SETTLEMENT AGREEMENTSettlement Agreement • February 17th, 2017 • Sessa Capital (Master), L.P. • Real estate investment trusts
Contract Type FiledFebruary 17th, 2017 Company IndustryTHIS SETTLEMENT AGREEMENT (this “Agreement”) is entered into as of February 16, 2017, by and among the entities listed on Exhibit A (collectively, the “Ashford Entities”) and Sessa Capital (Master), L.P., a Cayman Islands exempted limited partnership, Sessa Capital GP, LLC, a Delaware limited liability company, Sessa Capital IM, L.P., a Delaware limited partnership, Sessa Capital IM GP, LLC, a Delaware limited liability company, and John Petry (collectively, “Sessa” and, together with the Ashford Entities, the “Parties”).