RecDoc 2024-054911 Assignment and Assumption Agreement

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�j Seyfarth October 17, 2024 VIA FEDEX City of Redwood City 1017 Middlefield Road Redwood City, California 94063 Attn: City Manager City of Redwood City 1017 Middlefield Road Redwood City, California 94063 Attn: City Attorney 1075 Peachtree Street, Suite 2500 Atlanta, Georgia 30309 T (770) 885-1500 tsutliveDseyfa rth. cam T (404) 704-9634 Re: Landscape Maintenance Agreement by and between Elan Redwood City, LLC ("Developer"), and the City of Redwood City, a charter city and California municipal corporation ("City"), dated April 30, 2013, recorded as Instrument No. 2013-065241 in the Official Records of San Mateo County (the "Landscape Agreement"). Ladies and Gentlemen: We represent TGA 299 Franklin, LLC, a Delaware limited liability company ("Seller") in connection with the sale of property located at 299 Franklin Street, Redwood City, CA 94063 (the "Property"). Upon Seller's purchase of the Property, Seller was assigned certain rights under the Landscape Agreement by that certain Assignment and Assumption Agreement dated June 3, 2016, by and between Developer, as assignor, and Seller, as assignee (the "Original Assignment") recorded as Instrument No. 2016-053851 in the Official Records. Pursuant to Section 15 of the Landscape Agreement, this letter constitutes Seller's Notice to the City of Seller's assignment of its rights under the Landscape Agreement to SF FRANKLIN 2022, LLC, a Delaware limited liability company ("Buyer"). Seller and Buyer have entered into the enclosed assumption agreement (the "Assumption Agreement"), a copy of which has been recorded in the San Mateo County Recorder's Office. All capitalized terms not otherwise defined herein shall have the meanings given to them in the Landscape Agreement. Should you have any questions or comments, please do not hesitate to contact us. 314228029v.2