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III. SUCCESSORS IN INTEREST <br /> This Agreement shall run with the land and be binding upon and inure to the benefit <br /> of Developer and its heirs, assigns, and successors in interest that have an interest in the <br /> Subject Property, except for the purchasers of individual units within the Project. <br /> THIS AGREEMENT is entered into as of the day and year first above written. <br /> DEVELOPER: RING FINANCIAL,INC., <br /> a California corporation <br /> By: . <br /> CTI'Y: CITY OF PLEASANTON, <br /> a Municipal Corporation <br /> By: <br /> Nelson Fialho,City Manager <br /> ATTEST: <br /> Karen Diaz,City Clerk <br /> APPROVED AS TO FORM: <br /> Jonathan P. Lowell, City Attorney <br /> 2 <br />