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one time, such rights and obligations to any third party or third parties, as more particularly described in that agreement. 14. The DDA was terminated as to the First American Acquisition Area pursuant to and subject to the terms of that certain. Termination Agreement by and between Agency and MacArthur LLC, dated April 7, 1998 and recorded on April 9, 1998 as Instrument No. 19980210008 in the office of the Orange County Recorder ("DDA Termination Agreement"). Pursuant to the DDA Termination Agreement, the DDA has no further force or effect as to the First American Acquisition Area. All references to the DDA in the Existing Documents shall, as applied to the First American Acquisition Area, be deemed deleted from the Existing Documents and the Existing Documents, as applied to the First American Acquisition Area, shall be read and interpreted without reference to the DDA. 15. On April 9, 1998, First American and MacArthur Place LLC closed escrow effecting the conveyance of the First American Acquisition Area to First American. Shortly thereafter, First American, as contemplated by the Project Implementation Agreement, closed an, escrow that conveyed the following two portions of the First American Acquisition Area to third parties: Lot 5 (hereinafter referred to as the "Third Party Conveyance Area") and a portion of Lot 7 (such portion hereinafter referred to as the "Third Party Conveyance Area [License Map]") (collectively, the "Third Party Conveyance Areas"). The foregoing two escrows are hereinafter referred to as the "Escrows."' The First American Acquisition Area and the Third Party Conveyance Areas are shown on the site map attached hereto as Exhibit B-2. 16. On August 17, 1998, City and First American entered into that certain Amendment No. 1 to Project Implementation Agreement. 17, On May 7, 1999, City and First American entered into that certain Amendment No. 2 to Project Implementation Agreement. 18. On June 21, 1999, by Ordinance No. NS-2390, the City approved and adopted Amendment No. 1 to SD Plan. No. 43. SD Plan No. 43 as amended is hereinafter referred to as "SD-43." 19. The First American Acquisition Area excluding the Third Party Conveyance Areas is referred to herein as the "First American Project Site." Since its acquisition of the First American Acquisition Area and concurrent conveyance of the Third Party Conveyance Areas as described in Recital A--15, First American has proceeded to develop a portion of the First American Project Site. As of the Effective Date of this Agreement, First American has constructed and occupied three (3) office buildings with a cumulative square footage of approximately 210,000 square feet. The portion of the First American Project Site where the three (3) existing buildings are located is referred to hereinafter as the "Existing First American Development Site." The portion of the 394/016555-0002/3124650.19 05/26/00 - 4 -