CALIFORNIA, STATE OF - DEPARTMENT OF PARKS AND RECREATION (2)

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Without the written consent of the STATE, the GRANTEE's interest in and control of any portion of the GRANT SCOPE responsibilities under this Grant Contract shall not be assignable or transferable by the GRANTEE either in whole or in part. N. Use of Grant Funds GRANTEE shall not use any grant funds (including any portion thereof) for the purpose of making any leverage loan, pledge, promissory note or similar financial device or transaction, without: 1) the prior written approval of the STATE; and 2) any financial or legal interests created by any such leverage loan, pledge, promissory note or similar financial device or transaction in the project property shall be completely subordinated to this Grant Contract through a Subordination Agreement provided and approved by the STATE, signed by all parties involved in the transaction, and recorded in the County Records against the fee title of the project property. O. Section Headings The headings and captions of the various sections of this Grant Contract have been inserted only for the purpose of convenience and are not a part of this Grant Contract and shall not be deemed in any manner to modify, explain, or restrict any of the provisions of this Grant Contract. P. Waiver Any failure by a party to enforce its rights under this Grant Contract, in the event of a breach or default, shall not be construed as a waiver of said rights; and the waiver of any breach or default under this Grant Contract shall not be construed as a waiver of any subsequent breach. III. SPECIAL PROVISIONS On March 4, 2022, Governor Gavin Newsom issued Executive Order N-6-22 (the EO) regarding Economic Sanctions against Russia and Russian entities and individuals. "Economic Sanctions" refers to sanctions imposed by the U.S. government in response to Russia's actions in Ukraine, as well as any sanctions imposed under state law. The EO directs state agencies to terminate contracts with, and to refrain from entering any new contracts with, individuals or entities that are determined to be a target of Economic Sanctions. This Executive order extends to recipients of any State Grants (Grantee). Grantees include those who have contracted or will contract to receive State grants funds. Accordingly, should the State determine that a Grantee is a target of Economic Sanctions or is conducting prohibited transactions with sanctioned individuals or entities that shall be grounds for termination of this agreement. The STATE shall provide the GRANTEE advance written notice of such termination, allowing the GRANTEE at least 30 calendar days to provide a written response. Termination of any contract found to be in violation of this Executive Order shall be at the sole discretion of the STATE. STATE OF CALIFORNIA City of Santa Ana GRANTEE DEPARTMENT OF PARKS AND RECREATION By: See attached signature page By: Signature of Authorized Representative Title: Title: Date: Date: