EXCLUSIVE NEGOTIATING AGREEMENTExclusive Negotiating Agreement • May 5th, 2022 • California
Maryland corporation (“AvalonBay”) and ABODE COMMUNITIES, a California non-profit corporation (“Abode”), as co-developers (AvalonBay and Abode, collectively “Developer”), with respect to certain land referred to herein as the “Development Parcels” (as defined below). The City and Developer, each sometimes referred to herein as a “Party” and collectively as the “Parties,” hereby agree as follows: