0001213809-07-000022 Sample Contracts

R&D AGREEMENT
Research and Development • April 2nd, 2007 • Dyadic International Inc • Services-commercial physical & biological research • Delaware

THIS R&D AGREEMENT (this “Agreement”), dated as of October 26, 2006 (the “Agreement Date”), by and among DYADIC INTERNATIONAL (USA), INC., a Florida corporation with headquarters located at 140 Intracoastal Pointe Drive, Suite 404, Jupiter, Florida 33477 (the “Dyadic”), and ABENGOA BIOENERGY R&D, INC., a Missouri corporation with headquarters located at 1400 Elbridge Payne Road, Suite 212, Chesterfield, Missouri (“ABRD”). Dyadic and ABRD are sometimes collectively referred to as the “Parties” and individually as a “Party.” Certain capitalized terms used herein have the meanings assigned them in Article I hereof.

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