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Related Party Transactions

3 Months Ended

Mar. 31, 2020

The Company is a party to an ongoing transition services agreement with Dow, a related party. The Company incurred expenses for such transition services for the three months ended March 31, 2020 and March 31, 2019 as follows:


(in thousands)	Three Months Ended March 31, 2020		Three Months Ended March 31, 2019
Ongoing costs of transition services agreement	$	30	$	30
Other expenses	—		—
Total incurred expenses	$	30	$	30

As of March 31, 2020, the Company had an outstanding payable to Dow of $0.02 million related to the Transition Services Agreement. There were no outstanding amounts payable as of March 31, 2019.

Refer to Note 3 regarding the contingent consideration owed to Dow as part of the Business Combination, as well as certain other agreements entered into in connection with the Business Combination, including the termination of the Tax Receivables Agreement in 2019.

During 2016, the Company made a minority investment in RipeLocker, LLC ("RipeLocker"), a company led by George Lobisser, a director of the Company. In February 2019, the Company made a further minority investment in RipeLocker. For the three months ended March 31, 2020, there were no material amounts paid and as of March 31, 2020, there were no material amounts owed to RipeLocker or Mr. Lobisser.