0000950144-08-005300 Sample Contracts

FORM OF ADVISORY AGREEMENT AMONG MOODY NATIONAL REIT I, INC., MOODY NATIONAL OPERATING PARTNERSHIP I, L.P., MOODY NATIONAL ADVISOR I, LLC AND MOODY NATIONAL REALTY COMPANY, L.P.
Advisory Agreement • July 3rd, 2008 • Moody National REIT I, Inc. • Real estate investment trusts • Maryland

THIS ADVISORY AGREEMENT, dated as of the day of , 2008, is among Moody National REIT I, Inc., a Maryland corporation (the “Company”), Moody National Operating Partnership I, L.P., a Delaware limited partnership (the “Operating Partnership”), Moody National Advisor I, LLC, a Delaware limited liability company (the “Advisor”), and, solely in connection with the obligations set forth in Section 13, Moody National Realty Company, L.P., a Texas limited partnership (“Moody National”). Capitalized terms used herein shall have the meanings ascribed to them in Section 1 below.

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