EXHIBIT 10.38


$49,500,000

PURCHASE AGREEMENT




BETWEEN




BNP LEASING CORPORATION, 

("BNPLC")

AND

3COM CORPORATION,

("3COM")




EFFECTIVE AS OF NOVEMBER 20, 1996

(North First Street Property)






This Agreement is being facilitated by the following banks:


Banque Nationale de Paris
ABN AMRO Bank N.V.






PURCHASE AGREEMENT

	This PURCHASE AGREEMENT (this "Agreement") is made as of 
November 20, 1996, by 3COM CORPORATION, a California 
corporation ("3COM") and BNP LEASING CORPORATION, a Delaware 
corporation ("BNPLC").


R E C I T A L S

	A.      BNPLC is acquiring the land described in Exhibit A 
attached hereto and the improvements and fixtures located 
thereon, if any, and is leasing the same to 3COM pursuant to 
that certain Lease Agreement (as from time to time 
supplemented, amended or restated, the "Lease") between 3COM 
and BNPLC dated as of the date hereof. (The land described in 
Exhibit A and any and all other real or personal property from 
time to time covered by the Lease and included within the 
"Leased Property" as defined therein are hereinafter 
collectively referred to as the "Property".)

	B.      BNPLC is also concurrently herewith receiving a 
separate environmental indemnity from 3COM pursuant to an 
Environmental Indemnity Agreement (as from time to time 
supplemented, amended or restated, the "Environmental 
Indemnity") between 3COM and BNPLC dated as of the date 
hereof.

	C.      3COM has requested an option to purchase the 
Property, which BNPLC is willing to provide on and subject to 
the terms and conditions set out herein.

	NOW, THEREFORE, in consideration of the above recitals 
and other good and valuable consideration, the receipt and 
sufficiency of which are hereby acknowledged, the parties 
agree as follows:

	1.      Definitions.  As used herein, the terms "3COM", 
"BNPLC", "Property", "Lease" and "Environmental Indemnity" 
shall have the meanings indicated above; terms with initial 
capitals defined in the Lease and used but not defined herein 
shall have the meanings assigned to them in the Lease; and the 
terms listed immediately below shall have the following 
meanings:

	"Applicable Purchaser" means any third party designated 
by 3COM to purchase the interest of BNPLC in the Property as 
provided in Paragraph 2(a)(ii) below.

	"Deposit Taker" shall have the meaning assigned to it in 
the Pledge Agreement.

	"Deposit Taker Losses" shall have the meaning assigned to 
it in the Pledge Agreement.

	"Designated Sale Date" means the earlier of:

		(1) the effective date of any termination of 
the Lease by 3COM pursuant to Paragraph 2 thereof;

		(2) any date designated by BNPLC in a written 
notice given by BNPLC to 3COM when an Event of Default by 
3COM is continuing, provided the notice of the date so 
designated is given by BNPLC at least thirty (30) days 
before the date so designated; or

		(3) the first Business Day in November, 1998.

	"Direct Payments to Participants" means the amounts paid 
or required to be paid directly to Participants on the 
Designated Sale Date as provided in Section 6.2 of the Pledge 
Agreement at the direction of and for 3COM by the collateral 
agent appointed pursuant to the Pledge Agreement from all or 
any part of the Collateral described therein.

	"Fair Market Value" means the fair market value of the 
Property on or about the Designated Sale Date (calculated 
under the assumptions, whether or not then accurate, that 3COM 
has maintained the Property in compliance with all Applicable 
Laws [including Environmental Laws]; that 3COM has completed 
the construction of any Improvements which was commenced prior 
to the Designated Sale Date; that all such Improvements are 
self-sufficient in the sense that any easements or offsite 
facilities needed for their use will be available at no 
additional cost to the owner of the Improvements; that 3COM 
has repaired and restored the Property after any damage 
following fire or other casualty; that 3COM has restored the 
remainder of the Property after any partial taking by eminent 
domain; that 3COM has completed any contests of and paid any 
taxes due [other than Excluded Taxes] or other amounts secured 
by or allegedly secured by a lien against the Property other 
than Prohibited Encumbrances; that no conditions or 
circumstances on or about the Property [such as the presence 
of an endangered species] is discovered that will impede the 
use or any development of the Property permitted by the Lease; 
that any use or development of the Property as permitted by 
the Lease will not be hindered or delayed because of the 
limited availability of utilities or water; that without undue 
cost or delay any purchaser paying fair market value for the 
Property can obtain any necessary permits or licenses needed 
to use the Property for the purposes permitted by the Lease; 
and that 3COM has cured any title defects affecting the 
Property other than Prohibited Encumbrances, all in accordance 
with the standards and requirements of the Lease as though the 
Lease were continuing in force) as determined by an 
independent MAI appraiser selected by BNPLC, which appraiser 
must have five (5) years or more experience appraising similar 
properties in northern California.

	"Qualified Deposit Taker" means one of the fifty largest 
(measured by total assets) U.S. banks, or one of the one 
hundred largest (measured by total assets) banks in the world, 
with debt ratings of at least (i) A- (in the case of long term 
debt) and A-1 (in the case of short term debt) or the 
equivalent thereof by Standard and Poor's Corporation, and 
(ii) A (in the case of long term debt) and P-1 (in the case of 
short term debt) or the equivalent thereof by Moody's Investor 
Service, Inc.  The parties believe it improbable that the 
ratings systems used by Standard and Poor's Corporation and by 
Moody's Investor Service, Inc. will be discontinued or 
changed, but if such ratings systems are discontinued or 
changed, 3COM shall be entitled to select and use a comparable 
ratings systems as a substitute for the S&P Rating or the 
Moody Rating, as the case may be, for purposes of determining 
the status of any bank as a Qualified Deposit Taker.

	"Purchase Price" means an amount equal to Stipulated Loss 
Value outstanding on the Designated Sale Date, plus all costs 
and expenses (including appraisal costs, withholding taxes (if 
any) and reasonable Attorneys' Fees, as defined in the Lease) 
incurred in connection with any sale of the Property by BNPLC 
hereunder or in connection with collecting sales proceeds due 
hereunder, less the aggregate amounts (if any) of Direct 
Payments to Participants and Deposit Taker Losses.

	"Prohibited Encumbrance" means any lien or other title 
defect encumbering the Property that is claimed by BNPLC 
itself or lawfully claimed by a third party through or under 
BNPLC, including any judgment lien lawfully filed against 
BNPLC and including any tax lien assessed because of BNPLC's 
failure to pay Excluded Taxes, but excluding the Lease and any 
lien or other title defect that (i) is a Permitted Encumbrance 
(as defined in the Lease), regardless of whether claimed by, 
through or under BNPLC, (ii) is claimed by, through or under 
3COM or any of the Participants approved by 3COM (other than 
Landlord's Parent), or (iii) exists because of any breach by 
3COM of the Lease, because of anything done or not done by 
BNPLC in an effort to satisfy subparagraph 9(b) of the Lease, 
or because of anything done or not done by BNPLC at the 
request of 3COM.

	"Remarketing Notice" shall have the meaning assigned to 
it in Paragraph 2(b)(1) below.

	"Required Documents" means the grant deed and other 
documents that BNPLC must tender pursuant to Paragraph 3 
below.

	"Shortage Amount" means any amount payable to BNPLC by 
3COM, rather than by the Applicable Purchaser, pursuant to 
clause 2(a)(ii) below.

	2.      3COM's Options and Obligations on the Designated 
Sale Date.

	(a)     Choices.  On the Designated Sale Date 3COM shall 
have the right and the obligation to either:

	(i)     purchase BNPLC's interest in the Property 
and in Escrowed Proceeds, if any, for a net cash 
price equal to the Purchase Price; or

	(ii)    cause the Applicable Purchaser to purchase 
BNPLC's interest in the Property and in Escrowed 
Proceeds, if any, for a net cash price not less than 
the lesser of (a) the Fair Market Value of the 
Property, (b) fifteen percent (15%) of Stipulated 
Loss Value outstanding immediately prior to the 
purchase or (c) the Purchase Price.  If, however, 
the Fair Market Value is less than fifteen percent 
(15%) of Stipulated Loss Value and less than the 
Purchase Price, BNPLC may elect to keep the Property 
and any Escrowed Proceeds rather than sell to the 
Applicable Purchaser, in which case 3COM shall pay 
BNPLC an amount equal to (A) eighty-five percent 
(85%) of Stipulated Loss Value, less (B) the sum of 
(x) any Escrowed Proceeds then held and to be 
retained by BNPLC, (y) any Direct Payments to 
Participants and (z) any Deposit Taker Losses.  
Unless BNPLC elects to keep the Property pursuant to 
the preceding sentence, 3COM must make a 
supplemental payment to BNPLC on the Designated Sale 
Date equal to the excess (if any) of the Purchase 
Price over the net cash price actually paid to BNPLC 
on the Designated Sale Date by the Applicable 
Purchaser for BNPLC's interest in the Property and 
in Escrowed Proceeds, if any.  However, provided no 
Event of Default has occurred and is continuing 
under the Lease, and provided further that neither 
3COM nor any Applicable Purchaser has failed to pay 
any amount required to be paid by this Agreement on 
the date such amount first became due, any 
supplemental payment required by the preceding 
sentence shall not exceed (1) eighty-five percent 
(85%) of Stipulated Loss Value on the Designated 
Sale Date, less (2) any Direct Payments to 
Participants and any Deposit Taker Losses.  Any 
supplemental payment payable to BNPLC by 3COM, 
rather than by the Applicable Purchaser, pursuant to 
this clause (ii) is hereinafter referred to as the 
"Shortage Amount."  If the net cash price actually 
paid by the Applicable Purchaser to BNPLC exceeds 
the Purchase Price and all other sums that are then 
due from 3COM to BNPLC, 3COM shall be entitled to 
such excess.

If any amount payable to BNPLC pursuant to this subparagraph 
2(a) is not actually paid to BNPLC on the Designated Sale 
Date, 3COM shall pay interest on the past due amount computed 
at the Default Rate from the Designated Sale Date.  However, 
Tenant shall be entitled to a reduction of the interest 
required by the preceding sentence equal to the Base Rent, if 
any, paid by Tenant as provided in Paragraph 17 of the Lease 
for any holdover period after the Designated Sale Date.

	(b)     Election by 3COM.  3COM shall have the right to 
elect whether it will satisfy the obligations set out in 
clause (i) or (ii) of the preceding Paragraph 2(a); provided, 
however, that the following conditions are satisfied:

		(1) To give BNPLC the opportunity to have the 
Fair Market Value determined by an appraiser as provided 
in the definition of Fair Market Value above before the 
Designated Sale Date, 3COM must, unless 3COM concedes 
that Fair Market Value will not be less than fifteen 
percent (15%) of Stipulated Loss Value on the Designated 
Sale Date, provide BNPLC with a Remarketing Notice.  
"Remarketing Notice" means a notice given by 3COM to 
BNPLC (and to each of the Participants) no earlier than 
one hundred eighty (180) days before the Designated Sale 
Date and no later than ninety (90) days before the 
Designated Sale Date, specifying that 3COM does not 
concede that the Fair Market Value is equal to or greater 
than fifteen percent (15%) of the Stipulated Loss Value. 
 A Remarketing Notice will be required only if 3COM does 
not concede that Fair Market Value will equal or exceed 
fifteen percent (15%) of Stipulated Loss Value on the 
Designated Sale Date.  But if for any reason (including 
but not limited to any acceleration of the Designated 
Sale Date pursuant to clause (2) of the definition of 
Designated Sale Date above) 3COM fails to provide a 
Remarketing Notice within the time periods specified in 
the definition of Remarketing Notice above, Fair Market 
Value shall, for purposes of this Agreement, be deemed to 
be no less than fifteen percent (15%) of Stipulated Loss 
Value on the Designated Sale Date.

		(2) To give BNPLC the opportunity to prepare 
the Required Documents before the Designated Sale Date, 
3COM must, if it is to elect to satisfy the obligations 
set forth in clause (ii) of Paragraph 2(a), irrevocably 
specify an Applicable Purchaser in notice to BNPLC given 
at least seven (7) days prior to the Designated Sale 
Date.  If for any reason 3COM fails to so specify an 
Applicable Purchaser, 3COM shall be deemed to have 
irrevocably elected to satisfy the obligations set forth 
in clause (i) of Paragraph 2(a).

	(c)     Termination of 3COM's Option To Purchase.  Without 
limiting BNPLC's right to require 3COM to satisfy the 
obligations imposed by Paragraph 2(a), 3COM shall have no 
further option hereunder to purchase the Property if either:

		(1)  3COM shall have elected to satisfy its 
obligations under clause (ii) of Paragraph 2(a) on a 
Designated Sale Date and BNPLC shall have elected to keep the 
Property on such Designated Sale Date in accordance with 
clause (ii) of Paragraph 2(a); or

		(2)  3COM shall have failed on a Designated Sale 
Date to make or cause to be made all payments to BNPLC 
required by this Agreement or by the Lease and such failure 
shall have continued beyond the thirty (30) day period for 
tender specified in the next sentence.

If BNPLC does not receive all payments due under the Lease and 
all payments required hereunder on a Designated Sale Date, 
3COM may nonetheless tender to BNPLC the full Purchase Price 
and all amounts then due under the Lease, together with 
interest on the total Purchase Price computed at the Default 
Rate from the Designated Sale Date to the date of tender, and 
if presented with such a tender within thirty (30) days after 
the applicable Designated Sale Date, BNPLC must accept it and 
promptly thereafter deliver any Escrowed Proceeds and a deed 
and all other Required Documents listed in Paragraph 3.

	(d)     Payment to BNPLC.  All amounts payable under the 
preceding Paragraphs 2(a) or 2(c) by 3COM and, if applicable, 
by the Applicable Purchaser must be paid directly to BNPLC, 
and no payment to any other party shall be effective for the 
purposes of this Agreement.  In addition to the payments 
required under Paragraph 2(a) hereunder, on the Designated 
Sale Date 3COM must pay all amounts then due to BNPLC under 
the Lease.  BNPLC will remit any excess amounts due 3COM 
pursuant to the last sentence of clause (ii) of Paragraph 2(a) 
promptly after BNPLC's receipt of the same and in no event 
later than thirty (30) days thereafter.

	(e)     Effect of Options on Subsequent Title Encumbrances. 
 It is the intent of BNPLC and 3COM that any conveyance of the 
Property to 3COM or any Applicable Purchaser pursuant to this 
Agreement shall cut off and terminate any interest in the 
Property claimed by, through or under BNPLC, including the 
Participants (but not any unsatisfied obligations to BNPLC 
under the Lease, the Environmental Indemnity or this 
Agreement), including but not limited to any Prohibited 
Encumbrances and any leasehold or other interests conveyed by 
BNPLC in the ordinary course of BNPLC's business.  Anyone 
accepting or taking any interest in the Property by or through 
BNPLC after the date of this Agreement shall acquire such 
interest subject to the rights and options granted 3COM 
hereby.  Further, 3COM and any Applicable Purchaser shall be 
entitled to pay any payment required by this Agreement for the 
purchase of the Property directly to BNPLC notwithstanding any 
prior conveyance or assignment by BNPLC, voluntary or 
otherwise, of any right or interest in this Agreement or the 
Property, and neither 3COM nor any Applicable Purchaser shall 
be responsible for the proper distribution or application of 
any such payments by BNPLC.

	3.      Terms of Conveyance Upon Purchase.  Immediately 
after receipt of all payments to BNPLC required pursuant to 
the preceding Paragraph 2, BNPLC must, unless it is to keep 
the Property as permitted by Paragraph 2(a)(ii), deliver all 
Escrowed Proceeds, if any, and convey all of its right, title 
and interest in the Property by grant deed to 3COM or the 
Applicable Purchaser, as the case may be, subject only to the 
Permitted Encumbrances (as defined in the Lease) and any other 
encumbrances that do not constitute Prohibited Encumbrances.  
However, such conveyance shall not include the right to 
receive any payment under the Lease then due BNPLC or that may 
become due thereafter because of any expense or liability 
incurred by BNPLC resulting in whole or in part from events or 
circumstances occurring before such conveyance.  All costs of 
such purchase and conveyance of every kind whatsoever, both 
foreseen and unforeseen, shall be the responsibility of the 
purchaser, and the form of grant deed used to accomplish such 
conveyance shall be substantially in the form attached as 
Exhibit B.  With such grant deed, BNPLC shall also tender to 
3COM or the Applicable Purchaser, as the case may be, the 
following, each fully executed and, where appropriate, 
acknowledged on BNPLC's behalf by an officer of BNPLC: (1) a 
Preliminary Change of Ownership Report in the form attached as 
Exhibit C, (2) a Bill of Sale and Assignment of Contract 
Rights and Intangible Assets in the form attached as Exhibit 
D, (3) an Acknowledgment of Disclaimer of Representations and 
Warranties, in the form attached as Exhibit E, which 3COM or 
the Applicable Purchaser must execute and return to BNPLC, (5) 
a Documentary Transfer Tax Request in the form attached as 
Exhibit F, (6) a Secretary's Certificate in the form attached 
as Exhibit G, (7) a letter to the title insurance company 
insuring title to the Property in the form attached as Exhibit 
H, and (8) a certificate concerning tax withholding in the 
form attached as Exhibit I.

	4.      Survival of 3COM's Obligations.

	(a)     Status of this Agreement.  Except as expressly 
provided in the last sentence of this subparagraph and 
elsewhere herein, this Agreement shall not terminate, nor 
shall 3COM have any right to terminate this Agreement, nor 
shall 3COM be entitled to any reduction of the Purchase Price 
hereunder, nor shall the obligations of 3COM to BNPLC under 
Paragraph 2 be affected by reason of (i) any damage to or the 
destruction of all or any part of the Property from whatever 
cause, (ii) the taking of or damage to the Property or any 
portion thereof under the power of eminent domain or otherwise 
for any reason, (iii) the prohibition, limitation or 
restriction of 3COM's use of all or any portion of the 
Property or any interference with such use by governmental 
action or otherwise, (iv) any eviction of 3COM or any party 
claiming under 3COM by paramount title or otherwise, (v) 
3COM's prior acquisition or ownership of any interest in the 
Property, (vi) any default on the part of BNPLC under this 
Agreement, the Lease or any other agreement to which BNPLC is 
a party, or (vii) any other cause, whether similar or 
dissimilar to the foregoing, any existing or future law to the 
contrary notwithstanding.  It is the intention of the parties 
hereto that the obligations of 3COM hereunder (including 
3COM's obligation to make payments under - and, if applicable, 
to cause the Applicable Purchaser to make payments under - 
Paragraph 2) shall be separate and independent of the 
covenants and agreements of BNPLC.  Accordingly, the Purchase 
Price and the Shortage Amount, as the case may be under 
Paragraph 2, shall continue to be payable in all events, and 
the obligations of 3COM hereunder shall continue unaffected by 
any breach of this Agreement by BNPLC.  However, nothing in 
this subparagraph, nor the performance without objection by 
3COM of its obligations hereunder, shall be construed as a 
waiver by 3COM of any right 3COM may have at law or in equity, 
following any failure by BNPLC to tender a grant deed and the 
other Required Documents as required by Paragraph 3 upon the 
tender by 3COM and/or the Applicable Purchaser of the payments 
required by Paragraph 2 and of the other documents to be 
executed in favor of BNPLC at the closing of the sale 
hereunder, to (i) recover monetary damages proximately caused 
by such failure of BNPLC if BNPLC does not cure the failure 
within thirty (30) days after 3COM demands a cure by written 
notice to BNPLC, or (ii) a decree compelling performance of 
BNPLC's obligation to so tender a grant deed and the Required 
Documents.

	(b)     Remedies Under the Lease and the Environmental 
Indemnity.  No repossession of or re-entering upon the 
Property or exercise of any other remedies available under the 
Lease or the Environmental Indemnity shall relieve 3COM of its 
liabilities and obligations hereunder, all of which shall 
survive the exercise of remedies under the Lease and 
Environmental Indemnity.  3COM acknowledges that the 
consideration for this Agreement is separate and independent 
of the consideration for the Lease and the Environmental 
Indemnity, and 3COM's obligations hereunder shall not be 
affected or impaired by any event or circumstance that would 
excuse 3COM from performance of its obligations under the 
Lease or the Environmental Indemnity.

	5.      Remedies Cumulative.  No right or remedy herein 
conferred upon or reserved to BNPLC is intended to be 
exclusive of any other right or remedy BNPLC has with respect 
to the Property, and each and every right and remedy shall be 
cumulative and in addition to any other right or remedy given 
hereunder or now or hereafter existing at law or in equity or 
by statute.  In addition to other remedies available under 
this Agreement, either party shall be entitled, to the extent 
permitted by applicable law, to a decree compelling 
performance of any of the other party's agreements hereunder.

	6.      No Implied Waiver.  The failure of either party to 
this Agreement to insist at any time upon the strict 
performance of any covenant or agreement of the other party or 
to exercise any remedy contained in this Agreement shall not 
be construed as a waiver or a relinquishment thereof for the 
future.  The waiver by either party of or redress for any 
violation of any term, covenant, agreement or condition 
contained in this Agreement shall not prevent a subsequent 
act, which would have originally constituted a violation, from 
having all the force and effect of an original violation.  No 
express waiver by either party shall affect any condition 
other than the one specified in such waiver and that one only 
for the time and in the manner specifically stated.  A receipt 
by BNPLC of any payment hereunder with knowledge of the breach 
of this Agreement shall not be deemed a waiver of such breach, 
and no waiver by either party of any provision of this 
Agreement shall be deemed to have been made unless expressed 
in writing and signed by the waiving party.

	7.      Attorneys' Fees and Legal Expenses.  If either party 
commences any legal action or other proceeding to enforce any 
of the terms of this Agreement or the documents and agreements 
referred to herein, or because of any breach by the other 
party or dispute hereunder or thereunder, the successful or 
prevailing party, shall be entitled to recover from the 
nonprevailing party all Attorneys' Fees incurred in connection 
therewith, whether or not such controversy, claim or dispute 
is prosecuted to a final judgment.  Any such Attorneys' Fees 
incurred by either party in enforcing a judgment in its favor 
under this Agreement shall be recoverable separately from such 
judgment, and the obligation for such Attorneys' Fees is 
intended to be severable from other provisions of this 
Agreement and not to be merged into any such judgment.

	8.      Estoppel Certificate.  3COM and BNPLC will each, 
upon not less than twenty (20) days' prior written request by 
the other, execute, acknowledge and deliver to the requesting 
party a written statement certifying that this Agreement is 
unmodified and in full effect (or, if there have been 
modifications, that this Agreement is in full effect as 
modified, and setting forth such modification) and either 
stating that no default exists hereunder or specifying each 
such default of which the signer may have knowledge.  Any such 
statement may be relied upon by any Participant or prospective 
purchaser or assignee of BNPLC with respect to the Property.  
Neither 3COM nor BNPLC shall be required to provide such a 
certificate more frequently than once in any six month period; 
provided, however, that if either party determines that there 
is a significant business reason for requiring a current 
certificate, including, without limitation, the need to 
provide such a certificate to a prospective purchaser or 
assignee, the other shall provide a certificate upon request 
whether or not it had provided a certificate within the prior 
six month period.

	9.      Notices.  Each provision of this Agreement referring 
to the sending, mailing or delivery of any notice or referring 
to the making of any payment to BNPLC, shall be deemed to be 
complied with when and if the following steps are taken:

	(a)     All payments required to be made by 3COM or the 
Applicable Purchaser to BNPLC hereunder shall be paid to BNPLC 
in immediately available funds by wire transfer to:

Federal Reserve Bank of San Francisco
Account: Banque Nationale de Paris
ABA #: 121027234
Reference:  3COM (North First Street    
	   Property)

	or at such other place and in such other manner as 
BNPLC may designate in a notice to 3COM (provided BNPLC 
will not unreasonably designate a method of payment other 
than wire transfer).  Time is of the essence as to all 
payments to BNPLC under this Agreement.  Any payments 
required to be made by BNPLC to 3COM pursuant to the last 
sentence of clause (ii) of Paragraph 2(a) shall be paid 
to 3COM in immediately available funds at the address of 
3COM set forth below or as 3COM may otherwise direct by 
written notice sent in accordance herewith.

	(b)     All notices, demands and other communications to be 
made hereunder to the parties hereto shall be in writing (at 
the addresses set forth below) and shall be given by any of 
the following means: (A) personal service, with proof of 
delivery or attempted delivery retained; (B) electronic 
communication, whether by telex, telegram or telecopying (if 
confirmed in writing sent by United States first class mail, 
return receipt requested); or (C) registered or certified 
first class mail, return receipt requested.  Such addresses 
may be changed by notice to the other parties given in the 
same manner as provided above.  Any notice or other 
communication sent pursuant to clause (A) or (C) hereof shall 
be deemed received (whether or not actually received) upon 
first attempted delivery at the proper notice address on any 
Business Day between 9:00 A.M. and 5:00 P.M., and any notice 
or other communication sent pursuant to clause (B) hereof 
shall be deemed received upon dispatch by electronic means.

Address of BNPLC:

BNP Leasing Corporation
717 North Harwood Street
Suite 2630
Dallas, Texas 75201
Attention: Lloyd Cox
Telecopy: (214) 969-0060

With a copy to:

Banque Nationale de Paris, San Francisco
180 Montgomery Street
San Francisco, California 94104
Attention:Jennifer Cho
  or Will La Herran
Telecopy: (415) 296-8954

And with a copy to:

Clint Shouse
Thompson & Knight, P.C.
1700 Pacific Avenue
Suite 3300
Dallas, Texas 75201
Telecopy: (214) 969-1550

Address of 3COM:

3Com Corporation 
5400 Bayfront Plaza 
Santa Clara, California  95052 
Attn: Legal Dept. Mail Stop 1308 
Telecopy: (408) 764-6434

With copies to:

3Com Corporation 
5400 Bayfront Plaza 
Santa Clara, California  95052 
Attn: Real Estate Dept. Mail
	Stop 1220 
Telecopy: (408) 764-5718; and

3Com Corporation 
5400 Bayfront Plaza 
Santa Clara, California  95052 
Attn: Treasury Dept. Mail Stop 1307
Telecopy: (408) 764-8403; and

Gray Cary Ware & Freidenrich 
400 Hamilton Avenue 
Palo Alto, California  94301 
Attn: Jonathan E. Rattner, Esq. 
Telecopy: (415) 328-3029

	10.     Severability.  Each and every covenant and agreement 
of 3COM contained in this Agreement is, and shall be construed 
to be, a separate and independent covenant and agreement.  If 
any term or provision of this Agreement or the application 
thereof to any person or circumstances shall to any extent be 
invalid and unenforceable, the remainder of this Agreement, or 
the application of such term or provision to persons or 
circumstances other than those as to which it is invalid or 
unenforceable, shall not be affected thereby.  Further, the 
obligations of 3COM hereunder, to the maximum extent possible, 
shall be deemed to be separate, independent and in addition 
to, not in lieu of, the obligations of 3COM under the Lease.  
In the event of any inconsistency between the terms of this 
Agreement and the terms and provisions of the Lease, the terms 
and provisions of this Agreement shall control.

	11.     Entire Agreement.  This Agreement and the documents 
and agreements referred to herein set forth the entire 
agreement between the parties concerning the subject matter 
hereof and no amendment or modification of this Agreement 
shall be binding or valid unless expressed in a writing 
executed by both parties hereto.

	12.     Paragraph Headings.  The paragraph headings 
contained in this Agreement are for convenience only and shall 
in no way enlarge or limit the scope or meaning of the various 
and several paragraphs hereof.

	13.     Gender and Number.  Within this Agreement, words of 
any gender shall be held and construed to include any other 
gender and words in the singular number shall be held and 
construed to include the plural, unless the context otherwise 
requires.

	14.     GOVERNING LAW.  THIS AGREEMENT SHALL BE DEEMED TO 
HAVE BEEN MADE UNDER AND SHALL BE GOVERNED BY THE LAWS OF THE 
STATE OF CALIFORNIA.

	15.     Successors and Assigns.  The terms, provisions, 
covenants and conditions hereof shall be binding upon 3COM and 
BNPLC and their respective permitted successors and assigns 
and shall inure to the benefit of 3COM and BNPLC and all 
permitted transferees, mortgagees, successors and assignees of 
3COM and BNPLC with respect to the Property; provided, that 
the rights of BNPLC hereunder shall not pass to 3COM or any 
Applicable Purchaser or any subsequent owner claiming through 
them.  Prior to the Designated Sale Date BNPLC may transfer, 
assign and convey, in whole or in part, the Property and any 
and all of its rights under this Agreement (subject to the 
terms of this Agreement) by any conveyance that constitutes a 
Permitted Transfer, but not otherwise.  If BNPLC sells or 
otherwise transfers the Property and assigns its rights under 
this Agreement and the Lease pursuant to a Permitted Transfer, 
then to the extent BNPLC's successor in interest confirms its 
liability for the obligations imposed upon BNPLC by this 
Agreement and the Lease on and subject to the express terms 
set out herein and therein, BNPLC shall thereby be released 
from any further obligations thereafter arising under this 
Agreement and the Lease, and 3COM will look solely to each 
successor in interest of BNPLC for performance of such 
obligations.

	16.     WAIVER OF JURY TRIAL.  BNPLC AND 3COM EACH HEREBY 
WAIVES ITS RESPECTIVE RIGHTS TO A JURY TRIAL OF ANY CLAIM OR 
CAUSE OF ACTION BASED UPON OR ARISING OUT OF THE LEASE, THIS 
AGREEMENT OR ANY OTHER DOCUMENT OR ANY DEALINGS BETWEEN THEM 
RELATING TO THE SUBJECT MATTER OF THIS TRANSACTION AND THE 
RELATIONSHIP THAT IS BEING ESTABLISHED.  The scope of this 
waiver is intended to be all-encompassing of any and all 
disputes that may be filed in any court and that relate to the 
subject matter of this transaction, including without 
limitation, contract claims, tort claims, breach of duty 
claims, and all other common law and statutory claims.  3COM 
and BNPLC each acknowledge that this waiver is a material 
inducement to enter into a business relationship, that each 
has already relied on the waiver in entering into this 
Agreement and the other documents referred to herein, and that 
each will continue to rely on the waiver in their related 
future dealings.  3COM and BNPLC each further warrant and 
represent that it has reviewed this waiver with its legal 
counsel, and that it knowingly and voluntarily waives its jury 
trial rights following consultation with legal counsel.  THIS 
WAIVER IS IRREVOCABLE, MEANING THAT IT MAY NOT BE MODIFIED 
EITHER ORALLY OR IN WRITING, AND THE WAIVER SHALL APPLY TO ANY 
SUBSEQUENT AMENDMENTS, RENEWALS, SUPPLEMENTS OR MODIFICATIONS 
TO THIS AGREEMENT OR TO ANY OTHER DOCUMENTS OR AGREEMENTS 
RELATING TO THE LEASE, THIS AGREEMENT OR THE ENVIRONMENTAL 
INDEMNITY.  In the event of litigation, this Agreement may be 
filed as a written consent to a trial by the court.

	17.     Security for 3COM's Obligations.   3COM's 
obligations under this Agreement are secured by the Pledge 
Agreement, reference to which is hereby made for a description 
of the Collateral covered thereby and the rights and remedies 
provided to BNPLC thereby.   Although the collateral agent 
appointed for BNPLC as provided in the Pledge Agreement shall 
be entitled to hold all Collateral as security for the full 
and faithful performance by 3COM of 3COM's covenants and 
obligations under this Agreement, the Collateral shall not be 
considered an advance payment of the Purchase Price or any 
Shortage Amount or a measure of BNPLC's damages should 3COM 
breach this Agreement.  If 3COM does breach this Agreement and 
fails to cure the same within any time specified herein for 
the cure, BNPLC may, from time to time, without prejudice to 
any other remedy and without notice to 3COM, require the 
collateral agent to immediately apply the proceeds of any 
disposition of the Collateral (and any cash included in the 
Collateral) to amounts then due hereunder from 3COM.  If BNPLC 
assigns its interest in the Property before the Designated 
Sale Date, BNPLC may also assign BNPLC's interest in the 
Collateral to the assignee.

	18.     Replacement of Participants Proposed by 3COM.  So 
long as no Event of Default has occurred and is continuing, 
BNPLC shall not unreasonably withhold its approval for a 
substitution under the Participation Agreement of a new 
Participant proposed by 3COM for any Participant, the Deposit 
Taker for whom has ceased to be a Qualified Deposit Taker; 
provided, however, that (A) the proposed substitution can be 
accomplished without a release or breach by BNPLC of its 
rights and obligations under the Participation Agreement or 
the "Underlying Documents" described therein (including this 
Purchase Agreement); (B) the new Participant will agree (by 
executing Supplements to the Participation Agreement and 
Pledge Agreement as therein contemplated and by other 
agreements as may be reasonably required by BNPLC and 3COM) to 
become a party to the Participation Agreement and to the 
Pledge Agreement, to designate a Qualified Deposit Taker as 
the Deposit Taker for it under the Pledge Agreement and to 
accept a Percentage under the Participation Agreement equal to 
the Percentage of the Participant to be replaced; (C) the new 
Participant (or 3COM) will provide the funds required to pay 
the termination fee by Section 6.4 of the Participation 
Agreement to accomplish the substitution; (D) 3COM (or the new 
Participant) agrees in writing to indemnify and defend BNPLC 
for any and all Losses incurred by BNPLC in connection with or 
because of the substitution, including the cost of preparing 
supplements to the Participation Agreement and the Pledge 
Agreement and including any cost of defending and paying any 
claim asserted by the Participant to be replaced because of 
the substitution (but not including any liability of BNPLC to 
such Participant for damages caused by BNPLC's bad faith or 
gross negligence in the performance of BNPLC's obligations 
under the Participation Agreement prior to the substitution); 
and (E) the new Participant shall be a reputable financial 
institution having a net worth of no less than seven and one 
half percent (7.5%) of total assets and total assets of no 
less than $10,000,000,000.00 (all according to then recent 
audited financial statements).  BNPLC shall attempt in good 
faith to assist (and cause its Affiliate, Banque Nationale de 
Paris, to attempt in good faith to assist) 3COM in identifying 
a new Participant that 3COM may propose to substitute for an 
existing Participant pursuant to this Paragraph, as 3COM may 
reasonably request from time to time.  However, in no event 
shall BNPLC itself, or any of its Affiliates, be required to 
take the Percentage of any Participant to be replaced.

	19.     Security for BNPLC's Obligations.  To secure 3COM's 
right to recover any damages caused by a breach of Paragraph 3 
by BNPLC, including any such breach caused by a rejection or 
termination of this Agreement in any bankruptcy or insolvency 
proceeding instituted by or against BNPLC, as debtor, BNPLC 
does hereby grant to 3COM a lien and security interest against 
all rights, title and interests of BNPLC from time to time in 
and to the Property.  3COM may enforce such lien and security 
interest judicially after any such breach by BNPLC, but not 
otherwise.  3COM waives any right it has to seek a deficiency 
judgement against BNPLC in any action brought for a judicial 
foreclosure of such lien and security interest, and in 
connection therewith, BNPLC hereby acknowledges that it shall 
have no right of redemption following any such judicial 
foreclosure pursuant to Cal. Code Civ. Procedure Section 729. 
 Contemporaneously with the execution of this Agreement, 3COM 
and BNPLC will execute a memorandum of this Agreement which is 
in recordable form and which specifically references the lien 
granted in this Paragraph, and 3COM shall be entitled to 
record such memorandum at any time prior to the Designated 
Sale Date.

	20.     Not a Partnership, Etc.   NOTHING IN THIS PURCHASE 
AGREEMENT IS INTENDED TO BE OR TO CREATE ANY PARTNERSHIP, 
JOINT VENTURE, OR OTHER JOINT ENTERPRISE BETWEEN BNPLC AND 
3COM.  NEITHER THE EXECUTION OF THIS PURCHASE AGREEMENT NOR 
THE ADMINISTRATION OF THIS PURCHASE AGREEMENT OR OTHER 
DOCUMENTS REFERENCED HEREIN BY BNPLC, NOR ANY OTHER RIGHT, 
DUTY OR OBLIGATION OF BNPLC UNDER OR PURSUANT TO THIS PURCHASE 
AGREEMENT OR SUCH DOCUMENTS IS INTENDED TO BE OR TO CREATE ANY 
FIDUCIARY OBLIGATIONS OF BNPLC TO 3COM.



	IN WITNESS WHEREOF, the parties have executed this 
Agreement as of the date first above written.

			"BNPLC"

					
			BNP LEASING CORPORATION, a Delaware corporation


			By: /s/ Lloyd G. Cox     
			--------------------
				Lloyd G. Cox, Vice President


			"3COM"

					
			3COM CORPORATION, a California corporation


			By: /s/ Christopher B. Paisley     
			------------------------------
				Christopher B. Paisley, 
				Chief Financial Officer


Exhibit A

Legal Description

REAL PROPERTY in the City of Santa Clara, County of Santa 
Clara, State of California, described as follows:

PARCEL ONE:

All of Parcel 1, as shown upon that certain Map entitled, 
"Amended Parcel Map," which Map was filed for record in the 
Office of the Recorder of the County of Santa Clara, State of 
California on December 22, 1983 in Book 523 of Maps, at pages 
7, 8 and 9.

EXCEPTING THEREFROM:

All that certain real property situated in the City of San 
Jose, County of Santa Clara, State of California, being a 
portion of Parcel 1, as shown on the Amended Parcel Map 
recorded in Book 523 of Maps at page 9, Santa Clara County 
Records, being more particularly described as follows:

Beginning at the most Westerly corner of said Parcel 1, being 
on the Northeasterly line of North First Street;

Thence N. 71  56' 56" E., 341.59 feet along the Northerly line 
of said Parcel 1;

Thence S. 37  32' 48" W., 281.82 feet to said Northeasterly 
line of North First Street;

Thence along said Northeasterly line N. 52  27' 37" W., 193.00 
feet to the true point of beginning.

ALSO EXCEPTING THEREFROM:

That portion described in the Grant Deed to the City of San 
Jose, a municipal corporation recorded August 20, 1987 in 
Book K267, page 156 Official Records, and being more 
particularly described as follows:

All that certain real property situate in the City of San 
Jose, County of Santa Clara, State of California, being a 
portion of Parcel 1 as shown on the Amended Parcel Map 
recorded in Book 523 of Maps, at page 9, Santa Clara County 
Records, being also a portion of Parcel 2 as described in the 
deed recorded October 21, 1985 in Book J492 of Official 
Records at page 1703, Santa Clara County Records, being more 
particularly described as follows:

Beginning at the most Southerly corner of the parcel of land 
described in the deed recorded October 21, 1985 at Series 
Number 8564627, Book J492 of Official Records at page 1698, 
Santa Clara County Records;

thence along the Southeasterly line of said parcel described 
in said deed recorded October 21, 1985, N. 37  32' 48" E., 
281.82 feet to the Northwesterly line of said Parcel 2;

thence along said Northwesterly line the following three 
courses:  N. 37  32' 48" E., 20.53 feet;

thence along a curve to the right having a radius of 
300.00 feet through a central angle of 7  12' 34" for an arc 
length of 37.75 feet;

thence N. 44  45' 22" E., 261.02 feet to the Northeasterly 
line of said Parcel 2;

thence along said Northeasterly S 45  14' 38" E., 27.00 feet 
to a line that is parallel with and 27.00 Southeasterly of 
said Northwesterly line;

thence along said parallel line S. 44  45' 22" W., 
261.02 feet;

thence along a curve to the left having a radius of 
273.00 feet through a central angle of 7  12' 34" for an arc 
length of 34.35 feet;

thence S. 37  32' 48" W., 252.35 feet;

thence along a curve to the left having a radius of 50.00 feet 
through a central angle of 90  00' 00" for an arc length of 
78.54 feet to the Northeasterly line of North First Street;

thence along said Northeasterly line N. 52  27' 12" W., 
77.00 feet to the point of beginning.

PARCEL TWO:

All that certain real property situate in the City of San 
Jose, County of Santa Clara, State of California, being a 
portion of that parcel of land described in the Deed recorded 
May 3, 1979 in Book E464 of Official Records at page 51, Santa 
Clara County Records, being more particularly described as 
follows:

Beginning at the most Westerly corner of Parcel 1 as shown on 
the Amended Parcel Map recorded in Book 523 of Maps at page 9, 
Santa Clara County Records, said corner being on the 
Northeasterly line of North First Street;

thence along the Northerly line of said Parcel 1, N. 71  56' 
56" E, 341.59 feet to the true point of beginning;

thence continuing along said Northerly line N. 71  56' 56" E., 
358.60 feet;

thence N. 45  14' 38" W., 168.87 feet;

thence S. 44  45' 22" W., 261.02 feet;

thence along a curve to the left having a radius of 
300.00 feet through a central angle of 7  12' 34" for an arc 
length of 37.75 feet;

thence S. 37  32' 48" W., 20.53 feet to the true point of 
beginning.

EXCEPTING THEREFROM:

That portion described in the Grant Deed to the City of San 
Jose, a municipal corporation recorded August 20, 1987 in 
Book K267, page 156 Official Records, and being more 
particularly described as follows:

All that certain real property situate in the City of San 
Jose, County of Santa Clara, State of California, being a 
portion of Parcel 1 as shown on the Amended Parcel Map 
recorded in Book 523 of Maps, at page 9, Santa Clara County 
Records, being also a portion of Parcel 2 as described in the 
deed recorded October 21, 1985 in Book J492 of Official 
Records at page 1703, Santa Clara County Records, being more 
particularly described as follows:

Beginning at the most Southerly corner of the parcel of land 
described in the deed recorded October 21, 1985 at Series 
Number 8564627, Book J492 of Official Records at page 1698, 
Santa Clara County Records;

thence along the Southeasterly line of said parcel described 
in said deed recorded October 21, 1985, N. 37  32' 48" E., 
281.82 feet to the Northwesterly line of said Parcel 2;

thence along said Northwesterly line the following three 
courses; N. 37  32' 48" E., 20.53 feet;

thence along a curve to the right having a radius of 
300.00 feet through a central angle of 7  12' 34" for an arc 
length of 37.75 feet;

thence N. 44  45' 22" E., 261.02 feet to the Northeasterly 
line of said Parcel 2;

thence along said Northeasterly S 45  14' 38" E., 27.00 feet 
to a line that is parallel with and 27.00 Southeasterly of 
said Northwesterly line;

thence along said parallel line S. 44  45' 22" W., 
261.02 feet;

thence along a curve to the left having a radius of 
273.00 feet through a central angle of 7  12' 34" for an arc 
length of 34.35 feet;

thence S. 37  32' 48" W., 252.35 feet;

thence along a curve to the left having a radius of 50.00 feet 
through a central angle of 90  00' 00" for an arc length of 
78.54 feet to the Northeasterly line of North First Street;

thence along said Northeasterly line N. 52  27' 12" W., 
77.00 feet to the point of beginning.

PARCEL THREE:

Beginning at a 4" x 4" stake marked A.D.C.M.1, standing on the 
Southerly line of the Alviso and Milpitas Road, from which 
stake a stone Monument standing at the point of intersection 
of the South line of the Alviso and Milpitas Road with the 
center line of the San Jose and Alviso Road bears West 
28.14 chains; running thence along the South line of the 
Alviso and Milpitas Road East 38.88 chains to a 4"x4" stake 
marked C.M.N.M.1; thence S. 7  20' E., 7.835 chains to a 4"x4" 
stake marked C.M.N.M.2 standing on the Southerly line of the 
lands formerly belonging to the Estate of John W. Meads; 
thence along said Southerly line S. 88  55' W., 36.74 chains 
to a 4"x4" stake marked M.4; thence S. 59  57' E., 
1.322 chains to a 4" stake marked M.3;

thence S. 71  48' W., 3.35 chains to a 4"x4" stake marked A 
D.C.M. 3; thence N. 1  28' W. 5.02 chains to a 4"x4" stake 
marked A D.C.M.2; thence N. 10  18' W., 5.474 chains to the 
place of beginning, and being Lot 2 as shown on the map 
accompanying the report of the sole commissioner in the 
partition of the Estate of John W. Meads, deceased.

EXCEPTING THEREFROM

A portion of that parcel of land described in the Deed 
recorded September 21, 1966 as Instrument No. 3120626 in 
Book 7512, page 79, Official Records of Santa Clara County, 
said portion being more particularly described as follows:

Commencing at the Northeasterly corner of that parcel of land 
described in the Deed to the State of California, recorded 
November 15, 1957 in Volume 3937, page 635, Official Records 
of Santa Clara County; thence along the Northerly line of said 
parcel (7512 OR 79) S. 89  01' 21" E., 2959.87 feet and N. 74  
49' 08" E., 1314.86 feet to the Easterly line of last said 
parcel; thence along last said line S. 6  22' 52" E., 
76.47 feet; thence S. 80  54' 25" W., 72.96 feet to a line 
parallel with, and distant 67.83 feet Southerly, at right 
angles, from the course described above as "N. 74  49' 08" E., 
1314.86 feet"; thence along said parallel line S. 74  49' 08" 
W., 1034.16 feet; thence along a tangent curve to the right 
with a radius of 1395.00 feet through an angle of 16  09' 31", 
an arc length of 393.42 feet to a line parallel with and 
distant 65.59 feet Southerly, at right angles, from the course 
described above as "S. 89  01' 21" E., 2959.87 feet"; thence 
along last said parallel line N. 89  01' 21" W., 2767.11 feet 
to the Easterly line of said State of California Parcel; 
thence along last said line N. 9  29' 21" W., 66.70 feet to 
the point of commencement, as granted to the State of 
California by Deed recorded February 17, 1970, Series 
No. 3764080, Book 8830, page 352 and Series No. 3764081, 
Book 8830, page 355, Official Records, Santa Clara County.

ALSO EXCEPTING THEREFROM:

All that certain real property situate in the City of San 
Jose, County of Santa Clara, State of California, being a 
portion of the parcel of land described in the Deed recorded 
July 26, 1984 in Book I749 of Official Records, page 539, 
Santa Clara County Records, being more particularly described 
as follows:

Beginning at the most Westerly corner of Parcel 1 as shown on 
the Amended Parcel Map recorded in Book 523 of Maps, at 
page 9, Santa Clara County Records, said corner being on the 
Northeasterly line of North First Street; thence along the 
Northerly line of said Parcel 1, N. 71  56' 56" E., 
787.15 feet to the Westerly line of said Parcel described in 
the said Deed recorded July 26, 1984; thence along said 
Westerly line N. 1  19' 04" W., 327.06 feet to the true point 
of beginning; thence continuing along said Westerly line N. 1  
19' 04" W., 4.26 feet; thence N. 10  16' 10" W., 261.37 feet; 
thence leaving said Westerly line S. 89  50' 02" E., 
218.46 feet; thence S. 0  09' 58" W., 88.17 feet; thence 
Southwesterly along a non-tangent curve to the left having a 
radius of 325.00 feet whose radius point bears S. 43  03' 16" 
E., through a central angle of 2  11' 22" for an arc length of 
12.42 feet; thence S. 44  45' 22" W., 230.93 feet to the true 
point of beginning.

ALSO EXCEPTING THEREFROM:

That portion described in the Grant Deed to The City of San 
Jose, a municipal corporation, recorded August 20, 1987 in 
Book K267, page 162 Official Records, and being more 
particularly described as follows:

All that certain real property situate in the City of San 
Jose, County of Santa Clara, State of California, being a 
portion of the parcel of land described in the Deed recorded 
July 26, 1984 in Book I749 of Official Records, at page 539, 
Santa Clara County Records, being also a portion of the 
Parcel 4 as described in the Deed recorded October 21, 1985 in 
Book J492 of Official Records at page 1713, Santa Clara County 
Records, being more particularly described as follows:

Beginning at the most Westerly corner of said Parcel 4;

thence along the Northwesterly line of said Parcel 4, N. 44  
45' 22" E., 278.16 feet to the Westerly line of said parcel 
described in said Deed recorded July 26, 1984;

thence along said Westerly line N. 1  19' 04" W., 37.49 feet 
to the Southeasterly line of Parcel 3 as described in the deed 
recorded October 21, 1985 in Book J492 of Official Records, at 
page 1708, Santa Clara County Records;

thence along said Southeasterly line N. 44  45' 22" E., 
230.93 feet;

thence Northeasterly along a curve to the right having a 
radius at 325.00 feet through a central angle of 45  24' 36" 
for an arc length of 257.58 feet;

thence S. 89  50' 02" E., 2099.12 feet;

thence along a curve to the left, having a radius of 
2000.00 feet, through a central angle of 6  03' 43" for an arc 
length of 211.60 feet;

thence N. 84  06' 15" E., 709.89 feet;

thence along a curve to the right having a radius of 
350.00 feet through a central angle of 31  13' 08" for an arc 
length of 190.71 feet;

thence S. 64  40' 37" E., 358.91 feet;

thence along a curve to the right having a radius of 
226.00 feet through a central angle of 42  17' 12" for an arc 
length of 166.80 feet to a point of reverse curvature;

thence along a curve to the left having a radius 173.00 feet 
through a central angle of 55  40' 26" for an arc length of 
168.10 feet to a point of compound curvature;

thence along a curve, to the left having a radius of 
43.00 feet through a central angle of 106  08' 43" for an arc 
length of 79.66 feet to a point of reverse curvature;

thence along a curve to the right having a radius of 
1065.00 feet through a central angle of 2  47' 46" for an arc 
length of 51.97 feet;

thence N. 1  24' 49" W, 358.65 feet;

thence along a curve to the left having a radius of 
931.00 feet through a central angle of 1  55' 58" for an arc 
length of 31.40 feet to a point on the Westerly line of Zanker 
Road;

thence along said Westerly line S 7  05' 54" E., 546.38 feet 
to the Southerly line of said parcel described in said deed 
recorded July 26, 1984;

thence along said Southerly line S. 88  44' 54" W., 
72.55 feet;

thence Northwesterly along a non-tangent curve to the right 
having a radius of 226.00 feet whose radius point bears N. 0  
26' 07" E., through a central angle of 67  10' 28" for an arc 
length of 264.97 feet to a point of reverse curvature;

thence along a curve to the left having a radius of 
173.00 feet through a central angle of 42  17' 12" for an arc 
length of 127.68 feet;

thence N. 64  40' 37" W., 358.91 feet;

thence along a curve to the left having a radius of 
297.00 feet through a central angle of 31  13' 08" for an arc 
length of 161.83 feet;

thence S. 84  06' 15" W., 709.89 feet;

thence along a curve to the right having a radius of 
2053.00 feet through a central angle of 6  03' 43" for an arc 
length of 217.71 feet;

thence N. 89  50' 02" W., 1574.68 feet;

thence along a curve to the left having a radius of 50.00 feet 
through a central angle of 90  00' 00" for an arc length of 
78.54 feet;

thence S. 0  09' 58" W., 247.88 feet;

thence along curve to the right having a radius of 177.00 feet 
through a central angle of 37  22' 50" for an arc length of 
115.48 feet to said Southerly line, being also the 
Northwesterly corner of Parcel 1 shown on the Parcel Map 
recorded in Book 531 of Maps at page 42 Santa Clara County 
Records;

thence along said Southerly line S. 88  44' 54" W., 
69.29 feet;

thence leaving said line N. 37  32' 48" E., 43.41 feet;

thence along a curve to the left having a radius of 
123.00 feet through a central angle of 37  22' 50" for an arc 
length of 80.25 feet;

thence N. 0  09' 58" E., 247.88 feet;

thence along a curve to the left having a radius of 50.00 feet 
through a central angle of 90  00' 00" for an arc length of 
78.54 feet;

thence N. 89  50' 02" W., 365.69 feet;

thence along a curve to the left having a radius of 
280.00 feet through a central angle of 45  24' 36" for an arc 
length of 221.92 feet;

thence S. 44  45' 22" W., 532.74 feet to the Southwesterly 
line of said Parcel 4;

thence along said Southwesterly N. 45  14' 38" W., 27.00 feet 
to the point of beginning.

ALSO EXCEPTING THEREFROM:

That portion thereof as shown in that Final Order of 
Condemnation recorded March 30, 1994 in Book N373, page 560, 
Official Records and all that portion lying thereof and being 
more particularly described as follows:

All that certain real property situate in the City of San 
Jose, County of Santa Clara, described as follows:

Beginning at the Northwest corner of Parcel 3 as described in 
the Deed from Highway 237 Associates, a California general 
partnership, to John Arrillaga, et al, recorded October 21, 
1985 in Book J492 of Official Records, at page 1708, Santa 
Clara County Records; thence from said point of beginning, 
along the Northerly prolongation of the Westerly line of said 
Parcel 3 N. 9  29' 16" W., 11.25 feet; thence leaving said 
Northerly prolongation N. 88  43' 01" E., 202.59 feet; thence 
N. 89  49' 56" E. 330.95 feet; thence N. 0  58' 44" E., 
6.61 feet to a point in the Southerly line of that certain 
6.465 acre parcel described in the Deed from Edward S.J. Cali, 
et al, to the State of California; recorded February 17, 1970 
in Book 8830 of Official Records at page 352 Santa Clara 
County Records; thence along said Southerly line S 89  01' 16" 
E., 1954.77 feet; thence leaving said Southerly line S. 86  
14' 18" E., 317.01 feet to a point in the general Northerly 
line of the 6.474 acre parcel described in the Deed from 
Metropolitan Life Insurance Company, a New York corporation to 
the City of San Jose, a municipal corporation of the State of 
California recorded August 20, 1987 in Book K267 of Official 
Records at page 162 Santa Clara County Records; thence along 
said general Northerly line the following courses: S 84  55' 
33" W. 51.74 feet; from a tangent bearing of S. 84  54' 26" W. 
along a curve to the right with a radius of 1999.89 feet, 
through a central angle of 6  03' 42" for an arc length of 
211.58 feet; N. 89  01' 32" W. 2099.03 feet; and from a 
tangent bearing of N. 89  01' 57" W., along a curve to the 
left with a radius of 324.98 feet, through a central angle of 
43  13' 13" for an arc length of 245.14 feet to the 
Southeasterly corner of said Parcel 3; thence along the 
Easterly line of said Parcel 3 N. 0  58' 29" E., 88.17 feet to 
the Northeast corner of said Parcel 3; thence along the 
Northerly line of said Parcel 3 N. 89  01' 31" W., 218.48 feet 
to the point of beginning.

ALSO EXCEPTING THEREFROM:

Beginning at the Southwest corner of that certain 6.465 acre 
parcel of land described in the Deed from Edward S.J. Cali, et 
al to the State of California recorded February 17, 1970 in 
Book 8830 of Official Records at page 352, Santa Clara County 
Records; thence from said point of beginning, along the 
Southerly line of said 6.465 acre parcel S. 89  01' 16" E. 
537.24 feet; thence leaving said Southerly line, at right 
angles, S 0  58' 44" W. 6.61 feet; thence S. 89  49' 56" W. 
330.95 feet; thence S. 88  43' 01" W. 202.59 feet to a point 
in the Southerly prolongation of the Westerly line of said 
6.465 acre parcel; thence along said Southerly prolongation N. 
9  29' 16" W., 21.59 feet to the point of beginning.

PARCEL FOUR:

All that certain real property situate in the City of San 
Jose, County of Santa Clara, State of California, being a 
portion of that parcel of land described in the Deed recorded 
May 3, 1979 in Book E464 of Official Records, at page 51, 
Santa Clara County Records, being more particularly described 
as follows:

Beginning at the most Westerly corner of Parcel 1 as shown on 
the Amended Parcel Map recorded in Book 523 of Maps, at 
page 9, Santa Clara County Records, said corner being on the 
Northeasterly line of North First Street; thence along the 
Northerly line of said Parcel 1, N. 71  56' 56" E., 
700.27 feet to the true point of beginning; thence continuing 
along said Northerly line N. 71  56' 56" E., 86.88 feet to the 
Easterly line of said parcel of land described in the Deed 
recorded May 3, 1979; thence along said Easterly line N. 1  
19' 04" W., 289.58 feet; thence leaving said Easterly line S. 
44  45' 22" W. 278.16 feet; thence S. 45  14' 38: E., 
168.87 feet to the true point of beginning.

EXCEPTING THEREFROM:

That portion described in the Grant Deed to The City of San 
Jose, a municipal corporation, recorded August 20, 1987 in 
Book K267, page 162 Official Records, and being more 
particularly described as follows:

All that certain real property situate in the City of San 
Jose, County of Santa Clara, State of California, being a 
portion of the parcel of land described in the Deed recorded 
July 26, 1984 in Book I749 of Official Records, at page 539, 
Santa Clara County Records, being also a portion of the 
Parcel 4 as described in the Deed recorded October 21, 1985 in 
Book J492 of Official Records at page 1713, Santa Clara County 
Records, being more particularly described as follows:

Beginning at the most Westerly corner of said Parcel 4;

thence along the Northwesterly line of said Parcel 4, N. 44  
45' 22" E., 278.16 feet to the Westerly line of said parcel 
described in said Deed recorded July 26, 1984;

thence along said Westerly line N. 1  19' 04" W., 37.49 feet 
to the Southeasterly line of Parcel 3 as described in the deed 
recorded October 21, 1985 in Book J492 of Official Records, at 
page 1708, Santa Clara County Records;

thence along said Southeasterly line N. 44  45' 22" E., 
230.93 feet;

thence Northeasterly along a curve to the right having a 
radius at 325.00 feet through a central angle of 45  24' 36" 
for an arc length of 257.58 feet;

thence S. 89  50' 02" E., 2099.12 feet;

thence along a curve to the left, having a radius of 
2000.00 feet, through a central angle of 6  03' 43" for an arc 
length of 211.60 feet;

thence N. 84  06' 15" E., 709.89 feet;

thence along a curve to the right having a radius of 
350.00 feet through a central angle of 31  13' 08" for an arc 
length of 190.71 feet;

thence S. 64  40' 37" E., 358.91 feet;

thence along a curve to the right having a radius of 
226.00 feet through a central angle of 42  17' 12" for an arc 
length of 166.80 feet to a point of reverse curvature;

thence along a curve to the left having a radius 173.00 feet 
through a central angle of 55  40' 26" for an arc length of 
168.10 feet to a point of compound curvature;

thence along a curve, to the left having a radius of 
43.00 feet through a central angle of 106  08' 43" for an arc 
length of 79.66 feet to a point of reverse curvature;

thence along a curve to the right having a radius of 
1065.00 feet through a central angle of 2  47' 46" for an arc 
length of 51.97 feet;

thence N. 1  24' 49" W, 358.65 feet;

thence along a curve to the left having a radius of 
931.00 feet through a central angle of 1  55' 58" for an arc 
length of 31.40 feet to a point on the Westerly line of Zanker 
Road;

thence along said Westerly line S 7  05' 54" E., 546.38 feet 
to the Southerly line of said Parcel described in said deed 
recorded July 26, 1984;

thence along said Southerly line S. 88  44' 54" W., 72.55 
feet;

thence Northwesterly along a non-tangent curve to the right 
having a radius of 226.00 feet whose radius point bears N. 0  
26' 07" E., through a central angle of 67  10' 28" for an arc 
length of 264.97 feet to a point of reverse curvature;

thence along a curve to the left having a radius of 
173.00 feet through a central angle of 42  17' 12" for an arc 
length of 127.68 feet;

thence N. 64  40' 37" W 358.91 feet;

thence along a curve to the left having a radius of 
297.00 feet through a central angle of 31  13' 08" for an arc 
length of 161.83 feet;

thence S. 84  06' 15" W., 709.89 feet;

thence along a curve to the right having a radius of 
2053.00 feet through a central angle of 6  03' 43" for an arc 
length of 217.71 feet;

thence N. 89  50' 02" W., 1574.68 feet;

thence along a curve to the left having a radius of 50.00 feet 
through a central angle of 90  00' 00" for an arc length of 
78.54 feet;

thence S. 0  09' 58" W., 247.88 feet;

thence along curve to the right having a radius of 177.00 feet 
through a central angle of 37  22' 50" for an arc length of 
115.48 feet to said Southerly line, being also the 
Northwesterly corner of Parcel 1 shown on the Parcel Map 
recorded in Book 531 of Maps at page 42 Santa Clara County 
Records;

thence along said Southerly line S. 88  44' 54" W. 69.29 feet;

thence leaving said line N. 37  32' 48" E., 43.41 feet;

thence along said Southerly line S. 88  44' 54" W., 
69.29 feet;

thence leaving said line N. 37  32' 48" E., 43.41 feet;

thence along a curve to the left having a radius of 
123.00 feet through a central angle of 37  22' 50" for an arc 
length of 80.25 feet;

thence N. 0  09' 58" E., 247.88 feet;

thence along a curve to the left having a radius of 50.00 feet 
through a central angle of 90  00' 00" for an arc length of 
78.54 feet;

thence N. 89  50' 02" W., 365.69 feet;

thence along a curve to the left having a radius of 
280.00 feet through a central angle of 45  24' 36" for an arc 
length of 221.92 feet;

thence S. 44  45' 22" W., 532.74 feet to the Southwesterly 
line of said Parcel 4;

thence along said Southwesterly N. 45  14' 38" W., 27.00 feet 
to the point of beginning.

PARCEL FIVE:

Beginning at a 4'x4' stake marked C.M.N.M.1., standing on the 
Southerly line of the Alviso and Milpitas Road, from which 
stake a stone monument standing at the point of intersection 
of the Southerly line of the Alviso and Milpitas Road with the 
center line of the San Jose and Alviso Road bears West 
67.02 chains; running thence along the South line of the 
Alviso and Milpitas Road East 5.955 chains to a 4'x4' stake 
marked M; thence still along the Southeasterly line of the 
Alviso and Milpitas Road N. 73  54' E., 19.93 chains to a 
fence post marked W.P. standing in fence line on the Westerly 
line of lands now or formerly of Boots; thence along said 
fence S. 7  15' E., 12.77 chains to a stake marked M.1.; 
thence along the fence along the Northerly line of the lands 
now or formerly of Nicholson, S. 88  55' W., 25.727 chains to 
a 4'x4' stake marked C.M.N.M.2; thence N. 7  20' W., 
7.835 chains to the place of beginning, and being Lot 3 as 
shown on the Map accompanying the report of the sole 
commissioner in the partition of the Estate of John W. Meads, 
deceased.

Excepting therefrom a portion of that parcel of land described 
in the Deed recorded September 2, 1966 as instrument 
No. 3120626 in Book 7512, page 79, Official Records of Santa 
Clara County, said portion being more particularly described 
as follows:

Commencing at the Northeasterly corner of that parcel of land 
described in the Deed to the State of California, recorded 
November 15, 1957 in Volume 3937, page 635, Official Records 
of Santa Clara County; thence along the Northerly line of said 
Parcel (7512 or 79) S. 89  01' 21" E., 2959.87 feet and N. 74  
49' 08" E., 1314.86 feet to the Easterly line of last said 
parcel; thence along last said line S. 6  22' 52" E., 
76.47 feet; thence S. 80  54' 25" W., 72.96 feet to a line 
parallel with, and distant 67.83 feet Southerly, at right 
angles, from the course described above as "N. 74  49' 08" E., 
1314.86 feet"; thence along said parallel line S. 74  49' 08" 
W., 1034.16 feet; thence along a tangent curve to the right 
with a radius of 1395.00 feet through an angle of 16  09' 31", 
an arc length of 393.42 feet to a line parallel with and 
distant 65.59 feet Southerly, at right angles, from the course 
described above as "S. 89  01' 21" E., 2959.87 feet"; thence 
along last said parallel line N. 89  01' 21" W., 2767.11 feet 
to the Easterly line of said State of California; thence along 
last said line N. 9  29' 21" W., 66.70 feet to the point of 
commencement, as granted to the State of California by Deed 
recorded February 17, 1970, Series No. 3764080, Book 8830, 
page 352 and Series No. 3764081, Book 8830, page 355, Official 
Records, Santa Clara County.

The bearings and distances used in the above excepted 
description are on the California System Zone 3.  Multiply the 
above distances by 1.0000530 to obtain ground level distances.

ALSO EXCEPTING THEREFROM:

That portion described in the Grant Deed to The City of San 
Jose, a municipal corporation, recorded August 20, 1987 in 
Book K267, page 162 Official Records, and being more 
particularly described as follows:

All that certain real property situate in the City of San 
Jose, County of Santa Clara, State of California, being a 
portion of the parcel of land described in the Deed recorded 
July 26, 1984 in Book I749 of Official Records, at page 539, 
Santa Clara County Records, being also a portion of the 
Parcel 4 as described in the Deed recorded October 21, 1985 in 
Book J492 of Official Records at page 1713, Santa Clara County 
Records, being more particularly described as follows:

Beginning at the most Westerly corner of said Parcel 4;

thence along the Northwesterly line of said Parcel 4, N. 44  
45' 22" E., 278.16 feet to the Westerly line of said parcel 
described in said Deed recorded July 26, 1984;

thence along said Westerly line N. 1  19' 04" W., 37.49 feet 
to the Southeasterly line of Parcel 3 as described in the deed 
recorded October 21, 1985 in Book J492 of Official Records, at 
page 1708, Santa Clara County Records;

thence along said Southeasterly line N. 44  45' 22" E., 
230.93 feet;

thence Northeasterly along a curve to the right having a 
radius at 325.00 feet through a central angle of 45  24' 36" 
for an arc length of 257.58 feet;

thence S. 89  50' 02" E., 2099.12 feet;

thence along a curve to the left, having a radius of 
2000.00 feet, through a central angle of 6  03' 43" for an arc 
length of 211.60 feet;

thence N. 84  06' 15" E., 709.89 feet;

thence along a curve to the right having a radius of 
350.00 feet through a central angle of 31  13' 08" for an arc 
length of 190.71 feet;

thence S. 64  40' 37" E., 358.91 feet;

thence along a curve to the right having a radius of 
226.00 feet through a central angle of 42  17' 12" for an arc 
length of 166.80 feet to a point of reverse curvature;

thence along a curve lo the left having a radius 173.00 feet 
through a central angle of 55  40' 26" for an arc length of 
168.10 feet to a point of compound curvature;

thence along a curve, to the left having a radius of 
43.00 feet through a central angle of 106  08' 43" for an arc 
length of 79.66 feet to a point of reverse curvature;

thence along a curve to the right having a radius of 
1065.00 feet through a central angle of 2  47' 46" for an arc 
length of 51.97 feet;

thence N. 1  24' 49" W, 358.65 feet;

thence along a curve to the left having a radius of 
931.00 feet through a central angle of 1  55' 58" for an arc 
length of 31.40 feet to a point on the Westerly line of Zanker 
Road;

thence along said Westerly line S 7  05' 54" E., 546.38 feet 
to the Southerly line of said parcel described in said deed 
recorded July 26, 1984;

thence along said Southerly line S. 88  44' 54" W., 
72.55 feet;

thence Northwesterly along a non-tangent curve to the right 
having a radius of 226.00 feet whose radius point bears N. 0  
26' 07" E., through a central angle of 67  10' 28" for an arc 
length of 264.97 feet to a point of reverse curvature;

thence along a curve to the left having a radius of 
173.00 feet through a central angle of 42  17' 12" for an arc 
length of 127.68 feet;

thence N. 64  40' 37" W. 358.91 feet;

thence along a curve to the left having a radius of 
297.00 feet through a central angle of 31  13' 08" for an arc 
length of 161.83 feet;

thence S. 84  06' 15" W., 709.89 feet;

thence along a curve to the right having a radius of 
2053.00 feet through a central angle of 6  03' 43" for an arc 
length of 217.71 feet;

thence N. 89  50' 02" W., 1574.68 feet;

thence along a curve to the left having a radius of 50.00 feet 
through a central angle of 90  00' 00" for an arc length of 
78.54 feet;

thence S. 0  09' 58" W., 247.88 feet;

thence along curve to the right having a radius of 177.00 feet 
through a central angle of 37  22' 50" for an arc length of 
115.48 feet to said Southerly line, being also the 
Northwesterly corner of Parcel 1 shown on the Parcel Map 
recorded in Book 531 of Maps at page 42 Santa Clara County 
Records;

thence along said Southerly line S. 88  44' 54" W., 
69.29 feet;

thence leaving said line N. 37  32' 48" E., 43.41 feet;

thence along a curve to the left having a radius of 
123.00 feet through a central angle of 37  22' 50" for an arc 
length of 80.25 feet;

thence N. 0  09' 58" E., 247.88 feet;

thence along a curve to the left having a radius of 50.00 feet 
through a central angle of 90  00' 00" for an arc length of 
78.54 feet;

thence N. 89  50' 02" W., 365.69 feet;

thence along a curve to the left having a radius of 
280.00 feet through a central angle of 45  24' 36" for an arc 
length of 221.92 feet;

thence S. 44  45' 22" W., 532.74 feet to the Southwesterly 
line of said Parcel 4;

thence along said Southwesterly N. 45  14' 38" W., 27.00 feet 
to the point of beginning.

ALSO EXCEPTING THEREFROM:

That portion described in the Grant Deed to The City of San 
Jose, a municipal corporation, recorded August 20, 1987 in 
Book K267, page 162 Official Records, and being more 
particularly described as follows:

All that certain real property situate in the City of San 
Jose, County of Santa Clara, State of California being a 
portion of the parcel of land described in the Deed recorded 
July 26, 1984 in Book I749 of Official Records, at page 539, 
Santa Clara County Records, being more particularly described 
as follows:

Beginning at the Northeasterly corner of said parcel, said 
corner being on the Westerly line of Zanker Road and Southerly 
line of Highway 237;

thence along the Easterly line of said Parcel, S. 7  05' 54" 
E. 99.01 feet;

thence Northerly along a non-tangent curve to the left having 
a radius of 931.00 feet whose radius point bears S. 79  08' 
59" W. through a central angle of 3  39' 23" for an arc length 
of 59.41 feet to a point of compound curvature;

thence along a curve to the left having a radius of 43.00 feet 
through a central angle of 85  24' 20" for an arc length of 
64.10 feet to the Northerly line of said Parcel;

thence along said Northerly line N. 60  05' 16" E, 50.59 feet 
to the point of beginning.

ALSO EXCEPTING THEREFROM:

That portion thereof as shown in that Final Order of 
Condemnation recorded March 30, 1994 in Book N373, page 560, 
Official Records and all that portion lying thereof and being 
more particularly described as follows:

All that certain real property situate in the City of San 
Jose, County of Santa Clara, described as follows:

Beginning at the Northwest corner of Parcel 3 as described in 
the Deed from Highway 237 Associates, a California general 
partnership, to John Arrillaga, et al, recorded October 21, 
1985 in Book J492 of Official Records, at page 1708, Santa 
Clara County Records; thence from said point of beginning, 
along the Northerly prolongation of the Westerly line of said 
Parcel 3, N. 9  29' 16" W., 11.25 feet; thence leaving said 
Northerly prolongation N. 88  43' 01" E., 202.59 feet; thence 
N. 89  49' 56" E. 330.95 feet; thence N. 0  58' 44" E., 
6.61 feet to a point in the Southerly line of that certain 
6.465 acre parcel described in the Deed from Edward S.J. Cali, 
et al, to the State of California; recorded February 17, 1970 
in Book 8830 of Official Records at page 352 Santa Clara 
County Records; thence along said Southerly line S 89  01' 16" 
E., 1954.77 feet; thence leaving said Southerly line S. 86  
14' 18" E., 317.01 feet to a point in the general Northerly 
line of the 6.474 acre parcel described in the Deed from 
Metropolitan Life Insurance Company, a New York corporation to 
the City of San Jose, a municipal corporation of the State of 
California recorded August 20, 1987 in Book K267 of Official 
Records at page 162 Santa Clara County Records; thence along 
said general Northerly line the
following courses; S 84  55' 33" W. 51.74 feet; from a tangent 
bearing of S. 84  64' 26" W. along a curve to the right with a 
radius of 1999.89 feet, through a central angle of 6  03' 42" 
for an arc length of 211.58 feet N. 89  01' 32" W. 
2099.03 feet and from a tangent bearing of N. 89  01' 57" W., 
along a curve to the left with a radius of 324.98 feet, 
through a central angle of 43  13' 13" for an arc length of 
245.14 feet to the Southeasterly corner of said Parcel 3; 
thence along the Easterly line of said Parcel 3 N. 0  58' 29" 
E., 88.17 feet to the Northeast corner of said Parcel 3; 
thence along the Northerly line of said Parcel 3 N. 89  01' 
31" W., 218.48 feet to the point of beginning.

ALSO EXCEPTING THEREFROM:

That portion thereof as shown in that Final Order of 
Condemnation recorded March 30, 1994 in Book N373, page 560, 
Official Records and all that portion lying thereof and being 
more particularly described as follows:

Beginning at the Northwest corner of that certain 0.019 acre 
parcel described in the Deed from Metropolitan Life Insurance 
Company, a New York Corporation, to the City of San Jose, a 
municipal corporation of the State of California, recorded 
August 20, 1987 in Book K267 of Official Records at page 162 
Santa Clara County Records; thence from said point of 
beginning, along the Southerly line of that certain 6.465 acre 
parcel of land described in the Deed from Edward S.J. Cali, et 
al to the State of California, recorded February 17, 1970 in 
Book 8830 of Official Records at page 352 Santa Clara County 
Records, the following courses:  S 80  55' 58" W. 
1034.16 feet; along a tangent curve to the right with a radius 
of 1395.00 feet, through a central angle of 16  09' 23" for an 
arc length of 393.37 feet and N. 89  01' 16" W. 275.13 feet; 
thence leaving said Southerly line S. 86  14' 18" E. 
317.01 feet to a point in a Northerly line of that certain 
6.474 acre parcel described in said Deed to the City of San 
Jose; thence along said Northerly line the following courses: 
 N. 84  55' 33" E. 658.09 feet and along a tangent curve to 
the right with a radius of 349.98 feet, through a central 
angle of 0  20' 33" for an arc length of 2.09 feet; thence 
leaving said Northerly line N. 85  16' 06" E. 587.33 feet; 
thence along a tangent curve to the right with a radius of 
15.00 feet, through a central angle of 75  05' 51" for an arc 
length of 19.66 feet; thence S. 19  35' 03" E. 467.07 feet; 
thence S. 49  41' 05 W. 25.15 feet to a point in said 
Northerly line; thence along said Northerly line and a 
Westerly line of said 6.474 acre parcel the following courses: 
 from a tangent bearing of S. 77  14' 33" E along a curve to 
the left with a radius of 43.00 feet, through a central angle 
of 106  08' 43" for an arc length of 79.66 feet to a point of 
reverse curvature; thence along a tangent curve to the right 
with a radius of 1064.94 feet, through a central angle of 2  
47' 46" for an arc length of 51.97 feet; thence N. 0  35' 30" 
W. 358.63 feet; thence along a tangent curve to the left with 
a radius of 830.95 feet, through a central angle of 1  55' 59" 
for an arc length of 31.41 feet to the Northeast corner of 
said 6.474 acre parcel; thence along the Northerly 
prolongation of the Easterly line of said 6.474 acre parcel N. 
6  16' 05" W. 121.98 feet to the most Southerly corner of said 
0.019 acre parcel; thence along the Westerly line of said 
0.019 acre parcel the following courses:  from a tangent 
bearing of N. 10  01' 13" W. along a curve to the left with a 
radius of 930.95 feet, through a central angle of 3  39' 22" 
for an arc length of 59.41 feet; thence from a tangent bearing 
of N. 13  40' 35" W. along a curve to the left with a radius 
of 43.00 feet, through a central angle of 85  23' 27" for an 
arc length of 64.09 feet to the point of beginning.

PARCEL SIX:

All of Parcel Two as shown upon that Parcel Map which filed 
for record in the Office of the Recorder of the County of 
Santa Clara, State of California on July 13, 1984 in Book 531 
of Maps, at pages 41 and 42.


APN:    097-03-59,79,80,84,85,86,87,88,90,93,102,103,104
ARB:    097-3-x5,x6,8,9,x15,x16,20,21,25.1,25.2



Exhibit B


CORPORATION GRANT DEED



RECORDING REQUESTED BY
AND WHEN RECORDED MAIL TO:

NAME:   [3Com Corporation or the Applicable Purchaser]
ADDRESS:___________________
ATTN:   ___________________
CITY:   ___________________
STATE:  ___________________
Zip:    ___________________

MAIL TAX STATEMENTS TO:

NAME:   [3Com Corporation or the Applicable Purchaser]
ADDRESS:___________________
ATTN:   ___________________
CITY:   ___________________
STATE:  ___________________
Zip:    ___________________

CORPORATION GRANT DEED

FOR A VALUABLE CONSIDERATION, receipt of which is hereby 
acknowledged, BNP LEASING CORPORATION, a Delaware corporation 
("BNPLC"), hereby grants to [3COM or the Applicable Purchaser] 
all of BNPLC's interest in the land situated in the County of 
Santa Clara, State of California, described on Annex A 
attached hereto and hereby made a part hereof, together with 
the improvements currently located on such land and any 
easements, rights-of-way, privileges, appurtenances and other 
rights pertaining to such land; provided, however, that this 
grant is subject to the following, as well as the Permitted 
Encumbrances described on Annex B:

1.      Real Estate Taxes not yet due and payable;
2.      General or Special Assessments due and payable 
after the date hereof; and
3.      Encroachments, variations in area or in 
measurements, boundary line disputes, roadways and 
other matters not of record which would be disclosed by 
a survey and inspection of the property conveyed 
hereby.



								
				BNP LEASING CORPORATION



Date: As of ____________        By:___________________________________  
				Its:                        Vice President



							
				Attest:_______________________________ 
				Its:               Assistant Secretary





STATE OF TEXAS             )
			)  SS
COUNTY OF DALLAS        )


	On _______________ before me,________________, personally appeared          
____________________ and _______________________________, personally known
to me (or proved to me on the basis of satisfactory evidence) to be the
persons whose names are subscribed to the within instrument and acknowledged
to me that they executed the same in their authorized capacities, and that
by their signatures on the instrument the person, or the entity upon behalf
of which the persons acted, executed the instrument.

	WITNESS my hand and official seal.




Signature _____________________________                                



Annex A

LEGAL DESCRIPTION

REAL PROPERTY in the City of Santa Clara, County of Santa 
Clara, State of California, described as follows:

PARCEL ONE:

All of Parcel 1, as shown upon that certain Map entitled, 
"Amended Parcel Map," which Map was filed for record in the 
Office of the Recorder of the County of Santa Clara, State of 
California on December 22, 1983 in Book 523 of Maps, at pages 
7, 8 and 9.

EXCEPTING THEREFROM:

All that certain real property situated in the City of San 
Jose, County of Santa Clara, State of California, being a 
portion of Parcel 1, as shown on the Amended Parcel Map 
recorded in Book 523 of Maps at page 9, Santa Clara County 
Records, being more particularly described as follows:

Beginning at the most Westerly corner of said Parcel 1, being 
on the Northeasterly line of North First Street;

Thence N. 71  56' 56" E., 341.59 feet along the Northerly line 
of said Parcel 1;

Thence S. 37  32' 48" W., 281.82 feet to said Northeasterly 
line of North First Street;

Thence along said Northeasterly line N. 52  27' 37" W., 193.00 
feet to the true point of beginning.

ALSO EXCEPTING THEREFROM:

That portion described in the Grant Deed to the City of San 
Jose, a municipal corporation recorded August 20, 1987 in 
Book K267, page 156 Official Records, and being more 
particularly described as follows:

All that certain real property situate in the City of San 
Jose, County of Santa Clara, State of California, being a 
portion of Parcel 1 as shown on the Amended Parcel Map 
recorded in Book 523 of Maps, at page 9, Santa Clara County 
Records, being also a portion of Parcel 2 as described in the 
deed recorded October 21, 1985 in Book J492 of Official 
Records at page 1703, Santa Clara County Records, being more 
particularly described as follows:

Beginning at the most Southerly corner of the parcel of land 
described in the deed recorded October 21, 1985 at Series 
Number 8564627, Book J492 of Official Records at page 1698, 
Santa Clara County Records;

thence along the Southeasterly line of said parcel described 
in said deed recorded October 21, 1985, N. 37  32' 48" E., 
281.82 feet to the Northwesterly line of said Parcel 2;

thence along said Northwesterly line the following three 
courses:  N. 37  32' 48" E., 20.53 feet;

thence along a curve to the right having a radius of 
300.00 feet through a central angle of 7  12' 34" for an arc 
length of 37.75 feet;

thence N. 44  45' 22" E., 261.02 feet to the Northeasterly 
line of said Parcel 2;

thence along said Northeasterly S 45  14' 38" E., 27.00 feet 
to a line that is parallel with and 27.00 Southeasterly of 
said Northwesterly line;

thence along said parallel line S. 44  45' 22" W., 
261.02 feet;

thence along a curve to the left having a radius of 
273.00 feet through a central angle of 7  12' 34" for an arc 
length of 34.35 feet;

thence S. 37  32' 48" W., 252.35 feet;

thence along a curve to the left having a radius of 50.00 feet 
through a central angle of 90  00' 00" for an arc length of 
78.54 feet to the Northeasterly line of North First Street;

thence along said Northeasterly line N. 52  27' 12" W., 
77.00 feet to the point of beginning.

PARCEL TWO:

All that certain real property situate in the City of San 
Jose, County of Santa Clara, State of California, being a 
portion of that parcel of land described in the Deed recorded 
May 3, 1979 in Book E464 of Official Records at page 51, Santa 
Clara County Records, being more particularly described as 
follows:

Beginning at the most Westerly corner of Parcel 1 as shown on 
the Amended Parcel Map recorded in Book 523 of Maps at page 9, 
Santa Clara County Records, said corner being on the 
Northeasterly line of North First Street;

thence along the Northerly line of said Parcel 1, N. 71  56' 
56" E, 341.59 feet to the true point of beginning;

thence continuing along said Northerly line N. 71  56' 56" E., 
358.60 feet;

thence N. 45  14' 38" W., 168.87 feet;

thence S. 44  45' 22" W., 261.02 feet;

thence along a curve to the left having a radius of 
300.00 feet through a central angle of 7  12' 34" for an arc 
length of 37.75 feet;

thence S. 37  32' 48" W., 20.53 feet to the true point of 
beginning.

EXCEPTING THEREFROM:

That portion described in the Grant Deed to the City of San 
Jose, a municipal corporation recorded August 20, 1987 in 
Book K267, page 156 Official Records, and being more 
particularly described as follows:

All that certain real property situate in the City of San 
Jose, County of Santa Clara, State of California, being a 
portion of Parcel 1 as shown on the Amended Parcel Map 
recorded in Book 523 of Maps, at page 9, Santa Clara County 
Records, being also a portion of Parcel 2 as described in the 
deed recorded October 21, 1985 in Book J492 of Official 
Records at page 1703, Santa Clara County Records, being more 
particularly described as follows:

Beginning at the most Southerly corner of the parcel of land 
described in the deed recorded October 21, 1985 at Series 
Number 8564627, Book J492 of Official Records at page 1698, 
Santa Clara County Records;

thence along the Southeasterly line of said parcel described 
in said deed recorded October 21, 1985, N. 37  32' 48" E., 
281.82 feet to the Northwesterly line of said Parcel 2;

thence along said Northwesterly line the following three 
courses; N. 37  32' 48" E., 20.53 feet;

thence along a curve to the right having a radius of 
300.00 feet through a central angle of 7  12' 34" for an arc 
length of 37.75 feet;

thence N. 44  45' 22" E., 261.02 feet to the Northeasterly 
line of said Parcel 2;

thence along said Northeasterly S 45  14' 38" E., 27.00 feet 
to a line that is parallel with and 27.00 Southeasterly of 
said Northwesterly line;

thence along said parallel line S. 44  45' 22" W., 
261.02 feet;

thence along a curve to the left having a radius of 
273.00 feet through a central angle of 7  12' 34" for an arc 
length of 34.35 feet;

thence S. 37  32' 48" W., 252.35 feet;

thence along a curve to the left having a radius of 50.00 feet 
through a central angle of 90  00' 00" for an arc length of 
78.54 feet to the Northeasterly line of North First Street;

thence along said Northeasterly line N. 52  27' 12" W., 
77.00 feet to the point of beginning.

PARCEL THREE:

Beginning at a 4" x 4" stake marked A.D.C.M.1, standing on the 
Southerly line of the Alviso and Milpitas Road, from which 
stake a stone Monument standing at the point of intersection 
of the South line of the Alviso and Milpitas Road with the 
center line of the San Jose and Alviso Road bears West 
28.14 chains; running thence along the South line of the 
Alviso and Milpitas Road East 38.88 chains to a 4"x4" stake 
marked C.M.N.M.1; thence S. 7  20' E., 7.835 chains to a 4"x4" 
stake marked C.M.N.M.2 standing on the Southerly line of the 
lands formerly belonging to the Estate of John W. Meads; 
thence along said Southerly line S. 88  55' W., 36.74 chains 
to a 4"x4" stake marked M.4; thence S. 59  57' E., 
1.322 chains to a 4" stake marked M.3;

thence S. 71  48' W., 3.35 chains to a 4"x4" stake marked A 
D.C.M. 3; thence N. 1  28' W. 5.02 chains to a 4"x4" stake 
marked A D.C.M.2; thence N. 10  18' W., 5.474 chains to the 
place of beginning, and being Lot 2 as shown on the map 
accompanying the report of the sole commissioner in the 
partition of the Estate of John W. Meads, deceased.

EXCEPTING THEREFROM

A portion of that parcel of land described in the Deed 
recorded September 21, 1966 as Instrument No. 3120626 in 
Book 7512, page 79, Official Records of Santa Clara County, 
said portion being more particularly described as follows:

Commencing at the Northeasterly corner of that parcel of land 
described in the Deed to the State of California, recorded 
November 15, 1957 in Volume 3937, page 635, Official Records 
of Santa Clara County; thence along the Northerly line of said 
parcel (7512 OR 79) S. 89  01' 21" E., 2959.87 feet and N. 74  
49' 08" E., 1314.86 feet to the Easterly line of last said 
parcel; thence along last said line S. 6  22' 52" E., 
76.47 feet; thence S. 80  54' 25" W., 72.96 feet to a line 
parallel with, and distant 67.83 feet Southerly, at right 
angles, from the course described above as "N. 74  49' 08" E., 
1314.86 feet"; thence along said parallel line S. 74  49' 08" 
W., 1034.16 feet; thence along a tangent curve to the right 
with a radius of 1395.00 feet through an angle of 16  09' 31", 
an arc length of 393.42 feet to a line parallel with and 
distant 65.59 feet Southerly, at right angles, from the course 
described above as "S. 89  01' 21" E., 2959.87 feet"; thence 
along last said parallel line N. 89  01' 21" W., 2767.11 feet 
to the Easterly line of said State of California Parcel; 
thence along last said line N. 9  29' 21" W., 66.70 feet to 
the point of commencement, as granted to the State of 
California by Deed recorded February 17, 1970, Series 
No. 3764080, Book 8830, page 352 and Series No. 3764081, 
Book 8830, page 355, Official Records, Santa Clara County.

ALSO EXCEPTING THEREFROM:

All that certain real property situate in the City of San 
Jose, County of Santa Clara, State of California, being a 
portion of the parcel of land described in the Deed recorded 
July 26, 1984 in Book I749 of Official Records, page 539, 
Santa Clara County Records, being more particularly described 
as follows:

Beginning at the most Westerly corner of Parcel 1 as shown on 
the Amended Parcel Map recorded in Book 523 of Maps, at 
page 9, Santa Clara County Records, said corner being on the 
Northeasterly line of North First Street; thence along the 
Northerly line of said Parcel 1, N. 71  56' 56" E., 
787.15 feet to the Westerly line of said Parcel described in 
the said Deed recorded July 26, 1984; thence along said 
Westerly line N. 1  19' 04" W., 327.06 feet to the true point 
of beginning; thence continuing along said Westerly line N. 1  
19' 04" W., 4.26 feet; thence N. 10  16' 10" W., 261.37 feet; 
thence leaving said Westerly line S. 89  50' 02" E., 
218.46 feet; thence S. 0  09' 58" W., 88.17 feet; thence 
Southwesterly along a non-tangent curve to the left having a 
radius of 325.00 feet whose radius point bears S. 43  03' 16" 
E., through a central angle of 2  11' 22" for an arc length of 
12.42 feet; thence S. 44  45' 22" W., 230.93 feet to the true 
point of beginning.

ALSO EXCEPTING THEREFROM:

That portion described in the Grant Deed to The City of San 
Jose, a municipal corporation, recorded August 20, 1987 in 
Book K267, page 162 Official Records, and being more 
particularly described as follows:

All that certain real property situate in the City of San 
Jose, County of Santa Clara, State of California, being a 
portion of the parcel of land described in the Deed recorded 
July 26, 1984 in Book I749 of Official Records, at page 539, 
Santa Clara County Records, being also a portion of the 
Parcel 4 as described in the Deed recorded October 21, 1985 in 
Book J492 of Official Records at page 1713, Santa Clara County 
Records, being more particularly described as follows:

Beginning at the most Westerly corner of said Parcel 4;

thence along the Northwesterly line of said Parcel 4, N. 44  
45' 22" E., 278.16 feet to the Westerly line of said parcel 
described in said Deed recorded July 26, 1984;

thence along said Westerly line N. 1  19' 04" W., 37.49 feet 
to the Southeasterly line of Parcel 3 as described in the deed 
recorded October 21, 1985 in Book J492 of Official Records, at 
page 1708, Santa Clara County Records;

thence along said Southeasterly line N. 44  45' 22" E., 
230.93 feet;

thence Northeasterly along a curve to the right having a 
radius at 325.00 feet through a central angle of 45  24' 36" 
for an arc length of 257.58 feet;

thence S. 89  50' 02" E., 2099.12 feet;

thence along a curve to the left, having a radius of 
2000.00 feet, through a central angle of 6  03' 43" for an arc 
length of 211.60 feet;

thence N. 84  06' 15" E., 709.89 feet;

thence along a curve to the right having a radius of 
350.00 feet through a central angle of 31  13' 08" for an arc 
length of 190.71 feet;

thence S. 64  40' 37" E., 358.91 feet;

thence along a curve to the right having a radius of 
226.00 feet through a central angle of 42  17' 12" for an arc 
length of 166.80 feet to a point of reverse curvature;

thence along a curve to the left having a radius 173.00 feet 
through a central angle of 55  40' 26" for an arc length of 
168.10 feet to a point of compound curvature;

thence along a curve, to the left having a radius of 
43.00 feet through a central angle of 106  08' 43" for an arc 
length of 79.66 feet to a point of reverse curvature;

thence along a curve to the right having a radius of 
1065.00 feet through a central angle of 2  47' 46" for an arc 
length of 51.97 feet;

thence N. 1  24' 49" W, 358.65 feet;

thence along a curve to the left having a radius of 
931.00 feet through a central angle of 1  55' 58" for an arc 
length of 31.40 feet to a point on the Westerly line of Zanker 
Road;

thence along said Westerly line S 7  05' 54" E., 546.38 feet 
to the Southerly line of said parcel described in said deed 
recorded July 26, 1984;

thence along said Southerly line S. 88  44' 54" W., 
72.55 feet;

thence Northwesterly along a non-tangent curve to the right 
having a radius of 226.00 feet whose radius point bears N. 0  
26' 07" E., through a central angle of 67  10' 28" for an arc 
length of 264.97 feet to a point of reverse curvature;

thence along a curve to the left having a radius of 
173.00 feet through a central angle of 42  17' 12" for an arc 
length of 127.68 feet;

thence N. 64  40' 37" W., 358.91 feet;

thence along a curve to the left having a radius of 
297.00 feet through a central angle of 31  13' 08" for an arc 
length of 161.83 feet;

thence S. 84  06' 15" W., 709.89 feet;

thence along a curve to the right having a radius of 
2053.00 feet through a central angle of 6  03' 43" for an arc 
length of 217.71 feet;

thence N. 89  50' 02" W., 1574.68 feet;

thence along a curve to the left having a radius of 50.00 feet 
through a central angle of 90  00' 00" for an arc length of 
78.54 feet;

thence S. 0  09' 58" W., 247.88 feet;

thence along curve to the right having a radius of 177.00 feet 
through a central angle of 37  22' 50" for an arc length of 
115.48 feet to said Southerly line, being also the 
Northwesterly corner of Parcel 1 shown on the Parcel Map 
recorded in Book 531 of Maps at page 42 Santa Clara County 
Records;

thence along said Southerly line S. 88  44' 54" W., 
69.29 feet;

thence leaving said line N. 37  32' 48" E., 43.41 feet;

thence along a curve to the left having a radius of 
123.00 feet through a central angle of 37  22' 50" for an arc 
length of 80.25 feet;

thence N. 0  09' 58" E., 247.88 feet;

thence along a curve to the left having a radius of 50.00 feet 
through a central angle of 90  00' 00" for an arc length of 
78.54 feet;

thence N. 89  50' 02" W., 365.69 feet;

thence along a curve to the left having a radius of 
280.00 feet through a central angle of 45  24' 36" for an arc 
length of 221.92 feet;

thence S. 44  45' 22" W., 532.74 feet to the Southwesterly 
line of said Parcel 4;

thence along said Southwesterly N. 45  14' 38" W., 27.00 feet 
to the point of beginning.

ALSO EXCEPTING THEREFROM:

That portion thereof as shown in that Final Order of 
Condemnation recorded March 30, 1994 in Book N373, page 560, 
Official Records and all that portion lying thereof and being 
more particularly described as follows:

All that certain real property situate in the City of San 
Jose, County of Santa Clara, described as follows:

Beginning at the Northwest corner of Parcel 3 as described in 
the Deed from Highway 237 Associates, a California general 
partnership, to John Arrillaga, et al, recorded October 21, 
1985 in Book J492 of Official Records, at page 1708, Santa 
Clara County Records; thence from said point of beginning, 
along the Northerly prolongation of the Westerly line of said 
Parcel 3 N. 9  29' 16" W., 11.25 feet; thence leaving said 
Northerly prolongation N. 88  43' 01" E., 202.59 feet; thence 
N. 89  49' 56" E. 330.95 feet; thence N. 0  58' 44" E., 
6.61 feet to a point in the Southerly line of that certain 
6.465 acre parcel described in the Deed from Edward S.J. Cali, 
et al, to the State of California; recorded February 17, 1970 
in Book 8830 of Official Records at page 352 Santa Clara 
County Records; thence along said Southerly line S 89  01' 16" 
E., 1954.77 feet; thence leaving said Southerly line S. 86  
14' 18" E., 317.01 feet to a point in the general Northerly 
line of the 6.474 acre parcel described in the Deed from 
Metropolitan Life Insurance Company, a New York corporation to 
the City of San Jose, a municipal corporation of the State of 
California recorded August 20, 1987 in Book K267 of Official 
Records at page 162 Santa Clara County Records; thence along 
said general Northerly line the following courses: S 84  55' 
33" W. 51.74 feet; from a tangent bearing of S. 84  54' 26" W. 
along a curve to the right with a radius of 1999.89 feet, 
through a central angle of 6  03' 42" for an arc length of 
211.58 feet; N. 89  01' 32" W. 2099.03 feet; and from a 
tangent bearing of N. 89  01' 57" W., along a curve to the 
left with a radius of 324.98 feet, through a central angle of 
43  13' 13" for an arc length of 245.14 feet to the 
Southeasterly corner of said Parcel 3; thence along the 
Easterly line of said Parcel 3 N. 0  58' 29" E., 88.17 feet to 
the Northeast corner of said Parcel 3; thence along the 
Northerly line of said Parcel 3 N. 89  01' 31" W., 218.48 feet 
to the point of beginning.

ALSO EXCEPTING THEREFROM:

Beginning at the Southwest corner of that certain 6.465 acre 
parcel of land described in the Deed from Edward S.J. Cali, et 
al to the State of California recorded February 17, 1970 in 
Book 8830 of Official Records at page 352, Santa Clara County 
Records; thence from said point of beginning, along the 
Southerly line of said 6.465 acre parcel S. 89  01' 16" E. 
537.24 feet; thence leaving said Southerly line, at right 
angles, S 0  58' 44" W. 6.61 feet; thence S. 89  49' 56" W. 
330.95 feet; thence S. 88  43' 01" W. 202.59 feet to a point 
in the Southerly prolongation of the Westerly line of said 
6.465 acre parcel; thence along said Southerly prolongation N. 
9  29' 16" W., 21.59 feet to the point of beginning.

PARCEL FOUR:

All that certain real property situate in the City of San 
Jose, County of Santa Clara, State of California, being a 
portion of that parcel of land described in the Deed recorded 
May 3, 1979 in Book E464 of Official Records, at page 51, 
Santa Clara County Records, being more particularly described 
as follows:

Beginning at the most Westerly corner of Parcel 1 as shown on 
the Amended Parcel Map recorded in Book 523 of Maps, at 
page 9, Santa Clara County Records, said corner being on the 
Northeasterly line of North First Street; thence along the 
Northerly line of said Parcel 1, N. 71  56' 56" E., 
700.27 feet to the true point of beginning; thence continuing 
along said Northerly line N. 71  56' 56" E., 86.88 feet to the 
Easterly line of said parcel of land described in the Deed 
recorded May 3, 1979; thence along said Easterly line N. 1  
19' 04" W., 289.58 feet; thence leaving said Easterly line S. 
44  45' 22" W. 278.16 feet; thence S. 45  14' 38: E., 
168.87 feet to the true point of beginning.

EXCEPTING THEREFROM:

That portion described in the Grant Deed to The City of San 
Jose, a municipal corporation, recorded August 20, 1987 in 
Book K267, page 162 Official Records, and being more 
particularly described as follows:

All that certain real property situate in the City of San 
Jose, County of Santa Clara, State of California, being a 
portion of the parcel of land described in the Deed recorded 
July 26, 1984 in Book I749 of Official Records, at page 539, 
Santa Clara County Records, being also a portion of the 
Parcel 4 as described in the Deed recorded October 21, 1985 in 
Book J492 of Official Records at page 1713, Santa Clara County 
Records, being more particularly described as follows:

Beginning at the most Westerly corner of said Parcel 4;

thence along the Northwesterly line of said Parcel 4, N. 44  
45' 22" E., 278.16 feet to the Westerly line of said parcel 
described in said Deed recorded July 26, 1984;

thence along said Westerly line N. 1  19' 04" W., 37.49 feet 
to the Southeasterly line of Parcel 3 as described in the deed 
recorded October 21, 1985 in Book J492 of Official Records, at 
page 1708, Santa Clara County Records;

thence along said Southeasterly line N. 44  45' 22" E., 
230.93 feet;

thence Northeasterly along a curve to the right having a 
radius at 325.00 feet through a central angle of 45  24' 36" 
for an arc length of 257.58 feet;

thence S. 89  50' 02" E., 2099.12 feet;

thence along a curve to the left, having a radius of 
2000.00 feet, through a central angle of 6  03' 43" for an arc 
length of 211.60 feet;

thence N. 84  06' 15" E., 709.89 feet;

thence along a curve to the right having a radius of 
350.00 feet through a central angle of 31  13' 08" for an arc 
length of 190.71 feet;

thence S. 64  40' 37" E., 358.91 feet;

thence along a curve to the right having a radius of 
226.00 feet through a central angle of 42  17' 12" for an arc 
length of 166.80 feet to a point of reverse curvature;

thence along a curve to the left having a radius 173.00 feet 
through a central angle of 55  40' 26" for an arc length of 
168.10 feet to a point of compound curvature;

thence along a curve, to the left having a radius of 
43.00 feet through a central angle of 106  08' 43" for an arc 
length of 79.66 feet to a point of reverse curvature;

thence along a curve to the right having a radius of 
1065.00 feet through a central angle of 2  47' 46" for an arc 
length of 51.97 feet;

thence N. 1  24' 49" W, 358.65 feet;

thence along a curve to the left having a radius of 
931.00 feet through a central angle of 1  55' 58" for an arc 
length of 31.40 feet to a point on the Westerly line of Zanker 
Road;

thence along said Westerly line S 7  05' 54" E., 546.38 feet 
to the Southerly line of said Parcel described in said deed 
recorded July 26, 1984;

thence along said Southerly line S. 88  44' 54" W., 72.55 
feet;

thence Northwesterly along a non-tangent curve to the right 
having a radius of 226.00 feet whose radius point bears N. 0  
26' 07" E., through a central angle of 67  10' 28" for an arc 
length of 264.97 feet to a point of reverse curvature;

thence along a curve to the left having a radius of 
173.00 feet through a central angle of 42  17' 12" for an arc 
length of 127.68 feet;

thence N. 64  40' 37" W 358.91 feet;

thence along a curve to the left having a radius of 
297.00 feet through a central angle of 31  13' 08" for an arc 
length of 161.83 feet;

thence S. 84  06' 15" W., 709.89 feet;

thence along a curve to the right having a radius of 
2053.00 feet through a central angle of 6  03' 43" for an arc 
length of 217.71 feet;

thence N. 89  50' 02" W., 1574.68 feet;

thence along a curve to the left having a radius of 50.00 feet 
through a central angle of 90  00' 00" for an arc length of 
78.54 feet;

thence S. 0  09' 58" W., 247.88 feet;

thence along curve to the right having a radius of 177.00 feet 
through a central angle of 37  22' 50" for an arc length of 
115.48 feet to said Southerly line, being also the 
Northwesterly corner of Parcel 1 shown on the Parcel Map 
recorded in Book 531 of Maps at page 42 Santa Clara County 
Records;

thence along said Southerly line S. 88  44' 54" W. 69.29 feet;

thence leaving said line N. 37  32' 48" E., 43.41 feet;

thence along said Southerly line S. 88  44' 54" W., 
69.29 feet;

thence leaving said line N. 37  32' 48" E., 43.41 feet;

thence along a curve to the left having a radius of 
123.00 feet through a central angle of 37  22' 50" for an arc 
length of 80.25 feet;

thence N. 0  09' 58" E., 247.88 feet;

thence along a curve to the left having a radius of 50.00 feet 
through a central angle of 90  00' 00" for an arc length of 
78.54 feet;

thence N. 89  50' 02" W., 365.69 feet;

thence along a curve to the left having a radius of 
280.00 feet through a central angle of 45  24' 36" for an arc 
length of 221.92 feet;

thence S. 44  45' 22" W., 532.74 feet to the Southwesterly 
line of said Parcel 4;

thence along said Southwesterly N. 45  14' 38" W., 27.00 feet 
to the point of beginning.

PARCEL FIVE:

Beginning at a 4'x4' stake marked C.M.N.M.1., standing on the 
Southerly line of the Alviso and Milpitas Road, from which 
stake a stone monument standing at the point of intersection 
of the Southerly line of the Alviso and Milpitas Road with the 
center line of the San Jose and Alviso Road bears West 
67.02 chains; running thence along the South line of the 
Alviso and Milpitas Road East 5.955 chains to a 4'x4' stake 
marked M; thence still along the Southeasterly line of the 
Alviso and Milpitas Road N. 73  54' E., 19.93 chains to a 
fence post marked W.P. standing in fence line on the Westerly 
line of lands now or formerly of Boots; thence along said 
fence S. 7  15' E., 12.77 chains to a stake marked M.1.; 
thence along the fence along the Northerly line of the lands 
now or formerly of Nicholson, S. 88  55' W., 25.727 chains to 
a 4'x4' stake marked C.M.N.M.2; thence N. 7  20' W., 
7.835 chains to the place of beginning, and being Lot 3 as 
shown on the Map accompanying the report of the sole 
commissioner in the partition of the Estate of John W. Meads, 
deceased.

Excepting therefrom a portion of that parcel of land described 
in the Deed recorded September 2, 1966 as instrument 
No. 3120626 in Book 7512, page 79, Official Records of Santa 
Clara County, said portion being more particularly described 
as follows:

Commencing at the Northeasterly corner of that parcel of land 
described in the Deed to the State of California, recorded 
November 15, 1957 in Volume 3937, page 635, Official Records 
of Santa Clara County; thence along the Northerly line of said 
Parcel (7512 or 79) S. 89  01' 21" E., 2959.87 feet and N. 74  
49' 08" E., 1314.86 feet to the Easterly line of last said 
parcel; thence along last said line S. 6  22' 52" E., 
76.47 feet; thence S. 80  54' 25" W., 72.96 feet to a line 
parallel with, and distant 67.83 feet Southerly, at right 
angles, from the course described above as "N. 74  49' 08" E., 
1314.86 feet"; thence along said parallel line S. 74  49' 08" 
W., 1034.16 feet; thence along a tangent curve to the right 
with a radius of 1395.00 feet through an angle of 16  09' 31", 
an arc length of 393.42 feet to a line parallel with and 
distant 65.59 feet Southerly, at right angles, from the course 
described above as "S. 89  01' 21" E., 2959.87 feet"; thence 
along last said parallel line N. 89  01' 21" W., 2767.11 feet 
to the Easterly line of said State of California; thence along 
last said line N. 9  29' 21" W., 66.70 feet to the point of 
commencement, as granted to the State of California by Deed 
recorded February 17, 1970, Series No. 3764080, Book 8830, 
page 352 and Series No. 3764081, Book 8830, page 355, Official 
Records, Santa Clara County.

The bearings and distances used in the above excepted 
description are on the California System Zone 3.  Multiply the 
above distances by 1.0000530 to obtain ground level distances.

ALSO EXCEPTING THEREFROM:

That portion described in the Grant Deed to The City of San 
Jose, a municipal corporation, recorded August 20, 1987 in 
Book K267, page 162 Official Records, and being more 
particularly described as follows:

All that certain real property situate in the City of San 
Jose, County of Santa Clara, State of California, being a 
portion of the parcel of land described in the Deed recorded 
July 26, 1984 in Book I749 of Official Records, at page 539, 
Santa Clara County Records, being also a portion of the 
Parcel 4 as described in the Deed recorded October 21, 1985 in 
Book J492 of Official Records at page 1713, Santa Clara County 
Records, being more particularly described as follows:

Beginning at the most Westerly corner of said Parcel 4;

thence along the Northwesterly line of said Parcel 4, N. 44  
45' 22" E., 278.16 feet to the Westerly line of said parcel 
described in said Deed recorded July 26, 1984;

thence along said Westerly line N. 1  19' 04" W., 37.49 feet 
to the Southeasterly line of Parcel 3 as described in the deed 
recorded October 21, 1985 in Book J492 of Official Records, at 
page 1708, Santa Clara County Records;

thence along said Southeasterly line N. 44  45' 22" E., 
230.93 feet;

thence Northeasterly along a curve to the right having a 
radius at 325.00 feet through a central angle of 45  24' 36" 
for an arc length of 257.58 feet;

thence S. 89  50' 02" E., 2099.12 feet;

thence along a curve to the left, having a radius of 
2000.00 feet, through a central angle of 6  03' 43" for an arc 
length of 211.60 feet;

thence N. 84  06' 15" E., 709.89 feet;

thence along a curve to the right having a radius of 
350.00 feet through a central angle of 31  13' 08" for an arc 
length of 190.71 feet;

thence S. 64  40' 37" E., 358.91 feet;

thence along a curve to the right having a radius of 
226.00 feet through a central angle of 42  17' 12" for an arc 
length of 166.80 feet to a point of reverse curvature;

thence along a curve lo the left having a radius 173.00 feet 
through a central angle of 55  40' 26" for an arc length of 
168.10 feet to a point of compound curvature;

thence along a curve, to the left having a radius of 
43.00 feet through a central angle of 106  08' 43" for an arc 
length of 79.66 feet to a point of reverse curvature;

thence along a curve to the right having a radius of 
1065.00 feet through a central angle of 2  47' 46" for an arc 
length of 51.97 feet;

thence N. 1  24' 49" W, 358.65 feet;

thence along a curve to the left having a radius of 
931.00 feet through a central angle of 1  55' 58" for an arc 
length of 31.40 feet to a point on the Westerly line of Zanker 
Road;

thence along said Westerly line S 7  05' 54" E., 546.38 feet 
to the Southerly line of said parcel described in said deed 
recorded July 26, 1984;

thence along said Southerly line S. 88  44' 54" W., 
72.55 feet;

thence Northwesterly along a non-tangent curve to the right 
having a radius of 226.00 feet whose radius point bears N. 0  
26' 07" E., through a central angle of 67  10' 28" for an arc 
length of 264.97 feet to a point of reverse curvature;

thence along a curve to the left having a radius of 
173.00 feet through a central angle of 42  17' 12" for an arc 
length of 127.68 feet;

thence N. 64  40' 37" W. 358.91 feet;

thence along a curve to the left having a radius of 
297.00 feet through a central angle of 31  13' 08" for an arc 
length of 161.83 feet;

thence S. 84  06' 15" W., 709.89 feet;

thence along a curve to the right having a radius of 
2053.00 feet through a central angle of 6  03' 43" for an arc 
length of 217.71 feet;

thence N. 89  50' 02" W., 1574.68 feet;

thence along a curve to the left having a radius of 50.00 feet 
through a central angle of 90  00' 00" for an arc length of 
78.54 feet;

thence S. 0  09' 58" W., 247.88 feet;

thence along curve to the right having a radius of 177.00 feet 
through a central angle of 37  22' 50" for an arc length of 
115.48 feet to said Southerly line, being also the 
Northwesterly corner of Parcel 1 shown on the Parcel Map 
recorded in Book 531 of Maps at page 42 Santa Clara County 
Records;

thence along said Southerly line S. 88  44' 54" W., 
69.29 feet;

thence leaving said line N. 37  32' 48" E., 43.41 feet;

thence along a curve to the left having a radius of 
123.00 feet through a central angle of 37  22' 50" for an arc 
length of 80.25 feet;

thence N. 0  09' 58" E., 247.88 feet;

thence along a curve to the left having a radius of 50.00 feet 
through a central angle of 90  00' 00" for an arc length of 
78.54 feet;

thence N. 89  50' 02" W., 365.69 feet;

thence along a curve to the left having a radius of 
280.00 feet through a central angle of 45  24' 36" for an arc 
length of 221.92 feet;

thence S. 44  45' 22" W., 532.74 feet to the Southwesterly 
line of said Parcel 4;

thence along said Southwesterly N. 45  14' 38" W., 27.00 feet 
to the point of beginning.

ALSO EXCEPTING THEREFROM:

That portion described in the Grant Deed to The City of San 
Jose, a municipal corporation, recorded August 20, 1987 in 
Book K267, page 162 Official Records, and being more 
particularly described as follows:

All that certain real property situate in the City of San 
Jose, County of Santa Clara, State of California being a 
portion of the parcel of land described in the Deed recorded 
July 26, 1984 in Book I749 of Official Records, at page 539, 
Santa Clara County Records, being more particularly described 
as follows:

Beginning at the Northeasterly corner of said parcel, said 
corner being on the Westerly line of Zanker Road and Southerly 
line of Highway 237;

thence along the Easterly line of said Parcel, S. 7  05' 54" 
E. 99.01 feet;

thence Northerly along a non-tangent curve to the left having 
a radius of 931.00 feet whose radius point bears S. 79  08' 
59" W. through a central angle of 3  39' 23" for an arc length 
of 59.41 feet to a point of compound curvature;

thence along a curve to the left having a radius of 43.00 feet 
through a central angle of 85  24' 20" for an arc length of 
64.10 feet to the Northerly line of said Parcel;

thence along said Northerly line N. 60  05' 16" E, 50.59 feet 
to the point of beginning.

ALSO EXCEPTING THEREFROM:

That portion thereof as shown in that Final Order of 
Condemnation recorded March 30, 1994 in Book N373, page 560, 
Official Records and all that portion lying thereof and being 
more particularly described as follows:

All that certain real property situate in the City of San 
Jose, County of Santa Clara, described as follows:

Beginning at the Northwest corner of Parcel 3 as described in 
the Deed from Highway 237 Associates, a California general 
partnership, to John Arrillaga, et al, recorded October 21, 
1985 in Book J492 of Official Records, at page 1708, Santa 
Clara County Records; thence from said point of beginning, 
along the Northerly prolongation of the Westerly line of said 
Parcel 3, N. 9  29' 16" W., 11.25 feet; thence leaving said 
Northerly prolongation N. 88  43' 01" E., 202.59 feet; thence 
N. 89  49' 56" E. 330.95 feet; thence N. 0  58' 44" E., 
6.61 feet to a point in the Southerly line of that certain 
6.465 acre parcel described in the Deed from Edward S.J. Cali, 
et al, to the State of California; recorded February 17, 1970 
in Book 8830 of Official Records at page 352 Santa Clara 
County Records; thence along said Southerly line S 89  01' 16" 
E., 1954.77 feet; thence leaving said Southerly line S. 86  
14' 18" E., 317.01 feet to a point in the general Northerly 
line of the 6.474 acre parcel described in the Deed from 
Metropolitan Life Insurance Company, a New York corporation to 
the City of San Jose, a municipal corporation of the State of 
California recorded August 20, 1987 in Book K267 of Official 
Records at page 162 Santa Clara County Records; thence along 
said general Northerly line the
following courses; S 84  55' 33" W. 51.74 feet; from a tangent 
bearing of S. 84  64' 26" W. along a curve to the right with a 
radius of 1999.89 feet, through a central angle of 6  03' 42" 
for an arc length of 211.58 feet N. 89  01' 32" W. 
2099.03 feet and from a tangent bearing of N. 89  01' 57" W., 
along a curve to the left with a radius of 324.98 feet, 
through a central angle of 43  13' 13" for an arc length of 
245.14 feet to the Southeasterly corner of said Parcel 3; 
thence along the Easterly line of said Parcel 3 N. 0  58' 29" 
E., 88.17 feet to the Northeast corner of said Parcel 3; 
thence along the Northerly line of said Parcel 3 N. 89  01' 
31" W., 218.48 feet to the point of beginning.

ALSO EXCEPTING THEREFROM:

That portion thereof as shown in that Final Order of 
Condemnation recorded March 30, 1994 in Book N373, page 560, 
Official Records and all that portion lying thereof and being 
more particularly described as follows:

Beginning at the Northwest corner of that certain 0.019 acre 
parcel described in the Deed from Metropolitan Life Insurance 
Company, a New York Corporation, to the City of San Jose, a 
municipal corporation of the State of California, recorded 
August 20, 1987 in Book K267 of Official Records at page 162 
Santa Clara County Records; thence from said point of 
beginning, along the Southerly line of that certain 6.465 acre 
parcel of land described in the Deed from Edward S.J. Cali, et 
al to the State of California, recorded February 17, 1970 in 
Book 8830 of Official Records at page 352 Santa Clara County 
Records, the following courses:  S 80  55' 58" W. 
1034.16 feet; along a tangent curve to the right with a radius 
of 1395.00 feet, through a central angle of 16  09' 23" for an 
arc length of 393.37 feet and N. 89  01' 16" W. 275.13 feet; 
thence leaving said Southerly line S. 86  14' 18" E. 
317.01 feet to a point in a Northerly line of that certain 
6.474 acre parcel described in said Deed to the City of San 
Jose; thence along said Northerly line the following courses: 
 N. 84  55' 33" E. 658.09 feet and along a tangent curve to 
the right with a radius of 349.98 feet, through a central 
angle of 0  20' 33" for an arc length of 2.09 feet; thence 
leaving said Northerly line N. 85  16' 06" E. 587.33 feet; 
thence along a tangent curve to the right with a radius of 
15.00 feet, through a central angle of 75  05' 51" for an arc 
length of 19.66 feet; thence S. 19  35' 03" E. 467.07 feet; 
thence S. 49  41' 05 W. 25.15 feet to a point in said 
Northerly line; thence along said Northerly line and a 
Westerly line of said 6.474 acre parcel the following courses: 
 from a tangent bearing of S. 77  14' 33" E along a curve to 
the left with a radius of 43.00 feet, through a central angle 
of 106  08' 43" for an arc length of 79.66 feet to a point of 
reverse curvature; thence along a tangent curve to the right 
with a radius of 1064.94 feet, through a central angle of 2  
47' 46" for an arc length of 51.97 feet; thence N. 0  35' 30" 
W. 358.63 feet; thence along a tangent curve to the left with 
a radius of 830.95 feet, through a central angle of 1  55' 59" 
for an arc length of 31.41 feet to the Northeast corner of 
said 6.474 acre parcel; thence along the Northerly 
prolongation of the Easterly line of said 6.474 acre parcel N. 
6  16' 05" W. 121.98 feet to the most Southerly corner of said 
0.019 acre parcel; thence along the Westerly line of said 
0.019 acre parcel the following courses:  from a tangent 
bearing of N. 10  01' 13" W. along a curve to the left with a 
radius of 930.95 feet, through a central angle of 3  39' 22" 
for an arc length of 59.41 feet; thence from a tangent bearing 
of N. 13  40' 35" W. along a curve to the left with a radius 
of 43.00 feet, through a central angle of 85  23' 27" for an 
arc length of 64.09 feet to the point of beginning.

PARCEL SIX:

All of Parcel Two as shown upon that Parcel Map which filed 
for record in the Office of the Recorder of the County of 
Santa Clara, State of California on July 13, 1984 in Book 531 
of Maps, at pages 41 and 42.


APN:    097-03-59,79,80,84,85,86,87,88,90,93,102,103,104
ARB:    097-3-x5,x6,8,9,x15,x16,20,21,25.1,25.2


Annex B

Permitted Encumbrances

[NOTE:  TO THE EXTENT THAT SPECIFIC ENCUMBRANCES (OTHER THAN 
"PROHIBITED LIENS") ARE IDENTIFIED IN ADDITION TO THOSE 
DESCRIBED BELOW, SUCH ADDITIONAL ENCUMBRANCES WILL BE ADDED TO 
THE LIST BELOW AND THIS "NOTE" WILL BE DELETED BEFORE THIS 
DEED IS ACTUALLY EXECUTED AND DELIVERED BY BNPLC.  SUCH 
ADDITIONAL ENCUMBRANCES WOULD INCLUDE ANY NEW ENCUMBRANCES 
APPROVED BY BNPLC AS "PERMITTED ENCUMBRANCES" FROM TIME TO 
TIME BECAUSE OF 3COM'S REQUEST FOR BNPLC'S CONSENT OR APPROVAL 
TO AN ADJUSTMENT AS PROVIDED IN THE LEASE.]

	This conveyance is subject to any encumbrances that do 
not constitute "Prohibited Encumbrances" (as defined in the 
Purchase Agreement pursuant to which this Deed is being 
delivered), including County and city taxes for the Fiscal 
Year _______, a lien not yet due or payable, and including the 
following matters to the extent the same are still valid and 
in force:

1.      Bond for Reassessment District #93-210 Consolidated Refunding
	Bond No.        :       24J
	Assessment No.  :       7E

	The above Assessment No. covers APN No. 097-03-079 and 
097-03-093, but is being collected under APN No. 097-03-079.

	Said matter affects a portion of Parcel One.

2.      Bond for Reassessment District #93-210 Consolidated Refunding
	Bond No.        :       24J
	Assessment No.  :       6Y

	Said matter affects a portion of Parcel Three.

3.      Bond for Reassessment District #93-210 Consolidated Refunding
	Bond No.        :       24J
	Assessment No.  :       9Y

	Said matter affects a portion of Parcel Three.

4.      Bond for Reassessment District #93-210 Consolidated Refunding
	Bond No.        :       24J
	Assessment No.  :       7Y

	Said matter affects a portion of Parcel Three.

5.      Bond for Reassessment District #93-210 Consolidated Refunding
	Bond No.        :       24J
	Assessment No.  :       8Y

	Said matter affects portions of Parcels Three and Five.

6.      Bond for Reassessment District #93-210 Consolidated Refunding
	Bond No.        :       24J
	Assessment No.  :       5Y

	Said matter affects Parcel Four.

7.      Bond for Reassessment District #93-210 Consolidated Refunding
	Bond No.        :       24J
	Assessment No.  :       10Y

	Said matter affects a portion of Parcel Five.

8.      Bond for Reassessment District #93-210 Consolidated Refunding
	Bond No.        :       24J
	Assessment No.  :       4E

	Said matter affects Parcel Six.

9.      EASEMENT for the purposes stated herein and incidents thereto
	Purpose         :       A right of way for a covered wooden sewer
	Granted to      :       The City of San Jose, a municipal corporation
	Recorded        :       February 26, 1989 in Book 115 of Deeds, page 142
	Affects :               A strip of land twelve (12) feet wide, the center
				line of which is described as follows:

	Beginning in the Southerly line of land of the party of 
	the first part at a point from which the Southeasterly 
	corner thereof bears N.88  55' East 12.35 feet distant and 
	running thence N. 36  30' East 623 1/2 feet a little more 
	or less to a point in the Southerly line of the Alviso and 
	Milpitas Road, from which the Southwesterly corner of the 
	land of J. Farney bears N. 19  30' West 72 3/4 feet distant

	THE EXACT location of said easement is not defined of record.

	Said matter affects a portion of Parcel Three and Five.

10.     EASEMENT for the purposes stated herein and incidents thereto
	Purpose         :       The right to excavate for, install, replace,
				maintain and use for conveying gas pipe line
				with necessary appliances
	Granted to      :       Pacific Gas and Electric Company, a California
				corporation
	Recorded        :       October 14, 1931 in Book 585, page 340 
				Official Records
	Affects         :       The said route of said pipe line shall be as
				follows, namely:

	Beginning at a point in the Easterly boundary line of 
	said premises (marked by a fence now upon the ground), from 
	which a 4" x 4" white stake marking the Northeast corner of 
	said premises bears North 15  26 1/2' West 5.2 feet 
	distant, and running thence South 86  58' West 367.9 feet; 
	thence North 89  04' West 259.6 feet; thence South 88  51' 
	West 1135.53 feet; thence South 86  52 1/2' West 254.7 
	feet; thence North 89  19 1/2' West 172.0 feet; thence 
	South 88  42 1/2' West 1918.3 feet, more or less, to ta 
	point in the Southwesterly boundary line of said premises.

	THE EXACT location of said easement is not defined of record.

	Said matter affects Parcels One and Six.

11.     EASEMENT for the purposes stated herein and incidents thereto
	Purpose         :       The right to excavate for, install, replace,
				maintain and use for conveying gas a pipe line
				with necessary appliances
	Granted to      :       Pacific Gas and Electric Company, a California
				corporation
	Recorded        :       November 5, 1931 in Book 586, page 515,
				Official Records
	Affects         :       As follows:

	Beginning at a point in the Southwesterly boundary line 
	of said premises (marked by the center line of the San 
	Jose-Alviso Road), from which a 2" x 4" post marking the 
	point of intersection of the Southwesterly boundary line of 
	said road with the Northerly boundary line of that certain 
	42.5 acre parcel of land conveyed to Kenneth R. Burrell by 
	F.C. Burrell, et ux, by deed dated June 13, 1930, and 
	recorded in Vol. 522 of Official Records, at page 508 
	records of said Santa Clara County, bears South 78  25' 
	West 45.3 feet distant, and running thence North 75  51 
	1/2' East 51.6 feet; thence South 89  10' East 265.3 feet; 
	thence North 89  16' East 161.9 feet; thence North 88  00' 
	East 425.0 feet; thence North 72  54' minutes East 285.0 
	feet thence South 38  28' East 126.9 feet; thence North 88  
	42 1/2' East 35.0 feet, more or less, to a point in the 
	Easterly boundary line of said premises.

	THE EXACT location of said easement is not defined of record.

	Said matter affects Parcels Two and Four. 

12.     EASEMENT for the purposes stated herein and incidents thereto
	Purpose         :       The right to excavate for, install, replace,
				maintain and use for conveying gas a pipe line
				with necessary appliances
	Granted to      :       Pacific Gas and Electric Company, a California
				corporation
	Recorded        :       December 10, 1931 in Book 595, page 196,
				Official Records
	Affects         :       As follows:

	Beginning at a point in the Southwesterly boundary line 
	of that certain 99.5 acre parcel of land described in that 
	certain mortgage from George E. Nicholson to Mollie F. 
	Nicholson dated December 18, 1913 and recorded in Book 216 
	of Mortgages at page 255, records of said Santa Clara 
	County, (said boundary line being marked by a fence now 
	upon the ground) from which a 4" x 4" post marked "M4" set 
	at the most Westerly corner of said 99.5 acre parcel of 
	land bears North 60  46 1/2' West 16.7 feet distant; and 
	running thence South 88  42 1/2' West 150.0 feet, more or 
	less, to a point in the Westerly boundary line of said 
	premises.

	THE EXACT location of said easement is not defined of record.

	Said matter affects Parcel Three. 

13.     EASEMENT for the purposes stated herein and incidents thereto
	Purpose         :       A right of way for sewer purposes
	Granted to      :       City of San Jose, a municipal corporation
	Recorded        :       August 8, 1933 in Book 659, page 121,
				Official Records
	Affects         :       A right of way over, along and upon a strip
				twelve (12) feet wide, the center line of
				which is described as follows:

	Beginning at a point from which the Southeasterly corner
	of the land Norman L. Meads bears N. 88  55' E., 1530 feet 
	distant; thence N. 66  54' W. 513 feet to a point in the 
	Southerly line of the Alviso and Milpitas Road, from which 
	the Southeasterly corner of the private road of F.W. Zanker 
	lies Northerly and across the Alviso and Milpitas Road, 67 
	feet a little more or less.

	Said matter affects Parcel Five. 

14.     WAIVER OF DAMAGES as contained in the Deed to the State of California
	Recorded        :       February 17, 1980 in Book 8830, page 352,
				Official Records

	Said matter affects Parcels Three and Five.

15.     THE EFFECT of the Rincon de los Esteros Project Redevelopment Plan and
	Ordinances Nos. 17306, 19686, 19835, 20677, 20958, 21417, 21496, 21903,
	22660, 22412, 22761, 22761.1 and 22961, 23703, 23732, 23761 and 23934
	of the City of San Jose as recorded and as disclosed by documents 
	recorded July 11, 1975 in Book B502, Page 711; August 6, 1979 in Book
	E699, Page 245; August 6, 1979 in Book E699, Page 277; December 21,
	1979 in Book F37, Page 585; October 8, 1981 in Book G382, Page 605;
	July 28, 1982 in Book G929, Page 703; September 14, 1983 in Book H892,
	Page 200; January 10, 1984 in Book 1220, Page 271; December 17, 1987
	in Book K394, page 143; May 5, 1988 in Book K524, page 526; May 5, 1988
	in Book K524, page 532; January 6, 1992 in Book L996, Page 508, all of
	Official Records, and as disclosed by information provided by the
	Redevelopment Agency of the City of San Jose.

16.     EASEMENTS AND INCIDENTS THERETO, filed for record in the Office of the
	County Recorder of the County of Santa Clara, State of California,
	shown on the "Amended Parcel Map" filed for record on December 22, 1983
	in Book 523 of Maps, at pages 7, 8 and 9
	Purpose         :       Public Service Easement
	Affects         :       Southwesterly 10 feet and Southeasterly 10
				feet of Parcel One and Southwesterly 10 feet
				and Northwesterly 10 feet of Parcel Six


17.     EASEMENT for the purposes stated herein and incidents thereto
	Purpose         :       To construct, install, inspect, maintain,
				replace, remove and use facilities of such
				underground conduits, pipes, manholes, 
				service boxes, wires, cables, and electrical 
				conductors; aboveground marker posts, risers, 
				and service pedestals; underground and 
				aboveground switches, fuses, terminals, and 
				transformers with associated concrete pads;
				and fixtures and appurtenances necessary to
				any and all thereof
	Granted to      :       Pacific Gas and Electric Company, a California
				corporation
	Recorded        :       March 26, 1986 in Book J640, page 960,
				Official Records
	Affects         :       Strips of land of the uniform width of 10 feet
				the center lines of which are delineated by
				the heavy dashed lines shown upon the print of
				second party's Drawing No. SJB-1821 attached
				thereto and made a part thereof; excepting
				therefrom the portion lying outside the
				boundary lines of said lands.

	Terms and conditions contained in the document hereinabove referred to.

	Said matter affects Parcel Six.

18.     EASEMENT for the purposes stated herein and incidents thereto
	Purpose         :       Public Service Easements
	Granted to      :       City of San Jose
	Recorded        :       August 20, 1987 in Book K267, page 156,
				Official Records
	Affects         :       As follows:

	All that certain real property situated in the City of 
	San Jose, County of Santa Clara, State of California, being 
	a portion of Parcel 1 as shown on the Amended Parcel Map 
	recorded in Book 523 of Maps at page 9, Santa Clara County 
	Records, being also a portion of Parcel as 2 described in 
	the deed recorded October 21, 1985 in Book J492 of Official 
	Records at page 1703, Santa Clara County Records, being 
	more particularly described as follows:

	Strip 1

	A strip of land 10.00 feet wide extending Northeasterly 
	from the Northeasterly line of the 10.00 feet wide P.S.E. 
	along North First Street, as shown on said Amended Parcel 
	Map and lying contiguous to and Southeasterly of a line 
	that begins at a point in the Northeasterly line of North 
	First Street from which the most Southerly corner of Parcel 
	1 as described in the Deed recorded October 21, 1985 in 
	Book J492 of Official Records at page 1698, Santa Clara 
	County Records, bears N. 52  27' 12" W. 77.00 feet and 
	running;

	thence Northeasterly along a curve to the right having a 
	radius of 50.00 feet whose radius point bears 
	N. 37  32' 48" E., through a central angle of 90  00' 00" 
	for an arc length of 78.54 feet;

	thence N. 37  32' 48" E., 251.93 feet to a point hereon 
	designated "Point A";

	thence N. 37  32' 48" E., 0.42 feet;

	thence along a curve to the right having a radius of 
	273.00 feet through a central angle of 7  12' 34" for an 
	arc length of 34.35 feet;

	thence N. 44  45' 22" E. 261.02 feet to the Northeasterly 
	line of said Parcel 2, the side line of said strip shall be 
	lengthened or shortened to terminate in said Northeasterly 
	line.

	Strip 2

	Beginning at a point herein above designated "Point A";

	thence S. 37  32' 48" W., 31.00 feet; thence S. 52  27' 
	12" E., 25.00 feet; thence N. 37  32' 48" E., 31.00 feet; 
	thence N. 52  27' 12" W., 25.00 feet to the point of 
	beginning.

	Terms and conditions contained in the document hereinabove
	referred to.

	Said matter affects Parcels One.

19.     EASEMENT for the purposes stated herein and incidents thereto
	Purpose         :       Public Service Easements
	Granted to      :       City of San Jose
	Recorded        :       August 20, 1987 in Book K267, page 162,
				Official Records
	Affects         :       10 foot wide strips over Parcels Three, Four
				and Five and more fully described in said
				document

	Terms and conditions contained in the document hereinabove referred
	to.

	Said matter affects Parcels Three, Four and Five.

20.     EASEMENT for the purposes stated herein and incidents thereto
	Purpose         :       Sanitary Sewer Easement
	Granted to      :       City of San Jose
	Recorded        :       August 20, 1987 in Book K267, page 162,
				Official Records
	Affects         :       A 15 foot wide strip and a 20 foot wide strip
				over Parcels Four and Five more fully described
				in said document

	Terms and conditions contained in the document hereinabove referred
	to.

	Said matter affects Parcels Four and Five.

21.     LACK OF ABUTTER'S RIGHTS to and from Freeway 237, lying adjacent to
	the Northerly and Northeasterly line of Parcel Five, said rights
	having been released and relinquished
	By              :       Final Order of Condemnation
	To              :       The People of the State of California Acting
				by and through the Department of Transportation
	Recorded        :       March 30, 1994 in Book N373, page 0560,
				Official Records.

22.     Any rights, interests, or claims adverse to those of 
	the vestee herein which may exist or arise by reason of the 
	following facts shown on a survey plat entitled "ALTA/ACSM 
	LAND TITLE SURVEY," dated July 15, 1996, prepared by Bryan 
	& Murphy Engineers, Planners, Surveyors, Job No. 67320.

	a.      The fact that a cyclone fence extends across the 
		Southerly line of Parcel Five.

	b.      The fact that a walkway exists in the public services
		easement shown as Exception No. 16 and that said walkway
		extends across the Westerly lines of Parcel Six.

	c.      The fact that concrete landscaping extends across the
		Easterly line of Parcel Six.

	d.      The fact that a 12 foot wall extends across the Southerly
		line of Parcel Three.


EXHIBIT C


PRELIMINARY CHANGE OF OWNERSHIP REPORT
THIS REPORT IS NOT A PUBLIC DOCUMENT

(To be completed by transferee (buyer) prior to 
transfer of the subject property in accordance with 
Section 480.3 of the Revenue and Taxation Code.)
	
THIS SPACE FOR RECORDER'S USE

SELLER/TRANSFEROR:      

SELLER RECORDING DATE:                  DOCUMENT NO.   

BUYER/TRANSFEREE:

ASSESSOR'S IDENTIFICATION NUMBER(S)     
			LA ------       Page            Parcel

PROPERTY ADDRESS OR LOCATION:   
			No              Street

			City            State           Zip Code

MAIL TAX INFORMATION TO:

NAME:   

ADDRESS:        
		Street No       City            State   Zip Code

FOR ASSESSOR'S USE ONLY

Cluster ______         
OC1  _________    OC2   _________ 
DT   _________    INT   _________     
RC   _________    SP$   _________     
DTT $_________    # Pcl._________    


A Preliminary Change in Ownership Report must be filed with each conveyance 
in the County Recorder's office for the county where the property is located; 
this particular form may be used in all 58 counties of California.

NOTICE:  A lien for property taxes applies to your property on March 1 
of each year for the taxes owing in the following fiscal year, July 1 
through June 30.  One-half of those taxes is due November 1 and one-
half is due February 1.  The first installment becomes delinquent on 
December 10 and the second installment becomes delinquent on April 10. 
 One tax bill is mailed before November 1 to the owner of record.  IF 
THIS TRANSFER OCCURS AFTER MARCH 1 AND ON OR BEFORE DECEMBER 31, YOU 
MAY BE RESPONSIBLE FOR THE SECOND INSTALLMENT OF TAXES ON FEBRUARY 1.
The property which you acquired may be subject to a supplemental tax 
assessment in an amount to be determined by the Santa Clara County 
Assessor.  For further information on your supplemental roll 
obligation, please call the Santa Clara County Assessor at (___) ___-
____.


PART I:  TRANSFER INFORMATION   Please answer all questions.
YES     NO
 "	"    A.      Is this transfer solely between husband and 
		wife (Addition of a spouse, death of a spouse, divorce 
		settlement, etc.)?
 "	"    B.      Is this transaction only a correction of the 
		name(s) of the person(s) holding title to the property (For 
		example, a name change upon marriage)?
 "	"    C.      Is this document recorded to create, 
		terminate, or reconvey a lender's interest in the property?
 "	"    D.      Is this transaction recorded only to create, 
		terminate, or reconvey a security interest (e.g., cosigner)?
 "	"    E.      Is this document recorded to substitute a 
		trustee under a deed of trust, mortgage, or other similar 
		document?
 "	"    F.      Did this transfer result in the creation of a 
		joint tenancy in which the seller (transferor) remains as one 
		of the joint tenants?
 "	"    G.      Does this transfer return property to the 
		person who created the joint tenancy (original transferor)?
 "	"    H.      Is this transfer of property:
			1.      to a trust for the benefit of the 
				grantor, or grantor's spouse?
			2.      to a trust revocable by the transferor?
			3.      to a trust from which the property 
				reverts to the grantor within 12 years?
 "	"    I.      If this property is subject to a lease, is the 
		remaining lease term 35 years or more including written 
		options?
 "	"    J.      Is this a transfer from parents to children or 
		from children to parents?
 "	"    K.      Is this transaction to replace a principal 
		residence by a person 55 years of age or older?
 "	"    L.      Is this transaction to replace a principal 
		residence by a person who is severely disabled as defined by 
		Revenue and Taxation Code Section 69.5?

If you checked yes to J, K or L, an applicable claim form must be filed 
with the County Assessor.
Please provide any other information that would help the Assessor to 
understand the nature of the transfer.  


IF YOU HAVE ANSWERED "YES" TO ANY OF THE ABOVE QUESTIONS EXCEPT J, K, OR 
L, PLEASE SIGN AND DATE.
OTHERWISE COMPLETE BALANCE OF THE FORM.


PART II:  OTHER TRANSFER INFORMATION
A.      Date of transfer if other than recording date.  
B.      Type of transfer.  Please check appropriate box.
	__Purchase            __Foreclosure          __Gift    
	__Trade or Exchange   __Merger, Stock or Partnership Acquisition
	__Contract of Sale--Date of Contract____________________
	__Inheritance--Date of Contract____________________        
	__Other:  Please explain:         
	__Creation of a lease  __Assignment of a lease  __Termination of a lease
	  Date lease began____________________        
	  Original term in years (including written options)__________________        
	  Remaining term in years (including written options)_________________
C.      Was only a partial interest in the property transferred?  __Yes  __No
	If yes, indicate the percentage transferred  ____%


Please answer, to the best of your knowledge, all applicable questions, 
sign and date.  If a question does not apply, indicate with "N/A".
PART 1: PURCHASE PRICE & TERMS OF SALE
(a)  CASH DOWN PAYMENT OR Value of Trade or Exchange (excluding closing cost)
								 Amount $______

(b)  FIRST DEED OF TRUST  @____% interest for ____years. Pymts./Mo.= $___       
     (Prin. & Int. only)                                         Amount $______
     __FHA           __Fixed Rate     __New Loan
     __Conventional  __Variable Rate  __Assumed Existing Loan Balance
     __VA            __All Inclusive D.T. ($________ Wrapped)
     __Bank or Savings & Loan
     __Cal-Vet       __Loan Carried by Seller    __Finance Company
     Balloon Payment __Yes __No  Due Date______  Amount $______  Amount $______

(c)  SECOND DEED OF TRUST  @________% interest for ____ years.
     Pymts./Mo. = $________ (Prin. & Int. only)
     __Bank or Savings & Loan  __Fixed Rate     __New Loan
     __Loan Carried by Seller  __Variable Rate  __Assumed Existing Loan Balance
     Balloon Payment __Yes __No  Due Date______  Amount $______  Amount $____

(d)  OTHER FINANCING: Is other financing involved not covered in (b) or (c)
     above?    __Yes    __No
     Type____ @____% interest for ____ years.  Pymts./Mo. = $_____(Prin. & Int.
     only)
     __Bank or Savings & Loan  __Fixed Rate     __New Loan
     __Loan Carried by Seller  __Variable Rate  __Assumed Existing Loan Balance
     Balloon Payment __Yes __No  Due Date______  Amount $______  Amount $____   
   

(e)  IMPROVEMENT BOND      __Yes      __No     Outstanding Balance:____________

(f)  TOTAL PURCHASE PRICE: (or acquisition price,            
     if traded or exchanged, include real estate
     commission if paid.)                                       $
				Total items A through E            ____________

(g)  PROPERTY PURCHASED:        __Through a broker;
				__Direct form seller;
				__Other (Explain)______________________________       
     If purchased through a broker, provide broker's name and phone no.:    
     Please explain any special terms or financing and many other information
     that would help the Assessor understand the purchase price and terms of
     sale. 
	

PART 2: PROPERTY INFORMATION
(a)     IS PERSONAL PROPERTY INCLUDED IN THE PURCHASE PRICE
	(other than a mobilehome subject to local property tax)?                   
	__Yes    __No
	If yes, enter the value of the personal property included in the 
	purchase price $__________ (Attach itemized list of personal property)

(b)     IS THIS PROPERTY INTENDED AS YOUR PRINCIPAL RESIDENCE?     
	__Yes    __No
	If yes, enter date of occupancy ________/________/, 19__
					Month    Day
	or intended occupancy ________/________/, 19__     
			      Month    Day

(c)     TYPE OF PROPERTY TRANSFERRED:
	__Single-Family residence
	__Agricultural
	__Timeshare
	__Multiple-Family residence (no. of units:__)
	__Coop/Own-your-own
	__Mobilehome
	__Commercial/Industrial
	__Condominium
	__Unimproved lot
	__Other (Description:__________________________)

(d)     DOES THE PROPERTY PRODUCE INCOME?    __Yes    __No

(e)     IF THE ANSWER TO QUESTION D IS YES, IS THE INCOME FROM:
	__Lease/Rent
	__Contract
	__Mineral rights
	__Other - explain 
	
(f)     WHAT WAS THE CONDITION OF THE PROPERTY AT THE TIME OF SALE?
	__Good    __Average    __Fair    __Poor
	Enter here, or on an attached sheet, any other information that 
	would assist the Assessor in determining value of the property such 
	as the physical condition of the property, restrictions, etc.
		

		
	I certify that the foregoing is true, correct and complete to the 
	best of my knowledge and belief.
	
	Signed _____________________________ 
			
	Date _______________________________   
	     (New Owner/Corporate Officer)

	Please Print Name of New Owner/Corporate Officer        

	Phone No. where you are available from 8:00 a.m. - 5:00 p.m. (____)          
	(Note: The Assessor may contact you for further information)



If a document evidencing a change of ownership is presented to the recorder
for recordation without the concurrent filing of a PRELIMINARY CHANGE OF
OWNERSHIP REPORT, the recorder may charge an additional recording fee of
twenty dollars ($20).


Exhibit D

BILL OF SALE, ASSIGNMENT OF CONTRACT 
RIGHTS AND INTANGIBLE ASSETS


	Reference is made to that certain ______________ dated 
_______, 1996 (the "Agreement") between 3Com Corporation, a 
California Corporation, and Metropolitan Life Insurance 
Company, a New York corporation ("Metropolitan"), pursuant to 
which 3Com Corporation named BNP LEASING CORPORATION 
("Assignor") as its designee and Metropolitan conveyed to 
Assignor the real property described in Annex A attached 
hereto (the "Property).

	Assignor hereby sells, transfers and assigns unto [3COM 
OR THE APPLICABLE PURCHASER, AS THE CASE MAY BE], a 
_____________  ("Assignee"), all of Assignor's right, title 
and interest in and to the following property, if any, to the 
extent such property is assignable:

	(a)     any warranties, guaranties, indemnities and claims 
Assignor may have under the Agreement or under any document 
delivered by Metropolitan thereunder to the extent related to 
the Property;

	(b)     all licenses, permits or similar consents (excluding 
any prepaid utility reservations) from third parties to the 
extent related to the Property;

	(c)     any pending or future award made because of any 
condemnation affecting the Property or because of any 
conveyance to be made in lieu thereof, and any unpaid award 
for damage to the Property and any unpaid proceeds of 
insurance or claim or cause of action for damage, loss or 
injury to the Property;

	(d)     any goods, equipment, furnishings, furniture, 
chattels and personal property of whatever nature that are 
located on or about the Property; and

	(e) any general intangibles, permits, licenses, 
franchises, certificates, and other rights and privileges 
owned by Assignor and used solely in connection with, or 
relating solely to, the Property, including any such rights 
and privileges conveyed to Assignor pursuant to the Agreement; 
but excluding any rights or privileges of Assignor under (i) 
the Environmental Indemnity, as defined in that certain 
Purchase Agreement between Assignor and 3Com Corporation dated 
as of November 20, 1996 (the "Purchase Agreement") (pursuant 
to which this document is being delivered), (ii) the Lease, as 
defined in the Purchase Agreement, to the extent rights under 
the Lease relate to the period ending on the date hereof, 
whether such rights are presently known or unknown, including 
rights of the Assignor to be indemnified against claims of 
third parties as provided in the Lease which may not presently 
be known, and including rights to recover any accrued unpaid 
rent under the Lease which may be outstanding as of the date 
hereof, (iii) agreements between Assignor and Participants, as 
defined in the Lease, or any modification or extension 
thereof, and (iv) any other instrument being delivered to 
Assignor contemporaneously herewith pursuant to the Purchase 
Agreement.  

	Assignor does for itself and its heirs, executors and 
administrators, covenant and agree to warrant and defend the 
title to the property assigned herein against the just and 
lawful claims and demands of any person claiming under or 
through Assignor, but not otherwise; excluding, however, any 
claim or demand arising by, through or under [3COM].

	Assignee hereby assumes and agrees to keep, perform and 
fulfill Assignor's obligations, if any, relating to any 
permits or contracts, under which Assignor has rights being 
assigned herein.


	Executed:  ____________, _____.


		ASSIGNOR:

		BNP LEASING CORPORATION
		a Delaware corporation



		By:     
		Its:    


		ASSIGNEE:

		[3COM, OR THE APPLICABLE PURCHASER], a _________ corporation



		By:     
		Its:    



Annex A

Legal Description


REAL PROPERTY in the City of Santa Clara, County of Santa 
Clara, State of California, described as follows:


PARCEL ONE:

All of Parcel 1, as shown upon that certain Map entitled, 
"Amended Parcel Map," which Map was filed for record in the 
Office of the Recorder of the County of Santa Clara, State of 
California on December 22, 1983 in Book 523 of Maps, at pages 
7, 8 and 9.

EXCEPTING THEREFROM:

All that certain real property situated in the City of San 
Jose, County of Santa Clara, State of California, being a 
portion of Parcel 1, as shown on the Amended Parcel Map 
recorded in Book 523 of Maps at page 9, Santa Clara County 
Records, being more particularly described as follows:

Beginning at the most Westerly corner of said Parcel 1, being 
on the Northeasterly line of North First Street;

Thence N. 71  56' 56" E., 341.59 feet along the Northerly line 
of said Parcel 1;

Thence S. 37  32' 48" W., 281.82 feet to said Northeasterly 
line of North First Street;

Thence along said Northeasterly line N. 52  27' 37" W., 193.00 
feet to the true point of beginning.

ALSO EXCEPTING THEREFROM:

That portion described in the Grant Deed to the City of San 
Jose, a municipal corporation recorded August 20, 1987 in 
Book K267, page 156 Official Records, and being more 
particularly described as follows:

All that certain real property situate in the City of San 
Jose, County of Santa Clara, State of California, being a 
portion of Parcel 1 as shown on the Amended Parcel Map 
recorded in Book 523 of Maps, at page 9, Santa Clara County 
Records, being also a portion of Parcel 2 as described in the 
deed recorded October 21, 1985 in Book J492 of Official 
Records at page 1703, Santa Clara County Records, being more 
particularly described as follows:

Beginning at the most Southerly corner of the parcel of land 
described in the deed recorded October 21, 1985 at Series 
Number 8564627, Book J492 of Official Records at page 1698, 
Santa Clara County Records;

thence along the Southeasterly line of said parcel described 
in said deed recorded October 21, 1985, N. 37  32' 48" E., 
281.82 feet to the Northwesterly line of said Parcel 2;

thence along said Northwesterly line the following three 
courses:  N. 37  32' 48" E., 20.53 feet;

thence along a curve to the right having a radius of 
300.00 feet through a central angle of 7  12' 34" for an arc 
length of 37.75 feet;

thence N. 44  45' 22" E., 261.02 feet to the Northeasterly 
line of said Parcel 2;

thence along said Northeasterly S 45  14' 38" E., 27.00 feet 
to a line that is parallel with and 27.00 Southeasterly of 
said Northwesterly line;

thence along said parallel line S. 44  45' 22" W., 
261.02 feet;

thence along a curve to the left having a radius of 
273.00 feet through a central angle of 7  12' 34" for an arc 
length of 34.35 feet;

thence S. 37  32' 48" W., 252.35 feet;

thence along a curve to the left having a radius of 50.00 feet 
through a central angle of 90  00' 00" for an arc length of 
78.54 feet to the Northeasterly line of North First Street;

thence along said Northeasterly line N. 52  27' 12" W., 
77.00 feet to the point of beginning.

PARCEL TWO:

All that certain real property situate in the City of San 
Jose, County of Santa Clara, State of California, being a 
portion of that parcel of land described in the Deed recorded 
May 3, 1979 in Book E464 of Official Records at page 51, Santa 
Clara County Records, being more particularly described as 
follows:

Beginning at the most Westerly corner of Parcel 1 as shown on 
the Amended Parcel Map recorded in Book 523 of Maps at page 9, 
Santa Clara County Records, said corner being on the 
Northeasterly line of North First Street;

thence along the Northerly line of said Parcel 1, N. 71  56' 
56" E, 341.59 feet to the true point of beginning;

thence continuing along said Northerly line N. 71  56' 56" E., 
358.60 feet;

thence N. 45  14' 38" W., 168.87 feet;

thence S. 44  45' 22" W., 261.02 feet;

thence along a curve to the left having a radius of 
300.00 feet through a central angle of 7  12' 34" for an arc 
length of 37.75 feet;

thence S. 37  32' 48" W., 20.53 feet to the true point of 
beginning.

EXCEPTING THEREFROM:

That portion described in the Grant Deed to the City of San 
Jose, a municipal corporation recorded August 20, 1987 in 
Book K267, page 156 Official Records, and being more 
particularly described as follows:

All that certain real property situate in the City of San 
Jose, County of Santa Clara, State of California, being a 
portion of Parcel 1 as shown on the Amended Parcel Map 
recorded in Book 523 of Maps, at page 9, Santa Clara County 
Records, being also a portion of Parcel 2 as described in the 
deed recorded October 21, 1985 in Book J492 of Official 
Records at page 1703, Santa Clara County Records, being more 
particularly described as follows:

Beginning at the most Southerly corner of the parcel of land 
described in the deed recorded October 21, 1985 at Series 
Number 8564627, Book J492 of Official Records at page 1698, 
Santa Clara County Records;

thence along the Southeasterly line of said parcel described 
in said deed recorded October 21, 1985, N. 37  32' 48" E., 
281.82 feet to the Northwesterly line of said Parcel 2;

thence along said Northwesterly line the following three 
courses; N. 37  32' 48" E., 20.53 feet;

thence along a curve to the right having a radius of 
300.00 feet through a central angle of 7  12' 34" for an arc 
length of 37.75 feet;

thence N. 44  45' 22" E., 261.02 feet to the Northeasterly 
line of said Parcel 2;

thence along said Northeasterly S 45  14' 38" E., 27.00 feet 
to a line that is parallel with and 27.00 Southeasterly of 
said Northwesterly line;

thence along said parallel line S. 44  45' 22" W., 
261.02 feet;

thence along a curve to the left having a radius of 
273.00 feet through a central angle of 7  12' 34" for an arc 
length of 34.35 feet;

thence S. 37  32' 48" W., 252.35 feet;

thence along a curve to the left having a radius of 50.00 feet 
through a central angle of 90  00' 00" for an arc length of 
78.54 feet to the Northeasterly line of North First Street;

thence along said Northeasterly line N. 52  27' 12" W., 
77.00 feet to the point of beginning.

PARCEL THREE:

Beginning at a 4" x 4" stake marked A.D.C.M.1, standing on the 
Southerly line of the Alviso and Milpitas Road, from which 
stake a stone Monument standing at the point of intersection 
of the South line of the Alviso and Milpitas Road with the 
center line of the San Jose and Alviso Road bears West 
28.14 chains; running thence along the South line of the 
Alviso and Milpitas Road East 38.88 chains to a 4"x4" stake 
marked C.M.N.M.1; thence S. 7  20' E., 7.835 chains to a 4"x4" 
stake marked C.M.N.M.2 standing on the Southerly line of the 
lands formerly belonging to the Estate of John W. Meads; 
thence along said Southerly line S. 88  55' W., 36.74 chains 
to a 4"x4" stake marked M.4; thence S. 59  57' E., 
1.322 chains to a 4" stake marked M.3;

thence S. 71  48' W., 3.35 chains to a 4"x4" stake marked A 
D.C.M. 3; thence N. 1  28' W. 5.02 chains to a 4"x4" stake 
marked A D.C.M.2; thence N. 10  18' W., 5.474 chains to the 
place of beginning, and being Lot 2 as shown on the map 
accompanying the report of the sole commissioner in the 
partition of the Estate of John W. Meads, deceased.

EXCEPTING THEREFROM

A portion of that parcel of land described in the Deed 
recorded September 21, 1966 as Instrument No. 3120626 in 
Book 7512, page 79, Official Records of Santa Clara County, 
said portion being more particularly described as follows:

Commencing at the Northeasterly corner of that parcel of land 
described in the Deed to the State of California, recorded 
November 15, 1957 in Volume 3937, page 635, Official Records 
of Santa Clara County; thence along the Northerly line of said 
parcel (7512 OR 79) S. 89  01' 21" E., 2959.87 feet and N. 74  
49' 08" E., 1314.86 feet to the Easterly line of last said 
parcel; thence along last said line S. 6  22' 52" E., 
76.47 feet; thence S. 80  54' 25" W., 72.96 feet to a line 
parallel with, and distant 67.83 feet Southerly, at right 
angles, from the course described above as "N. 74  49' 08" E., 
1314.86 feet"; thence along said parallel line S. 74  49' 08" 
W., 1034.16 feet; thence along a tangent curve to the right 
with a radius of 1395.00 feet through an angle of 16  09' 31", 
an arc length of 393.42 feet to a line parallel with and 
distant 65.59 feet Southerly, at right angles, from the course 
described above as "S. 89  01' 21" E., 2959.87 feet"; thence 
along last said parallel line N. 89  01' 21" W., 2767.11 feet 
to the Easterly line of said State of California Parcel; 
thence along last said line N. 9  29' 21" W., 66.70 feet to 
the point of commencement, as granted to the State of 
California by Deed recorded February 17, 1970, Series 
No. 3764080, Book 8830, page 352 and Series No. 3764081, 
Book 8830, page 355, Official Records, Santa Clara County.

ALSO EXCEPTING THEREFROM:

All that certain real property situate in the City of San 
Jose, County of Santa Clara, State of California, being a 
portion of the parcel of land described in the Deed recorded 
July 26, 1984 in Book I749 of Official Records, page 539, 
Santa Clara County Records, being more particularly described 
as follows:

Beginning at the most Westerly corner of Parcel 1 as shown on 
the Amended Parcel Map recorded in Book 523 of Maps, at 
page 9, Santa Clara County Records, said corner being on the 
Northeasterly line of North First Street; thence along the 
Northerly line of said Parcel 1, N. 71  56' 56" E., 
787.15 feet to the Westerly line of said Parcel described in 
the said Deed recorded July 26, 1984; thence along said 
Westerly line N. 1  19' 04" W., 327.06 feet to the true point 
of beginning; thence continuing along said Westerly line N. 1  
19' 04" W., 4.26 feet; thence N. 10  16' 10" W., 261.37 feet; 
thence leaving said Westerly line S. 89  50' 02" E., 
218.46 feet; thence S. 0  09' 58" W., 88.17 feet; thence 
Southwesterly along a non-tangent curve to the left having a 
radius of 325.00 feet whose radius point bears S. 43  03' 16" 
E., through a central angle of 2  11' 22" for an arc length of 
12.42 feet; thence S. 44  45' 22" W., 230.93 feet to the true 
point of beginning.

ALSO EXCEPTING THEREFROM:

That portion described in the Grant Deed to The City of San 
Jose, a municipal corporation, recorded August 20, 1987 in 
Book K267, page 162 Official Records, and being more 
particularly described as follows:

All that certain real property situate in the City of San 
Jose, County of Santa Clara, State of California, being a 
portion of the parcel of land described in the Deed recorded 
July 26, 1984 in Book I749 of Official Records, at page 539, 
Santa Clara County Records, being also a portion of the 
Parcel 4 as described in the Deed recorded October 21, 1985 in 
Book J492 of Official Records at page 1713, Santa Clara County 
Records, being more particularly described as follows:

Beginning at the most Westerly corner of said Parcel 4;

thence along the Northwesterly line of said Parcel 4, N. 44  
45' 22" E., 278.16 feet to the Westerly line of said parcel 
described in said Deed recorded July 26, 1984;

thence along said Westerly line N. 1  19' 04" W., 37.49 feet 
to the Southeasterly line of Parcel 3 as described in the deed 
recorded October 21, 1985 in Book J492 of Official Records, at 
page 1708, Santa Clara County Records;

thence along said Southeasterly line N. 44  45' 22" E., 
230.93 feet;

thence Northeasterly along a curve to the right having a 
radius at 325.00 feet through a central angle of 45  24' 36" 
for an arc length of 257.58 feet;

thence S. 89  50' 02" E., 2099.12 feet;

thence along a curve to the left, having a radius of 
2000.00 feet, through a central angle of 6  03' 43" for an arc 
length of 211.60 feet;

thence N. 84  06' 15" E., 709.89 feet;

thence along a curve to the right having a radius of 
350.00 feet through a central angle of 31  13' 08" for an arc 
length of 190.71 feet;

thence S. 64  40' 37" E., 358.91 feet;

thence along a curve to the right having a radius of 
226.00 feet through a central angle of 42  17' 12" for an arc 
length of 166.80 feet to a point of reverse curvature;

thence along a curve to the left having a radius 173.00 feet 
through a central angle of 55  40' 26" for an arc length of 
168.10 feet to a point of compound curvature;

thence along a curve, to the left having a radius of 
43.00 feet through a central angle of 106  08' 43" for an arc 
length of 79.66 feet to a point of reverse curvature;

thence along a curve to the right having a radius of 
1065.00 feet through a central angle of 2  47' 46" for an arc 
length of 51.97 feet;

thence N. 1  24' 49" W, 358.65 feet;

thence along a curve to the left having a radius of 
931.00 feet through a central angle of 1  55' 58" for an arc 
length of 31.40 feet to a point on the Westerly line of Zanker 
Road;

thence along said Westerly line S 7  05' 54" E., 546.38 feet 
to the Southerly line of said parcel described in said deed 
recorded July 26, 1984;

thence along said Southerly line S. 88  44' 54" W., 
72.55 feet;

thence Northwesterly along a non-tangent curve to the right 
having a radius of 226.00 feet whose radius point bears N. 0  
26' 07" E., through a central angle of 67  10' 28" for an arc 
length of 264.97 feet to a point of reverse curvature;

thence along a curve to the left having a radius of 
173.00 feet through a central angle of 42  17' 12" for an arc 
length of 127.68 feet;

thence N. 64  40' 37" W., 358.91 feet;

thence along a curve to the left having a radius of 
297.00 feet through a central angle of 31  13' 08" for an arc 
length of 161.83 feet;

thence S. 84  06' 15" W., 709.89 feet;

thence along a curve to the right having a radius of 
2053.00 feet through a central angle of 6  03' 43" for an arc 
length of 217.71 feet;

thence N. 89  50' 02" W., 1574.68 feet;

thence along a curve to the left having a radius of 50.00 feet 
through a central angle of 90  00' 00" for an arc length of 
78.54 feet;

thence S. 0  09' 58" W., 247.88 feet;

thence along curve to the right having a radius of 177.00 feet 
through a central angle of 37  22' 50" for an arc length of 
115.48 feet to said Southerly line, being also the 
Northwesterly corner of Parcel 1 shown on the Parcel Map 
recorded in Book 531 of Maps at page 42 Santa Clara County 
Records;

thence along said Southerly line S. 88  44' 54" W., 
69.29 feet;

thence leaving said line N. 37  32' 48" E., 43.41 feet;

thence along a curve to the left having a radius of 
123.00 feet through a central angle of 37  22' 50" for an arc 
length of 80.25 feet;

thence N. 0  09' 58" E., 247.88 feet;

thence along a curve to the left having a radius of 50.00 feet 
through a central angle of 90  00' 00" for an arc length of 
78.54 feet;

thence N. 89  50' 02" W., 365.69 feet;

thence along a curve to the left having a radius of 
280.00 feet through a central angle of 45  24' 36" for an arc 
length of 221.92 feet;

thence S. 44  45' 22" W., 532.74 feet to the Southwesterly 
line of said Parcel 4;

thence along said Southwesterly N. 45  14' 38" W., 27.00 feet 
to the point of beginning.

ALSO EXCEPTING THEREFROM:

That portion thereof as shown in that Final Order of 
Condemnation recorded March 30, 1994 in Book N373, page 560, 
Official Records and all that portion lying thereof and being 
more particularly described as follows:

All that certain real property situate in the City of San 
Jose, County of Santa Clara, described as follows:

Beginning at the Northwest corner of Parcel 3 as described in 
the Deed from Highway 237 Associates, a California general 
partnership, to John Arrillaga, et al, recorded October 21, 
1985 in Book J492 of Official Records, at page 1708, Santa 
Clara County Records; thence from said point of beginning, 
along the Northerly prolongation of the Westerly line of said 
Parcel 3 N. 9  29' 16" W., 11.25 feet; thence leaving said 
Northerly prolongation N. 88  43' 01" E., 202.59 feet; thence 
N. 89  49' 56" E. 330.95 feet; thence N. 0  58' 44" E., 
6.61 feet to a point in the Southerly line of that certain 
6.465 acre parcel described in the Deed from Edward S.J. Cali, 
et al, to the State of California; recorded February 17, 1970 
in Book 8830 of Official Records at page 352 Santa Clara 
County Records; thence along said Southerly line S 89  01' 16" 
E., 1954.77 feet; thence leaving said Southerly line S. 86  
14' 18" E., 317.01 feet to a point in the general Northerly 
line of the 6.474 acre parcel described in the Deed from 
Metropolitan Life Insurance Company, a New York corporation to 
the City of San Jose, a municipal corporation of the State of 
California recorded August 20, 1987 in Book K267 of Official 
Records at page 162 Santa Clara County Records; thence along 
said general Northerly line the following courses: S 84  55' 
33" W. 51.74 feet; from a tangent bearing of S. 84  54' 26" W. 
along a curve to the right with a radius of 1999.89 feet, 
through a central angle of 6  03' 42" for an arc length of 
211.58 feet; N. 89  01' 32" W. 2099.03 feet; and from a 
tangent bearing of N. 89  01' 57" W., along a curve to the 
left with a radius of 324.98 feet, through a central angle of 
43  13' 13" for an arc length of 245.14 feet to the 
Southeasterly corner of said Parcel 3; thence along the 
Easterly line of said Parcel 3 N. 0  58' 29" E., 88.17 feet to 
the Northeast corner of said Parcel 3; thence along the 
Northerly line of said Parcel 3 N. 89  01' 31" W., 218.48 feet 
to the point of beginning.

ALSO EXCEPTING THEREFROM:

Beginning at the Southwest corner of that certain 6.465 acre 
parcel of land described in the Deed from Edward S.J. Cali, et 
al to the State of California recorded February 17, 1970 in 
Book 8830 of Official Records at page 352, Santa Clara County 
Records; thence from said point of beginning, along the 
Southerly line of said 6.465 acre parcel S. 89  01' 16" E. 
537.24 feet; thence leaving said Southerly line, at right 
angles, S 0  58' 44" W. 6.61 feet; thence S. 89  49' 56" W. 
330.95 feet; thence S. 88  43' 01" W. 202.59 feet to a point 
in the Southerly prolongation of the Westerly line of said 
6.465 acre parcel; thence along said Southerly prolongation N. 
9  29' 16" W., 21.59 feet to the point of beginning.

PARCEL FOUR:

All that certain real property situate in the City of San 
Jose, County of Santa Clara, State of California, being a 
portion of that parcel of land described in the Deed recorded 
May 3, 1979 in Book E464 of Official Records, at page 51, 
Santa Clara County Records, being more particularly described 
as follows:

Beginning at the most Westerly corner of Parcel 1 as shown on 
the Amended Parcel Map recorded in Book 523 of Maps, at 
page 9, Santa Clara County Records, said corner being on the 
Northeasterly line of North First Street; thence along the 
Northerly line of said Parcel 1, N. 71  56' 56" E., 
700.27 feet to the true point of beginning; thence continuing 
along said Northerly line N. 71  56' 56" E., 86.88 feet to the 
Easterly line of said parcel of land described in the Deed 
recorded May 3, 1979; thence along said Easterly line N. 1  
19' 04" W., 289.58 feet; thence leaving said Easterly line S. 
44  45' 22" W. 278.16 feet; thence S. 45  14' 38: E., 
168.87 feet to the true point of beginning.

EXCEPTING THEREFROM:

That portion described in the Grant Deed to The City of San 
Jose, a municipal corporation, recorded August 20, 1987 in 
Book K267, page 162 Official Records, and being more 
particularly described as follows:

All that certain real property situate in the City of San 
Jose, County of Santa Clara, State of California, being a 
portion of the parcel of land described in the Deed recorded 
July 26, 1984 in Book I749 of Official Records, at page 539, 
Santa Clara County Records, being also a portion of the 
Parcel 4 as described in the Deed recorded October 21, 1985 in 
Book J492 of Official Records at page 1713, Santa Clara County 
Records, being more particularly described as follows:

Beginning at the most Westerly corner of said Parcel 4;

thence along the Northwesterly line of said Parcel 4, N. 44  
45' 22" E., 278.16 feet to the Westerly line of said parcel 
described in said Deed recorded July 26, 1984;

thence along said Westerly line N. 1  19' 04" W., 37.49 feet 
to the Southeasterly line of Parcel 3 as described in the deed 
recorded October 21, 1985 in Book J492 of Official Records, at 
page 1708, Santa Clara County Records;

thence along said Southeasterly line N. 44  45' 22" E., 
230.93 feet;

thence Northeasterly along a curve to the right having a 
radius at 325.00 feet through a central angle of 45  24' 36" 
for an arc length of 257.58 feet;

thence S. 89  50' 02" E., 2099.12 feet;

thence along a curve to the left, having a radius of 
2000.00 feet, through a central angle of 6  03' 43" for an arc 
length of 211.60 feet;

thence N. 84  06' 15" E., 709.89 feet;

thence along a curve to the right having a radius of 
350.00 feet through a central angle of 31  13' 08" for an arc 
length of 190.71 feet;

thence S. 64  40' 37" E., 358.91 feet;

thence along a curve to the right having a radius of 
226.00 feet through a central angle of 42  17' 12" for an arc 
length of 166.80 feet to a point of reverse curvature;

thence along a curve to the left having a radius 173.00 feet 
through a central angle of 55  40' 26" for an arc length of 
168.10 feet to a point of compound curvature;

thence along a curve, to the left having a radius of 
43.00 feet through a central angle of 106  08' 43" for an arc 
length of 79.66 feet to a point of reverse curvature;

thence along a curve to the right having a radius of 
1065.00 feet through a central angle of 2  47' 46" for an arc 
length of 51.97 feet;

thence N. 1  24' 49" W, 358.65 feet;

thence along a curve to the left having a radius of 
931.00 feet through a central angle of 1  55' 58" for an arc 
length of 31.40 feet to a point on the Westerly line of Zanker 
Road;

thence along said Westerly line S 7  05' 54" E., 546.38 feet 
to the Southerly line of said Parcel described in said deed 
recorded July 26, 1984;

thence along said Southerly line S. 88  44' 54" W., 72.55 
feet;

thence Northwesterly along a non-tangent curve to the right 
having a radius of 226.00 feet whose radius point bears N. 0  
26' 07" E., through a central angle of 67  10' 28" for an arc 
length of 264.97 feet to a point of reverse curvature;

thence along a curve to the left having a radius of 
173.00 feet through a central angle of 42  17' 12" for an arc 
length of 127.68 feet;

thence N. 64  40' 37" W 358.91 feet;

thence along a curve to the left having a radius of 
297.00 feet through a central angle of 31  13' 08" for an arc 
length of 161.83 feet;

thence S. 84  06' 15" W., 709.89 feet;

thence along a curve to the right having a radius of 
2053.00 feet through a central angle of 6  03' 43" for an arc 
length of 217.71 feet;

thence N. 89  50' 02" W., 1574.68 feet;

thence along a curve to the left having a radius of 50.00 feet 
through a central angle of 90  00' 00" for an arc length of 
78.54 feet;

thence S. 0  09' 58" W., 247.88 feet;

thence along curve to the right having a radius of 177.00 feet 
through a central angle of 37  22' 50" for an arc length of 
115.48 feet to said Southerly line, being also the 
Northwesterly corner of Parcel 1 shown on the Parcel Map 
recorded in Book 531 of Maps at page 42 Santa Clara County 
Records;

thence along said Southerly line S. 88  44' 54" W. 69.29 feet;

thence leaving said line N. 37  32' 48" E., 43.41 feet;

thence along said Southerly line S. 88  44' 54" W., 
69.29 feet;

thence leaving said line N. 37  32' 48" E., 43.41 feet;

thence along a curve to the left having a radius of 
123.00 feet through a central angle of 37  22' 50" for an arc 
length of 80.25 feet;

thence N. 0  09' 58" E., 247.88 feet;

thence along a curve to the left having a radius of 50.00 feet 
through a central angle of 90  00' 00" for an arc length of 
78.54 feet;

thence N. 89  50' 02" W., 365.69 feet;

thence along a curve to the left having a radius of 
280.00 feet through a central angle of 45  24' 36" for an arc 
length of 221.92 feet;

thence S. 44  45' 22" W., 532.74 feet to the Southwesterly 
line of said Parcel 4;

thence along said Southwesterly N. 45  14' 38" W., 27.00 feet 
to the point of beginning.

PARCEL FIVE:

Beginning at a 4'x4' stake marked C.M.N.M.1., standing on the 
Southerly line of the Alviso and Milpitas Road, from which 
stake a stone monument standing at the point of intersection 
of the Southerly line of the Alviso and Milpitas Road with the 
center line of the San Jose and Alviso Road bears West 
67.02 chains; running thence along the South line of the 
Alviso and Milpitas Road East 5.955 chains to a 4'x4' stake 
marked M; thence still along the Southeasterly line of the 
Alviso and Milpitas Road N. 73  54' E., 19.93 chains to a 
fence post marked W.P. standing in fence line on the Westerly 
line of lands now or formerly of Boots; thence along said 
fence S. 7  15' E., 12.77 chains to a stake marked M.1.; 
thence along the fence along the Northerly line of the lands 
now or formerly of Nicholson, S. 88  55' W., 25.727 chains to 
a 4'x4' stake marked C.M.N.M.2; thence N. 7  20' W., 
7.835 chains to the place of beginning, and being Lot 3 as 
shown on the Map accompanying the report of the sole 
commissioner in the partition of the Estate of John W. Meads, 
deceased.

Excepting therefrom a portion of that parcel of land described 
in the Deed recorded September 2, 1966 as instrument 
No. 3120626 in Book 7512, page 79, Official Records of Santa 
Clara County, said portion being more particularly described 
as follows:

Commencing at the Northeasterly corner of that parcel of land 
described in the Deed to the State of California, recorded 
November 15, 1957 in Volume 3937, page 635, Official Records 
of Santa Clara County; thence along the Northerly line of said 
Parcel (7512 or 79) S. 89  01' 21" E., 2959.87 feet and N. 74  
49' 08" E., 1314.86 feet to the Easterly line of last said 
parcel; thence along last said line S. 6  22' 52" E., 
76.47 feet; thence S. 80  54' 25" W., 72.96 feet to a line 
parallel with, and distant 67.83 feet Southerly, at right 
angles, from the course described above as "N. 74  49' 08" E., 
1314.86 feet"; thence along said parallel line S. 74  49' 08" 
W., 1034.16 feet; thence along a tangent curve to the right 
with a radius of 1395.00 feet through an angle of 16  09' 31", 
an arc length of 393.42 feet to a line parallel with and 
distant 65.59 feet Southerly, at right angles, from the course 
described above as "S. 89  01' 21" E., 2959.87 feet"; thence 
along last said parallel line N. 89  01' 21" W., 2767.11 feet 
to the Easterly line of said State of California; thence along 
last said line N. 9  29' 21" W., 66.70 feet to the point of 
commencement, as granted to the State of California by Deed 
recorded February 17, 1970, Series No. 3764080, Book 8830, 
page 352 and Series No. 3764081, Book 8830, page 355, Official 
Records, Santa Clara County.

The bearings and distances used in the above excepted 
description are on the California System Zone 3.  Multiply the 
above distances by 1.0000530 to obtain ground level distances.

ALSO EXCEPTING THEREFROM:

That portion described in the Grant Deed to The City of San 
Jose, a municipal corporation, recorded August 20, 1987 in 
Book K267, page 162 Official Records, and being more 
particularly described as follows:

All that certain real property situate in the City of San 
Jose, County of Santa Clara, State of California, being a 
portion of the parcel of land described in the Deed recorded 
July 26, 1984 in Book I749 of Official Records, at page 539, 
Santa Clara County Records, being also a portion of the 
Parcel 4 as described in the Deed recorded October 21, 1985 in 
Book J492 of Official Records at page 1713, Santa Clara County 
Records, being more particularly described as follows:

Beginning at the most Westerly corner of said Parcel 4;

thence along the Northwesterly line of said Parcel 4, N. 44  
45' 22" E., 278.16 feet to the Westerly line of said parcel 
described in said Deed recorded July 26, 1984;

thence along said Westerly line N. 1  19' 04" W., 37.49 feet 
to the Southeasterly line of Parcel 3 as described in the deed 
recorded October 21, 1985 in Book J492 of Official Records, at 
page 1708, Santa Clara County Records;

thence along said Southeasterly line N. 44  45' 22" E., 
230.93 feet;

thence Northeasterly along a curve to the right having a 
radius at 325.00 feet through a central angle of 45  24' 36" 
for an arc length of 257.58 feet;

thence S. 89  50' 02" E., 2099.12 feet;

thence along a curve to the left, having a radius of 
2000.00 feet, through a central angle of 6  03' 43" for an arc 
length of 211.60 feet;

thence N. 84  06' 15" E., 709.89 feet;

thence along a curve to the right having a radius of 
350.00 feet through a central angle of 31  13' 08" for an arc 
length of 190.71 feet;

thence S. 64  40' 37" E., 358.91 feet;

thence along a curve to the right having a radius of 
226.00 feet through a central angle of 42  17' 12" for an arc 
length of 166.80 feet to a point of reverse curvature;

thence along a curve lo the left having a radius 173.00 feet 
through a central angle of 55  40' 26" for an arc length of 
168.10 feet to a point of compound curvature;

thence along a curve, to the left having a radius of 
43.00 feet through a central angle of 106  08' 43" for an arc 
length of 79.66 feet to a point of reverse curvature;

thence along a curve to the right having a radius of 
1065.00 feet through a central angle of 2  47' 46" for an arc 
length of 51.97 feet;

thence N. 1  24' 49" W, 358.65 feet;

thence along a curve to the left having a radius of 
931.00 feet through a central angle of 1  55' 58" for an arc 
length of 31.40 feet to a point on the Westerly line of Zanker 
Road;

thence along said Westerly line S 7  05' 54" E., 546.38 feet 
to the Southerly line of said parcel described in said deed 
recorded July 26, 1984;

thence along said Southerly line S. 88  44' 54" W., 
72.55 feet;

thence Northwesterly along a non-tangent curve to the right 
having a radius of 226.00 feet whose radius point bears N. 0  
26' 07" E., through a central angle of 67  10' 28" for an arc 
length of 264.97 feet to a point of reverse curvature;

thence along a curve to the left having a radius of 
173.00 feet through a central angle of 42  17' 12" for an arc 
length of 127.68 feet;

thence N. 64  40' 37" W. 358.91 feet;

thence along a curve to the left having a radius of 
297.00 feet through a central angle of 31  13' 08" for an arc 
length of 161.83 feet;

thence S. 84  06' 15" W., 709.89 feet;

thence along a curve to the right having a radius of 
2053.00 feet through a central angle of 6  03' 43" for an arc 
length of 217.71 feet;

thence N. 89  50' 02" W., 1574.68 feet;

thence along a curve to the left having a radius of 50.00 feet 
through a central angle of 90  00' 00" for an arc length of 
78.54 feet;

thence S. 0  09' 58" W., 247.88 feet;

thence along curve to the right having a radius of 177.00 feet 
through a central angle of 37  22' 50" for an arc length of 
115.48 feet to said Southerly line, being also the 
Northwesterly corner of Parcel 1 shown on the Parcel Map 
recorded in Book 531 of Maps at page 42 Santa Clara County 
Records;

thence along said Southerly line S. 88  44' 54" W., 
69.29 feet;

thence leaving said line N. 37  32' 48" E., 43.41 feet;

thence along a curve to the left having a radius of 
123.00 feet through a central angle of 37  22' 50" for an arc 
length of 80.25 feet;

thence N. 0  09' 58" E., 247.88 feet;

thence along a curve to the left having a radius of 50.00 feet 
through a central angle of 90  00' 00" for an arc length of 
78.54 feet;

thence N. 89  50' 02" W., 365.69 feet;

thence along a curve to the left having a radius of 
280.00 feet through a central angle of 45  24' 36" for an arc 
length of 221.92 feet;

thence S. 44  45' 22" W., 532.74 feet to the Southwesterly 
line of said Parcel 4;

thence along said Southwesterly N. 45  14' 38" W., 27.00 feet 
to the point of beginning.

ALSO EXCEPTING THEREFROM:

That portion described in the Grant Deed to The City of San 
Jose, a municipal corporation, recorded August 20, 1987 in 
Book K267, page 162 Official Records, and being more 
particularly described as follows:

All that certain real property situate in the City of San 
Jose, County of Santa Clara, State of California being a 
portion of the parcel of land described in the Deed recorded 
July 26, 1984 in Book I749 of Official Records, at page 539, 
Santa Clara County Records, being more particularly described 
as follows:

Beginning at the Northeasterly corner of said parcel, said 
corner being on the Westerly line of Zanker Road and Southerly 
line of Highway 237;

thence along the Easterly line of said Parcel, S. 7  05' 54" 
E. 99.01 feet;

thence Northerly along a non-tangent curve to the left having 
a radius of 931.00 feet whose radius point bears S. 79  08' 
59" W. through a central angle of 3  39' 23" for an arc length 
of 59.41 feet to a point of compound curvature;

thence along a curve to the left having a radius of 43.00 feet 
through a central angle of 85  24' 20" for an arc length of 
64.10 feet to the Northerly line of said Parcel;

thence along said Northerly line N. 60  05' 16" E, 50.59 feet 
to the point of beginning.

ALSO EXCEPTING THEREFROM:

That portion thereof as shown in that Final Order of 
Condemnation recorded March 30, 1994 in Book N373, page 560, 
Official Records and all that portion lying thereof and being 
more particularly described as follows:

All that certain real property situate in the City of San 
Jose, County of Santa Clara, described as follows:

Beginning at the Northwest corner of Parcel 3 as described in 
the Deed from Highway 237 Associates, a California general 
partnership, to John Arrillaga, et al, recorded October 21, 
1985 in Book J492 of Official Records, at page 1708, Santa 
Clara County Records; thence from said point of beginning, 
along the Northerly prolongation of the Westerly line of said 
Parcel 3, N. 9  29' 16" W., 11.25 feet; thence leaving said 
Northerly prolongation N. 88  43' 01" E., 202.59 feet; thence 
N. 89  49' 56" E. 330.95 feet; thence N. 0  58' 44" E., 
6.61 feet to a point in the Southerly line of that certain 
6.465 acre parcel described in the Deed from Edward S.J. Cali, 
et al, to the State of California; recorded February 17, 1970 
in Book 8830 of Official Records at page 352 Santa Clara 
County Records; thence along said Southerly line S 89  01' 16" 
E., 1954.77 feet; thence leaving said Southerly line S. 86  
14' 18" E., 317.01 feet to a point in the general Northerly 
line of the 6.474 acre parcel described in the Deed from 
Metropolitan Life Insurance Company, a New York corporation to 
the City of San Jose, a municipal corporation of the State of 
California recorded August 20, 1987 in Book K267 of Official 
Records at page 162 Santa Clara County Records; thence along 
said general Northerly line the
following courses; S 84  55' 33" W. 51.74 feet; from a tangent 
bearing of S. 84  64' 26" W. along a curve to the right with a 
radius of 1999.89 feet, through a central angle of 6  03' 42" 
for an arc length of 211.58 feet N. 89  01' 32" W. 
2099.03 feet and from a tangent bearing of N. 89  01' 57" W., 
along a curve to the left with a radius of 324.98 feet, 
through a central angle of 43  13' 13" for an arc length of 
245.14 feet to the Southeasterly corner of said Parcel 3; 
thence along the Easterly line of said Parcel 3 N. 0  58' 29" 
E., 88.17 feet to the Northeast corner of said Parcel 3; 
thence along the Northerly line of said Parcel 3 N. 89  01' 
31" W., 218.48 feet to the point of beginning.

ALSO EXCEPTING THEREFROM:

That portion thereof as shown in that Final Order of 
Condemnation recorded March 30, 1994 in Book N373, page 560, 
Official Records and all that portion lying thereof and being 
more particularly described as follows:

Beginning at the Northwest corner of that certain 0.019 acre 
parcel described in the Deed from Metropolitan Life Insurance 
Company, a New York Corporation, to the City of San Jose, a 
municipal corporation of the State of California, recorded 
August 20, 1987 in Book K267 of Official Records at page 162 
Santa Clara County Records; thence from said point of 
beginning, along the Southerly line of that certain 6.465 acre 
parcel of land described in the Deed from Edward S.J. Cali, et 
al to the State of California, recorded February 17, 1970 in 
Book 8830 of Official Records at page 352 Santa Clara County 
Records, the following courses:  S 80  55' 58" W. 
1034.16 feet; along a tangent curve to the right with a radius 
of 1395.00 feet, through a central angle of 16  09' 23" for an 
arc length of 393.37 feet and N. 89  01' 16" W. 275.13 feet; 
thence leaving said Southerly line S. 86  14' 18" E. 
317.01 feet to a point in a Northerly line of that certain 
6.474 acre parcel described in said Deed to the City of San 
Jose; thence along said Northerly line the following courses: 
 N. 84  55' 33" E. 658.09 feet and along a tangent curve to 
the right with a radius of 349.98 feet, through a central 
angle of 0  20' 33" for an arc length of 2.09 feet; thence 
leaving said Northerly line N. 85  16' 06" E. 587.33 feet; 
thence along a tangent curve to the right with a radius of 
15.00 feet, through a central angle of 75  05' 51" for an arc 
length of 19.66 feet; thence S. 19  35' 03" E. 467.07 feet; 
thence S. 49  41' 05 W. 25.15 feet to a point in said 
Northerly line; thence along said Northerly line and a 
Westerly line of said 6.474 acre parcel the following courses: 
 from a tangent bearing of S. 77  14' 33" E along a curve to 
the left with a radius of 43.00 feet, through a central angle 
of 106  08' 43" for an arc length of 79.66 feet to a point of 
reverse curvature; thence along a tangent curve to the right 
with a radius of 1064.94 feet, through a central angle of 2  
47' 46" for an arc length of 51.97 feet; thence N. 0  35' 30" 
W. 358.63 feet; thence along a tangent curve to the left with 
a radius of 830.95 feet, through a central angle of 1  55' 59" 
for an arc length of 31.41 feet to the Northeast corner of 
said 6.474 acre parcel; thence along the Northerly 
prolongation of the Easterly line of said 6.474 acre parcel N. 
6  16' 05" W. 121.98 feet to the most Southerly corner of said 
0.019 acre parcel; thence along the Westerly line of said 
0.019 acre parcel the following courses:  from a tangent 
bearing of N. 10  01' 13" W. along a curve to the left with a 
radius of 930.95 feet, through a central angle of 3  39' 22" 
for an arc length of 59.41 feet; thence from a tangent bearing 
of N. 13  40' 35" W. along a curve to the left with a radius 
of 43.00 feet, through a central angle of 85  23' 27" for an 
arc length of 64.09 feet to the point of beginning.

PARCEL SIX:

All of Parcel Two as shown upon that Parcel Map which filed 
for record in the Office of the Recorder of the County of 
Santa Clara, State of California on July 13, 1984 in Book 531 
of Maps, at pages 41 and 42.


APN:    097-03-59,79,80,84,85,86,87,88,90,93,102,103,104
ARB:    097-3-x5,x6,8,9,x15,x16,20,21,25.1,25.2



Exhibit E

Acknowledgment of Disclaimer of Representations and Warranties
	
	THIS ACKNOWLEDGMENT OF DISCLAIMER OF REPRESENTATIONS AND 
WARRANTIES (this "Certificate") is made as of 
___________________, ____, by [3COM or the Applicable 
Purchaser, as the case may be], a ___________________ 
("Grantee").

	Contemporaneously with the execution of this Certificate, 
BNP Leasing Corporation, a Delaware corporation ("BNPLC"), is 
executing and delivering to Grantee (1) a Corporation Grant 
Deed and (2) a Bill of Sale, Assignment of Contract Rights and 
Intangible Assets (the foregoing documents and any other 
documents to be executed in connection therewith are herein 
called the "Conveyancing Documents" and any of the properties, 
rights or other matters assigned, transferred or conveyed 
pursuant thereto are herein collectively called the "Subject 
Property").

	Notwithstanding any provision contained in the 
Conveyancing Documents to the contrary, Grantee acknowledges 
that BNPLC makes no representations or warranties of any 
nature or kind, whether statutory, express or implied, with 
respect to environmental matters or the physical condition of 
the Subject Property, and Grantee, by acceptance of the 
Conveyancing Documents, accepts the Subject Property "AS IS," 
"WHERE IS," "WITH ALL FAULTS" and without any such 
representation or warranty by Grantor as to environmental 
matters, the physical condition of the Subject Property, 
compliance with subdivision or platting requirements or 
construction of any improvements.  Without limiting the 
generality of the foregoing, Grantee hereby further 
acknowledges and agrees that warranties of merchantability and 
fitness for a particular purpose are excluded from the 
transaction contemplated by the Conveyancing Documents, as are 
any warranties arising from a course of dealing or usage of 
trade.  Grantee hereby assumes all risk and liability (and 
agrees that BNPLC shall not be liable for any special, direct, 
indirect, consequential, or other damages resulting or arising 
from or relating to the ownership, use, condition, location, 
maintenance, repair, or operation of the Subject Property, 
except for damages proximately caused by (and attributed by 
any applicable principles of comparative fault to) the wilful 
misconduct, Active Negligence or gross negligence of BNPLC, 
its agents or employees.  As used in the preceding sentence, 
"Active Negligence" of a party means, and is limited to, the 
negligent conduct of activities actually on or about the 
Property by that party in a manner that proximately causes 
actual bodily injury or property damage to be incurred.  
"Active negligence" shall not include (1) any negligent 
failure of BNPLC to act when the duty to act would not have 
been imposed but for BNPLC's status as owner of the Subject 
Property or as a party to the transactions pursuant to which 
BNPLC is delivering this instrument (the "Applicable 
Transactions"), (2) any negligent failure of any other party 
to act when the duty to act would not have been imposed but 
for such party's contractual or other relationship to BNPLC or 
participation or facilitation in any manner, directly or 
indirectly, of the Applicable Transactions, or (3) the 
exercise in a lawful manner by BNPLC (or any party lawfully 
claiming through or under BNPLC) of any remedy provided in 
connection with the Applicable Transactions.

	The provisions of this Certificate shall be binding on 
Grantee, its successors and assigns and any other party 
claiming through Grantee.  Grantee hereby acknowledges that 
BNPLC is entitled to rely and is relying on this Certificate.

	EXECUTED as of ________________, ____.

							
							
		____________________, a____________________       
		By:     
		Name:   
		Title:  


Exhibit F

Documentary Transfer Tax Request

	ACCOUNTABLE FORM #____________________                

	DATE:____________________                             

To:             Santa Clara County Recorder

Subject:        REQUEST THAT DOCUMENTARY TRANSFER TAX 
DECLARATION BE MADE IN ACCORDANCE WITH REVENUE CODE 
11932.

Re:             Instrument Title:  Corporation Grant Deed

		Name of Party Conveying Title:  BNP Leasing Corporation

The Documentary Transfer Tax is declared to be in the amount 
of $_______________ for the referenced instrument and is:

		__Computed on full value of property conveyed.
		__Computed on full value less liens/encumbrances remaining
		  thereon at time of sale.

This separate declaration is made in accordance with 
_________________________________.  It is requested that the 
amount paid be indicated on the face of the document after the 
permanent copy has been made.

		Sincerely,

							
		Individual (or his agent) who made, signed or issued instrument

PART I

RECORDING REFERENCE DATA:

	Serial #____________        Date Recorded____________________   

SEPARATE PAPER AFFIXED TO INSTRUMENT:

	"Tax paid" indicated on the face of instrument and the 
separate request (DRA 3-A) was affixed for Recorder by:

		__________________________________ Date______________   
		Documentary Transfer Tax Collector

		Witnessed by:_____________________ Date______________   
			      Mail Clerk

(Note:  Prepare photo for Recorder file.)



PART II ACCOUNTABLE FORM #                


REFERENCE DATA:  Title:         

	Serial: ____________    Date:_______________
	

INSTRUCTIONS:

	1.      This slip must accompany document.
	2.      Mail Clerk hand carry document to Tax Collector 
to indicate the amount of tax paid.



Exhibit G

SECRETARY'S CERTIFICATE


	The undersigned,____________________ Secretary of BNP 
Leasing Corporation, a Delaware corporation (the "Corporation"),
hereby certifies as follows:

	1.      That he is the duly, elected, qualified and acting 
Secretary [or Assistant Secretary] of the Corporation and has 
custody of the corporate records, minutes and corporate seal.

	2.      That the following named persons have been properly 
designated, elected and assigned to the office in the 
Corporation as indicated below; that such persons hold such 
office at this time and that the specimen signature appearing 
beside the name of such officer is his or her true and correct 
signature.

[The following blanks must be completed with the names and 
signatures of the officers who will be signing the deed and 
other Required Documents on behalf of the Corporation.]

Name    Title     Signature

							

	3.   That the resolutions attached hereto and made a part 
hereof were duly adopted by the Board of Directors of the 
Corporation in accordance with the Corporation's Articles of 
Incorporation and Bylaws.  Such resolutions have not been 
amended, modified or rescinded and remain in full force and 
effect.

	IN WITNESS WHEREOF, I have hereunto signed my name and 
affixed the seal of the Corporation on this ______, day of     
____________, ____.




								       
			_________________________     [signature]


		



CORPORATE RESOLUTIONS OF
BNP LEASING CORPORATION


	WHEREAS, pursuant to that certain Purchase Agreement 
(herein called the "Purchase Agreement") dated as of 
November ___, 1996, by and between BNP Leasing Corporation 
(the "Corporation") and [3COM OR THE APPLICABLE PURCHASER AS 
THE CASE MAY BE] ("Purchaser"), the Corporation agreed to sell 
and Purchaser agreed to purchase or cause the Applicable 
Purchaser (as defined in the Purchase Agreement) to purchase 
the Corporation's interest in the property (the "Property") 
located in Santa Clara, California more particularly described 
therein.

	NOW THEREFORE, BE IT RESOLVED, that the Board of 
Directors of the Corporation, in its best business judgment, 
deems it in the best interest of the Corporation and its 
shareholders that the Corporation convey the Property to 
Purchaser or the Applicable Purchaser pursuant to and in 
accordance with the terms of the Purchase Agreement.

	RESOLVED FURTHER, that the proper officers of the 
Corporation, and each of them, are hereby authorized and 
directed in the name and on behalf of the Corporation to cause 
the Corporation to fulfill its obligations under the Purchase 
Agreement.

	RESOLVED FURTHER, that the proper officers of the 
Corporation, and each of them, are hereby authorized and 
directed to take or cause to be taken any and all actions and 
to prepare or cause to be prepared and to execute and deliver 
any and all deeds and other documents, instruments and 
agreements that shall be necessary, advisable or appropriate, 
in such officer's sole and absolute discretion, to carry out 
the intent and to accomplish the purposes of the foregoing 
resolutions.



Exhibit H

BNP LEASING CORPORATION
717 N. HARWOOD
SUITE 2630
DALLAS, TEXAS  75201

____________, ______
				  


[Title Insurance Company]
_________________
_________________
_________________

	Re:  Recording of Grant Deed to [3COM or the Applicable 
Purchaser] ("Purchaser")

Ladies and Gentlemen:

	BNP Leasing Corporation has executed and delivered to 
Purchaser a Grant Deed in the form attached to this letter.  
You are hereby authorized and directed to record the Grant 
Deed at the request of Purchaser.

		       Sincerely,





Exhibit I

FIRPTA STATEMENT

	Section 1445 of the Internal Revenue Code of 1986, as 
amended, provides that a transferee of a U.S. real property 
interest must withhold tax if the transferor is a foreign 
person.  Sections 18805, 18815 and 26131 of the California 
Revenue and Taxation Code, as amended, provide that a 
transferee of a California real property interest must 
withhold income tax if the transferor is a nonresident seller.

	To inform [3COM or the Applicable Purchaser] (the 
"Transferee") that withholding of tax is not required upon the 
disposition of a California real property interest by 
transferor, BNP Leasing Corporation (the "Seller"), the 
undersigned hereby certifies the following on behalf of the 
Seller:

	1. The Seller is not a foreign corporation, foreign 
partnership, foreign trust, or foreign estate (as those terms 
are defined in the Internal Revenue Code and Income Tax 
Regulations);

	2. The United States employer identification number for 
the Seller is _____________________;

	3.The office address of the Seller is ______________  
__________________________________________.

[Note: BNPLC MUST INCLUDE EITHER ONE, BUT ONLY ONE, OF THE 
FOLLOWING REPRESENTATIONS IN THE FIRPTA STATEMENT, BUT IF THE 
ONE INCLUDED STATES THAT BNPLC IS DEEMED EXEMPT FROM 
CALIFORNIA INCOME AND FRANCHISE TAX, THEN BNPLC MUST ALSO 
ATTACH A WITHHOLDING CERTIFICATE FROM THE CALIFORNIA FRANCHISE 
TAX BOARD EVIDENCING THE SAME:

	4. The Seller is qualified to do business in California.

	OR

	4. The Seller is deemed to be exempt from the withholding 
requirement of California Revenue and Taxation Code Section 
26131(e), as evidenced by the withholding certificate from the 
California Franchise Tax Board which is attached.]

	The Seller understands that this certification may be 
disclosed to the Internal Revenue Service and/or to the 
California Franchise Tax Board by the Transferee and that any 
false statement contained herein could be punished by fine, 
imprisonment, or both.

	The Seller understands that the Transferee is relying on 
this affidavit in determining whether withholding is required 
upon said transfer.  The Seller hereby agrees to indemnify and 
hold the Transferee harmless from and against any and all 
obligations, liabilities, claims, losses, actions, causes of 
action, demands, rights, damages, costs, and expenses 
(including but not limited to court costs and attorneys' fees) 
incurred by the Transferee as a result of any false misleading 
statement contained herein.

	Under penalties of perjury I declare that I have examined 
this certification and to the best of my knowledge and belief 
it is true, correct and complete, and I further declare that I 
have authority to sign this document on behalf of the Seller.

Dated:  ___________, ____.


		By:                                
		   Name:                           
		   Title:                          
 



 

[North First Street Property]