Summit Hotel OP, LP Sample Contracts

FORM OF INDEMNIFICATION AGREEMENT
Form of Indemnification Agreement • October 15th, 2010 • Summit Hotel OP, LP • Real estate investment trusts • Maryland

THIS INDEMNIFICATION AGREEMENT (“Agreement”) is made and entered into as of the _____ day of __________, 20____, by and between Summit Hotel Properties, Inc., a Maryland corporation (the “Company”), and ________________________ (“Indemnitee”).

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EMPLOYMENT AGREEMENT
Employment Agreement • September 23rd, 2010 • Summit Hotel OP, LP • Real estate investment trusts • South Dakota

THIS EMPLOYMENT AGREEMENT, effective as of _______ ___, 2010, between SUMMIT HOTEL PROPERTIES, INC., a Maryland corporation (the “Company”), and CRAIG J. ANISZEWSKI (the “Executive”), recites and provides as follows:

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CREDIT AGREEMENT Dated as of October 10, 2013 among SUMMIT HOTEL OP, LP, as Borrower, SUMMIT HOTEL PROPERTIES, INC., as Parent Guarantor, THE OTHER GUARANTORS NAMED HEREIN, as Subsidiary Guarantors, THE INITIAL LENDERS, INITIAL ISSUING BANK AND SWING...
Credit Agreement • October 15th, 2013 • Summit Hotel OP, LP • Real estate investment trusts • New York

CREDIT AGREEMENT dated as of October 10, 2013 (this “Agreement”) among SUMMIT HOTEL OP, LP, a Delaware limited partnership (the “Borrower”), SUMMIT HOTEL PROPERTIES, INC., a Maryland corporation (the “Parent Guarantor”), the entities listed on the signature pages hereof as the subsidiary guarantors (together with any Additional Guarantors (as hereinafter defined) acceding hereto pursuant to Section 5.01(j) or 7.05, the “Subsidiary Guarantors” and, together with the Parent Guarantor, the “Guarantors”), the banks, financial institutions and other institutional lenders listed on the signature pages hereof as the initial lenders (the “Initial Lenders”), the Swing Line Bank (as hereinafter defined), DEUTSCHE BANK AG NEW YORK BRANCH (“DBNY”), as the initial issuer of Letters of Credit (as hereinafter defined) (the “Initial Issuing Bank”), DBNY, as administrative agent (together with any successor administrative agent appointed pursuant to Article VIII, the “Administrative Agent”) for the Len

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LOAN AGREEMENT
Loan Agreement • September 23rd, 2010 • Summit Hotel OP, LP • Real estate investment trusts • Arizona

THIS LOAN AGREEMENT (this “Agreement”) is made as of April 30, 2007 (the “Closing Date”), by and between GENERAL ELECTRIC CAPITAL CORPORATION, a Delaware corporation (“Lender”), and SUMMIT HOTEL PROPERTIES, LLC, a South Dakota limited liability company (“Borrower”).

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SEVERANCE AGREEMENT
Severance Agreement • September 23rd, 2010 • Summit Hotel OP, LP • Real estate investment trusts • South Dakota

THIS SEVERANCE AGREEMENT, effective as of , 2010, between SUMMIT HOTEL PROPERTIES, INC., a Maryland corporation (the “Company”), and JoLynn M. Sorum (the “Executive”), recites and provides as follows:

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15,000,000 Shares SUMMIT HOTEL PROPERTIES, INC. COMMON STOCK, $0.01 PAR VALUE PER SHARE UNDERWRITING AGREEMENT
Underwriting Agreement • September 16th, 2013 • Summit Hotel OP, LP • Real estate investment trusts • New York

Summit Hotel Properties, Inc., a Maryland corporation (the “Company”), and Summit Hotel OP, LP, a Delaware limited partnership (the “Operating Partnership”), propose that the Company will issue and sell to the several Underwriters named in Schedule I annexed hereto (the “Underwriters”), for whom you are acting as representatives (the “Representatives”), 15,000,000 shares of the common stock, $0.01 par value per share, of the Company (the “Firm Shares”).

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CONTRIBUTION AGREEMENT BY AND BETWEEN GARY THARALDSON as the Contributor, AND SUMMIT HOTEL OP, LP, a Delaware limited partnership, as the Acquirer
Contribution Agreement • August 9th, 2010 • Summit Hotel OP, LP • South Dakota

THIS CONTRIBUTION AGREEMENT (this “Agreement”) is made as of the 5th day of August, 2010 by and between GARY THARALDSON, individually (the “Contributor”); and SUMMIT HOTEL OP, LP, a Delaware limited partnership (the “Acquirer”).

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TAX PROTECTION AGREEMENT
Tax Protection Agreement • October 15th, 2010 • Summit Hotel OP, LP • Real estate investment trusts • Delaware

THIS TAX PROTECTION AGREEMENT (this “Agreement”) is made and entered into as of __________, 2010 by and among SUMMIT HOTEL OP, LP, a Delaware limited partnership (the “Partnership”), and _______________, a Class___ member (the “Member”) in Summit Hotel Properties, LLC, a South Dakota limited liability company (the “Merging Entity”).

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FORM OF HOTEL MANAGEMENT AGREEMENT
Hotel Management Agreement • October 15th, 2010 • Summit Hotel OP, LP • Real estate investment trusts • Maryland

THIS AMENDED AND RESTATED HOTEL MANAGEMENT AGREEMENT (this “Agreement”) is made as of the ___ day of ____________, 2010, between the lessee entities set forth on Exhibit A attached hereto and made a part hereof (collectively, “Owner”) and INTERSTATE MANAGEMENT COMPANY, LLC (“Operator”), a Delaware limited liability company.

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VOTING AGREEMENT
Voting Agreement • October 15th, 2010 • Summit Hotel OP, LP • Real estate investment trusts • Delaware
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LOAN AGREEMENT BY AND BETWEEN SUMMIT HOTEL PROPERTIES, LLC, A SOUTH DAKOTA LIMITED LIABILITY COMPANY AND ING LIFE INSURANCE AND ANNUITY COMPANY, A CONNECTICUT CORPORATION DATED AS OF JUNE 15, 2006
Loan Agreement by And • September 23rd, 2010 • Summit Hotel OP, LP • Real estate investment trusts • Illinois

THIS AGREEMENT is made and entered into as of June 15, 2006 by and between SUMMIT HOTEL PROPERTIES, LLC, a South Dakota limited liability company (“BORROWER”), and ING LIFE INSURANCE AND ANNUITY COMPANY, a Connecticut corporation (“LENDER”).

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FORM OF INDEMNIFICATION AGREEMENT
Form of Indemnification Agreement • September 23rd, 2010 • Summit Hotel OP, LP • Real estate investment trusts • Maryland

THIS INDEMNIFICATION AGREEMENT (“Agreement”) is made and entered into as of the day of , 20____, by and between Summit Hotel Properties, Inc., a Maryland corporation (the “Company”), and (“Indemnitee”).

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CONTRIBUTION AGREEMENT BY AND BETWEEN THE SUMMIT GROUP, INC., a South Dakota corporation, as the Contributor, AND SUMMIT HOTEL OP, LP, a Delaware limited partnership, as the Acquirer
Contribution Agreement • August 9th, 2010 • Summit Hotel OP, LP • South Dakota

THIS CONTRIBUTION AGREEMENT (this “Agreement”) is made as of the 5th day of August, 2010 by and between THE SUMMIT GROUP, INC., a South Dakota corporation (the “Contributor”); and SUMMIT HOTEL OP, LP, a Delaware limited partnership (the “Acquirer”).

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LEASE AGREEMENT DATED AS OF _________________, _________, 2010 BETWEEN SUMMIT HOTEL OP, LP LESSOR AND SUMMIT HOTEL TRS 002, LLC LESSEE
Lease Agreement • October 15th, 2010 • Summit Hotel OP, LP • Real estate investment trusts

THIS LEASE AGREEMENT (the “Lease”), made as of the _____ day of _____________ 2010, by and between Summit Hotel OP, LP, a Delaware limited partnership (the “Lessor”), and Summit Hotel TRS 002, LLC, a Delaware limited liability company (the “Lessee”), provides as follows.

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THIRD AMENDED AND RESTATED OPERATING AGREEMENT FOR SUMMIT HOTEL PROPERTIES, LLC
Operating Agreement • August 9th, 2010 • Summit Hotel OP, LP • South Dakota

This Third Amended and Restated Operating Agreement of SUMMIT HOTEL PROPERTIES, LLC (this “Operating Agreement”) is entered into as of the 25th day of July, 2005.

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FIRST MODIFICATION OF CONSOLIDATED, AMENDED AND RESTATED LOAN AGREEMENT
Loan Agreement • August 6th, 2013 • Summit Hotel OP, LP • Real estate investment trusts • Illinois

THIS FIRST MODIFICATION OF CONSOLIDATED, AMENDED AND RESTATED LOAN AGREEMENT (this “Modification”) is made as of August 1, 2013, by and between SUMMIT HOTEL OP, LP, a Delaware limited partnership (“Borrower”), and ING LIFE INSURANCE AND ANNUITY COMPANY, a Connecticut corporation (“Lender”).

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CONSTRUCTION LOAN AGREEMENT (Arizona — Income Property) By and Between SUMMIT HOTEL PROPERTIES, LLC, as Borrower and COMPASS BANK, as Bank
Construction Loan Agreement • September 23rd, 2010 • Summit Hotel OP, LP • Real estate investment trusts • Arizona

This Construction Loan Agreement (“Agreement”) is dated for reference purposes as of September 17, 2008, between SUMMIT HOTEL PROPERTIES, LLC, a South Dakota limited liability company (the “Borrower”), and COMPASS BANK, an Alabama banking corporation (the “Bank”).

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LOAN MODIFICATION AGREEMENT
Loan Modification Agreement • September 23rd, 2010 • Summit Hotel OP, LP • Real estate investment trusts • Arizona

This LOAN MODIFICATION AGREEMENT (the “Modification”) is entered into as of December , 2008, by and between GENERAL ELECTRIC CAPITAL CORPORATION, a Delaware corporation (“Lender”), whose address is 8377 East Hartford Drive, Suite 200, Scottsdale, Arizona 85255-5401, and SUMMIT HOTEL PROPERTIES, LLC, a South Dakota limited liability company (“Borrower”), whose address 2701 S. Minnesota Ave., Ste. 6, Sioux Falls, SD 57105.

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