Common use of Conduct and Governance of the Alliance Clause in Contracts

Conduct and Governance of the Alliance. a) The Parties will establish an Alliance steering committee with four (4) members with equal representation by Myriant and Xxxx (the “Steering Committee”). b) The Steering Committee shall convene in person, by videoconference or telephonically on no less than a quarterly basis, and on shorter notice if circumstances dictate, to review the performance of the Alliance, address any issues or disputes and take such other actions as may advance the purposes of the Alliance. The Steering Committee shall have such other responsibilities as set forth herein and shall also review and recommend specific Projects for bid to the Parties, decide whether or not to bid for a specific Project, and decide on further research and development work in connection with the Processes. c) The Parties will establish a project team (the “Project Team”), with equal representation by Myriant and Xxxx. The Project Team’s basic functions shall be: i development of the upstream and downstream Processes, including the harmonization of the economics on both Parties’ sides, iii oversight and coordination of design, construction and start-up of new Plants (located outside of the United States).

Conduct and Governance of the Alliance. a) The Parties will establish an Alliance steering committee with four (4) members with equal representation by Myriant and Xxxx UCA (the “Steering Committee”). b) The Steering Committee shall convene in person, by videoconference or telephonically on no less than a quarterly basis, and on shorter notice if circumstances dictate, to review the performance of the Alliance, address any issues or disputes and take such other actions as may advance the purposes of the Alliance. The Steering Committee shall have such other responsibilities as set forth herein and shall also review and recommend specific Projects for bid to the Parties, decide whether or not to bid for a specific Project, and decide on further research and development work in connection with the Processes. c) The Parties will establish a project team (the “Project Team”), with equal representation by Myriant and Xxxx. UCA, The Project Team’s basic functions shall be: i development of the upstream and downstream Processes, including the harmonization of the economics on both Partiesparties’ sides, ii selection of technologies to be used for future Plants, iii ensuring the scale up and continuous run of Pilot Plant, iv selection and design of Xxxx Process for the Demonstration Plant, v oversight and coordination of designengineering, construction and construction, start-up of new Plants (located outside and operation of the United States).Demonstration Plant, and

Conduct and Governance of the Alliance. a) The Parties will establish an Alliance steering committee with four (4) members with equal representation by Myriant and Xxxx (the “Steering Committee”). b) The Steering Committee shall convene in person, by videoconference or telephonically on no less than a quarterly basis, and on shorter notice if circumstances dictate, to review the performance of the Alliance, address any issues or disputes and take such other actions as may advance the purposes of the Alliance. The Steering Committee shall have such other responsibilities as set forth herein and shall also review and recommend specific Projects for bid to the Parties, decide whether or not to bid for a specific Project, and decide on further research and development work in connection with the Processes. c) The Parties will establish a project team (the “Project Team”), with equal representation by Myriant and Xxxx. The Project Team’s basic functions shall be: i development of the upstream and downstream Processes, including the harmonization of the economics on both Parties’ sides, ii selection of technologies to be used for future Plants (located outside of the United States), and iii oversight and coordination of design, construction and start-up of new Plants (located outside of the United States).

Conduct and Governance of the Alliance. a) The Parties will establish an Alliance steering committee with four (4) members with equal representation by Myriant and Xxxx UCA (the “Steering Committee”). b) The Steering Committee shall convene in person, by videoconference or telephonically on no less than a quarterly basis, and on shorter notice if circumstances dictate, to review the performance of the Alliance, address any issues or disputes and take such other actions as may advance the purposes of the Alliance. The Steering Committee shall have such other responsibilities as set forth herein and shall also review and recommend specific Projects for bid to the Parties, decide whether or not to bid for a specific Project, and decide on further research and development work in connection with the Processes. c) The Parties will establish a project team (the “Project Team”), with equal representation by Myriant and Xxxx. UCA, The Project Team’s basic functions shall be: i development of the upstream and downstream Processes, including the harmonization of the economics on both Partiesparties’ sides, ii selection of technologies to be used for future Plants, iii ensuring the scale up and continuous run of Pilot Plant, iv selection and design of Xxxx Process for the Demonstration Plant, v oversight and coordination of engineering, construction, start-up and operation of the Demonstration Plant, and vi oversight and coordination of design, construction and start-up of new Plants (located outside of the United States)Plants.