0001474098-14-000017 Sample Contracts

PEBBLEBROOK HOTEL TRUSTCommon Shares of Beneficial Interest ($0.01 Par Value Per Share)EQUITY DISTRIBUTION AGREEMENTDated: March 5, 2014
Equity Distribution Agreement • March 7th, 2014 • Pebblebrook Hotel Trust • Real estate investment trusts • New York

Pebblebrook Hotel Trust, a Maryland real estate investment trust (the “Company”), and Pebblebrook Hotel, L.P., a Delaware limited partnership (the “Operating Partnership”), of which the Company is the sole general partner, each confirms its agreement (this “Agreement”) with Raymond James & Associates, Inc. (“Raymond James”), as follows:

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Equity Distribution Agreement • March 7th, 2014 • Pebblebrook Hotel Trust • Real estate investment trusts • New York

PEBBLEBROOK HOTEL TRUSTCommon Shares of Beneficial Interest ($0.01 Par Value Per Share)EQUITY DISTRIBUTION AGREEMENTDated: March 5, 2014

PEBBLEBROOK HOTEL TRUSTCommon Shares of Beneficial Interest ($0.01 Par Value Per Share)EQUITY DISTRIBUTION AGREEMENTDated: March 5, 2014
Equity Distribution Agreement • March 7th, 2014 • Pebblebrook Hotel Trust • Real estate investment trusts • New York

Pebblebrook Hotel Trust, a Maryland real estate investment trust (the “Company”), and Pebblebrook Hotel, L.P., a Delaware limited partnership (the “Operating Partnership”), of which the Company is the sole general partner, each confirms its agreement (this “Agreement”) with Merrill Lynch, Pierce, Fenner & Smith Incorporated (“Merrill Lynch”), as follows:

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