CONTRIBUTION AGREEMENT dated as of July 1, 2007 by and among HERSHA NORWICH ASSOCIATES, LLC, KIRIT PATEL, ASHWIN SHAH and K&D INVESTMENT ASSOCIATES, L.L.C. as Contributors, and HERSHA HOSPITALITY LIMITED PARTNERSHIP and as Acquirers, IN CONNECTION...Contribution Agreement • July 3rd, 2007 • Hersha Hospitality Trust • Real estate investment trusts • Connecticut
THIS CONTRIBUTION AGREEMENT, dated as of July 1, 2007 (the “Agreement”), by Hersha Norwich Associates, LLC, a Delaware limited liability company (the “Hersha Contributor”), Kirit Patel, an individual (the “Patel Contributor”), Ashwin Shah, an individual (the “Shah Contributor”), K&D Investment Associates, L.L.C., a Michigan limited liability company (the “K&D Contributor”, collectively, the “Contributors”), 44 Hersha Norwich Associates, LLC, a Connecticut limited liability company (the “LLC”), 44 Norwich Manager, LLC, a Delaware limited liability company (the “Manager Acquirer”) and Hersha Hospitality Limited Partnership, a Virginia limited partnership (the “Partnership Acquirer”, collectively, the “Acquirers”), provides:
