SUMMIT HOTEL PROPERTIES, INC. Stock Award Agreement (Performance-Based Shares)Stock Award Agreement • May 3rd, 2016 • Summit Hotel Properties, Inc. • Real estate investment trusts • Texas
This Stock Award Agreement (this “Agreement”), dated as of the ___ day of ______, 2016, between SUMMIT HOTEL PROPERTIES, INC., a Maryland corporation (the “Company”), and ________ (the “Participant”), is made pursuant to the terms of the Summit Hotel Properties, Inc. 2011 Equity Incentive Plan, as amended and restated effective June 15, 2015 (the “Plan”).
SUMMIT HOTEL PROPERTIES, INC. Stock Award Agreement (Service-Based Shares)Stock Award Agreement • May 3rd, 2016 • Summit Hotel Properties, Inc. • Real estate investment trusts • Texas
This Stock Award Agreement (this “Agreement”), dated the __ day of ____, 2016, between SUMMIT HOTEL PROPERTIES, INC., a Maryland corporation (the “Company”), and ___________ (the “Participant”), is made pursuant to the terms of the Summit Hotel Properties, Inc. 2011 Equity Incentive Plan as amended and restated effective June 15, 2015 (the “Plan”). All terms that are defined in the Plan and used herein shall have the same meaning given them in the Plan and the terms “Termination Without Cause,” “Voluntary Termination for Good Reason” and “Disability” shall have the meaning given them in the Employment Agreement between the Company and the Participant effective as of ___________, 20__.
SUMMIT HOTEL PROPERTIES, INC. Incentive Award AgreementIncentive Award Agreement • May 3rd, 2016 • Summit Hotel Properties, Inc. • Real estate investment trusts • Texas
This Incentive Award Agreement (the “Agreement”), dated the ____ day of ___________, 2016, between SUMMIT HOTEL PROPERTIES, INC., a Maryland corporation (the “Company”), and __________________ (the “Participant”), is made pursuant to the terms of the Summit Hotel Properties, Inc. 2011 Equity Incentive Plan as amended and restated effective June 15, 2015 (the “Plan”). All terms that are defined in the Plan shall have the same meaning given them in the Plan and the terms “Termination Without Cause,” “Voluntary Termination for Good Reason,” and “Disability” shall have the same meaning given them in the Employment Agreement between the Company and the Participant effective as of ______________, 20___.
