Loan AgreementLoan Agreement • July 2nd, 2024 • Braemar Hotels & Resorts Inc. • Real estate investment trusts • Texas
Contract Type FiledJuly 2nd, 2024 Company Industry JurisdictionThis loan agreement (including all terms, schedules, annexes, supplements and exhibits attached hereto, as may be amended, restated, supplemented or otherwise modified from time to time, this “Agreement”) is entered into between BW Coinvest Management I LLC, a Delaware limited liability company (“Borrower”), Jason Aintabi, an individual residing at 721 Fifth Avenue Apt. 58LMH, New York, NY 10002, Vandewater Capital Holdings, LLC, Blackwells Holding Co. LLC, and Blackwells Asset Management LLC (each a “Guarantor” and together with Borrower, the “Loan Parties” and each a “Loan Party) and Braemar Hospitality Limited Partnership, a Delaware limited partnership (“Lender”), and establishes the terms and conditions that will govern the delayed draw term loan facility made available to Borrower by Lender. Except as otherwise specified, capitalized terms are defined in Section 19.
COOPERATION AGREEMENTCooperation Agreement • July 2nd, 2024 • Braemar Hotels & Resorts Inc. • Real estate investment trusts • Texas
Contract Type FiledJuly 2nd, 2024 Company Industry JurisdictionThis COOPERATION AGREEMENT (this “Agreement”), dated as of July 2, 2024, is made and entered into by and among Braemar Hotels & Resorts Inc., a Maryland corporation (“Braemar”), Ashford Hospitality Trust, Inc., a Maryland corporation (“AHT”), Ashford Inc., a Nevada corporation and the advisor to Braemar and AHT (“AINC”, and collectively with Braemar, AHT and each of AINC’s, Braemar’s and AHT’s respective Affiliates (as defined below) (including, for the avoidance of doubt, Stirling Hotels and Resorts, Inc.) and any entity advised currently or in the future by AINC, the “Company Group”), Blackwells Capital LLC, a Delaware limited liability company (“Blackwells Capital”), Blackwells Onshore I LLC, a Delaware limited liability company (“Blackwells Onshore”), Blackwells Holding Co. LLC, a Delaware limited liability company (“Blackwells Holdings”), Vandewater Capital Holdings, LLC, a Delaware limited liability company (“Vandewater”), Blackwells Asset Management LLC, a Delaware limited liabi
SHARE OWNERSHIP AGREEMENTShare Ownership Agreement • July 2nd, 2024 • Braemar Hotels & Resorts Inc. • Real estate investment trusts • Texas
Contract Type FiledJuly 2nd, 2024 Company Industry JurisdictionThis SHARE OWNERSHIP AGREEMENT (this “Agreement”), dated as of July 2, 2024, is made and entered into by and among Braemar Hotels & Resorts Inc., a Maryland corporation (“Braemar”), Ashford Hospitality Trust, Inc., a Maryland corporation (“AHT”), Ashford Inc., a Nevada corporation and the advisor to Braemar and AHT (“AINC”, and together with Braemar, AHT and each of AINC’s, Braemar’s and AHT’s respective Affiliates (as defined below) (including, for the avoidance of doubt, Stirling Hotels and Resorts, Inc.) and any entity advised currently or in the future by AINC, collectively, the “Company Group”), Blackwells Capital LLC, a Delaware limited liability company (“Blackwells Capital”), Blackwells Onshore I LLC, a Delaware limited liability company (“Blackwells Onshore”), Blackwells Holding Co. LLC, a Delaware limited liability company (“Blackwells Holding”), Vandewater Capital Holdings, LLC, a Delaware limited liability company (“Vandewater”), Blackwells Asset Management LLC, a Delaware