GAMING AND LEISURE PROPERTIES, INC. GLP CAPITAL, L.P. PERFORMANCE LTIP UNIT AWARD AGREEMENT – MSCI INDEX FOR AWARDS ISSUED IN 2025Performance Ltip Unit Award Agreement • February 20th, 2025 • Gaming & Leisure Properties, Inc. • Real estate investment trusts
or her or her LTIP Units, Common Units or Shares in compliance with the Securities Act, and applicable state securities laws, and subject, nevertheless, to the disposition of his or her assets being at all times within his or her control.
Standard Contracts
Performance LTIP Unit Award AgreementPerformance Ltip Unit Award Agreement • March 16th, 2017 • Ashford Hospitality Trust Inc • Real estate investment trusts • Maryland
This Performance LTIP Unit Award Agreement (this “Award Agreement”) is made and entered into as of _____________, 20__ by and between Ashford Hospitality Trust, Inc., a Maryland corporation (the “Company”), Ashford Hospitality Limited Partnership, a Delaware limited partnership (the “Partnership”) and _____________ (the “Participant”). All capitalized terms in this Award Agreement shall have the meanings assigned to them herein. Capitalized terms not defined herein shall have the meanings assigned to them in the Company’s 2011 Stock Incentive Plan, as the same may be amended from time to time (the “Plan”), unless otherwise indicated herein. This Award Agreement is subject to the terms and conditions of the Plan and the Amended and Restated Agreement of Limited Partnership of Ashford Hospitality Limited Partnership, as the same may be amended from time to time (the “Operating Agreement”).
Performance LTIP Unit Award AgreementPerformance Ltip Unit Award Agreement • March 13th, 2020 • Braemar Hotels & Resorts Inc. • Real estate investment trusts • Delaware
This Performance LTIP Unit Award Agreement (this “Award Agreement”) is made and entered into as of March [__], 2020 by and between Braemar Hotels & Resorts Inc., a Maryland corporation (the “Company”), Braemar Hospitality Limited Partnership, a Delaware limited partnership (the “Partnership”) and [_______________] (the “Participant”). All capitalized terms in this Award Agreement shall have the meanings assigned to them herein, or, if not so defined, as assigned to them in the Company’s Second Amended and Restated 2013 Equity Incentive Plan, as the same may be amended from time to time (the “Plan”), or the Third Amended and Restated Agreement of Limited Partnership of the Partnership, as the same may be amended from time to time (the “Operating Agreement”), as applicable.
PERFORMANCE LTIP UNIT AWARD AGREEMENTPerformance Ltip Unit Award Agreement • March 4th, 2022 • Phillips Edison & Company, Inc. • Real estate investment trusts • Maryland
registered under the Securities Act or state securities laws by reason of a specific exemption or exemptions from registration under the Securities Act and applicable state securities laws and, if such LTIP Units or OP Units are represented by certificates, such certificates will bear a legend to such effect, (B) the reliance by the Partnership and the Company on such exemptions is predicated in part on the accuracy and completeness of the representations and warranties of the Grantee contained herein, (C) such LTIP Units, or OP Units, therefore, cannot be resold unless registered under the Securities Act and applicable state securities laws, or unless an exemption from registration is available, (D) there is no public market for such LTIP Units and OP Units and (E) neither the Partnership nor the Company has any obligation or intention to register such LTIP Units or the OP Units issuable upon conversion of the LTIP Units under the Securities Act or any state securities laws or to take
Performance LTIP Unit Award AgreementPerformance Ltip Unit Award Agreement • March 10th, 2023 • Ashford Hospitality Trust Inc • Real estate investment trusts • Delaware
This Performance LTIP Unit Award Agreement (this “Award Agreement”) is made and entered into as of [ ], 2023 by and between Ashford Hospitality Trust, Inc., a Maryland corporation (the “Company”), Ashford Hospitality Limited Partnership, a Delaware limited partnership (the “Partnership”) and [_______________] (the “Participant”). All capitalized terms in this Award Agreement shall have the meanings assigned to them herein, or, if not so defined, as assigned to them in the Company’s 2021 Stock Incentive Plan, as the same may be amended from time to time (the “Plan”), or the Third Amended and Restated Agreement of Limited Partnership of the Partnership, as the same may be amended from time to time (the “Operating Agreement”), as applicable.
Performance LTIP Unit Award AgreementPerformance Ltip Unit Award Agreement • April 6th, 2016 • Ashford Hospitality Trust Inc • Real estate investment trusts • Maryland
This Performance LTIP Unit Award Agreement (this “Award Agreement”) is made and entered into as of , 20 by and between Ashford Hospitality Trust, Inc., a Maryland corporation (the “Company”), Ashford Hospitality Limited Partnership, a Delaware limited partnership, and (the “Participant”). All capitalized terms in this Award Agreement shall have the meanings assigned to them herein. Capitalized terms not defined herein shall have the meanings assigned to them in the Company’s 2011 Stock Incentive Plan, as the same may be amended from time to time (the “Plan”), unless otherwise indicated herein. This Award Agreement is subject to the terms and conditions of the Plan and the Amended and Restated Agreement of Limited Partnership of Ashford Hospitality Limited Partnership, as the same may be amended from time to time (the “Operating Agreement”).
Form of Performance LTIP Unit Award AgreementPerformance Ltip Unit Award Agreement • May 7th, 2021 • Braemar Hotels & Resorts Inc. • Real estate investment trusts • Delaware
This Performance LTIP Unit Award Agreement (this “Award Agreement”) is made and entered into as of March [__], 2021 by and between Braemar Hotels & Resorts Inc., a Maryland corporation (the “Company”), Braemar Hospitality Limited Partnership, a Delaware limited partnership (the “Partnership”) and [_______________] (the “Participant”). All capitalized terms in this Award Agreement shall have the meanings assigned to them herein, or, if not so defined, as assigned to them in the Company’s Second Amended and Restated 2013 Equity Incentive Plan, as the same may be amended from time to time (the “Plan”), or the Third Amended and Restated Agreement of Limited Partnership of the Partnership, as the same may be amended from time to time (the “Operating Agreement”), as applicable.
PHILLIPS EDISON & COMPANY, INC.Performance Ltip Unit Award Agreement • March 13th, 2019 • Phillips Edison & Company, Inc. • Real estate investment trusts • Maryland
This 2019 Performance LTIP Unit Award Agreement is made as of the date set forth above between Phillips Edison & Company, Inc., a Maryland corporation (the “Company”), its subsidiary Phillips Edison Grocery Center Operating Partnership I, L.P., a Delaware limited partnership and the entity through which the Company conducts substantially all of its operations (the “Partnership”), and the Grantee set forth above.
ContractPerformance Ltip Unit Award Agreement • February 21st, 2025 • Tanger Properties LTD Partnership /Nc/ • Real estate investment trusts • North Carolina
PARAMOUNT GROUP, INC. PERFORMANCE LTIP UNIT AWARD AGREEMENTPerformance Ltip Unit Award Agreement • April 1st, 2015 • Paramount Group, Inc. • Real estate investment trusts
PEFORMANCE LTIP UNIT AWARD AGREEMENTPerformance Ltip Unit Award Agreement • March 13th, 2019 • Phillips Edison & Company, Inc. • Real estate investment trusts • Maryland
Pursuant to the Phillips Edison Grocery Center REIT I, Inc. Amended and Restated 2010 Long-Term Incentive Plan as amended through the date hereof (the “Plan”), and the Fourth Amended and Restated Limited Partnership Agreement, as amended (the “LP Agreement”), of Phillips Edison Grocery Center Operating Partnership I, L.P. (the “Partnership”), Phillips Edison & Company, Inc. f/k/a Phillips Edison Grocery Center REIT I, Inc. (the “Company”), through its wholly owned subsidiary, Phillips Edison Grocery Center OP GP I LLC, as general partner of the Partnership, hereby grants an award (this “Award”) of the maximum number of Class C Units (as defined in the LP Agreement, hereinafter, “LTIP Units”) set forth on Exhibit A hereto (the “Maximum Award”) to the Grantee set forth on Exhibit A having the rights, voting powers, restrictions, limitations as to distributions, qualifications and terms and conditions of redemption and conversion set forth herein and in the LP Agreement.
ContractPerformance Ltip Unit Award Agreement • February 21st, 2025 • Armada Hoffler Properties, Inc. • Real estate • Maryland
Form of Performance LTIP Unit Award AgreementPerformance Ltip Unit Award Agreement • May 10th, 2021 • Ashford Hospitality Trust Inc • Real estate investment trusts • Delaware
This Performance LTIP Unit Award Agreement (the “Award Agreement”) is made and entered into as of March [__], 2021 by and between Ashford Hospitality Trust, Inc., a Maryland corporation (the “Company”), Ashford Hospitality Limited Partnership, a Delaware limited partnership (the “Partnership”) and [_________________] (the “Participant”). All capitalized terms in this Award Agreement shall have the meanings assigned to them herein, or, if not so defined, as assigned to them in the Company’s 2021 Stock Incentive Plan and as the same may be amended from time to time (the “Plan”), or the Seventh Amended and Restated Agreement of Limited Partnership of the Partnership, as the same may be amended from time to time (the “Operating Agreement”), as applicable.