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2 <br /> AGREEMENT: <br /> <br />Section 1. Revised Definitions. The following terms, each of which is defined in the Existing Site Lease, are hereby revised as follows: <br /> (a) The term “Bonds” shall mean, collectively, the 2016 Bonds and the 2018 Bonds, as such terms are defined in this First Amendment. <br /> (b) The term “Indenture” shall mean the Existing Indenture, as supplemented and amended by the First Supplement to Indenture, dated as of December 1, 2018, between the <br />Authority and the Trustee, and as it may be further amended and supplemented. <br />(c) The term “Lease” shall mean the Existing Lease Agreement, as supplemented <br />and amended by the First Amendment to Lease Agreement, dated as of December 1, 2018, and recorded currently herewith, between the Authority, as lessor, and the City, as lessee, and as it <br />may be further supplemented and amended. <br /> (d) The term “Site Lease” shall mean the Existing Site Lease, as supplemented and <br />amended by this First Amendment, and as it may be further amended and supplemented. (e) The term “Site Lease Payment” shall mean the payment made on December 1, <br />2016 by the Authority to the City in the amount of $16,040,700.03, together with the payment to be made by the Authority to the City on the date of the issuance of the 2018 Bonds in the amount of $___________. <br /> Section 2. Other Amendments to Existing Site Lease. <br />(a) Section 2 of the Existing Site Lease is amended to change the reference therein from November 1, 2039 to November 1, 20__. <br /> <br />(b) Section 3 of the Existing Site Lease is amended to add to the end thereof: “A portion of the Site Lease Payment will also be used for the purpose of acquiring and/or <br />constructing capital improvement projects of the City.” <br /> Section 3. Authority. This First Amendment is being executed pursuant to and in <br />accordance with Section 16(b) of the Site Lease. Section 4. Effectiveness. Other than as amended hereby, the Existing Site Lease shall <br />remain in full force and effect. This First Amendment shall become effective upon (i) the recordation hereof against the real property described in Appendix A hereto in the Official Records of the Alameda County Recorder and (ii) the issuance of the 2018 Bonds. <br />