COMMON STOCK PURCHASE WARRANT SUPERTEL HOSPITALITY, INC.Supertel Hospitality Inc • November 17th, 2011 • Real estate investment trusts • New York
THIS COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, Real Estate Strategies L.P., a Bermuda Limited Partnership, and, or its assigns (the “Holder”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after the date hereof (the “Initial Exercise Date”) and on or prior to the close of business on [ ], 2016 (the “Termination Date”) but not thereafter, to subscribe for and purchase from Supertel Hospitality, Inc., a Virginia corporation (the “Company”), 20,000,000 Preferred shares, to be increased up to 30,000,000 in the extent the option to purchase Additional Preferred Shares (as defined below) is exercised (subject to adjustment hereunder, the “Warrant Shares”) of Common Stock. The purchase price of one share of Common Stock under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).
INVESTOR RIGHTS AND CONVERSION AGREEMENTInvestor Rights and Conversion Agreement • November 17th, 2011 • Supertel Hospitality Inc • Real estate investment trusts • New York
This Investor Rights and Conversion Agreement (the “Agreement”) is dated as of , by and among Real Estate Strategies L.P., a Bermuda Limited Partnership (“RES” or the “Investor”), IRSA Inversiones y Representaciones Sociedad Anónima, an Argentine sociedad anónima (“IRSA”) (solely for purposes of Section 7(e) hereof) and Supertel Hospitality, Inc., a Virginia corporation (the “Company” and, together with the Investor and IRSA, the “Parties”).
REGISTRATION RIGHTS AGREEMENTRegistration Rights Agreement • November 17th, 2011 • Supertel Hospitality Inc • Real estate investment trusts • New York
This Registration Rights Agreement (the “Agreement”), dated as of , by and among Real Estate Strategies L.P., a Bermuda Limited Partnership (“RES” or, the “Purchaser”), IRSA Inversiones y Representaciones Sociedad Anónima, an Argentine Sociedad Anónima (“IRSA”) (solely for purposes of Section 5.6 hereof), and Supertel Hospitality, Inc., a Virginia corporation (the “Company”).
