0001474098-12-000011 Sample Contracts

PEBBLEBROOK HOTEL TRUST Share Award Agreement (time-based vesting) – Form of, for Executive Officers
Share Award Agreement • April 26th, 2012 • Pebblebrook Hotel Trust • Real estate investment trusts • Maryland

THIS SHARE AWARD AGREEMENT (the “Agreement”), dated as of the __ day of _________, 20__, governs the Share Award granted by PEBBLEBROOK HOTEL TRUST, a Maryland real estate investment trust (the “Company”), to _________________________ (the “Participant”), in accordance with and subject to the provisions of the Company’s 2009 Equity Incentive Plan (the “Plan”). A copy of the Plan has been made available to the Participant. All terms used in this Agreement that are defined in the Plan have the same meaning given them in the Plan.

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LONG TERM INCENTIVE PLAN UNIT VESTING AGREEMENT (as amended and restated on April 25, 2012) Under the Pebblebrook Hotel Trust (Officers and Employees)
Long Term Incentive Plan • April 26th, 2012 • Pebblebrook Hotel Trust • Real estate investment trusts • Delaware

Pursuant to the Pebblebrook Hotel Trust 2009 Equity Incentive Plan (the “Plan”) as amended through the date hereof and the Agreement of Limited Partnership, dated December 3, 2009 (the “Partnership Agreement”), of Pebblebrook Hotel, L.P., a Delaware limited partnership (the “Partnership”), Pebblebrook Hotel Trust, a Maryland real estate investment trust and the general partner of the Partnership (the “Company”), and for the provision of services to or for the benefit of the Partnership in a partner capacity or in anticipation of being a partner, hereby grants to the Grantee named above an Other Equity-Based Award (as defined in the Plan) (an “Award”) in the form of, and by causing the Partnership to issue to the Grantee named above, a number of LTIP Units (as defined in the Partnership Agreement) specified above having the rights, voting powers, restrictions, limitations as to distributions, qualifications and terms and conditions of redemption and conversion set forth herein and in th

PEBBLEBROOK HOTEL TRUST Share Award Agreement (Performance Vesting), Form of – for executive officers
Award Agreement • April 26th, 2012 • Pebblebrook Hotel Trust • Real estate investment trusts • Maryland

THIS SHARE AWARD AGREEMENT (this “Agreement”), dated as of the __ day of _________, 2012, governs the Share Award granted by PEBBLEBROOK HOTEL TRUST, a Maryland real estate investment trust (the “Company”), to _________________________ (the “Participant”), in accordance with and subject to the provisions of the Company’s 2009 Equity Incentive Plan (the “Plan”). A copy of the Plan has been made available to the Participant. All terms used in this Agreement that are defined in the Plan have the same meaning given them in the Plan.

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