UNDERWRITING AGREEMENTUnderwriting Agreement • December 12th, 2014 • LaSalle Hotel Properties • Real estate investment trusts • New York
LaSalle Hotel Properties, a Maryland real estate investment trust (the “Company”), and LaSalle Hotel Operating Partnership, L.P., a Delaware limited partnership (the “Operating Partnership”), confirm their agreement with Barclays Capital Inc., Deutsche Bank Securities Inc. and Morgan Stanley & Co. LLC (the “Underwriters,” which term shall include any underwriter substituted as hereinafter provided in Section 10 hereof) with respect to the issue and sale by the Company and the purchase by the Underwriters, acting severally and not jointly, of 7,600,000 of the Company’s common shares of beneficial interest, par value $.01 per share (the “Common Shares”), and with respect to the grant by the Company to the Underwriters, acting severally and not jointly, of the option described in Section 2(b) hereof to purchase all or any part of the 1,140,000 additional Common Shares. The aforesaid 7,600,000 Common Shares (the “Initial Securities”) to be purchased by the Underwriters and all or any part
