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i I AGREEMENT IN LIEU OF CONDEMNATION I--- THIS -THIS AGREEMENT is made and entered into as of o 0/1'between Roseville Center Limited Partnership, a Minnesota limited partnership ("Seller") and the City of koseville, a Minnesota municipal corporation("Buyer"). In lieu of initiating or continuing eminent domain proceedings to acquire ownership of the Property described below, the Seller and Buyer have determined terms under which the Seller would voluntarily convey the Property to the Buyer. In consideration of this Agreement, Seller and Buyer agree as follows: 1, Definitions and Exhibits. 1.1 Definitions.For purposes of this Agreement,each of the following terms,when used herein with an initial capital letter,will have the meaning ascribed to it as follows: 1.1.1 Agreement,This Purchase Agreement. 1,1.2 Broker(s).The broker(s)described in Section 16. 1,1.3 Building(s),A building commonly known as Lexington Shoppes consisting of approximately 14,831 square feet of net rentable area located at 2719 Lexington Avenue North,Roseville,Minnesota. 1,1.4 Buyer's Closing Documents, Buyer's closing documents described in Section 5,2. 1.1.5 Charges.The charges defined in Section 6.6, 1,1.6 Closing. The closing and consummation of the purchase and sale of the Property as described in Section 5. 1.1.7 Closing Date.The date on which the Closing occurs as provided in Section 5. 1.1.8 Closing Documents., Buyer's Closing Documents and Seller's Closing Documents as defined in Section 5, 1,1.9 Contingency Date.The date which is March 30,2018. 1.1.10 Contract Date, The date upon which this Agreement is deemed effective, which is the date this Agreement has been executed by both Seller and Buyer,as set forth in the first paragraph on the top of page 1 of this Agreement. 1.1.11 Contracts. All of the service and management contracts, leasing and brokerage contracts, equipment and personal property leases, labor and material contracts, maintenance and repair contracts including elevator service contracts and HVAC service contracts,and other agreements(other than the Leases)that affect the Property or the operation, repair or maintenance thereof, a complete list of all Contracts is attached hereto as Exhibit G, 1,1.12 Earnest Money. The amount deposited by Buyer in escrow with Title Company as earnest money pursuant to the terms and conditions of Section 3, including the Initial Earnest Money and the Additional Earnest Money,together with any interest earned thereon. Page l of 38