Certain Covenants and Obligations. 8.1 Bio-Product. During the first two (2) years of the initial term of this Agreement, Solazyme may offer bio-product (biomass) from the Triglyceride Oil Facility for sale to ADM, provided the following occur: *. Any capital required to off-load, convey, blend, store, and otherwise handle such biomass will be the responsibility of Solazyme. For biomass purchased by ADM, Solazyme will be paid a purchase price to be negotiated in good faith between the Parties *. The Parties shall in good faith attempt to enter into a Bio-Product Purchase/Sale Agreement reflecting the term set forth in this Section 8.1, as well as other reasonable and customary purchase/sale terms, as soon as practicable after the Effective Date.
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Samples: Strategic Collaboration Agreement
