Share Ownership Agreement Sample Contracts

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EXHIBIT 3 SHARE OWNERSHIP AGREEMENT DATED AS OF JUNE 30, 2003
Share Ownership Agreement • July 8th, 2003 • Dana Corp • Motor vehicle parts & accessories • New York
SHARE OWNERSHIP AGREEMENT
Share Ownership Agreement • July 2nd, 2024 • Braemar Hotels & Resorts Inc. • Real estate investment trusts • Texas

This SHARE OWNERSHIP AGREEMENT (this “Agreement”), dated as of July 2, 2024, is made and entered into by and among Braemar Hotels & Resorts Inc., a Maryland corporation (“Braemar”), Ashford Hospitality Trust, Inc., a Maryland corporation (“AHT”), Ashford Inc., a Nevada corporation and the advisor to Braemar and AHT (“AINC”, and together with Braemar, AHT and each of AINC’s, Braemar’s and AHT’s respective Affiliates (as defined below) (including, for the avoidance of doubt, Stirling Hotels and Resorts, Inc.) and any entity advised currently or in the future by AINC, collectively, the “Company Group”), Blackwells Capital LLC, a Delaware limited liability company (“Blackwells Capital”), Blackwells Onshore I LLC, a Delaware limited liability company (“Blackwells Onshore”), Blackwells Holding Co. LLC, a Delaware limited liability company (“Blackwells Holding”), Vandewater Capital Holdings, LLC, a Delaware limited liability company (“Vandewater”), Blackwells Asset Management LLC, a Delaware

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