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Exhibit C <br /> Mr. Scott.Mayer <br /> County of Orange <br /> December 15,2015, Page 3 <br /> (2) Reimbursement Pa went. SOCCCD has already incurred expenses <br /> for the Standing ROW Demo Costs,as more fully explained in below;therefore,upon <br /> Closing, County will be obligated to reimburse SOCCCD f6r one-half of the amount of the credit <br /> SOCCCD has earned to offset SOCCCD's obligation to reimburse City for other Shared Costs, <br /> Consequently, County shall pay to SOCCCD through the escrow at Closing (either by check or <br /> wire transfer) a payment in the arnount of Five Hundred Nineteen Thousand Three Hundred Six <br /> and No/10013ollars($51.9,306,00)(the"Reimbursement Payment")representing reimbursement <br /> for County's share of Shared Costs already incurred by SOCCCD for the Standing ROW Demo <br /> Costs, <br /> (b) Mutual_Assistance. The Parties will be bound to cooperate and assist one another <br /> and use commercially reasonable efforts to accomplish the following: <br /> (i) FOST 9, Persuading the Navy to issue FOOT 9 as soon as practicable. <br /> 00 Count KE3—c—harigeParcel. Persuading the Navy to add the County Exchange <br /> Parcel to that certain Lease in furtherance of Conveyance between the Navy and the City dated <br /> May 13, 2002 ("LIFOC") and persuading the City to add the County Exchange Parcel to that <br /> certain Sublease between SOCCCD and City dated April 29,2004. <br /> (C) Close of the Exchange. The Exchange Agreement,as amended by Amendment No, <br /> 5, will remain in effect and the Parties will be obligated to effectuate the close of the exchange of <br /> fee title to the SOCCCD Exchange Parcel and fee title to the County Exchange Parcel as <br /> contemplated in the Exchange Agreement. <br /> 3. Ground Lease. The Ground Lease will be on the standard form adopted by <br /> SOCCCD for ground leases at ATEP and conformed to this transaction. The 'form of Ground <br /> Lease will be included as an Exhibit to Amendment No. 5 and will be subject to County's prior <br /> approval. A portion of the SOCCCD Exchange Parcel is subject to the LIFOC and the Sublease. <br /> That portion of the SOCCCD Exchange Parcel will be sub-subleased by SOCCCD to County, The <br /> Ground Lease, including the sub-sublease, will have the following terms, <br /> (a) Esee Rent Period, For a period of five (5) years after the Closing, a de minimus <br /> ground rent of One and not]00 Dollar($1.00) per year will be payable by County to SOCCCD, <br /> (b) Rent PgyW,ents Due. Commencing on the first day of the sixth (61") year after the <br /> Closing, rental payments will be due and owing in monthly installments at a rental rate equal to. <br /> Two Hundred Thousand and no/100 Dollars ($200,000,00)per annum, increased each year on the <br /> anniversary date of the first rental payment by five percent(5%)of the rental amount then payable. <br /> Upon the close of the Exchange, County will become both lessor and lessee under the Ground <br /> Lease, and the Ground Lease will terminate by operation of law. <br /> Page 3 of 11 <br /> 25C-28 <br />