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ATTY/AGR/2016.160/CENTRUM OWNERS ASSOCIATION-STMMA <br />REV: 06-22-16 JS <br />Page 6 of 9 <br />against the City, its authorized agents, officers, officials or employees shall be allowed, the <br />Property Owner shall pay for all costs and expenses in connection herewith. This section shall not <br />apply to any claims, demands, suits, damages, liabilities, losses, accidents, casualties, occurrences, <br />and payments, including attorney fees claimed which arise due to the gross negligence or willful <br />misconduct of the City. <br />11. No Additional Liability. It is the intent of this Agreement to insure the proper <br />maintenance of the stormwater treatment measure(s) by the Property Owner; provided, however, <br />that this Agreement shall not be deemed to create or effect any additional liability not otherwise <br />provided by law of any party for damage alleged to result from or caused by storm water runoff. <br />12. Performance Financial Assurance. The City may request the Property Owner to <br />provide a performance bond, security, or other appropriate financial assurance providing for the <br />maintenance of the stormwater treatment measure(s) pursuant to the City Stormwater Regulations. <br />13. Transfer of Property; No Impairment of Lien. This Agreement shall run with the <br />title to the land and any portion thereof. The Property Owner further agrees whenever the School <br />Site Portion of the Property and/or the Adjacent Property, as the case may be, or any portion thereof <br />is held, sold, conveyed or otherwise transferred, it shall be subject to this Agreement which shall <br />apply to, bind and be obligatory to all present and subsequent owners of the School Site Portion <br />of the Property and/or the Adjacent Property, as the case may be, or any portion thereof. <br />14. Notices. Any notices relating to this Agreement shall be given in writing and shall <br />be deemed sufficiently given and served for all purposes when delivered personally or by generally <br />recognized overnight courier service, or five (5) days after deposit in the United States mail, <br />certified or registered, return receipt requested, with postage prepaid, addressed as follows: <br />To the Property Owner: Centrum Owners Association/ <br /> Oracle America, Inc./ <br /> Oracle Corporation <br /> 500 Oracle Parkway <br /> Redwood City, California 94065 <br /> Attn: Head of Global Real Estate and Facilities <br /> <br />With copies to: Oracle America, Inc. <br /> 500 Oracle Parkway <br /> Redwood City, California 94065 <br /> Attn: General Counsel <br /> <br /> Oracle America, Inc. <br /> 1001 Sunset Boulevard <br /> Rocklin, California 95765 <br /> Attn: Lease Administration <br /> <br /> <br /> <br /> <br />6.1.K. - Page 60