FORM OF ADVISORY AGREEMENT AMONG MOODY NATIONAL REIT I, INC., MOODY NATIONAL OPERATING PARTNERSHIP I, L.P., MOODY NATIONAL ADVISOR I, LLC AND MOODY NATIONAL REALTY COMPANY, L.P.Advisory Agreement • January 7th, 2009 • Moody National REIT I, Inc. • Real estate investment trusts • Maryland
THIS ADVISORY AGREEMENT, dated as of the day of , 2008, and effective as of the date that the Registration Statement (as defined below) is declared effective by the Securities and Exchange Commission (the “Effective Date”) is among Moody National REIT I, Inc., a Maryland corporation (the “Company”), Moody National Operating Partnership I, L.P., a Delaware limited partnership (the “Operating Partnership”), Moody National Advisor I, LLC, a Delaware limited liability company (the “Advisor”), and, solely in connection with the obligations set forth in Section 13, Moody National Realty Company, L.P., a Texas limited partnership (“Moody National”). Capitalized terms used herein shall have the meanings ascribed to them in Section 1 below.
FORM OF LIMITED PARTNERSHIP AGREEMENT OF MOODY NATIONAL OPERATING PARTNERSHIP I, L.P. A DELAWARE LIMITED PARTNERSHIPLimited Partnership Agreement • January 7th, 2009 • Moody National REIT I, Inc. • Real estate investment trusts • Delaware
This Limited Partnership Agreement (this “Agreement”) is entered into this ___th day of , 2008, between Moody National REIT I, Inc., a Maryland corporation (the “General Partner”), and the Limited Partners set forth on Exhibit A attached hereto. Capitalized terms used herein but not otherwise defined shall have the meanings given them in Article 1.
