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6.E. - Page 39 of 81 <br />15. ASSIGNMENT BY DEVELOPER. Developer covenants, for itself and its <br />successors and assigns, not to sell, transfer, assign or otherwise dispose of ownership of <br />the Property, unless the prospective purchaser, transferee or assignee expressly <br />promises in writing to be bound by all of the provisions hereof, including the covenant in <br />this Section 15 to require successors to expressly assume the obligations herein in the <br />form of the assignment agreement attached hereto as Exhibit C. Upon such successor <br />assuming all obligations and agreeing to be bound by this Agreement, such party shall <br />constitute the "Developer" hereunder and all predecessors -in -interest to such party shall <br />be fully relieved of the obligations hereunder and shall have no liability for any default or <br />failure to perform occurring from and after the date of such assignment and assumption. <br />Subsequent to execution of such assignment agreement, Developer shall transmit one <br />fully executed copy to the City. <br />16. NOTICES. Any notices relating to this Agreement will be given in writing <br />and will be deemed sufficiently given and served for all purposes when delivered <br />personally or by generally recognized overnight courier service, or five (5) days after <br />deposit in the United States mail, certified or registered, return receipt requested, with <br />postage prepaid, addressed as follows: <br />To Developer: WINDY HILL PV FIVE CM, LLC <br />c/o Windy Hill Property Ventures, LLC <br />530 Emerson Street, Suite 150 <br />Palo Alto, CA 94301 <br />Attn: Michael W. Field <br />To City: City of Redwood City <br />1017 Middlefield Road <br />Redwood City, California 94063 <br />Attn: City Manager <br />With a copy to: City of Redwood City <br />1017 Middlefield Road <br />Redwood City, California 94063 <br />Attn: City Attorney <br />17. MISCELLANEOUS. <br />a. Entire Agreement, Amendments, Recitals. This Agreement contains <br />the entire understanding and agreement of the Parties. This Agreement may be <br />altered, amended or modified only by an instrument in writing, executed by the <br />Parties to this Agreement. All recitals set forth above are incorporated by <br />reference into this Agreement. <br />b. Paragraph Headings. Paragraph headings as used herein are for <br />convenience only and will not be deemed to be a part of such paragraphs and will <br />not be construed to change the meaning hereof. <br />REV: 05-15-2020 PR <br />AT YIAGR.2024.074A'Vindy Hill PV Five CM, LLC (Page 8 of 15) <br />128 <br />