0000950123-10-083849 Sample Contracts

ASHFORD HOSPITALITY TRUST, INC. $50,000,000 of Common Stock EQUITY DISTRIBUTION AGREEMENT Dated: September 3, 2010
Equity Distribution Agreement • September 3rd, 2010 • Ashford Hospitality Trust Inc • Real estate investment trusts • New York

Each of Ashford Hospitality Trust, Inc., a Maryland corporation (the “Company”) and Ashford Hospitality Limited Partnership, a Delaware limited partnership (the “Operating Partnership”) confirms its agreement (this “Agreement”) with JMP Securities LLC (the “Placement Agent”), as follows:

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