This Franchise Application ("Application") is submitted to Franchisor by the undersigned applicant, and its officers, directors, and shareholders as applicable ("Applicant") to induce Franchisor to grant a franchise to Applicant or an entity owned and controlled by Applicant (in either case, "Franchisee" or "Franchisee Entity"), on the terms and conditions set forth in Franchisor's standard Franchise Agreement, for a proposed Hotel under the Hyatt-affiliated brand and at the address or location listed below (the "Hotel").

HOTEL SITE

Please send the application fee via wire transfer according to the wiring instructions below. If you are unable to pay the application fee via wire transfer, please send a check to the business address listed below and include the property/project name in the memo field.

Wire Transfer Information: Check Payment Information: Account Number: 87652-61131 Hyatt Corporation Swift Code: BOFAUS3N 16417 Collections Center Drive Bank Address: New York, New York Chicago, Illinois 60693 Account Name: Hyatt Corporation Bank Routing Number: 026009593 Bank Name: Bank of America You must indicate property/project name in memo field regardless of whether payment is by wire transfer or check. Included with this Application is the application fee in the amount specified in the FDD or letter of intent. Applicant hereby expressly acknowledges that acceptance and deposit of the application fee by Franchisor does not, in any respect, bind or obligate Franchisor to enter into a Franchise Agreement granting Applicant a franchise. This Application is neither an offer of a franchise by Franchisor nor a contract for the acquisition of a franchise or any other rights to operate a Hyatt-affiliated Hotel. Applicant further acknowledges that the research, investigation, review and approval process and similar administrative functions of Franchisor constitute the sole and only consideration for the application fee submitted herewith. If Applicant withdraws this Application before Franchisor approves it, or if Franchisor does not approve this Application for any reason, Franchisor will refund Applicant's application fee less a $5,000 fee to cover Franchisor's costs associated with evaluating this Application; however, after Franchisor approves this Application, Applicant's application fee is not refundable, even if Franchisor and Applicant do not sign a Franchise Agreement.

Hyatt

To: Hyatt Franchising, L.L.C., Hyatt Place Franchising, L.L.C.,

Hyatt House Franchising, L.L.C. (as applicable, "Franchisor")

150 North Riverside Plaza Chicago, Illinois 60606

Source: Item 21 — Financial Statements (FDD pages 84–85)