Agmt23 557 East Bayshore Road Settlement Agreement

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ATTY/AGR/SETTLEMENTS/2023/SETTLEMENT AGREEMENT - 557 E. BAYSHORE ROAD REV: 05-17-23 JB #216638140_v1 8 6. General Provisions. (a) Notices. All notices and any other communications permitted or required under this Agreement must be in writing and will be effective (a) immediately upon delivery in person, provided delivery is made during regular business hours or receipt is acknowledged by a person reasonably believed by the delivering party to be employed by the recipient; (b) on the business day following the completed delivery if delivery is made by electronic mail transmission (“Email”) (so long as any Email notice contains the following in the Subject line in all caps: “557 E. BAYSHORE -NOTICE UNDER SETTLEMENT AGREEMENT") completed before 5:00 p.m. on a business day, as evidenced by the transmission confirmation generated by the sending Email system; provided, however, that any communication by Email to be effective must be confirmed within two (2) business days after transmission by duplicate notice delivered in person or by overnight mail or delivery, unless the recipient confirms receipt by return Email; (c) upon the actual delivery as evidenced by executed receipt of the recipient if delivered by a nationally recognized delivery service for overnight delivery, provided delivery is made during regular business hours or receipt is acknowledged by a person reasonably believed by the delivering party to be employed by the recipient; or (d) or the date shown on the return receipt if delivered by the United States Postal Service, certified mail, return receipt requested, postage prepaid and with the return receipt returned to the sender marked as delivered, undeliverable or rejected. The inability to deliver because of a changed address of which no notice was given, or rejection or other refusal to accept any notice, shall be deemed to be the receipt of the notice as of the first date of such inability to deliver or rejection or refusal to accept. Any notice to be given by any Party may be given by the counsel for such Party. All notices must be properly addressed and delivered to the Parties at the addresses set forth below, or at such other addresses as either Party may subsequently designate by written notice given in the manner provided in this Section: To City: City Manager’s Office City of Redwood City 1017 Middlefield Road Redwood City, CA 94063 Attn:_Melissa Stevenson Diaz Email: mdiaz@redwoodcity.org With a copy to: City Attorney’s Office City of Redwood City 1017 Middlefield Road Redwood City, CA 94063 Attn: Veronica Ramirez Email: vramirez@redwoodcity.org To Developer: To SyRES: SyRES Properties LLC 150 Pelican Way San Rafael, CA 94101