0000950123-09-057725 Sample Contracts

SUBSCRIPTION AGREEMENT
Subscription Agreement • November 4th, 2009 • Chatham Lodging Trust • Maryland

The offer and sale of the common shares of beneficial interest, par value $0.01 per share (the “Shares”), of Chatham Lodging Trust, a Maryland real estate investment trust (the “Company”), to the undersigned (the “Investor”) are not being registered under the Securities Act of 1933, as amended (the “Securities Act”), but rather are being made privately by the Company pursuant to the private placement exemption from the registration requirements provided in Section 4(2) of the Securities Act and Rule 506 of Regulation D (“Regulation D”) promulgated thereunder by the Securities and Exchange Commission.

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