0001574085-25-000024 Sample Contracts
DEFERRED CASH AWARD AGREEMENTDeferred Cash Award Agreement • March 12th, 2025 • Braemar Hotels & Resorts Inc. • Real estate investment trusts • Maryland
This Deferred Cash Award Agreement (this “Award Agreement”) is made and entered into as of April 1, 2025 (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”).
LIMITED WAIVER UNDER ADVISORY AGREEMENTLimited Waiver • March 12th, 2025 • Braemar Hotels & Resorts Inc. • Real estate investment trusts
This LIMITED WAIVER UNDER ADVISORY AGREEMENT (this “Waiver”) is entered into as of March 10, 2025, by and among BRAEMAR HOTELS & RESORTS INC. (the “Company”), BRAEMAR HOSPITALITY LIMITED PARTNERSHIP (the “Operating Partnership”), BRAEMAR TRS CORPORATION (“TRS”), ASHFORD INC. (“AINC”), and ASHFORD HOSPITALITY ADVISORS LLC (“Ashford LLC” and, together with AINC, the “Advisor”).