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DAL:dft lc)/26/90 (026/8) /Ol/90R WHEREAS, Centrum V and Centrum IV each subsequently conveyed a fee interest in its respective parcel to Oracle, and, addition, Centrum Owners is the beneficial owner of various easements on the Property and is the owner of the common areas of the Property; and WHEREAS, Centrum, Oracle, Centrum III, and Centrum OWners, as successors in interest to Campeau, have been assigned and have assumed the rights and obligations of Developer under the Development Agreement; and WHEREAS, subsequent to the execution of the Development Agreement, the development plan for the Project described in Exhibit "B" to the Development Agreement was updated and replaced by the development plan attached as Exhibit "B" to the Amendment to Development Agreement; and WHEREAS, the original Planned Development Permit PD-10307-4, as amended by PD-10303-6, and further amended on May 17, 1988, by PD-10305-8 to modify the design and the building area of the office buildings to be constructed in the Project, was superseded on April 18, 1989 by Planned Development Permit PD-10302-9 which, among other things, modified the height, area and location of the office buildings and increased by 575 parking spaces the 3,000 parking spaces originally authorized in the Development Agreement for the office buildings; and WHEREAS, the City approved a tentative subdivision map (TM 10803-9) to resubdivide the Property to conform to the revised Planned Development Permit, the final map of which was recorded 2031 2