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4. Effect. Seller and Buyer have executed and recorded this Memorandum for the <br /> purpose of imparting notice of the Purchase and Sale Agreement and the respective rights and <br /> obligations of Seller and Buyer thereunder. The obligations of Seller and Buyer to be performed <br /> under the Purchase and Sale Agreement and this Memorandum, whether to be performed on the <br /> Property or elsewhere and whether such obligations are affirmative or negative in nature, are <br /> intended to and shall bind Seller and Buyer and shall bind and inure to the benefit of and their <br /> respective heirs, successors and assigns. <br /> IN WITNESS WHEREOF, Seller and Buyer have signed this Memorandum of Purchase <br /> and Sale Agreement dated as of the date first set forth above. <br /> SELLER: <br /> .11, ofil ATE LE [(FJ t 7/j'u SALAMAN ASSOCIATES, LLC, a California <br /> ConoiiniSt °f y limited lia ili y company <br /> The foregoing in u ni as , c <br /> 1 this y rf 2e '' <br /> by <br /> Oiame KI i4 N By: <br /> of n rg Ucncylr.. <br /> • r i'ubk Name: Fi/ANKUAIJ SAL. 4 H AA) <br /> fdy corragssion moires: hY CoInnussion ExPres 03 <br /> 2014 Its: t9 A r-4A CoFie— — <br /> BUYER: <br /> THE REDEVELOPMENT AGENCY OF THE <br /> CITY OF REDWOOD CITY <br /> By: <br /> 411 <br /> Name: ?D i(1 � . V-/+ t <br /> Its: fe c 0 41411t-le <br /> Exew ive,1)1(ex40 4 V- <br /> pi-oJeto <br /> 2 <br />