0001104659-15-043970 Sample Contracts

SECOND AMENDED AND RESTATED PROPERTY MANAGEMENT AGREEMENT
Property Management Agreement • June 8th, 2015 • Hospitality Properties Trust • Real estate investment trusts • Maryland

THIS SECOND AMENDED AND RESTATED PROPERTY MANAGEMENT AGREEMENT (this “Agreement”) is made and entered into as of June 5, 2015, by and among Reit Management & Research LLC, a Maryland 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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SECOND AMENDED AND RESTATED BUSINESS MANAGEMENT AGREEMENT
Business Management Agreement • June 8th, 2015 • Hospitality Properties Trust • Real estate investment trusts • Maryland

THIS SECOND AMENDED AND RESTATED BUSINESS MANAGEMENT AGREEMENT (this “Agreement”) is entered into effective as of June 5, 2015, by and between Hospitality Properties Trust, a Maryland real estate investment trust (the “Company”), and Reit Management & Research LLC, a Maryland limited liability company (the “Manager”).

REGISTRATION RIGHTS AGREEMENT BY AND BETWEEN REIT MANAGEMENT & RESEARCH INC. AND HOSPITALITY PROPERTIES TRUST
Registration Rights Agreement • June 8th, 2015 • Hospitality Properties Trust • Real estate investment trusts • Maryland

This Registration Rights Agreement (as amended, supplemented or restated from time to time, this “Agreement”) is entered into as of June 5, 2015, by and between Reit Management & Research Inc., a Maryland corporation (“INC”), and Hospitality Properties Trust, a Maryland real estate investment trust (including its successors and permitted assigns, “Shareholder”). INC and Shareholder are each referred to as a “Party” and together as the “Parties”.

TRANSACTION AGREEMENT BY AND AMONG REIT MANAGEMENT & RESEARCH LLC, REIT MANAGEMENT & RESEARCH TRUST, REIT MANAGEMENT & RESEARCH INC. AND HOSPITALITY PROPERTIES TRUST Dated as of June 5, 2015
Transaction Agreement • June 8th, 2015 • Hospitality Properties Trust • Real estate investment trusts • Maryland

This Transaction Agreement (as amended, supplemented or restated from time to time, this “Agreement”) is entered into as of June 5, 2015, by and among (i) Reit Management & Research LLC, a Maryland limited liability company (“LLC”), (ii) Reit Management & Research Trust, a Massachusetts business trust (“TRUST”), (iii) Reit Management & Research Inc., a Maryland corporation (“INC,” and together with LLC and TRUST, the “RMR Parties”), and (iv) Hospitality Properties Trust, a Maryland real estate investment trust (“REIT”). The RMR Parties and REIT are each referred to as a “Party” and collectively as the “Parties.”

REGISTRATION RIGHTS AND LOCK-UP AGREEMENT BY AND AMONG HOSPITALITY PROPERTIES TRUST, REIT MANAGEMENT & RESEARCH TRUST, BARRY M. PORTNOY AND ADAM D. PORTNOY Dated as of June 5, 2015
Registration Rights and Lock-Up Agreement • June 8th, 2015 • Hospitality Properties Trust • Real estate investment trusts • Maryland

This Registration Rights and Lock-Up Agreement (as amended, supplemented or restated from time to time, this “Agreement”) is entered into as of June 5, 2015, by and among Hospitality Properties Trust, a Maryland real estate investment trust (“REIT”), Reit Management & Research Trust, a Massachusetts business trust (“TRUST”), and Barry M. Portnoy and Adam D. Portnoy (each a “Founder” and together with TRUST and including their respective successors and permitted assigns, “Shareholders”). REIT and Shareholders are each referred to as a “Party” and collectively as the “Parties”.

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