0001604738-14-000017 Sample Contracts

INDEMNIFICATION AGREEMENT
Indemnification Agreement • November 18th, 2014 • Ashford Inc • Services-management consulting services • Delaware

THIS INDEMNIFICATION AGREEMENT (this “Agreement”) is entered into as of November 6, 2014, by and between Ashford Inc., a Delaware corporation (the “Company” or the “Indemnitor”) and ________ (the “Indemnitee”).

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EMPLOYMENT AGREEMENT
Employment Agreement • November 18th, 2014 • Ashford Inc • Services-management consulting services • Texas

THIS EMPLOYMENT AGREEMENT (the “Agreement”), effective as of November 12, 2014 (the “Effective Date”), is between Ashford Inc., a corporation organized under the laws of the State of Delaware and having its principal place of business at Dallas, Texas, ASHFORD HOSPITALITY ADVISORS, LLC, a Delaware limited liability company organized under the laws of the State of Delaware and having its principal place of business at Dallas, Texas (hereinafter, the “Company”) and DERIC EUBANKS, an individual residing in Dallas, Texas (the “Executive”).

ADVISORY AGREEMENT
Advisory Agreement • November 18th, 2014 • Ashford Inc • Services-management consulting services • Texas

THIS ADVISORY AGREEMENT (this “Agreement”), is dated and effective as of November 12, 2014 (the “Effective Date”), by and between ASHFORD HOSPITALITY TRUST, INC., a Maryland corporation (“Ashford Trust” or the “Company”), ASHFORD HOSPITALITY TRUST LIMITED PARTNERSHIP, a Delaware limited partnership (the “Operating Partnership”), and ASHFORD HOSPITALITY ADVISORS LLC, a Delaware limited liability company (the “Advisor”).

ASHFORD INC. MUTUAL EXCLUSIVITY AGREEMENT
Mutual Exclusivity Agreement • November 18th, 2014 • Ashford Inc • Services-management consulting services • Texas

THIS ASHFORD INC. MUTUAL EXCLUSIVITY AGREEMENT (this “Agreement”) is entered as of the 12th day of November, 2014 (the “Effective Date”) by and among ASHFORD HOSPITALITY ADVISORS LLC, a Delaware limited liability corporation (“Ashford LLC”), ASHFORD INC., a Delaware corporation (“Ashford Inc.”), and REMINGTON LODGING & HOSPITALITY, LLC, a Delaware limited liability company (“Manager”), and is consented and agreed to by MONTY J. BENNETT as a Remington Affiliate.

REGISTRATION RIGHTS AGREEMENT
Registration Rights Agreement • November 18th, 2014 • Ashford Inc • Services-management consulting services • Texas

This REGISTRATION RIGHTS AGREEMENT, dated as of November 12, 2014, is entered into by Ashford Inc., a Delaware corporation (“Ashford Inc.”) for the benefit of the holders of common units in Ashford Hospitality Advisors LLC, a Delaware limited liability company (“Ashford LLC”) whose names are set forth on Exhibit A attached hereto (the “Ashford LLC Unit Holders”).

LICENSING AGREEMENT
Licensing Agreement • November 18th, 2014 • Ashford Inc • Services-management consulting services • Texas

This LICENSING AGREEMENT (this “Agreement”) dated as of November 12, 2014 (the “Effective Date”) between Ashford Hospitality Advisors LLC, a Delaware limited liability corporation (“Ashford LLC” or “Licensor”), Ashford Hospitality Trust, Inc., a Maryland corporation (“Ashford Trust”) and Ashford Hospitality Limited Partnership (“Ashford Trust OP”) (Ashford Trust and Ashford Trust OP, collectively, referred to as “Licensees”) (each party hereto, a “Party” and collectively, referred to as the “Parties”).

ASSIGNMENT AND ASSUMPTION AGREEMENT
Assignment and Assumption Agreement • November 18th, 2014 • Ashford Inc • Services-management consulting services

This Assignment and Assumption Agreement (this “Agreement”) is executed as of November 12, 2014 (the “Effective Date”) by and between ASHFORD HOSPITALITY TRUST, INC., a Maryland corporation (“Ashford Trust”), ASHFORD HOSPITALITY LIMITED PARTNERSHIP, a Delaware limited partnership (“Ashford Trust OP”), and ASHFORD HOSPITALITY ADVISORS LLC, a Delaware limited liability company (“Ashford LLC”). This Agreement is executed pursuant to, and is expressly made subject to, the terms and conditions of that certain Separation and Distribution Agreement (the “Separation and Distribution Agreement”) dated as of October 31, 2014, by and between Ashford Trust, Ashford OP Limited Partner LLC, a Delaware limited liability company, Ashford Trust OP, Ashford Inc., a Delaware corporation, and Ashford LLC, which will effect a spin-off of Ashford Inc. from Ashford Trust (the “Spin-Off”).

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