SEVERANCE AGREEMENTSeverance Agreement • March 11th, 2004 • Innkeepers Usa Trust/Fl • Real estate investment trusts • Florida
This SEVERANCE AGREEMENT (this “Agreement”) is effective as of the 1st day of January, 2004, by and between Innkeepers USA Trust, a Maryland Real Estate Investment Trust (the “Trust”) and GREGORY M. FAY (the “Executive”).
FIRST AMENDMENT TO FRANCHISE AGREEMENTFranchise Agreement • March 11th, 2004 • Innkeepers Usa Trust/Fl • Real estate investment trusts
The Summerfield Suites® by Wyndham Hotel Franchise Agreement dated February 24, 2004 (“Franchise Agreement”) by and between Summerfield Hotel Company, L.P. (“Franchisor”) and KPA Leaseco IV, Inc. (“Franchisee”), is hereby amended as set forth in this First Amendment to Franchise Agreement (“Amendment”) of even date. The terms of this Amendment supersede any inconsistent or conflicting provisions in the Franchise Agreement, are for the benefit of Franchisee, and are not transferable without the prior written consent of Franchisor. Capitalized terms used but not defined herein shall have the meanings ascribed to such terms in the Franchise Agreement.
FRANCHISE AGREEMENT BETWEEN SUMMERFIELD HOTEL COMPANY, L.P. (Franchisor) and KPA LEASECO IV, INC. (Franchisee) dated FEBRUARY 24, 2004 for a SUMMERFIELD SUITES® BY WYNDHAM HOTEL EL SEGUNDO, CALIFORNIAFranchise Agreement • March 11th, 2004 • Innkeepers Usa Trust/Fl • Real estate investment trusts • Texas
THIS AGREEMENT is made and entered into as of the 24th day of February 2004, to be effective as of the Effective Date, between Summerfield Hotel Company, L.P., a Kansas limited partnership (“Franchisor”), and KPA Leaseco IV, Inc. (“Franchisee”). Certain terms used in this Agreement are defined in Attachment D.
FOURTH AMENDMENT TO THE SECOND AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP OF INNKEEPERS USA LIMITED PARTNERSHIPSecond Amended and Restated Agreement of Limited Partnership • March 11th, 2004 • Innkeepers Usa Trust/Fl • Real estate investment trusts
This Fourth Amendment (this “Amendment”) to the Second Amended and Restated Agreement of Limited Partnership of Innkeepers USA Limited Partnership (the “Partnership”) dated November 1, 1996 (the “Partnership Agreement”) is entered into as of January 20, 2004, by and among Innkeepers Financial Corporation, a Virginia corporation (the “General Partner”), which is the sole general partner of the Partnership, and Innkeepers USA Trust, a Maryland real estate investment trust (the “Trust”), which is the sole shareholder of the General Partner. All capitalized terms used herein and not otherwise defined shall have the meanings assigned to them in the Partnership Agreement.
SECOND AMENDMENT TO SECOND AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIPSecond Amended and Restated Agreement of Limited Partnership • March 11th, 2004 • Innkeepers Usa Trust/Fl • Real estate investment trusts • Virginia
This Second Amendment to Second Amended and Restated Agreement of Limited Partnership (the “Amendment”) is made as the 23rd day of July 1997, among Innkeepers Financial Corporation, a Virginia corporation and sole general partner of Innkeepers USA Limited Partnership (the “Partnership”) and the limited partners listed on Schedule A (the “Limited Partners”) to the Partnership’s Second Amended and Restated Agreement of Limited Partnership dated as of November 1, 1996 as amended by the First Amendment to Second Amended and Restated Agreement of Limited Partnership (collectively, the “Agreement”) and recites and provides as follows:
THIRD AMENDMENT OF AMENDED AND RESTATED CREDIT AGREEMENTCredit Agreement • March 11th, 2004 • Innkeepers Usa Trust/Fl • Real estate investment trusts • Virginia
THIS THIRD AMENDMENT OF AMENDED AND RESTATED CREDIT AGREEMENT (this “Third Amendment”) is entered into on January 27, 2004, to be effective as of December 31, 2003, between INNKEEPERS USA TRUST, a Maryland real estate investment trust (the “Trust”), INNKEEPERS USA LIMITED PARTNERSHIP, a Virginia limited partnership (the “Partnership;” the Trust and the Partnership are each called a “Borrower” and collectively called “Borrowers”), each of the banks or other lending institutions which is a signatory to this Third Amendment (collectively, “Lenders”), BANK OF AMERICA, N.A., a national banking association, as Administrative Agent (in such capacity, together with its successors and permitted assigns, “Administrative Agent”) and as Issuing Bank.
LEASE TERMINATION AGREEMENT Dated: As of February 27, 2004 Summerfield Suites, Addison, Texas Summerfield Suites, El Segundo, California Summerfield Suites, Mt. Laurel, New Jersey Summerfield Suites, Belmont, California Summerfield Suites, Los Colinas...Lease Termination Agreement • March 11th, 2004 • Innkeepers Usa Trust/Fl • Real estate investment trusts • Virginia
THIS LEASE TERMINATION AGREEMENT (this “Agreement”) dated as of February27, 2004 (the “Effective Date”) is made by and among SUMMERFIELD KPA LESSEE, L.P., a Kansas limited partnership (“Summerfield KPA”), SUMMERFIELD HOTEL LEASING COMPANY, L.P., a Kansas limited partnership (“SHLC”) and PATRIOT AMERICAN HOSPITALITY PARTNERSHIP, a Virginia limited partnership (“PAHP”) (Summerfield KPA, SHLC and PAHP are sometimes herein collectively called “Terminating Lessees” and individually, a “Terminating Lessee”) and INNKEEPERS SUMMERFIELD GENERAL, L.P., a Virginia limited partnership, (“General I”), INNKEEPERS SUMMERFIELD GENERAL II, L.P., a Virginia limited partnership (“General II”) and INNKEEPERS SUNRISE TINTON FALLS, L.P., a Virginia limited partnership (“Sunrise”) (General I, General II and Sunrise sometimes herein collectively called “Terminating Lessors” and individually, a “Terminating Lessor”), and is as follows:
THIRD AMENDMENT TO SECOND AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIPSecond Amended and Restated Agreement of Limited Partnership • March 11th, 2004 • Innkeepers Usa Trust/Fl • Real estate investment trusts • Virginia
This Third Amendment to Second Amended and Restated Agreement of Limited Partnership (the “Amendment”) is made as the 1st day of March, 1998, among Innkeepers Financial Corporation, a Virginia corporation and sole general partner of Innkeepers USA Limited Partnership (the “Partnership”), and the limited partners listed on Schedule A (the “Limited Partners”) to the Partnership’s Second Amended and Restated Agreement of Limited Partnership, dated as of November 1, 1996, as amended by the First Amendment to Second Amended and Restated Agreement of Limited Partnership, dated July 1, 1997, and the Second Amendment to Second Amended and Restated Agreement of Limited Partnership, dated as of July 23, 1997 (collectively, the “Agreement”), and recites and provides as follows:
FIRST AMENDMENT TO SECOND AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP OF INNKEEPERS USA LIMITED PARTNERSHIPLimited Partnership Agreement • March 11th, 2004 • Innkeepers Usa Trust/Fl • Real estate investment trusts
THIS FIRST AMENDMENT TO SECOND AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP OF INNKEEPERS USA LIMITED PARTNERSHIP (this “Amendment”), dated as of July 1, 1997, recites and provides as follows:
FOURTH AMENDMENT TO EMPLOYMENT AGREEMENTEmployment Agreement • March 11th, 2004 • Innkeepers Usa Trust/Fl • Real estate investment trusts
THIS FOURTH AMENDMENT TO EMPLOYMENT AGREEMENT, dated as of December 31, 2003, between INNKEEPERS USA TRUST, a Maryland real estate investment trust (“Company”), and JEFFREY H. FISHER (“Executive”), recites and provides as follows:
AMENDMENT TO EMPLOYMENT AGREEMENTEmployment Agreement • March 11th, 2004 • Innkeepers Usa Trust/Fl • Real estate investment trusts
THIS AMENDMENT TO EMPLOYMENT AGREEMENT, dated as of November 13, 2000, between INNKEEPERS USA TRUST, a Maryland real estate investment trust (“Company”), and JEFFREY H. FISHER (“Executive”), recites and provides as follows:
AMENDMENT TO EMPLOYMENT AGREEMENTEmployment Agreement • March 11th, 2004 • Innkeepers Usa Trust/Fl • Real estate investment trusts
THIS AMENDMENT TO EMPLOYMENT AGREEMENT, dated as of October 9, 1998, between INNKEEPERS USA TRUST, a Maryland real estate investment trust (“Company”), and JEFFREY H. FISHER (“Executive”), recites and provides as follows:
