Jane Crocker, F.K.A. Jane C. Jacobs, et al. - Page 33

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               California Registry of Historical Sites and/or the                     
               National Registry of Historical Sites of the United                    
               States.  Players shall fully cooperate with Jacobs in                  
               such efforts, shall execute and deliver any documents                  
               reasonably requested by Jacobs in furtherence [sic] of                 
               the above, and shall use its good faith best efforts to                
               cause such designation to occur.                                       
                    2.2  Maintenance Of The Theater.  Players shall                   
               maintain the facade of the Theater in good condition                   
               and repair, and shall not take or allow any action                     
               which would compromise the architectural integrity of                  
               the art deco facade.                                                   
                    2.3  Use Of Premises.  Players shall use the                      
               Theater as the "Peninsula Center for the Performing                    
               Arts".  Players shall use the Theater only as a                        
               performance auditorium and shall not use the theater                   
               for sporting events or any use other than as an                        
               auditorium for the performing arts, or as provided in                  
               section 2.4 herein.                                                    
                    2.4  Availability Of The Theater For Other Civic                  
               Uses.  Players shall allow and shall have the right to                 
               allow other performing arts organizations, civic and                   
               community organizations, the City of Redwood City, and                 
               the County of San Mateo to use the Theater on a                        
               financial basis which is affordable to all parties                     
               involved, during times which do not unreasonably                       
               conflict with Players' use.  The Theater shall be made                 
               available to such other parties to the greatest extent                 
               possible which does not interfere with Players' use,                   
               but in no event less than ten percent (10%) of the                     
               hours that similar performance auditoriums are usually                 
               and customarily used.                                                  
                    2.5  Memorial Plaque.  Jacobs is donating the                     
               Theater to Players in the name and memory of his late                  
               father, Justin Manning Jacobs, Sr., and Jacobs will                    
               affix an appropriate bronze memorial plaque to the                     
               Theater at his sole cost.  Players shall maintain the                  
               plaque in good condition and repair in the location at                 
               which it was originally installed by Jacobs.                           
               The gift deed transferring the property to the Players was             
          recorded on December 31, 1986.                                              






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