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To Developer: 955 Woodside Rd LLC <br />1184 Solana Drive <br />Mountain View, CA 94040 <br />Attn: Samir Sharma <br />With a copy toy Hanna & Van Atta <br />525 Middlefield Road, Suite 210 <br />Menlo Park, CA 94025 <br />Attn: David M. Van Atta <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 />14. Assignment by Developer. Developer may assign its obligations under this <br />Agreement only with the prior written approval of the City Manager. In connection with <br />any such assignment, Developer and its assignee will execute and deliver to City a written <br />assignment and assumption agreement in a form acceptable to City Attorney. Developer <br />may sell and/or grant the fee interest of units or common area located on the Property <br />and thereby transfer all of its obligations under this Agreement to its successors. Upon <br />the sale and/or grant of a fee interest in a particular lot or common area located on the <br />Property, Developer's obligations under this Agreement will inure to its successor -in - <br />interest and Developer will thereafter be released from its obligations under this <br />Agreement with respect to such lot or common area. <br />15. Assigi7ment by City. City may assign its rights and obligations under this <br />Agreement to a municipal services district or other public agency without Developer's <br />consent. <br />16. Covenant Running with the Land. This Agreement pertains to and runs with <br />the Property in perpetuity, and will be recorded against the Property at Developer's <br />expense. This Agreement binds the assigns and successors -in -interest of Developer, <br />including any transferee of any fee interest within the Property. City and its successors <br />and assigns, in the event of any breach of this Agreement, will have the right to exercise <br />all of the rights and remedies, and to maintain any actions at law or suits in equity or other <br />proper proceedings against Developer or its permitted successors and assigns to enforce <br />the curing of such breach. <br />REV: 11-21-2022 SK <br />ATTY/AGR 2022.402/955 Woodside Rd, LLC (Page 8 of 14) <br />