0001604738-24-000068 Sample Contracts

AMENDMENT NO. 1 TO THE THIRD AMENDED AND RESTATED ADVISORY AGREEMENT
Advisory Agreement • August 13th, 2024 • Ashford Inc. • Services-management consulting services

This AMENDMENT NO. 1 TO THE THIRD AMENDED AND RESTATED ADVISORY AGREEMENT (this “Amendment”) is entered into as of August 8, 2024, by and among ASHFORD HOSPITALITY TRUST, INC. (the “Company”), ASHFORD HOSPITALITY LIMITED PARTNERSHIP (the “Operating Partnership”), ASHFORD TRS CORPORATION (“TRS”), ASHFORD INC. (“AINC”), and ASHFORD HOSPITALITY ADVISORS LLC (“Ashford LLC” and, together with AINC, the “Advisor”).

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LIMITED WAIVER UNDER ADVISORY AGREEMENT
Limited Waiver Under Advisory Agreement • August 13th, 2024 • Ashford Inc. • Services-management consulting services

This LIMITED WAIVER UNDER ADVISORY AGREEMENT (this “Waiver Agreement”) is entered into as of August 8, 2024, by and among BRAEMAR HOTELS & RESORTS INC. (the “Company”), BRAEMAR HOSPITALITY LIMITED PARTNERSHIP (the “Operating Partnership”), BRAEMAR TRS CORPORATION (“TRS”), ASHFORD INC. (“AINC”), and ASHFORD HOSPITALITY ADVISORS LLC (“Ashford LLC” and, together with AINC, the “Advisor”).

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