1
Exhibit 10.2(a)
RFS HOTEL INVESTORS, INC.
TERMS OF PERCENTAGE LEASES
FOR THE YEAR ENDED DECEMBER 31, 1996
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Part Year CPI Base 1st Tier
Name City ST Inception Termination Factor Factor Rent Amount
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Holiday Inn Express Tupelo MS 08/13/93 08/13/2008 1.0000 1.0000 245,836 1,014,503
Holiday Inn Express Franklin TN 08/13/93 08/13/2008 1.0000 1.0000 237,642 1,000,000
Holiday Inn Louisville KY 08/13/93 08/13/2008 1.0000 1.0000 409,727 1,537,499
Executive Inn Tupelo MS 08/13/93 08/13/2008 1.0000 1.0000 278,614 1,007,909
Holiday Inn Clayton MO 08/13/93 08/13/2008 1.0000 1.0000 557,228 2,505,320
Holiday Inn Columbia SC 08/13/93 08/13/2008 1.0000 1.0000 368,754 1,475,513
Ramada Inn Lexington KY 08/13/93 03/05/96 0.1776 1.0000 53,847 231,869
Comfort Inn Conyers GA 09/23/93 09/23/2008 1.0000 1.0000 234,500 1,000,000
Holiday Inn Lafayette LA 10/26/93 10/26/2008 1.0000 1.0000 700,000 2,750,000
Comfort Inn Marietta GA 12/17/93 12/17/2008 1.0000 1.0000 472,500 1,400,000
Residence Inn Kansas City MO 02/02/94 02/02/2009 1.0000 1.0000 406,000 1,400,000
Comfort Inn Clemson SC 04/19/94 04/19/2009 1.0000 1.0587 360,500 1,058,704
Comfort Inn Ft. Mill SC 04/29/94 04/29/2009 1.0000 1.0587 518,000 1,323,381
Hampton Inn Ft. Lauderdale FL 04/19/94 04/19/2009 1.0000 1.0587 364,500 1,535,121
Holiday Inn Express Arlington Heights IL 06/07/94 06/07/2009 1.0000 1.0087 289,961 1,164,575
Holiday Inn Express Bloomington MN 06/07/94 06/07/2009 1.0000 1.0587 515,793 1,588,057
Hampton Inn Bloomington MN 06/07/94 06/07/2009 1.0000 1.0587 613,288 1,852,733
Hampton Inn Denver CO 06/07/94 06/07/2009 1.0000 1.0587 568,981 1,508,654
Holiday Inn Express Downers Grove IL 06/07/94 06/07/2009 1.0000 1.0587 409,850 1,164,575
Comfort Inn Farmington Hills MI 06/07/94 06/07/2009 1.0000 1.0587 303,594 1,111,640
Comfort Inn Grand Rapids MI 06/07/94 06/07/2009 1.0000 1.0587 227,080 1,005,769
Hampton Inn Indianapolis IN 06/07/94 06/07/2009 1.0000 1.0587 556,693 1,482,186
Hampton Inn Lansing MI 06/07/94 06/07/2009 1.0000 1.0587 263,325 620,496
Hampton Inn Lincoln NE 06/07/94 06/07/2009 1.0000 1.0587 342,202 1,005,769
Hampton Inn Minnetonka MN 06/07/94 06/07/2009 1.0000 1.0587 348,052 1,164,575
Hampton Inn Oklahoma City OK 06/07/94 06/07/2009 1.0000 1.0587 489,631 1,482,186
Hampton Inn Omaha NE 06/07/94 06/07/2009 1.0000 1.0587 463,545 1,323,381
Hampton Inn Tulsa OK 06/07/94 06/07/2009 1.0000 1.0587 423,390 1,429,251
Hampton Inn Warren MI 06/07/94 06/07/2009 1.0000 1.0587 203,688 1,032,237
Holiday Inn Express Wauwatosa WI 06/07/94 06/07/2009 1.0000 1.0587 373,516 1,270,445
Residence Inn Tyler TX 08/12/94 08/12/2009 1.0000 1.0587 512,750 1,799,798
Residence Inn Fishkill NY 07/29/94 07/29/2009 1.0000 1.0587 888,822 2,329,150
Residence Inn Providence RI 07/29/94 07/29/2009 1.0000 1.0587 651,994 1,985,071
Hampton Inn Memphis TN 09/30/94 09/30/2009 1.0000 1.0587 516,250 1,323,381
Residence Inn Ft. Worth TX 10/01/94 10/01/2009 1.0000 1.0587 812,000 2,435,020
Residence Inn Torrance CA 10/15/94 10/15/2009 1.0000 1.0587 1,365,000 4,234,818
Residence Inn Wilmington DE 10/15/94 10/15/2009 1.0000 1.0587 703,500 2,117,409
Residence Inn Ann Arbor MI 10/15/94 10/15/2009 1.0000 1.0587 308,000 1,217,510
Holiday Inn Flint MI 10/29/94 10/29/2009 1.0000 1.0587 933,100 2,911,437
Residence Inn Charlotte NC 11/15/94 11/15/2009 1.0000 1.0587 315,000 1,217,510
Hawthorn Suites Hotel Atlanta GA 12/21/94 12/21/2009 1.0000 1.0587 1,194,200 3,387,854
Holiday Inn Express Austin TX 01/03/95 01/03/2010 1.0000 1.0295 367,500 1,338,386
Hampton Inn Lakewood CO 03/16/95 03/16/2010 1.0000 1.0295 553,000 1,647,244
Hampton Inn Hattiesburg MS 04/20/95 04/20/2010 1.0000 1.0295 385,000 1,183,957
Hampton Inn Laredo TX 07/05/95 07/05/2010 1.0000 1.0295 409,255 514,764
Residence Inn Atlanta GA 10/02/95 10/02/2010 1.0000 1.0295 815,500 1,544,291
Holiday Inn Crystal Lake IL 10/05/95 10/05/2010 1.0000 1.0295 1,016,000 3,387,854
Residence Inn Orlando FL 10/19/95 10/19/2010 1.0000 1.0295 707,000 2,419,390
Residence Inn Sacramento CA 01/12/96 01/12/2011 0.0328 1.0295 33,049 97,541
Hampton Inn Plano TX 07/15/96 07/15/2011 0.5383 1.0000 263,743 592,077
Hampton Inn Houston TX 11/12/96 11/12/2011 0.8681 1.0000 363,816 1,156,270
Homewood Suites Salt Lake City UT 11/08/96 11/08/2011 0.8552 1.0000 472,996 1,265,683
Courtyard by Marriott Flint MI 12/14/96 12/14/2011 0.9536 1.0000 407,167 1,468,470
Doubletree Hotel San Diego CA 05/30/96 05/30/2011 0.4126 1.0000 479,404 1,155,191
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1st Tier 2nd Tier 2nd Tier 3rd Tier Food Beverage Phone Other
Percent Amount Percent Percent Percent Percent Percent Percent
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27.5% 0 50.0% 0.0% 5.0% 20.0% 0.0% 0.0%
20.0% 0 70.0% 0.0% 5.0% 20.0% 0.0% 0.0%
23.0% 1,787,499 45.0% 60.0% 5.0% 20.0% 0.0% 0.0%
34.0% 0 60.0% 0.0% 5.0% 20.0% 0.0% 0.0%
17.0% 2,755,320 30.0% 50.0% 5.0% 20.0% 0.0% 0.0%
17.5% 1,725,513 30.0% 50.0% 5.0% 20.0% 0.0% 0.0%
14.0% 276,268 30.0% 40.0% 5.0% 20.0% 0.0% 0.0%
32.0% 0 75.0% 0.0% 5.0% 20.0% 0.0% 0.0%
24.0% 3,000,000 35.0% 70.0% 5.0% 20.0% 0.0% 0.0%
27.5% 0 60.0% 0.0% 5.0% 20.0% 0.0% 0.0%
24.0% 1,650,000 45.0% 60.0% 5.0% 20.0% 0.0% 0.0%
27.0% 0 75.0% 0.0% 5.0% 20.0% 0.0% 0.0%
32.0% 0 65.0% 0.0% 5.0% 20.0% 0.0% 0.0%
27.5% 0 70.0% 0.0% 5.0% 20.0% 0.0% 0.0%
38.5% 0 70.0% 0.0% 5.0% 20.0% 0.0% 0.0%
27.5% 0 72.0% 0.0% 5.0% 20.0% 0.0% 0.0%
41.5% 0 70.0% 0.0% 5.0% 20.0% 0.0% 0.0%
27.5% 0 76.5% 0.0% 5.0% 20.0% 0.0% 0.0%
34.5% 0 70.0% 0.0% 5.0% 20.0% 0.0% 0.0%
36.0% 0 70.0% 0.0% 5.0% 20.0% 0.0% 0.0%
29.5% 0 72.0% 0.0% 5.0% 20.0% 0.0% 0.0%
40.5% 0 72.0% 0.0% 5.0% 20.0% 0.0% 0.0%
30.5% 0 70.0% 0.0% 5.0% 20.0% 0.0% 0.0%
30.5% 0 70.0% 0.0% 5.0% 20.0% 0.0% 0.0%
38.5% 0 70.0% 0.0% 5.0% 20.0% 0.0% 0.0%
32.5% 0 70.0% 0.0% 5.0% 20.0% 0.0% 0.0%
38.0% 0 70.0% 0.0% 5.0% 20.0% 0.0% 0.0%
33.5% 0 70.0% 0.0% 5.0% 20.0% 0.0% 0.0%
33.5% 0 70.0% 0.0% 5.0% 20.0% 0.0% 0.0%
40.5% 0 70.0% 0.0% 5.0% 20.0% 0.0% 0.0%
26.0% 0 67.5% 0.0% 5.0% 20.0% 0.0% 0.0%
27.5% 0 72.0% 0.0% 5.0% 20.0% 0.0% 0.0%
31.0% 0 70.0% 0.0% 5.0% 20.0% 0.0% 0.0%
33.0% 0 70.0% 0.0% 5.0% 20.0% 0.0% 0.0%
41.0% 0 70.0% 0.0% 5.0% 20.0% 0.0% 0.0%
35.0% 0 69.0% 0.0% 5.0% 20.0% 0.0% 0.0%
36.0% 0 70.0% 0.0% 5.0% 20.0% 0.0% 0.0%
24.0% 0 69.0% 0.0% 5.0% 20.0% 0.0% 0.0%
40.0% 3,176,113 65.0% 70.0% 5.0% 20.0% 0.0% 0.0%
24.0% 0 69.0% 0.0% 5.0% 20.0% 0.0% 0.0%
36.5% 0 70.0% 0.0% 5.0% 20.0% 0.0% 0.0%
36.5% 0 65.0% 0.0% 5.0% 20.0% 0.0% 0.0%
33.5% 0 70.0% 0.0% 5.0% 20.0% 0.0% 0.0%
36.0% 0 65.0% 0.0% 5.0% 20.0% 0.0% 0.0%
21.0% 1,338,385 37.0% 70.0% 5.0% 20.0% 0.0% 0.0%
30.0% 2,059,055 50.0% 70.0% 5.0% 20.0% 0.0% 0.0%
30.0% 2,985,630 50.0% 70.0% 5.0% 20.0% 0.0% 0.0%
25.0% 2,934,154 50.0% 70.0% 5.0% 20.0% 0.0% 0.0%
40.0% 0 70.0% 0.0% 5.0% 20.0% 0.0% 0.0%
33.0% 753,552 50.0% 60.0% 5.0% 20.0% 0.0% 0.0%
35.0% 0 65.0% 0.0% 0.0% 0.0% 0.0% 0.0%
33.7% 0 70.0% 0.0% 0.0% 0.0% 0.0% 0.0%
41.5% 0 70.0% 0.0% 5.0% 20.0% 0.0% 0.0%
26.0% 1,367,664 45.0% 70.0% 5.0% 20.0% 0.0% 0.0%