RecDoc 2022-044661- IQHQ TRS Elco Yards,Inc.

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With a copy to: Holland & Knight LLP 400 South Hope Street, 8th Floor Los Angeles, California 90071 Attn: Douglas Praw Email: doug.prawAhklaw.com If to the City: Redwood City 1017 Middlefield Road Redwood City, CA 94063 Attention: City Manager with copy to: Redwood City 1017 Middlefield Road Redwood City, CA 94063 Attention: City Attorney Such written notices, demands, and communications may be sent in the same manner to such other addresses as the affected party may from time to time designate by mail as provided in this Section. Receipt shall be deemed to have occurred on the date shown on a written receipt for delivery or refusal of delivery. 6.12 Waiver of Requiremeiits. Any of the requirements of this Agreement may be expressly waived by the City in writing, but no waiver by the City of any requirement of this Agreement shall, or shall be deemed to, extend to or affect any other provision of this Agreement. Any extension of time granted to Owner to perform any obligation under this Agreement shall not operate as a waiver or release from any of its obligations under this Agreement. Consent by the City to any act or omission by Owner shall not be construed to be consent to any other or subsequent act or omission or to waive the requirement for the City's written consent to future waivers. 6.13 Entire Understanding of the Parties. This Agreement constitutes the entire Agreement between the Parties and no modification shall be binding unless reduced to writing and signed by the Parties. 6.14 No Third P Beneficiaries. There shall be no third party beneficiaries to this Agreement. 6.15 Title of Parts and Sections. Any titles of the sections or subsections of this Agreement are inserted for convenience of reference only and shall be disregarded in interpreting any part of the Agreement's provisions. 6.16 Severability. If any provision of this Agreement shall be invalid, illegal, or unenforceable, the validity, legality, and enforceability of the remaining portions of this Agreement shall not in any way be affected or impaired thereby. REV: 04-07-2022 SK ATTY/AGR.2022.066/IQHQ TRS Elco Yards, Inc. (Page 14 of 19)