0000950123-10-098766 Sample Contracts

FORM OF INDEMNIFICATION AGREEMENT
Form of Indemnification Agreement • November 1st, 2010 • Summit Hotel Properties, Inc. • Real estate investment trusts • Maryland

THIS INDEMNIFICATION AGREEMENT (“Agreement”) is made and entered into as of the _____ day of __________, 20____, by and between Summit Hotel Properties, Inc., a Maryland corporation (the “Company”), and ________________________ (“Indemnitee”).

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FIRST AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP OF SUMMIT HOTEL OP, LP (a Delaware limited partnership)
Summit Hotel Properties, Inc. • November 1st, 2010 • Real estate investment trusts • Delaware

10% or more of the outstanding capital stock, shares or equity interests of such Person, or (iii) any officer, director, employee, partner, member, manager or trustee of such Person or any Person controlling, controlled by or under common control with such Person. For the purposes of this definition, “control” (including the correlative meanings of the terms “controlled by” and “under common control with”), as used with respect to any Person, shall mean the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of such Person, through the ownership of voting securities or partnership interests, contract or otherwise.

TAX PROTECTION AGREEMENT
Tax Protection Agreement • November 1st, 2010 • Summit Hotel Properties, Inc. • Real estate investment trusts • Delaware

THIS TAX PROTECTION AGREEMENT (this “Agreement”) is made and entered into as of __________, 2010 by and among SUMMIT HOTEL OP, LP, a Delaware limited partnership (the “Partnership”), and _______________, a Class___ member (the “Member”) in Summit Hotel Properties, LLC, a South Dakota limited liability company (the “Merging Entity”).

FORM OF HOTEL MANAGEMENT AGREEMENT
Hotel Management Agreement • November 1st, 2010 • Summit Hotel Properties, Inc. • Real estate investment trusts • Maryland

THIS AMENDED AND RESTATED HOTEL MANAGEMENT AGREEMENT (this “Agreement”) is made as of the ___ day of ____________, 2010, between the lessee entities set forth on Exhibit A attached hereto and made a part hereof (collectively, “Owner”) and INTERSTATE MANAGEMENT COMPANY, LLC (“Operator”), a Delaware limited liability company.

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