Seventeen-electron compounds of MoIII having the general formula [(eta5-C5R5)Mo(eta4-diene)X2] (R = H, Me: dieney = butadiene, isoprene, or 2,3-dimethylbutadiene: X= Cl, CH3) are a new class of ethylene polymerization catalysts. The polyethylene obtained shows a bimodal distribution, the major weight fraction being characterized by very long (M around 10(6)) and highly linear polymer chains. The newly prepared pentamethylcyclopentadienyl (Cp*) derivatives are more active than the cyclopentadienyl (Cp) derivatives, but much less active than previously investigated niobiumIII compounds having the same stoichiometry. On the other hand, the turnover frequency of the active site leading to the high molecular weight chains is at least 10 times greater than that obtained with the corresponding Nb catalyst. The reason for the low activity is explained by a difficult activation process that is attributed to the low polarity and high strength of the Mo-alkyl bond. This is confirmed by a Mulliken charge analysis of density functional theory (DFT) geometry-optimized [CpM(eta4-C4H6)(CH3)2] (M = Nb, Mo) and by the calculation of the heterolytic bond dissociation energies. DFT calculations have also been carried out on the ethylene insertion coordinate for the [CpM(eta4-C4H6)(CH3)]+ model of the presumed active site. The results indicate an equivalent activation barrier to insertion for the Nb and Mo systems. Differences in optimized geometries for the reaction intermediates are attributed to the presence of the extra electron for the Mo system. This electron opposes the formation of M-H-C agostic interactions, while it strengthens the back-bonding M-ethylene interaction, but otherwise plays no active role in the polymer chain propagation mechanism. According to the calculations, the chain propagation for the Mo system occurs entirely on the spin doublet surface, the minimum energy crossover point with the quartet surface lying at a higher energy than the transition state for insertion on the doublet surface.