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IIII IIII <br />EDEN <br />HOUSING <br />Purchase and Sales Agreement provided above, Seller agrees not to enter into negotiations with any <br />third party for the purchase of the Subject Property. <br />This proposal does not constitute a binding offer by EHI to purchase the Property from Seller. It <br />is only an expression of interest by EHl to acquire the Property on the terns and conditions set <br />forth in this letter of intent,, Tie parties mutually intend that neither shall have any binding <br />contractual obligations to the other with respect to the matters referred to herein unless and until <br />a formal written Purchase Agreement has been prepared with adequate opportunity for review by <br />legal -counsel and has been fully executed and delivered by the parties. If the terms and <br />conditions are acceptable to the Seller, please sign below and return this letter to EHI. If they are <br />not acceptable to the Seller, please respond in writing to the specific terms and conditions that <br />are of issue. <br />The terms and conditions provided berein shall remain open unless revoked until the close of <br />business (5:00 P.M. PST) on October 31, 2023.'✓ <br />Sincerely, <br />Andrea Osgood <br />Chief of Real Estate Development <br />Eden Housing, Inc. <br />Agreed and Accepted by Buyer: <br />Eden Housing, Inc. <br />BY: a^d>• [ 26, 2023 18A5 POT) <br />Name: Andrea Osgood <br />Title: Chief of Real Estate Development <br />Date: 260012023 <br />Agreed and Accepted by Seller: <br />By: <br />Name: Er -EG- 13CT <br />Title: Assoc= 4"S <br />Date: 10/2-6/23 <br />22645 Grand Street I Hayward, CA 94541 i Tel: 510-S82-146 I edenhousing.org <br />ATTY/AGR/2024.193.1—AFFORDABLE HOUSING LAND DONATION AGREEMENT - EXHIBIT B- AFFORDABLE HOUSING PLAN <br />REV: 10-22-24 VR Page 39 of 48 <br />