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fixtures, and facilities located within and through those portions of the Project that are defined or <br />specified for common benefit of the Owners in this Declaration; <br />Agreement <br />NOW, THEREFORE, Declarant, in consideration of the premises, to facilitate the <br />development of the Project as a certified technology park, and, upon the covenants, conditions, terms, <br />and provisions set forth in this Declaration: (a) declares, creates, makes, and reserves in this Declaration <br />certain easements and covenants that shall bind, and shall inure to the benefit of, the Parties in Interest; <br />and (b) reserves certain rights in this Declaration (including, without limitation, the right subsequently to <br />limit such easements and /or modify such covenants), which easements, covenants, and reserved rights <br />are as follows: <br />ARTICLE I <br />Easements <br />Section 1. Access Easements. Declarant hereby declares, creates, makes, and reserves <br />the following access easements (the "Access Easements "): (a) temporary construction easements in <br />favor of Declarant, for the purpose of constructing and installing the Common Access Ways and /or the <br />Traffic Control System (as such terms are hereafter defined), (b) perpetual and nonexclusive mutual <br />easements appurtenant to the Parcels for the benefit of the Parcels, Declarant, the Owners and all <br />other Parties in Interest; and (c) easements in gross in favor of Declarant; each of which easements <br />shall be in, on, under, over, above, across, and through the entirety of the Real Estate. The Access <br />Easements and all rights in and to the Access Easements are declared, created, made, and reserved for <br />the purposes of: (i) providing access, ingress, and egress by vehicular and pedestrian traffic to (and <br />from) the Real Estate and each Improved Parcel from (and to) roadways and public streets (the <br />"Common Access Ways "), which Common Access Ways shall be constructed within the Access <br />Easements; (ii) providing a system for directing and controlling the flow, progress, and pattern of the <br />vehicular and pedestrian traffic over and across the Common Access Ways (the "Traffic Control <br />System "); and (iii) further developing the Project and the Adjacent Real Estate. The Traffic Control <br />System shall include all equipment, fixtures, and facilities used in connection with directing and <br />controlling the flow, progress, and pattern of the vehicular and pedestrian traffic, such as street lights, <br />stop signs, and traffic direction and information signs. All of the Access Easements shall be subject to <br />subsequent limitation as provided in Sections 7 and 8 of this Article I, and to the covenants in Article II, <br />Sections 1 through 3, regarding construction, and use and contributions for certain expenses (the <br />"Owner Covenants "). <br />Section 2. Utility and Irrigation Easements. Declarant hereby declares, creates, makes <br />and reserves the following utility and irrigation easements (the "Utility and Irrigation Easements "): (a) <br />temporary construction easements in favor of Declarant for the purpose of constructing and installing <br />the Utility Systems and /or the Irrigation System (as such terms are hereafter defined); (b) perpetual <br />and nonexclusive mutual easements appurtenant to the Parcels for the benefit of the Parcels, Declarant, <br />the Owners and all other Parties in Interest; and (c) easements in gross in favor of Declarant; each of <br />which easements shall be in, on, under, over, above, across, and through the entirety of the Real Estate. <br />The Utility and Irrigation Easements, and all rights in and to the Utility and Irrigation Easements, are <br />declared, created, made, and reserved for the purposes of: (i) providing systems for general water <br />-2- <br />