Form of Performance Stock Unit Award AgreementPerformance Stock Unit Award Agreement • May 10th, 2021 • Ashford Hospitality Trust Inc • Real estate investment trusts • Maryland
This Performance Stock Unit (“PSU”) Award Agreement (the “Award Agreement”) is made and entered into as of [ ], 2021 by and between Ashford Hospitality Trust, Inc., a Maryland corporation (the “Company”) and [NAME] (the “Participant”). All capitalized terms in this Award Agreement shall have the meanings assigned to them herein or, if not so defined, as assigned to them in the Company’s 2021 Stock Incentive Plan, as the same may be amended from time to time (the “Plan”).
Form of Performance LTIP Unit Award AgreementPerformance Ltip Unit Award Agreement • May 10th, 2021 • Ashford Hospitality Trust Inc • Real estate investment trusts • Delaware
This Performance LTIP Unit Award Agreement (the “Award Agreement”) is made and entered into as of March [__], 2021 by and between Ashford Hospitality Trust, Inc., a Maryland corporation (the “Company”), Ashford Hospitality Limited Partnership, a Delaware limited partnership (the “Partnership”) and [_________________] (the “Participant”). All capitalized terms in this Award Agreement shall have the meanings assigned to them herein, or, if not so defined, as assigned to them in the Company’s 2021 Stock Incentive Plan and as the same may be amended from time to time (the “Plan”), or the Seventh Amended and Restated Agreement of Limited Partnership of the Partnership, as the same may be amended from time to time (the “Operating Agreement”), as applicable.
