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Exhibit to <br />Ordinance No. 1962 <br />Section 10.03. Default by City or Developer. In the event City or Developer defaults <br />under the terms of this Agreement, City or Developer shall have all rights and <br />remedies provided herein or under law. <br />Section 10.04. Enforced Delay; Extension of Time of Performance. In addition to <br />specific provisions of this Agreement, neither party shall be deemed to be in <br />default where delays in performance or failures to perform are due to, and a <br />necessary outcome of, war, insurrection, strikes or other labor disturbances, <br />walk-outs, riots, floods, earthquakes, fires, casualties, acts of God, restrictions <br />imposed or mandated by other governmental entities (including new or <br />supplemental environmental regulations), enactment of conflicting state or <br />federal laws or regulations, judicial decisions, or similar basis for excused <br />performance which is not within the reasonable control of the party to be <br />excused. Litigation attacking the validity of this Agreement or any of the Project <br />Approvals or Subsequent Approvals, or any permit, ordinance, entitlement or <br />other action of a governmental agency other than City necessary for the <br />development of the Project pursuant to this Agreement, or Developer's inability <br />to obtain materials, power or public facilities (such as water or sewer service) to <br />the Project, shall be deemed to create an excusable delay as to Developer. Upon <br />the request of either party hereto, an extension of time for the performance of any <br />obligation whose performance has been so prevented or delayed will be <br />memorialized in writing. The term of any such extension shall be equal to the <br />period of the excusable delay, or longer, as may be mutually agreed upon. <br />Section 10.05. Legal Action. Either party may, in addition to any other rights or <br />remedies, institute legal action to cure, correct, or remedy any default, enforce <br />any covenant or agreement herein, enjoin any threatened or attempted violation <br />thereof, recover damages for any default, enforce by specific performance the <br />obligations and rights of the parties hereto, or to obtain any remedies consistent <br />with the purpose of this Agreement. <br />Section 10.06. California Law. This Agreement shall be construed and enforced in <br />accordance with the laws of the State of California. <br />Section 10.07. Resolution of Disputes. With regard to any dispute involving <br />development of the Project, the resolution of which is not provided for by this <br />Agreement or Applicable Law, Developer shall, at City's request, meet with <br />City. The parties to any such meetings shall attempt in good faith to resolve any <br />such disputes. Nothing in this Section 10.08 shall in any way be interpreted as <br />requiring that Developer and City and/or City's designee reach agreement with <br />regard to those matters being addressed, nor shall the outcome of these meetings <br />be binding in any way on City or Developer unless expressly agreed to by the <br />parties to such meetings. <br />Section 10.08. Attorneys' Fees. In any legal action or other proceeding brought by <br />either party to enforce or interpret a provision of this Agreement, the prevailing <br />54393~84008v3 <br />