0000900440-07-000020 Sample Contracts

HOTEL PURCHASE AGREEMENT
Lease Agreement • February 12th, 2007 • Supertel Hospitality Inc • Real estate investment trusts • Virginia

AGREEMENT, dated for reference purposes only, February 9, 2007 (the “Effective Date”), is among BUDGET MOTELS, INC., a Virginia corporation (“BMI” or “Seller”), and SUPERTEL LIMITED PARTNERSHIP, a Virginia limited partnership (“Buyer”).

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HOTEL PURCHASE AGREEMENT
Hotel Purchase Agreement • February 12th, 2007 • Supertel Hospitality Inc • Real estate investment trusts • Virginia

AGREEMENT, dated for reference purposes only, February 9, 2007 (the “Effective Date”), is among BUDGET MOTELS, INC., a Virginia corporation (“BMI”), WATERLOO HOSPITALITY, INC. a Virginia corporation (“Waterloo” and collectively with BMI, the “Sellers”), and SUPERTEL LIMITED PARTNERSHIP, a Virginia limited partnership (“Buyer”). Each of BMI and Waterloo may also be referenced herein as a “Seller.”

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