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To Developer: 879 Vista Drive Partners, LLC <br />1194 Sesame Drive <br />Sunnyvale, CA 94087 <br />Attn: Kirk McGowan <br />With a copy to: Ravella Construction <br />940 Washington Street <br />San Carlos, CA. 94070 <br />Attn: Joe Ravella <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 lots/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. Assignment 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 a fee interest in any lot located within the Property. City and <br />its successors and assigns, in the event of any breach of this Agreement, will have the <br />right to exercise all of the rights and remedies, and to maintain any actions at law or suits <br />in equity or other proper proceedings against Developer or its permitted successors and <br />assigns to enforce the curing of such breach. <br />REV: 05-01-25 VR <br />ATTY/AGR.2025.094/879 Vista Drive Partners, LLC (879 Vista Dr (Lot 2) (Page 8 of 13) <br />