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DE MIRANDA MANAGEMENT PROPERTY MANAGEMENT AGREEMENT Westficld House 1800 Westfield Way La Habra, California 90631 “The oer af he aferementiond rope ae parteully sec in Seton Q alow, heifer designate a te “Quer end De Miranda Managemen, erie: designated sthe“Agan” are as flows: A. EMPLOYMENT OFTHE AGENT ‘The Owner hes ernplye and sppaas the Agent os the Sle and exclusive leasing and managenent agent ofthe aforenenioned propery, hae eered 02 the Proper”, and any personal propery thereon belonging the ‘Owner upon he ers hereinafter set oh, commencing on he dest fori above be signs of pais, B. _JOBDESCRIPTION AND MANAGEMENT'STANDARDS “The Apent hl ata the Over’ exclusive the Agent, and ay perfor cer inthe Agata the Ones mae to manage, operat, ee, sd et the Proper, inelaing negotiating for, nein ro, ang, onewing, waning, andlor aretng lens forthe Property oan prt hare © GRNFRAL AUTHORITY “The Aent sil be authorized to ak for, demand, collet and osive al rents du ort Become du er ears ‘cups of he Pope nd give receipts therefor, exert a serve noes to ul or pay rs, aie termining teey, an proscite sich ations or athe proceedings, ether inthe Agents ote Owner, a maybe dese ‘advisable bythe Agent, to eit tenn recaver ren charges, oF fer sms payable tothe Oe. D. — GOVERNMENTREGULATIONS “The Agent shall mange the Proper’ n compliance with ll applicable ans ead regulations of any legal eutharty ‘avg jurson over the Propet INSURANCE ‘The Owner wrest obtsin and funis othe Agot copies ofall insurance lcs pring othe Property no fave te Agen named by endosoment as an addonal insured under the above described insurance pois Inmeditly fr he tet dato is Agree FpoNpING “The resent sa wil be bonds under te Agen bly insurance pai G. MAINTENANCE, REPAIRS AND OPERATIONS ‘The Agon ball use she Age's est forts to insure that he Property nlnsned in an tractive condition nd in good tae of epi. In hi regard, the Age shal uct be kills and ofa to serve the tears af he Property Sin all purchase necestry suppl, make contracts for, or eerie farnsh elec, gus, fel, water, ese spor, pest conrl and any ater ites or seviesrequle fr the operation af the Property. The Agent sal ke or eau 10 be rade and supervise necessary reps and aeration Expedite for reas, alterations, ‘scons, or famishings in exes $250 00 sal io he made without the consent fe Orr except in he case ‘of emergency; or the Ages, im Eo0d fh, determines tat mach expends av nosy fo protec the POPE from dango prevent ni Yo persons o [ass or maa services tenants STATEMENTS “The Agen sal ener ote Owner nom stemens, showing al recipe ad dsburemnts forte pevous mosh, and eal remit othe ner tenet amount owing, or ake such sstribtons thee the One hall ec, ess Page oft compensation dus the Agen, nthe event the isbureats shal be in exces af he ets cole bythe Age the ‘unr beeay egress o pay’ such ences promply upon demand af the Aget A books of accounts mane wih ‘spect 0 fe manggement of te Property sll tall euroable tines be open to the Owner inspection. Each "teen tl stan! approved in ely ules execs im wing Sent othe Agant by egered United Slates ‘al rata est eqs, are made thereto pr the rendaring of he next succeeding montis ssn. 1 DEPOSIT or couLECTIONS {All movies collected under this Agreement shal be deposited ina bak stcount seat om he finds ofthe Age, nds no tines any ofthe und fed ba acount be interna wih che funds ofthe Aget. Howeves, the ‘Agee wil abe el ible never of basket xl oF depository, The Agen sal hve te aor drew “nthis account far ary payments whic mist keto charge ay Labitese bliss incited pron this ‘Aesemen, end forth payment of the Agents fe, al of sich pres shall be subject 0 che Litaions ofthis Agent, 2 ExPEN ‘Act aque ofthe Owner, the Age see o pay rm monies it hls er the Ormer, any monks fr intrest or ‘mvoration f eneumiranes, assent aes, and asigunens of premiums on insirance which he Ove hereby ‘ics te Agent to py, n adlton, he Agen shal no be required edance any monies forthe care or manages ofthe Proper and the Ove reso advance all onis neces. kK 8 acti ‘The Agent hl se is best ors to ole proms all ets nd ber income sung from the Property when such nouns become du Ii uersood thatthe Agent docs at aura the callin of rents, The Agen ey, at fies collet fo the tents «service fe fr rete checks and Ite ent pyrent Such fess shal became the Drapery ofthe Over. The Agent shal the name af he Oster. execute an serve such notices nd demands on letguent tenants a the Agent may deem necesary or pope. The Again the name of tie Owner, sail sti, sete compromise ay lg aon and make wea uch meth tel proces apis a delinquent ean ras ‘may be necsuay 1 enor the cation of rent or thr sure duo om he tear o enforce any ovens or ‘Contons er any lense or monsoon etal agree, and to recover poesion of ay part ofthe Propet. No ‘ter fm of lea! ation wl be inated sto setlement, compromise, eraser of any mas Involved ‘hin shal be made without the rior corse’ fhe Owner, exept when the Agen eemnines ht mmesie ations tees. Lo upgaL eens: Inte event of tiation between the Over and the Agen the pevling pty thein wl be ened renburserent ofits storey fens and casts of su las died bythe cou. M. COMPENSATION TO THE AGENT: LEASING ‘The Owner ares op the Agata one lesng ee nthe amount of oe a (30%) of the ered yon monthly ‘eral oust. This easing fee wil bed ané payable upon colton of the Fst mosh’ rei anoan from the {em This comperston maybe dtaced by the Aagnt or pos revere recave, Is understood tha he Agent lows nt gerne te lensing ofthe Property. x AGENT: M ‘The Onmer ages o pay the Agen management fe ote amount of Me percent (3%) ofthe gross moth fem ‘which wil bed and payable on Heft (1) dy of each meh The compensation my be dected by the Agent From gross revenue wezived ©, TERMOFAGREEMENT “This Agee shal be fre term commencing on the dest fr below above te signatures ofthe pats and wll terminate ge (1) year here. A te expaon of such tem, his Agreement, if no epeved in wring fr a {lal fed peti! and ino termined i wing by eter party, shall be dase 2 mont-o-month apes ‘ins by eter purty on not ae than thie (30) days wie notice sent by eri or eegisered mart Teeip requested. fie ay be given st anime daring the calendar meth. provided thy in any event, the ‘aeeltion sil be effetve othe is day ofthe ealeadar mon ding wich the thirty (30) ay noe peso as P. Ran Page 204 “The Owner andthe Agsnt agree that ay and all hms coved by thie Agrsment shal be resolved soley att ‘exchively trough arbiration. The Owe andthe Agent ase shat ner wil initite or purse any avait or imine wetcn tht in any way reed fo any eakn cover by this Agere, wih the exception thot He oltion of ones da the Agent or the Ove ring out ofthe dsr of heome o paymant oF expenses by ‘ie the Apet or tne Owner may be pars oh te cours by cer arty, The Owner and the Agent aoe that ‘her pany may compel airaon punt bis Agreement and may eofrce any award mide pars to this ‘Agerent 0 Ariss nan cout of compete arto, Newitstanding he foregoing ting herein precludes either party om coneencing ad prosecuting am aon in ‘Clin Sal Chins Coe Prearbiation procedures, writen notices af cai, wiraorquleaions, and arbivaton procedures tal ben accordance with the ten cet model arian proceso te American Abisation Associaton ("AAA") “The pati sll share equally any and all cs and expenses ofthe Airtor. Inthe chet party reals on 2 stauory cain or which atomey’ fee maybe awarded to the prealing pv, the Arita has autor to ava easoabl atomeys fees and oust he peeling pry. ‘Any ereunde shal no be consered a deft unless tee ifr to peroem ina reasonable tine period Following eit of writen nie othe falar 0 pero owner ENCY FOR WELLS FARGO BA ‘re fron A. Owns Let Nae (het 8, Chents Ran Adis ca ©. Busty Type; Coporoo Gene Paenhip Linke Panipat (ees 09 Lined Listy Coogan 0 Lined Lh Paetip {D Profesional Limited Listy Parnership. Cl Non rot Associaton {D Business Trot O Unincorporated Assorialon Profesional Associaton ‘Bother: Sle inal 1D Cllenis ganized unde the laws of check one): o Near Chen's Taxpayer Idenseaton Number: the undersigned, as the authorized agent of the Clem, cai to Wells Fargo Bank, National Assocation (Bk), tt infomation provided above is ue and corect and thot the governing body ofthe Cen has, By resolaon, agreement ef ater appropiate rcas,appined De Miranda Management (he "Agen? as its agen an tht the Agent shri to ke te agement erin contained “Toe Clon auihorzes the Agent 1) open cause to be opened ane or more accounts wih th Bank inthe mane ofthe Clint or inthe ne of the Agu as aget for the Client andor (i) etblih the Agent's chive igre euthory on accounts th the Dank ody exiting i the mane ofthe Client al on sich terns and conditions, ni subject to such aaremons, 2 he Bank may now o here require such accu) bing erie coletvly refered o ashe "Accoums") and to make and exeat, on behalf the Cle, ty ater egrerentsdeomed advisable in repr othe foeping, incuding aroeients fr use of easy management and oer finds anor sevies nein tothe Accouns “The Clint certes thatthe Agent is sutorlzed fo provide the Bank with evidence of the Clitn's “Tospayerldenifcation Numba, including bt nt lnited 1, te Clients IRS Form W:9. Page 304 “Te Clon cnifes thatthe Agent i suid to supply any necessary endorsement of the Clie! and that chuck, dats eter orders for the payment, wafer ot witha ofthe fends or ter propery ofthe Cen on depos in the Accounts se bing om the Clie when signed by the Agent, inte pura © seeuy procedures agreed upon Between the Agent and the Bon, ordeposte tothe Accounts, ad he Bank heresy othorzed to py and charge fo ie Account any such checks, as or oe orders So sige iat, tr oberwise aura, Including hese payable co the individual order ofthe person or persons signing or foerwitesatorzng the same. Ia paticl and notin into oF he foregoing he AGEN sy ashore Payment, ranfer or wthawel by mil telephonic or eleetone dretons othe Bank eompying wit such Fulks and oguations relating to such suahrtanton asthe Bank may’ communicate to the Agent fom tine: “The Clint agrees thatthe Bank, in cesling wih the Age need! not request But sal be eed to cept and rely ona representations bythe Agent ht the pupse of exeresng the autor hereby gared is within the scope ofthe purposes oF te auone, andthe Bank stall ot be obligated 0 make any inguiries in ‘order fo erify or confirm ty ssh represeraton orto sie tht any and rater properties of he Cnt ae in fet applied used fray purposes so represered or fr any the: proper purpose the Bansal in no “vent be response or hes liable for my misapplication or mize a any Tuts or oxber property oF he Chet seed, enumbered or disposed of pursuant any author heen granted ‘The Clem aie, proves and conf any and all ansactons wth the Bank done bythe Agent of ‘otherwise done on beni of te Cant, prior to the execution ofthis Cerise ‘The tenns and provisions ofthis Cereal, and the autor herein granted, shal be and shall continue tobe binding upon the Client and ts scersrs end sens tithe Bank sll ave received wien ‘ote the eontrary signe bya uly authorized fie othe Client. ‘The Clint acknowledges tat the rights ad utorty Herein gamed are in adion to and tin limkaion ofthe ris, aubriy or powers eheriseavalable fo any use oF anyother person by aw ot agreement ‘The Client understands tht 10 help the goverment Aight he finding of trism and money loundering ative, U.S. federal law requires rani instiains sich s Bank fo obs verify, an record ‘nfermation tht identifies each pero (lviual or buses) who opens an acount at such instation. THe (Cit rte understands that tis means that when an acount opened forthe Clin, oF any adtonl service obtained or the Client, Bank wil eqs the Chan's rae, adres, axpayeridenteation number ‘and other ofomasion tt wil alow Bank to ety he Cle, and Bak may also seek atonal denying, ocamens. he Clee scone by o aid with ny "Senor Foreign Pola igure eotlld by oF fined wth any mediate family member or close pesonalofesonal associate of a Senior Foreign Polat Flere, the such Senor Forelan Pola! Figure, aly rere, or aocise i hereby dei on the flowing NA ifthe linea the end of the preceding Setence i ft blank, the Client hey eatiies dt tho Cet nora tsnesseorrlled ty orafilioee with eter 2 Senior Foreign Poltial Figure or an inmente family member or else prsonalprofssical associate ofa Senior Foreign Poi! Figure IN WITNESS WHEREOF: “Te patios hero have ated or nod tobe aed ter spt sinatra on the Dates fern below, Dae: (er Chin: De Mireade Management by —— “Tite: Seior Vie President Page 4

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