Common use of Delays, Penalties Clause in Contracts

Delays, Penalties. The Supplier undertakes to immediately inform SEPHORA of any event which is likely to result in a delay in delivering the products and/or in performing the services in relation to the deadline mentioned in the purchase order. The Supplier undertakes to implement any means to make up for this delay, at its own cost, being agreed that SEPHORA can demand an express shipment at the Supplier’s own cost. In the event of a delay in delivery, SEPHORA reserves the right to apply a penalty of 100 euros per reference item ordered plus 0.2 % per day of delay calculated on the total amount of the purchase order excluding VAT, without prejudice to any damages which SEPHORA may claim from the Supplier. Confidential 15 SEPHORA – MILK MAKEUP

Delays, Penalties. The Supplier undertakes to immediately inform SEPHORA Sephora of any event which is likely to result in a delay in delivering the products and/or in performing the services in relation to the deadline mentioned in the purchase order. The Supplier undertakes to implement any means to make up for this delay, at its own cost, being agreed that SEPHORA Sephora can demand an express shipment at the Supplier’s own cost. In the event of a delay in delivery, SEPHORA Sephora reserves the right to apply a penalty of 100 euros USD100 per reference item ordered plus 0.2 0.2% per day of delay calculated on the total amount of the purchase order excluding VAT, without prejudice to any damages which SEPHORA Sephora may claim from the Supplier. Confidential 15 SEPHORA – MILK MAKEUP.

Delays, Penalties. The Supplier undertakes to immediately inform SEPHORA of any event which is likely to result in a delay in delivering the products and/or in performing the services in relation to the deadline mentioned in the purchase order. The Supplier undertakes to implement any means to make up for this delay, at its own cost, being agreed that SEPHORA can demand an express shipment at the Supplier’s own cost. Confidential 10 SEPHORA S.A. – SOLAZYME, INC. In the event of a delay in delivery, SEPHORA reserves the right to apply a penalty of 100 euros per reference item ordered plus 0.2 % per day of delay [*] calculated on the total amount of the purchase order excluding VAT, without prejudice to any damages which SEPHORA may claim from the Supplier. Confidential 15 SEPHORA – MILK MAKEUP.