0001104659-10-002186 Sample Contracts

AMENDED AND RESTATED BUSINESS MANAGEMENT AGREEMENT
Business Management Agreement • January 20th, 2010 • Hospitality Properties Trust • Real estate investment trusts • Massachusetts

THIS AMENDED AND RESTATED BUSINESS MANAGEMENT AGREEMENT (this “Agreement”) is entered into as of January 13, 2010, by and between Hospitality Properties Trust, a Maryland real estate investment trust (the “Company”), Reit Management & Research LLC, a Delaware limited liability company (the “Manager”), and, solely with respect to Section 15 of this Agreement with respect to certain non-competition covenants, Barry M. Portnoy, Gerard M. Martin and Adam D. Portnoy.

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AMENDED AND RESTATED PROPERTY MANAGEMENT AGREEMENT
Property Management Agreement • January 20th, 2010 • Hospitality Properties Trust • Real estate investment trusts • Massachusetts

THIS AMENDED AND RESTATED PROPERTY MANAGEMENT AGREEMENT (this “Agreement”) is made and entered into as of January 13, 2010, by and among Reit Management & Research LLC, a Delaware limited liability company (“Managing Agent”), and Hospitality Properties Trust, a Maryland real estate investment trust (the “Company”), on behalf of itself and those of its subsidiaries as may from time to time own properties subject to this Agreement (each, an “Owner” and, collectively, “Owners”).

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