Common Contracts

2 similar Performance Ltip Unit Award Agreement contracts by Ashford Hospitality Trust Inc, Braemar Hotels & Resorts Inc.

Performance LTIP Unit Award Agreement
Performance Ltip Unit Award Agreement • March 10th, 2023 • Ashford Hospitality Trust Inc • Real estate investment trusts • Delaware

This Performance LTIP Unit Award Agreement (this “Award Agreement”) is made and entered into as of [ ], 2023 by and between Ashford Hospitality Trust, Inc., a Maryland corporation (the “Company”), Ashford Hospitality Limited Partnership, a Delaware limited partnership (the “Partnership”) and [_______________] (the “Participant”). All capitalized terms in this Award Agreement shall have the meanings assigned to them herein, or, if not so defined, as assigned to them in the Company’s 2021 Stock Incentive Plan, as the same may be amended from time to time (the “Plan”), or the Third Amended and Restated Agreement of Limited Partnership of the Partnership, as the same may be amended from time to time (the “Operating Agreement”), as applicable.

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Performance LTIP Unit Award Agreement
Performance Ltip Unit Award Agreement • March 10th, 2023 • Braemar Hotels & Resorts Inc. • Real estate investment trusts • Delaware

This Performance LTIP Unit Award Agreement (this “Award Agreement”) is made and entered into as of [_________], 2023 by and between Braemar Hotels & Resorts Inc., a Maryland corporation (the “Company”), Braemar Hospitality Limited Partnership, a Delaware limited partnership (the “Partnership”) and [_______________] (the “Participant”). All capitalized terms in this Award Agreement shall have the meanings assigned to them herein, or, if not so defined, as assigned to them in the Company’s Second Amended and Restated 2013 Equity Incentive Plan, as the same may be amended from time to time (the “Plan”), or the Third Amended and Restated Agreement of Limited Partnership of the Partnership, as the same may be amended from time to time (the “Operating Agreement”), as applicable.

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