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OPTION AND LAND LEASE AGREEMENT This Agreement made this day of 20 between City of Pleasanton, a municipal corporation, with its principal offices located at 200 E. Bernal Ave, Pleasanton, CA 94566, hereinafter designated LESSOR and GTE Mobilnet of California Limited Partnership d/b /a Verizon Wireless, with its principal offices located at One Verizon Way, Mail Stop 4AW100, Basking Ridge, New Jersey 07920 (telephone number 866 862- 4404), hereinafter designated LESSEE. The LESSOR and LESSEE are at times collectively referred to hereinafter as the "Parties" or individually as the "Party". LESSOR is the owner of that certain real property located at 6890 Koll Center Pkwy, Pleasanton, Alameda County, California, as shown on the Tax Map of the City of Pleasanton as Assessor Parcel Number 946 4557 -002 and being further described in that certain Deed recorded on January 3, 1983 as Document #83 -00157 in the Official Records of Alameda County (the entirety of LESSOR's property is referred to hereinafter as the "Property LESSEE desires to obtain an option to lease a portion of said Property, being described as a 40' by 25' parcel containing 1000 square feet (the "Land Space together with the non exclusive right (the "Rights of Way for ingress and egress, seven (7) days a week twenty -four (24) hours a day, on foot or motor vehicle, including trucks over or along a fifteen (15') foot wide right -of -way extending from the nearest public right -of -way, Koll Center Parkway, to the Land Space, and for the installation and maintenance of utility wires, poles, cables, conduits, and pipes over, under, or along one or more rights of way from the Land Space, said Land Space and Rights of Way (hereinafter collectively referred to as the "Premises being substantially as described herein in Exhibit "A" attached hereto and made a part hereof. NOW THEREFORE, in consideration of the sum of One Dollar ($1), to be paid by LESSEE to the LESSOR, the LESSOR hereby grants to LESSEE the right and option to lease said Premises, for the term and in accordance with the covenants and conditions set forth herein. The foregoing payment shall be made by LESSEE within forty five (45) days of execution of this Agreement or of receipt by LESSEE from LESSOR of the Rental Documentation, as defined in and in accordance with Paragraph 3 of the Agreement below, whichever occurs later. The providing by LESSOR of Rental Documentation to LESSEE shall be a prerequisite for the payment of the foregoing amount or any other option or rental payment, if applicable, by LESSEE, and notwithstanding anything to the contrary herein, LESSEE shall have no obligation to make any payment(s) until Rental Documentation has been supplied to LESSEE. The option may be exercised at any time on or prior to twelve (12) months after the date of this Agreement. If the option has not been so exercised, it shall be automatically extended for one additional period of twelve (12) months, unless LESSEE gives written notice to the LESSOR of the intent not to extend prior to the end of the initial option period. If the option is extended, LESSEE shall make an additional payment of Five Hundred Dollars ($500) to LESSOR within thirty (30) days of the option being extended, provided LESSOR has supplied to LESSEE the Rental Documentation, as defined in and in accordance with Paragraph 3 of the Agreement below. The time during which the option may be exercised may be further extended by mutual agreement in Meadowlark Park 10065412