

 5.2. Responsibilities of JDC. The JDC shall have the following responsibilities and authority: 

 

	 	(a)	to provide a means of communication between the Parties regarding the Joint Development Program; 

 

	 	(b)	subject to and within the parameters of the Development Plan, to monitor and oversee the implementation of the Development Plan; 

 

	 	(c)	to review and approve any amendments or modifications to the Development Plan; and 

 

	 	(d)	such other responsibilities as expressly assigned to the JDC under this JDA or by written agreement of the Parties. 

5.3. Reservation of Rights. Matters outside the scope of the Joint Development Program and internal to each Party are not under
the purview of the JDC. Such matters include but are not limited to internal personnel policies and programs, budgeting, finance, commercial and marketing strategies, and business decisions. 

  

					
		 	12.	  	***Confidential Treatment Requested

 
However, the Parties agree to communicate with each other promptly on those matters which, while outside the scope of the Joint Development Program, nevertheless may reasonably be expected to
affect the Joint Development Program. 
 5.4. Independent Contractors. Each party is an independent contractor and shall
retain complete control and responsibility for its own operations and employees. Nothing in this JDA shall be construed to constitute either Party as a partner, agent or representative of the other Party. Neither Party shall have the right or
authority to assume or create any obligation on behalf of or in the name of the other, or to bind the other in any manner whatsoever. 
 ARTICLE VI 
 ADDITIONAL OBLIGATIONS OF T&L 

6.1. Supply of Storage Equipment and Instrumentation. Subject to payment under the Services Agreement (DP), during the
Demonstration Phase and in accordance with the Demonstration Plan, T&L shall supply all equipment and instrumentation for the storing of ingredients and supplies, excluding dextrose, for the storing of crude and purified Bio-BDO, and for the
storing and disposal of waste materials generated by the processes, provided that such storage and disposal are permissible under current T&L permits. The JDC will discuss the scope of storage and disposal of waste materials permissible under
current T&L permits and whether any waste materials resulting from the Demonstration Phase would be outside the scope of such permits and, if so, alternatives for addressing storage and disposal of such waste materials. T&L will not be
required to undertake storage and disposal of waste materials that are not permissible under current T&L permits, unless Genomatica agrees to pay for any increased costs of such storage and disposal, subject to reimbursement as may be set forth
in the Commercialization Agreement if T&L and Genomatica enter into the Commercialization Agreement. T&L shall own all right, title and interest in and to any such equipment or instrumentation supplied by T&L. 

6.2. Installation of Equipment and Instrumentation. Subject to payment under the Services Agreement (DP), during the Demonstration
Phase and in accordance with the Development Plan, T&L shall install all equipment and instrumentation (including any Genomatica-supplied equipment or instrumentation) at the Facilities. The equipment and instrumentation, together with the
Facilities, shall be accessible, upon reasonable prior notice, to Genomatica employees assigned to support the Joint Development Program. 
 6.3. Services. Subject to payment under the Services Agreement (DP), during the Demonstration Phase and in accordance with the Development Plan, T&L shall supply (i) technical and
engineering services for the Facilities and (ii) employees to operate the Facilities. 
 6.4. Access to Information and
Data. T&L shall provide Genomatica reasonable access to all Confidential Information, technical information, and data used during and data generated from the startup and operation of the Facilities. 

  
 13.

 6.5. Provision of T&L Code of Conduct. T&L has provided to Genomatica
T&L’s Code of Conduct in effect as of the Effective Date. 
 ARTICLE VII 

ADDITIONAL OBLIGATIONS OF GENOMATICA 
 7.1. Supply of Materials. During the Demonstration Phase and in accordance with the Development Plan, Genomatica shall select and supply [...***...] pursuant to this JDA. 

7.2. Supply of Equipment and Instrumentation. Subject to reimbursement under the Commercialization Agreement (if applicable),
during the Demonstration Phase and in accordance with the Development Plan, Genomatica shall supply all equipment and instrumentation required to be supplied by Genomatica under the Development Plan. The Genomatica-supplied equipment and
instrumentation shall be installed at the Demonstration Facility. Genomatica shall own all right, title and interest in and to the [...***...] supplied by Genomatica (the “Specified Equipment”), and T&L shall own all
right, title and interest in and to [...***...] (the “Other Equipment”). Maintenance and repair of the Specified Equipment and the Other Equipment shall be provided for in the Services Agreement (DP). If this JDA terminates
and the Parties do not enter into a Commercialization Agreement, T&L will have thirty (30) days after the termination of this JDA to determine whether T&L desires to retain ownership of any Other Equipment. With respect to any Other
Equipment that T&L elects to retain ownership of, Genomatica shall be entitled to a credit equal to [...***...]% of the supply cost of such Other Equipment against any goods and/or services provided by T&L to Genomatica under any
Services Agreement and/or the Corn Processing Agreement. Genomatica, at its sole cost and expense (including repair costs), shall remove from the Demonstration Facility within two months after the termination of this JDA any Specified Equipment and
any Other Equipment which T&L elects not to retain ownership of, with Genomatica acquiring all of T&L’s right, title and interest in and to any such Other Equipment upon removal and payment in accordance with the foregoing. In the event
that Genomatica does not remove any such Specified Equipment or Other Equipment within two months after the termination of this JDA, T&L shall have the right to remove such equipment and Genomatica shall promptly reimburse T&L for the cost
of removal thereof. 
 7.3. Availability of Technical Employees. Genomatica shall make available such technical employees
at the Facilities reasonably required by T&L to assist in the development of the Bioprocess as provided in the Development Plan. Genomatica shall cause its employees made available pursuant to this Section 7.3 to comply with T&L’s
safety, health, and environmental policies and procedures and ethical guidelines while such employees are at the Facilities. 

7.4. Compliance with T&L Code of Conduct. Genomatica acknowledges that it has read T&L’s Code of Conduct provided to
Genomatica by T&L and that 

  

					
		 	14.	  	***Confidential Treatment Requested

 
Genomatica shall comply with the standards, expectations and commitments from such Code of Conduct in connection with the performance of its obligations under this JDA. 

7.5. Conduct of Test Market Evaluations. Genomatica shall conduct test market evaluations of the Bio-BDO produced by the
Facilities and conduct end-use product testing [...***...] (notwithstanding anything to the contrary set forth herein). Genomatica will share the results of all such testing with T&L. Genomatica will share with T&L all volume demand
forecasts for Bio-BDO (by application). Such results and forecasts shall be Genomatica Confidential Information subject to Article X of this JDA. 
 7.6. Licenses. Subject to reimbursement under the Commercialization Agreement (if applicable), Genomatica will be responsible for obtaining any licenses to Third Party Intellectual Property for use
in the production of Bio-BDO under this JDA and the Commercialization Agreement, as applicable. 
 ARTICLE VIII

 INTELLECTUAL PROPERTY 
 8.1. Background Intellectual Property. Each Party acknowledges and agrees that, as between the Parties, each Party is and shall remain the sole and exclusive owner of all right, title, and interest
in and to its Background Intellectual Property, and that this JDA does not affect such ownership. Each Party acknowledges that it acquires no rights under this JDA to the other Party’s Background Intellectual Property other than the limited
rights specifically granted in this JDA. 
 8.2. Process Intellectual Property. All Process Intellectual Property will be
owned by [...***...]. The Parties shall use commercially reasonable efforts to promptly disclose and jointly identify all Process Intellectual Property during the term of this JDA. [...***...]. To the extent that [...***...] has
the right to practice and use the Process Intellectual Property outside the course of the Joint Development Program as provided in this JDA, [...***...] shall have the exclusive right to apply for or register any patents and other Intellectual
Property claiming or covering any inventions arising from such permitted practice or use of the Process Intellectual Property that are first conceived or reduced to practice solely by employees and/ or consultants of [...***...] outside the
course of the Joint Development Program. 
 8.3. JDA Intellectual Property. JDA Intellectual Property first conceived or
reduced to practice solely by employees and/ or consultants of a Party shall be owned solely by such Party, and JDA Intellectual Property first conceived or reduced to practice 

  

					
		 	15.	  	***Confidential Treatment Requested

 
jointly by employees and/or consultants [...***...] shall have the exclusive right to apply for or register any patents and other proprietary protections with respect to the JDA
Intellectual Property solely owned by [...***...], including, for example, improvements, modifications, or uses of existing technology in different areas. The Parties through the JDC shall agree [...***...], and shall cooperate in such
activities, including sharing copies of filings with adequate time for review and comment by the other Party, and assembling inventorship information and data for filing such patent applications. Each Party shall have the right to use and practice,
and grant licenses to use and practice, all jointly owned JDA Intellectual Property, without the consent of or any duty of accounting to the other Party provided that [...***...]. To the extent that a Party has the right to practice and use
the JDA Intellectual Property outside the course of the Joint Development Program as provided in this JDA, such Party shall have the exclusive right to apply for or register any patents and other Intellectual Property claiming or covering any
inventions arising from such permitted practice or use of the JDA Intellectual Property that are first conceived or reduced to practice solely by employees and/ or consultants of that Party outside the course of the Joint Development Program.

 8.4. Expenses for Jointly Owned JDA Intellectual Property. [...***...] will bear all costs and expenses
associated with the preparation, filing, prosecution, and maintenance of any patent applications or patents for [...***...] unless and until Genomatica and T&L enter into a Commercialization Agreement, in which event [...***...] as
reflected in the Commercialization Agreement). No Party shall withdraw support for such jointly owned patent applications or discontinue maintenance of such jointly owned patents without first giving the other Party a meaningful opportunity to
assume expenses thereof. 
 8.5. No Implied Licenses. No license or right is granted by implication or otherwise with
respect to any patent application or patent except as may be specifically set forth in this JDA. T&L and Genomatica will promptly notify the other in writing if such Party (a) becomes aware of any Intellectual Property of a Third Party that
would be infringed by the activities under the Joint Development Program, (b) receives a written claim or notice of infringement of any Intellectual Property of a Third Party related to the activities under the Joint Development Program or
(c) is sued for infringement of any Intellectual Property of a Third Party as a result of the activities under the Joint Development Program. 

  

					
		 	16.	  	***Confidential Treatment Requested

 ARTICLE IX 
 GRANT OF RIGHTS 
 9.1. Limited License for Joint Development
Program. Subject to the terms and conditions of this JDA, Genomatica hereby grants to T&L a non-exclusive, non-sublicensable (except to T&L’s Affiliates), royalty-free license to use Genomatica Intellectual Property directly
relevant to the Joint Development Program within the Territory solely for purposes of performing T&L’s obligations under the Joint Development Program during the term of this JDA. Subject to the terms and conditions of this JDA, T&L
hereby grants to Genomatica a non-exclusive, non-sublicensable, (except to Genomatica’s Affiliates), royalty-free license to use T&L Intellectual Property directly relevant to the Joint Development Program within the Territory solely for
purposes of performing Genomatica’s obligations under the Joint Development Program during the term of this JDA. If a Party grants a sublicense of the license under this Section 9.1 to any of its Affiliates, such Party shall cause its
Affiliates to comply with all obligations of such Party hereunder, including, without limitation, Articles VIII and X; provided that such Party shall at all times be fully responsible for the performance of such Affiliate. 

9.2. Limited License for Other Activities. Subject to the terms and conditions of this JDA, Genomatica hereby grants to T&L a
non-exclusive, royalty-free license to practice Process Intellectual Property and JDA Intellectual Property for the development, production, sale and distribution of materials or products other than BDO. T&L may grant sublicenses under such
license to any Third Party with whom T&L or its Affiliate has a partnership, agreement or arrangement related to the development, production, sale or distribution of materials or products other than BDO; provided, that T&L may not grant
sublicenses under such license to any Third Party for the production of materials or products listed on Schedule 9.2 at any time prior to the date that is [...***...] after the Effective Date as listed on Schedule 9.2.
If T&L grants a sublicense of the license under this Section 9.2, T&L shall cause its sublicensees to be bound by the obligations of T&L arising under this Article IX and Article X; provided that T&L shall be liable for any
breach of such obligations by such sublicensee. Subject to the terms and conditions of this JDA, T&L hereby grants to Genomatica a non-exclusive, sublicensable, royalty-free license to practice JDA Intellectual Property for the development,
production, sale and distribution of BDO and the development, production, sale and distribution of materials or products other than BDO. If Genomatica grants a sublicense of the license under this Section 9.2, Genomatica shall cause its
sublicensees to be bound by the obligations of Genomatica arising under this Article IX and Article X; provided that Genomatica shall be liable for any breach of such obligations by such sublicensee. 

9.3. Reservation of Rights to Intellectual Property. T&L reserves all rights under the T&L Intellectual Property, subject
only to the license granted to Genomatica in Sections 9.1 and 9.2, and Genomatica reserves all rights under the Genomatica Intellectual Property, subject only to the licenses granted to T&L in Sections 9.1 and 9.2. Notwithstanding
anything to the contrary in this JDA, the Parties acknowledge and agree 

  

					
		 	17.	  	***Confidential Treatment Requested

 
that general knowledge about operation of the Facilities learned or observed in the course of the Joint Development Agreement may be used by either Party. 

9.4. Mutual Agreements. T&L agrees not to practice the Genomatica Intellectual Property and the JDA Intellectual Property
developed jointly by the Parties, and Genomatica agrees not to practice the T&L Intellectual Property and the JDA Intellectual Property developed jointly by the Parties, in each case except as expressly permitted in this JDA or other written
agreement between the Parties. 
 9.5. No Use of Names. Except as otherwise provided herein, no right, express or
implied, is granted by this JDA to use in any manner the name “T&L” or “Genomatica” or any other trademark, service mark, or trade name of the other Party in connection with the performance of this JDA. 

ARTICLE X 

CONFIDENTIAL INFORMATION 
 10.1. Confidentiality. Each Party (in such capacity, the “receiving Party”) agrees to maintain the confidentiality of, and not disclose to any other Person, all Confidential Information
of the other Party (in such capacity, the “disclosing Party”) and not to use the Confidential Information of the other Party except for the purposes of this JDA or pursuant to the terms of a Commercialization Agreement, in each case for
[...***...] years from the Effective Date of this JDA. The obligation of confidentiality, nondisclosure and nonuse shall not apply to Confidential Information which: 

 

	 	(a)	is or becomes public through no fault of the receiving Party; 

  

	 	(b)	is known by the receiving Party at the time of disclosure as shown by prior written records; 

 

	 	(c)	is disclosed to the receiving Party by a Third Party entitled to disclose it without obligation of confidentiality, or 

 

	 	(d)	is independently developed by the receiving Party. 

 10.2. Permitted Disclosures. Each Party may disclose Confidential Information belonging to the other Party: 
  

	 	(a)	to its own employees or consultants who are subject to binding obligations concerning confidential information and inventions, to the extent such disclosure is
reasonably necessary in connection with the activities contemplated by this JDA, provided that the disclosing Party shall be responsible for any breach thereof by its own employees or consultants; 

 

	 	(b)	to the extent such disclosure is reasonably necessary for filing or prosecuting patents as expressly permitted by Article VIII; or 

	

  

					
		 	18.	  	***Confidential Treatment Requested

 (c) to the extent such disclosure is reasonably necessary for prosecuting or
defending litigation or complying with applicable laws, rules or governmental regulations, provided that in the event a Party is required to make a disclosure of the other Party’s Confidential Information pursuant to this clause (c), it shall,
except where impracticable or not permitted by Law, give reasonable advance notice to the other Party of such disclosure and use commercially reasonable efforts, at the cost of the other Party, to secure confidential treatment of such information.

 10.3. Permitted Disclosure of Material Terms of this JDA. A Party shall have the right to disclose the material terms
of this JDA (a) to any Person retained by such Party to perform legal, accounting, engineering or similar services and who have a need to know such terms in order to provide such services and (b) to Third Parties in connection with due
diligence or similar investigations by such Third Parties, provided that any such Person or Third Party is bound to confidentiality obligations consistent in all material respects with the terms of this Article X. 

10.4. Publicity. In any event, each Party agrees to take all reasonable action to avoid disclosure of the other Party’s
Confidential Information hereunder. Promptly following the Effective Date, the Parties will coordinate issuing a press release concerning this JDA (which may be a joint press release or separate press releases by each Party), subject to mutual
agreement of the Parties on the content of such press release. If either Party desires to, or is required by Law or stock exchange requirements to, make a public announcement concerning this JDA or the subject matter hereof after such initial press
release, such Party shall give reasonable prior advance notice of the proposed text of such announcement to the other Party for its prior review and comment. 
 10.5. JDA Terms Are Confidential Information of Both Parties. Except for public statements agreed to by the Parties or for disclosures that are in the reasonable judgment of a Party required by Law
or stock exchange listing requirements, the Parties agree that the existence, material terms, and the subject matter of this JDA shall be considered Confidential Information of both Parties. 

10.6. Equitable Remedies. Each Party acknowledges and agrees that the other Party’s remedies at law for breach or threatened
breach of any of the provisions of this Article X would be inadequate and, in recognition of that fact, in the event of any such breach or threatened breach, it is agreed that, in addition to other remedies to which it may be entitled, the
other Party will be entitled to equitable relief in the form of specific performance, temporary restraining order, temporary or permanent injunction without the necessity of posting bond, or any other equitable remedy which may then be available;
provided, that nothing herein contained will be construed as prohibiting the non-breaching Party from pursuing any other remedies available to it for such breach or threatened breach, including recovery of damages from such breaching Party.

  
 19.

 ARTICLE XI 
 REPRESENTATIONS AND WARRANTIES 
 11.1. Representations and Warranties of
Genomatica. Genomatica represents and warrants to T&L as of the Effective Date that: 
 (a) Genomatica is
a corporation, duly incorporated, validly existing and in good standing under the laws of the State of Delaware. Genomatica has all requisite power and authority to carry on its business and to own and use the assets and properties owned and used by
it. 
 (b) Genomatica has all requisite power and authority to execute and deliver this JDA and to perform its
obligations hereunder. The execution and delivery of this JDA by Genomatica and the performance by Genomatica of its obligations hereunder have been duly and validly authorized by all necessary action on the part of Genomatica. This JDA has been
duly and validly executed and delivered by Genomatica and, assuming the due authorization, execution and delivery by T&L, constitutes a valid and binding obligation of Genomatica enforceable against Genomatica in accordance with its terms.

 (c) The execution and delivery of this JDA by Genomatica and the performance by Genomatica of its obligations
hereunder, does not and will not, as the case may be, (i) conflict with or violate any provision of the Certificate of Incorporation or the Bylaws of Genomatica, (ii) conflict with, result in a breach of, constitute (with or without due
notice or lapse of time or both) a default under, result in the acceleration of, create in any party the right to accelerate, terminate, modify or cancel, or require any notice, consent or waiver under, any contract, agreement or arrangement
(written or oral), franchise or permit to which Genomatica is a party or by which Genomatica is bound, (iii) result in the imposition of any lien, claim, charge or encumbrance upon any Genomatica Intellectual Property, or (iv) violate any
Law applicable to Genomatica. 
 (d) There is no action, suit, proceeding, claim, or investigation pending or
threatened against Genomatica, in any court or by or before any governmental authority, or before any arbitrator of any kind, which, if adversely determined, would restrict the ability of Genomatica to perform its obligations hereunder. Genomatica
knows of no basis for any such action, suit, claim, investigation, or proceeding. 
 (e) Genomatica is the
exclusive owner of the Background Intellectual Property included in the Genomatica Intellectual Property, and it has the right to grant T&L the limited license under Section 9.1 without conflict with the rights of any Third Party, or has
secured all necessary and appropriate consents to license the same. 

  
 20.

 (f) The Background Intellectual Property included in the Genomatica
Intellectual Property is not subject to any claims, encumbrances, liens, licenses, judgments and/or security interests that could reasonably be expected to have an adverse effect on the right to practice such Background Intellectual Property in the
Bio-BDO Field, and none of the Background Intellectual Property included in the Genomatica Intellectual Property is the current subject of any litigation, interference or opposition proceeding. 

(g) Genomatica is unaware of any publications or activities (including, without limitation, patents, articles, and public
uses or sales) by it or others, which could reasonably be expected to invalidate any claim(s) of any patent or patent application within the Background Intellectual Property included in the Genomatica Intellectual Property. 

(h) Genomatica is not aware of any valid Third Party Intellectual Property that could reasonably be expected to be
infringed or asserted to be infringed by practice of the Background Intellectual Property included in the Genomatica Intellectual Property in the performance of the Joint Development Program pursuant to this JDA. 

(i) Genomatica has and will continue to have the legal power to extend the rights granted to T&L in this JDA with
respect to Process Intellectual Property and JDA Intellectual Property owned by Genomatica, and it has not made and will not make any commitments to others inconsistent with or in derogation of such rights. 

(j) Genomatica has, and will through the term of this JDA, cause its employees who work on the Joint Development Program
to disclose to it inventions within the scope of JDA Intellectual Property or Process Intellectual Property and to assign to it rights in such inventions, it being understood that if due care and diligence are used, any inadvertent failure to comply
with this Section 11.1(j) will not constitute a breach of this JDA. 
 11.2. Representations and Warranties of
T&L. T&L represents and warrants to Genomatica as of the Effective Date that: 
 (a) T&L is a
corporation validly existing and in good standing under the laws of the State of Delaware. T&L has all requisite power and authority to carry on its business and to own and use the assets and properties owned and used by it. 

(b) T&L has all requisite power and authority to execute and deliver this JDA and to perform its obligations
hereunder. The execution and delivery of this JDA by T&L and the performance by T&L of its obligations hereunder have been duly and validly authorized by all necessary action on the part of T&L. This JDA has been duly and validly
executed and delivered by T&L and, assuming the 

  
 21.

 
due authorization, execution and delivery by Genomatica, constitutes a valid and binding obligation of T&L enforceable against T&L in accordance with its terms. 

(c) The execution and delivery of this JDA by T&L and the performance by T&L of its obligations hereunder, does
not and will not, as the case may be, (i) conflict with or violate any provision of the Certificate of Incorporation or By-Laws of T&L, (ii) conflict with, result in a breach of, constitute (with or without due notice or lapse of time
or both) a default under, result in the acceleration of, create in any party the right to accelerate, terminate, modify or cancel, or require any notice, consent or waiver under, any contract, agreement or arrangement (written or oral), franchise or
permit to which T&L is a party or by which T&L is bound, (iii) result in the imposition of any lien, claim, charge or encumbrance upon any T&L Intellectual Property, or (iv) violate any Law applicable to T&L. 

(d) There is no action, suit, proceeding, or material claim or investigation pending or threatened against T&L, in any
court or by or before any governmental authority, or before any arbitrator of any kind, which, if adversely determined, would restrict T&L’s ability to perform its obligations hereunder. T&L knows of no basis for any such action, suit,
claim, investigation, or proceeding. 
 (e) T&L is the exclusive owner of the Background Intellectual
Property included in the T&L Intellectual Property, and it has the right to grant Genomatica the limited license under Section 9.1 without conflict with the rights of any Third Party, or has secured all necessary and appropriate consents to
license the same. 
 (f) The Background Intellectual Property included in the T&L Intellectual Property is
not subject to any claims, encumbrances, liens, licenses, judgments and/or security interests that could reasonably be expected to have an adverse effect on the right to practice such Background Intellectual Property in the Bio-BDO Field, and none
of the Background Intellectual Property included in the T&L Intellectual Property is the current subject of any litigation, interference or opposition proceeding. 

(g) T&L is unaware of any publications or activities (including, without limitation, patents, articles, and public
uses or sales) by it or others, which could reasonably be expected to invalidate any claim(s) of any patent or patent application within the Background Intellectual Property included in the T&L Intellectual Property. 

(h) T&L is not aware of any valid Third Party Intellectual Property that could reasonably be expected to be infringed
or asserted to be infringed by practice of the Background Intellectual Property included in the Genomatica Intellectual Property in the performance of the Joint Development Program pursuant to this JDA. 

	

  
 22.

 (i) T&L has and will continue to have the legal power to extend the
rights granted to Genomatica in this JDA with respect to Process Intellectual Property and JDA Intellectual Property owned by T&L, and it has not made and will not make any commitments to others inconsistent with or in derogation of such rights.

 (j) T&L has, and will through the term of this JDA, cause its employees who work on the Joint Development
Program to disclose to it inventions within the scope of JDA Intellectual Property or Process Intellectual Property and to assign to it rights in such inventions, it being understood that if due care and diligence are used, any inadvertent failure
to comply with this Section 11.2(j) will not constitute a breach of this JDA. 
 11.3. Notice of Developments. The
Parties will give prompt written notice to each other of (a) any event or development causing a breach of any of their respective representations and warranties contained in this JDA, (b) any failure to comply with or satisfy any covenant
or agreement to be complied with by such Party hereunder and (c) any event or development that, individually or in the aggregate, could reasonably be expected to result in a breach of any of their respective representations and warranties
contained in this JDA or the failure to comply with or satisfy any covenant or agreement to be complied with by such Party hereunder. No disclosure by any Party pursuant to this Section 11.3, however, shall be deemed to prevent or cure any
misrepresentation, breach of warranty or breach of covenant. During the term of this JDA, no Party shall take any action or agree to take any action, either orally or in writing, that could reasonably be expected to result in a breach of any of
their respective representations and warranties contained in this JDA or any failure to comply with or satisfy any covenant or agreement to be complied with by such Party hereunder. 

11.4. DISCLAIMER OF WARRANTIES. Except as specifically provided in this Article XI, each Party disclaims all warranties of
any kind, express or implied, to the fullest extent permitted by Law, including but not limited to the implied warranties of merchantability, fitness for particular purpose and noninfringement. NEITHER PARTY MAKES ANY REPRESENTATION OR WARRANTY WITH
REGARD TO THE SUCCESS OF THE JOINT DEVELOPMENT PROGRAM OR THE USEFULNESS OF ANY BACKGROUND INTELLECTUAL PROPERTY, PROCESS INTELLECTUAL PROPERTY OR JDA INTELLECTUAL PROPERTY. 
 ARTICLE XII 
 INDEMNIFICATION 

12.1. Indemnification by Genomatica. Genomatica shall indemnify, defend, and hold harmless T&L and its Representatives from
and against any and all damages, losses, liabilities, judgments, awards, costs, and expenses of any nature whatsoever, including reasonable attorneys’ fees and court costs (collectively, “Damages”), incurred by any of them as a
result of (a) any Third Party claims, actions, suits or proceedings arising from any breach of any representation, warranty, covenant or agreement of Genomatica herein 

  
 23.

 
or (b) any Third Party claims that the practice of the Background Intellectual Property included in the Genomatica Intellectual Property in the performance of the Joint Development Program
pursuant to this JDA infringes Intellectual Property of such Third Party. 
 12.2. Indemnification by T&L. T&L
shall indemnify, defend, and hold harmless Genomatica and its Representatives from and against any and all Damages incurred by any of them as a result of (a) any Third Party claims, actions, suits or proceedings arising from any breach of any
representation, warranty, covenant or agreement of T&L herein or (b) any Third Party claims that the practice of the Background Intellectual Property included in the T&L Intellectual Property in the performance of the Joint Development
Program pursuant to this JDA infringes Intellectual Property of such Third Party. 
 12.3. Control of Defense. Except as
specifically provided in this section, any Person entitled to indemnification under this Article XII shall give written notice to the indemnifying Party of any claims that may be subject to indemnification, promptly after learning of such
claim, and the indemnifying Party shall assume the defense of such claims with counsel reasonably satisfactory to the indemnified party. If such defense is assumed by the indemnifying Party with counsel so selected, the indemnifying Party will not
be subject to any liability for any settlement of such claims made by the indemnified party without its consent (but such consent will not be unreasonably withheld or delayed), and will not be obligated to pay the fees and expenses of any separate
counsel retained by the indemnified party with respect to such claims. 
 12.4. Remedies. No remedy set forth in this JDA
is intended to be exclusive of any other remedy. Each remedy shall be in addition to every other remedy provided hereunder, or now or hereafter existing at law, in equity, by statute, or otherwise. 

ARTICLE XIII 
 TERM AND TERMINATION 
 13.1. Termination by the Parties. This JDA
may be terminated: 
 (a) by mutual written consent of T&L and Genomatica; 

(b) by Genomatica in the event T&L has breached in any material respect any representation, warranty, covenant or
agreement of T&L contained in this JDA, Genomatica has notified T&L of the breach, and the breach has continued without cure for a period of thirty (30) days after the notice of breach; 

(c) by T&L in the event Genomatica has breached in any material respect any representation, warranty, covenant or
agreement of Genomatica contained in this JDA, T&L has notified Genomatica of the breach, and the breach has continued without cure for a period of thirty (30) days after the notice of breach; 

  
 24.

 (d) by T&L in the event Genomatica has not notified T&L in writing
by March 15, 2012 that Genomatica is electing to proceed to the Demonstration Phase; or 
 (e) by T&L in
the event Genomatica has not notified T&L in writing by September 15, 2013 that Genomatica is electing to proceed to the Commercialization Phase. 
 Any termination of this JDA pursuant to Section 13.1 shall be effective upon the delivery of written notice of the terminating Party to the other Party. 

13.2. Automatic Termination. This JDA shall automatically terminate, unless the Parties agree otherwise, upon: 

(a) the date that Genomatica provides T&L with written notice that Genomatica is electing not to proceed to either the
Demonstration Phase or the Commercialization Phase; 
 (b) the date that T&L provides Genomatica with written
notice that T&L is electing not to proceed to the Commercialization Phase; 
 (c) the expiration of the
Election Period if T&L does not provide Genomatica with written notice prior to the end of the Election Period that T&L is electing to participate in the Commercialization Phase; 

(d) the expiration of the Negotiation Period if the Parties have not entered into a Commercialization Agreement during the
Negotiation Period; 
 (e) the date that the Services Agreement (DP) terminates; or 

(f) the date on which the Parties enter into a Commercialization Agreement. 

13.3. Effect of Termination. Upon termination of this JDA pursuant to this Article XIII, all rights and obligations of the
Parties under this JDA shall terminate, except as provided in this Section 13.3. Termination of this JDA shall not relieve or release either Party of any right or obligation which, at the time of such termination, has already accrued to such
Party or which is attributable to a period prior to such termination, nor will any expiration or termination of this JDA preclude either Party from pursuing all rights and remedies it may have under this JDA, at law or in equity, with respect to
breach of this JDA. The provisions set forth in Sections 4.2.2, 7.2, 9.2, 9.3, 9.4, 9.5, 11.4 and 13.3 and Articles I, VIII, X, XII and XIV shall remain in full force and effect and survive any termination of this JDA. The provisions set
forth in Section 4.4 shall remain in full force and effect and survive any termination of this JDA, other than any termination by Genomatica pursuant to Section 13.1(b). For a period of [...***...] after the termination of this JDA
(other than in the event of termination of this JDA (a) by Genomatica pursuant to Section 13.1(b), (b) pursuant to Section 13.2(b) or (c), or (c) pursuant to Section 13.2(d), which will be governed by
Section 4.2.2), Genomatica 

  

					
		 	25.	  	***Confidential Treatment Requested

 
will not enter into an agreement for the commercialization of Bio-BDO produced using the Commercial Process in the Territory with any Third Party that is a supplier of dextrose, unless Genomatica
proposes such terms to T&L and T&L does not accept such terms by written notice to Genomatica within sixty (60) days after notice of such terms from Genomatica. 
 ARTICLE XIV 
 GENERAL TERMS 

14.1. Non-Solicitation. During the term of this JDA and for a period of [...***...] after the termination of this JDA,
unless otherwise agreed to by the Parties, each Party agrees that it will not and will not permit its Affiliates to directly or indirectly solicit for employment or consulting any employee of the other Party or its Affiliates; provided that in no
event will listing or advertising any employee or consultant position in any publicly available source or hiring or engaging any person who contacts a Party or its Affiliate based upon such listing or advertisement be a breach of this
Section 14.1. 
 14.2. Force Majeure. The Parties shall be exempt from liability in respect of any failure to
perform their obligations under this JDA due to circumstances beyond their reasonable control, including but not limited to those arising from: (a) war, acts of terrorism, fire, epidemic, flood or other acts of God, explosion, civil commotion,
strike, lock-out or labor disturbances, acts, regulations or laws of any government, or failure of public utilities or common carriers, (b) inability to procure raw materials (other than dextrose) due to shortages of raw materials, or
(c) prevention from or hindrance in obtaining energy or other utilities. The Party so affected shall give written notice to the other Party of any such force majeure event and shall use its good faith efforts to avoid or remove such causes of
non-performance and to continue performance whenever such causes are removed. Should the event(s) of force majeure suffered by a Party extend beyond a three (3)-month period, the other Party may then terminate this JDA by written notice to the
non-performing Party, with the consequences of such termination as set forth in Section 13.3. 
 14.3.
Notices. Except as expressly set forth to the contrary in this JDA, all notices, requests, or consents provided for or permitted to be given under this JDA must be in writing and must be given either by depositing that writing in the
United States mail, addressed to the recipient, postage paid, and registered or certified with return receipt requested or by delivering that writing to the recipient in person, by courier, or by facsimile transmission; and a notice, request, or
consent given under this JDA is effective on receipt by the person to receive it. All notices, requests, and consents to be sent to a Party must be sent to or made at the following addresses (or such other address as that a Party may specify by
notice to the other Party). 
  

					
	 If to T&L:
	  	Tate & Lyle Ingredients Americas, Inc.	  	
		  	2200 East Eldorado Street	  	
		  	Decatur, IL 62521	  	
		  	Attention: General Counsel	  	
		  	Facsimile: (217) 421-4728	  	

  

					
		 	26.	  	***Confidential Treatment Requested

			
	 with a copy to:
	  	Tate & Lyle Ingredients Americas, Inc.
		  	2200 East Eldorado Street
		  	Decatur, IL 62521
		  	Attention: President
		  	Facsimile: (217) 421-4765
		
	
If to Genomatica, to:                  
  
	  	Genomatica, Inc.
		  	10520 Wateridge Circle
		  	San Diego, CA 92121
		  	Attention: Chief Technology Officer
		  	Facsimile: (858) 824-1772
		
	 with a copy to:
	  	Cooley LLP
		  	4401 Eastgate Mall
		  	San Diego, CA 92121
		  	Attention: Kay Chandler
		  	Facsimile: (858) 550-6420

 Whenever any notice is required to be given by law or this JDA, a written waiver thereof, signed by the person entitled
to notice, whether before or after the time stated therein, shall be deemed equivalent to the giving of such notice. 
 14.4.
Entire Agreement; Superseded. This JDA, together with the Exhibits hereto, constitutes the entire agreement of the Parties relating to the subject matter hereof and thereof and supersedes all prior contracts or agreements with respect to the
development of a process for Bio BDO, whether oral or written, including the NDA. 
 14.5. Effect of Waiver or Consent. A
waiver or consent, express or implied, to or of any breach or default by any Party in the performance by that Party of its obligations is not a consent or waiver to or of any other breach or default in the performance by that Party of the same or
any other obligations of that Party. Failure on the part of a Party to complain of any act of any Party or to declare the other Party in default, irrespective of how long that failure continues, does not constitute a waiver by that Party of its
rights with respect to that default until the applicable statute-of-limitations period has run. 
 14.6. Amendment or
Modification. This JDA may be amended, modified, or supplemented only by a written instrument duly executed by each of the Parties to, which instrument shall specifically indicate that it is the desire of the Parties to amend, modify or
supplement this JDA, and similarly may be waived only by a written instrument duly executed by the waiving Party. 
 14.7.
Binding Act. This JDA is binding on and inures to the benefit of the Parties and their respective heirs, legal representatives, successors, and assigns. 

  
 27.

 14.8. Governing Law. THIS JDA IS GOVERNED BY AND SHALL BE CONSTRUED IN ACCORDANCE
WITH THE LAWS OF THE STATE OF DELAWARE, EXCLUDING ANY CONFLICT-OF-LAWS RULE OR PRINCIPLE THAT MIGHT REFER THE GOVERNANCE OR THE CONSTRUCTION OF THIS JDA TO THE LAW OF ANOTHER JURISDICTION. 

14.9. Severability. If any provision of this JDA or the application thereof to any Person or circumstance is held invalid or
unenforceable to any extent, the remainder of this JDA and the application of that provision to other Persons or circumstances is not affected thereby and that provision shall be enforced to the greatest extent permitted by Law. 

14.10. Further Assurances. In connection with this JDA and the transactions contemplated hereby, each Party shall execute and
deliver any additional documents and instruments and perform any additional acts that may be necessary or appropriate to effectuate and perform the provisions of this JDA and those transactions. 

14.11. No Third Party Beneficiaries. The provisions hereof are solely for the benefit of the Parties and are not intended to, and
shall not be construed to, confer a right or benefit on any other Person. 
 14.12. Counterparts. This JDA may be
executed in any number of counterparts with the same effect as if all Parties had signed the same document. All counterparts shall be construed together and constitute the same instrument. 

14.13. Assignability. Unless expressly provided otherwise in this JDA, no Party shall have the right to assign or otherwise
transfer its rights or obligations under this JDA, except with the written consent of the other Party, not to be unreasonably withheld or delayed; provided, however, that a Party may, without the other Party’s consent, assign or otherwise
transfer its rights or obligations under this JDA to (a) a successor in interest to all or substantially all of the business of such Party to which this JDA relates, whether by merger, sale of stock, sale of assets or otherwise, or
(ii) any Affiliate. In the event of any assignment of this JDA by a Party to an Affiliate pursuant to this Section 14.13, the assigning Party shall remain liable and responsible to the non-assigning Party hereto for the performance and
observance of all such rights and obligations by such Affiliate. Any assignment of this JDA in contravention of this Section 14.13 shall be null and void. 
 14.14. Resolutions of Disputes. 
 (a) The Parties will use
commercially reasonable efforts to resolve any dispute through good faith negotiations. If within [...***...] of any dispute being notified to the other Party the dispute has not been satisfactorily concluded, then unless otherwise agreed, the
Parties shall refer the dispute to the President of T&L and the Chief Executive Officer of Genomatica. If within [...***...] of the dispute being referred to the individuals referenced in the prior sentence the dispute has not been
satisfactorily concluded, 

  

					
		 	28.	  	***Confidential Treatment Requested

 then either Party may (but is not required to) refer the dispute for resolution pursuant to
Section 14.14(b). 
 (b) Following negotiations pursuant to Section 14.14(a), any remaining dispute,
controversy, or claim arising under, out of or relating to this JDA (and subsequent amendments thereof), its validity, binding effect, interpretation, performance, breach or termination, including tort claims, shall be finally determined by
arbitration administered by the American Arbitration Association under its Commercial Arbitration Rules, as in force at the time when the arbitration is initiated. The arbitral tribunal shall consist of three (3) mutually acceptable
arbitrators. The place of arbitration shall be [...***...]. Judgment on the award rendered by the arbitrators may be entered in any court having jurisdiction thereof. 
 14.15. Headings and Recitals. The headings and recitals used herein are for ease of reference and information and do not affect the interpretation of the Article to which they relate or the
interpretation of this JDA in any other respect. 
 14.16. Limitation of Liability. IN NO EVENT SHALL EITHER PARTY BE
LIABLE TO THE OTHER OR ITS AFFILIATES FOR ANY SPECIAL OR CONSEQUENTIAL DAMAGES, REGARDLESS OF THE FORM OF ACTION, WHETHER IN CONTRACT, IN TORT INCLUDING NEGLIGENCE, BY STATUTE OR UNDER ANY QUASI-CONTRACTUAL THEORY OF LIABILITY, EVEN IF A PARTY HAS
BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. The foregoing limitations of liability and damages will not apply and nothing in this JDA shall affect either Party’s liability for breach of any obligation specified in Article X or either
Party’s indemnification obligations under Article XII. 
 [signature page follows] 

  

					
		 	29.	  	***Confidential Treatment Requested

 IN WITNESS WHEREOF, the Parties caused this Joint Development Agreement to be executed by
their duly authorized and empowered representatives as of the Effective Date. 
  

			
	 TATE & LYLE INGREDIENTS
 AMERICAS, INC.

		
	By:	 	 /s/ Matt Wineinger

	Title:	 	 President

	
	GENOMATICA, INC.
		
	By:	 	 /s/ William Baum

	Title:	 	 Executive Chairman

 SIGNATURE PAGE TO JOINT
DEVELOPMENT AGREEMENT 

 Schedule 1.2.18 
 Development Plan 
 BDO Demonstration Development Plan 

 
  
  

			
	

	 	

  
  

This document presents a Demonstration Development Plan aimed at establishing an integrated process for the production of 1,4-butanediol (BDO) from corn
wet mill dextrose. [...***...]. 
 This program is sub-divided in two work phases based on scale: 

1.) Lab scale (2-50 L) 
 2.)
Demonstration scale (13,000-15,000 L) 
 Details associated with [...***...]. Tasks, activities, timelines, responsibilities, milestones,
requirements (feedstock, resources, capital), and deliverables are outlined below in a development plan [...***...]. 
 This plan is a
living document that will be modified as needed to satisfy program requirements. 

  

					
		 	1.	  	***Confidential Treatment Requested

 1,4-Butanediol 
 1,4-Butanediol (BDO) is a major commodity chemical that currently is manufactured exclusively through various petrochemical routes requiring feedstocks such as acetylene, butane, propylene, and butadiene.
The demand for BDO stems largely from its use as an intermediate for the production of over 2.5 million tons of PBT plastic resins, polyurethane thermoplastics, co-polyester ethers, and spandex fibers. Given the importance of BDO as a chemical
intermediate and the issues associated with petroleum feedstocks, alternative low-cost renewable routes from sugars have been sought. Genomatica has engineered the first direct routes to BDO in E. coli and has developed a preliminary process
for the production and recovery of BDO from renewable carbohydrate feedstocks. This process has been demonstrated at both lab (2-30 L) and pilot (3000 L) scales and work continues [...***...]. 

Program Objectives 
 The main program
objective is to develop, scale-up, and confirm consistent performance of a robust process for the production BDO at demonstration scale (13,000-15,000 L). These studies will provide all data and capital equipment designs required for creating an
engineering package and constructing a manufacturing facility for conversion of corn wet mill dextrose to BDO. 
 A work plan for scale-up and
development of a “commercial ready” process and details associated with a full BDO demonstration development program are provided below. [...***...] 
 [...***...] 
 [...***...] 

[...***...] 

[...***...] 

  

					
		 	2.	  	***Confidential Treatment Requested

 [...***...] 

  

					
		 	3.	  	***Confidential Treatment Requested

 [...***...] 

  

					
		 	4.	  	***Confidential Treatment Requested

 [...***...] 

  

					
		 	5.	  	***Confidential Treatment Requested

 [...***...] 

  

					
		 	6.	  	***Confidential Treatment Requested

 [...***...] 

  

					
		 	7.	  	***Confidential Treatment Requested

 [...***...] 
 Work Plan – Tasks, Activities, Responsibilities 
 A preliminary Work Plan is shown
below and includes a list of major tasks, activities, timelines, and responsibilities at the two phases of development: Lab Scale (2-50 L) and Demo Scale (13,000 L). 
 Lab Scale – Process Development (2-50 L) 
 [...***...] 

  

					
		 	8.	  	***Confidential Treatment Requested

 [...***...] 

  

					
		 	9.	  	***Confidential Treatment Requested

 [...***...] 
 Demo Scale Development (13,000 L) 
 [...***...] 

  

					
		 	10.	  	***Confidential Treatment Requested

 [...***...] 

  

					
		 	11.	  	***Confidential Treatment Requested

 [...***...] 

  

					
		 	12.	  	***Confidential Treatment Requested

 [...***...] 

  

					
		 	13.	  	***Confidential Treatment Requested

 [...***...] 

  

					
		 	14.	  	***Confidential Treatment Requested

 [...***...] 

  

					
		 	15.	  	***Confidential Treatment Requested

 [...***...] 

  

					
		 	16.	  	***Confidential Treatment Requested

 [...***...] 

  

					
		 	17.	  	***Confidential Treatment Requested

 [...***...] 

  

					
		 	18.	  	***Confidential Treatment Requested

 [...***...] 

  

					
		 	19.	  	***Confidential Treatment Requested

 [...***...] 

  

					
		 	20.	  	***Confidential Treatment Requested

 [...***...] 

  

					
		 	21	  	***Confidential Treatment Requested

 [...***...] 

  

					
		 	22.	  	***Confidential Treatment Requested

 [...***...] 

  

					
		 	23.	  	***Confidential Treatment Requested

 Schedule 1.2.24 
 [...***...] 

  

					
		 		  	***Confidential Treatment Requested

 Schedule 1.2.38 
 Polymer-grade Specifications 
 [...***...] 

  

					
		 		  	***Confidential Treatment Requested

 [...***...] 

  

					
		 		  	***Confidential Treatment Requested

 Schedule 3.4 
 Form of Corn Processing Agreement 
 CORN PROCESSING AGREEMENT

 This Corn Processing Agreement (the “Agreement”) is entered into as of the     day of
                    , between Tate & Lyle Ingredients Americas, Inc., with its principal place of business in Decatur, Illinois (hereinafter
“Tate & Lyle”), and Genomatica, Inc. with its principal place of business in “San Diego, California” (hereinafter “Customer”). 
 WITNESSETH THAT: 
 WHEREAS, Tate & Lyle owns corn wet milling plants in Lafayette,
Indiana, and Loudon, Tennessee, which process corn into [...***...] is hereinafter referred to as “corn sweetener”; 
 WHEREAS,
Customer and Tate & Lyle entered into a Joint Development Agreement dated as of March     , 2011 (as may be amended in accordance with its terms, the “JDA”), and capitalized terms used but not
otherwise defined in this Agreement shall have the meanings given such terms in the JDA; 
 WHEREAS, Customer wishes to have
Tate & Lyle process corn into corn sweetener and wishes to purchase from Tate & Lyle the corn sweetener resulting therefrom, and Tate & Lyle wishes to do so, in each case for use in the commercialization of Bio-BDO
produced using the Commercial Process in the first commercial facility in the Territory; 
 NOW, THEREFORE, in consideration of the premises and
the mutual obligations contained herein, the parties agree as follows: 
  

	I.	[...***...] 

[...***...] and are an integral part of this Agreement. 

 

	II.	Confidentiality  

Tate & Lyle and Customer agree that the terms of this Agreement, and the corn sweetener prices that result from this
Agreement are and shall remain confidential and, except as herein provided, will not be disclosed to any individual or organization during the term of this Agreement. Furthermore, 

  

					
		 	1	  	***Confidential Treatment Requested

 Tate & Lyle and Customer each agree to control information within their
respective organizations concerning all aspects of this Agreement. Nothing herein shall be deemed to prohibit such disclosures with respect to information that is now or hereafter becomes part of the public domain through no fault of the party
disclosing such information. Notwithstanding the foregoing, (i) Customer may disclose the terms of this Agreement and the corn sweetener prices that result from this Agreement to any joint venture or other Person in which Customer
has an economic interest which is involved in the commercialization of Bio-BDO produced using the Commercial Process in the first commercial facility in the Territory, provided that (A) in advance of any such disclosure, Customer
notifies Tate & Lyle of the name of any such joint venture partner or other Person and (B) any such Person is bound by confidentiality obligations consistent in all material respects with the terms of this Agreement that can be
enforced by Tate & Lyle; (ii) either party may disclose the existence, material terms, and the subject matter of this Agreement to the extent such disclosure is, in the reasonable judgment of a party, required by Law or stock exchange
listing requirements, and (iii) either party may disclose the terms of this Agreement and the corn sweetener prices that result from this Agreement: 
 (a) to its own employees or consultants who are subject to binding obligations concerning confidential information and inventions, to the extent such disclosure is reasonably necessary in connection
with the activities contemplated by the JDA or this Agreement, provided that such party shall be responsible for any breach thereof by its own employees or consultants; 
 (b) to the extent such disclosure is reasonably necessary for prosecuting or defending litigation or complying with applicable laws, rules or governmental regulations, provided that in the event a
party is required to make a disclosure of such information pursuant to this clause (b), it shall, except where impracticable or not permitted by Law, give reasonable advance notice to the other party of such disclosure and use commercially
reasonable efforts, at the cost of such other party, to secure confidential treatment of such information; 
 (c) to any
Person retained by such party to perform legal, accounting, engineering or similar services and who have a need to know such terms in order to provide such services, provided that any such Person is bound to confidentiality obligations consistent in
all material respects with the terms of this Agreement; and 
 (d) to Third Parties in connection with due diligence or
similar investigations by such Third Parties, provided that any such Third Party is bound to confidentiality obligations consistent in all material respects with the terms of this Agreement. 

 

	III.	Warranties: Limitation of Warranty 

  
 2 

 All corn sweeteners sold by Tate & Lyle pursuant to this Agreement shall conform
with the respective specifications thereof attached to this Agreement as Schedule B (“Specifications”). All corn sweeteners shall not be adulterated or misbranded within the meaning of the Food, Drug and Cosmetic Act (the
“Act”) nor articles which may not, under the provisions of Section 404 or 505 of the Act, be introduced into interstate commerce. TATE & LYLE MAKES NO OTHER WARRANTIES, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO
WARRANTIES OF FITNESS FOR ANY PARTICULAR PURPOSE OR ADEQUACY FOR ANY PARTICULAR RECIPE. 
  

	IV.	Limitation of Remedy and Liability 

 Upon request of Customer, Tate & Lyle will provide a certificate of analysis with all corn sweeteners delivered hereunder. Customer or its agent will examine and inspect all corn
sweeteners delivered hereunder promptly upon receipt and give prompt notice to Tate & Lyle of any defect or discrepancy from the Specifications and/or nonconforming delivery. Tate & Lyle shall remedy any such defect or discrepancy
by prompt replacement of any corn sweeteners promptly and properly rejected by Customer. The replacement remedy set forth above is Customer’s exclusive remedy, except that Customer shall have the right to terminate this
Agreement as provided in Section XII below. IN NO EVENT SHALL EITHER PARTY BE LIABLE FOR ANY INCIDENTAL, INDIRECT OR CONSEQUENTIAL DAMAGES, WHETHER ARISING IN CONTRACT, IN TORT OR OTHERWISE, INCLUDING BUT NOT LIMITED TO LOSS OF PROFITS, LOSS OF
BUSINESS AND/OR LOSS OF REPUTATION. 
  

	V.	Force Majeure  

 The
parties shall be exempt from liability in respect of any failure to perform their obligations under this Agreement due to circumstances beyond their reasonable control, including but not limited to those arising from: (a) war, acts of
terrorism, fire, epidemic, flood or other acts of God, explosion, civil commotion, strike, lock-out or labor disturbances, acts, regulations or laws of any government, or failure of public utilities or common carriers, (b) inability to procure
raw materials due to shortages of raw materials, or (c) prevention from or hindrance in obtaining energy or other utilities. The party so affected shall give written notice to the other party of any such force majeure event and shall use its
good faith efforts to avoid or remove such causes of non-performance and to continue performance whenever such causes are removed. If for any of the foregoing reasons beyond its reasonable control, Tate & Lyle is unable to supply the total
demand for processing of corn sweeteners, Tate & Lyle shall allocate its available processing and supply for each plant among all of its customers in an 

  
 3 

 equitable manner. If Tate & Lyle is unable to deliver or make available for
delivery quantities specified hereunder while a force majeure condition is in effect, Customer shall have the option to either cancel all or any part of the undelivered contract quantity affected by the force majeure event during such a force
majeure period, or take delivery of such volume on a later basis at such time as Tate & Lyle is able to perform; however, at all times [...***...] is and remains financially and otherwise responsible for [...***...] purchased,
and [...***...] under this Agreement. Should the event(s) of force majeure suffered by Tate & Lyle extend beyond a [...***...], Customer may then terminate this Agreement by written notice to Tate & Lyle.

  

	VI.	Assignment 

 Unless
expressly provided otherwise in this Agreement, neither Tate & Lyle nor Customer shall have the right to assign or otherwise transfer its rights or obligations under this Agreement, except with the written consent of the other party,
not to be unreasonably withheld or delayed; provided, however, that a party may, without the other party’s consent, assign or otherwise transfer its rights or obligations under this Agreement to (a) a successor in interest to all or
substantially all of the business of such party to which this Agreement relates, whether by merger, sale of stock, sale of assets or otherwise, or (b) any direct or indirect subsidiary of the assigning party, any corporation which owns more
than 50% of the stock of the assigning party, or any corporation 50% or more of the stock of which is owned by common parent corporation. In the event of any assignment of this Agreement by a party pursuant to subsection (b) of the prior
sentence, the assigning party shall remain liable and responsible to the non-assigning party hereto for the performance and observance of all such rights and obligations by the assignee of this Agreement. Any assignment of this Agreement in
contravention of this Section VI shall be null and void. In addition, Tate & Lyle may assign this Agreement in whole or in part to any entity which buys or leases all or part of Tate & Lyle’s facilities dedicated to the
manufacture of corn sweeteners or a transfer of all or a portion of Tate & Lyle’s assets dedicated to the manufacture of corn sweeteners, whether by sale of assets or stock, merger, operation of law or otherwise. Subject to the
foregoing, this Agreement shall inure to the benefit of, and be binding upon, Tate & Lyle, Customer and their respective successors and assigns. 
  

	VII.	Counterparts 

 This
Agreement may be executed in one or more counterparts, all of which shall be considered one and the same agreement, and shall 

  

					
		 	4	  	***Confidential Treatment Requested

 become effective when one or more counterparts have been signed by each of the parties and
delivered to the other party. 
  

	VIII.	Entire Agreement 

 This
Agreement and the Schedules hereto contain the entire agreement between the parties with respect to the subject matter hereof and there are no agreements, understandings, representations or warranties between the parties other than those set forth
or referred to herein. 
  

	IX.	Amendments and Waivers 

This Agreement may not be modified or amended except by an instrument or instruments in writing signed by the party against whom
enforcement of any such modification or amendment is sought. Tate & Lyle may waive compliance by Customer or Customer may waive compliance by Tate & Lyle with any term or provision of this Agreement on the part of
such party to be performed or complied with, but only by an instrument in writing signed by the party that is waiving compliance. The waiver by any party hereto of a breach of any term or provision of this Agreement shall not be construed as a
waiver of any subsequent breach. 
  

	X.	Notices 

 Notices required
or given under the terms of this Agreement shall be deemed to have been duly given upon delivery in person or by facsimile transmission or upon receipt if delivered by courier service or by U.S. mail, first class postage prepaid, as follows:

  

			
		  	Tate & Lyle Ingredients Americas, Inc.
		  	2200 East Eldorado Street
		  	Decatur, Illinois 62525
		  	Attention: General Counsel
		  	Facsimile: (217) 421-4728
		
	Copy to:	  	Tate & Lyle Ingredients Americas, Inc.
		  	2200 East Eldorado Street
		  	Decatur, Illinois 62525
		  	Attention: Vice President Sweetener Sales
		  	Facsimile:                         
		
		  	Genomatica, Inc.
		  	10520 Wateridge Circle
		  	San Diego, CA 92121
		  	Attention: Chief Technology Officer
		  	Facsimile: (858) 824-1772

  
 5 

	XI.	Applicable Law 

 THIS
AGREEMENT IS GOVERNED BY AND SHALL BE CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF DELAWARE, EXCLUDING ANY CONFLICT-OF-LAWS RULE OR PRINCIPLE THAT MIGHT REFER THE GOVERNANCE OR THE CONSTRUCTION OF THIS AGREEMENT TO THE LAW OF ANOTHER
JURISDICTION. 
  

	XII.	Termination  

 This
Agreement may be terminated: 
  

	 	(a)	by mutual written consent of Tate & Lyle and Customer; 

  

	 	(b)	by Customer in the event Tate & Lyle has breached in any material respect any representation, warranty, covenant or agreement of Tate & Lyle
contained in this Agreement, Customer has notified Tate & Lyle of the breach, and the breach has continued without cure for a period of thirty (30) days after the notice of breach; or 

 

	 	(c)	by Tate & Lyle in the event Customer has breached in any material respect any representation, warranty, covenant or agreement of Customer
contained in this Agreement, Tate & Lyle has notified Customer of the breach, and the breach has continued without cure for a period of thirty (30) days after the notice of breach.

 

	XII.	Scope of Agreement  

 This
Agreement shall apply only to the supply of corn sweetener for use in production of Bio-BDO using the Commercial Process in the first commercial facility in the Territory. 

  
 6 

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

  

					
		 	TATE & LYLE INGREDIENTS AMERICAS, INC.
			
		 	 By
	 	 
		 	
			
		 	 Its
	 	 
		
		 	GENOMATICA, INC.
			
		 	 By
	 	 
		 	
			
		 	 Its
	 	 
		 	

  

					
		 	7	  	***Confidential Treatment Requested

 Schedule A 
 Corn Sweetener [...***...]  
  

	I.	Quantity 

 A.
[...***...] 
 B. Corn
Sweetener                    [...***...] 
 [...***...] 
 [...***...] 

 

	II.	Term of Agreement 

 This
Agreement shall be for a period of five (5) years after commencement of this Agreement in accordance with Section 3.4 of the Joint Development Agreement dated as of March     , 2011 by and between Customer and
Tate & Lyle, unless earlier terminated as provided in Section XII of this Agreement. 
  

	III.	Pricing Formula for Net Plant Corn Sweetener Price 

 A. Pricing Formula 
 [...***...] 

  

					
		 	8	  	***Confidential Treatment Requested

 [...***...] 

  

					
		 	9	  	***Confidential Treatment Requested

 [...***...] 

  

					
		 	10	  	***Confidential Treatment Requested

 [...***...] 

  

					
		 	11	  	***Confidential Treatment Requested

 [...***...] 

  

					
		 	12	  	***Confidential Treatment Requested

 [...***...] 

  

					
		 	13	  	***Confidential Treatment Requested

 [...***...] 

  

					
		 	14	  	***Confidential Treatment Requested

 [...***...] 

  

					
		 	15	  	***Confidential Treatment Requested

 [...***...] 

 

	IV.	Products 

 This Agreement
covers the purchase of Corn Sweetener. 
  

	V.	Distribution Charges 

Distribution charges for product received at a location other than the Tate & Lyle production facility will be based upon actual
costs to Tate & Lyle, and are subject to quarterly review and revision prior to the beginning of each quarter. 
  

	VI.	Payment Terms 

 Payment
will be due within 30 days of date of invoice. “Net 30 Days” 

  

					
		 	16	  	***Confidential Treatment Requested

 [...***...] 

  

					
		 	17	  	***Confidential Treatment Requested

 [...***...] 

  

					
		 	18	  	***Confidential Treatment Requested

 [...***...] 

  

					
		 	19	  	***Confidential Treatment Requested

 [...***...] 

  

					
		 	20	  	***Confidential Treatment Requested

 [...***...] 

  

					
		 	21	  	***Confidential Treatment Requested

 [...***...] 

  

					
		 	22	  	***Confidential Treatment Requested

 Schedule 4.1 
 Activities to be Completed by Genomatica 
 With respect to the Commercial Facility:

 [...***...] 

  

					
		 	1	  	***Confidential Treatment Requested

 Schedule 9.2 
 Limited Materials/Products 
  

			
	 Chemical
	  	 Number of years following
 [...***...] that T&L limitation

on sublicense applies

	
                        
            [...***...]
	  	                             
       [...***...]
	
                        
            [...***...]
	  	                             
       [...***...]

  

					
		 	1	  	***Confidential Treatment Requested

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00195-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00195-of-00352.parquet"}]]