Agreement_Between_City_of_SL_&_Reclaim_Lost_Assets_Public_Libary

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ATTORNEY WORK PRODUCT PRIVILEGED & CONFIDENTIAL Proprietary Information & Exclusivity Agreement between City of San Leandro and Last revised 01/12/2026 Reclaim Lost Assets, LLC for approximately $2.2 M in the form of an uncashed check Page 3 of 12 The City shall not disclose any such information to any person or entity, except to the limited extent necessary for the following circumstances: a. City’s approval of this Agreement (“EA”); and b. City Council’s approval of the subsequent SA (Exhibit B) and LPOA (Exhibit C) once the Parties fully execute the EA; and c. Audits & Compliance with the California Public Records Act (“CPRA”). As a government municipality, the City is subject to the CPRA (Gov. Code, § 6250 et seq.) Therefore, the City needs to cooperate with audits from representatives of the State of California or the United States Government (including, without limitation, the California State Auditor and the State Controller’s Office). The City will inform RLA of any such audits or CPRA requests. If the City withholds the proprietary information at RLA’s request, RLA will indemnify and defend the City pursuant to Exhibit A in any lawsuit under the CPRA that arises from such withholding of proprietary information. The City agrees that its approval of this Agreement constitutes advance authorization for RLA to have the exclusive right to contract and perform with the City regarding the recovery of these Assets and enforce the services outlined in the SA and LPOA on behalf of the City. Concurrently with the SA, the City shall execute the LPOA authorizing RLA to pursue, recover, and obtain the Assets on the City ’s behalf. RLA understands and accepts that the SA and LPOA require City Council approval in order to proceed. In the event, that the City Council does not approve the SA and LPOA, the City forfeits the right to pursue asset recovery with the proprietary information provided in Schedule A pursuant to Sections 3 and 4 of this Agreement. The City shall maintain the proprietary information confidential for the Term of this Agreement; however, the City does not owe RLA the ten percent (10%) fee or any compensation if the City Council does not approve the SA and/or LPOA. 5. Compensation if City Uses RLA Information If the City, directly or indirectly, recovers any portion of the Assets described in Schedule A, whether or not RLA performs the recovery work, then: a. RLA shall be entitled to ten percent (10%) of the gross amount recovered; and b. The City shall treat such ten percent (10%) amount as trust property held for the benefit of RLA and shall remit such amount to RLA as provided in Section 7; and c. This obligation applies regardless of whether the City uses RLA ’s materials, reports, disclosures, or information to effect recovery of the Assets. 6. Contractual Lien For the Assets covered by this Agreement, the City grants RLA a contractual lien on ten percent (10%) of the total confirmed value of the Assets, which lien: a. attaches immediately to the City’s right to receive payment of the total confirmed gross value of the Assets, and then to the Assets upon receipt by the City; and Docusign Envelope ID: 65A9B401-774B-4957-AE8F-558B39C8D761