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FIRST AMENDMENT TO REIMBURSEMENT AGREEMENT <br />THIS FIRST AMENDMENT TO REIMEURSEMENT AGREEMENT is made and <br />entered into this 4&1 day of January, 2018, by and between CARIBOU INDUSTRIES, <br />INC., a Nevada corporation (`Developer"), and the CITY OF SANTA ANA, a charter city and <br />municipal corporation, organized and existing under the Constitution and laws of the State of <br />California ("City"). <br />RECITALS <br />A. The City and Consultant entered into Reimbursement Agreement No. A-2017- <br />058, dated April 27, 2017, to establish the terms and conditions upon which <br />Developer will reimburse City for bona fide, actual costs paid and/or costs accrued in <br />connection with and directly related to the Project and the negotiation and execution of <br />the DDA, if any, such as expenses for engineers, architects, financial consultants, <br />legal, planning and other consultants and contractors retained by the City ("said <br />Agreement"). <br />B. In accordance with the terms and conditions of said Agreement, the Parties desire <br />to amend Section 2 — Reimbursement of Costs, to increase the maximum amount <br />of said Agreement, and to clarify the Eligible Expenses, <br />NOW THEREFORE, in consideration of the mutual and respective promises, and subject to the <br />terms and conditions of said Agreement, except as herein modified, the parties agree as follows: <br />1. Section 2, Reimbursement of Costs, shall, be amended to read as follows: <br />"Developer agrees to reimburse the City for Eligible Expenses pre -approved by <br />Developer and City, up to a maximum of One Hundred -Thousand Dollars <br />($100,000.00), payable within thirty (30) days after receipt by Developer of <br />written documentation from City evidencing such Eligible Expenses. Eligible <br />Expenses shall specifically exclude any and all expenses due and payable by the <br />Developer to the Planning and Building Agency for the processing of <br />entitlements, including any expenses for CEQA studies and analysis." <br />Except as hereinabove modified, all terms and conditions of said Agreement shall <br />remain in full force and effect. <br />Exhibit 2 <br />21 23 <br />