Common use of NOTICE OF EXERCISE OF REDEMPTION RIGHT Clause in Contracts

NOTICE OF EXERCISE OF REDEMPTION RIGHT. The undersigned irrevocably (i) presents for redemption on (such date being at least 3 Business Days after the date set forth below) Units (as defined in the LLC Agreement defined below) in Ashford Hospitality Advisors LLC, in accordance with the terms of the Amended and Restated Limited Liability Company Agreement of Ashford Hospitality Advisors LLC (the “LLC Agreement”), and the Redemption Right (as defined in the LLC Agreement) referred to in the LLC Agreement, (ii) surrenders such Units and all right, title and interest in such Units, and (iii) directs that the Cash Amount or Ashford Inc. Shares (both as defined in the LLC Agreement) deliverable upon exercise of the Redemption Right be delivered to the address specified below, and if Ashford Inc. Shares are to be delivered, such Ashford Inc. Shares be registered or placed in the name(s) and at the addresses specified below. Dated: Name of Member: (Signature of Member) (Street Address) (City State Zip Code) If Ashford Inc. Shares are to be issued, issue to: (Name) (Social Security or Identifying Number) EXHIBIT D NOTICE OF ELECTION BY MEMBER TO CONVERT LTIP UNITS INTO COMMON UNITS The undersigned LTIP Unitholder irrevocably (i) elects to convert the number of LTIP Units in Ashford Hospitality Advisors LLC (the “Company”) set forth below into Common Units in accordance with the terms of the Amended and Restated Limited Liability Agreement of the Company, as amended; and (ii) directs that any cash in lieu of Common Units that may be deliverable upon such conversion be delivered to the address specified below. The undersigned represents, warrants, and certifies that the undersigned (a) has title to such LTIP Units, free and clear of the rights or interests of any other person or entity other than the Company; (b) has the full right, power, and authority to cause the conversion of such LTIP Units as provided in this notice and as provided in the Amended and Restated Limited Liability Agreement of the Company, as amended; and (c) has obtained the consent or approval of all persons or entities, if any, having the right to consent or approve such conversion. Name of LTIP Unitholder: (Please Print: Exact Name as Registered with the Company) Number of LTIP Units to be Converted: Date to be Converted (such date being not less than 3 Business Days nor more than 10 Business Days prior to the Date of this Notice set forth below) Date of this Notice: (Signature of Member: Sign Exact Name as Registered with the Company) (Street Address) (City) (State) (Zip Code) EXHIBIT E NOTICE OF ELECTION BY THE COMPANY TO FORCE CONVERSION OF LTIP UNITS INTO COMMON UNITS Ashford Hospitality Advisors LLC (the “Company”) irrevocably (i) elects to cause the number of LTIP Units held by the LTIP Unitholder set forth below to be converted into Common Units in accordance with the terms of the Amended and Restated Limited Liability Company Agreement of the Company, as amended. Name of LTIP Unitholder: (Please Print: Exact Name as Registered with the Company) Number of LTIP Units to be Converted: Date to be Converted: Date of this Notice:

NOTICE OF EXERCISE OF REDEMPTION RIGHT. The In accordance with Section 8.5 of the Limited Partnership Agreement (the “Agreement”) of NorthStar/RXR Operating Partnership, LP, the undersigned hereby irrevocably (i) presents for redemption on (such date being at least 3 Business Days after the date set forth below) Limited Partnership Units (as defined in the LLC Agreement defined below) in Ashford Hospitality Advisors LLCNorthStar/RXR Operating Partnership, LP in accordance with the terms of the Amended and Restated Limited Liability Company Agreement of Ashford Hospitality Advisors LLC (the “LLC Agreement”), and the Redemption Right (as defined in the LLC Agreement) referred to in the LLC AgreementSection 8.5 thereof, (ii) surrenders such Limited Partnership Units and all right, title and interest in such Unitstherein, and (iii) directs that the Cash Amount or Ashford Inc. REIT Shares Amount (both as defined in the LLC Agreement) as determined by the General Partner deliverable upon exercise of the Redemption Right be delivered to the address specified below, and if Ashford Inc. REIT Shares (as defined in the Agreement) are to be delivered, such Ashford Inc. REIT Shares be registered or placed in the name(s) and at the addresses address(es) specified below. Dated: (Name of Member: Limited Partner) (Signature of MemberLimited Partner) (Street Mailing Address) (City State City) (State) (Zip Code) Signature Guaranteed by: If Ashford Inc. REIT Shares are to be issued, issue to: (Name) (: Social Security or Identifying Tax I.D. Number) : EXHIBIT D C NOTICE OF ELECTION BY MEMBER PARTNER TO CONVERT LTIP UNITS INTO COMMON LIMITED PARTNERSHIP UNITS The undersigned LTIP Unitholder Holder hereby irrevocably (i) elects to convert the number of LTIP Units in Ashford Hospitality Advisors LLC NorthStar/RXR Operating Partnership, LP (the “CompanyPartnership”) set forth below into Common Limited Partnership Units in accordance with the terms of the Amended and Restated Limited Liability Agreement of Limited Partnership of the CompanyPartnership, as amended; and (ii) directs that any cash in lieu of Common Limited Partnership Units that may be deliverable upon such conversion be delivered to the address specified below. The undersigned hereby represents, warrants, and certifies that the undersigned (a) has title to such LTIP Units, free and clear of the rights or interests of any other person or entity other than the CompanyPartnership; (b) has the full right, power, and authority to cause the conversion of such LTIP Units as provided in this notice and as provided in the Amended and Restated Limited Liability Agreement of the Company, as amendedherein; and (c) has obtained the consent or approval of all persons or entities, if any, having the right to consent or approve such conversion. Name of LTIP UnitholderHolder: (Please Print: Exact Name as Registered with the CompanyPartnership) Number of LTIP Units to be Converted: Date to be Converted (such date being not less than 3 Business Days nor more than 10 Business Days prior to the Date of this Notice set forth below) Date of this Notice: (Signature of MemberHolder: Sign Exact Name as Registered with the CompanyPartnership) (Street Address) (City) (State) (Zip Code) Signature Guaranteed by: EXHIBIT E D NOTICE OF ELECTION BY THE COMPANY PARTNERSHIP TO FORCE CONVERSION OF LTIP UNITS INTO COMMON LIMITED PARTNERSHIP UNITS Ashford Hospitality Advisors LLC NorthStar/RXR Operating Partnership, LP (the “CompanyPartnership”) hereby irrevocably (i) elects to cause the number of LTIP Units held by the LTIP Unitholder Holder set forth below to be converted into Common Limited Partnership Units in accordance with the terms of the Amended and Restated Limited Liability Company Agreement of Limited Partnership of the CompanyPartnership, as amended. Name of LTIP UnitholderHolder: (Please Print: Exact Name as Registered with the CompanyPartnership) Number of LTIP Units to be Converted: Date to be Converted: Date of this Notice:

NOTICE OF EXERCISE OF REDEMPTION RIGHT. The In accordance with Section 8.5 of the Limited Partnership Agreement (the “Agreement”) of RRE Innovative Office OP, LP, the undersigned hereby irrevocably (i) presents for redemption on (such date being at least 3 Business Days after the date set forth below) Limited Partnership Units (as defined in the LLC Agreement defined below) in Ashford Hospitality Advisors LLCRRE Innovative Office OP, LP in accordance with the terms of the Amended and Restated Limited Liability Company Agreement of Ashford Hospitality Advisors LLC (the “LLC Agreement”), and the Redemption Right (as defined in the LLC Agreement) referred to in the LLC AgreementSection 8.5 thereof, (ii) surrenders such Limited Partnership Units and all right, title and interest in such Unitstherein, and (iii) directs that the Cash Amount or Ashford Inc. REIT Shares Amount (both as defined in the LLC Agreement) as determined by the General Partner deliverable upon exercise of the Redemption Right be delivered to the address specified below, and if Ashford Inc. REIT Shares (as defined in the Agreement) are to be delivered, such Ashford Inc. REIT Shares be registered or placed in the name(s) and at the addresses address(es) specified below. Dated: (Name of Member: Limited Partner) (Signature of MemberLimited Partner) (Street Mailing Address) (City State City) (State) (Zip Code) Signature Guaranteed by: If Ashford Inc. REIT Shares are to be issued, issue to: (Name) (: Social Security or Identifying Tax I.D. Number) : EXHIBIT D C NOTICE OF ELECTION BY MEMBER PARTNER TO CONVERT LTIP UNITS INTO COMMON LIMITED PARTNERSHIP UNITS The undersigned LTIP Unitholder Holder hereby irrevocably (i) elects to convert the number of LTIP Units in Ashford Hospitality Advisors LLC RRE Innovative Office OP, LP (the “CompanyPartnership”) set forth below into Common Limited Partnership Units in accordance with the terms of the Amended and Restated Limited Liability Agreement of Limited Partnership of the CompanyPartnership, as amended; and (ii) directs that any cash in lieu of Common Limited Partnership Units that may be deliverable upon such conversion be delivered to the address specified below. The undersigned hereby represents, warrants, and certifies that the undersigned (a) has title to such LTIP Units, free and clear of the rights or interests of any other person or entity other than the CompanyPartnership; (b) has the full right, power, and authority to cause the conversion of such LTIP Units as provided in this notice and as provided in the Amended and Restated Limited Liability Agreement of the Company, as amendedherein; and (c) has obtained the consent or approval of all persons or entities, if any, having the right to consent or approve such conversion. Name of LTIP UnitholderHolder: (Please Print: Exact Name as Registered with the CompanyPartnership) Number of LTIP Units to be Converted: Date to be Converted (such date being not less than 3 Business Days nor more than 10 Business Days prior to the Date of this Notice set forth below) Date of this Notice: (Signature of MemberHolder: Sign Exact Name as Registered with the CompanyPartnership) (Street Address) (City) (State) (Zip Code) Signature Guaranteed by: EXHIBIT E D NOTICE OF ELECTION BY THE COMPANY PARTNERSHIP TO FORCE CONVERSION OF LTIP UNITS INTO COMMON LIMITED PARTNERSHIP UNITS Ashford Hospitality Advisors LLC RRE Innovative Office OP, LP (the “CompanyPartnership”) hereby irrevocably (i) elects to cause the number of LTIP Units held by the LTIP Unitholder Holder set forth below to be converted into Common Limited Partnership Units in accordance with the terms of the Amended and Restated Limited Liability Company Agreement of Limited Partnership of the CompanyPartnership, as amended. Name of LTIP UnitholderHolder: (Please Print: Exact Name as Registered with the CompanyPartnership) Number of LTIP Units to be Converted: Date to be Converted: Date of this Notice:

NOTICE OF EXERCISE OF REDEMPTION RIGHT. The IPC Alternative Real Estate Operating Partnership, LP NOTICE OF EXERCISE OF REDEMPTION RIGHT In accordance with Section 8.5 of the Limited Partnership Agreement (the “Agreement”) of IPC Alternative Real Estate Operating Partnership, LP, the undersigned hereby irrevocably (i) presents for redemption on (such date being at least 3 Business Days after the date set forth below) Partnership Units (as defined in the LLC Agreement defined below) in Ashford Hospitality Advisors LLCIPC Alternative Real Estate Operating Partnership, LP in accordance with the terms of the Amended and Restated Limited Liability Company Agreement of Ashford Hospitality Advisors LLC (the “LLC Agreement”), and the Redemption Right (as defined in the LLC Agreement) referred to in the LLC AgreementSection 8.5 thereof, (ii) surrenders such Partnership Units and all right, title and interest in such Unitstherein, and (iii) directs that the Cash Amount or Ashford Inc. REIT Shares Amount (both as defined in the LLC Agreement) as determined by the General Partner deliverable upon exercise of the Redemption Right be delivered to the address specified below, and if Ashford Inc. REIT Shares (as defined in the Agreement) are to be delivered, such Ashford Inc. REIT Shares be registered or placed in the name(s) and at the addresses address(es) specified below. Dated: Account Number (Required): A - INVESTOR INFORMATION - Please print exactly as it appears on the account. Name of Member: (Signature of MemberLimited Partner(s) (Street Address) (Address City State Zip CodeDaytime Telephone Number (For purposes of this request only) B - REDEMPTION RIGHT REQUEST Redemption Request (Check one): Full Redemption Partial Redemption: # of Units or $ Amount C - AUTHORIZED SIGNATURE(S) AND MEDALLION SIGNATURE GUARANTEE REQUIREMENTS IMPORTANT: Medallion Signature Guarantee(s) is/are required if any of the following applies: • The amount of the redemption request is over $500,000. • Our transfer agent cannot confirm your identity or suspects fraudulent activity. Signature - Limited Partner Printed Name of Limited Partner *Medallion Signature Guarantee *If Ashford required, see Section C SUBMIT COMPLETED FORM: Date Signature - Co-Limited Partner Printed Name of Co-Limited Partner *Medallion Signature Guarantee *If required, see Section C Date Regular Mail: IPC Alternative Real Estate Operating Partnership, LP c/o SS&C GIDS, Inc. Shares are to be issuedAttn: Inland P.O. Box 219182 Kansas City, issue Missouri 64121-9182 For Questions: Call 0.000.000.0000 Overnight Mail: IPC Alternative Real Estate Operating Partnership, LP c/o SS&C GIDS, Inc. Attn: Inland 000 X 0xx Xxxxxx Xxxxxx Xxxx, Xxxxxxxx 00000 If No Medallion Signature Guarantee is Required. Email to: (Name) (Social Security or Identifying Number) EXHIBIT D NOTICE OF ELECTION BY MEMBER TO CONVERT LTIP UNITS INTO COMMON UNITS The undersigned LTIP Unitholder irrevocably (i) elects to convert the number of LTIP Units in Ashford Hospitality Advisors LLC (the “Company”) set forth below into Common Units in accordance with the terms of the Amended and Restated Limited Liability Agreement of the Company, as amended; and (ii) directs that any cash in lieu of Common Units that may be deliverable upon such conversion be delivered to the address specified below. The undersigned represents, warrants, and certifies that the undersigned (a) has title to such LTIP Units, free and clear of the rights or interests of any other person or entity other than the Company; (b) has the full right, power, and authority to cause the conversion of such LTIP Units as provided in this notice and as provided in the Amended and Restated Limited Liability Agreement of the Company, as amended; and (c) has obtained the consent or approval of all persons or entities, if any, having the right to consent or approve such conversion. Name of LTIP UnitholderXxxxxx@xxxxxx.xxx OR Fax to: (Please Print: Exact Name as Registered with the Company) Number of LTIP Units to be Converted: Date to be Converted (such date being not less than 3 Business Days nor more than 10 Business Days prior to the Date of this Notice set forth below) Date of this Notice: (Signature of Member: Sign Exact Name as Registered with the Company) (Street Address) (City) (State) (Zip Code) EXHIBIT E NOTICE OF ELECTION BY THE COMPANY TO FORCE CONVERSION OF LTIP UNITS INTO COMMON UNITS Ashford Hospitality Advisors LLC (the “Company”) irrevocably (i) elects to cause the number of LTIP Units held by the LTIP Unitholder set forth below to be converted into Common Units in accordance with the terms of the Amended and Restated Limited Liability Company Agreement of the Company, as amended. Name of LTIP Unitholder: (Please Print: Exact Name as Registered with the Company) Number of LTIP Units to be Converted: Date to be Converted: Date of this Notice:000.000.0000 OP REDEMPTION RIGHT 08.17.23