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FIRST AMENDMENT TO PLANNED UNIT DEVELOPMENT AGREEMENT THIS FIRST AMENDMENT TO PLANNED UNIT DEVELOPMENT AGREEMENT (“First Amendment”) is dated as of ____________________, 2024 (“Effective Date”), by and between the City of Saint. Anthony Village, Minnesota, a statutory city under the laws of the State of Minnesota (the “City”), Doran SLV, LLC, a Minnesota limited liability company (the “Phase I Developer”), Doran St. Anthony, LLC, a Minnesota limited liability company (the “Phase I Owner”) and Doran SLV II, LLC, a Minnesota limited liability company (the “Phase II Developer and Owner ” and, collectively, with the City, the Phase I Developer and the Phase I Owner, the “Parties”). WHEREAS, the City and the Phase I Developer entered into that certain Planned Unit Development Agreement dated February 19, 2019 and recorded March 11, 2020 in the Office of the Ramsey County Recorder as Document No. A04801675 (the “Original Agreement”). WHEREAS, at the time the Original Agreement was executed, the Phase I Developer owned the entirety of the property subject thereto (the “Original Subject Property”). WHEREAS, the Phase I Developer subsequently conveyed a portion of the Original Subject Property to the Phase I Owner, such portion being legally described on Exhibit A attached hereto and incorporated herein by reference (the “Phase I Property”). WHEREAS, the Phase I Developer conveyed the remainder of the Original Subject Property to the Phase II Developer and Owner, such remaining portion being legally described on Exhibit B attached hereto and incorporated herein by reference (the “Phase II Property”). WHEREAS, the Parties desire to amend the Original Agreement to, among other things, confirm the completion of all construction obligations relating to the Phase I Developer, the Phase I Owner and the Phase I Property and transfer all obligations relating to the Phase II Property to the Phase II Developer and Owner, all subject to the terms and conditions set forth herein. NOW THEREFORE, in consideration of the above premises and mutual obligations and conditions hereinafter contained, the sufficiency of which is hereby acknowledged by the Parties, the Parties hereby agree as follows: 1.Recitals; Definitions. Each of the recitals set forth above are true and correct and incorporated herein by reference as though restated in their entirety herein. Capitalized terms used in this First Amendment without definition shall have the meanings assigned to them in the Original Agreement unless the context clearly requires otherwise. 2.Completion of Plan A Improvements Relating to the Construction of the Phase I Property; Remaining Plan A Improvement Obligations; Reduction of the Plan A Security. The Parties hereby acknowledge and agree that (a) the portion of the Plan A Improvements relating to the Phase I Property have been completed in their entirety and in accordance with the Original Agreement; (b) all inspections and approvals permitted under the Original Agreement relating to 63