0001193125-05-120699 Sample Contracts

ESCROW AGREEMENT (Apple REIT Seven, Inc.)
Escrow Agreement • June 6th, 2005 • Apple REIT Seven, Inc. • Virginia

THIS ESCROW AGREEMENT, dated as of , 2005 (“Escrow Agreement”), is by and among DAVID LERNER ASSOCIATES, INC., a New York corporation (“Agent”), APPLE REIT SEVEN, INC., a Virginia corporation (“Company”), and WACHOVIA BANK, NATIONAL ASSOCIATION, a national banking association, as Escrow Agent hereunder (“Escrow Agent”).

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ADVISORY AGREEMENT BETWEEN APPLE REIT SEVEN, INC. AND APPLE SEVEN ADVISORS, INC.
Advisory Agreement • June 6th, 2005 • Apple REIT Seven, Inc. • Virginia

THIS ADVISORY AGREEMENT, dated as of , 2005, is between APPLE REIT SEVEN, INC., a Virginia corporation (the “Company”), and APPLE SEVEN ADVISORS, INC., a Virginia corporation (the “Advisor”).

91,125,541 Units (Common Shares and Series A Preferred Shares) APPLE REIT SEVEN, INC. Agency Agreement
Agency Agreement • June 6th, 2005 • Apple REIT Seven, Inc. • Virginia
PROPERTY ACQUISITION/DISPOSITION AGREEMENT
Agreement • June 6th, 2005 • Apple REIT Seven, Inc. • Virginia

THIS AGREEMENT is made and entered into as of the day of , 2005, by and between Apple REIT Seven, Inc., a Virginia corporation (hereinafter referred to as “Owner”), and Apple Suites Realty Group, Inc., a Virginia corporation (hereinafter referred to as “Agent”).

UNCONDITIONAL GUARANTY
Unconditional Guaranty • June 6th, 2005 • Apple REIT Seven, Inc.
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