Termination Letter for Reimbursement and Support Account Agreements between Amyris Biotechnologies, Inc. and Bank of the West (April 28, 2010)
Amyris Biotechnologies, Inc. and Bank of the West have mutually agreed to terminate their Reimbursement and Security Agreement and Support Account Agreement, both originally dated November 5, 2009. This termination is effective as of April 28, 2010. Both parties have acknowledged and agreed to end these agreements, releasing each other from their respective obligations under the terminated contracts.
Exhibit 10.09
April 28, 2010
Bank of the West
San Francisco Commercial Banking Office
180 Montgomery St., 3rd Floor
San Francisco, CA 94104
Attention: Lebbeus S. Case, Jr., Vice President & Senior Relationship Manager
RE: Amyris Biotechnologies, Inc. (the “Company”)
Ladies and Gentlemen:
Reference is made to (1) the Reimbursement and Security Agreement dated as of November 5, 2009, as amended on December 3, 2009 (the “Reimbursement Agreement”), and (2) the Support Account Agreement dated as of November 5, 2009 (the “Support Agreement”), each between the Company and Bank of the West.
This letter confirms that the Reimbursement Agreement and the Support Agreement are terminated as of the date hereof.
Best Regards,
AMYRIS BIOTECHNOLOGIES, INC.
| By: | /s/ Jeryl Hilleman | |
| Jeryl Hilleman, Chief Financial Officer |
AKNOWLEDGED AND AGREED:
BANK OF THE WEST
| By: | /s/ Lebbeus S. Case, Jr., | |
| Lebbeus S. Case, Jr., Vice President & Senior Relationship Manager |
