0000950123-05-001407 Sample Contracts

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Exhibit 3 February 3, 2005 CONFIDENTIAL Mr. John Q. Hammons 300 John Q. Hammons Parkway Suite 900 Springfield, Missouri 65806 Re: Exclusivity Agreement Dear Mr. Hammons: As you know, the Special Committee of the Board of Directors of John Q. Hammons...
JQH Acquisition, LLC • February 9th, 2005 • Hotels & motels

As you know, the Special Committee of the Board of Directors of John Q. Hammons Hotels, Inc. (the "Company") has agreed to conduct exclusive negotiations with the undersigned regarding a potential acquisition transaction (a "Company Transaction"). As a condition to entering into a definitive agreement with the Company, we must enter into a definitive agreement with you and your affiliates regarding the acquisition of your equity interests in the Company and John Q. Hammons Hotels, L.P. ("JQH LP") and the related agreements regarding the provision of a line of credit, management arrangements, and the other matters we have discussed (collectively, a "Hammons Transaction").

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