GROUND LEASE - RIDGE VIEW COMMONS II

F,x}hihit R FORM OF MEMORANDUM OF LEASE RECORDING REQUESTED BY AND WHEN RECORDED MAIL TO: City of Pleasanton P.O. Box 520 123 Main Street Pleasanton, CA 94566 Attention: City Manager EXEMPT FROM RECORDING FEES PER GOVERNMENT CODE §§6103, 27383 Space above this line for Recorder's use. MEMORANDUM OF GROUND LEASE (Ridge View Commons) THIS MEMORANDUM OF GROUND LEASE (the "Memorandum") is dated as of June 1, 2024, and is executed by and between the City of Pleasanton, a California municipal corporation (the "Lessor") and Ridge View Commons II Associates, L.P., a California limited partnership (the "Lessee"), with respect to that certain Ground Lease dated as of June 1, 2024 (the "Lease"), between the Lessor and the Lessee. All capitalized terms used in this Memorandum and not defined shall have the meaning set forth in the Lease. 1. Documentary Transfer Tax is not shown pursuant to Revenue and Taxation Code Section 11932. See that certain Statement of Documentary Transfer Tax Due, which shall be affixed to this Memorandum in the Official Records of Alameda County ("Official Records") after record of this Memorandum is made and before the original is returned as specified in Government Code Section 27321. 2. Pursuant to the Lease, Lessor leases to Lessee and Lessee leases from Lessor that certain real property, more particularly described in Exhibit A, attached hereto and incorporated herein (the "Property"). The Commencement Date of the Lease shall be the date that this Memorandum is recorded in the Official Records, and the Lease shall remain in effect for the eighty-five (85) year period ending on the day preceding the eighty-fifth (85th) anniversary of the Commencement Date, unless sooner terminated pursuant to the terms and conditions of the Lease. 3. As more particularly set forth in the Lease, certain development, affordability, and occupancy restrictions apply to the use of the Property. 4879-3324-5885v2