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EXHIBIT B <br />OPTION EXERCISE NOTICE <br />To: <br />Pursuant to the provisions of that certain Purchase Option Agreement (this "Agreement "), made <br />as of November [], 2015 (the "Effective Date "), at Santa Ana, California, by and between <br />City of Santa Ana, a public body, corporate and politic ( "Optionor "), and St. Joseph Health <br />System, a California nonprofit public benefit corporation ( "Optionee "), Optionee hereby <br />exercises the Option. Capitalized terms not defined in this Notice of Exercise shall have the <br />meanings ascribed to them in the Agreement. <br />Dated: 1201 <br />OPTIONEE: <br />ST. JOSEPH HEALTH SYSTEM, a California <br />nonprofit public benefit corporation <br />By: <br />Narne: <br />Its: <br />B -1 <br />51528687.8 25A-22 <br />