0001144204-11-023517 Sample Contracts

HOTEL MANAGEMENT AGREEMENT Index
Hotel Management Agreement • April 22nd, 2011 • Lightstone Value Plus Real Estate Investment Trust Ii Inc • Real estate investment trusts

This HOTEL MANAGEMENT AGREEMENT (the “Agreement”) made this 19th day of January, 2011 between LVP Metairie Holding Corp., with offices located at 1985 Cedar Bridge Avenue, Suite 1, Lakewood, New Jersey 08701 (“Owner”), and TRANS INNS MANAGEMENT, INC. a Michigan corporation with offices located at 31525 W. Twelve Mile Road, Suite LL-1, Farmington Hills, Michigan 48334 (“Operator”).

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LVP METAIRIE, LLC LIMITED LIABILITY COMPANY AGREEMENT
Limited Liability Company Agreement • April 22nd, 2011 • Lightstone Value Plus Real Estate Investment Trust Ii Inc • Real estate investment trusts • Delaware

This LIMITED LIABILITY COMPANY AGREEMENT (this “Agreement”) is made and entered into as of the 13th day of January, 2011, by and between LVP METAIRIE JV, LLC, a Delaware limited liability company, as the sole equity member (the “Member”), and GAIL GROSSMAN, as the Special Member (as defined below) (the “Special Member”).

LIMITED LIABILITY COMPANY AGREEMENT OF LVP METAIRIE JV, LLC
Limited Liability Company Agreement • April 22nd, 2011 • Lightstone Value Plus Real Estate Investment Trust Ii Inc • Real estate investment trusts • Delaware

This Limited Liability Company Agreement (this “Agreement”) of LVP Metairie JV, LLC, a Delaware limited liability company, dated as of January 14, 2011, is adopted and entered into by LIGHTSTONE VALUE PLUS REIT II, LP (“REIT II LP”), a Delaware limited partnership, with its office located at 1985 Cedar Bridge Avenue, Suite 1, Lakewood, NJ 08701, TPS METAIRIE, LLC (“TPS”), a Michigan limited liability company, with its office located at 31525 W. Twelve Mile Road, Suite LL-1, Farmington Hills, Michigan 48334, and SHERMAN FAMILY TRUST (“Sherman”), a California trust, with its office located at P.O. Box 2199, Aspen, Colorado 81612. REIT II LP, TPS and Sherman shall also be referred to each as a “Member” and, together, as “Members.”

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