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be reasonably necessary or helpful to fully implement the provisions of this Agreement and to secure to the parties the full and complete benefits thereof. Section 5.02 Severability. If any term or provision of this Agreement, or the application of any term or provision of this Agreement to a particular situation, is held by a court of competent jurisdiction to be invalid, void, or unenforceable, the remaining terms and provisions of this Agreement, or the application of this Agreement to other situations, shall continue in full force and effect unless amended or modified by mutual consent of the parties. Section 5.03 Recordation. City may, at its option, request the recordation of this Agreement or a memorandum thereof (the "Memorandum") in the Official Records of San Mateo County, California. Section 5.04 Execution. This Agreement shall be executed by City and Owner and the signatures of the respective parties authorized signatories shall be notarized for recordation. In the event that City requests the recordation of a memorandum, Owner shall execute same immediately upon request, and Owner's authorize signatory shall be notarized. Section 5.05 Covenants and Servitudes. All of the provisions contained in this Agreement which affect the property or the payment of money for the issuance of project Building Permits are applicable as equitable servitudes and shall constitute covenants running with the land pursuant to applicable law, including but not limited to, Section 1468 of the Civil Code of the State of California. Each covenant to act or refrain from acting is for the benefit Agmt-165 f/sh/sh/RC/Council FXS:rg 07/01/98; 07/17/98R107/22/98 12