Common Contracts

2 similar Stock Award Agreement contracts by Summit Hotel Properties, Inc.

SUMMIT HOTEL PROPERTIES, INC. Stock Award Agreement (Performance-Based Shares)
Stock Award Agreement • May 6th, 2013 • Summit Hotel Properties, Inc. • Real estate investment trusts • South Dakota

This Stock Award Agreement (this “Agreement”), dated the __ day of ___, 2013 and made effective as of March 1, 2013, between SUMMIT HOTEL PROPERTIES, INC., a Maryland corporation (the “Company”), and _______ (the “Participant”), is made pursuant to the terms of the Summit Hotel Properties, Inc. 2011 Equity Incentive Plan (the “Plan”). All terms that are defined in the Plan and used herein shall have the same meaning given them in the Plan and the terms Change in Control,” “Control Change Date,” “Disability,” “Termination Without Cause” and “Voluntary Termination for Good Reason” shall have the meaning given them in the Employment Agreement between the Company and the Participant effective as of February 14, 2011. In addition, certain capitalized terms used in this Agreement have the meanings specified in Section 13 of this Agreement.

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SUMMIT HOTEL PROPERTIES, INC. Form of Stock Award Agreement (Performance-Based Shares)
Stock Award Agreement • May 15th, 2012 • Summit Hotel Properties, Inc. • Real estate investment trusts • South Dakota

This Stock Award Agreement (this “Agreement”), dated as of the ___ day of ____, 20__, between SUMMIT HOTEL PROPERTIES, INC., a Maryland corporation (the “Company”), and __________ (the “Participant”), is made pursuant to the terms of the Summit Hotel Properties, Inc. 2011 Equity Incentive Plan (the “Plan”). All terms that are defined in the Plan and used herein shall have the same meaning given them in the Plan and the terms Change in Control,” “Control Change Date,” “Disability,” “Termination Without Cause” and “Voluntary Termination for Good Reason” shall have the meaning given them in the Employment Agreement between the Company and the Participant effective as of February 14, 2011. In addition, certain capitalized terms used in this Agreement have the meanings specified in Section 13 of this Agreement.

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