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DocuSign Envelope ID: 3C609D6F-9524-478F-BEC8-6E448DC82F16 <br />THIRD AMENDMENT TO MULTI -TENANT OFFICE LEASE — GROSS <br />This Third Amendment ("Third Amendment") to the Multi -Tenant Office Lease -Gross <br />("Lease"), dated February 8, 2015, is made and entered into this 30th day of November 2023 by <br />and between the City of Redlands, a municipal corporation and a general law city ("City"), and <br />Citrus Heights Inc., a California corporation ("Lessee"). City and Lessee are sometimes herein <br />referred to individually as a "Party" and collectively as the "Parties." <br />RECITALS <br />WHEREAS, on February 8, 2015, Lessee entered into a Multi -Tenant Office Lease -Gross <br />with Redlands Community Investment Corporation, a California Corporation for the lease of <br />approximately 583 useable square feet of space at 300 East State Street, Suite 525, Redlands, <br />California; and <br />WHEREAS, Lessee and Redlands Community Investment Corporation amended that <br />certain Lease Agreement with the First Amendment dated January 1, 2016, for the lease of <br />approximately 488.75 square feet of space at 300 East State Street, Suite 480, Redlands, California; <br />and <br />WHEREAS, on September 21, 2021, City of Redlands and Redlands Community <br />Investment Corporation entered into an Assignment and Assumption Agreement, wherein, <br />Redlands Community Investment Corporation assigned and transferred to City of Redlands all <br />right title and interest in, to and under the leases for 300 East State Street; and <br />WHEREAS, City and Citrus Heights, Inc., amended that certain Lease Agreement with the <br />Second Amendment dated December 15, 2022 for the lease of approximately 150 square feet of <br />space at 300 East State Street, Suite 208; and <br />WHEREAS, it is the desire of the City and Lessee to amend the existing Lease, specifically <br />with regard to the Lease Term and Base Rent; <br />NOW, THEREFORE, for good and valuable consideration in the receipt of which is hereby <br />acknowledge City and Lessee agree as follows: <br />AGREEMENT <br />Section 1. Paragraph 1.3 of the Lease, entitled "Term" is hereby deleted and replaced with <br />the following: <br />"1.3 Term. Three (3) months commencing on January 1, 2024 ("Commencement Date") <br />and ending on March 31, 2024 ("Extension Term"). <br />1.3a Termination of Extension Term. Lessee may terminate this Lease, without penalty, <br />by providing City thirty (30) days prior written notice specifying the date for termination of this <br />Agreement." <br />1 <br />C:\ProgramData\activePDF\Temp\DocConverter\API\Input\$f3367ef96943$31A457CF68224C5D931FE12B429BAAAD.docx <br />