DEFERRED CASH AWARD AGREEMENTDeferred Cash Award Agreement • March 17th, 2026 • Braemar Hotels & Resorts Inc. • Real estate investment trusts • Maryland
Contract Type FiledMarch 17th, 2026 Company Industry JurisdictionThis Deferred Cash Award Agreement (this “Award Agreement”) is made and entered into as of March 13, 2026 (the “Grant Date”) by and between Braemar Hotels & Resorts Inc., a Maryland corporation (the “Company”), 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 Second Amended and Restated 2013 Equity Incentive Plan, as the same may be amended from time to time (the “Plan”).
Deferred Cash Award AgreementDeferred Cash Award Agreement • March 17th, 2026 • Ashford Hospitality Trust Inc • Real estate investment trusts • Maryland
Contract Type FiledMarch 17th, 2026 Company Industry JurisdictionThis Deferred Cash Award Agreement (this “Award Agreement”) is made and entered into as of March __, 2026 (the “Grant Date”) by and between Ashford Hospitality Trust, Inc., a Maryland corporation (the “Company”), 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 2021 Stock Incentive Plan, as the same may be amended from time to time (the “Plan”).