RED LION HOTELS CORPORATION RESTRICTED STOCK UNIT AGREEMENT NOTICE OF GRANTRestricted Stock Unit Agreement • November 22nd, 2006 • Red Lion Hotels CORP • Hotels & motels • Washington
Red Lion Hotels Corporation (“Red Lion”) is pleased to inform you that you, [ ], have been granted the number of Restricted Stock Units (“ Restri cted Stock Units”) indicated below under Red Lion’s 2006 Stock Incentive Plan (the “Plan”) and the terms of this Restricted Stock Unit Agreement (including the Notice of Grant and Appendix A, all of which are the “Agreement”). Subject to the provisions of the Agreement and the Plan, the principal features of this grant are as follows:
