0001104659-22-001550 Sample Contracts

Mutual Release of Claims
Mutual Release • January 5th, 2022 • Summit Hotel Properties, Inc. • Real estate investment trusts

THIS MUTUAL RELEASE OF CLAIMS, dated December 31, 2021, (this “General Release”) is between SUMMIT HOTEL PROPERTIES, INC., a Maryland corporation (the “Company”), and DANIEL P. HANSEN (the “Executive” or “I”), recites and provides as follows:

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FIRST AMENDMENT TO STOCK AWARD AGREEMENT (PERFORMANCE-BASED SHARES)
Stock Award Agreement • January 5th, 2022 • Summit Hotel Properties, Inc. • Real estate investment trusts

This FIRST AMENDMENT TO STOCK AWARD AGREEMENT (PERFORMANCE-BASED SHARES) (this “First Amendment”) dated as of the 31st day of December, 2021, by and between SUMMIT HOTEL PROPERTIES, INC. a Maryland corporation (the “Company”) and Daniel P. Hansen (the “Participant”), is made pursuant to the terms of the Summit Hotel Properties, Inc. 2011 Equity Incentive Plan, as amended and restated (the “Plan”).

FIRST AMENDMENT TO STOCK AWARD AGREEMENT (PERFORMANCE-BASED SHARES)
Stock Award Agreement • January 5th, 2022 • Summit Hotel Properties, Inc. • Real estate investment trusts

This FIRST AMENDMENT TO STOCK AWARD AGREEMENT (PERFORMANCE-BASED SHARES) (this “First Amendment”) dated as of the 31st day of December, 2021, by and between SUMMIT HOTEL PROPERTIES, INC. a Maryland corporation (the “Company”) and Daniel P. Hansen (the “Participant”), is made pursuant to the terms of the Summit Hotel Properties, Inc. 2011 Equity Incentive Plan, as amended and restated (the “Plan”).

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