STARWOOD HOTELS & RESORTS WORLDWIDE, INC. NONQUALIFIED STOCK OPTION AWARD LEGAL AWARD AGREEMENT PURSUANT TO THE 2004 LONG-TERM INCENTIVE COMPENSATION PLANStarwood Hotels & Resorts • July 30th, 2004 • Real estate investment trusts • Maryland
Starwood Hotels & Resorts Worldwide, Inc., a corporation organized under the laws of Maryland (the “Company”), has granted to the individual (the “Optionee”) named in the award notification attached hereto as Appendix A (the “Award Notification”) as of the grant date set forth in the Award Notification (the “Option Date”), pursuant to the provisions of the Starwood Hotels & Resorts Worldwide, Inc. 2004 Long-Term Incentive Compensation Plan (the “Plan”), a Nonqualified Stock Option (the “Option”) to purchase from the Company that number of Shares and at the Option Price per Share set forth in the Award Notification upon and subject to the terms and conditions set forth below and the terms and conditions set forth in the Plan. References to employment by the Company shall include employment by of a Subsidiary. Capitalized terms not defined herein shall have the meanings specified in the Plan.
