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7.2 No Third Party Claims. Nothing contained in this Agreement shall create or justify any claim against the City by any third person whom Borrower may have employed or contracted or may employ or contract relative to the purchase of any material, supplies or equipment, or the furnishing or the performance of any work or services with respect to any programs or projects being undertaken by Borrower. 7.3 Conflict of Interest. Except for approved eligible administrative or personnel costs, no employee, agent, consultant, officer or official of the City or the Borrower who exercises or has exercised any function or responsibilities with respect to activities assisted by tax increment funds in whole or in part, or who is in a position to participate in a decision- making process or gain inside information with regard to such activities assisted under this Agreement, may obtain a personal or financial interest in or benefit from the activities assisted under this Agreement, or have an interest, direct or indirect, in any contract, subcontract or agreement with respect thereto, or in the proceeds thereunder either for himself/herself or for those with whom he/she has family or business ties, during his/her tenure and for one year thereafter. 7.4 Notices. Any notice, request or consent required pursuant to the Loan Documents shall be deemed delivered upon receipt when delivered personally or by facsimile transmission, provided that a transmission report is generated reflecting the accurate transmission thereof, or three (3) business days after being deposited in the U.S. mail, first class postage prepaid, return receipt requested, or one (1) day after deposit with a nationally recognized overnight carrier addressed as follows: City: City of San Leandro 835 East 14th Street San Leandro, CA Attn: City Manager Copy to: City Attorney Meyers, Nave, Riback, Silver & Wilson 555-12 th Street, Suite 1500 Oakland, CA 94607 Attn: Richard Pio Roda, City Attorney Borrower: BRIDGE Economic Development Corporation 600 California Street, Suite 900 San Francisco, CA 94108 Attn-, Vice President or to such other addresses as the parties may designate by notice as set forth above. 7.5 Successors and Assigns. All of the terms of the Loan Documents shall apply to and be binding upon, and inure to the benefit of, the successors and permitted assigns of the City and Borrower, respectively, and all persons claiming under or through them. 2743881.2 9