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To Developer: 200-240 Twin Dolphin, LLC <br />415 Mission Street, 45th floor <br />San Francisco, CA 94105 <br />Attn: Meris Ota <br />With a copy to: 200-240 Twin Dolphin, LLC <br />415 Mission Street, 45th floor <br />San Francisco, CA 94105 <br />Attn: Adam Voelker <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. <br />15. Assignment by_Ciy. 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 a fee interest in the Property. City and its successors and <br />assigns, in the event of any breach of this Agreement, will have the right to exercise all of <br />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 />17. Miscellaneous. <br />17.1 Entire Agreement, Amendments, Recitals. This Agreement contains the <br />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 reference <br />into this Agreement. <br />REV: 03-15-23 SK <br />ATTY/AGR.2023.050/Trammell Crow Company (200 Twin Dolphin - LMA) (Page 8 of 14) <br />