0001193125-07-025254 Sample Contracts

ESCROW AGREEMENT (Apple REIT Eight, Inc.)
Escrow Agreement • February 9th, 2007 • Apple REIT Eight, Inc. • Virginia

THIS ESCROW AGREEMENT, dated as of , 2007 (“Escrow Agreement”), is by and among DAVID LERNER ASSOCIATES, INC., a New York corporation (“Agent”), APPLE REIT EIGHT, INC., a Virginia corporation (“Company”), and U.S. BANK NATIONAL ASSOCIATION, a national banking association, as Escrow Agent hereunder (“Escrow Agent”).

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91,125,541 Units (Common Shares and Series A Preferred Shares) APPLE REIT EIGHT, INC. Agency Agreement
Agency Agreement • February 9th, 2007 • Apple REIT Eight, Inc. • Virginia
ADVISORY AGREEMENT BETWEEN APPLE REIT EIGHT, INC. AND APPLE EIGHT ADVISORS, INC.
Advisory Agreement • February 9th, 2007 • Apple REIT Eight, Inc. • Virginia

THIS ADVISORY AGREEMENT, dated as of , 2007, is between APPLE REIT EIGHT, INC., a Virginia corporation (the “Company”), and APPLE EIGHT ADVISORS, INC., a Virginia corporation (the “Advisor”).

PROPERTY ACQUISITION/DISPOSITION AGREEMENT
Property Acquisition/Disposition Agreement • February 9th, 2007 • Apple REIT Eight, Inc. • Virginia

THIS AGREEMENT is made and entered into as of , 2007, by and between Apple REIT Eight, 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 • February 9th, 2007 • Apple REIT Eight, Inc.
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