Braemar Hotels & Resorts Inc. – Material Contracts Watch

from 10-Q 99 pages Agreement of Purchase and Sale by and Among

from 8-K 4 pages Amendment No. 3 to the Fifth Amended and Restated Advisory Agreement

from 10-Q 97 pages Material contract

from 8-K 5 pages Deferred Cash Award Agreement

from 8-K 5 pages Deferred Cash Award Agreement

from 8-K 3 pages Limited Waiver Under Advisory Agreement

from 8-K 4 pages Amendment to Letter Agreement

from 10-Q 15 pages Indemnification Agreement

from 10-Q 94 pages 46482347v.15 |US-Docs\163655107.9||

from 8-K 9 pages Letter Agreement

from 8-K 23 pages This Letter (This “Agreement”) Constitutes the Agreement Among (A) Braemar Hotels & Resorts Inc., a Maryland Corporation (The “Company”), Ashford Hospitality Trust, Inc., a Maryland Corporation (“Aht”), Ashford Inc., a Nevada Corporation and the Advisor to the Company and Aht (“Ainc”, and Collectively With the Company and Aht, the “Company Group”) and (B) Babak “Bob” Ghassemieh (“Ghassemieh”) and Each of the Other Persons Set Forth on the Signature Pages to This Agreement (Collectively With Ghassemieh and Excluding the Company Group, the “Ghassemieh Signatories”). the Company Group and the Ghassemieh Signatories Are Each Herein Referred to as a “Party” and Collectively, the “Parties.” the Ghassemieh Signatories and Each Affiliate and Associate (Each as Defined Below) of Each Ghassemieh Signatory Are Collectively Referred to as the “Ghassemieh Group”

from 10-Q 87 pages Material contract

from 10-K 4 pages Limited Waiver Under Advisory Agreement

from 10-K 5 pages Deferred Cash Award Agreement

from 10-Q 5 pages Limited Waiver Under Advisory Agreement

from 10-Q 94 pages Material contract

from 8-K 11 pages Share Ownership Agreement

from 8-K 23 pages Cooperation Agreement

from 10-K 4 pages Limited Waiver Under Advisory Agreement

from 10-K 4 pages Amendment No. 2 to the Master Project Management Agreement