PERFORMANCE-BASED RESTRICTED SHARE AGREEMENT (Non-Assignable) Regarding a target amount of Common Shares (maximum amount of Common Shares) Of Beneficial Interest, par value $0.01 per share of LASALLE HOTEL PROPERTIESRestricted Share Agreement • April 18th, 2007 • Lasalle Hotel Properties • Real estate investment trusts • Maryland
THIS CERTIFIES that, effective as of (the “Date of Grant”), (the “Grantee”) will be granted an award of (the “Target Amount”) restricted common shares of beneficial interest, par value $0.01 per share (the “Common Shares”), of LASALLE HOTEL PROPERTIES (the “Company”), subject to increase to a maximum of _______ Common Shares (the “Maximum Amount”), upon and subject to the following terms and conditions and the applicable terms and conditions of the 1998 Share Option and Incentive Plan, as amended and as in effect from time to time (the “Plan”):
RESTRICTED SHARE AGREEMENT (Non-Assignable) Regarding Common Shares of Beneficial Interest, par value $0.01 per share of LASALLE HOTEL PROPERTIESRestricted Share Agreement • April 18th, 2007 • Lasalle Hotel Properties • Real estate investment trusts • Maryland
THIS CERTIFIES that, effective as of (the “Date of Grant”), (the “Grantee”) will be granted restricted but fully paid and non-assessable common shares of beneficial interest, par value $0.01 per share (the “Common Shares”), of LASALLE HOTEL PROPERTIES (the “Company”) upon and subject to the following terms and conditions and the applicable terms and conditions of the 1998 Share Option and Incentive Plan, as amended and as in effect from time to time (the “Plan”):
