INDEMNIFICATION AGREEMENTIndemnification Agreement • December 17th, 2009 • DiamondRock Hospitality Co • Real estate investment trusts • Maryland
THIS INDEMNIFICATION AGREEMENT (“Agreement”) is made and entered into as of the day of , 20 , by and among DiamondRock Hospitality Company, a Maryland corporation (“DiamondRock,” which term shall include any corporation, partnership, limited liability company, joint venture, trust, foundation, association, organization or other legal entity controlled directly or indirectly by DiamondRock), DiamondRock Hospitality Limited Partnership, a Delaware limited partnership (the “Operating Partnership”), and (“Indemnitee”). The term “Company” as used in this Agreement is intended to refer to both or either of DiamondRock and/or the Operating Partnership, as the context requires so as to interpret the relevant provision in such a manner as to permit the broadest scope of allowable indemnification for Indemnitee hereunder permitted by applicable law and regulations.
December 16, 2009 Confidential Dear Michael:Severance Agreement • December 17th, 2009 • DiamondRock Hospitality Co • Real estate investment trusts • Maryland
As we have discussed, DiamondRock Hospitality Company (the “Company”) has made the decision to terminate your employment with the Company effective December 31, 2009. In accordance with the terms of that certain Severance Agreement dated March 9, 2007 by and between you and the Company (the “Severance Agreement”), you shall be entitled to severance payments and benefits to be provided in connection with a termination without Cause, as set out more fully below, conditioned upon your execution of this agreement and general release (the “Agreement”) and good faith cooperation throughout, as contemplated in Section 3(a) of the Severance Agreement.
