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III. SUCCESSORS IN INTEREST <br />This Agreement shall run with the land and be binding upon and inure to the <br />benefit of Developer and its heirs, assigns, and successors in interest that have an <br />interest in the Subject Property, except for the purchasers of individual units within <br />the Project. <br />THIS AGREEMENT is entered into as of the day and year first above written. <br />DEVELOPER: <br />Valley Capital Realty <br />Title: <br />CITY: 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 />Julie Harryman, Interim City Attorney <br />2 <br />