EX-10.1.2



 Exhibit 10.1.2 

AGREEMENT REGARDING MANAGEMENT AGREEMENT 

between 
 ESA P
PORTFOLIO OPERATING LESSEE LLC 
 (LESSEE) 

and 
 ESA MANAGEMENT,
LLC 
 (MANAGER) 

December 8, 2015 







 AGREEMENT REGARDING MANAGEMENT AGREEMENT 

THIS AGREEMENT REGARDING MANAGEMENT AGREEMENT (this “Agreement”) is made as of December 8, 2015 by and between ESA P
PORTFOLIO OPERATING LESSEE LLC (f/k/a ESA P Portfolio Operating Lessee Inc. (f/k/a BRE/ESA P Portfolio Operating Lessee Inc.)), a Delaware limited liability company (“Lessee”), and ESA MANAGEMENT, LLC, a Delaware limited liability
company (“Manager”). 
 BACKGROUND 

A. Lessee and Manager entered into that certain Management Agreement dated as of November 11, 2013, as amended by that certain First
Amendment to Management Agreement dated as of July 28, 2014 (the “Original Management Agreement”) pursuant to which Manager agreed to render certain services in connection with the management and operation of the Hotels (as
defined in the Original Management Agreement) to Lessee on the terms and subject to the conditions set forth in the Management Agreement; 

B. Lessee and Manager wish to acknowledge the termination of the Original Management Agreement with respect to the hotels listed on
Schedule I attached hereto. 
 AGREEMENT 

NOW THEREFORE, in consideration of the foregoing recitals and the premises and the mutual covenants herein contained, the parties hereto agree
as follows: 
 1. Amendment. Pursuant to Section 12.3(b) of the Original Management Agreement, it is hereby acknowledged and
agreed that the Original Management Agreement is automatically terminated with respect to the hotels listed on Schedule I attached hererto and such hotels are automatically released and therefore deleted from Schedule A of the Original
Management Agreement. 
 2. Ratification. All provisions of the Original Management Agreement are hereby ratified and declared to be
in full force and effect. All references in the Original Management Agreement to the “Agreement”, “herein”, “hereunder” or terms of similar import shall be deemed to refer to the Original Management Agreement. 

3. Applicable Law. This Agreement shall be construed under, and governed in accordance with, the laws of the State of New York. 

4. Successors Bound. This Agreement shall be binding upon and inure to the benefit of Lessee, its successors and assigns, and shall be
binding and inure to the benefit of Manager and its permitted assigns. 
 5. Headings. Headings of sections are inserted only for
convenience and are in no way to be construed as a limitation on the scope of the particular sections to which they refer. 
 6.
Incorporation of Recitals. The recitals set forth in the preamble of this Agreement are hereby incorporated into this Agreement as if fully set forth herein. 







 IN WITNESS HEREOF, the parties hereto have caused this Agreement to be executed and delivered as
of the date first above written. 
  

			
	LESSEE:
	
	 ESA P PORTFOLIO OPERATING LESSEE LLC,

a Delaware limited liability company

		
	By:	 	 /s/ John R. Dent

	Name:	 	John R. Dent
	Title:	 	Vice President and Secretary


 [Signatures continue on the following page] 

  
 AGREEMENT
REGARDING MANAGEMENT AGREEMENT (P PORTFOLIO) 








 
			
	MANAGER:
	
	ESA MANAGEMENT, LLC, a Delaware limited liability company
		
	By:	 	 /s/ John R. Dent

	Name:	 	John R. Dent
	Title:	 	Vice President and Secretary



  
 AGREEMENT
REGARDING MANAGEMENT AGREEMENT (P PORTFOLIO) 








 SCHEDULE I 

Properties 
  

					
	 Site
	  	 Address
	  	 Owner

	851	  	4861 W. McDowell Rd., Phoenix, AZ	  	ESA P Portfolio L.L.C.
	9602	  	2102 West Dunlap Ave, Phoenix, AZ	  	ESA P Portfolio L.L.C.
	9802	  	11211 N. Black Canyon Hwy, Phoenix, AZ	  	ESA P Portfolio L.L.C.
	979	  	4800 S. Butterfield Dr., Tucson, AZ	  	ESA P Portfolio L.L.C.
	8525	  	3460 W. Shaw Ave., Fresno, CA	  	ESA P Portfolio L.L.C.
	421	  	11299 Point East Dr., Rancho Cordova, CA	  	ESA P Portfolio L.L.C.
	7502	  	3490 Afternoon Cr, Colorado Springs, CO	  	ESA P Portfolio L.L.C.
	885	  	4850 Leetsdale Dr., Glendale, CO	  	ESA P Portfolio L.L.C.
	994	  	715 Kipling St., Lakewood, CO	  	ESA P Portfolio L.L.C.
	7508	  	8750 Grant St, Thornton, CO	  	ESA P Portfolio L.L.C.
	7513	  	3705 N Chambers Rd., Aurora, CO	  	ESA P Portfolio L.L.C.
	1510	  	3031 West Commercial Blvd., Fort Lauderdale, FL	  	ESA P Portfolio L.L.C.
	1546	  	12358 E. Colonial Dr., Orlando, FL	  	ESA P Portfolio L.L.C.
	991	  	6295 Jimmy Carter Blvd., Norcross, GA	  	ESA P Portfolio L.L.C.
	992	  	200 Lawrenceville St., Norcross, GA	  	ESA P Portfolio L.L.C.
	996	  	474 W. Pike St., Lawrenceville, GA	  	ESA P Portfolio L.L.C.
	9648	  	7049 Jimmy Carter Blvd., Norcross, GA	  	ESA P Portfolio L.L.C.
	753	  	1177 S Northpoint Blvd., Waukegan, IL	  	ESA P Portfolio L.L.C.
	995	  	9775 Lenexa Dr, Lenexa, KS	  	ESA P Portfolio L.L.C.
	1	  	2750 Gribbin Dr., Lexington, KY	  	ESA P Portfolio L.L.C.
	5	  	1401 Browns Lane, Louisville, KY	  	ESA P Portfolio L.L.C.
	6002	  	11140 Boardwalk Dr., Baton Rouge, LA	  	ESA P Portfolio L.L.C.
	986	  	104 Mallard Rd., Sulphur, LA	  	ESA P Portfolio L.L.C.
	985	  	3070 E. Texas St., Bossier City, LA	  	ESA P Portfolio L.L.C.
	527	  	11808 Middlebelt Rd., Livonia, MI	  	ESA P Portfolio L.L.C.
	16	  	155 Chapel Ridge Rd, Hazelwood, MO	  	ESA P Portfolio L.L.C.
	691	  	6065 N. Lindbergh Blvd., Hazelwood, MO	  	ESA P Portfolio L.L.C.
	562	  	14800 East 42nd St., Independence, MO	  	ESA P Portfolio L.L.C.
	6048	  	4301 N. Corrington Ave, Kansas City, MO	  	ESA P Portfolio L.L.C.
	1514	  	5008 NC 55, Durham, NC	  	ESA P Portfolio L.L.C.
	1500	  	7910 N. Point Blvd., Winston-Salem, NC	  	ESA P Portfolio L.L.C.
	454	  	2868 Route 73 North, Maple Shade, NJ	  	ESA P Portfolio L.L.C.
	413	  	5020 Ellison NE, Albuquerque, NM	  	ESA P Portfolio L.L.C.
	861	  	4240 Boulder Highway, Las Vegas, NV	  	ESA P Portfolio L.L.C.
	3	  	11645 Chesterdale Rd., Springdale, OH	  	ESA P Portfolio L.L.C.
	555	  	11457 Chester Rd., Sharonville, OH	  	ESA P Portfolio L.L.C.
	838	  	520 Harlow Rd., Springfield, OR	  	ESA P Portfolio L.L.C.
	7003	  	3535 Fisher Rd NE, Salem, OR	  	ESA P Portfolio L.L.C.


  
 SCH: I-1 









					
	100	  	130 Mobile Dr., Spartanburg, SC	  	ESA P Portfolio L.L.C.
	450	  	5885 Shelby Oaks Dr., Memphis, TN	  	ESH/TN Properties L.L.C.
	163	  	1210 Murfreesboro Rd., Nashville, TN	  	ESH/TN Properties L.L.C.
	6028	  	12621 Hymeadow Rd., Austin, TX	  	ESA P Portfolio L.L.C.
	6005	  	5959 Guhn Rd, Houston, TX	  	ESA P Portfolio L.L.C.
	6012	  	2130 Hwy 6 South, Houston, TX	  	ESA P Portfolio L.L.C.
	6022	  	2544 US Hwy 67, Mesquite, TX	  	ESA P Portfolio L.L.C.
	6037	  	3440 W. Walnut Hill Dr, Irving, TX	  	ESA P Portfolio L.L.C.
	6086	  	3804 Tanacross Dr., Fort Worth, TX	  	ESA P Portfolio L.L.C.
	9707	  	17425 Dallas Pkwy, Dallas, TX	  	ESA P Portfolio L.L.C.
	9717	  	5683 South Redwood Rd., Salt Lake City, UT	  	ESA P Portfolio L.L.C.
	7010	  	25104 Pacific Hwy South, Kent, WA	  	ESA P Portfolio L.L.C.
	817	  	12803 E. Sprague Ave., Spokane, WA	  	ESA P Portfolio L.L.C.
	7011	  	2101 N. Meridian, Puyallup, WA	  	ESA P Portfolio L.L.C.
	7018	  	8801 South Hosmer St., Tacoma, WA	  	ESA P Portfolio L.L.C.


  
 SCH: I-2