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ASSIGNMENT AND ASSUMPTION AND FIRST AMENDMENT TO LANDSCAPE MAINTENANCE AGREEMENT THIS FIRST AMENDMENT TO Landsca a Mainte ante A gement, 550 Allerton Street, ("First Amendment") is made and entered into thisn; a of .2018 ("Effective Date"), by and between Premia South County, LLC, a Delaware lirrod liability company ("Premia South County"), Premia 550 Owner, LLC, a Delaware limited liability company, ("Premia") and the CITY OF REDWOOD CITY, a charter city and California municipal corporation ("City"). RECITALS A. Premia South County and City entered into that certain Landscape Maintenance Agreement dated November 13, 2015 and recorded November 17, 2015 as instrument Number 2015- 120681, in the Official Records of the County of San Mateo ("Original Landscape Maintenance Agreement") concerning that certain real property commonly known as 550 Allerton Street in the City of Redwood City, County of San Mateo, State of California (the "Property"). B. On or about October 2015, Premia South County transferred title to the Property to Premia; Premia acknowledges that as a result of, and effective upon, such transfer, Premia assumed Premia South County's obligations set forth in the Original Landscape Maintenance Agreement. C. The Original Landscape Maintenance Agreement included references to landscaping plans along the Property frontage ("Plans"), all of which Plans were approved by the City. The Plans provide for installation of certain landscaping, pedestrian lighting and irrigation ("Improvements") within the project frontage ("Maintenance Area") as the Improvements and Maintenance Area were more specifically shown on Exhibit B attached to the Original Landscape Maintenance Agreement. D. Since the recordation of the Original Landscape Maintenance Agreement, several alterations were made during the construction of the Improvements which required modifications to the Improvements and Maintenance Area. Premia requested these modifications to the Improvements, and in doing so was required to alter the Improvements and Maintenance Area. E. The revised Improvements and Maintenance Area are further detailed on Revised Exhibit B to this First Amendment, consisting of Exhibit B-1 and Exhibit B-2. NOW, THEREFORE, Premia and the City hereby amend the Original Landscape Maintenance Agreement as follows: 1. Assignment and Assumption of Obligations. Premia South County hereby transfers, assigns and conveys to Premia all of Premia South County's right, title and interest in and to, and all of the Premia South County's obligations, duties and responsibilities under, the Original Landscape Maintenance Agreement as amended by this First Amendment (the "Rights and Obligations"). Premia hereby accepts the foregoing assignment, assumes all such Rights and Obligations, and agrees to perform and discharge all obligations of Premia South County under the Original Landscape Maintenance Agreement as amended by this First Amendment. 2. Exhibit B to the Original Landscape Maintenance Agreement is of no further force and effect and is hereby replaced with Revised Exhibit B. attached hereto and incorporated by reference. Page 2 of 6 REV: 05-17-18 PR ATTY/AGR.2018.102/Premia South County, LLC