What is included in Exhibit L for The Standardx franchise?

EXHIBIT L

CENTRAL HOTEL SERVICES BY HYATT

MASTER AGREEMENT

CENTRAL HOTEL SERVICES BY HYATT MASTER AGREEMENT

This version is only for use with franchised locations in the U.S., Canada & the islands of the Caribbean

THIS CENTRAL HOTEL SERVICES BY HYATT MASTER AGREEMENT ("Agreement") is made as of the date of full execution ("Agreement Effective Date"), by and between [Insert Owner's Contracting Entity] ("Owner") and Hyatt Corporation located at 150 North Riverside Plaza, Chicago, Illinois 60606 ("Hyatt").

WITNESSETH:

WHEREAS, Owner owns a property known as [Insert Hotel Name] located at [Insert Owner Address] ("Property"), and the Property is operated pursuant to a franchise agreement with Hyatt or its affiliate (as it may be amended, "Franchise Agreement");

WHEREAS, Owner has requested that Hyatt provide certain Services, as defined below, to Owner in connection with the Property, pursuant to one or more of the following programs offered by Hyatt to Hyatt branded and affiliated hotels: the Field Marketing Program, the Central Sales Services Program, the Revenue Management Services Program, the Global Property Guest Services Program, the Digital Ancillary Services Program, or any similar program offered by Hyatt in the future (each individually, a "Program" and collectively, the "Programs"); and

WHEREAS, Hyatt has agreed to provide such Services according to the terms and under the conditions set forth herein and any Schedules attached hereto.

NOW, THEREFORE, the parties hereby mutually agree as follows:

1. Amended and Restated; Term / Termination. 1

Source: Item 22 — Contracts (FDD page 85)