RecDoc2025-069714 1018 and 1020 Main Street Historic Property Preservation

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indemnification provision, even if the allegations are or may be groundless, false, or fraudulent, which obligation arises at the time such claim is tendered to Owner by City, and continues at all times thereafter. Owner's obligations under this Section shall survive termination of this Contract. 11. Property Insurance. Owner shall maintain during the life of this Agreement a homeowner's insurance policy. 12. Status of Parties. None of the terms, provisions or conditions of this Contract shall be deemed to create a partnership between the parties hereto and any of their heirs, successors or assigns, nor shall such terms, provisions or conditions cause them to be considered joint venturers or members of any joint enterprise. 13. California Law. This Contract shall be construed and governed in accordance with the laws of the State of California. 14. Notice. Any notice required to be given by the terms of this Contract shall be given in writing and delivered personally or by depositing the same with the U.S. Postal Service, first class (or equivalent) postage prepaid, addressed to the respective parties as specified below or at such other address as may be later specified by them. CITY: City of Redwood City Attn: City Manager 1017 Middlefield Road Redwood City, CA 94063 OWNER(S): 1018 Main Street, LLC Steven R. Pierce Carolyn L. Pierce 209 Cowper Street Palo Alto, CA 94301 15. SeverabiIitY. In the event that any of the provisions of this Contract are held to be unenforceable or invalid by any court of competent jurisdiction, or by subsequent preemptive legislation, the validity and enforceability of the remaining provision, or portions thereof, shall not be effected thereby. 16. Amendments. This Contract may be amended, in whole or in part, only by a written and recorded instrument executed by the parties hereto. 17. Recordation. No later than twenty (20) days after the parties execute and enter into this Contract, City shall cause this Contract to be recorded in the office of the County Recorder of the County of San Mateo. 18. Incorporation of Exhibits by Reference. All exhibits referenced in this Contract and attached hereto are hereby incorporated into this Contract by reference. 19. Section Headin s. Section headings as used herein are for convenience only and shall not be deemed to be a part of such sections and shall not be construed to change the meaning thereof. REV: 10-22-25 VR (Signature page follows) ATTY/AGR.2025.284/1018 and 1020 Main Street (Page 5 of 12)