238 26 Exhibit A

23 24 Obligation to Satisfy Full Affordable Housing Set Aside, Including Any Fractional Obligation The Parties agree to a twenty percent (20%) affordable housing set aside for the Project if the Project contains more than ten (10) residential units. At twelve (12) total residential units, Parties acknowledge that the twenty percent (20%) set aside equals 2.4 affordable units. Accordingly, the Project shall include two (2) on site Affordable Units, and Developer shall satisfy the remaining 0.4 fractional affordable housing obligation by making a payment in lieu to the Township's Affordable Housing Trust Fund in the amount of Seventy-Two Thousand Dollars ($72,000.00), calculated as forty percent (40%) of One Hundred Eighty Thousand Dollars ($180,000.00). Such fractional payment in lieu shall be payable as a condition of, and no later than, issuance of the first residential certificate of occupancy for the Project. No temporary certificate of occupancy, certificate of occupancy, rental certificate, or other occupancy authorization for any residential unit shall issue unless and until the payment required by this Section has been paid in full, unless otherwise ordered by the Court. For any unit count other than twelve (12), if the calculation of the twenty percent (20%) set aside results in a fractional obligation of less than 0.5 of an affordable unit, the fractional obligation shall be satisfied by a payment in lieu equal to the applicable fractional portion multiplied by One Hundred Eighty Thousand Dollars ($180,000.00), payable as a condition of, and no later than, issuance of the first residential certificate of occupancy. If the calculation results in a fractional obligation greater than or equal to 0.5 of an affordable unit, the obligation shall be rounded up to the next whole Affordable Unit. No waiver, reduction, alternate satisfaction, payment-in-lieu, or rounding methodology shall be effective unless expressly set forth in this Agreement, the Ordinance, or other Township implementing ordinance and approved by the Court or other reviewing authority to the extent required. Obligation to Bear All Expenses Associated with Creating and Maintaining Creditworthy Units Other than as specified in this Agreement, the Township shall have no financial obligations under this provision to assure that the Affordable Units are creditworthy, and all

ining Creditworthy Units Other than as specified in this Agreement, the Township shall have no financial obligations under this provision to assure that the Affordable Units are creditworthy, and all associated expenses, except as. set forth herein to the contrary, shall be solely borne by Developer, its successors, or assigns. Developer shall pay all associated costs of the Administrative Agent which are incurred in connection with the Inclusionary Project. Developer shall also be responsible for all professional escrow deposits, application fees, review 8