Common Contracts
1 similar Strategic Alliance Agreement contracts
ContractStrategic Alliance Agreement • May 5th, 2020 • Maryland
<DOCUMENT> <TYPE>EX-99.D.3 <SEQUENCE>8 <FILENAME>0008.txt <DESCRIPTION>EXHIBIT D3 <TEXT> <PAGE> EXHIBIT D3 ---------- HEADS OF AGREEMENT ------------------ This Heads of Agreement (this "HOA") is entered into as of the 20th day of September, 2000 (the "Effective Date") by and between Choice Hotels International, Inc. ("Choice") and Sunburst Hospitality Corporation ("Sunburst") (collectively, the "Parties"), with respect to the following: WHEREAS, Sunburst is engaged in the buying, developing and operating of hotel properties; WHEREAS, Choice is engaged in franchising and managing hotels and in providing various services for its franchises to strengthen particular hotel brands, including the operation of a national reservation system for Choice's brands and the conducting of advertising and marketing activities on behalf of franchises of Choice's brands; WHEREAS, prior to October 15, 1997, Sunburst was the common parent of a consolidated group that included as one of its subsidiaries Ch
