APPLE HOSPITALITY REIT, INC. Grant and Performance Award AgreementGrant and Performance Award Agreement • November 4th, 2024 • Apple Hospitality REIT, Inc. • Real estate investment trusts • Virginia
Pursuant to the Apple Hospitality REIT, Inc. 2024 Omnibus Incentive Plan (the “Plan”), ______________________________ (“Participant”) has been granted the opportunity to earn the Performance-Based Award described on Annex 1 attached hereto (the “Award”) for Participant’s Service to the Company for the period from January 1, 20__ through December 31, 20__ (the “Performance Period”) and subject to the terms and conditions set forth in this Grant and Performance Award Agreement (this “Agreement”) between Apple Hospitality REIT, Inc., a Virginia corporation (the “Company”), and Participant dated as of ________________ ____, 20___. Capitalized terms not otherwise defined in this Agreement are defined in the Plan. Subject to the terms of this Agreement, the Award shall be earned as set forth in Section 14.3 of the Plan and as determined by the Compensation Committee of the Company’s Board of Directors (the “Committee”) in accordance with the Award and the Plan.
