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IN WITNESS WHEREOF, the parties hereto have caused this Option Agreement to be <br /> duly executed in their names and on their behalf on or as of the date and year first above written. <br /> Seller <br /> By: <br /> Jeffrey Malmgren <br /> By: <br /> Kerri Ramsey Malmgren <br /> Buyer <br /> City of Mounds View <br /> By: <br /> Zach Lindstrom <br /> Its: Mayor <br /> By: <br /> Nyle Zikmund <br /> Its: City Administrator <br /> 11 <br /> DOC SOPEN\MU210\329\1036056.v2-7/9/25 <br />