SOTHERLY HOTELS INC. COMMON STOCK PAR VALUE $0.01 PER SHARE SALES AGENCY AGREEMENTSales Agency Agreement • July 9th, 2014 • Sotherly Hotels Lp • Hotels & motels • New York
Sotherly Hotels Inc., a Maryland corporation (the “Company”), and Sotherly Hotels LP, a Delaware limited partnership (the “Operating Partnership” and together with the Company, the “Transaction Entities”), confirm their agreement (this “Agreement”) with Sandler O’Neill & Partners, L.P. (the “Agent” or “you”), as follows:
