ESCROW AGREEMENT (Apple REIT Ten, Inc.)Escrow Agreement • December 20th, 2010 • Apple REIT Ten, Inc. • Real estate investment trusts • Virginia
THIS ESCROW AGREEMENT, dated as of December 20, 2010 (“Escrow Agreement”), is by and among DAVID LERNER ASSOCIATES, INC., a New York corporation (“Agent”), APPLE REIT TEN, INC., a Virginia corporation (“Company”), and BRANCH BANKING and TRUST Company., a North Carolina corporation, as Escrow Agent hereunder (“Escrow Agent”).
182,251,082 Units (Common Shares and Series A Preferred Shares) APPLE REIT TEN, INC. Agency Agreement December 20, 2010Agency Agreement • December 20th, 2010 • Apple REIT Ten, Inc. • Real estate investment trusts • Virginia
Apple REIT Ten, Inc., a Virginia corporation (the “Company”), is a corporation that will elect to qualify as a real estate investment trust pursuant to Sections 856 through 860 of the Internal Revenue Code of 1986, as amended (the “Code”). Subject to the terms and conditions stated herein, the Company proposes to engage David Lerner Associates, Inc. as its managing dealer (the “Agent”) to solicit offers to buy and obtain purchasers for Units, as offered by the Prospectus which is part of the Form S-11 Registration Statement under the Securities Act of 1933 (File No. 333-168971) as filed with the Securities and Exchange Commission. Each Unit refers to one share of common stock, no par value, and one Series A preferred share of the Company registered pursuant to the Registration Statement referred to in the preceding sentence. This will confirm our agreement respecting your engagement as the exclusive agent to solicit offers to buy and obtain purchasers for the Units on a “best efforts”
ADVISORY AGREEMENT BETWEEN APPLE REIT TEN, INC. AND APPLE TEN ADVISORS, INC.Advisory Agreement • December 20th, 2010 • Apple REIT Ten, Inc. • Real estate investment trusts • Virginia
THIS ADVISORY AGREEMENT, dated as of December 20, 2010, is between APPLE REIT TEN, INC., a Virginia corporation (the “Company”), and APPLE TEN ADVISORS, INC., a Virginia corporation (the “Advisor”).
PROPERTY ACQUISITION/DISPOSITION AGREEMENTProperty Acquisition/Disposition Agreement • December 20th, 2010 • Apple REIT Ten, Inc. • Real estate investment trusts • Virginia
THIS AGREEMENT is made and entered into as of December 20, 2010, by and between Apple REIT Ten, Inc., a Virginia corporation (hereinafter referred to as “Owner”), and Apple Suites Realty Group, Inc., a Virginia corporation (hereinafter referred to as “Agent”).
