Common use of Performance Shares Clause in Contracts

Performance Shares. The Company has granted awards to the Executive and may grant additional awards in the future of shares of the common stock of La Quinta Corporation and shares of the common stock of La Quinta Properties, Inc. which are paired for trading purposes ("Paired Shares") in accordance with the provisions of the Agreements pursuant to which such awards have been or will be granted (the "Award Agreements") and the terms of the La Quinta Corporation 1995 Share Award Plan, the La Quinta Corporation 2002 Share Award Plan and any additional or modified plans as may be adopted from time to time, as applicable, (the "Award" of the "Performance Shares" under the "Plans").

Performance Shares. The Company has granted awards to the Executive and may grant additional awards in the future of shares of the common stock of La Quinta Corporation and shares of the common stock of La Quinta Properties, Inc. which are paired for trading purposes ("Paired Shares") in accordance with the provisions of the Agreements pursuant to which such awards have been or will be granted (the "Award Agreements") and the terms of the La Quinta Corporation 1995 Share Award Plan, the La Quinta Corporation 2002 Share Award Plan and any additional or modified plans as may be adopted from time to time, as applicable, (the "Award" of the "Performance Shares" under the "Plans").

Performance Shares. The Company has granted awards to the Executive and may grant additional awards in the future of shares of the common stock of La Quinta Corporation and shares of the common stock of La Quinta Properties, Inc. which are paired for trading purposes ("“Paired Shares"”) in accordance with the provisions of the Agreements pursuant to which such awards have been or will be granted (the "“Award Agreements"”) and the terms of the La Quinta Corporation 1995 Share Award Plan, the La Quinta Corporation 2002 Share Award Plan and any additional or modified plans as may be adopted from time to time, as applicable, (the "“Award" ” of the "“Performance Shares" ” under the "“Plans"”).

Performance Shares. The Company has granted awards will make an initial grant to the Executive and may grant additional awards in the future of 50,000 shares of the common stock of La Quinta Corporation and shares of the common stock of La Quinta Properties, Inc. which are paired for trading purposes ("“Paired Shares") ”), and may grant additional awards in the future, in accordance with the provisions of the Agreements agreements pursuant to which such awards have been or will be granted (the "“Award Agreements"”) and the terms of the La Quinta Corporation 1995 Share Award Plan, the La Quinta Corporation 2002 Share Award 2005 Incentive Compensation Plan and any additional or modified plans as may be adopted from time to time, as applicable, (the "“Award" ” of the "“Performance Shares" ” under the "“Plans"”).