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ATTORNEY WORK PRODUCT
<br />PRIVILEGED & CONFIDENTIAL
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<br />Proprietary Information & Exclusivity Agreement between City of San Leandro and Last revised 01/12/2026
<br />Reclaim Lost Assets, LLC for approximately $2.2 M in the form of an uncashed check Page 5 of 12
<br />c. City’s Property. To the best of RLA’s knowledge, the Assets have not previously been reported,
<br />escheated, remitted or otherwise transferred to any state unclaimed-property office, governmental
<br />entity, or third-party claiming rights thereto. In the event that, subsequent to the execution of this
<br />Agreement, the SA, or the LPOA, the holder of the Assets transfers the Assets by any means to a
<br />California State unclaimed-property office or other government entity, the same shall not void this
<br />Agreement, the SA, or the LPOA, nor shall it alter the parties’ respective obligations. In the event of
<br />such transfer, the City shall not withhold its consent to amend the LPOA as may be required for
<br />RLA to pursue the Asset from the California State unclaimed-property office or other government
<br />entity. If the Assets are transferred to another state or federal unclaimed-property office or
<br />government entity, the terms, limitations, and obligations of this Agreement and SA still apply. RLA
<br />will only be entitled to the compensation set forth in this EA and SA, regardless of the
<br />compensation rates of other states for such services provided under this Agreement, the SA, and
<br />LPOA; and
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<br />d. No Pending Proceedings. No governmental, regulatory, criminal, or other claim is pending or
<br />threatened against the Assets or any party to its chain of custody asserting that the Assets are
<br />invalid, void, or subject to clawback or forfeiture; and
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<br />e. Right to Verify. RLA shall provide to the City, and allow the City to verify, all documentation,
<br />correspondence, chain-of-title and other evidence necessary to confirm the validity and legality of
<br />the Assets.
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<br />10. Independent Contractor
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<br />At all times during the Term of this Agreement, RLA shall be an independent contractor and shall not be an
<br />employee of City. Except as provided by any other City, state, or federal policy, rule, regulation, law, or
<br />ordinance to the contrary, RLA, and any of its employees, agents, and subcontractors providing services
<br />under this Agreement, shall not qualify for or become entitled to, and hereby agree to waive any and all
<br />claims to any compensation, benefit, or any incident of employment by City, including but not limited to
<br />eligibility to enroll in the California Public Employees Retirement System (PERS) as an employee of City
<br />and entitlement to any contribution to be paid by City for employer contributions and/or employee
<br />contributions for PERS benefits.
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<br />11. No Assignment by City
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<br />The City may not assign or transfer any right or obligation under this Agreement without RLA’s prior written
<br />consent.
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<br />12. Governing Law
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<br />The laws of the State of California shall govern this Agreement.
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<br />13. Venue
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<br />If either party brings any action against the other under this Agreement, the Parties agree that trial of such
<br />action shall be vested exclusively in the state courts of California, in the County of Alameda, or in the
<br />United States District Court for the Northern District of California.
<br />Docusign Envelope ID: 65A9B401-774B-4957-AE8F-558B39C8D761
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