0001474098-13-000015 Sample Contracts

LOAN AGREEMENT Dated as of December 27, 2012 between THE BORROWERS NAMED HEREIN as Borrower, and
Loan Agreement • February 21st, 2013 • Pebblebrook Hotel Trust • Real estate investment trusts • New York
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AMENDMENT TO SECOND AMENDED AND RESTATED OPERATING AGREEMENT
Operating Agreement • February 21st, 2013 • Pebblebrook Hotel Trust • Real estate investment trusts • Delaware

This Amendment (the “Amendment”) to Second Amended and Restated Operating Agreement (the “Existing Agreement”), of DP FEE HOLDING CO., LLC (formerly known as Denihan Mezz IV Holding Company, LLC), a Delaware limited liability company (the “Company”) entered into and adopted on the 27th day of December, 2012, by DENIHAN OWNERSHIP COMPANY, LLC, a New York limited liability company (the “Denihan Member”), and CARDINALS OWNER LLC, a Delaware limited liability company (the “PB Member”), and is agreed to and adopted by each other Person who becomes a Member in the Company pursuant to the terms of the Existing Agreement.

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