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SUBDIVISION AGREEMENT TRACT NO. 8528 Page 1 of 7 SUBDIVISION AGREEMENT TRACT NO. 8528, PLEASANTON, ALAMEDA COUNTY, CALIFORNIA THIS SUBDIVISION AGREEMENT (the "Agreement") is made and entered at Pleasanton, California, this day of , 202_, by and between: 990SYCAMOREDEV CO. L.L.C. (the "Subdivider") and the CITY OF PLEASANTON, a municipal corporation, (the "City"). RECITALS WHEREAS, Subdivider has a tentative map for Tract Number 8528 and a Planned Unit Development (PUD-135), lying within the boundaries of the City; adopted by City Council on September 15, 2020; and WHEREAS, all or a portion of the area of the tentative map is presented as a "final map", a copy of said map is on file in the office of the City Engineer, and by reference is included in this Agreement for all purposes as if attached hereto; and WHEREAS, said tentative map and subdivision of land designates streets, easements and public ways for the City, and Subdivider proposes dedications to the City and the public as set forth in the final map; and WHEREAS, as a condition precedent to accepting this offer of dedication by Subdivider, City requires the improvements of the public ways, installation or extension of certain City services at Subdivider's expense and certain protection for the City on behalf of the public. NOW, THEREFORE, in consideration of the faithful performance of the promises, terms, conditions and covenants set forth herein by Subdivider and the approval of the map for recording by the City, the parties hereto agree as follows: 1. Time of Essence. Time is of the essence in the performance of this Agreement. The work and improvements required by this Agreement to be completed by Subdivider shall be completed within two (2) years from the above-mentioned date of this Agreement. The City may extend the time for completion of improvements hereunder, upon good cause being shown by the Subdivider. Any such extension may be granted without notice to the Subdivider's surety, any extension so granted shall not relieve the surety's liability on the bond to secure the faithful performance of this Agreement. 2. Work. Subdivider will do or cause to be done and performed the following described work of improvements pursuant to plans and project bond estimates entitled: a. Improvement Plans For Tract Map 8528, dated October 8, 2024, including any subsequent revisions to plans," as prepared by Alexander and Associates, Inc and approved by the City Engineer (12 sheets); and Page 180 of 350