Exhibit 10.5

SECOND AMENDMENT TO CREDIT AGREEMENT

SECOND AMENDMENT TO CREDIT AGREEMENT (this “Second Amendment”), dated as of
December 9, 2011, among STARWOOD HOTELS & RESORTS WORLDWIDE, INC., a Maryland
corporation (the “Corporation”), each additional Dollar Revolving Loan Borrower
(as defined in the Credit Agreement referred to below), each additional
Alternate Currency Revolving Loan Borrower (as defined in the Credit Agreement
referred to below), various lenders from time to time party to the Credit
Agreement (the “Lenders”) and DEUTSCHE BANK AG NEW YORK BRANCH, as
Administrative Agent (in such capacity, the “Administrative Agent”). Unless
otherwise defined herein, all capitalized terms used herein shall have the
respective meanings provided such terms in the Credit Agreement referred to
below.

W I T N E S S E T H:

WHEREAS, the Corporation, the other Borrowers, the Lenders from time to time
party thereto, the Administrative Agent, JPMorgan Chase Bank, N.A., as
Syndication Agent, and Deutsche Bank Securities Inc., J.P. Morgan Securities
Inc. and Merrill Lynch, Pierce, Fenner & Smith Incorporated (as successor by
merger with Banc of America Securities LLC), as Lead Arrangers and Book Running
Managers, are parties to that certain Credit Agreement, dated as of April 20,
2010 (as amended, modified, and/or supplemented to, but not including, the date
hereof, the “Credit Agreement”); and

WHEREAS, subject to the terms and conditions of this Second Amendment, the
Corporation, the other Borrowers, the Lenders and the Administrative Agent wish
to amend Section 8.07 of the Credit Agreement as provided herein;

NOW, THEREFORE, it is agreed:

PART I. Amendments.

Section 8.07 of the Credit Agreement is hereby amended by deleting the period
(“.”) at the end of clause (ii) of said Section and inserting the following new
text in lieu thereof:

“; provided, however, that Subsidiaries of the Corporation that are included
(together with full financial results for the applicable period) in the
Corporation’s consolidated financial statements and related schedules for a
fiscal quarter and a Fiscal Year of the Corporation (as required to be delivered
pursuant to Section 8.01(a) or (b), as applicable) shall not be required to
maintain the fiscal year and fiscal quarter ends described in clause (i) and
(ii) above.”.

PART II. Miscellaneous Provisions.

A. Each Guarantor, by its signature below, hereby confirms that (i) its Guaranty
shall remain in full force and effect and (ii) its Guaranty covers its Relevant
Guaranteed Obligations, in each case after giving effect to this Second
Amendment.

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B. In order to induce the Administrative Agent and the Lenders to enter into
this Second Amendment, the Corporation represents and warrants to the Lenders
that, on the Second Amendment Effective Date (as defined below), before, as of
and after giving effect to this Second Amendment and the transactions
contemplated hereby, (i) there shall exist no Default or Event of Default and
(ii) all representations and warranties contained in the Credit Agreement and in
the other Credit Documents are true and correct in all material respects with
the same effect as though such representations and warranties had been made on
the Second Amendment Effective Date (it being understood and agreed that any
representation or warranty which by its terms is made as of a specified date
shall be true and correct in all material respects only as of such specified
date).

C. This Second Amendment is limited as specified and shall not constitute a
modification, acceptance or waiver of any other provision of the Credit
Agreement or any other Credit Document.

D. This Second Amendment may be executed in any number of counterparts and by
the different parties hereto on separate counterparts, each of which
counterparts when executed and delivered shall be an original, but all of which
shall together constitute one and the same instrument. A complete set of
counterparts shall be lodged with the Corporation and the Administrative Agent.

E. THIS SECOND AMENDMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER
SHALL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE STATE OF
NEW YORK.

F. This Second Amendment shall become effective on the date (the “Second
Amendment Effective Date”) when each of the following conditions has been
satisfied:

(i) each Borrower, each Guarantor, the Administrative Agent and Lenders
constituting the Required Lenders shall have signed a counterpart hereof
(whether the same or different counterparts) and shall have delivered (including
by way of facsimile transmission) the same to the Administrative Agent (or its
designee); and

(ii) the Corporation shall have paid (or caused to be paid) to the Agents and
the Lenders all fees, costs and expenses (including, without limitation,
reasonable legal fees and expenses) payable to the Agents and the Lenders to the
extent then due.

G. From and after the Second Amendment Effective Date, all references in the
Credit Agreement and each of the other Credit Documents to the Credit Agreement
shall be deemed to be references to the Credit Agreement as modified by this
Second Amendment on the Second Amendment Effective Date. This Second Amendment
shall constitute a Credit Document for all purposes under the Credit Agreement
and the other Credit Documents.

[Signatures appear on the following page.]

 

-2-

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IN WITNESS WHEREOF, the parties hereto have caused their duly authorized
officers to execute and deliver this Second Amendment as of the date first above
written.

 

STARWOOD HOTELS & RESORTS WORLDWIDE, INC., as Borrower and Guarantor

By:   /s/    Timothy C. Fetten         Name:   Timothy C. Fetten Title:   VICE
PRESIDENT & Treasurer

 

STARWOOD FINANCE EUROPE LIMITED, as an Alternate Currency Revolving Loan
Borrower

By:   /s/    Timothy C. Fetten         Name:   Timothy C. Fetten Title:  
ATTORNEY

 

SHERATON HOTELS (U.K.) PLC, as an Alternate Currency Revolving Loan Borrower

By:   /s/    Timothy C. Fetten         Name:   Timothy C. Fetten Title:  
ATTORNEY

 

SHERATON ON THE PARK PTY LIMITED (ABN 14 003 366 550), as an Alternate Currency
Revolving Loan Borrower

By:   /s/    Kristen W. Prohl         Name:   KRISTEN W. PROHL Title:   ATTORNEY

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OPERADORA SHERATON S de RL de CV,

    as an Alternate Currency Revolving Loan

    Borrower

By:   /s/ Jack Spitzer  

Name: JACK SPITZER

Title:   LEGAL REPRESENTATIVE

 

STARWOOD ITALIA S.R.L., as an Alternate

    Currency Revolving Loan Borrower

By:   /s/ Timothy C. Fetten  

Name: TIMOTHY C. FETTEN

Title:   ATTORNEY

 

STARWOOD JAPAN HOLDINGS PTE. LTD.,

    as an Alternate Currency Revolving Loan

    Borrower

By:   /s/ Timothy C. Fetten  

Name: TIMOTHY C. FETTEN

Title:   ATTORNEY

 

CIGAHOTELS ESPANA SL, as an Alternate

    Currency Revolving Loan Borrower

By:   /s/ Timothy C. Fetten  

Name: TIMOTHY C. FETTEN

Title:   ATTORNEY

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DEUTSCHE BANK AG NEW YORK

    BRANCH,

    Individually and as Administrative Agent

By:   /s/ George R. Reynolds   Name: GEORGE R. REYNOLDS   Title:    DIRECTOR

 

By:   /s/ James Rolison   Name: JAMES ROLISON   Title:   MANAGING DIRECTOR

Second Amendment to the Starwood Hotels & Resorts Worldwide Revolving Credit
Agreement dated April 20, 2010

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SIGNATURE PAGE TO THE SECOND AMENDMENT, DATED AS OF THE DATE FIRST WRITTEN
ABOVE, TO THAT CERTAIN CREDIT AGREEMENT, DATED AS OF APRIL 20, 2010, AMONG
STARWOOD HOTELS & RESORTS WORLDWIDE, INC., EACH ADDITIONAL DOLLAR REVOLVING LOAN
BORROWER, EACH ADDITIONAL ALTERNATE CURRENCY REVOLVING LOAN BORROWER, THE
VARIOUS LENDERS PARTY THERETO, DEUTSCHE BANK AG NEW YORK BRANCH, AS
ADMINISTRATIVE AGENT, JPMORGAN CHASE BANK, N.A., AS SYNDICATION AGENT, AND
DEUTSCHE BANK SECURITIES INC., J.P. MORGAN SECURITIES INC. AND BANC OF AMERICA
SECURITIES LLC, AS LEAD ARRANGERS AND BOOK RUNNING MANAGERS (AS AMENDED)

 

NAME OF INSTITUTION:

 

BANK OF AMERICA, N.A.

By:   /s/ Roger C. Davis   Name: Roger C. Davis   Title: Senior Vice President

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SIGNATURE PAGE TO THE SECOND AMENDMENT, DATED AS OF THE DATE FIRST WRITTEN
ABOVE, TO THAT CERTAIN CREDIT AGREEMENT, DATED AS OF APRIL 20, 2010, AMONG
STARWOOD HOTELS & RESORTS WORLDWIDE, INC., EACH ADDITIONAL DOLLAR REVOLVING LOAN
BORROWER, EACH ADDITIONAL ALTERNATE CURRENCY REVOLVING LOAN BORROWER, THE
VARIOUS LENDERS PARTY THERETO, DEUTSCHE BANK AG NEW YORK BRANCH, AS
ADMINISTRATIVE AGENT, JPMORGAN CHASE BANK, N.A., AS SYNDICATION AGENT, AND
DEUTSCHE BANK SECURITIES INC., J.P. MORGAN SECURITIES INC. AND BANC OF AMERICA
SECURITIES LLC, AS LEAD ARRANGERS AND BOOK RUNNING MANAGERS (AS AMENDED)

 

NAME OF INSTITUTION:

 

THE BANK OF NOVA SCOTIA

By:   /s/ Ajit Goswami   Name: Ajit Goswami   Title: Director

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SIGNATURE PAGE TO THE SECOND AMENDMENT, DATED AS OF THE DATE FIRST WRITTEN
ABOVE, TO THAT CERTAIN CREDIT AGREEMENT, DATED AS OF APRIL 20, 2010, AMONG
STARWOOD HOTELS & RESORTS WORLDWIDE, INC., EACH ADDITIONAL DOLLAR REVOLVING LOAN
BORROWER, EACH ADDITIONAL ALTERNATE CURRENCY REVOLVING LOAN BORROWER, THE
VARIOUS LENDERS PARTY THERETO, DEUTSCHE BANK AG NEW YORK BRANCH, AS
ADMINISTRATIVE AGENT, JPMORGAN CHASE BANK, N.A., AS SYNDICATION AGENT, AND
DEUTSCHE BANK SECURITIES INC., J.P. MORGAN SECURITIES INC. AND BANC OF AMERICA
SECURITIES LLC, AS LEAD ARRANGERS AND BOOK RUNNING MANAGERS (AS AMENDED)

 

NAME OF INSTITUTION:

 

The Bank of Tokyo-Mitsubishi UFJ, Ltd.

By:   /s/ Kenneth Egusa   Name: KENNETH EGUSA   Title: VICE PRESIDENT

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SIGNATURE PAGE TO THE SECOND AMENDMENT, DATED AS OF THE DATE FIRST WRITTEN
ABOVE, TO THAT CERTAIN CREDIT AGREEMENT, DATED AS OF APRIL 20, 2010, AMONG
STARWOOD HOTELS & RESORTS WORLDWIDE, INC., EACH ADDITIONAL DOLLAR REVOLVING LOAN
BORROWER, EACH ADDITIONAL ALTERNATE CURRENCY REVOLVING LOAN BORROWER, THE
VARIOUS LENDERS PARTY THERETO, DEUTSCHE BANK AG NEW YORK BRANCH, AS
ADMINISTRATIVE AGENT, JPMORGAN CHASE BANK, N.A., AS SYNDICATION AGENT, AND
DEUTSCHE BANK SECURITIES INC., J.P. MORGAN SECURITIES INC. AND BANC OF AMERICA
SECURITIES LLC, AS LEAD ARRANGERS AND BOOK RUNNING MANAGERS (AS AMENDED) NAME OF
INSTITUTION: BARCLAYS BANK PLC By:   /s/ Diane Rolfe  

Name:  Diane Rolfe

 

Title:  Director

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SIGNATURE PAGE TO THE SECOND AMENDMENT, DATED AS OF THE DATE FIRST WRITTEN
ABOVE, TO THAT CERTAIN CREDIT AGREEMENT, DATED AS OF APRIL 20, 2010, AMONG
STARWOOD HOTELS & RESORTS WORLDWIDE, INC., EACH ADDITIONAL DOLLAR REVOLVING LOAN
BORROWER, EACH ADDITIONAL ALTERNATE CURRENCY REVOLVING LOAN BORROWER, THE
VARIOUS LENDERS PARTY THERETO, DEUTSCHE BANK AG NEW YORK BRANCH, AS
ADMINISTRATIVE AGENT, JPMORGAN CHASE BANK, N.A., AS SYNDICATION AGENT, AND
DEUTSCHE BANK SECURITIES INC., J.P. MORGAN SECURITIES INC. AND BANC OF AMERICA
SECURITIES LLC, AS LEAD ARRANGERS AND BOOK RUNNING MANAGERS (AS AMENDED) NAME OF
INSTITUTION: CITIBANK, N.A. By:   /s/ John Rowland  

Name:  John Rowland

 

Title:    Vice President

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SIGNATURE PAGE TO THE SECOND AMENDMENT, DATED AS OF THE DATE FIRST WRITTEN
ABOVE, TO THAT CERTAIN CREDIT AGREEMENT, DATED AS OF APRIL 20, 2010, AMONG
STARWOOD HOTELS & RESORTS WORLDWIDE, INC., EACH ADDITIONAL DOLLAR REVOLVING LOAN
BORROWER, EACH ADDITIONAL ALTERNATE CURRENCY REVOLVING LOAN BORROWER, THE
VARIOUS LENDERS PARTY THERETO, DEUTSCHE BANK AG NEW YORK BRANCH, AS
ADMINISTRATIVE AGENT, JPMORGAN CHASE BANK, N.A., AS SYNDICATION AGENT, AND
DEUTSCHE BANK SECURITIES INC., J.P. MORGAN SECURITIES INC. AND BANC OF AMERICA
SECURITIES LLC, AS LEAD ARRANGERS AND BOOK RUNNING MANAGERS (AS AMENDED) NAME OF
INSTITUTION: Credit Agricole Corporate and Investment Bank By:   /s/ Steven
Jonassen  

Name:  Steven Jonassen

 

Title:    Managing Director

By:   /s/ David Bowers  

Name:   David Bowers

 

Title:    Managing Director

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  SIGNATURE PAGE TO THE SECOND AMENDMENT, DATED AS OF THE DATE FIRST WRITTEN
ABOVE, TO THAT CERTAIN CREDIT AGREEMENT, DATED AS OF APRIL 20, 2010, AMONG
STARWOOD HOTELS & RESORTS WORLDWIDE, INC., EACH ADDITIONAL DOLLAR REVOLVING LOAN
BORROWER, EACH ADDITIONAL ALTERNATE CURRENCY REVOLVING LOAN BORROWER, THE
VARIOUS LENDERS PARTY THERETO, DEUTSCHE BANK AG NEW YORK BRANCH, AS
ADMINISTRATIVE AGENT, JPMORGAN CHASE BANK, N.A., AS SYNDICATION AGENT, AND
DEUTSCHE BANK SECURITIES INC., J.P. MORGAN SECURITIES INC. AND BANC OF AMERICA
SECURITIES LLC, AS LEAD ARRANGERS AND BOOK RUNNING MANAGERS (AS AMENDED)

 

NAME OF INSTITUTION:   CREDIT SUISSE AG, Cayman Islands Branch   By:   /s/ Karl
Studer     Name: Karl Studer     Title: Director  

 

By:   /s/ Stephan Brechtbuehl     Name: Stephan Brechtbuehl     Title: Assistant
Vice President  

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SIGNATURE PAGE TO THE SECOND AMENDMENT, DATED AS OF THE DATE FIRST WRITTEN
ABOVE, TO THAT CERTAIN CREDIT AGREEMENT, DATED AS OF APRIL 20, 2010, AMONG
STARWOOD HOTELS & RESORTS WORLDWIDE, INC., EACH ADDITIONAL DOLLAR REVOLVING LOAN
BORROWER, EACH ADDITIONAL ALTERNATE CURRENCY REVOLVING LOAN BORROWER, THE
VARIOUS LENDERS PARTY THERETO, DEUTSCHE BANK AG NEW YORK BRANCH, AS
ADMINISTRATIVE AGENT, JPMORGAN CHASE BANK, N.A., AS SYNDICATION AGENT, AND
DEUTSCHE BANK SECURITIES INC., J.P. MORGAN SECURITIES INC. AND BANC OF AMERICA
SECURITIES LLC, AS LEAD ARRANGERS AND BOOK RUNNING MANAGERS (AS AMENDED) NAME OF
INSTITUTION: Goldman Sachs Bank USA By:   /s/ Ashwin Ramakrishna   Name: Ashwin
Ramakrishna   Title: Authorized Signatory

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SIGNATURE PAGE TO THE SECOND AMENDMENT, DATED AS OF THE DATE FIRST WRITTEN
ABOVE, TO THAT CERTAIN CREDIT AGREEMENT, DATED AS OF APRIL 20, 2010, AMONG
STARWOOD HOTELS & RESORTS WORLDWIDE, INC., EACH ADDITIONAL DOLLAR REVOLVING LOAN
BORROWER, EACH ADDITIONAL ALTERNATE CURRENCY REVOLVING LOAN BORROWER, THE
VARIOUS LENDERS PARTY THERETO, DEUTSCHE BANK AG NEW YORK BRANCH, AS
ADMINISTRATIVE AGENT, JPMORGAN CHASE BANK, N.A., AS SYNDICATION AGENT, AND
DEUTSCHE BANK SECURITIES INC., J.P. MORGAN SECURITIES INC. AND BANC OF AMERICA
SECURITIES LLC, AS LEAD ARRANGERS AND BOOK RUNNING MANAGERS (AS AMENDED) NAME OF
INSTITUTION: JPMORGAN CHASE BANK, N.A. By:   /s/ Marc Costantino   Name: Marc
Costantino   Title: Executive Director

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SIGNATURE PAGE TO THE SECOND AMENDMENT, DATED AS OF THE DATE FIRST WRITTEN
ABOVE, TO THAT CERTAIN CREDIT AGREEMENT, DATED AS OF APRIL 20, 2010, AMONG
STARWOOD HOTELS & RESORTS WORLDWIDE, INC., EACH ADDITIONAL DOLLAR REVOLVING LOAN
BORROWER, EACH ADDITIONAL ALTERNATE CURRENCY REVOLVING LOAN BORROWER, THE
VARIOUS LENDERS PARTY THERETO, DEUTSCHE BANK AG NEW YORK BRANCH, AS
ADMINISTRATIVE AGENT, JPMORGAN CHASE BANK, N.A., AS SYNDICATION AGENT, AND
DEUTSCHE BANK SECURITIES INC., J.P. MORGAN SECURITIES INC. AND BANC OF AMERICA
SECURITIES LLC, AS LEAD ARRANGERS AND BOOK RUNNING MANAGERS (AS AMENDED) NAME OF
INSTITUTION: Mizuho Corporate Bank, Ltd. By:   /s/ Noel Purcell  

Name:  Noel Purcell

 

Title:    Authorized Signatory

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SIGNATURE PAGE TO THE SECOND AMENDMENT, DATED AS OF THE DATE FIRST WRITTEN
ABOVE, TO THAT CERTAIN CREDIT AGREEMENT, DATED AS OF APRIL 20, 2010, AMONG
STARWOOD HOTELS & RESORTS WORLDWIDE, INC., EACH ADDITIONAL DOLLAR REVOLVING LOAN
BORROWER, EACH ADDITIONAL ALTERNATE CURRENCY REVOLVING LOAN BORROWER, THE
VARIOUS LENDERS PARTY THERETO, DEUTSCHE BANK AG NEW YORK BRANCH, AS
ADMINISTRATIVE AGENT, JPMORGAN CHASE BANK, N.A., AS SYNDICATION AGENT, AND
DEUTSCHE BANK SECURITIES INC., J.P. MORGAN SECURITIES INC. AND BANC OF AMERICA
SECURITIES LLC, AS LEAD ARRANGERS AND BOOK RUNNING MANAGERS (AS AMENDED) Morgan
Stanley Bank, N.A. By:   /s/ Nick Zangari Name:   Nick Zangari Title:  
Authorized Signatory

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SIGNATURE PAGE TO THE SECOND AMENDMENT, DATED AS OF THE DATE FIRST WRITTEN
ABOVE, TO THAT CERTAIN CREDIT AGREEMENT, DATED AS OF APRIL 20, 2010, AMONG
STARWOOD HOTELS & RESORTS WORLDWIDE, INC., EACH ADDITIONAL DOLLAR REVOLVING LOAN
BORROWER, EACH ADDITIONAL ALTERNATE CURRENCY REVOLVING LOAN BORROWER, THE
VARIOUS LENDERS PARTY THERETO, DEUTSCHE BANK AG NEW YORK BRANCH, AS
ADMINISTRATIVE AGENT, JPMORGAN CHASE BANK, N.A., AS SYNDICATION AGENT, AND
DEUTSCHE BANK SECURITIES INC., J.P. MORGAN SECURITIES INC. AND BANC OF AMERICA
SECURITIES LLC, AS LEAD ARRANGERS AND BOOK RUNNING MANAGERS (AS AMENDED) Royal
Bank of Canada:       By:   /s/ G. David Cole   Name:  G. David Cole  

Title:    Authorized Signatory

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SIGNATURE PAGE TO THE SECOND AMENDMENT, DATED AS OF THE DATE FIRST WRITTEN
ABOVE, TO THAT CERTAIN CREDIT AGREEMENT, DATED AS OF APRIL 20, 2010, AMONG
STARWOOD HOTELS & RESORTS WORLDWIDE, INC., EACH ADDITIONAL DOLLAR REVOLVING LOAN
BORROWER, EACH ADDITIONAL ALTERNATE CURRENCY REVOLVING LOAN BORROWER, THE
VARIOUS LENDERS PARTY THERETO, DEUTSCHE BANK AG NEW YORK BRANCH, AS
ADMINISTRATIVE AGENT, JPMORGAN CHASE BANK, N.A., AS SYNDICATION AGENT, AND
DEUTSCHE BANK SECURITIES INC., J.P. MORGAN SECURITIES INC. AND BANC OF AMERICA
SECURITIES LLC, AS LEAD ARRANGERS AND BOOK RUNNING MANAGERS (AS AMENDED) NAME OF
INSTITUTION: The Royal Bank of Scotland plc By:   /s/    Timothy J. McNaught  
Name: Timothy J. McNaught   Title:    Managing Director

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SIGNATURE PAGE TO THE SECOND AMENDMENT, DATED AS OF THE DATE FIRST WRITTEN
ABOVE, TO THAT CERTAIN CREDIT AGREEMENT, DATED AS OF APRIL 20, 2010, AMONG
STARWOOD HOTELS & RESORTS WORLDWIDE, INC., EACH ADDITIONAL DOLLAR REVOLVING LOAN
BORROWER, EACH ADDITIONAL ALTERNATE CURRENCY REVOLVING LOAN BORROWER, THE
VARIOUS LENDERS PARTY THERETO, DEUTSCHE BANK AG NEW YORK BRANCH, AS
ADMINISTRATIVE AGENT, JPMORGAN CHASE BANK, N.A., AS SYNDICATION AGENT, AND
DEUTSCHE BANK SECURITIES INC., J.P. MORGAN SECURITIES INC. AND BANC OF AMERICA
SECURITIES LLC, AS LEAD ARRANGERS AND BOOK RUNNING MANAGERS NAME OF INSTITUTION:
Sumitomo Mitsui Banking Corporation By:   /s/    William G. Karl   Name: William
G. Karl   Title:    Managing Director

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SIGNATURE PAGE TO THE SECOND AMENDMENT, DATED AS OF THE DATE FIRST WRITTEN
ABOVE, TO THAT CERTAIN CREDIT AGREEMENT, DATED AS OF APRIL 20, 2010, AMONG
STARWOOD HOTELS & RESORTS WORLDWIDE, INC., EACH ADDITIONAL DOLLAR REVOLVING LOAN
BORROWER, EACH ADDITIONAL ALTERNATE CURRENCY REVOLVING LOAN BORROWER, THE
VARIOUS LENDERS PARTY THERETO, DEUTSCHE BANK AG NEW YORK BRANCH, AS
ADMINISTRATIVE AGENT, JPMORGAN CHASE BANK, N.A., AS SYNDICATION AGENT, AND
DEUTSCHE BANK SECURITIES INC., J.P. MORGAN SECURITIES INC. AND BANC OF AMERICA
SECURITIES LLC, AS LEAD ARRANGERS AND BOOK RUNNING MANAGERS (AS AMENDED) NAME OF
INSTITUTION: US Bank, National Association By:   /s/    Steven L. Sawyer        
  Name: Steven L. Sawyer   Title: Vice President

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SIGNATURE PAGE TO THE SECOND AMENDMENT, DATED AS OF THE DATE FIRST WRITTEN
ABOVE, TO THAT CERTAIN CREDIT AGREEMENT, DATED AS OF APRIL 20, 2010, AMONG
STARWOOD HOTELS & RESORTS WORLDWIDE, INC., EACH ADDITIONAL DOLLAR REVOLVING LOAN
BORROWER, EACH ADDITIONAL ALTERNATE CURRENCY REVOLVING LOAN BORROWER, THE
VARIOUS LENDERS PARTY THERETO, DEUTSCHE BANK AG NEW YORK BRANCH, AS
ADMINISTRATIVE AGENT, JPMORGAN CHASE BANK, N.A., AS SYNDICATION AGENT, AND
DEUTSCHE BANK SECURITIES INC., J.P. MORGAN SECURITIES INC. AND BANC OF AMERICA
SECURITIES LLC, AS LEAD ARRANGERS AND BOOK RUNNING MANAGERS (AS AMENDED) NAME OF
INSTITUTION: WELLS FARGO BANK, NATIONAL ASSOCIATION By:   /s/ Mark F. Monahan  
Name: Mark F. Monahan   Title: Senior Vice President