La Quinta Corporation 2005 Incentive Compensation Plan Restricted Paired Shares Award Agreement— Nonemployee Director You have been selected to receive a grant of shares of restricted stock pursuant to the La Quinta Corporation 2005 Incentive...Restricted Paired Shares Award Agreement • May 20th, 2005 • La Quinta Properties Inc • Hotels & motels • Delaware
THIS AGREEMENT, effective as of the Date of Grant set forth above, represents the grant of a number of shares of common stock of the Company, par value $0.01 per share, and an equal number of shares of Class B common stock of La Quinta Properties, Inc., par value $0.01 per share, which are paired and traded as one unit, as is indicated above (“Paired Shares”) by La Quinta Corporation, a Delaware corporation (the “Company”), to the Participant named above, pursuant to the provisions of the Plan.
