Document:

Amendment IV to the Collaboration Agreement

 Exhibit 10.31.2 

AMENDMENT IV 
 to the
Collaboration Agreement effective as of November 15, 2007 between Ceres, Inc. and Institute of Crop Sciences of the Chinese Academy of Agricultural Sciences, as amended (the “Agreement”). 

 

	 	1.	The Parties agree to amend Article 2.1 of the Agreement by substituting the first sentence by the following two sentences: 

“ICS will perform research projects as agreed upon by the Parties (all such projects, together, the “Program”). Proposals
for research projects will be made by Ceres to the Collaboration Committee, which will discuss and decide on Program plans and budgets. Ceres will deliver to ICS material and information as may be agreed upon by the Parties in the framework of such
research projects (jointly referred to as the “Ceres Material”).” 
  

	 	2.	The Parties agree to amend Article 2.2 so as to read as follows: 

 “For all Program activities, ICS shall strictly comply with the standard operating protocols referred to hereinafter as “SOPs”, which will be jointly agreed upon by the Parties. Further,
ICS shall strictly comply with any Stewardship Guidelines which may be provided by Ceres. The Stewardship Guidelines applicable on the Effective Date of this Amendment IV are in ANNEX IV and ANNEX IV-A to the Agreement. Ceres may
provide written updates from time to time.” 
  

	 	3.	The Parties agree to amend the first sentence of Article 2.3 so as to read as follows: 

“In performing the Program activities ICS undertakes to comply with the work plan and time schedule that will be agreed between the
Parties and with all applicable laws, rules and regulations.” 
  

	 	4.	The Parties agree to amend the last sentence of Article 2.3 so as to read as follows: 

“ICS will make available all laboratory, greenhouse, and field space and all relevant equipment and supplies required to perform the
Program.” 
  

	 	5.	The Parties agree to amend Article 2.4 so as to read as follows: 

 “ICS undertakes not to make any use of the Ceres Material which is not strictly necessary for performing Program activities.” 

  
 Page 1 of 3

	 	6.	The Parties agree to add a new Article 2.8 as follows: 

 “Whenever the Program activities include the delivery of any plants, parts of plants, seed or other propagating material to a location outside of China, ICS will work diligently to organize export
outside of China and will be responsible for obtaining any export permits or authorizations which may be required. Ceres will organize import into the destination country and will be responsible for obtaining any import permits or authorizations
which may be required. The Parties will provide reasonable assistance to each other upon request in connection with any formalities required with respect to such export or import.” 

 

	 	7.	The Parties agree to amend the second sentence of Article 3.1 so as to read as follows: 

“The type of information to be included in the reports and formatting will be agreed between the Parties.” 

 

	 	8.	The Parties agree to amend Article 4.1 so as to read as follows: 

 “Ceres will remunerate ICS for the implementation of the Program as agreed between the Parties, in accordance with a payment schedule and detailed Program budget to be agreed between the
Parties.” 
  

	 	9.	The Parties agree to amend the first sentence of Article 5.1 so as to read as follows: 

“ICS will hire employees with qualifications to be agreed between the Parties, to perform the Program activities on a full-time
basis.” 
  

	 	10.	The Parties agree to delete the first sentence of Article 5.2. 

  

	 	11.	The Parties agree to amend the first sentence of Article 7.1 so as to read as follows: 

“The Parties shall establish a Collaboration Committee to determine the Program and to oversee the implementation of the
Program.” 

  
 Page 2 of 3

	 	12.	The Parties agree to add a clause 7.2.0 in Article 7.2 as follows: 

 “7.2.0. Determining the Program including, without limitation, definition of activities, timelines, deliverables, staffing, other resources, reporting requirements and format, budget and
payments.” 
  

	 	13.	The Parties agree that this Amendment IV will be effective as of August 31, 2012 and will constitute implementation of the second sentence of Amendment III,
Article 1. 

  

	 	14.	For the remainder, the Agreement remains unchanged and this Amendment IV shall form an integral part thereof. 

Made in two (2) copies. 
  

									
	Institute of Crop Sciences Chinese Academy of Agricultural Sciences	 		 	Ceres, Inc.
					
	By:	 	  
	 		 	By:	 	 /s/ Roger Pennell

	Name:	 	  
	 		 	Name:	 	Roger Pennell
	Title:	 	  
	 		 	Title:	 	Vice President of Trait Development
					
	By:	 	 /s/ Jianmin Wan
	 		 	By:	 	 /s/ Richard Flavell

	Name:	 	Jianmin Wan	 		 	Name:	 	Richard Flavell, CBE, FRS
	Title:	 	Director, ICS	 		 	Title:	 	Chief Scientific Officer

  
 Page 3 of 3EX-10.1

 EXHIBIT 10.1 
 [AMENDMENT NO. 1] 
  

			
	

	 	9721 Sherrill Blvd. | Knoxville TN 37932
		 	865-560-4328 | fax 865-560-4710
		
	Kenneth W. Lowe	 	ken.lowe@scrippsnetworks.com
	 Chairman of the Board, President,
 Chief Executive Officer
	 	assistant: Nancy Walters | nancy.walters@scrippsnetworks.com

 November 14, 2012 
 Joseph G. NeCastro 
 1544 Wembley Hills Road 

Knoxville, TN 37922 
  

	Re:	Amendment No. 1 to Employment Agreement 

 Dear Joe: 
 This Amendment No. 1 (this “Amendment”) to your Employment Agreement
with Scripps Networks Interactive, Inc. (the “Company”), dated as of March 29, 2010 (the “Employment Agreement”), amends the Employment Agreement as expressly stated herein. 

 

	1.	Defined Terms. The capitalized terms used in this Amendment and not otherwise defined herein shall have the meanings set forth in the Employment Agreement.

  

	2.	Term. Paragraph 1 of the Employment Agreement is deleted in its entirety and replaced with the following: 

 

	 	“1.	Term. Subject to the provisions for earlier termination provided in paragraph 10 hereof, the term of your employment hereunder, which became effective as of
January 1, 2010, shall continue until December 31, 2016 (such date is hereinafter referred to as the “Termination Date”); provided that the Company shall have the option, exercisable by written notice given to you at least one
hundred twenty (120) days’ prior to the Termination Date, to extend the term of this Agreement, on the terms and conditions similar to those set forth herein, for a successive period of one year ending on the one-year anniversary of the
Termination Date (such date is hereinafter referred to as the “Renewal Termination Date”). Notwithstanding the foregoing, you shall not be required to accept the extension of the term of your employment through the Renewal Termination
Date, and if within 30 days following notice from the Company, you inform the Company, in writing, of your refusal to accept such extension, your employment will end on the Termination Date. As used in this Agreement the word “Term” shall
mean the period ending on the Termination Date or, if applicable because of the extension of this Agreement by the Company pursuant to this paragraph 1, the Renewal Termination Date, in either case notwithstanding any earlier termination of your
employment for any reason.” 

  

	3.	Annual Salary. The first sentence of paragraph 3(a) of the Employment Agreement is amended, effective as of October 1, 2012, by deleting
“$735,000” and replacing it with “$850,000”. 

 Joseph G. NeCastro 
 November 14, 2012 
 Page 2 

 

	4.	Annual Incentive. The first sentence of paragraph 3(b) of the Employment Agreement is amended, effective as of January 1, 2012, by deleting “75%”
and replacing it with “80%”. 

  

	5.	Equity Award. Paragraph 3(c) of the Employment Agreement is deleted in its entirety and replaced with the following: 

 

	 	“(c)	Equity Awards. On November 14, 2012 (the “Grant Date”), the Company shall grant to you the following equity awards: 

 

	 	(i)	A restricted share unit award (the “Restricted Share Unit”) that covers a number of units (rounded up to the nearest whole unit) obtained by dividing
(x) $400,000, by (y) the closing per-share price of the Company’s Class A Common Shares as listed on the New York Stock Exchange on the Grant Date. Such Restricted Share Unit shall be granted upon the terms, and subject to the
conditions, of the 2008 Long-Term Incentive Plan and an award agreement evidencing the grant of the Restricted Share Unit substantially in the form of Exhibit A attached to and made part of this Agreement. 

 

	 	(ii)	A performance based restricted share unit award (the “Performance-Based Restricted Share Unit”) that covers a number of units (rounded up to the nearest whole
unit) obtained by dividing (x) $100,000, by (y) the closing per-share price of the Company’s Class A Common Shares as listed on the New York Stock Exchange on the Grant Date. Such Performance-Based Restricted Share Unit shall be
granted upon the terms, and subject to the conditions, of the 2008 Long-Term Incentive Plan and an award agreement evidencing the grant of the Performance-Based Restricted Share Unit substantially in the form of Exhibit B attached to and made
part of this Agreement.” 

  

	6.	Renewal Equity Awards. The following new paragraph 3(d) is hereby added to the Employment Agreement: 

 

	 	“(d)	Renewal Equity Awards. If, pursuant to paragraph 1, your employment hereunder is continued by mutual agreement for a successive one-year term following the
Termination Date, as an inducement for you to continue such employment for such one-year renewal term, the Company shall grant to you the following equity awards within ten days following the Termination Date: 

 

	 	(i)	A Restricted Share Unit that covers a number of units (rounded up to the nearest whole unit) obtained by dividing (x) $400,000, by (y) the closing per-share
price of the Company’s Class A Common Shares as listed on the New York Stock Exchange on the Termination Date. Such Restricted Share Unit shall be granted upon the terms, and subject to the conditions, of the 2008 Long-Term Incentive Plan
and an award agreement evidencing the grant of the Restricted Share Unit substantially in the form of Exhibit A attached to and made part of this Agreement. 

 

	 	(ii)	 A Performance-Based Restricted Share Unit that covers a number of units (rounded up to the nearest whole unit) obtained by dividing
(x)

 Joseph G. NeCastro 
 November 14, 2012 
 Page 3 

 

	 	$100,000, by (y) the closing per-share price of the Company’s Class A Common Shares as listed on the New York Stock Exchange on the Termination Date.
Such Performance-Based Restricted Share Unit shall be granted upon the terms, and subject to the conditions, of the 2008 Long-Term Incentive Plan and an award agreement evidencing the grant of the Performance-Based Restricted Share Unit
substantially in the form of Exhibit B attached to and made part of this Agreement.” 

  

	7.	Good Reason Termination. Paragraph 10(b) of the Employment Agreement is deleted in its entirety and replaced with the following: 

 

	 	“(b)	Good Reason Termination. You may terminate your employment under this Agreement for Good Reason at any time during the Term by written notice to the Company.
“Good Reason” shall mean without your written consent (other than in connection with the termination or suspension of your employment or duties for Cause or in connection with your Permanent Disability) exclusively: (i) a material
adverse change in your title of Chief Administrative Officer, Chief Financial Officer or Head of Corporate Development; (ii) during the period ending December 31, 2014, a material adverse change in your title of Head of International;
(iii) a reduction in your authority, duties, and responsibilities (viewed in the aggregate); (iv) a reduction in your Annual Salary or target Annual Incentive (other than a general reduction in Annual Salary that affects all similarly
situated executives in substantially the same proportions); (v) a material reduction in the budget over which you retain authority (except for good faith budget adjustments necessitated by the legitimate business needs of the Company or those
that occur as a result of permitted changes to your authority, duties, and responsibilities hereunder); (vi) a requirement that you report to someone other than the Chief Executive Officer of the Company; or (vii) a material change in
geographic location at which you must perform services under this Agreement from the Company’s offices at which you were principally employed. A termination of your employment shall not be deemed to be for Good Reason unless: (1) you
provide written notice to the Company of the existence of the event or condition constituting the basis for your Good Reason termination within thirty (30) days after such event or condition initially occurs or exists; (2) the Company
fails to cure such event or condition within thirty (30) days after receiving such notice; and (3) your termination of employment occurs not later than ninety (90) days after such event or condition initially occurs or exists.”

  

	8.	Severance Contingent On Release, Waiver and Non-Compete Agreement. Paragraph 11 of the Employment Agreement is deleted in its entirety and replaced with the
following: 

  

	 	“11.	 Severance Contingent On Release, Waiver and Non-Compete Agreement. If your employment hereunder terminates on the Termination Date (including as
a result of your refusal to accept an extension of the term of your employment pursuant to paragraph 1), or if the Term is extended to the Renewal Termination Date pursuant to paragraph 1 and your employment hereunder terminates on the Renewal
Termination Date, provided that you execute and do not later revoke or materially violate the Release, Waiver and Non-Compete Agreement in a form materially similar to the document attached hereto as Exhibit C attached to and

 Joseph G. NeCastro 
 November 14, 2012 
 Page 4 

 

	 	made part of this Agreement (the “Release”), you will be entitled to the benefits described in paragraphs 10(d)(i) – (vi) as further provided in
this paragraph 11. The Release must be executed by you and become effective and irrevocable in accordance with its terms no later than the thirtieth (30th) day following termination of your employment (such thirtieth day is referred to herein
as the “Release Date”). Payment of the benefits described in paragraphs 10(d)(i), (iii), (iv) and (v) shall be made shall be made on the Release Date or such later date as required by paragraph 22 hereof, notwithstanding any
contrary provisions herein.” 

  

	9.	No Other Amendments. Except as expressly amended, modified and supplemented hereby, the provisions of the Employment Agreement are and will remain in full force
and effect and shall be binding on the parties thereto. References in the Employment Agreement or in any other document to the Employment Agreement shall refer to the Employment Agreement, as amended hereby. 

 

	10.	Counterparts. This Amendment may be executed in one or more counterparts, each of which shall be deemed an original, but all of which taken together shall
constitute one and the same agreement. 

  

	11.	Governing Law. This Amendment shall be governed by and construed in accordance with the laws of the State of Tennessee. 

If the foregoing correctly sets forth our understanding, please sign, date and return all three copies of this Amendment to the undersigned for execution
on behalf of the Company; after this Agreement has been executed by the Company and a fully-executed copy returned to you, it shall constitute a binding agreement between us. 

Sincerely yours, 
 Kenneth W. Lowe 
  

	
	ACCEPTED AND AGREED:
	
	  
	Joseph G. NeCastro

Dated:

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