Document:

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                                                                    EXHIBIT 10.1
                              TRANSACTION AGREEMENT

                                  by and among

                          HOSPITALITY PROPERTIES TRUST,

                            HPT TA PROPERTIES TRUST,

                             HPT TA PROPERTIES LLC,

                          TRAVELCENTERS OF AMERICA LLC

                                       and

                         REIT MANAGEMENT & RESEARCH LLC

                           ___________________________

                               _____________, 2007

                           ___________________________
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                              TRANSACTION AGREEMENT

     THIS TRANSACTION AGREEMENT is made _____________, 2007, by and among (a)
HOSPITALITY PROPERTIES TRUST, a Maryland real estate investment trust (including
its successors and permitted assigns, "HPT"); (b) HPT TA PROPERTIES TRUST, a
Maryland real estate investment trust (including its successors and permitted
assigns, "HPT TRUST LANDLORD"); (c) HPT TA PROPERTIES LLC, a Maryland limited
liability company (including its successors and permitted assigns, "HPT LLC
LANDLORD" and together with HPT Trust Landlord, "HPT LANDLORD"); (d)
TRAVELCENTERS OF AMERICA LLC, a Delaware limited liability company (including
its successors and permitted assigns, "TCA LLC"); and (e) REIT MANAGEMENT &
RESEARCH LLC, a Delaware limited liability company (including its successors and
permitted assigns, "RMR").

                             PRELIMINARY STATEMENTS

     A. HPT entered into an Agreement and Plan of Merger, dated as of September
15, 2006 (as amended and in effect from time to time, the "TCA MERGER
AGREEMENT"), with TravelCenters of America, Inc., a Delaware corporation
(including its successor upon conversion to a limited liability company as
contemplated by SECTION 2.3(a), "TCA"), HPT TA Merger Sub Inc., a Delaware
corporation ("HPT MERGER SUB") and Oak Hill Capital Partners, L.P., a Delaware
limited partnership ("OAK HILL"), pursuant to which HPT has agreed to acquire
TCA through a reverse triangular merger with HPT Merger Sub merging with and
into TCA (the "TCA MERGER"), subject to and upon the terms and conditions set
forth in the TCA Merger Agreement. Immediately following the TCA Merger, but
immediately prior to the Distribution (defined below), TCA will be a wholly
owned subsidiary of TCA LLC, and each of TCA LLC and HPT Trust Landlord will be
a wholly owned subsidiary of HPT.

     B. TCA and its subsidiaries own and operate hospitality, fuel and service
areas along the North American highway system (the "TRAVEL CENTER FACILITIES").

     C. The Board of Trustees of HPT has determined that it is in the best
interests of HPT and its shareholders to cause, in each case with effect
immediately following the TCA Merger, (i) the Landlord Properties (defined
below) with respect to the 146 Travel Center Facilities to be transferred to HPT
Landlord and leased to TCA Tenant (defined below), and (ii) 100% of the
membership interests in TCA LLC to be distributed to the holders of HPT Common
Shares (defined below) as a special distribution.

     D. RMR currently provides certain services to HPT, and the parties desire
that RMR provide similar services to TCA LLC as well.

     E. In connection with the foregoing, the parties wish to define certain
rights and obligations in connection with their businesses.

     NOW, THEREFORE, it is agreed:
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                                    SECTION 1
                                   DEFINITIONS

1.1 DEFINITIONS.

Capitalized terms used in this Agreement shall have the meanings set forth
below:

     (1) "ACTION": any litigation or legal or other actions, arbitrations,
counterclaims, investigations, proceedings, requests for material information by
or pursuant to the order of any Governmental Authority, or suits, at law or in
arbitration or equity commenced by any Person.

     (2) "AFFILIATED PERSON": with respect to any Person, (a) in the case of any
such Person which is a partnership, any partner in such partnership, (b) in the
case of any such Person which is a limited liability company, any member of such
company, (c) any other Person which is a Parent, a Subsidiary, or a Subsidiary
of a Parent with respect to such Person or to one or more of the Persons
referred to in the preceding clauses (a) and (b), (d) any other Person who is an
officer, director, trustee or employee of, or partner in or member of, such
Person or any Person referred to in the preceding clauses (a), (b) and (c), and
(e) any other Person who is a member of the Immediate Family of such Person or
of any Person referred to in the preceding clauses (a) through (d).

     (3) "AGENT": Wells Fargo Bank, N.A., the distribution agent appointed by
HPT to distribute the TCA LLC Shares to holders of HPT Common Shares pursuant to
the Distribution.

     (4) "AGREEMENT": this Transaction Agreement, together with the Schedules
and Exhibits hereto, as amended in accordance with the terms hereof.

     (5) "BENEFITED PARTIES": the meaning given in SECTION 3.1.

     (6) "BUSINESS DAY": any day other than Saturday, Sunday, or any other day
on which banking institutions in The Commonwealth of Massachusetts are
authorized by law or executive action to close.

     (7) "CASH CONTRIBUTION AMOUNT": an amount in cash equal to $200,000,000
MINUS the Net Working Capital of TCA LLC on the TCA Closing Date (determined
after giving effect to the transfers contemplated by Section 2.3(c)).

     (8) "CHANGE IN CONTROL": (a) the acquisition by any Person, or two or more
Persons acting in concert, of beneficial ownership (within the meaning of Rule
13d-3 of the SEC) of 9.8% or more, or rights, options or warrants to acquire
9.8% or more, of the outstanding shares of voting stock or other voting
interests of TCA Tenant or any TCA Guarantor, as the case may be, or the power
to direct the management and policies of TCA Tenant or any Guarantor, directly
or indirectly, (b) the merger or consolidation of TCA Tenant or any TCA
Guarantor with or into any other Person (other than the merger or consolidation
of any Person into TCA Tenant or any TCA Guarantor that does not result in a
Change in Control of TCA Tenant or such TCA Guarantor under clauses (a),

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(c) or (d) of this definition), (c) any one or more sales or conveyances to any
Person of all or any material portion of its assets (including capital stock or
other equity interests) or business of TCA Tenant or any TCA Guarantor, as the
case may be, or (d) the cessation, for any reason, of the individuals who at the
beginning of any twenty-four (24) consecutive month period (commencing on the
Commencement Date) constituted the board of directors of TCA Tenant or any TCA
Guarantor (together with any new directors whose election by such board or whose
nomination for election by the shareholders of TCA Tenant or such TCA Guarantor,
as the case may be, was approved by a vote of a majority of the directors then
still in office who were either directors at the beginning of any such period or
whose election or nomination for election was previously so approved) to
constitute a majority of the board of directors of TCA Tenant or any TCA
Guarantor then in office.

     (9) "CHARTER": with respect to any Entity, its constituent governing
documents, including, by way of example, its certificate of incorporation and
by-laws (if a corporation), its operating agreement and certificate of formation
(if a limited liability company), its declaration of trust and by-laws (if a
real estate investment trust) or its limited partnership agreement and
certificate of limited partnership (if a limited partnership).

     (10) "CLOSING BALANCE SHEET": the meaning given in SECTION 2.4.

     (11) "CLOSING NET WORKING CAPITAL": the meaning given in SECTION 2.4

     (12) "CODE": the United States Internal Revenue Code of 1986, as from time
to time in effect, and any successor law, and any reference to any statutory
provision shall be deemed to be a reference to any successor statutory
provision.

     (13) "CONTRACT": any lease, contract, instrument, license, agreement, sales
order, purchase order, open bid or other obligation or commitment (whether or
not written) and all rights and obligations therein.

     (14) "COVERED LIABILITIES": the meaning given in SECTION 4.1.

     (15) "DISTRIBUTION": the meaning given in SECTION 2.3(i).

     (16) "DISTRIBUTION RATIO": the meaning given in SECTION 2.3(i).

     (17) "ENTITY": any corporation, general or limited partnership, limited
liability company or partnership, stock company or association, joint venture,
association, company, trust, bank, trust company, land trust, business trust,
real estate investment trust, cooperative, any government or agency, authority
or political subdivision thereof or any other entity.

     (18) "ENVIRONMENTAL LAWS": all applicable laws, statutes, regulations,
rules, ordinances, codes, licenses, permits, notices and orders, from time to
time in existence, of all courts of competent jurisdiction and Governmental
Authorities, and all applicable judicial and administrative and regulatory
decrees, judgments and orders, including

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common law rulings and determinations, relating to the Environment, including,
without limitation, all valid and lawful requirements of courts and other
Governmental Authorities pertaining to reporting, licensing, permitting,
investigation, remediation and removal of underground improvements (including,
without limitation, treatment or storage tanks, or water, natural gas or oil
wells), or emissions, discharges, releases or threatened releases of Hazardous
Substances, chemical substances, pesticides, petroleum or petroleum products,
pollutants, contaminants or hazardous or toxic substances, materials or wastes
whether solid, liquid or gaseous in nature, into the Environment, or relating to
the manufacture, processing, distribution, use, treatment, storage, disposal,
transport or handling of Hazardous Substances, underground improvements
(including, without limitation, treatment or storage tanks, or water, gas or oil
wells), or pollutants, contaminants or hazardous or toxic substances, materials
or wastes, whether solid, liquid or gaseous in nature.

     (19) "ENVIRONMENT": means soil, surface waters, ground waters, land, biota,
sediments, surface or subsurface strata and ambient air.

     (20) "EXCHANGE": the meaning given in SECTION 2.2(b).

     (21) "EXCHANGE ACT": the Securities Exchange Act of 1934, and the rules and
regulations of the SEC thereunder, all as from time to time in effect.

     (22) "FIXTURES": the meaning given such term in SECTION 1.1(41)(d) .

     (23) "FVE": the meaning given in SECTION 3.1.

     (24) "GAAP": generally accepted accounting principles as in effect from
time to time.

     (25) "GOVERNMENTAL AUTHORITY": any court, agency, authority, board
(including, without limitation, environmental protection, planning and zoning),
bureau, commission, department, office or instrumentality of any nature
whatsoever of any governmental or quasi-governmental unit of the United States
or any State or any county or any political subdivision of any of the foregoing,
whether now or hereafter in existence, having jurisdiction over TCA Tenant or
any Landlord Property, or any portion thereof, or any Travel Center operated
thereon.

     (26) "HAZARDOUS SUBSTANCES": means any substance:

     (A)  the presence of which requires or may hereafter require notification,
          investigation or remediation under any Environmental Law; or

     (B)  which is or becomes defined as a "hazardous waste", "hazardous
          material" or "hazardous substance" or "pollutant" or "contaminant"
          under any Environmental Law including, without limitation, the
          Comprehensive Environmental Response, Compensation and Liability Act
          (42 U.S.C. Section 9601 ET SEQ.) and the Resource Conservation and
          Recovery Act

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          (42 U.S.C. Section 6901 ET SEQ.) and the regulations promulgated
          thereunder; or

     (C)  which is toxic, explosive, corrosive, flammable, infectious,
          radioactive, carcinogenic, mutagenic or otherwise hazardous and is or
          becomes regulated by any Governmental Authority; or

     (D)  the presence of which on the relevant property, or any portion
          thereof, causes or materially threatens to cause an unlawful nuisance
          upon such property, or any portion thereof, or to adjacent properties
          or poses or materially threatens to pose a hazard to such property, or
          any portion thereof, or to the health or safety of persons; or

     (E)  which contains gasoline, diesel fuel or other petroleum hydrocarbons
          or volatile organic compounds; or

     (F)  which contains polychlorinated biphenyls (PCBs) or asbestos or urea
          formaldehyde foam insulation; or

     (G)  which contains or emits radioactive particles, waves or material.

     (27) "HPT": the meaning given in the preamble to this Agreement.

     (28) "HPT COMMON SHARES": the common shares of beneficial interest, $.01
par value, of HPT.

     (29) "HPT GROUP": HPT and each Entity (i) whose income is included in the
federal income Tax Return Form 1120-REIT with HPT as the parent or in the
consolidated federal income Tax Return Form 1120 of HPT TRS, Inc. (employer
identification number 04-3548096), a Delaware corporation, as the common parent
or (ii) that is a Subsidiary of HPT; provided, in each case, that no member of
the TCA LLC Group shall be included therein for any period, except that TA
Licensing shall be a member of the TCA LLC Group only in respect of activities
and events up until and including the consummation of the TCA Merger, and TA
Licensing shall be a member of the HPT Group in respect of all activities and
events thereafter.

     (30) "HPT INDEMNIFIED PARTIES": the meaning given in SECTION 4.2.

     (31) "HPT LANDLORD": the meaning given in the preamble to this Agreement.

     (32) "HPT LLC LANDLORD": the meaning given in the preamble to this
Agreement.

     (33) "HPT MERGER SUB": the meaning given in the Preliminary Statements to
this Agreement.

     (34) "HPT TRUST LANDLORD": the meaning given in the preamble to this
Agreement.

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     (35) "HRPT": the meaning given in SECTION 3.1.

     (36) "IMMEDIATE FAMILY": with respect to any individual, such individual's
spouse, parents, brothers, sisters, children (natural or adopted), stepchildren,
grandchildren, grandparents, parents-in-law, brothers-in-law, sisters-in-law,
nephews and nieces.

     (37) "INCOME TAXES": any and all Taxes to the extent based upon or measured
by net income (regardless of whether denominated as an "income tax," a
"franchise tax" or otherwise), imposed by any Taxing Authority, together with
any related interest, penalties or other additions thereto.

     (38) "LAND": the meaning given in SECTION 1.1(41)(A).

     (39) "LANDLORD IMPROVEMENTS": the meaning given in SECTION 1.1(41)(B).

     (40) "LANDLORD INTANGIBLE PROPERTY": all transferable or assignable
agreements, service contracts, equipment leases and other arrangements or
agreements affecting the ownership, repair, maintenance, management, leasing or
operation of the Landlord Properties, or any portion thereof; all books, records
and files relating to the leasing, maintenance, management or operation of the
Landlord Properties, or any portion thereof; all transferable or assignable
permits, certificates of occupancy, operating permits, sign permits, development
rights and approvals, certificates, licenses, warranties and guarantees, rights
to deposits and telephone exchange numbers identified with the Landlord
Properties; and all other transferable intangible property, miscellaneous
rights, benefits and privileges of any kind or character with respect to the
Landlord Properties.

     (41) "LANDLORD PROPERTIES": collectively, all right, title and interest in
and to all of the following:

     (A)  those certain tracts, pieces and parcels of land, as more particularly
          described in SCHEDULE 1.1(41)(A) attached hereto and made a part
          hereof (the "LAND");

     (B)  all buildings, structures and other improvements of every kind
          including, but not limited to, underground storage tanks, alleyways
          and connecting tunnels, sidewalks, utility pipes, conduits and lines
          (on-site and off-site), parking areas and roadways appurtenant to such
          buildings and structures presently situated upon the Land
          (collectively, the "LANDLORD IMPROVEMENTS");

     (C)  all easements, rights and appurtenances relating to the Land and the
          Landlord Improvements;

     (D)  all equipment, machinery and fixtures integral to the operation of the
          Landlord Improvements, and other items of property now or hereafter
          permanently affixed or integral to or incorporated into the Landlord
          Improvements, including, without limitation, all furnaces, boilers,
          heaters,

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          electrical equipment, heating, plumbing, lighting, ventilating,
          refrigerating, incineration, air and water pollution control, waste
          disposal, air-cooling and air-conditioning systems and apparatus,
          sprinkler systems and fire and theft protection equipment, all of
          which, to the maximum extent permitted by law, are hereby deemed by
          the parties hereto to constitute real estate, together with all
          replacements, modifications, alterations and additions thereto, but
          specifically excluding all items included within the category of TCA
          Personal Property (collectively, the "FIXTURES");

     (E)  all of the Landlord Intangible Property;

     (F)  any and all leases of space in the Landlord Improvements; and

     (G)  all of the Trademarks, whether or not used at or on any Landlord
          Property;

PROVIDED, HOWEVER, that Landlord Properties shall not, in any event, include (x)
refunds in respect of property tax or other liabilities for which TCA Tenant is
liable under the TCA Properties Lease with respect to any Landlord Property, or
any other refunds for amounts paid prior to the TCA Closing Date or (y) the
Retained Buildings.

     (42) "LANDLORD PROPERTY": those portions of the Landlord Properties that,
as of the TCA Closing Date, relate to any single Travel Center.

     (43) "LANDLORD REAL PROPERTIES": those portions of the Landlord Properties
described in items 1.1(41)(A) through 1.1(41)(D) above.

     (44) "LEASE TERMINATION DATE": the meaning given in SECTION 3.3.

     (45) "LIABILITY": any and all debts, liabilities and obligations, absolute
or contingent, matured or unmatured, liquidated or unliquidated, accrued or
unaccrued, known or unknown, whenever arising, including all costs and expenses
relating thereto, and including those debts, liabilities and obligations arising
under any law, rule, regulation, Action, threatened Action, order or consent
decree of any Governmental Authority or any award of any arbitrator of any kind,
and those arising under any contract, commitment or undertaking.

     (46) "NET WORKING CAPITAL": the current assets less the current liabilities
of TCA LLC and its Subsidiaries, all as determined in accordance with GAAP.

     (47) "OAK HILL": the meaning given in the Preliminary Statements to this
Agreement.

     (48) "OTHER TAXES": all Taxes other than Income Taxes.

     (49) "PARENT": with respect to any Person, any Person which owns directly,
or indirectly through one or more Subsidiaries or Affiliated Persons, twenty
percent (20%) or more of the voting or beneficial interest in, or otherwise has
the right or power (whether by contract, through ownership of securities or
otherwise) to control, such Person.

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     (50) "PERSON": any individual or Entity, and the heirs, executors,
administrators, legal representatives, successors and assigns of such Person
where the context so admits.

     (51) "PRE-EXISTING ENVIRONMENTAL CONDITION": with respect to any Landlord
Property, any condition, known or unknown, that existed on the TCA Closing Date
in violation of Environmental Laws.

     (52) "RECORD DATE": the date determined by the Board of Trustees of HPT or
an authorized committee thereof as the record date for the Distribution.

     (53) "RELEVANT PROPERTIES": the meaning given in SECTION 3.1.

     (54) "RETAINED BUILDINGS": the buildings located on the Landlord Real
Properties described on SCHEDULE 1.1(54).

     (55) "RMR": the meaning given in the preamble to this Agreement.

     (56) "SEC": the United States Securities and Exchange Commission.

     (57) "SECURITIES ACT": the Securities Act of 1933, and the rules and
regulations of the SEC thereunder, all as from time to time in effect.

     (58) "SEPARATE COUNSEL": the meaning given in SECTION 4.3(b).

     (59) "SERVICES AGREEMENT": the meaning given in SECTION 2.3(e).

     (60) "SNH": the meaning given in SECTION 3.1.

     (61) "SUBSIDIARY": with respect to any Person, any Entity (a) in which such
Person owns directly, or indirectly through one or more Subsidiaries, twenty
percent (20%) or more of the voting or beneficial interest or (b) which such
Person otherwise has the right or power to control (whether by contract, through
ownership of securities or otherwise).

     (62) "TA FRANCHISE": TA Franchise Systems Inc., a Delaware corporation (and
its successor upon conversion to a limited liability company as contemplated by
Section 2.3(a)), and a wholly owned subsidiary of TCA.

     (63) "TA LICENSING": TA Licensing, Inc., a Delaware corporation, and a
wholly owned indirect subsidiary of TCA prior to the consummation of the TCA
Merger.

     (64) "TA OPERATING": TA Operating Corporation, a Delaware corporation (and
its successor upon conversion to a limited liability company as contemplated by
Section 2.3(a)), and a wholly owned subsidiary of TCA.

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     (65) "TAX" or "TAXES": any net income, gross income, gross receipts, sales,
use, excise, franchise, transfer, payroll, premium, property or windfall profits
tax, alternative or add-on minimum tax, or other tax, fee or assessment,
together with any interest and any penalty, addition to tax or other additional
amount imposed by any Taxing Authority, whether any such tax is imposed directly
or through withholding.

     (66) "TAX CONTESTS": the meaning given in SECTION 5.5.

     (67) "TAX RETURNS": all returns, reports, estimates, information
statements, declarations and other filings relating to, or required to be filed
by any taxpayer in connection with, its liability or reporting for, or its
payment or receipt of any refund of, any Tax.

     (68) "TAXING AUTHORITIES": the United States Internal Revenue Service (or
any successor authority) and any other domestic or foreign Governmental
Authority responsible for the administration of any Tax.

     (69) "TCA": the meaning given in the Preliminary Statements to this
Agreement.

     (70) "TCA ASSETS": the assets of TCA LLC and its Subsidiaries.

     (71) "TCA BUSINESS": the businesses conducted from time to time by TCA LLC
and its Subsidiaries.

     (72) "TCA CLOSING": the Closing under (and as defined in) the TCA Merger
Agreement.

     (73) "TCA CLOSING DATE": the Closing Date under (and as defined in) the TCA
Merger Agreement.

     (74) "TCA GUARANTOR": collectively, TCA LLC, TCA, TA Operating, TA
Franchise and each and every other guarantor of TCA Tenant's obligations under
the TCA Properties Lease, and each such guarantor's successors and assigns,
jointly and severally.

     (75) "TCA LIABILITIES": all Liabilities (i) arising out of or in connection
with any of the TCA Assets (including in any event any assets owned by TCA or
its Subsidiaries prior to the TCA Closing) or the TCA Business, whether arising
before or after the TCA Closing Date (subject, however, to SECTION 3.8 hereof )
or (ii) of TCA Tenant under the TCA Properties Lease, including all Liabilities
that TCA Tenant has assumed or agreed to pay or perform under the TCA Properties
Lease.

     (76) "TCA LLC": the meaning given in the preamble to this Agreement.

     (77) "TCA LLC GROUP": TCA LLC and each Entity (i) that is a Subsidiary of
TCA LLC at or after the time of the Distribution, and (ii) any predecessor
Entity of such Subsidiary (including TCA and its Subsidiaries prior to their
conversion to limited

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liability companies pursuant to SECTION 2.3(A)); provided that TA Licensing
shall be a member of the TCA LLC Group in respect of activities and events up
until and including the consummation of the TCA Merger, and TA Licensing shall
be a member of the HPT Group in respect of all activities and events thereafter.

     (78) "TCA LLC INDEMNIFIED PARTIES": the meaning given such term in SECTION
4.1.

     (79) "TCA LLC REGISTRATION STATEMENT ": the registration statement on Form
S-1 filed by TCA LLC under the Securities Act in connection with the
Distribution.

     (80) "TCA LLC SHARES": the common shares of membership interest of TCA LLC.

     (81) "TCA LLC SUBSIDIARIES": the direct or indirect Subsidiaries of TCA
LLC.

     (82) "TCA MERGER": the meaning given in the Preliminary Statements to this
Agreement.

     (83) "TCA MERGER AGREEMENT": the meaning given in the Preliminary
Statements to this Agreement.

     (84) "TCA PERSONAL PROPERTY": all motor vehicles and consumable inventory
and supplies, furniture, furnishings, equipment, movable walls and partitions,
equipment and machinery and all other tangible personal property of any member
of the TCA LLC Group (excluding accounts receivables) acquired by such member
before, on or after the TCA Closing Date and located at the Landlord Real
Properties or used in such member's business at the Landlord Real Properties and
all modifications, replacements, alterations and additions to such personal
property installed at the expense of TCA Tenant, other than any items included
within the definition of Fixtures.

     (85) "TCA PROPERTIES LEASE": the meaning given in SECTION 2.3(c)(4).

     (86) "TCA PROPERTIES SUBLEASE": the meaning given in SECTION 2.3(c)(5).

     (87) "TCA TENANT": TA Leasing LLC, a Delaware limited liability company.

     (88) "THIRD-PARTY CLAIM": any Action asserted by a Person, other than any
party hereto or their respective Affiliated Persons, that gives rise to a right
of indemnification hereunder.

     (89) "TRADEMARKS": all trade names, trademarks, service marks, domain
names, logos and other brand-source indicia, including all goodwill related
thereto, used in connection with any Travel Center or any other hospitality,
fuel and service facility including without limitation trade names, trademarks,
service marks, domain names, logos and other brand-source indicia, including all
goodwill related thereto, such as "TravelCenters of America", "TA", "Goasis",
"Country Pride", "Fork in the Road" and "Buckhorn Family Restaurants" whether or
not used at or on any Landlord Real Property;

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and all other licensable intellectual property of any kind or character with
respect to the Landlord Properties. Immediately prior to the TCA Closing, TA
Licensing will be the owner of all Trademarks of TCA and its Subsidiaries.

     (90) "TRAVEL CENTER": with respect to any Landlord Property, collectively,
the hospitality, fuel and service facilities located at such Landlord Property,
including, hotel, food and beverage services facilities, fuel pumps, facilities
for the storage and distribution of petroleum products, retail shops and other
facilities and services being operated or proposed to be operated on such
Landlord Property.

     (91) "TRAVEL CENTER FACILITIES": the meaning given in the Preliminary
Statements to this Agreement.

                                    SECTION 2
          PRELIMINARY ACTIONS; CERTAIN SECURITIES MATTERS; TCA MERGER;
                      LEASE TRANSACTION; AND DISTRIBUTION

     2.1 PRELIMINARY ACTIONS.

     Prior to the date of this Agreement, the following occurred:

          (a) HPT entered into the TCA Merger Agreement with TCA, Oak Hill and
     HPT Merger Sub;

          (b) HPT caused:

               (1) HPT Trust Landlord to be formed as a Maryland real estate
          investment trust and a wholly owned direct subsidiary of HPT;

               (2) HPT LLC Landlord to be formed as a Maryland limited liability
          company and a wholly owned direct subsidiary of HPT Trust Landlord;

               (3) TCA LLC to be formed as a Delaware limited liability company
          and a wholly owned direct subsidiary of HPT;

               (4) TCA Tenant to be formed as a Delaware limited liability
          company and a wholly owned direct subsidiary of TCA LLC; and

               (5) HPT Merger Sub to be formed as a Delaware corporation and a
          wholly owned direct subsidiary of HPT;

          (c) HPT contributed all of the issued and outstanding shares of common
     stock of HPT Merger Sub to TCA LLC and then contributed all of the issued
     and outstanding membership interests of TCA LLC to HPT Trust Landlord;

          (d) TCA LLC filed the TCA LLC Registration Statement with the SEC;

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          (e) The HPT Board of Trustees (or an authorized committee thereof)
     approved the execution and delivery of this Agreement and the transactions
     contemplated herein; and

          (f) TCA LLC's Board of Directors approved the execution and delivery
     of this Agreement and the transactions contemplated hereby.

     2.2 ACTIONS PRIOR TO TCA CLOSING DATE.

     After the date of this Agreement, but prior to the TCA Closing Date:

          (a) TCA LLC will take all actions necessary to cause the TCA LLC
     Registration Statement to become effective as soon as practicable. As soon
     as practicable after the TCA LLC Registration Statement becomes effective,
     HPT will furnish a copy of the prospectus contained in the TCA LLC
     Registration Statement to shareholders of HPT;

          (b) TCA LLC will effect the listing of the TCA LLC Shares for trading
     on the American Stock Exchange (the "EXCHANGE");

          (c) The parties will use commercially reasonable efforts to take all
     actions as may be necessary or appropriate under state and foreign
     securities and "blue sky" laws in connection with the Distribution;

          (d) The HPT Board of Trustees (or an authorized committee thereof)
     will set the Record Date and the date for the Distribution (which is to be
     the TCA Closing Date), and will take all other actions necessary to permit
     the Distribution;

          (e) HPT will enter into a distribution agreement with the Agent; and

          (f) The parties hereto will use commercially reasonable efforts to
     cause the TCA Closing to occur.

     2.3 ACTIONS OCCURRING ON THE TCA CLOSING DATE.

     Each of the following actions will take place on the TCA Closing Date
immediately following the TCA Merger and the TCA Closing (and subject to (i) the
compliance by the parties with the provisions of SECTION 2.2 above, and (ii) the
TCA LLC Registration Statement having been declared effective by the SEC under
the Securities Act, and there being no pending or threatened stop order
proceedings under the Securities Act with respect to the TCA LLC Registration
Statement), in the following order:

          (a) FIRST, TCA LLC will cause

               (1) TCA and each of TA Operating and (unless otherwise determined
          by HPT) TA Franchise to convert from corporations to Delaware limited
          liability companies; and

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<Page>

               (2) TCA to change its name to "TravelCenters of America Holding
          Company LLC";

          (b) SECOND,

               (1) TCA LLC will cause (i) TA Operating to distribute all the
          shares of capital stock of TA Licensing to TCA, and (ii) TCA to
          distribute all the shares of capital stock of TA Licensing to TCA LLC;

               (2) TCA LLC will distribute all the shares of capital stock of TA
          Licensing to HPT Trust Landlord; and

               (3) TA Licensing will merge with and into HPT Trust Landlord,
          which will be the survivor;

          (c) THIRD,

               (1) TCA LLC will cause (i) TA Operating to distribute all its
          Landlord Properties to TCA, and (ii) TCA to distribute all of its
          Landlord Properties (giving effect to TA Operating's distribution of
          its Landlord Properties to TCA) to TCA LLC;

               (2) TCA LLC will distribute all of its Landlord Properties
          (giving effect to TCA's distribution of all Landlord Properties to TCA
          LLC) to HPT Trust Landlord, and HPT Trust Landlord will contribute the
          Landlord Properties with respect to travel centers located in the
          States of Georgia, Idaho, Illinois, Indiana and Iowa to HPT LLC
          Landlord;

               (3) TCA LLC will, and will cause each of TCA and TA Operating to,
          execute and deliver, and to effect the recordation of, all
          confirmatory deeds, assignments, instruments and other documents of
          conveyance or assignment that are necessary or desirable, in the
          opinion of HPT, in order to evidence the foregoing distributions and
          contributions and vest record fee or leasehold title or other rights
          to the Landlord Properties in the appropriate HPT Landlord;

               (4) HPT Landlord will, and TCA LLC will cause TCA Tenant to,
          enter into a lease agreement in mutually acceptable form (the "TCA
          PROPERTIES LEASE"), pursuant to which HPT Landlord will lease and
          license the Landlord Properties to TCA Tenant;

               (5) TCA LLC will cause TCA Tenant to enter into a sublease
          agreement with TA Operating (the "TCA PROPERTIES SUBLEASE"), pursuant
          to which TCA Tenant will sublease and sublicense the Landlord
          Properties to TA Operating;

               (6) TCA LLC will cause TA Operating to sub-sublicense the
          applicable Trademarks to TCA and TA Franchise, as sub-sublicensees;

               (7) TCA LLC will cause TCA, TA Franchise and TA Operating to
          terminate any trademark license agreement entered into by such parties
          prior to the TCA Closing Date with TA Licensing as licensor, and HPT
          Trust Landlord (as successor by merger to TA Licensing) will agree to
          such termination; and

                                       13
<Page>

               (8) TCA LLC will execute and deliver, and cause each other TCA
          Guarantor to execute and deliver, a guaranty in favor of HPT Landlord
          of the obligations of TCA Tenant under the TCA Properties Lease;

          (d) FOURTH, HPT will contribute the Cash Contribution Amount (as
     estimated by HPT in accordance with SECTION 2.4) to HPT Trust Landlord, and
     HPT Trust Landlord will contribute the Cash Contribution Amount to TCA LLC;

          (e) FIFTH, TCA LLC and RMR will enter into a Management and Shared
     Services Agreement in mutually acceptable form (the "SERVICES AGREEMENT"),
     pursuant to which RMR will provide the management services to TCA LLC
     described, and upon the terms set forth, therein;

          (f) SIXTH, HPT Trust Landlord will distribute all outstanding TCA LLC
     Shares to HPT;

          (g) SEVENTH, HPT will cause the operating agreement of TCA LLC to be
     amended and restated in a form acceptable to it;

          (h) EIGHTH, TCA LLC will issue to HPT such additional number of TCA
     LLC Shares such that after such issuance the aggregate number of TCA LLC
     Shares held by HPT will be equal to the number of HPT Common Shares
     outstanding on the Record Date multiplied by the Distribution Ratio; and

          (i) NINTH, HPT will deliver all of the TCA LLC Shares owned by it to
     the Agent with instructions to distribute to each holder of record of HPT
     Common Shares on the Record Date one TCA LLC Share for every 10 HPT Common
     Shares (the "DISTRIBUTION RATIO") owned of record by such holder on the
     Record Date (the "DISTRIBUTION"). HPT will cause the Agent to deliver an
     account statement to each holder of TCA LLC Shares reflecting such holder's
     ownership interest in the TCA LLC Shares (registered in book-entry form
     through the direct registration system). In addition, HPT will authorize
     the Agent to perform such withholding in respect of the Distribution as may
     be required by Taxing Authorities.

     2.4 CAPITALIZATION OF TCA LLC.

     HPT and TCA LLC intend that on the TCA Closing Date (after giving effect to
the TCA Closing and all transfers and other actions that this Agreement
contemplates occurring prior to the Distribution), TCA LLC will have Net Working
Capital of $200,000,000. To effect this, HPT agrees, pursuant to SECTION 2.3(d),
to cause the Cash Contribution Amount to be contributed to TCA LLC. HPT will
estimate Net Working Capital as of the close of business on the day immediately
preceding the TCA Closing Date. As soon as practicable, but in any event within
60 days after the TCA Closing Date, TCA LLC will furnish HPT with TCA LLC's
consolidated balance sheet and its calculation of Net Working Capital in each
case as of TCA Closing Date (after giving effect to the TCA Closing and all
transfers and other actions that this Agreement contemplates occurring prior to
the Distribution) ("CLOSING BALANCE SHEET" and "CLOSING NET WORKING CAPITAL,"
respectively). If within 30 days following delivery of the Closing Balance Sheet
and the Closing Net Working Capital calculation HPT has not given TCA LLC
written notice of its objection as to the Closing Net Working Capital
calculation (which notice shall state

                                       14
<Page>

the basis of HPT's objection), then the Closing Net Working Capital calculated
by TCA LLC shall be binding and conclusive on the parties and be used in
computing the payments described below. If HPT duly gives TCA LLC such notice of
objection, and if HPT and TCA LLC fail to resolve the issues outstanding with
respect to the Closing Balance Sheet and the calculation of the Closing Net
Working Capital within 30 days of TCA LLC's receipt of HPT's objection notice,
HPT and TCA LLC will submit the issues remaining in dispute to binding
arbitration in accordance with SECTION 6.1. If Closing Net Working Capital is
greater than $200,000,000, an amount equal to Closing Net Working Capital less
$200,000,000 will be paid by wire transfer by TCA LLC to an account specified by
HPT. If Closing Net Working Capital is less than $200,000,000, an amount equal
to $200,000,000 less Closing Net Working Capital will be paid by wire transfer
by HPT to an account specified by TCA LLC. Such payment will be made within 3
Business Days after the calculation of the Closing Net Working Capital becomes
binding and conclusive on the parties.

                                    SECTION 3
                 POST-DISTRIBUTION RIGHTS, OPTIONS AND COVENANTS

     3.1 RIGHT OF FIRST REFUSAL RE: CERTAIN REAL ESTATE INVESTMENTS.

          (a) Except as otherwise contemplated herein, at no time during the
     term of any lease by HPT or any HPT Subsidiary, as landlord, to TCA LLC or
     any TCA LLC Subsidiary, as tenant, may TCA LLC, any TCA LLC Subsidiary or
     any affiliate controlled by any of them, directly or indirectly, acquire or
     finance (including through a sale and leaseback transaction), or
     participate in the acquisition or financing of, any real estate property
     anywhere in the world (collectively, the "RELEVANT PROPERTIES") of a type
     then owned or financed by HPT, HRPT Properties Trust, a Maryland real
     estate investment trust ("HRPT"), Senior Housing Properties Trust, a
     Maryland real estate investment trust ("SNH"), Five Star Quality Care,
     Inc., a Maryland corporation ("FVE"), or any other publicly-traded Entity
     that is managed or advised by RMR or to which RMR provides services (a
     "BENEFITED PARTY"), without first having (i) provided written notice of
     such proposed transaction to the relevant Benefited Party, describing the
     Proposed Transaction in sufficient detail (including pricing and all other
     material terms) and offering the relevant Benefited Party the right to
     acquire or finance the acquisition of the Relevant Property and (ii)
     negotiated in good faith with the relevant Benefited Party. If, after ten
     Business Days, TCA LLC and the relevant Benefited Party have not reached
     agreement on the terms of such acquisition or financing, TCA LLC (or such
     TCA LLC Subsidiary) will be free to acquire or finance such Relevant
     Property itself or with others, free of the restrictions of this SECTION
     3.1.

          (b) TCA LLC agrees that irreparable damage would occur if its
     obligations under this SECTION 3.1 were not performed in accordance with
     their terms and that the Benefited Parties' remedy at law for TCA LLC's
     breach of its obligations under this SECTION 3.1 would be inadequate. Upon
     any such breach, the relevant Benefited Party shall be entitled (in
     addition to any other rights or remedies it may have at law) to seek an
     injunction enjoining and restraining TCA LLC and/or such TCA LLC Subsidiary
     from continuing such breach. TCA LLC agrees that the period of restriction
     and the geographical area of restriction imposed upon TCA LLC are fair and
     reasonable. If the provisions of this SECTION 3.1 relating to the period or
     the area of restriction are determined to exceed the maximum period or
     areas which a court having

                                       15
<Page>

     jurisdiction over the matter would deem enforceable, such period or area
     shall, for purposes of this Agreement, be deemed to be the maximum period
     or area which such court determines valid and enforceable.

          (c) In the event RMR enters into an advisory arrangement or agreement
     with any publicly traded Entity other than HPT, HRPT, SNH and FVE, RMR will
     provide TCA LLC with notice thereof. The notice will specify in reasonable
     detail the identity of the Entity, the types of properties owned or
     financed by such additional Entity, and such Entity shall be deemed and
     become a "Benefited Party" for all purposes of this Agreement.

     3.2 RIGHT OF FIRST REFUSAL RE: TRAVEL CENTER FACILITIES.

     (a) At no time during the term of any lease by HPT or any HPT Subsidiary,
as landlord, to TCA LLC or any TCA LLC Subsidiary, as tenant, may TCA LLC or any
TCA LLC Subsidiary, directly or indirectly, purchase, lease, mortgage or
otherwise finance (including through a sale and leaseback transaction), or
participate in the purchase, lease, mortgage or financing of, any Travel Center
Facility, or any property intended to be used as a Travel Center Facility, in
the United States or Canada, without first having (i) provided written notice of
such proposed transaction to HPT, describing such proposed transaction in
sufficient detail (including pricing and all other material terms) and offering
HPT the right to purchase, lease, mortgage or finance such Travel Center
Facility or property and (ii) negotiated in good faith with HPT. If, after ten
Business Days, TCA LLC and HPT have not reached agreement on the terms of such
purchase, lease, mortgage or financing, TCA LLC (or such TCA LLC Subsidiary)
will be free to purchase, lease, mortgage or finance such Travel Center Facility
or property itself or with others, free of the restrictions of this SECTION 3.2.

     (b) TCA LLC agrees that irreparable damage would occur if its obligations
under this SECTION 3.2 were not performed in accordance with their terms and
that HPT's remedy at law for TCA LLC's breach of its obligations under this
SECTION 3.2 would be inadequate. Upon any such breach, HPT shall be entitled (in
addition to any other rights or remedies it may have at law) to seek an
injunction enjoining and restraining TCA LLC and/or such TCA LLC Subsidiary from
continuing such breach. TCA LLC agrees that the period of restriction and the
geographical area of restriction imposed upon TCA LLC are fair and reasonable.
If the provisions of this SECTION 3.2 relating to the period or the area of
restriction are determined to exceed the maximum period or areas which a court
having jurisdiction over the matter would deem enforceable, such period or area
shall, for purposes of this Agreement, be deemed to be the maximum period or
area which such court determines valid and enforceable.

     3.3 OPTIONS RE: TRAVEL CENTER BUSINESS ASSETS.

     HPT or its designee will have the right by written notice to TCA LLC,
effective upon the expiration or sooner termination of the TCA Properties Lease
(the "LEASE TERMINATION DATE"), to require TCA LLC and each TCA LLC Subsidiary
to grant a perpetual license to HPT or such designee of all software used in the
operation of the Landlord Properties by TCA LLC or any TCA LLC Subsidiary on the
Lease Termination Date for an amount equal to the then fair market value thereof
(i.e., the current replacement cost as determined by agreement of the parties
or, in

                                       16
<Page>

the absence of such agreement, appraisal). TCA LLC will cause each TCA LLC
Subsidiary to enter into any license and sublicenses necessary to effectuate the
foregoing.

     3.4 ASSEMBLED WORKFORCE.

     The parties agree that at the Lease Termination Date, HPT and its
Subsidiaries will have the right to offer employment to any and all employees of
TCA LLC and the TCA LLC Subsidiaries at the Landlord Properties, and TCA LLC
will not, and will cause each TCA LLC Subsidiary not to, interfere with the
exercise of such right, and TCA LLC will, and will cause each TCA LLC Subsidiary
to, cooperate with HPT and its Subsidiaries.

     3.5 COOPERATION, EXCHANGE OF INFORMATION, RETENTION OF RECORDS, AND COSTS
OF REPORTING.

     (a) Upon reasonable request prior to and after the TCA Closing Date, HPT
(on behalf of the HPT Group) and TCA LLC (on behalf of the TCA LLC Group) will
promptly provide, and will cause their respective Affiliated Persons to provide,
the requesting party with such cooperation and assistance, documents and other
information, without charge, as may be necessary or reasonably helpful in
connection with (i) the consummation of the transactions contemplated by this
Agreement and the preservation for each such party and for the TCA LLC
Subsidiaries, to the extent reasonably feasible, of the benefits of this
Agreement (including, in the case of TCA LLC and the TCA LLC Subsidiaries, the
economic and operational benefits of the TCA Assets), (ii) each such party's
preparation and filing of any original or amended Tax Return or of any financial
or other report required to be filed under the Exchange Act or other applicable
law, (iii) the conduct of any audit, appeal, protest or other examination or any
judicial or administrative proceeding involving to any extent Taxes or Tax
Returns within the scope of this Agreement, and (iv) the verification of an
amount payable hereunder to, or receivable hereunder from, any other party. Each
such party will make its officers and facilities available on a mutually
convenient basis to facilitate such cooperation.

     (b) HPT and TCA LLC will retain or cause to be retained all books, records
and other documents within its possession or control relating to any Contracts
or otherwise to the TCA LLC Subsidiaries or their properties, assets or
liabilities, and all Tax Returns, and all books, records, schedules, workpapers,
and other documents relating thereto, which Tax Returns and other materials are
within the scope of this Agreement, until the expiration of the later of (i) all
applicable statutes of limitations (including any waivers or extensions
thereof), and (ii) any retention period required by applicable law or pursuant
to any record retention agreement.

     (c) HPT agrees to bear the fees and expenses payable to any independent
public accountants incurred prior to the TCA Closing Date in connection with
their audit or review of the financial statements of the TCA LLC Group for any
fiscal period ending prior to the TCA Closing Date.

     3.6 RESTRICTIONS ON OWNERSHIP.

     After the Distribution, and for so long thereafter as TCA LLC or any TCA
LLC Subsidiary is a tenant of HPT or one of HPT's Subsidiaries, (a) TCA LLC will
not permit the occurrence of any Change in Control, and (b) TCA LLC will not
take any action that, in the

                                       17
<Page>

reasonable judgment of HPT, might reasonably be expected to have an adverse
impact on the ability of HPT to qualify as a "real estate investment trust"
under Sections 856 through 860 of the Code.

     3.7 TERMINATION OF EXCHANGE FUND; DIRECTOR'S AND OFFICER'S INDEMNIFICATION.

     The parties hereby confirm that:

     (a) pursuant to Section 3.04(d) of the TCA Merger Agreement, (i) TCA will
remain entitled to receive that portion of the Exchange Fund (as defined in the
TCA Merger Agreement) that remains undistributed to the holders of stock
certificates of TCA upon the expiration of two years following the TCA Closing,
and (ii) thereafter, TCA will be solely responsible for the payment of any claim
for merger consideration and compliance with any applicable "escheat" or similar
laws applicable to such undistributed merger consideration in connection with
the TCA Merger; and

     (b) TCA will remain solely obligated under the indemnities provided by it
under Section 6.07 of the TCA Merger Agreement.

     3.8 COST TO REMEDIATE PRE-EXISTING ENVIRONMENTAL CONDITION.

     HPT agrees to pay all costs necessary to effect the remediation (to the
extent required by Environmental Laws) of any Pre-Existing Environmental
Condition (or reimburse TCA LLC and its Subsidiaries for any costs incurred by
them to so remediate any Pre-Existing Environmental Condition) in excess of
$12,000,000, net of reimbursement available to TCA LLC from any other Person
(other than HPT and its Affiliated Persons) or insurers, and TCA LLC agrees to
exhaust all recourse against any such other Persons or insurers prior to
requiring payment by HPT.

                                    SECTION 4
                                 INDEMNIFICATION

     4.1 INDEMNIFICATION BY HPT.

     From and after the TCA Closing Date, subject to any limitations on
liability contained in the TCA Properties Lease, HPT will indemnify and hold
harmless TCA LLC, its Subsidiaries, each of their respective directors,
trustees, officers, employees and agents, and each of the heirs, executors,
successors and assigns of any of the foregoing (collectively, the "TCA LLC
INDEMNIFIED PARTIES") from and against any and all damages, claims, losses,
expenses, costs, obligations and liabilities, including liabilities for all
reasonable attorneys', accountants', and experts' fees and expenses, including
those incurred to enforce the terms of this Agreement (collectively, "COVERED
LIABILITIES"), suffered, directly or indirectly, by any TCA LLC Indemnified
Party by reason of, or arising out of,

          (a) any breach of any covenant or agreement of HPT or HPT Landlord
     contained in this Agreement; or

          (b) any Liability of HPT or its Subsidiaries (other than any TCA
     Liabilities).

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<Page>

     4.2 INDEMNIFICATION BY TCA LLC.

     From and after the TCA Closing Date, TCA LLC will indemnify and hold
harmless HPT, its Subsidiaries (other than the TCA LLC and its Subsidiaries),
each of their respective directors, trustees, officers, employees and agents,
and each of the heirs, executors, successors and assigns of any of the foregoing
(collectively, the "HPT INDEMNIFIED PARTIES") from and against any and all
Covered Liabilities suffered, directly or indirectly, by any HPT Indemnified
Party by reason of, or arising out of:

          (1) any breach of any covenant or agreement of TCA LLC under this
     Agreement; or

          (2) any TCA Liability.

     4.3 INDEMNIFICATION PROCEDURES.

     (a) If any indemnified party receives notice of the assertion of any
Third-Party Claim with respect to which an indemnifying party is obligated under
this Agreement to provide indemnification, such indemnified party shall give
such indemnifying party written notice thereof (together with a copy of such
Third-Party Claim, process or other legal pleading) promptly after becoming
aware of such Third-Party Claim; PROVIDED, HOWEVER, that the failure of any
indemnified party to give notice as provided in this SECTION 4.3 shall not
relieve any indemnifying party of its obligations under this SECTION 4, except
to the extent that such indemnifying party is actually prejudiced by such
failure to give notice. Such notice shall describe such Third-Party Claim in
reasonable detail.

     (b) An indemnifying party, at such indemnifying party's own expense and
through counsel chosen by such indemnifying party (which counsel shall be
reasonably acceptable to the indemnified party), may elect to defend any
Third-Party Claim. If an indemnifying party elects to defend a Third-Party
Claim, then, within ten (10) Business Days after receiving notice of such
Third-Party Claim (or sooner, if the nature of such Third-Party claim so
requires), such indemnifying party shall notify the indemnified party of its
intent to do so, and such indemnified party shall cooperate in the defense of
such Third-Party Claim (and pending such notice and assumption of defense, an
indemnified party may take such steps to defend against such Third-Party Claim
as, in such indemnified party's good-faith judgment, are appropriate to protect
its interests). The indemnifying party shall pay such indemnified party's
reasonable out-of-pocket expenses incurred in connection with such cooperation.
After notice from an indemnifying party to an indemnified party of its election
to assume the defense of a Third-Party Claim, such indemnifying party (i) shall
not be liable to such indemnified party under this SECTION 4 for any legal or
other expenses subsequently incurred by such indemnified party in connection
with the defense thereof other than those expenses referred to in the preceding
sentence, and (ii) shall keep the indemnified party reasonably informed of the
status of the defense of such Third-Party Claim; PROVIDED, HOWEVER, that such
indemnified party shall have the right to employ one law firm as counsel,
together with a separate local law firm in each applicable jurisdiction
("SEPARATE COUNSEL"), to represent such indemnified party in any action or group
of related actions (which firm or firms shall be reasonably acceptable to the
indemnifying party) if, in such indemnified party's reasonable judgment at any
time, either a conflict of

                                       19
<Page>

interest between such indemnified party and such indemnifying party exists in
respect of such claim, or there may be defenses available to such indemnified
party which are different from or in addition to those available to such
indemnifying party and the representation of both parties by the same counsel
would be inappropriate, and in that event (i) the reasonable fees and expenses
of such Separate Counsel shall be paid by such indemnifying party (it being
understood, however, that the indemnifying party shall not be liable for the
expenses of more than one Separate Counsel (excluding local counsel) with
respect to any Third-Party Claim (even if against multiple indemnified parties),
and (ii) each of such indemnifying party and such indemnified party shall have
the right to conduct its own defense in respect of such claim. If an
indemnifying party elects not to defend against a Third-Party Claim, or fails to
notify an indemnified party of its election as provided in this SECTION 4.3
within the period of ten (10) (or, if applicable, fewer) Business Days described
above, the indemnified party may defend, compromise, and settle such Third-Party
Claim and shall be entitled to indemnification hereunder (to the extent
permitted hereunder); PROVIDED, HOWEVER, that no such indemnified party may
compromise or settle any such Third-Party claim without the prior written
consent of the indemnifying party, which consent shall not be unreasonably
withheld or delayed. Notwithstanding the foregoing, the indemnifying party shall
not, without the prior written consent of the indemnified party, (i) settle or
compromise any Third-Party Claim or consent to the entry of any judgment which
does not include as an unconditional term thereof the delivery by the claimant
or plaintiff to the indemnified party of a written release from all liability in
respect of such Third-Party Claim, or (ii) settle or compromise any Third-Party
Claim in any manner that would reasonably be expected to have a material adverse
effect on the indemnified party.

     4.4 CERTAIN LIMITATIONS, ETC.

     The amount of any Covered Liabilities for which indemnification is provided
under this Agreement shall be net of any amounts actually recovered by the
indemnified party from third parties (including amounts actually recovered under
insurance policies) with respect to such Covered Liabilities. Any indemnifying
party hereunder shall be subrogated to the rights of the indemnified party upon
payment in full of the amount of the relevant indemnifiable loss. An insurer who
would otherwise be obligated to pay any claim shall not be relieved of the
responsibility with respect thereto or, solely by virtue of the indemnification
provision hereof, have any subrogation rights with respect thereto. If any
indemnified party recovers an amount from a third party in respect of an
indemnifiable loss for which indemnification is provided in this Agreement after
the full amount of such indemnifiable loss has been paid by an indemnifying
party or after an indemnifying party has made a partial payment of such
indemnifiable loss and the amount received from the third party exceeds the
remaining unpaid balance of such indemnifiable loss, then the indemnified party
shall promptly remit to the indemnifying party the excess of (i) the sum of the
amount theretofore paid by such indemnifying party in respect of such
indemnifiable loss plus the amount received from the third party in respect
thereof, less (ii) the full amount of such Covered Liabilities.

                                       20
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     4.5 SURVIVAL.

     Notwithstanding anything herein to the contrary, the indemnities and
related acknowledgments and agreements of the parties set forth in this SECTION
4 will survive the Distribution and the TCA Closing Date, and shall be
enforceable at any time.

     4.6 PRIORITY OF SECTION 5.

     As to the Tax matters addressed in SECTION 5, including the indemnification
for Taxes and the notice, control and conduct of Tax Contests, the provisions of
SECTION 5 shall be the exclusive governing provisions.

                                    SECTION 5
                                   TAX MATTERS

     5.1 GENERAL RESPONSIBILITY FOR TAXES.

     (a) All federal Income Taxes of the HPT Group shall be borne by, shall be
the responsibility of, and shall be paid by the HPT Group, and all federal
Income Taxes of the TCA LLC Group shall be borne by, shall be the responsibility
of, and shall be paid by the TCA LLC Group. For purposes of federal Income
Taxes, items of income, gain, loss, deduction, expenditure, and credit shall be
allocated and reported, as between the HPT Group and the TCA LLC Group, in a
manner consistent with: (i) applicable Tax laws, including without limitation
(A) the federal consolidated Income Tax Return whose common parent has employer
identification number 36-3856519 including all the income, expenses and
operations of such parent and its subsidiaries through the close of business on
the TCA Closing Date in accordance with Sections 1.1502-1(b) and
1.1502-76(b)(1)(ii)(A)(1) of the Treasury Regulations, (B) the federal Income
Tax Return Form 1120-REIT of HPT including the gains (if any) that result from
the application of Section 311 of the Code to the Distribution, and (C) the
federal consolidated Income Tax Return whose common parent has employer
identification number 20-5701514 including all the income, expenses and
operations of such parent and its subsidiaries from and after the end of the
taxable period covered by Section 5.1(a)(i)(A); (ii) the continued qualification
of HPT as a real estate investment trust under the Code; and (iii) commercially
reasonable prorations of items between lessors and lessees of real estate.

     (b) For any state or local Income Tax that follows Code Section 856(i) or
Section 301.7701-2(c)(2)(i) of the Treasury Regulations, (i) such state and
local Income Taxes of the HPT Group shall be borne by, shall be the
responsibility of, and shall be paid by the HPT Group, and (ii) such state and
local Income Taxes of the TCA LLC Group shall be borne by, shall be the
responsibility of, and shall be paid by the TCA LLC Group. For purposes of such
state and local Income Taxes, items of income, gain, loss, deduction,
expenditure, and credit shall be allocated and reported, as between the HPT
Group and the TCA LLC Group, in the same manner as SECTION 5.1(a).

     (c) All Taxes not covered by SECTIONS 5.1(a)-(b) and 5.2, including
applicable Other Taxes, shall be allocated between the HPT Group and the TCA LLC
Group on the basis of actual transactions, events or activities (including, if
applicable, days elapsed) that give rise to or create liability for such Taxes,
and based on the taxable periods to which such Taxes relate,

                                       21
<Page>

except that any real estate transfer, sales or similar Taxes applied in respect
of the transfers of Landlord Properties pursuant to SECTION 2.3(c)(1)-(3) shall
be borne by the HPT Group regardless of whom such Taxes shall have been imposed
upon in the first instance.

     (d) HPT shall hold TCA LLC harmless from and against all Taxes which are to
be borne by the HPT Group under this SECTION 5.1. TCA LLC shall hold HPT
harmless from and against all Taxes which are to be borne by the TCA LLC Group
under this SECTION 5.1.

     5.2 ALLOCATION OF CERTAIN TAXES AMONG TAXABLE PERIODS.

     HPT and TCA LLC agree that if it or any member of the HPT Group or TCA LLC
Group, respectively, is permitted but not required under any applicable Tax law,
including applicable state and local Income Tax laws, to allocate Tax
liabilities in the manner consistent with how federal Tax liabilities are
allocated pursuant to SECTION 5.1(a), then HPT and TCA LLC shall cooperate on
behalf of the HPT Group and TCA LLC Group, respectively, so as to achieve such
allocation of Taxes through available elections or otherwise.

     5.3 FILING AND PAYMENT RESPONSIBILITY.

     (a) From and after the TCA Closing Date, each of HPT (on behalf of the HPT
Group) and TCA LLC (on behalf of the TCA LLC Group) shall cause to be prepared
and filed such Tax Returns as the HPT Group and the TCA LLC Group, respectively,
are required to file with applicable Taxing Authorities. Each of HPT (on behalf
of the HPT Group) and TCA LLC (on behalf of the TCA LLC Group) agree that,
except as required by applicable law, they will not take positions in any such
Tax Return that are inconsistent with (i) the description of federal Income Tax
consequences in the TCA LLC Registration Statement, (ii) the Distribution being
treated, on account of TCA LLC and its (directly or indirectly) wholly owned
limited liability company subsidiaries being disregarded entities under Section
301.7701-2(c)(2)(i) of the Treasury Regulations, as the distribution by HPT of
TCA LLC's and its Subsidiaries' underlying assets and liabilities pursuant to
the principles of Internal Revenue Service Revenue Rulings 99-5 and 99-6, (iii)
any election (protective or otherwise) that HPT may choose to make under Section
336(e) of the Code, or any similar Tax election under any state or local Income
Tax laws, with respect to the Distribution (it being understood that TCA LLC and
its Subsidiaries shall join in any such Tax election at the request of HPT),
(iv) the payments from HPT to TCA LLC under SECTIONS 2.3(d) and 2.4 representing
a nontaxable capital contribution from HPT to TCA LLC, and the payments from TCA
LLC (or its Subsidiaries) to HPT under SECTIONS 2.4 OR 3.8, if any, representing
a nontaxable return of excess capital contributions, and (v) any other Tax
Return, whether filed on behalf of the HPT Group or the TCA LLC Group,
previously or substantially contemporaneously filed with such Tax Return. In
particular, to the extent such valuations are necessary for Tax purposes, HPT
and TCA LLC will use all commercially reasonable efforts to cooperate with one
another in valuing the individual assets comprising the TCA Assets at the time
of the Distribution, and to the maximum extent permitted by applicable law shall
utilize for all Code purposes the valuations resulting from application of
Section 1.856-3(a) of the Treasury Regulations.

     (b) To the extent that either of the HPT Group or the TCA LLC Group bears
responsibility pursuant to SECTION 5.1 for some or all of a Tax which is to be
paid with a Tax

                                       22
<Page>

Return for which the other bears preparation and filing responsibility pursuant
to SECTION 5.3, then (i) the party bearing responsibility for some or all of
such Tax shall have the right to review and comment upon such Tax Return at
least fifteen (15) days before such Tax Return must be filed, (ii) the party
bearing responsibility for some or all of such Tax shall pay over by wire
transfer the amount of such Tax for which it is responsible to the party filing
such Tax Return at least three (3) days before such Tax Return must be filed,
and (iii) the party responsible for preparing and filing such Tax Return will
file such Tax Return on or before its due date and pay over to the applicable
Taxing Authority the amount of Tax due with such Tax Return.

     (c) At the request of HPT, TCA LLC Group's TravelCentres Canada, Inc.
(employer identification number 98-0329055) shall join with HPT in a "taxable
REIT subsidiary" election under Section 856(l) of the Code on Internal Revenue
Service Form 8875, which election is to be effective as of the TCA Closing Date.

     5.4 REFUNDS AND CREDITS.

     Any refunds or credits of Taxes shall be for the account of the party
bearing responsibility for such Taxes under SECTION 5.1. Each of HPT and TCA LLC
agrees that if as the result of any audit adjustment made by any Taxing
Authority with respect to a Tax to be borne by the other party under SECTION
5.1, any member of the HPT Group or the TCA LLC Group, respectively, receives a
Tax benefit in the form of a cash refund or in the form of a credit applicable
against Tax liabilities to be borne by such benefited party under this SECTION
5, then the benefited party shall notify the other party of the same within ten
(10) days of, as applicable, receiving the cash refund or filing the Tax Return
in which such credit is utilized, and then pay over immediately to such other
party the amount of such Tax refund or credit.

     5.5 TAX CONTESTS.

     If either HPT (on behalf of the HPT Group) or TCA LLC (on behalf of the TCA
LLC Group) becomes aware of any audit, pending or threatened assessment,
official inquiry, examination or proceeding ("TAX CONTESTS") that could result
in an official determination with respect to Taxes due or payable, the
responsibility for any portion of which rests with the other party, such party
shall promptly so notify the other party in writing. The party bearing greater
responsibility for the Taxes contested in a Tax Contest shall bear the costs
(including attorneys' and accountants' fees, but excluding the contested Taxes)
of such Tax Contest, and shall control and conduct such Tax Contest in a
reasonable manner after consulting in good faith with the other party. The other
party shall supply the party controlling the Tax Contest with such powers of
attorney and assistance as may be reasonably requested. The responsibility for
any additional liability for Taxes resulting from a Tax Contest shall be
allocated and apportioned between the HPT Group and the TCA LLC Group in
accordance with SECTION 5.1. Except to the extent in conflict with the
provisions of this SECTION 5, the provisions of SECTION 4.3 shall be applicable
to Tax Contests.

     5.6 RESOLUTION OF DISPUTES.

     At the request of either HPT or TCA LLC, any disputes between HPT (on
behalf of the HPT Group) and TCA LLC (on behalf of the TCA LLC Group) with
respect to matters governed

                                       23
<Page>

by this SECTION 5 shall be resolved through an arbitration by a firm of
independent certified public accountants, mutually agreed upon by HPT and TCA
LLC and having no material relationship with either HPT or TCA LLC, whose
determination shall be final and binding on both parties. The cost of such firm
shall be borne equally by HPT and TCA LLC.

                                    SECTION 6
                                  MISCELLANEOUS

     6.1 ARBITRATION.

     Any and all disputes and disagreements arising out of or relating to this
Agreement, other than actions or claims for injunctive relief or claims raised
in actions or proceedings brought by third parties and other than disputes under
SECTION 5 as to which either party elects to apply the provisions of SECTION
5.6, shall be resolved through negotiations or, if the dispute is not so
resolved, through binding arbitration conducted in Boston, Massachusetts under
the JAMS Comprehensive Arbitration Rules and Procedures (as revised February 19,
2005), with the following amendments to those rules. First, in no event shall
the arbitration from commencement to issuance of an award take longer than 180
days. Second, the arbitration tribunal shall consist of three arbitrators and
the optional appeal procedure provided for in Rule 34 shall not be utilized.
Third, in lieu of the one deposition permitted in Rule 17(c) as of right and the
optional further depositions that may be allowed, the only deposition per side
shall be a single individual or Entity deposition to last no longer than one
seven-hour day that each party may take of the opposing party or an individual
under the control of the opposing party.

     6.2 CONFIDENTIALITY.

     Each party hereto shall use commercially reasonable efforts to maintain the
confidentiality of any information concerning the other party or any Subsidiary
of the other party provided to or discovered by it or its representatives and
which is not otherwise available on a nonconfidential basis to such party and
shall not (except as may otherwise be required by applicable law or the rules
and regulations of the New York Stock Exchange or the American Stock Exchange)
disclose such information, subject to the provisions of this Section, to anyone
other than those people who have a need to know such information in connection
with the conduct of such party's business, including its attorneys, accountants
and other representatives and agents or during the course of or in connection
with any Action based upon or in connection with the subject matter of this
Agreement.

     6.3 NOTICES.

     (a) Any and all notices, demands, consents, approvals, offers, elections
and other communications required or permitted under this Agreement shall be
deemed adequately given if in writing and the same shall be delivered either in
hand, or by telecopy or by Federal Express or similar expedited commercial
carrier, addressed to the recipient of the notice, and with all freight charges
prepaid (if by Federal Express or similar carrier).

     (b) All notices required or permitted to be sent hereunder shall be deemed
to have been given for all purposes of this Agreement upon the date of receipt
or refusal, except that whenever under this Agreement a notice is either
received on a day which is not a Business

                                       24
<Page>

Day or is required to be delivered on or before a specific day which is not a
Business Day, the day of receipt or required delivery shall automatically be
extended to the next Business Day.

     (c) All such notices shall be addressed:

         If to TCA LLC, to:

                  TravelCenters of America LLC
                  24601 Center Ridge Road
                  Westlake, OH  44145
                  Attn:  Mr. John R. Hoadley
                  Telecopy no:  ________________

         If to HPT or HPT Landlord, to:

                  Hospitality Properties Trust
                  400 Centre Street
                  Newton, Massachusetts  02458
                  Attn:  President
                  Telecopy no:  (617) 969-5730

         If to RMR, to:

                  Reit Management & Research LLC
                  400 Centre Street
                  Newton, Massachusetts  02458
                  Attn:  President
                  Telecopy no: (617) 969-1437

         If to any Benefited Party, to it care of RMR, at:

                  Reit Management & Research LLC
                  400 Centre Street
                  Newton, Massachusetts  02458
                  Attn:  President
                  Telecopy no:  (617) 969-1437.

     (d) By notice given as herein provided, the parties hereto and their
respective successors and assigns shall have the right from time to time and at
any time during the term of this Agreement to change their respective addresses
effective upon receipt by the other parties of such notice and each shall have
the right to specify as its address up to two other addresses within the United
States of America.

     6.4 WAIVERS, ETC.

     No provision of this Agreement may be waived except by a written instrument
signed by the party waiving compliance. No waiver by any party hereto of any of
the requirements hereof or of any of such party's rights hereunder shall release
the other parties from full performance of

                                       25
<Page>

their remaining obligations stated herein. No failure to exercise or delay in
exercising on the part of any party hereto any right, power or privilege of such
party shall operate as a waiver thereof, nor shall any single or partial
exercise of any right, power or privilege preclude any other or further exercise
thereof or the exercise of any other right, power or privilege by such party.
This Agreement may not be amended, nor shall any waiver, change, modification,
consent or discharge be effected, except by an instrument in writing executed by
or on behalf of the party against whom enforcement of any amendment, waiver,
change, modification, consent or discharge is sought.

     6.5 ASSIGNMENT; SUCCESSORS AND ASSIGNS; THIRD PARTY BENEFICIARIES.

     This Agreement and all rights and obligations hereunder shall not be
assignable by any party without the written consent of the other parties, except
to a successor to such party by merger or consolidation or an assignee of
substantially all of the assets of such party. This Agreement shall be binding
upon and shall inure to the benefit of the parties hereto and their respective
successors and permitted assigns. This Agreement is not intended and shall not
be construed to create any rights in or to be enforceable in any part by any
other Person, except that each Benefited Party is a third party beneficiary of
SECTION 3.1.

     6.6 SEVERABILITY.

     If any provision of this Agreement shall be held or deemed to be, or shall
in fact be, invalid, inoperative or unenforceable as applied to any particular
case in any jurisdiction or jurisdictions, or in all jurisdictions or in all
cases, because of the conflict of any provision with any constitution or statute
or rule of public policy or for any other reason, such circumstance shall not
have the effect of rendering the provision or provisions in question invalid,
inoperative or unenforceable in any other jurisdiction or in any other case or
circumstance or of rendering any other provision or provisions herein contained
invalid, inoperative or unenforceable to the extent that such other provisions
are not themselves actually in conflict with such constitution, statute or rule
of public policy, but this Agreement shall be reformed and construed in any such
jurisdiction or case as if such invalid, inoperative or unenforceable provision
had never been contained herein and such provision reformed so that it would be
valid, operative and enforceable to the maximum extent permitted in such
jurisdiction or in such case.

     6.7 COUNTERPARTS, ETC.

     This Agreement may be executed in two or more counterparts, each of which
shall be deemed an original, but all of which together shall constitute one and
the same instrument. This Agreement constitutes the entire agreement of the
parties hereto with respect to the subject matter hereof and shall supersede and
take the place of any other instruments purporting to be an agreement of the
parties hereto relating to the subject matter hereof. This Agreement may not be
amended or modified in any respect other than by the written agreement of all of
the parties hereto and, with respect to SECTION 3.1, the consent of each
Benefited Party affected thereby.

                                       26
<Page>

     6.8 GOVERNING LAW.

     This Agreement shall be interpreted, construed, applied and enforced in
accordance with the laws of The Commonwealth of Massachusetts applicable to
contracts between residents of Massachusetts which are to be performed entirely
within Massachusetts.

     6.9 EXPENSES.

     HPT agrees to pay and to hold each other party to this Agreement (and its
Subsidiaries) harmless from and against (a) all costs, expenses and fees
(including in each case the reasonable fees and disbursements of counsel),
incident to (i) the drafting, preparation, execution and delivery of this
Agreement and all other agreements, instruments and other documents entered into
by such other party or any Subsidiary thereof in connection herewith or in
connection with the Distribution or the TCA Closing or consummation of the other
transactions contemplated hereby, (ii) the preparation, printing, filing and
distribution under the Securities Act of the TCA LLC Registration Statement
(including financial statements and exhibits), each preliminary prospectus and
prospectus in connection therewith and all amendments and supplements to any of
them, (iii) the registration or qualification of the TCA LLC Shares for offer
and sale under the securities and Blue Sky laws of the several states in
connection with the Distribution, (iv) the initial listing of the TCA LLC Shares
on the Exchange and (v) furnishing such copies of the TCA LLC Registration
Statement, the final prospectus contained therein and all amendments and
supplements thereto as may be requested for use by transferors thereof who are
required to deliver a prospectus in connection with the Distribution, (b) the
fees and expenses of the Agent in connection with the Distribution, and (c) all
real property transfer Taxes, including Taxes levied upon the transfer of equity
in an Entity owning real estate assets, and all excise, sales, use, value added,
registration stamp, recording, documentary, conveyancing, franchise, property,
transfer, gains and similar Taxes, levies, charges and fees, including any
associated deficiencies, interest, penalties, additions to Tax or additional
amounts, excluding any Income Taxes incurred in connection with the transactions
contemplated by this Agreement to occur on or prior to the TCA Closing Date.
Each party hereto will use all commercially reasonable efforts to minimize the
amount of transfer Taxes, and will cooperate with one another in providing any
appropriate exemption certifications or other similar documentation.

     6.10 SECTION AND OTHER HEADINGS; INTERPRETATION.

     The headings contained in this Agreement are for reference purposes only
and shall not in any way affect the meaning or interpretation of this Agreement.
The words "hereof", "herein" and "hereunder" and words of similar import when
used in this Agreement shall refer to this Agreement as a whole and not to any
particular provision of this Agreement; and Section, subsection, Schedule and
Exhibit references are to this Agreement, unless otherwise specified. The words
"including" and "include" shall be deemed to be followed by the words "without
limitation."

     6.11 EXCULPATION.

     THE DECLARATION OF TRUST ESTABLISHING HPT, A COPY OF WHICH, TOGETHER WITH
ALL AMENDMENTS THERETO (THE "HPT DECLARATION"), IS

                                       27
<Page>

DULY FILED WITH THE DEPARTMENT OF ASSESSMENTS AND TAXATION OF THE STATE OF
MARYLAND, PROVIDES THAT THE NAME "HOSPITALITY PROPERTIES TRUST" REFERS TO THE
TRUSTEES UNDER THE HPT DECLARATION COLLECTIVELY AS TRUSTEES, BUT NOT
INDIVIDUALLY OR PERSONALLY, AND THAT NO TRUSTEE, OFFICER, SHAREHOLDER, EMPLOYEE
OR AGENT OF HPT SHALL BE HELD TO ANY PERSONAL LIABILITY, JOINTLY OR SEVERALLY,
FOR ANY OBLIGATION OF, OR CLAIM AGAINST, HPT. ALL PERSONS DEALING WITH HPT IN
ANY WAY SHALL LOOK ONLY TO THE ASSETS OF HPT FOR THE PAYMENT OF ANY SUM OR THE
PERFORMANCE OF ANY OBLIGATION.

     THE DECLARATION OF TRUST ESTABLISHING HPT TRUST LANDLORD, A COPY OF WHICH,
TOGETHER WITH ALL AMENDMENTS THERETO (THE "HPT TRUST LANDLORD DECLARATION"), IS
DULY FILED WITH THE DEPARTMENT OF ASSESSMENTS AND TAXATION OF THE STATE OF
MARYLAND, PROVIDES THAT THE NAME "HPT TA PROPERTIES TRUST" REFERS TO THE
TRUSTEES UNDER THE HPT TRUST LANDLORD DECLARATION COLLECTIVELY AS TRUSTEES, BUT
NOT INDIVIDUALLY OR PERSONALLY, AND THAT NO TRUSTEE, OFFICER, SHAREHOLDER,
EMPLOYEE OR AGENT OF HPT TRUST LANDLORD SHALL BE HELD TO ANY PERSONAL LIABILITY,
JOINTLY OR SEVERALLY, FOR ANY OBLIGATION OF, OR CLAIM AGAINST, HPT TRUST
LANDLORD. ALL PERSONS DEALING WITH HPT TRUST LANDLORD IN ANY WAY SHALL LOOK ONLY
TO THE ASSETS OF HPT TRUST LANDLORD FOR THE PAYMENT OF ANY SUM OR THE
PERFORMANCE OF ANY OBLIGATION.

             [THE REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK].

                                       28
<Page>

     IN WITNESS WHEREOF, the parties have caused this Agreement to be executed
as a sealed instrument as of the date first above written.

                                     HOSPITALITY PROPERTIES TRUST

                                     By:___________________________________
                                                    Title:

                                     HPT TA PROPERTIES TRUST

                                     By:___________________________________
                                                   Title:

                                     HPT TA PROPERTIES LLC

                                     By:___________________________________
                                                   Title:

                                     TRAVELCENTERS OF AMERICA LLC

                                     By:___________________________________
                                                   Title:

                                     REIT MANAGEMENT & RESEARCH LLC

                                     By:___________________________________
                                                   Title:

                                       29
<Page>
                               Schedule 1.1(41)(A)

                      LAND INCLUDED IN LANDLORD PROPERTIES
<Page>

                                Schedule 1.1(54)

                               RETAINED BUILDINGS

<Table>
<Caption>
    TA SITE NO.                        MAILING ADDRESS
<S>     <C>           <C>
        1             100 N. Carter Road, Ashland, VA  23005
        32            RR1, Valley Grove, WV  26060 (I-70 at Dallas Pk, Exit 11)
        67            5644 SR 8, Harrisville, PA  16038  (I-80 & RS 80, Exit 3)
        102           10346 S. State Rd. 39, Clayton, IN  46118
        111           980 West South Blvd., Montgomery, AL  36105
        140           155 Hwy. 138, Denmark, TN  38391
        148           5101 Quebec Street, Commerce City, CO  80022
        197           8909 20th Street, Vero Beach, FL  32966
        214           875 North Eagle Valley Rd., Milesburg, PA  16853
</Table>

<Page>

                                                 TABLE OF CONTENTS

<Table>
<S>              <C>                                                                                             <C>
SECTION 1
DEFINITIONS.......................................................................................................2
         1.1      Definitions.....................................................................................2
SECTION 2
PRELIMINARY ACTIONS; CERTAIN SECURITIES MATTERS; TCA MERGER; LEASE TRANSACTION; AND DISTRIBUTION.................11
         2.1      Preliminary Actions............................................................................11
         2.2      Actions Prior to TCA Closing Date..............................................................12
         2.3      Actions Occurring on the TCA Closing Date......................................................12
         2.4      Capitalization of TCA LLC......................................................................14
SECTION 3
POST-DISTRIBUTION RIGHTS, OPTIONS AND COVENANTS..................................................................15
         3.1      Right of First Refusal re: Certain Real Estate Investments.....................................15
         3.2      Right of First Refusal re: Travel Center Facilities............................................16
         3.3      Options re: Travel Center Business Assets......................................................16
         3.4      Assembled Workforce............................................................................17
         3.5      Cooperation, Exchange of Information, Retention of Records, and Costs of Reporting.............17
         3.6      Restrictions on Ownership......................................................................17
         3.7      Termination of Exchange Fund; Director's and Officer's Indemnification.........................18
         3.8      Cost to Remediate Pre-Existing Environmental Condition.........................................18
SECTION 4
INDEMNIFICATION..................................................................................................18
         4.1      Indemnification by HPT.........................................................................18
         4.2      Indemnification by TCA LLC.....................................................................19
         4.3      Indemnification Procedures.....................................................................19
         4.4      Certain Limitations, Etc.......................................................................20
         4.5      Survival.......................................................................................21
         4.6      Priority of Section 5..........................................................................21
SECTION 5
TAX MATTERS......................................................................................................21
         5.1      General Responsibility for Taxes...............................................................21
         5.2      Allocation of Certain Taxes Among Taxable Periods..............................................22
         5.3      Filing and Payment Responsibility..............................................................22
         5.4      Refunds and Credits............................................................................23
         5.5      Tax Contests...................................................................................23
         5.6      Resolution of Disputes.........................................................................23
SECTION 6
MISCELLANEOUS....................................................................................................24
         6.1      Arbitration....................................................................................24
         6.2      Confidentiality................................................................................24
         6.3      Notices........................................................................................24
         6.4      Waivers, Etc...................................................................................25
         6.5      Assignment; Successors and Assigns; Third Party Beneficiaries..................................26
         6.6      Severability...................................................................................26
         6.7      Counterparts, Etc..............................................................................26
         6.8      Governing Law..................................................................................27
         6.9      Expenses.......................................................................................27
         6.10     Section and Other Headings; Interpretation.....................................................27
         6.11     Exculpation....................................................................................27
</Table><Page>

                                                                  Exhibit 10.2

                    MANAGEMENT AND SHARED SERVICES AGREEMENT

         THIS MANAGEMENT AND SHARED SERVICES AGREEMENT (this "AGREEMENT") is
made and entered into as of ________, 2007, by and between TRAVELCENTERS OF
AMERICA LLC, a Delaware limited liability company (the "Company"), and REIT
MANAGEMENT & RESEARCH LLC, a Delaware limited liability company ("RMR").

         WHEREAS, the Company wishes to: (i) purchase from RMR certain
management and administrative services designed to assist the Company in the
management and oversight of the Company's daily business activities, and (ii)
make use of the advice and assistance of RMR and information available to RMR,
and to have RMR undertake the duties and responsibilities hereinafter set forth,
all in the manner and pursuant to terms and conditions as more specifically
described herein; and

         WHEREAS, RMR is a company that provides management and administrative
services, and RMR desires to provide those services requested by the Company on
the terms and conditions set forth herein;

         NOW, THEREFORE, in consideration of the foregoing and of the mutual
covenants and agreements set forth herein, and other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, and
intending to be legally bound hereby, the parties hereto agree as follows:

                                   Section 1.
                              MANAGEMENT SERVICES.

         1.1 MANAGEMENT SERVICES TO BE RENDERED. RMR shall provide the Company
with the management services described below (each, a "SERVICE", and
collectively, the "SERVICES"), in each case to the extent requested by the
Company:

             (a) MAINTENANCE AND REPAIRS. Advice in obtaining, when appropriate,
the services of property managers or management firms to perform customary
property management services with regard to the hospitality and fuel service
facilities (each a "TRAVEL CENTER") operated or owned by or in the possession of
the Company or any subsidiary thereof; performance of such supervisory,
evaluation or monitoring services on behalf of the Company with respect to the
activities of those property managers or management firms as would be performed
by a prudent operator, owner or lessee in the Company's business, including but
not limited to, supervising the activities of property managers or management
firms, reviewing the maintenance and renovation needs for governmental or
regulatory compliance at the Company's properties, assessing capital and
engineering projects, property inspections, and participating in property
management budgeting, but excluding the actual on-site property management
functions performed by Company personnel, property managers or management firms.

             (b) SITE SELECTION, ETC. Advice in site selection of properties on
which new Travel Centers may be developed, and in the identification and
acquisition of new and existing Travel Centers and travel center companies.

<Page>

             (c) ACCOUNTING SUPPORT. Advice and assistance with accounting, tax,
audit and financial reporting of the Company, including, without limitation,
advice and assistance in (i) setting up and maintaining systems for financial
record keeping; (ii) conducting the administration of the day-to-day bookkeeping
and accounting functions as are required for the proper management of the assets
of the Company; (iii) establishing and implementing internal audit functions;
(iv) contracting for and supervising the process for independent annual audits;
and (v) preparation of financial reports as may be required by any governmental
authority in connection with the ordinary conduct of the Company's business,
including without limitation, periodic reports, returns or statements required
under the Securities Exchange Act of 1934, as amended (the "EXCHANGE ACT"), the
Internal Revenue Code of 1986, as amended (the "CODE"), the securities and tax
statutes of any jurisdiction in which the Company is obligated to file such
reports, or the rules and regulations promulgated under any of the foregoing.

             (d) CAPITAL MARKETS AND INVESTMENT ADVICE AND ASSISTANCE.

                 (1) EQUITY CAPITAL MARKETS. Advice and assistance relating to
         equity capital raising transactions, but not including solicitation of
         investors as a broker, dealer or underwriter in any capital raising
         transactions.

                 (2) DEBT FINANCING. Advice and assistance relating to
         revolving lines of credit and other issuances of indebtedness.

                 (3) INVESTMENT. Advice and assistance relating to investments
         and other growth opportunities as may come to the attention of the
         Company or RMR, including without limitation, acquisitions, joint
         ventures and other business expansion transactions.

             (e) CASH MANAGEMENT. Advice and assistance in (i) operating and
managing the Company's collection systems, concentration systems and electronic
disbursements; (ii) managing the Company's short-term investments, including the
acquisition and sale of money market instruments or other temporary investments
in accordance with the Company's policies; (iii) maintaining bank accounts,
including opening and closing of operating, security deposits, local depository
and petty cash accounts; (iv) bank administration; and (v) maintaining bank
relationships.

             (f) COMMON SUPPORT SERVICES. Provide applicable common services,
such as certain secretarial services to support personnel of the Company as is
reasonably necessary.

             (g) HUMAN RESOURCES. Advice and assistance in management of the
Company's 401(k) plan, Company employee recruitment, performance evaluation and
establishment of salary, bonus and other compensation scales and executive and
staff employee structure.

             (h) INSURANCE ADMINISTRATION. Advice and assistance in (i) securing
all forms of insurance, including property, casualty, workers' compensation;
(ii) managing insurance policies; (iii) negotiation of premiums and arranging
payment terms; (iv) managing claims; and (v) preparation of loss analysis. The
amount and levels of insurance shall be determined in the sole and absolute
discretion of the Company.

                                      -2-
<Page>

             (i) INVESTOR RELATIONS. Advice and assistance in the preparation
and coordination of (i) annual and quarterly reports to shareholders; (ii)
presentations to the public; (iii) public relations; (iv) preparation of
marketing materials; (v) internet web-site; and (vi) investor relations
services.

             (j) LEGAL. Advice and assistance in review of and advice concerning
Company contracts and agreements, coordination and supervision of all third
party legal services and oversight of processing of claims by or against the
Company.

             (k) MANAGEMENT INFORMATION SYSTEMS.

                 (1) APPLICATIONS DEVELOPMENT. Advice and assistance related to
         development and maintenance of Company information technology system
         applications, including, without limitation, intra-net, financial,
         accounting and clerical systems.

                 (2) TELECOMMUNICATIONS. Advice and assistance related to
         design, operation and maintenance of network infrastructure, including
         telephone and data transmission lines, voice mail, facsimile machines,
         cellular phones, pager, etc.; negotiation of contracts with third party
         vendors and suppliers; and local area network and wide area network
         communications support.

                 (3) OPERATIONS/TECHNICAL SUPPORT AND USER SUPPORT. Advice and
         assistance related to design, maintenance and operation of the
         computing environment, including business specific applications,
         network wide applications, electronic mail and other systems; managing
         the purchase and maintenance of equipment, including hardware and
         software; configuration, installation and support of computer
         equipment; and education and training of the user community.

             (l) RESEARCH. Advice and assistance in the conduct of market
research reports and special research assignments; investigation and evaluation
of investment, financing, refinancing, leasing and other business opportunities;
and making recommendations concerning these opportunities.

             (m) SECURITIES FILINGS. Advice and assistance in the preparation
and filing of periodic and other reports required to be filed by Sections 13 and
15 of the Exchange Act; advice and assistance in the preparation and filing of
all offering documents (public and private), and all registration statements,
prospectuses or other documents filed with the Securities and Exchange
Commission (the "SEC") or any state (it being understood that the Company shall
be responsible for the content of any and all of its offering documents and SEC
filings, and RMR shall not be held liable for any costs or liabilities arising
out of any misstatements or omissions in the Company's offering documents or SEC
filings, whether or not material, and the Company shall indemnify RMR from such
costs and liabilities).

             (n) SPECIAL PROJECTS. Advice and assistance in special projects and
such other services within the scope contemplated by this Agreement although not
expressly covered elsewhere in this SUBSECTION 1.1.

                                      -3-
<Page>

             (o) SUPERVISION OF THIRD PARTY MANAGER ARRANGEMENTS. Advice and
oversight concerning the Company's relationship with any and all, current or
future, third party managers of its current or future facilities or properties.

             (p) TAX ADMINISTRATION. Advice and assistance in the preparation,
review and filing of all federal, state and other required tax returns and tax
related matters. All tax matters shall be determined by the Company in its
absolute and sole discretion.

         1.2 PERFORMANCE OF SERVICES. RMR covenants that it will perform or
cause to be performed the Services in a timely, efficient and workmanlike
manner. RMR further covenants that it will maintain or contract for a sufficient
staff of trained personnel to enable it to perform the Services hereunder. With
the Company's approval, RMR may retain third parties or its affiliates to
provide certain of the Services hereunder. In such cases, and notwithstanding
anything herein to the contrary, the Company shall reimburse RMR for its actual
out-of-pocket costs and expenses for arranging for such Services (including,
without limitation, the fees and costs of such third parties or affiliates). Any
arrangements between RMR and its affiliates for the provision of Services
hereunder shall be commercially reasonable and on terms not less favorable than
those which could be obtained from unaffiliated third parties. All services
shall be performed as requested and/or authorized by the Company from time to
time.

         1.3 COMPENSATION.

             (a) PAYMENT FOR SERVICES. RMR shall be paid a fee (the "SERVICE
FEE") for the Services provided to the Company under this Agreement equal to the
sum of (i) 0.6% of the gross fuel margin and (ii) 0.6% of the total non-fuel
revenues (collectively, "REVENUES") of the Company and its subsidiaries
determined in accordance with generally accepted accounting principles ("GAAP").
The Service Fee shall be estimated and paid monthly by the Company in advance
based upon the prior calendar month's Revenues, and such payment shall be paid
within 15 calendar days of the end of the applicable prior calendar month. The
calculation of the fee for any month shall be based upon the Company's monthly
financial statements. A copy of the computations (in reasonable detail) shall
promptly be delivered to RMR accompanied by payment of the Service Fee thereon
to be due and payable. The Service Fee shall be pro-rated for any partial month
this Agreement shall be in effect.

         The aggregate Service Fee paid in any fiscal year shall be subject to
adjustment as of the end of that year. On or before the 30th day after public
availability of the Company's annual audited financial statements for each
fiscal year, the Company shall deliver to RMR a notice setting forth (i) the
Company's Revenues for such year, (ii) the Company's computation of the Service
Fee payable for such year and (iii) the amount of the Service Fee theretofore
paid to RMR in respect of such year. If the Service Fee payable for any fiscal
year exceeds the aggregate amounts previously paid by the Company, the Company
shall pay the deficit to RMR at the time of delivery of such notice. If the
aggregate Service Fee payable for any fiscal year as shown in the notice is less
than the aggregate amounts previously paid by the Company, the Company shall
specify in such notice whether RMR should (i) refund to the Company an amount
equal to the difference or (ii) grant the Company a credit against the Service
Fee next coming due in the amount of the difference until that amount has been
fully paid or otherwise discharged.

                                      -4-
<Page>

             (b) PAYMENT SUBORDINATION. No Service Fee payments shall be paid by
the Company to RMR if any of the contractual rent obligations of the Company or
any of its subsidiaries to Hospitality Properties Trust or any of its
subsidiaries (collectively "HPT") pursuant to any lease agreement are past due.
Any Service Fee payment unpaid as a result of the preceding sentence shall
accrue interest until paid at the Prime Rate (as defined below), and shall be
automatically due and payable: (i) when the condition preventing the payment of
such Service Fee is no longer in effect, (ii) upon any termination of the
Agreement, or (iii) upon the occurrence of any event of default by the Company
enumerated in subsection 3.2. This subsection 1.3(b) is only intended to define
the relative rights of RMR and HPT. Without intending to limit the generality of
the foregoing, nothing in this subsection 1.3(b) shall: (i) impair, as between
the Company and RMR, the obligation of the Company to pay any amounts owing
hereunder in accordance with the terms hereof; or (ii) affect the relative
rights of RMR and creditors of the Company other than HPT. For purposes of this
Agreement, "PRIME RATE" shall mean the Prime Rate or base rate on corporate
loans at large U.S. money center commercial banks as published in the WALL
STREET JOURNAL or, if publication of such rate shall be suspended or terminated,
Prime Rate shall mean the annual rate of interest, determined daily and
expressed as a percentage, from time to time announced by one of the three
largest national or New York State chartered banking institutions having their
principal office in New York, New York and selected by RMR at the time such
publication is suspended or terminated. All interest hereunder shall be
calculated on the basis of actual days elapsed and a 360-day year.

         1.4 REIMBURSEMENT. The Company will reimburse RMR for (i) reasonable
out-of-pocket travel and lodging expenses of RMR personnel in providing the
Services and (ii) reasonable out-of-pocket third party expenses incurred by RMR
in connection with its performance of the Services and for the Company's share,
if any, of internal audit costs that are provided to the Company and to other
customers of RMR, in each case within 30 days of receipt of the invoice
therefor, but only to the extent that the Company shall have approved such
expenses and costs. RMR shall submit to the Company such reports detailing said
expenses and supporting receipts and bills, or other suitable evidence, as may
be reasonably requested by the Company. The Company will make Company aircraft
available to RMR personnel traveling in providing the Services at no cost to
RMR.

                                   Section 2.
                                  LIMITATIONS.

         2.1 LIMITS OF RMR RESPONSIBILITY. RMR assumes no responsibility other
than to render the services described herein in SUBSECTIONS 1.1 and 4.1 in good
faith and shall not be responsible for any action of the Company in following or
declining to follow any advice or recommendation of RMR.

         2.2 THIRD PARTY COSTS. Except to the extent expressly provided herein
to the contrary, all third party costs incurred in connection with actions to be
taken by the Company shall solely be the responsibility of the Company,
including, but not limited to, all listing and registration fees or other costs
of the SEC, any state or local governments, any national securities exchange and
the NASD, Inc.

                                      -5-
<Page>

                                   Section 3.
                               TERM; TERMINATION.

         3.1 TERM. The initial term of this Agreement shall commence on the date
hereof and expire on December 31, 2008 (the "INITIAL TERM") and shall be
automatically renewed for successive one-year terms (each, a "RENEWAL TERM")
upon the expiration of the Initial Term and each Renewal Term unless notice of
non-renewal is given in writing by the Company or RMR not less than ninety (90)
calendar days before the expiration of the Initial Term or any Renewal Term.

         3.2 DEFAULT; BANKRUPTCY; ETC. At the option of the nondefaulting party,
this Agreement may be terminated immediately by written notice from the
nondefaulting party to the defaulting party if any of the following events shall
have occurred:

             (a) RMR or the Company shall have violated any provision of this
Agreement and, after written notice from the Company or RMR, as the case may be,
of the violation, shall have failed to cure the default within thirty days;

             (b) a petition shall have been filed against RMR or the Company for
an involuntary proceeding under any applicable bankruptcy, insolvency or other
similar law now or hereafter in effect, and that petition shall not have been
dismissed within ninety days of filing; or a court having jurisdiction shall
have appointed a receiver, liquidator, assignee, custodian, trustee,
sequestrator or similar official of RMR or the Company for any substantial
portion of its property, or ordered the winding up or liquidation of its
affairs, and that appointment or order shall not have been rescinded or vacated
within ninety days of the appointment or order;

             (c) RMR or the Company shall have commenced a voluntary proceeding
under any applicable bankruptcy, insolvency or other similar law now or
hereafter in effect, or shall have made any general assignment for the benefit
of creditors, or shall have failed generally to pay its debts as they became
due; or

             (d) any Change in Control (as defined in SECTION 10) of the
Company.

         3.3 ACTION UPON TERMINATION. From and after the effective date of any
termination of this Agreement by the Company pursuant to SUBSECTION 3.2, RMR
shall be entitled to no compensation for services rendered hereunder for the
remainder of the then current term of this Agreement but shall be paid all
compensation due for services performed prior to termination, including, without
limitation the then current year's Service Fee through the date of termination.
In the event of any termination of this Agreement by RMR pursuant to SUBSECTION
3.2, RMR shall be entitled to compensation for the remainder of the then current
term of this Agreement. Upon the expiration or sooner termination of this
Agreement, RMR immediately shall deliver to the Company all property and
documents of the Company then in its custody or possession. This SUBSECTION 3.3
shall govern the rights, liabilities and obligations of the parties upon
termination of this Agreement; and, except as provided in SECTION 7, a
termination shall be without further liability of either party to the other for
breach or violation of this Agreement prior to termination.

                                      -6-
<Page>

                                   Section 4.
                               SENIOR EXECUTIVES.

         4.1 ADDITIONAL SERVICES. To the extent requested by the Company, RMR
shall make its executive officers and directors reasonably available to the
Company for the provision of additional services, including day-to-day
activities enumerated in SUBSECTION 1.1. The parties acknowledge and agree that
no additional compensation shall be due and payable for any additional services
requested by the Company and provided by executive officers and directors of RMR
pursuant to this SUBSECTION 4.1.

         4.2 CO-EMPLOYMENT OF SENIOR EXECUTIVES. The parties acknowledge and
agree that certain senior executives of the Company may be employees of both the
Company and RMR. Each party shall be solely responsible for payment of
compensation to such senior executives for services rendered to or on behalf of
such party.

                                   Section 5.
                           PREVENTION OF PERFORMANCE.

         RMR shall not be determined to be in violation of this Agreement if it
is prevented from performing any Services hereunder for any reason beyond its
reasonable control, including without limitation, acts of God, nature, or of
public enemy, strikes, or limitations of law, regulations or rules of the
Federal or of any state or local government or of any agency thereof.

                                   Section 6.
                                RMR RESTRICTIONS.

         Other than activities or arrangements existing as of the date hereof or
those consented to by the Company, RMR shall not directly or indirectly provide
any advice or assistance to any business or enterprise that is competitive with
the Company's business, including, but not limited to, any business or
enterprise that manages or operates travel centers along the North American
highway system.

                                   Section 7.
                           INDEMNIFICATION; REMEDIES.

         7.1 BY THE COMPANY. The Company shall indemnify, defend and hold RMR,
and its directors, officers, employees and agents harmless from and against any
and all damages, claims, losses, expenses, costs, obligations and liabilities,
including, without limiting the generality of the foregoing, liabilities for all
reasonable attorneys', accountants' and experts' fees and expenses incurred
(collectively, "LOSSES AND EXPENSES") or suffered by them by reason of or
arising out of the course of performing the Services and any duties on behalf of
the Company and its subsidiaries as prescribed hereby, except for matters
covered by subsection 7.2 hereof.

         7.2 BY RMR. RMR shall indemnify, defend and hold the Company and its
subsidiaries and their respective directors, trustees, officers, employees and
agents harmless from and against Losses and Expenses suffered by them by reason
of or arising out of any willful bad faith or gross negligence in the
performance of any obligation or agreement of RMR herein.

                                      -7-
<Page>

         7.3 COMPANY REMEDIES. Except as otherwise provided in subsection 7.2
hereof, RMR does not assume any responsibility under this Agreement other than
to render the Services called for under this Agreement in good faith. Except as
otherwise provided in subsection 7.2 hereof, the Company's remedy on account of
the failure of RMR to render the Services as and when required hereunder shall
be to terminate this Agreement; provided however, that if RMR acts with willful
bad faith or gross negligence, the Company's remedy shall be to procure services
elsewhere and to charge RMR the difference between the reasonable increased
cost, if any, to procure new services, and the Service Fee, pro-rated, that
would have been payable to RMR had RMR performed such Services under this
Agreement.

         7.4 RMR REMEDIES. Except as otherwise provided in subsection 7.1, the
Company does not assume any responsibility under this Agreement other than to
pay the Service Fee in accordance with the terms of this Agreement. Except as
otherwise provided in subsection 7.1, RMR's sole remedy on account of the
failure of the Company to pay the Service Fee as and when required under this
Agreement shall be to terminate this Agreement and receive the Service Fee
payable for the then remaining Initial Term or Renewal Term of this Agreement,
as the case may be.

                                   Section 8.
                          RELATIONSHIP OF THE PARTIES.

         8.1 NO PARTNERSHIP OR JOINT VENTURE. The parties are not partners or
joint venturers with each other and neither the terms of this Agreement nor the
fact that the Company and RMR have joint interests in any one or more
investments, have common employees or have a tenancy relationship shall be
construed so as to make them partners or joint venturers or impose any liability
on either of them.

         8.2 CONFLICTS OF INTEREST. The parties acknowledge that, as of the date
hereof, (i) the Company and its subsidiaries lease all or substantially all of
their real estate from HPT and may enter into additional leases or other
transactions with HPT, and (ii) RMR is the investment advisor to HPT pursuant to
an advisory agreement. The parties agree that these relationships shall not
affect either party's rights and obligations under this Agreement; PROVIDED,
HOWEVER, the Company acknowledges and agrees that whenever any conflicts of
interest arise resulting from the relationships described in this subsection 8.2
or any such relationship as may arise or be present in the future by and between
the Company and any of RMR, Affiliates of RMR or any publicly owned entity with
whom RMR has a relationship or contract: (i) RMR will act on its own behalf and
on behalf of HPT or such entity and not on the Company's behalf, and (ii) the
Company shall make its own decisions and require and obtain the advice and
assistance of independent third parties at its own cost, as it may deem
necessary.

                                   Section 9.
                                    RECORDS.

         RMR shall maintain appropriate books and records relating to Services
performed pursuant to this Agreement, which books and records shall be available
for inspection by representatives of the Company upon reasonable notice during
ordinary business hours.

                                      -8-
<Page>

                                   Section 10.
                                   ASSIGNMENT.

         The Company may terminate this Agreement in the event of its assignment
by RMR except in the case of an assignment to a corporation, partnership, trust,
or other successor entity which may take over the property and carry on the
affairs of RMR; provided that, following such a permitted assignment, one or
more of the persons who controlled the operations of RMR immediately prior to
the assignment shall control the operations of the successor, including the
performance of its duties under this Agreement, and this successor shall be
bound by the same restrictions by which RMR was bound prior to such assignment.
A permitted assignment or any other assignment of this Agreement by RMR shall
bind the assignee hereunder in the same manner as RMR is bound hereunder. This
Agreement shall not be assignable by the Company without the prior written
consent of RMR, except in the case of any assignment by the Company to a trust,
corporation, partnership or other entity which is the successor to the Company
(so long as there is no Change in Control), in which case the successor shall be
bound hereby and by the terms of said assignment in the same manner and to the
same extent as the Company is bound hereby. For purposes of this Agreement, a
"CHANGE IN CONTROL" shall mean (a) the acquisition by any person or entity (each
a "PERSON"), or two or more Persons acting in concert, of beneficial ownership
(within the meaning of Rule 13d-3 of the SEC) of 9.8% or more, or rights,
options or warrants to acquire 9.8% or more, of the outstanding shares of voting
stock of the Company, (b) any one or more sales or conveyances to any Person of
all or any material portion of the assets (including capital stock) or business
of the Company, or (c) the cessation, for any reason, of the individuals who at
the beginning of any twenty-four (24) consecutive month period commencing on the
date hereof, or any anniversary thereof, constitute the Board of Directors of
the Company (together with any new directors whose election by such Board or
whose nomination for election by the shareholders of the Company, was approved
by a vote of a majority of the directors then still in office who were either
directors at the beginning of any such period or whose election or nomination
for election was previously so approved) to constitute a majority of the Board
of Directors of the Company then in office.

                                   Section 11.
                                  ARBITRATION.

         Any and all disputes and disagreements arising out of or relating to
this Agreement, other than actions or claims for injunctive relief or claims
raised in actions or proceedings brought by third parties, shall be resolved
through negotiations or, if the dispute is not so resolved, through binding
arbitration conducted in Boston, Massachusetts under the JAMS Comprehensive
Arbitration Rules and Procedures (as revised February 19, 2005), with the
following amendments to those rules. First, in no event shall the arbitration
from commencement to issuance of an award take longer than 180 days. Second, the
arbitration tribunal shall consist of three arbitrators and the optional appeal
procedure provided for in Rule 34 shall not be utilized. Third, in lieu of the
one deposition permitted in Rule 17(c) as of right and the optional further
depositions that may be allowed, the only deposition per side shall be a single
individual or entity deposition to last no longer than one seven-hour day that
each party may take of the opposing party or an individual under the control of
the opposing party.

                                      -9-
<Page>

                                   Section 12.
                                 MISCELLANEOUS.

         12.1 NOTICES.

              (a) Any and all notices, demands, consents, approvals, offers,
elections and other communications required or permitted under this Agreement
shall be deemed adequately given if in writing and the same shall be delivered
either in hand, or by telecopy or by Federal Express or similar expedited
commercial carrier, addressed to the recipient of the notice, and with all
freight charges prepaid (if by Federal Express or similar carrier).

              (b) All notices required or permitted to be sent hereunder shall
be deemed to have been given for all purposes of this Agreement upon the date of
receipt or refusal, except that whenever under this Agreement a notice is either
received on a day which is not a business day or is required to be delivered on
or before a specific day which is not a business day, the day of receipt or
required delivery shall automatically be extended to the next business day.

              (c) All such notices shall be addressed:

         If to the Company, to:

                  TravelCenters of America LLC
                  24601 Center Ridge Road
                  Westlake, Ohio  44145
                  Attn:  John R. Hoadley
                  Telecopy no:  ___________________________

         If to RMR, to:

                  Reit Management & Research LLC
                  400 Centre Street
                  Newton, Massachusetts  02458
                  Attn:  John Popeo
                  Telecopy no:  (617) 969-1437

              (d) By notice given as herein provided, the parties hereto and
their respective successors and assigns shall have the right from time to time
and at any time during the term of this Agreement to change their respective
addresses effective upon receipt by the other parties of such notice and each
shall have the right to specify as its address up to two other addresses within
the United States of America.

         12.2 ENTIRE AGREEMENT.

         This Agreement constitutes and sets forth the entire agreement and
understanding of the parties pertaining to the subject matter hereof, and no
prior or contemporaneous written or oral agreements, understandings,
undertakings, negotiations, promises, discussions, warranties or covenants not
specifically referred to or contained herein or attached hereto shall be valid
and enforceable. No supplement, modification, termination in whole or in part,
or waiver of this

                                      -10-
<Page>

Agreement shall be binding unless executed in writing by the party to be bound
thereby. No waiver of any of the provisions of this Agreement shall be deemed,
or shall constitute, a waiver of any other provision hereof (whether or not
similar), nor shall any such waiver constitute a continuing waiver unless
otherwise expressly provided.

         12.3 BINDING EFFECT.

         This Agreement shall be binding upon and shall inure to the benefit of
the parties hereto, each of their respective successors and permitted assigns.

         12.4 SEVERABILITY.

         If any provision of this Agreement shall be held invalid by a court
with jurisdiction over the parties to this Agreement, then and in that event
such provision shall be deleted from the Agreement, which shall then be
construed to give effect to the remaining provisions thereof. If any one or more
of the provisions contained in this Agreement or in any other instrument
referred to herein shall, for any reason, be held to be invalid, illegal or
unenforceable in any respect, then in that event, to the maximum extent
permitted by law, such invalidity, illegality or enforceability shall not affect
any other provisions of this Agreement or any other such instrument.

         12.5 COUNTERPARTS.

         This Agreement may be executed in one or more counterparts, each of
which shall be deemed an original, but all of which taken together shall be
considered one and the same instrument.

         12.6 AMENDMENTS.

         The Agreement shall not be amended, changed, modified, terminated, or
discharged in whole or in part except by an instrument in writing signed by each
of the parties hereto, or by their respective successors or assigns.

         12.7 GOVERNING LAW.

         This Agreement shall be interpreted, construed, applied and enforced in
accordance with the laws of The Commonwealth of Massachusetts applicable to
contracts between residents of Massachusetts which are to be performed entirely
within Massachusetts.

         12.8 INTERPRETATION.

         The Company and RMR agree and covenant to construe the provisions of
and give effect to this Agreement in such a manner to enable HPT to continue to
comply with its REIT qualification requirements under applicable tax laws.

                                      -11-
<Page>

         12.9 CAPTIONS.

         The headings and titles of the various paragraphs of this Agreement are
inserted merely for the purpose of convenience, and do not expressly or by
implication limit, define, extend or affect the meaning or interpretation of
this Agreement or the specific terms or text of the paragraph so designated.

         12.10 ATTORNEYS' FEES.

         If any arbitration or legal action is brought for the enforcement of
this Agreement, or because of an alleged dispute, breach, default or
misrepresentation in connection with any of the provisions of this Agreement,
the successful or prevailing party or parties shall be entitled to recover
reasonable attorneys' fees and other costs incurred in that arbitration or
action in addition to any other relief to which it or they may be entitled.

         12.11 SURVIVAL.

         The provisions of SECTION 7 and subsections 1.1(m), 1.2, 1.4 and 3.3 of
this Agreement will survive the termination hereof.

                  [Remainder of page intentionally left blank.]

                                      -12-
<Page>

         IN WITNESS WHEREOF, the parties hereto have executed this Agreement as
of the date first above written.

                                       TRAVELCENTERS OF AMERICA LLC

                                       By:
                                          -------------------------------------
                                          Name:
                                          Title:

                                       REIT MANAGEMENT & RESEARCH LLC

                                       By:
                                          -------------------------------------
                                          Name:  Jennifer B. Clark
                                          Title: Vice President

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