0001193125-06-016448 Sample Contracts

SUNSTONE HOTEL INVESTORS, INC. (a Maryland corporation) 5,500,000 Shares of Common Stock PURCHASE AGREEMENT
Purchase Agreement • February 1st, 2006 • Sunstone Hotel Investors, Inc. • Hotels & motels • New York

clause (b) or (c), (i) each donee or distributee shall sign and deliver a lock-up letter substantially in the form of this letter and (ii) the undersigned shall not be required to, and shall not voluntarily, file a report under Section 16(a) of the Securities Exchange Act of 1934, as amended, reporting a reduction in beneficial ownership of shares of Common Stock during the restricted period referred to in the foregoing sentence.

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