AMENDED AND RESTATED MANAGEMENT AGREEMENT By and Among AMERICAN HOSPITALITY PROPERTIES REIT, INC. AHP REIT OP, LP AND PHOENIX AMERICAN HOSPITALITY, LLC AMENDED AND RESTATED Management AGREEMENTManagement Agreement • November 17th, 2020 • American Hospitality Properties REIT, Inc. • Real estate • Texas
THIS AMENDED AND RESTATED Management AGREEMENT (this “Agreement”), dated as of the 1st day of August, 2020, (the “Effective Date”), is entered into by and among American Hospitality Properties REIT, Inc., a Delaware corporation (the “Company”), AHP REIT OP, LP, a Delaware limited partnership (the “Operating Partnership” and together with the Company, collectively or individually as the context requires, the “AHP Entities”), and Phoenix American Hospitality, LLC, a Delaware limited liability company (the “Manager”). Capitalized terms used herein shall have the meanings ascribed to them in Section 1 below.
REGULATION A+ OFFERING ENGAGEMENT AGREEMENT+ Offering Engagement Agreement • November 17th, 2020 • American Hospitality Properties REIT, Inc. • Real estate • Wisconsin
The purpose of this engagement agreement (the “Agreement”) is to outline our agreement in principle pursuant to which KCD Financial, Inc. ( “KCD” or “Dealer Manager”) will act as the lead managing Dealer Manager in connection with a best efforts qualified Regulation A+ Tier 2 offering by American Hospitality Properties REIT, Inc., a Delaware corporation (the “Company”), of up to $50,000,000 of shares of common stock (the “Shares”) to the public at $10.00 per share as more fully described in the Company’s offering circular dated July 23, 2019 (the “Offering Circular” or “OC”) filed with the Securities and Exchange Commission pursuant to Rule 253(g)(2).
