Sonesta International Hotels Corporation – TERM LOAN AGREEMENT Dated: As of the 12th Day of February, 2010 Between PETER J. SONNABEND AND BOY A.J. VAN RIEL, AS TRUSTEES OF THE CHARTERHOUSE OF CAMBRIDGE TRUST, UNDER DECLARATION OF TRUST DATED DECEMBER 27, 1963 AND RECORDED IN THE MIDDLESEX (SOUTH) REGISTRY OF DEEDS IN BOOK 11160, PAGE 340, AS AMENDED BY AMENDMENT OF DECLARATION OF TRUST DATED JULY 8, 1966 AND RECORDED IN SAID REGISTRY IN BOOK 11160, PAGE 359 AND SONESTA OF MASSACHUSETTS, INCORPORATED, a MASSACHUSETTS CORPORATION ("BORROWER") and RBS CITIZENS, NATIONAL ASSOCIATION ("LENDER") THIRTY-TWO MILLION DOLLAR ($32,000,000.00) TER (February 17th, 2010)
This is an agreement ("Loan Agreement" or "Agreement") made and entered into as of the 12th day of February, 2010 between PETER J. SONNABEND AND BOY A.J. VAN RIEL, AS TRUSTEES OF THE CHARTERHOUSE OF CAMBRIDGE TRUST, under Declaration of Trust dated December 27, 1963 and recorded in the Middlesex (South) Registry of Deeds in Book 11160, Page 340, as amended by Amendment of Declaration of Trust dated July 8, 1966 and recorded in said Registry in Book 11160, Page 359 ("Trust") and SONESTA OF MASSACHUSETTS, INCORPORATED, a Massachusetts corporation ("Sonesta of Massachusetts") (the Trust and Sonesta of Massachusetts being referred to herein collectively as "Borrower") and RBS CITIZENS, NATIONAL ASSOCIATION, a national banking association having an address at 28 State Street, Boston, Massachusetts 02109 ( "Lender").
Sonesta International Hotels Corporation – Limited Guaranty (February 17th, 2010)
Sonesta International Hotels Corporation – Amendment to Restated Employment Agreement (May 17th, 2005)
Reference is made to that certain Restated Employment Agreement (the Agreement), dated as of November 21, 1995, between Sonesta International Hotels Corporation (the Company) and Paul Sonnabend (the Executive). This shall constitute an Amendment to the Agreement.