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Developer's request for County consent to the proposed sale, assignment or transfer. The County shall, have thirty(30)days from the date of receipt of such request to approve or deny the requested sale, transfer or assignment based on the standards set forth in Section 1.6.4., above. Failure of the County to act within such thirty(30) day period shall be deemed an approval of the request; provided the Developer has included the statement to that effect as required herein in its notice to the County and has provided in a timely manner all other information required in connection with said request, including, but not limited to, an executed Assumption Agreement as required by Section 1.6.4.13. hereof. A denial by the County of the request based on late, inaccurate or insufficient information furnished by Developer shall not be deemed unreasonable; _ provided the County has notified the Developer in writing, within fifteen(15) days of receipt of the request from the Developer, that the information was late, inaccurate or insufficient. If a denial is based upon such grounds, Developer may cure such deficiency and reinstate its request _ by providing such information,thereby starting the thirty(30)day period anew. 1.7. Notices. With respect to both Permitted Assignments and sales, assignments or _ transfers not subject to the requirements of Section 1.6., the Developer shall give written notice to the County, in the manner specified in Section 10. hereof within ten(10) days after the close of escrow,of any such sale, assignment or transfer of any portion of the Property in which the Developer holds an interest and any assignment of this Agreement, specifying the name or names and mailing address of the purchaser, assignee or transferee, the amount and location of the land sold, assigned or transferred, and the name and address of a single person or entity to whom any notice relating to this Agreement shall be given. With respect to the Permitted Assignment, Developer shall submit to County with such notice a fully executed and acknowledged Assumption Agreement(in substantially the form of Exhibit D hereto as approved by the County Counsel), with evidence of its recordation. Notices to Mortgagees shall be governed by the provisions of Section 1.6.5. hereof. 1.8. County Approval of Parcelization or Resubdivision. Developer contemplates filing preliminary parcelization or subdivisions of the Property as permitted by the Master Plan pursuant to a preliminary map (as referred to in the Master Plan) for purposes of creating logical parcels but not intended for immediate development.Nothing in Section 1.6. of this Agreement shall be deemed to constitute or require County consent to or approval of any parcelization or subdivision of the Property, or any portion thereof, it being recognized that any such actions must comply with applicable County laws and regulations and be consistent with the Existing Approvals and this Agreement. 1.9. Amendment of Agreement. 1.9.1. This Agreement may be amended from time to time by mutual consent of the County and Developer, with County costs payable by Developer or other amendment — applicants, provided that the procedure and findings required for consideration and approval by the County of an amendment to this Agreement, including an extension of the Term(other than as provided in Section 1.5.2. hereof) shall be the same as those specified in the Development Agreement Regulations for consideration and approval of this Agreement in the first instance, including compliance with CEQA. In addition, as provided by Government Code Section 65869.5, in the event that subsequent state or federal regulations prevent compliance with one or — W02-SF:FPD\61481145.2 -22- -