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<br />ATTY/RESO.0020/CC RESO APPROVING AMENDMENTS TO HPP GUIDELINES – EXHIBIT B <br />REV: 05-04-26 LF <br />Page 74 of 86 <br />6.4 Warranty Against Payment of Consideration for Regulatory Agreement. Owner <br />represents and warrants to the City that: (a) it has not employed or retained any Person to solicit <br />or secure this Regulatory Agreement upon an agreement or understanding for a commission, <br />percentage, brokerage, or contingent fee, excepting bona fide employees of Owner and Third <br />Persons to whom fees are paid for professional services related to planning, design or Construction <br />of the Development or documentation of this Regulatory Agreement; and (b) no gratuities, in the <br />form of entertainment, gifts or otherwise have been or will be given by Owner or any of its agents, <br />employees or representatives to any elected or appointed official or employee of either the City or <br />the City in an attempt to secure this Regulatory Agreement or favorable terms or conditions for <br />this Regulatory Agreement. Breach of the representations or warranties of this Section 6.4 shall <br />entitle the City to terminate this Regulatory Agreement upon seven (7) days’ Notice to the other <br />Parties and Escrow Agent. Upon any such termination of this Regulatory Agreement, Owner shall <br />immediately refund any payments made to or on behalf of Owner by the City or the City pursuant <br />to this Regulatory Agreement or otherwise related to the Property, any Approval, or the <br />Development, prior to the date of any such termination. <br />6.5 Non-liability of City Officials or Employees. No City Party shall be personally <br />liable to the Owner, or any successor in interest to the Owner, in the event of any Default by the <br />City under this Regulatory Agreement, except to the extent of the negligence or willful misconduct <br />of an City Party. <br />6.6 Governing Law. This Regulatory Agreement shall be governed by the laws of the <br />State of California. without application of conflicts of laws principles. Any legal action brought <br />in connection with this Agreement shall be instituted in the Superior Court of San Mateo County, <br />State of California, or in the Federal District Court for the Northern District of California. <br />6.7 Amendment. This Regulatory Agreement may be amended only by a written <br />instrument executed by both the Owner and the City. <br />6.8 Attorneys’ Fees. In the event that a Party brings an action to enforce in this <br />Regulatory Agreement or otherwise arising out of this Regulatory Agreement, the prevailing Party <br />in such action shall be entitled to recover from the other Party Legal Costs to be fixed by the court <br />in which a judgment is entered, as well as the costs of such suit. For the purposes of this Regulatory <br />Agreement, the words “reasonable attorneys’ fees” in the case of the City, include both the costs <br />of outside legal counsel retained by the City and the salaries, costs and overhead of the lawyers <br />employed in the Office of the City Attorney of the City who are legal counsel to the City in such <br />an action, as allocated on an hourly basis. <br />6.9 Severability. If any term or provision of this Regulatory Agreement or its <br />application to any Person or circumstance shall to any extent be invalid or unenforceable, then the <br />remainder of this Regulatory Agreement, or the application of such term or provision to Persons <br />or circumstances, other than those as to which it is invalid or unenforceable, shall not be affected <br />by such invalidity. All remaining provisions of this Regulatory Agreement shall be valid and be <br />enforced to the fullest extent Law allows. <br />6.10 Time is of the Essence. Time is of the essence with respect to the performance of <br />each term, provision, covenant, condition, restriction, reservation or agreement contained in this