0001104659-14-056255 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • August 4th, 2014 • Ashford Inc • Services-management consulting services • Texas

THIS EMPLOYMENT AGREEMENT (the “Agreement”), dated as of [ ], effective as of [ ] (the “Effective Date”), is between Ashford Inc., a corporation organized under the laws of the State of Delaware and having its principal place of business at Dallas, Texas, ASHFORD HOSPITALITY ADVISORS, LLC, a Delaware limited liability company organized under the laws of the State of Delaware and having its principal place of business at Dallas, Texas (hereinafter, the “Company”) and MONTY J. BENNETT, an individual residing in Dallas, Texas (the “Executive”).

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ADVISORY AGREEMENT
Advisory Agreement • August 4th, 2014 • Ashford Inc • Services-management consulting services • Texas

THIS ADVISORY AGREEMENT (this “Agreement”), is dated and effective as of [ ], 2014 (the “Effective Date”), by and between ASHFORD HOSPITALITY TRUST, INC., a Maryland corporation (“Ashford Trust” or the “Company”), ASHFORD HOSPITALITY TRUST LIMITED PARTNERSHIP, a Delaware limited partnership (the “Operating Partnership”), and ASHFORD HOSPITALITY ADVISORS LLC, a Delaware limited liability company (the “Advisor”).

AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT OF ASHFORD HOSPITALITY ADVISORS LLC DATED: [ ], 2014
Limited Liability Company Agreement • August 4th, 2014 • Ashford Inc • Services-management consulting services • Delaware

WHEREAS, Ashford Hospitality Advisors LLC (the “Company”) was formed as a limited liability company under the laws of the State of Delaware by the filing of a Certificate of Formation with the Secretary of State of Delaware on April 5, 2013;

ASHFORD INC. MUTUAL EXCLUSIVITY AGREEMENT
Mutual Exclusivity Agreement • August 4th, 2014 • Ashford Inc • Services-management consulting services • Texas

THIS ASHFORD INC. MUTUAL EXCLUSIVITY AGREEMENT (this “Agreement”) is entered as of the [ ] day of [ ], 2014 (the “Effective Date”) by and among ASHFORD HOSPITALITY ADVISORS LLC, a Delaware limited liability corporation (“Ashford LLC”), ASHFORD INC., a Delaware corporation (“Ashford Inc.”), and REMINGTON LODGING & HOSPITALITY, LLC, a Delaware limited liability company (“Manager”), and is consented and agreed to by MONTY J. BENNETT as a Remington Affiliate.

LICENSING AGREEMENT
Licensing Agreement • August 4th, 2014 • Ashford Inc • Services-management consulting services • Texas

This LICENSING AGREEMENT (this “Agreement”) dated as of [ ], 2014 (the “Effective Date”) between Ashford Hospitality Advisors LLC, a Delaware limited liability corporation (“Ashford LLC” or “Licensor”), Ashford Hospitality Trust, Inc., a Maryland corporation (“Ashford Trust”) and Ashford Hospitality Limited Partnership (“Ashford Trust OP”) (Ashford Trust and Ashford Trust OP, collectively, referred to as “Licensees”) (each party hereto, a “Party” and collectively, referred to as the “Parties”).

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