Attached files
Exhibit 10.14
CONFIDENTIAL
EXCLUSIVITY, PRODUCT LIABILITY ANS OTHER COMMITMENTS FROM SUPPLIER
AMENDMENT N°1
This addendum is made between Sephora and the Supplier.
| Sephora | Supplier | |||
| Company Name |
Sephora S.A. | Solazyme, Inc. | ||
| Principal Place of Business |
65 avenue Edouard Vaillant 92100 Boulogne-Billancourt |
225 Gateway Boulevard South San Francisco, CA 94080 | ||
| State of Incorporation |
France | Delaware, U.S.A. | ||
| Represented by |
Martina Karlova de Camaret | Harrison Dillon | ||
| Title |
Director Exclusive Offer Europe |
President and Chief Technology Officer | ||
Sephora and the Supplier have made a supply agreement on December 7th 2010 (hereinafter referred as to “the Agreement”).
IT HAS BEEN AGREED BETWEEN THE PARTIES AS FOLLOWS:
| • | The parties expressly agree to replace the Article 6.7 b) by : |
“As Sephora provides the services, Sephora shall invoice the media plan and / or the animations and / or PR events actually provided. 50% of the invoice amount shall be deducted from the down payment made by Supplier as explained in a) above.
The invoice shall be contractually set-off against the amounts owed by Sephora for the purchase of the Products, failing which it will be paid by Supplier within 45 days of the end of the month of invoice.”
| • | The other terms and conditions of the Agreement remain unchanged. |
| • | This Amendment is effective retroactively as from December 7th 2010. |
In Boulogne-Billancourt,
On January 14th, 2011
In two copies
| /s/ Martina Karlova de Camaret |
/s/ Harrison Dillon |
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| Sephora | The Supplier |
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