Exhibit 99.4
FIRST AMENDMENT
TO HOTEL MANAGEMENT AGREEMENT
TYSONS CORNER MARRIOTT HOTEL
This First Amendment (the "First Amendment") to the Hotel Management
Agreement for the Tysons Corner Marriott Hotel dated December 24, 1996, amended
by the Supplemental Agreement to the Hotel Management Agreement dated December
24, 1996 (the "Management Agreement") is executed on this ___ day of May, 1998,
and made effective as of ___________, 1998 (the "Effective Date"), by and
between INTERSTONE/GGL PARTNERS L.P. ("Owner"), a Delaware limited partnership
with a mailing address at c/o Interstate Hotels Corporation, Xxxxxx Plaza Ten,
000 Xxxxxxxx Xxxxx, Xxxxxxxxxx, Xxxxxxxxxxxx 00000-0000 and MARRIOTT HOTEL
SERVICES, INC. ("Management Company"), a Delaware corporation, with a mailing
address at 00000 Xxxxxxxx Xxxx, Xxxxxxxx, Xxxxxxxx 00000.
NOW, THEREFORE, in consideration of the premises and the mutual covenants
herein contained, the parties hereto agree as follows:
A. Sections 19.01 A.1. and A.2. and the first line of Section
19.01 B. relating to Owner's right to terminate this Agreement
upon the Sale of the Hotel, are hereby deleted.
B. Except as modified by this First Amendment, all of the terms
and provisions of the Management Agreement as written shall
remain in full force and effect and, as specifically modified
herein, the Management Agreement is hereby ratified and confirmed
in all respects.
IN WITNESS WHEREOF, the parties hereto have executed this First Amendment
the day and year first above written.
OWNER: MANAGEMENT COMPANY:
INTERSTONE/GGL PARTNERS L.P. MARRIOTT HOTEL SERVICES, INC.
By: IHC/CG Portfolio Corporation
a general partner
By:_____________________________ By:______________________________
Name: Name:
Title: Title:
