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<br /> CORNISH & CAREY COMMERCIAL <br /> C&C <br /> ONCOR INTERNATIONAL <br /> S U B L E A S E <br />Sublessor: PVG Management, Inc., a California Subject Property: 303 Twin Dolphin Drive, Suite 400, <br />corporation Redwood Shores, California 94086 <br />Sublessee: City of Redwood City, a Charter City and Date: July 27, 2004 <br />Municipal corporation of the State of California <br />1. Parties: <br />This Sublease is entered into this 27th of July, 2004 by and between PVG Management, Inc., a California <br />corporation, Sublessor, and City of Redwood City, a Charter City and Municipal corporation of the State of <br />California, Sublessee, as a Sublease under the Master Lease dated June 29, 2000 entered into by <br />Provident Central Credit Union, as Lessor, and Sublessor under this Sublease as Lessee; a copy of the <br />Master Lease is attached hereto as Exhibit "A". <br />2. Provisions Constituting Sublease: <br /> 2.1 This Sublease is subject to all of the terms and conditions of the Master Lease in <br /> Exhibit "A" and Sublessee shall assume and perform the obligations of the Lessee in said <br /> Master Lease, to the extent said terms and conditions are applicable to the Premises <br /> subleased pursuant to this Sublease. Sublessee shall not commit or permit to be committed <br /> on the Premises any act or omission which shall violate any term or condition of the Master <br /> Lease. In the event of termination of Sublessor's interest as Lessee under the Master Lease <br /> for any reason, then this Sublease shall terminate coincidentally therewith without any <br /> liability of Sublessor to Sublessee. <br /> 2.2 All of the terms and conditions contained in the Master Lease are incorporated herein <br /> except for paragraphs 1.2, 1.2.2,2.2, and 2.5. <br />3. Premises: <br />Sublessor leases to Sublessee and Sublessee hires from Sublessor the following described Premises, <br />together with appurtenances, situated in the City of Redwood City, County of San Mateo, State of <br />California, commonly known and described as Suite 400 and consisting of approximately 1,018 rentable <br />square feet of office space located on the 4th floor at 303 Twin Dolphin Drive, Redwood Shores, <br />California. Sublessee shall accept the premise in an "AS-IS" condition. <br />4. Rental: <br />Sublessee shall pay to Sublessor as rent for the Premises in advance on the first day of each calendar <br />month of the term of this Sublease without deduction, offset, prior notice or demand, in lawful money of <br />901 MARINERS ISLAND BOULEVARD, SUITE 125, SAN MATEO, CA 94404 . (650) 341 5800 FAX (650) 341 7024 <br />7/12/04 I :06 PM . ALS-070704-1email rev 3/96 <br /> Page 1 of3. <br />.--.. <br />