ESCROW AGREEMENT (Apple REIT Eight, Inc.)Escrow Agreement • May 30th, 2007 • Apple REIT Eight, Inc. • Real estate investment trusts • Virginia
THIS ESCROW AGREEMENT, dated as of May 29, 2007 (“Escrow Agreement”), is by and among DAVID LERNER ASSOCIATES, INC., a New York corporation (“Agent”), APPLE REIT EIGHT, INC., a Virginia corporation (“Company”), and AMERICAN STOCK TRANSFER & TRUST COMPANY, a financial institution chartered under the laws of the State of New York, as Escrow Agent hereunder (“Escrow Agent”).
ADVISORY AGREEMENT BETWEEN APPLE REIT EIGHT, INC. AND APPLE EIGHT ADVISORS, INC.Advisory Agreement • May 30th, 2007 • Apple REIT Eight, Inc. • Real estate investment trusts • Virginia
THIS ADVISORY AGREEMENT, dated as of May 24, 2007, is between APPLE REIT EIGHT, INC., a Virginia corporation (the “Company”), and APPLE EIGHT ADVISORS, INC., a Virginia corporation (the “Advisor”).
91,125,541 Units (Common Shares and Series A Preferred Shares) APPLE REIT EIGHT, INC. Agency Agreement May 24, 2007Dealer Agreement • May 30th, 2007 • Apple REIT Eight, Inc. • Real estate investment trusts • Virginia
Apple REIT Eight, Inc., a Virginia corporation (the “Company”), is a corporation that will elect to qualify as a real estate investment trust pursuant to Sections 856 through 860 of the Internal Revenue Code of 1986, as amended (the “Code”). Subject to the terms and conditions stated herein, the Company proposes to engage David Lerner Associates, Inc. as its managing dealer (the “Agent”) to solicit offers to buy and obtain purchasers for Units, as offered by the Prospectus which is part of the Form S-11 Registration Statement under the Securities Act of 1933 (File No. 333-140548) as filed with the Securities and Exchange Commission. Each Unit refers to one share of common stock, no par value, and one Series A preferred share of the Company registered pursuant to the Registration Statement referred to in the preceding sentence. This will confirm our agreement respecting your engagement as the exclusive agent to solicit offers to buy and obtain purchasers for the Units on a “best efforts
PROPERTY ACQUISITION/DISPOSITION AGREEMENTAgreement • May 30th, 2007 • Apple REIT Eight, Inc. • Real estate investment trusts • Virginia
THIS AGREEMENT is made and entered into as of May 24, 2007, by and between Apple REIT Eight, Inc., a Virginia corporation (hereinafter referred to as “Owner”), and Apple Suites Realty Group, Inc., a Virginia corporation (hereinafter referred to as “Agent”).
