DEVELOPMENT AND SUBDIVISION. It is contemplated by Owner and Agent that the real property currently subject to this Agreement will be reconfigured and subdivided into the lots designated on the subdivision map included in Exhibit L hereto (the "Subdivision Map") and that the Subdivision Map will be THIS AGREEMENT FOR LEASE IS CONFIDENTIAL AND PROPRIETARY consented to and executed by Owner and other third parties and recorded in the real estate records of San Mateo County, California (such reconfiguration, subdivision and recordation being referred to in this Agreement as the "Recordation"). Agent agrees to effect the Recordation as promptly as practicable and in any event no later than June 15, 1997 and that the failure to do so shall constitute an Event of Unit Termination as described in Exhibit K hereto. It is also contemplated (i) that the parcel designated as "Parcel B" on the Subdivision Map may, at the request of Agent, be conveyed by quitclaim deed from Owner to Agent provided that, simultaneously therewith Agent shall, for no consideration, convey such parcel to Shorebreeze, (ii) that any land currently owned by Owner and designated as "Shoreline Drive" on the Subdivision Map will be conveyed to the City of Redwood City, California via dedication to the City on the Subdivision Map, and (iii) that subsequent easements and rights-of-way will be required, and at the request of Agent will be granted by Owner, for the Headquarters Unit, for the Unit Improvements to be located on each of Redwood Unit Premises Nos. 2, 3, and 4, and in connection with the Shores Business Center of which such real property is a part, provided that in each instance, no easement or right-of-way shall materially impair the intended use or value of any such Unit. In each instance, the request of Agent to Owner to execute such easement or right-of-way shall be deemed to be the representation of the Agent that the grant thereof will not materially impair the intended use or value of any such Unit. The net cash amount of any reimbursements received by Owner from the City of Redwood City pursuant to the Development Agreement dated as of November 7, 1996 between the Owner and the City of Redwood City shall be credited against amounts owed by Agent to Owner under this Agreement or the Lease or, in Owner's sole discretion, deducted from the Unit Acquisition Cost of the Redwood Unit Premises on a pro rata basis.
DEVELOPMENT AND SUBDIVISION. 56 Exhibit A The Lease Exhibit B Form of AFL Unit Leasing Record Exhibit C Form of Acquisition Certificate Exhibit D Form of Interim Advance Certificate Exhibit E Form of Certificate of Substantial Completion Exhibit F Form of Certificate of Increased Cost Exhibit G FF&E Specifications Exhibit H Environmental Affidavit Exhibit I Issues to be Addressed in Environmental Report Exhibit J Conditions for Acceptance by Owner of Joint Protection Title Insurance Policy Exhibit K Waiver Letter for Unit Premises at Twin Dolphin Drive and Redwood Shares Parkway, Redwood AMENDMENT NO. 1 Dated as of March 7, 1997 to LEASE AGREEMENT Dated as of February 14, 1995 between Flatirons Funding, Limited Partnership, as Lessor and Electronic Arts Redwood, Inc., as Lessee
