Common use of Demonstration Phase Clause in Contracts

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

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.