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A - 2 <br /> <br />2. Developer’s Commitments. As a material inducement for the Commission’s <br />execution of the Release of Easement, Developer hereby agrees to include in its Plans and <br />Specifications for the Project a commitment to dedicate of all necessary rights-of-way on the <br />Project Site to enable the development of a public street and public utilities to serve the site and <br />connect to the neighboring properties, including the Commission’s Property. The Developer <br />understands that failure to include such details in its Plans and Specifications for the Project will <br />result in the Commission’s rejection of the Plans and Specifications through the process specified <br />in the Development Agreement. <br /> <br />3. Release of Easement. As a material inducement for the Developer’s Commitments <br />herein, the Commission hereby approves of the Release of Easement substantially in the form <br />attached hereto and authorizes the President of the Commission and Secretary of the Commission <br />to execute and attest, respectively, said Release of Easement in the form attached hereto, with such <br />changes as the President and Secretary shall approve, such approval to be evidenced by the <br />execution and attestation thereof. <br /> <br />4. Prior Agreement to Suspend and Release Easement. Upon execution of the Release <br />of Easement, the Parties agree that the certain Agreement to Suspend and Release Easement <br />executed by the Commission on March 13, 2025 shall become null and void. <br /> <br />5. Signatures. This Agreement may be executed in counterparts, each of which shall <br />be deemed an original, but all of which together shall constitute one and the same instrument. The <br />Parties hereto may execute and deliver this Assignment by forwarding facsimile, e-mail, or other <br />means of copies of this Agreement showing execution by the Party sending the same, and the <br />Parties agree and intend that such signature shall have the same effect as an original signature and <br />that the Parties shall be bound by such means of execution and delivery. <br />[Signature Page Follows]