FORM OF RESTRICTED PAIRED SHARE AWARD AGREEMENT UNDER THE LA QUINTA CORPORATIONPaired Share Award Agreement • March 18th, 2002 • La Quinta Properties Inc • Hotels & motels
Pursuant to the La Quinta Corporation 2002 Stock Option and Incentive Plan (the “Plan”) as amended through the date hereof, La Quinta Corporation (the “Company”) hereby grants a Restricted Paired Share Award (an “Award”) to the Grantee named above. Upon acceptance of this Award, the Grantee shall receive the number of shares of common stock of the Company, par value $0.01 per share, and shares of Class B common stock of La Quinta Properties, Inc., par value $0.01 per share, which are paired and traded as one unit (“Paired Shares”) specified above, subject to the restrictions and conditions set forth herein and in the Plan (the “Restricted Paired Shares”).
