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DEVELOPMENT AGREEMENT
This Development Agreement ("Development Agreement") is entered into on April 15 , 2010 ("EffectiveDate") by and between Cargill, Incorporated through its Bio Technology Development Center, having its principal place of business at 15407 McGinty Road West, Wayzata, Minnesota 55391 USA ("Cargill") and Bioamber S.A.S., having a place of business at Route de Bazancourt, F-51110, Pomacle France ("Bioamber"). Bioamber and Cargill shall be referred to individually as "Party" and collectively as "Parties", as required by text.
Background
Cargill and Bioamber mutually agree as follows: