0001104659-17-074600 Sample Contracts

FORM OF INDEMNIFICATION AGREEMENT
Indemnification Agreement • December 21st, 2017 • Aspen REIT, Inc. • Real estate investment trusts • Maryland

THIS INDEMNIFICATION AGREEMENT (“Agreement”) is made and entered into as of the day of , 20 , by and between Aspen REIT, Inc., a Maryland corporation (the “Company”), and (“Indemnitee”).

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FORM OF AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP
Agreement of Limited Partnership • December 21st, 2017 • Aspen REIT, Inc. • Real estate investment trusts • Delaware

THIS AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP OF ASPEN OP, LP, a Delaware limited partnership (the “Partnership”), dated as of [·] (this “Agreement”), is entered into by and among ASPEN REIT, INC., a Maryland corporation (the “General Partner”) and the LIMITED PARTNERS identified on Exhibit A hereto. Capitalized terms used and not otherwise defined in this Agreement shall have the meanings ascribed to them in Article I below.

THE ST. REGIS ASPEN RESORT OPERATING AGREEMENT BETWEEN 315 EAST DEAN ASSOCIATES, INC. AND SHERATON OPERATING CORPORATION September 29, 2010
Operating Agreement • December 21st, 2017 • Aspen REIT, Inc. • Real estate investment trusts • Maryland

This Operating Agreement (this “Agreement”) is entered into as of the Effective Date, between 315 East Dean Associates, Inc., a Delaware corporation (“Owner”), and Sheraton Operating Corporation, a Delaware corporation (“Operator”). Owner and Operator are sometimes referred to collectively in this Agreement as the “Parties” and individually as a “Party.”

FORM OF REGISTRATION RIGHTS AGREEMENT
Registration Rights Agreement • December 21st, 2017 • Aspen REIT, Inc. • Real estate investment trusts • New York

This REGISTRATION RIGHTS AGREEMENT (as the same may be amended, modified or supplemented from time to time, this “Agreement”), dated as of [·], is made and entered into by and between ASPEN REIT, INC., a Maryland corporation (the “Company”), and the persons listed on Schedule I hereto (such persons, in their capacity as holders of Registrable Securities (as defined herein), the “ Holders” and each, a “ Holder”).

FORM OF MANAGEMENT AGREEMENT
Management Agreement • December 21st, 2017 • Aspen REIT, Inc. • Real estate investment trusts • New York

This MANAGEMENT AGREEMENT (the “Management Agreement”), dated as of [ ], by and among ASPEN REIT, INC., a Maryland corporation (the “Company”), ASPEN OP, LP, a Delaware limited partnership (the “Operating Partnership”) and ER-REITS, LLC, a Delaware limited liability company (the “Manager”).

THIRD AMENDMENT
Operating Agreement • December 21st, 2017 • Aspen REIT, Inc. • Real estate investment trusts

This Third Amendment to Operating Agreement (this “Amendment”) is made and entered into as of this 3rd day of April, 2013 (the “Effective Date”) by and among 315 EAST DEAN ASSOCIATES, INC., a Delaware corporation (“Owner”), and SHERATON OPERATING CORPORATION, a Delaware corporation (“Operator”), each a “Party” and collectively, the “Parties”.

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