0001574085-23-000041 Sample Contracts

Deferred Cash Award Agreement
Deferred Cash Award Agreement • March 10th, 2023 • Braemar Hotels & Resorts Inc. • Real estate investment trusts • Maryland

This Deferred Cash Award Agreement (this “Award Agreement”) is made and entered into as of [____, 2023] (the “Grant Date”) by and between Braemar Hotels & Resorts Inc., a Maryland corporation (the “Company”), and [__] (the “Participant”). All capitalized terms in this Award Agreement shall have the meanings assigned to them herein. Capitalized terms not defined herein shall have the meanings assigned to them in the Company’s Second Amended and Restated 2013 Equity Incentive Plan, as the same may be amended from time to time (the “Plan”).

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Performance LTIP Unit Award Agreement
Performance Ltip Unit Award Agreement • March 10th, 2023 • Braemar Hotels & Resorts Inc. • Real estate investment trusts • Delaware

This Performance LTIP Unit Award Agreement (this “Award Agreement”) is made and entered into as of [_________], 2023 by and between Braemar Hotels & Resorts Inc., a Maryland corporation (the “Company”), Braemar Hospitality Limited Partnership, a Delaware limited partnership (the “Partnership”) and [_______________] (the “Participant”). All capitalized terms in this Award Agreement shall have the meanings assigned to them herein, or, if not so defined, as assigned to them in the Company’s Second Amended and Restated 2013 Equity Incentive Plan, as the same may be amended from time to time (the “Plan”), or the Third Amended and Restated Agreement of Limited Partnership of the Partnership, as the same may be amended from time to time (the “Operating Agreement”), as applicable.

Performance Stock Unit Award Agreement
Award Agreement • March 10th, 2023 • Braemar Hotels & Resorts Inc. • Real estate investment trusts • Maryland

This Performance Stock Unit (“PSU”) Award Agreement (the “Award Agreement”) is made and entered into as of [ ], 2023 by and between Braemar Hotels & Resorts Inc., a Maryland corporation (the “Company”) and [NAME] (the “Participant”). All capitalized terms in this Award Agreement shall have the meanings assigned to them herein or, if not so defined, as assigned to them in the Company’s Second Amended and Restated 2013 Equity Incentive Plan, as the same may be amended from time to time (the “Plan”).

PURCHASE AND SALE AGREEMENT BY AND BETWEEN SHR FSST, LLC, a Delaware limited liability company, AND DTRS FSST, LLC, a Delaware limited liability company, COLLECTIVELY, AS SELLER AND BHR SCOTTSDALE LP, a Delaware limited partnership, AS PURCHASER DATED...
Purchase and Sale Agreement • March 10th, 2023 • Braemar Hotels & Resorts Inc. • Real estate investment trusts • New York

THIS PURCHASE AND SALE AGREEMENT (this “Agreement”) is made and entered into as of this 31st day of October, 2022 (the “Effective Date”), by and between SHR FSST, LLC, a Delaware limited liability company (“Fee Seller”), DTRS FSST, LLC, a Delaware limited liability company (“Leasehold Seller” and, together with Fee Seller, collectively, “Seller”), and BHR SCOTTSDALE LP, a Delaware limited partnership (“Purchaser”). Seller and Purchaser are sometimes referred to herein individually as a “Party”, and collectively as the “Parties”.

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