0001193125-03-033297 Sample Contracts

POOLING AND CUMULATION AGREEMENT
Pooling and Cumulation Agreement • August 12th, 2003 • Innkeepers Usa Trust/Fl • Real estate investment trusts

THIS POOLING AND CUMULATION AGREEMENT (“Agreement”) is made as of , 2003 (the “Closing Date”) by and among KPA LEASECO, INC., a Virginia corporation (“TRS I”), KPA LEASECO II, INC., a Virginia corporation (“TRS II”), KPA LEASECO III, INC., a Virginia corporation (“TRS III”), KPA LEASECO IV, INC., a Virginia corporation (“TRS IV”), KPA LEASECO V, INC., a Virginia corporation (“TRS V” and together with TRS I, TRS II, TRS III and TRS IV, collectively the “TRS Entities”) and INNKEEPERS HOSPITALITY MANAGEMENT, INC., a Florida corporation (“IH”).

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MASTER LEASE ASSIGNMENT AGREEMENT
Master Lease Assignment Agreement • August 12th, 2003 • Innkeepers Usa Trust/Fl • Real estate investment trusts • Florida

This Master Lease Assignment Agreement (the “Agreement”) is made as of this 8th day of August, 2003 by and among Innkeepers USA Trust, a Maryland real estate investment trust (the “REIT”), Innkeepers USA Limited Partnership, a Virginia limited partnership (“Innkeepers USA Partnership”) (of which a wholly-owned subsidiary of the REIT is the general partner and of which the REIT indirectly owns the substantial majority of the partnership interests) and its subsidiaries described on Exhibit A(1) hereto (each, a “Lessor” and collectively, the “Lessors”), each of the subsidiaries of the REIT set forth on Exhibit A(2) hereto (each, a “TRS Lessee” and collectively, the “TRS Lessees” and together with the Lessors, Innkeepers USA Partnership and the REIT, the “REIT Parties”), Innkeepers Hospitality, Inc. and certain related entities (collectively, the “IH Entities,” each of which is set forth on Exhibit A(3) attached hereto and which is individually referred to herein as a “Lessee” and which ar

COVENANT NOT TO COMPETE (Innkeepers)
Covenant Not to Compete • August 12th, 2003 • Innkeepers Usa Trust/Fl • Real estate investment trusts • Florida

THIS COVENANT NOT TO COMPETE (this “Agreement”) is entered as of the 4th day of August, 2003 (the “Effective Date”) by and between INNKEEPERS USA LIMITED PARTNERSHIP, a Virginia limited partnership (the “Partnership”), INNKEEPERS USA TRUST, a Maryland real estate investment trust and the general partner of the Partnership (the “REIT”; the REIT and the Partnership are collectively referred to as the “Company”), INNKEEPERS HOSPITALITY, INC., a Virginia corporation f/k/a JF Hotel, Inc., and JEFFREY H. FISHER (“Mr. Fisher”).

HOTEL MANAGEMENT AGREEMENT
Hotel Management Agreement • August 12th, 2003 • Innkeepers Usa Trust/Fl • Real estate investment trusts • Florida

THIS HOTEL MANAGEMENT AGREEMENT (“Agreement”) is made and entered into this day of , 2003 (“Effective Date”) by and between KPA Leaseco , Inc., a Virginia corporation with its principal place of business at 306 Royal Poinciana Plaza, Palm Beach, Florida 33480 (“Lessee”), and INNKEEPERS HOSPITALITY MANAGEMENT, INC., a Florida corporation, with its principal place of business at 302 Royal Poinciana Plaza, Palm Beach, Florida 33480 (“Manager”).

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