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EXHIBIT H <br />Form of Teen Center Lease Agreement <br />LEASE AGREEMENT <br />BY AND BETWEEN CITY OF REDWOOD CITY <br />AND EL CAMINO REAL HOLDINGS JV, LLC FOR TEEN CENTER USE <br />(901 El Camino Real, Redwood City) <br />This Lease Agreement ("Lease") is entered into this day of --,20— <br />("Effective <br />20("Effective Date") by and between the City of Redwood City, a California charter city and <br />municipal corporation ("City"), and El Camino Real Holdings JV, LLC, a Delaware limited <br />liability company ("Owner"), collectively "Party or Parties." <br />RECITALS <br />A. Owner is the owner of certain real property located at 901 EI Camino Real, <br />Redwood City, California, Assessor's Parcel Number as more <br />particularly depicted on Exhibit 1 attached hereto, ("Property"). <br />B. Owner has entered into a Development Agreement with City, effective <br />202_ (City Ordinance No. and County Recorder's Document No. <br />("Development Agreement"), to facilitate Owner's development and <br />construction of a six (6) story mixed-use commercial office and research and <br />development/laboratory project, consisting of approximately 305,225 square feet of office, and <br />approximately 3,900 square feet of open space area, including related parking and infrastructure, <br />and associated land assembly including the realignment and installation of a new Franklin Street <br />right-of-way, hereinafter referred to as the "Office Development Project." <br />C. As a community public benefit offered by the Owner as part of the Development <br />Agreement and in addition to constructing the Office Development Project, Owner has agreed, at <br />Owner's sole cost and expense, to design, construct, and furnish an approximately 6,450 square <br />foot teen center/multi-purpose space facility on the Property, which includes a 180 square foot <br />back -of -house storage area for mechanical or audio equipment, equipment storage and cleaning <br />supplies, to be leased to the City free of rent, for teens to use for study facilities, meetings, events, <br />educational purposes, cultural celebrations and similar gatherings (hereinafter collectively referred <br />to as "Teen Center"). <br />D. Sections 2.3(A) and 2.3(B) of the Development Agreement, which is incorporated <br />herein for reference, includes the key and essential terms of the Parties' intent as to the design and <br />construction or installation of the Teen Center, the hours for the City's exclusive use of the Teen <br />Center, and the respective obligations of the Parties in connection with the maintenance and use <br />of the Teen Center. Upon execution of this Lease, it is the Parties' intent that this Lease shall <br />supersede and replace Section 2.3(B) of the Development Agreement, and that Section 2.3(B) shall <br />have no further force and effect. <br />ATTY/AGR/2025.085-901 EL CAM INO REAL DA <br />REV: 08-01-25 VR <br />Exhibit 11 <br />