0000900440-07-000075 Sample Contracts

MANAGEMENT AGREEMENT
Management Agreement • May 21st, 2007 • Supertel Hospitality Inc • Real estate investment trusts • Georgia

THIS AGREEMENT, made this 16th day of May, 2007, between TRS LEASING, INC., a Virginia corporation (hereinafter referred to as “OWNER”), and HLC Hotels, Inc., a corporation organized and existing under the laws of the State of Georgia (hereinafter referred to as “AGENT”),

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UNCONDITIONAL GUARANTY OF PAYMENT AND PERFORMANCE
Unconditional Guaranty • May 21st, 2007 • Supertel Hospitality Inc • Real estate investment trusts

THIS UNCONDITIONAL GUARANTY OF PAYMENT AND PERFORMANCE (this “Guaranty”) is made as of May 16, 2007, by SUPERTEL HOSPITALITY, INC., a Virginia corporation ("Guarantor"), for the benefit of GENERAL ELECTRIC CAPITAL CORPORATION, a Delaware corporation (“Lender”).

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