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LAND LEASE AGREEMENT This Agreement, made this day of , 20 between City of Pleasanton, a municipal corporation, with its principal office located at 123 Main Street, Pleasanton, CA 94566, Tax ID #94-6000-397 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". 1. PREMISES. LESSOR hereby leases to LESSEE a portion of that certain parcel of property (the entirety of LESSOR's property is referred to hereinafter as the Property), located at 8251 Santos Ranch Road, City Pleasanton, County of Alameda, State of California, and being described as two parcels containing approximately 470 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 twelve(12') foot wide right-of-way extending from the nearest public right-of-way to each of the parcels constituting 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. The Property is also shown on the Tax Map of the County of Alameda as Assessor Parcel Number 941- 2100-002-06. In the event any public utility is unable to use the Rights of Way, the LESSOR hereby agrees to grant an additional right-of-way either to the LESSEE or to the public utility at no cost to the LESSEE. 2. SURVEY. LESSOR also hereby grants to LESSEE the right to survey the Property and the Premises, and said survey shall then become Exhibit "B" which shall be attached hereto and made a part hereof, and shall control in the event of boundary and access discrepancies between it and Exhibit"A". Cost for such work shall be borne by the LESSEE. 3. TERM: RENTAL. This Agreement shall be effective as of the date of execution by both Parties, provided, however, the initial term shall be for ten (10) years and shall commence on the Commencement Date (as hereinafter defined) at which time rental payments shall commence and be due at a total annual rental of One Dollar for the first six (6)years of the initial term, to be paid on the Commencement Date and each anniversary thereof thereafter, in advance, to LESSOR or to such other person, firm or place as LESSOR may, from time to time, designate in writing at least thirty (30) days in advance of any rental payment date by notice given in accordance with Paragraph 22 below. Commencing on the sixth anniversary of the Commencement Date, the annual rent shall increase to Twenty-one Thousand Six Hundred Dollars ($21,600.00) to be paid in equal monthly installments on the first day of the month. The Commencement Date shall be the first day of the month in which notice of the exercise of the option, as set forth above, is effective. However, LESSOR and LESSEE acknowledge and agree that initial rental payment(s) shall not actually be sent by LESSEE until thirty (30) days after the exercise of the option is effective. Meadowlark Park 118960'8.4 3