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CONTRACT 3364A Amendment FIRST AMENDMENT TO PROPERTY MANAGEMENT AGREEMENT BETWEEN THE EL SEGUNDO SENIOR CITIZEN HOUSING CORPORATION AND CADMAN GROUP, A CALIFORNIA CORPORATION This FIRST AMENDMENT ("Amendment")to the PROPERTY MANAGEMENT AGREEMENT BETWEEN THE EL SEGUNDO SENIOR CITIZEN HOUSING CORPORATION AND NEIL R. CADMAN DBA CADMAN GROUP (since incorporated as Cadman Group, Inc., a California Corporation) dated October 1, 2004. ("Agreement") is made and entered into this�day 3tL4 7 007, by and between the El SegUndo Senior Citizen Housing Corporation, a California nonprofit public benefit corporation ("Owner") and Cadman Group, Inc., a California Corporation ("Manager"). 1. Section 1.4 of the Agreement is hereby amended to read as follows: 1.4 TERM The term of this Agreement shall extend to and including September 30, 2010, subject to the provisions set forth in Section 19 regarding termination. 1 This Amendment may be executed in any number or counterparts, each of which will be an original, but all of which together constitute one instrument executed on the same date. 3. Except as otherwise provided herein, all terms and conditions of the Agreement shall remain in full force and effect. IN WITNESS HEREOF, the parties hereto have affixed their respective signatures this day of , 2007. EL SEGUNDO SENIOR CITIZENS CAIMAN GROUP, INC. HOUSING CORPORATION NEIL 1 . M , 1' ?SIDENT f-Z� President Neil R. Cadman .....�........................... Chief Financial Officer Taxpayer ID Approved as to �6rnl: / Mark D. He Attorney r City of El eget By: Karl 11. Berger, Assistant City A�4rney