Agmt07 Tarboosh Restaurant - Paseo Adjacent to 837 Jefferson Avenue

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ORIGINAL ASSIGNMENT AND ASSUMPTION OF LICENSE This Assignment and Assumption of License(the"Assignment") is entered into as of ri �, 2014 between HAP Partners RWC LLC, a California limited liability company, ("Assignee") and Byrtus Group, Inc., a California corporation ("Assignor"). RECITALS A. Assignor and the Redevelopment Agency of the City of Redwood City (the "Redevelopment Agency") are parties to that License Agreement dated on or about February 21, 2007(the"Original License") by which Assignor is granted the exclusive right to use the Premises. Assignor and the Redevelopment Agency amended the Original License by that certain Amendment No. 1 to License Agreement dated on or about May 17, 2010 (the Amendment). The Original License and Amendment are collectively referred to herein as the "License". B. The Agency has been dissolved, and the License is controlled by the Successor Agency to the Redwood City Redevelopment Agency("Successor Agency")as the successor in interest to the Agency. C. Assignor proposes to sell to Assignee all of the assets that are included and used in the restaurant that occupies the Premises pursuant to the Asset Purchase Agreement dated on or about February�Q, 2014 ("Purchase AgreemenY'). As a condition to the sale of the assets in the Purchase Agreement, Assignor desires to assign to Assignee the License and all rights set forth therein. AGREEMENT THEREFORE, in consideration of the foregoing recitals, which are a part of this Assignment, and the mutual promises and conditions herein, the parties agree as follows: 1. Assiqnment. For good and valuable consideration, receipt of which is hereby acknowledged, Assignor hereby assigns and transfers to Assignee all of its right, title and interest in and to that certain License and amendments thereto, demising to Assignee those certain Premises commonly known and designated in the License. A full, true and correct copy of said License is attached hereto, marked Exhibit A, and incorporated by reference herein. All capitalized terms herein, unless defined otherwise, shall have the same meaning as the defined terms in the License. 2. Effective Date. The Effective Date of the Assignment shall be the Closing Date, as such term is defined in the Purchase Agreement. Assignor shall transfer possession of the Premises to Assignee on said Effective Date. 3. Acceptance and Assumption of Obliqations. Assignee hereby accepts this ATTY/AGR/2014.050/TARBOOSH HOWIE'SASSUMPTION REV:04-09-14 VR Page 1 of 6