EXHIBIT 10.6

FIRST AMENDMENT TO AMENDED AND RESTATED MANAGEMENT
AGREEMENT

THIS FIRST AMENDMENT TO AMENDED AND RESTATED MANAGEMENT AGREEMENT (this
“Amendment”) is made and entered into as of December 21, 2006 by and between:
(i) IHG MANAGEMENT (MARYLAND) LLC, a Maryland limited liability company (“IHG
Maryland”), and INTERCONTINENTAL HOTELS GROUP (CANADA), INC., a corporation
under the laws of Ontario, Canada (“IHG Canada”, and together with IHG Maryland,
collectively, “Manager”), and (ii) HPT TRS IHG-2, INC., a Maryland corporation
(“Owner”).

WHEREAS, Manager and Owner entered into that certain Amended and Restated
Management Agreement, dated as of January 6, 2006 (the “Management Agreement”);
and

WHEREAS, Manager and owner wish to amend the Management Agreement to modify the
definition of Base Priority Amount;

NOW, THEREFORE, in consideration of the mutual promises and covenants herein
contained and other good and valuable consideration, the receipt and sufficiency
of which are herein acknowledged, Owner and Manager, intending to be legally
bound, hereby agree as follows:

1.             Capitalized terms used in this Amendment and not otherwise
defined herein shall have the meaning ascribed thereto in the Management
Agreement.

2.             Section 1.30 of the Management Agreement is deleted in its
entirety and replaced with the. following:

1.30 “Base Priority Amount” shall initially mean the following annual amounts
with respect to the corresponding periods:

Period

 

Annual Amount

 

February 16, 2005 — May 31, 2005

 

$

26,018,731.00

 

 

 

 

 

June 1, 2005 — December 31, 2005

 

$

28,900,000.00

 

 

 

 

 

January 1, 2006 — January 5, 2006

 

$

30,706,250.00

 

 

 

 

 

January 6, 2006 — December 31, 2006

 

$

35,506,250.00

 

 

 

 

 

Thereafter

 

$

35,806,250.00

 

 

Provided that Purchaser performs its obligations under Section 3.2(b) of the
Purchase Agreement, the Base Priority Amount shall be increased by $850,000 per
annum on January 1, 2006 and by $1,275,000 per annum on January 1, 2008.
Provided that Owner performs its obligations under Section 5.2(h1 of this
Agreement, the Base Priority Amount shall be increased by $85,000 per annum on
January 1, 2007 and by $110,500 per annum on January 1, 2008.

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3.             Exhibit C of the Management Agreement is deleted in its entirety
and replaced with Exhibit C attached hereto and incorporated herein.

4.             All references in the Management Agreement to the Management
Agreement shall be deemed to be references thereto as amended hereby.

5.             As modified hereby, the Management Agreement is in full force and
effect and is hereby ratified and confirmed.

6.             This Amendment may be executed in one or more counterparts, all
of which counterparts shall constitute but one and the same document.

IN WITNESS WHEREOF, the parties hereto have duly executed and delivered this
Amendment effective as of the day and year first above written.

MANAGER:

 

 

 

IHG MANAGEMENT (MARYLAND) LLC

 

 

 

 

 

By:

/s/ Robert J. Chitty

 

Name: Robert J. Chitty

 

 

Title:   Vice President

 

 

 

 

 

INTERCONTINENTAL HOTELS
GROUP (CANADA), INC.

 

 

 

 

 

By:

 /s/ Robert J. Chitty

 

 

Name: Robert J. Chitty

 

 

Title:   Vice President

 

 

 

 

 

OWNER:

 

 

 

HPT TRS IHG-2, INC.

 

 

 

 

 

By:

 /s/ John G. Murray

 

 

Name: John G. Murray

 

 

Title:   Vice President

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EXHIBIT C

Allocation of Owner’s Fixed Priority

[The exhibit to this amendment has been omitted and will be supplementally
furnished by the Securities and Exchange Commission upon request]

 

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