LTIP CLASS B UNIT VESTING AGREEMENT Under the Pebblebrook Hotel Trust (Officers and Employees)Vesting Agreement • December 17th, 2013 • Pebblebrook Hotel Trust • Real estate investment trusts • Maryland
Pursuant to the Pebblebrook Hotel Trust 2009 Equity Incentive Plan, as amended and restated (the “Plan”) and the Second Amended and Restated Agreement of Limited Partnership, dated December 13, 2013 (the “Partnership Agreement”), of Pebblebrook Hotel, L.P., a Delaware limited partnership (the “Partnership”), Pebblebrook Hotel Trust, a Maryland real estate investment trust and the general partner of the Partnership (the “Company”), and for the provision of services to or for the benefit of the Partnership in a partner capacity or in anticipation of being a partner, hereby grants to the Grantee named above an Other Equity-Based Award (as defined in the Plan) (an “Award”) in the form of, and by causing the Partnership to issue to the Grantee named above, a number of LTIP Class B Units (as defined in the Partnership Agreement) specified above having the rights, voting powers, restrictions, limitations as to distributions, qualifications and terms and conditions of redemption and conversion
SECOND AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP OFPebblebrook Hotel Trust • December 17th, 2013 • Real estate investment trusts • Delaware
WHEREAS, Pebblebrook Hotel, L.P. (the “Partnership”) was formed as a limited partnership under the laws of the State of Delaware, pursuant to a Certificate of Limited Partnership filed with the Secretary of State of the State of Delaware effective as of December 3, 2009 and the Agreement of Limited Partnership, entered into on December 3, 2009 (the “Original Agreement”), by and between Pebblebrook Hotel Trust, a Maryland real estate investment trust (together with its successors and assigns, the “General Partner”), and Jon E. Bortz, as the original Limited Partner.
Performance Unit Retention Award Agreement for Executive OfficersUnit Retention Award Agreement • December 17th, 2013 • Pebblebrook Hotel Trust • Real estate investment trusts • Maryland
THIS PERFORMANCE UNIT AWARD AGREEMENT (this “Agreement”), dated as of the 13th day of December 2013, governs the Performance Unit Retention Award granted by PEBBLEBROOK HOTEL TRUST, a Maryland real estate investment trust (the “Company”), to [______________] (the “Participant”), in accordance with and subject to the provisions of the Company’s 2009 Equity Incentive Plan, as amended and restated (the “Plan”). A copy of the Plan has been made available to the Participant. All terms used in this Agreement that are defined in the Plan have the same meaning given them in the Plan.
