Time for Acceptance of Agreement by City. This Agreement, when executed by Consultant and delivered to City, must be authorized, executed and delivered by the City on or before forty-five (45) days after the execution and delivery by Consultant or this Agreement shall be void, except to the extent that Consultant and City shall consent in writing to a further extension of time for the authorization, execution and delivery of this Agreement.

Time for Acceptance of Agreement by City. This Agreement, when executed by Subrecipient and delivered to City, must be authorized, executed and delivered by the City on or before forty-five (45) days after the execution and delivery by Subrecipient or this Agreement shall be void, except to the extent that Subrecipient and City shall consent in writing to a further extension of time for the authorization, execution and delivery of this Agreement. (Remainder of page intentionally left bank; signatures on next page)

Time for Acceptance of Agreement by City. This Agreement, when executed by J Star and delivered to the City, must be authorized, executed and delivered by the City on or before sixty (60) days after signing and delivery of this Agreement by J Star or this Agreement shall be void, except to the extent that J Star shall consent in writing to a further extension of time for the authorization, execution and delivery of this Agreement.

Time for Acceptance of Agreement by City. This Agreement, when executed by Developer and delivered to City, must be authorized, executed and delivered by City within sixty (60) days after the date of signature by Developer, as shown below in Developer’s signature block. If City has not authorized, executed and delivered to Developer the execution version of this Agreement within such 60-day period, then Developer may terminate this Agreement upon delivery of written notice to City. In any event, Developer’s termination right under the immediately preceding sentence shall not apply after City has authorized, executed and delivered to Developer the execution version of this Agreement without City having first received a written notice of termination from Developer. ATTACHMENT 1 to DEVELOPMENT & DISPOSITION AGREEMENT Real property in the City of San Diego, County of San Diego, State of California, described as follows: XXXX X, X, X, X, X, X, X, X, X, X AND L IN BLOCK 98 OF XXXXXX'X ADDITION, IN THE CITY OF SAN DIEGO, COUNTY OF SAN DIEGO, STATE OF CALIFORNIA, ACCORDING TO MAP THEREOF MADE BY L. L. XXXXXXXX, ON FILE IN THE OFFICE OF THE COUNTY RECORDER OF SAN DIEGO COUNTY. TOGETHER WITH THOSE PORTIONS OF THE SOUTH HALF OF MARKET STREET (FORMERLY H STREET), THE EAST HALF OF 7TH AVENUE (FORMERLY 7TH STREET), THE NORTH HALF OF ISLAND AVENUE (FORMERLY I STREET), AND THE WEST HALF OF 8TH AVENUE (FORMERLY 8TH STREET), ADJOINING SAID LAND ON THE NORTH, WEST, SOUTH AND EAST, RESPECTIVELY. APN: 000-000-00 THRU 03; AND 05 THRU 11

Time for Acceptance of Agreement by City. This Agreement, when executed by the Developer and delivered to the City, must be authorized, executed and delivered by the City within thirty (30) days after the date of signature by the Developer or this Agreement shall be void, except to the extent that the Developer shall consent in writing to further extensions of time for the authorization, execution and delivery of this Agreement. The Effective Date of this Agreement shall be the date when this Agreement has been signed by the City. , 2014 Attest: By: Xxxxxx Xxxxxxxxxxxx, City Clerk Approved as to Form: By: _ Xxxxxx Xxxxxxxx, City Attorney -and- CITY OF REDWOOD CITY, a municipal corporation By: Xxxxxx X. Xxxx, City Manager , 2014 GREYSTAR GPII, LLC, a Delaware limited liability company By: Title:

Time for Acceptance of Agreement by City. This Agreement, when executed by Owner and delivered to the City, must be authorized, executed and delivered by the City within sixty (60) days after the date of signature by Owner, as shown below in Owner’s signature block. If the City has not authorized, executed and delivered to Owner the execution version of this Agreement within such 60-day period, then Owner may terminate this Agreement upon delivery of written notice to the City. In any event, Owner’s termination right under the immediately preceding sentence shall not apply after the City has authorized, executed and delivered to Owner the execution version of this Agreement without the City having first received a written notice of termination from Owner. The effective date of this Agreement (“Effective Date”) shall be the date on which this Agreement has been executed by the City, as shown below in the City’s signature block. [remainder of this page intentionally left blank] [signatures on following page]

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