CONTRIBUTION AGREEMENT dated as of June 26, 2008 by and among AKSHAR LIMITED LIABILITY COMPANY, as Contributor, and HERSHA HOSPITALITY LIMITED PARTNERSHIP as OP, IN CONNECTION WITH THE CONTRIBUTION OF PROPERTY KNOWN AS THE HOLIDAY INN EXPRESS LOCATED ATContribution Agreement • July 2nd, 2008 • Hersha Hospitality Trust • Real estate investment trusts • Maryland
THIS CONTRIBUTION AGREEMENT, dated as of June 26, 2008 (the "Agreement"), is made by and between Akshar Limited Liability Company, a Maryland limited Liability Company (the "Contributor"), Hersha Camp Springs Associates, LLC, a Maryland limited liability company (the "Property Partnership"), Hersha Hospitality Limited Partnership, a Virginia limited partnership (the "OP") and Hersha Hospitality Trust, a Maryland real estate investment trust (the "REIT"), and provides:
