Document:

<PAGE>

                                                                    EXHIBIT 10.1

                              EMPLOYMENT AGREEMENT

         THIS EMPLOYMENT AGREEMENT (this "Agreement") is made and entered into
as of March 29, 2000, by and between COLLINS & AIKMAN PRODUCTS CO., a Delaware
corporation (the "Company"), and FRANK J. PRESTON ("Employee").

                               W I T N E S S E T H

         WHEREAS, the Company wishes to retain Employee's services by providing
Employee the compensation and benefits set forth in this Agreement;

         NOW, THEREFORE, in consideration of the mutual agreements contained
herein, the parties agree as follows:

         1. Term of Employment. The Company hereby agrees to employ Employee,
and Employee hereby accepts employment, for a period of approximately 3 years,
commencing April 19, 2000 and ending April 30, 2003, subject to the terms and
conditions of this Agreement. The initial 3 year term of Employee's employment
under this Agreement shall be automatically extended, without further action by
either the Company or Employee, for 1 additional year commencing on the first
anniversary of the date of Employee's employment hereunder and continuing on
each subsequent anniversary date of Employee's employment hereunder. Either
party may terminate such automatic extension of this Agreement by giving the
other party written notice of intent not to extend at least 60 days prior to an
anniversary date of Employee's employment hereunder. In the event such notice of
intent not to extend is properly delivered, this Agreement shall expire at the
end of the 3 year term then in progress.

         2. Position of Employment. During the term of this Agreement, Employee
shall be employed in the position of President - Collins & Aikman North American
Interior Systems Group and shall perform such services for the Company and its
affiliates as may be assigned to him from time to time by the Chairman or the
Board of Directors of the Company. Employee shall devote his full time and
attention to the affairs of the Company and his duties in such position. The
initial location of Employee's employment hereunder shall be the Company's
Global Headquarters in Troy, Michigan.

         Nothing in this Agreement shall prohibit Employee from participating in
civic or community organizations or from making passive investments using his
personal assets so long as such participation and investments do not interfere
with the performance of Employee's duties under this Agreement. In addition,
Employee may, with the prior written approval of the Chairman or the Board of
Directors of the Company, serve as a member of the board of directors of any
business that is not a direct or indirect competitor of the Company and its
affiliates.

         3.  Compensation.

         (a) Base Salary. The Company shall pay to Employee base salary at an
annual rate of not less than $350,000 during the term of his employment
hereunder. Such amount shall be
<PAGE>

reviewed annually by the Board of Directors of the Company or an appropriate
committee thereof (the Company's Board of Directors or such committee being
referred to herein as the "Compensation Board") and may be increased in the sole
discretion of the Compensation Board.

         (b) Bonus Plans. During the term of Employee's employment hereunder,
Employee shall be eligible to participate in the Company's annual Executive
Incentive Compensation Plan (the "EIC Plan") in accordance with the applicable
provisions of the EIC Plan. The standard bonus for Employee under the EIC Plan
shall be fifty percent (50%) of Employee's base salary. Employee shall be
entitled to receive a full bonus under the EIC Plan for the 2000 fiscal year
notwithstanding Employee's commencement of employment on or before May 1, 2000
and Employee's bonus for the 2000 fiscal year shall in no event be less than
$87,500.

         (c) Stock Options. Employee shall be eligible to participate in the
Collins & Aikman Corporation Employee Stock Option Plans (collectively, the
"Option Plan") and shall be granted the option to purchase up to 100,000 shares
of the Common Stock of Collins & Aikman Corporation, in accordance with the
applicable terms and conditions of the Option Plan and an Option Agreement
between Collins & Aikman Corporation and Employee to be entered into, dated and
effective as of the date Employee's employment under this Agreement commences.
The option price for all such shares shall be the closing price of Collins &
Aikman Corporation shares on the New York Stock Exchange as of such date .
Subject to the terms and conditions the Option Plan and the Option Agreement,
the option of Employee to purchase up to the 100,000 shares shall vest as
follows:

<TABLE>
<CAPTION>
                                          TOTAL NUMBER OF
       VESTING DATE                       SHARES VESTED              PERCENTAGE VESTED
<S>                                           <C>                         <C>
One year from date of grant                   33,334                      33 1/3%
Two years from date of grant                  66,667                      66 2/3%
Three years from date of grant               100,000                         100%
</TABLE>

         4.  Benefits and Perquisites.

         (a) General. Employee shall be entitled to such fringe benefits and
perquisites, and to participate in such pension, profit sharing and benefit
plans as are generally made available to executives of the Company during the
term hereof, including consideration for annual stock option awards, major
medical, extended medical and disability insurance, supplemental retirement
income plan, group term life insurance and appropriate annual holidays, sick
days and vacation time with no fixed schedule.

         (b) Company Automobile. The Company shall furnish to Employee the use
of a Buick Park Avenue or comparable automobile or an annual allowance of $9,000
(grossed up for applicable taxes) and shall reimburse Employee for normal
gasoline and maintenance charges for the operation thereof, subject to proper
allocation of personal use for income tax purposes.

         (c) Relocation Expenses. The Company acknowledges that Employee's
principal residence is currently located in Plymouth, Michigan and that Employee
is not required to relocate his residence to the Troy, Michigan area as a
condition of his employment hereunder

                                       2
<PAGE>

with the Company. However, if Employee voluntarily elects to relocate his
principal residence to the Troy, Michigan area at any time during the first 2
years of his employment hereunder, the Company shall reimburse Employee for the
reasonable expenses incurred by Employee in connection with such relocation,
including without limitation, any broker's commission incurred in connection
with the sale of Employee's current principal residence and the costs incurred
by Employee in connection with closing the sale of his current principal
residence and the purchase of a new principal residence. In addition, the
Company shall purchase Employee's current principal residence in the event such
residence is not sold within 90 days after being listed with a sales agent. All
such reimbursements and any purchase of Employee's current residence shall be
made in accordance with the Company's Relocation Policy.

         5. Reimbursement of Expenses. The Company shall reimburse Employee for
all reasonable travel, entertainment and other reasonable business expenses
reasonably incurred by Employee in connection with the performance of his duties
hereunder, provided that Employee furnishes to the Company adequate records or
other evidence respecting such expenditures.

         6. Termination of Employment. Employee's employment under this
Agreement may be terminated:

            (a) by the Company upon Employee's death (which shall be referred
         to as a "Death Termination") or Employee's physical or mental
         disability for any consecutive six-month period (measured from the
         first date on which Employee is absent from work due to such disability
         to the same date in the sixth succeeding calendar month, or, if there
         is no such date or such date is not a business day, the next succeeding
         business day) (which shall be referred to as an "Inability
         Termination");

            (b) by the Company for Cause, which means (i) fraud or
         misappropriation with respect to the business of the Company or
         intentional material damage to the property or business of the Company,
         (ii) willful failure by Employee to perform his duties and
         responsibilities and to carry out his authority, (iii) willful
         malfeasance or misfeasance or breach of fiduciary duty or
         representation to the Company or its stockholders, (iv) willful failure
         to act in accordance with any specific lawful instructions of a
         majority of the Board of Directors of the Company, or (v) conviction of
         Employee of a felony (which shall be referred to as a "For Cause
         Termination");

            (c) by the Company at any time for any reason other than a For
         Cause Termination, Death Termination or Inability Termination (which
         shall be referred to as a "No Cause Termination");

            (d) by Employee at any time for any reason other than a
         "Constructive Termination" (as defined below) (which shall be referred
         to as a "Voluntary Termination"); or

            (e) by Employee within 30 days after the occurrence of one or more
         of the following: (i) any reduction in Employee's base salary, unless
         such reduction is being made in conjunction with an across-the-board
         reduction in the salaries of all senior

                                       3
<PAGE>

         executives of the Company in response to adverse economic conditions,
         (ii) a material breach of this Agreement by the Company, (iii) a
         material reduction in Employee's total compensation and benefits
         package or (iv) the Company's giving notice of the non-renewal of this
         Agreement upon an anniversary date of Employee's employment hereunder
         pursuant to Paragraph 1 hereof (which shall be referred to as a
         "Constructive Termination"); provided, however, no event or
         circumstance described in clause (ii) or (iii) shall give rise to a
         "Constructive Termination" for purposes of this Agreement unless
         Employee shall have given notice to the Company of Employee's
         determination of the occurrence of an event or circumstance described
         in clause (ii) or (iii) and such event or circumstance shall be
         continuing as of the end of 45 days after the giving of such notice.

For purposes of Paragraph 6(c), no act or failure to act on Employee's part
shall be considered "willful" unless knowingly done or failed to be done by
Employee in bad faith and without the reasonable belief that Employee's action
or omission was in the best interest of the Company.

         7.  Termination Procedure.

         (a) Notice of Termination. Any termination of Employee's employment by
the Company or by Employee under Paragraph 6 hereof shall be communicated by
written Notice of Termination to the other party hereto in accordance with
Paragraph 13. For purposes of this Agreement, a "Notice of Termination" shall
mean a notice that indicates the specific termination provision in this
Agreement relied upon and sets forth in reasonable detail the facts and
circumstances providing a basis for termination of Employee's employment under
the provision so indicated.

         (b) Termination Date. " Termination Date" shall mean (i) if Employee's
employment is terminated pursuant to Paragraph 6(a) or (b) above, the date on
which a Notice of Termination is given or (ii) if Employee's employment is
terminated pursuant to Paragraph 6(c), (d) or (e) above, 30 days after the date
on which a Notice of Termination is given.

         8.  Benefits Upon Termination.

         (a) Termination as a Result of Death Termination or Inability
Termination. If Employee's employment under this Agreement is terminated prior
to the expiration of the term of this Agreement as a result of a Death
Termination or an Inability Termination, the Company shall pay Employee or, if
applicable, Employee's estate or legal representative, (i) Employee's unpaid
base salary under Paragraph 3(a) accrued to the date on which his employment
terminates (the "Termination Date"), (ii) 12 months of Employee's base salary
based on the rate of base salary in effect immediately preceding the Termination
Date and (iii) if Employee's employment is terminated as a result of an
Inability Termination, an amount equal to the average annual bonus paid or
payable to Employee for the 2 fiscal years of the Company immediately prior to
the fiscal year in which the Termination Date occurs.

         (b) Termination as a Result of Voluntary Termination or For Cause
Termination. If Employee's employment under this Agreement is terminated prior
to the expiration of the term of this Agreement as a result of a Voluntary
Termination or a For Cause Termination, the

                                       4
<PAGE>

Company shall pay Employee (i) his unpaid base salary under Paragraph 3(a)
accrued to the Termination Date, (ii) any accrued but unused vacation and (iii)
all vested and accrued benefits earned by Employee under any employee benefit
plans and programs sponsored by the Company in which Employee participates.

         (c) Termination as a Result of No Cause Termination or Constructive
Termination. If Employee's employment under this Agreement is terminated prior
to the expiration of the term of this Agreement as a result of a No Cause
Termination or a Constructive Termination, the Company shall pay and provide to
Employee the following benefits:

             (i)   Employee's unpaid base salary accrued to the Termination
         Date and any accrued but unused vacation;

             (ii)  base salary for the greater of (A) 12 months or (B) the
         remaining term of this Agreement, based on the rate of base salary in
         effect immediately preceding the Termination Date;

             (iii) an amount equal to the average annual bonus paid or
         payable to Employee for the 2 fiscal years of the Company immediately
         prior to the fiscal year in which the Termination Date occurs; and

             (iv)  continued participation in the benefit plans, programs
         and arrangements described in Paragraphs 4(a) and (b) during the
         severance period described in Paragraph 8(c)(ii) above.

         In addition, all outstanding stock options granted to Employee under
the Option Plan will immediately vest upon a No Cause Termination or a
Constructive Termination prior to the expiration of the term of this Agreement
and will continue to be fully exercisable until the earlier of 12 months after
the Termination Date or the original expiration date of said options. The
Company shall also cause Employee to receive all vested and accrued benefits
earned by Employee under all employee benefit plans and programs sponsored by
the Company in which Employee participates.

         (d) Method of Payment of Severance Compensation. The amount due to
Employee pursuant to Paragraph 8(a)(ii) or 8(c)(ii) above shall be paid on a
periodic basis in accordance with the Company's normal pay practice. The amount
due to Employee pursuant to Paragraph 8(a)(iii) or 8(c)(iii) above shall be paid
in a lump sum within 30 days of the Termination Date.

         9.  Representations and Covenants of Employee.

         (a) Conduct. Employee will at all times refrain from taking any action
or making any statements, written or oral, which are intended to and do
disparage the goodwill or reputation of the Company or any of its subsidiaries
or affiliates or any directors or officers thereof or which could adversely
affect the morale of employees of the Company or its subsidiaries.

                                       5
<PAGE>

         (b) Performance of Duties. In consideration of the payments to be made
hereunder, Employee agrees that during the term of his employment under this
Agreement, he shall devote his entire business time and attention to the
performance of his duties hereunder, serve the Company diligently and to the
best of his abilities. Employee further agrees not compete with the Company or
its subsidiaries in any way whatsoever within Europe or the United States during
the term of employment under this Agreement and after the Termination Date
during the period of base salary continuation under Paragraph 8(c)(ii). Without
limiting the generality of the foregoing, Employee shall not, during any such
applicable period of time, directly or indirectly (whether for compensation or
otherwise), alone or as an agent, principal, partner, officer, employee,
trustee, director, shareholder or in any other capacity, own, manage, operate,
join, control or participate in the ownership, management, operation or control
of, or furnish any capital to, or be connected in any manner with or provide any
services as a consultant for any business which competes with the business of
the Company, its parent company or their subsidiaries or affiliates as it may be
conducted from time to time; provided, however, that notwithstanding the
foregoing, nothing contained in the Agreement shall be deemed to preclude
Employee from owning not more than 5% of the publicly traded securities of any
entity which is in competition with the business of the Company, its parent
company or their subsidiaries or affiliates.

         (c) Company Information. Employee agrees that so long as he is employed
by the Company and following any termination of his employment Employee will
keep confidential all confidential information and trade secrets of the Company
and any of its subsidiaries or affiliates and will not disclose such information
to any person without the prior approval of the Board of Directors of the
Company or use such information for any purpose other than in the course of
fulfilling his duties of employment with the Company pursuant to this Agreement.
It is understood that for purposes of this Agreement the term "confidential
information" is to be construed broadly to include all material nonpublic or
proprietary information.

         10. Release. In consideration of the compensation continuance available
in certain events pursuant to this Agreement, Employee unconditionally releases
and covenants not to sue the Company and its subsidiaries and affiliates and
directors, officers, employees and stockholders thereof, from any and all
claims, liabilities and obligations of any nature pertaining to termination of
employment other than those explicitly provided for by this Agreement including,
without limitation, any claims arising out of alleged legal restrictions on the
Company's rights to terminate its employees, such as any implied contract of
employment or termination contrary to public policy.

         11. Governing Law. The validity, interpretation and performance of this
Agreement shall be governed by the laws of Michigan, regardless of the laws that
might be applied under applicable principles of conflicts of laws.

         12. Entire Agreement and Survivorship. This Agreement constitutes the
entire agreement and understanding between the parties hereto with respect to
the matters referred to herein and supersedes all prior agreements and
understandings between the parties hereto with respect to the matters referred
to herein. The representations, warranties and covenants of

                                       6
<PAGE>

Employee contained in all parts of Paragraph 9, and the release contained in
Paragraph 10 shall survive expiration or termination of this Agreement by either
party.

         13. Notice. Any written notice required to be given by one party to the
other party hereunder shall be deemed effective if mailed by certified or
registered mail:

             To the Company:                    Collins & Aikman Products Co.
                                                701 McCullough Drive
                                                Charlotte, North Carolina 26262
                                                Attention: Greg Tinnell

             To Employee:                       Frank J. Preston
                                                13557 Westbrook Road
                                                Plymouth, Michigan 48170

or such other address as may be stated in notice given under this Paragraph 13.

         14. Severability. The invalidity, illegality or enforceability of any
provision of this Agreement in any jurisdiction shall not affect the validity,
legality or enforceability of the remainder of this Agreement in such
jurisdiction or the validity, legality or enforceability of this Agreement or
such provision in any other jurisdiction, it being the intent of the parties
hereto that all rights and obligations of the parties hereto under this
Agreement shall be enforceable to the fullest extent permitted by law.

         15. Successors and Assigns. This Agreement shall be binding upon and
inure to the benefit of the parties hereto and their personal representatives,
and, in the case of the Company, its successors and assigns, and Paragraph 10
shall also inure to the benefit of the other persons and entities identified
therein; provided, however, that Employee shall not, without the prior written
consent of the Company, transfer, assign, convey, pledge or encumber this
Agreement or any interest under this Agreement. Employee understands that the
assignment of this Agreement or any benefits hereof or obligations hereunder by
the Company to any of its subsidiaries or affiliates or to any purchaser of all
or a substantial portion of the assets of the Company or of any affiliated
company then employing Employee, and the employment of Employee by such
subsidiary or affiliate or by any such purchaser or by any successor of the
Company in a merger or consolidation, shall not be deemed a termination of
Employee's employment for purposes of Paragraphs 6, 7 and 8 or otherwise.

         16. Amendment. This Agreement may be amended or canceled only by an
instrument in writing duly executed and delivered by each party to this
Agreement.

         17. Headings. Headings contained in this Agreement are for or
convenience only and shall not limit this Agreement or affect the interpretation
thereof.

                                       7
<PAGE>

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

                                            /s/ Frank J. Preston
                                            ------------------------------------
                                            Frank J. Preston

                                            COLLINS & AIKMAN PRODUCTS CO.

                                            By:  /s/ Greg Tinnell
                                                 -------------------------------
                                                 Greg Tinnell, Senior Vice
                                                 President - Human Resources

                                       8<PAGE>

                                                                   EXHIBIT 10(o)

                            INTERCOMPANY AGREEMENT

     THIS INTERCOMPANY AGREEMENT (the "Agreement") is made and entered into as
of the 12th day of October, 1999, among RRF Limited Partnership, a Delaware
limited partnership (the "Operating Partnership"), InnSuites Hotels, Inc., a
Nevada corporation ("InnSuites Lessee"), and InnSuites Innternational Hotels,
Inc., a Nevada corporation ("InnSuites Management") (InnSuites Lessee and
InnSuites Management sometimes being collectively referred to herein as the
"Tenants").

                             W I T N E S S E T H:
                             -------------------

     WHEREAS, InnSuites Hospitality Trust, an Ohio real estate investment trust
("InnSuites Trust"), owns, directly or indirectly, an approximate 42.5 percent
general partnership in the Operating Partnership;

     WHEREAS, the Operating Partnership may in certain circumstances determine
that it is precluded from pursuing, or is limited in the manner in which it
pursues, various business opportunities due to the status of InnSuites Trust as
a real estate investment trust ("REIT") under sections 856 through 860 of the
Internal Revenue Code of 1986, as amended (the "Code");

     WHEREAS, InnSuites Lessee is a corporation formed for the purposes of,
among other things, to be a lessee of real estate owned by the Operating
Partnership;

     WHEREAS, InnSuites Management is a recently created corporation that
operates the real estate leased by InnSuites Lessee from the Operating
Partnership, and was formed for the purposes of, among other things, becoming a
lessee and/or operator of various types of assets, including real estate owned
by the Operating Partnership and others; and

     WHEREAS, in light of the current operations of InnSuites Lessee and the
purposes for which InnSuites Management was formed, the Operating Partnership,
InnSuites Lessee, and InnSuites Management desire to enter into this Agreement
in order to provide to each other a right of first opportunity and notification
right with respect to certain investment opportunities available to each of
them.

     NOW, THEREFORE, in consideration of the premises and mutual undertakings
herein, and for other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged by each of the parties hereto, the
undersigned parties hereby agree as follows:

                                      -1-
<PAGE>

     1.   Definitions.  Except as may be otherwise herein expressly provided,
the following terms and phrases shall have the meanings set forth below:

          (a) "Company Affiliate" means any entity in which a majority of the
     beneficial ownership interests are owned by the Operating Partnership or by
     any entity controlled by, controlling or under common control with the
     Operating Partnership.

          (b) "Insider" means James F. Wirth or any senior officer or director
     of the Operating Partnership or of any entity controlled by, controlling or
     under common control with the Operating Partnership.

          (c) "REIT Opportunity" means a direct or indirect opportunity to
     invest in (i) real estate (including without limitation the opportunity to
     provide services related to real estate or to invest in a hotel property),
     real estate mortgages, real estate derivatives, or entities that invest
     primarily in or have a substantial portion of their assets in the
     aforementioned types of real estate assets, or (ii) any other investments
     which may be structured in a manner so as to be REIT-Qualified Investments
     (as hereinafter defined), as determined by the Operating Partnership in its
     sole discretion. The Operating Partnership shall have the right from time
     to time to provide written notice to InnSuites Management and InnSuites
     Lessee specifying certain criteria for a REIT Opportunity in addition to
     the criteria specified above in this definition of REIT Opportunity. Any
     such written notice from the Operating Partnership may be modified or
     canceled by written notice given by the Operating Partnership at any time.
     The definition of REIT Opportunity shall be modified as appropriate from
     time to time in accordance with any such written notices sent by the
     Operating Partnership.

          (d) "Tenant Opportunity" means the opportunity for InnSuites Lessee to
     become the lessee under a "master" lease arrangement of a property owned or
     subsequently acquired by the Operating Partnership if the Operating
     Partnership, in its sole discretion, determines that, consistent with the
     status of InnSuites Trust as a REIT, the Operating Partnership is required
     to enter into such a "master" lease arrangement for such property,
     including without limitation a hotel or similar type of facility, so long
     as the Operating Partnership determines, in its sole discretion, that
     InnSuites Lessee, or an entity controlled by InnSuites Lessee, is qualified
     to be the lessee based on experience in the industry and financial and
     legal qualifications, provided that all determinations relating to both (i)
     the ability or inability of the Operating Partnership to pursue an
     opportunity or acquire assets and (ii) the necessity for the Operating
     Partnership to enter into a "master" lease arrangement for a property,
     shall be made by the Operating Partnership in its sole discretion. A Tenant
     Opportunity shall not include (1) a property which already has an existing
     "master" lessee as of the date of this Agreement (or, with respect to a
     property acquired subsequent to the date of this Agreement, which has an
     existing binding "master" lessee arrangement that predates the acquisition
     of the property by the Operating Partnership, provided that the Operating
     Partnership shall offer any such "master" lessee interest to InnSuites
     Lessee if the lessee interest subsequently becomes available), or (2) an
     opportunity in which the seller of the property (or any affiliate or
     designee of the seller) desires to enter into a "master" lease agreement
     with the Operating

                                      -2-
<PAGE>

     Partnership. InnSuites Lessee shall have the right from time to time to
     provide written notice to the Operating Partnership specifying certain
     criteria for a Tenant Opportunity in addition to the criteria specified
     above in this definition of Tenant Opportunity. Any such written notice
     from InnSuites Lessee may be modified or canceled by written notice given
     by InnSuites Lessee at any time. The definition of Tenant Opportunity shall
     be modified as appropriate from time to time in accordance with any such
     written notices sent by InnSuites Lessee.

          (e) "Operating Opportunity" means the opportunity for InnSuites
     Management to become the operator under an operating arrangement for any
     and all properties which are the subject of a "master" lease arrangement
     between the Operating Partnership and InnSuites Lessee pursuant to this
     Agreement. An Operating Opportunity shall not include a property which
     already has an existing operating arrangement as of the date of this
     Agreement (or, with respect to a property acquired subsequent to the date
     of this Agreement, which has an existing binding operating arrangement that
     predates the lease of the property by InnSuites Lessee, provided that
     InnSuites Lessee shall offer any such operating interest to InnSuites
     Management if the operating interest subsequently becomes available).
     InnSuites Management shall have the right from time to time to provide
     written notice to InnSuites Lessee specifying certain criteria for an
     Operating Opportunity in addition to the criteria specified above in this
     definition of Operating Opportunity. Any such written notice from InnSuites
     Management may be modified or canceled by written notice given by InnSuites
     Management at any time. The definition of Operating Opportunity shall be
     modified as appropriate from time to time in accordance with any such
     written notices sent by InnSuites Management.

     2.   Operating Partnership Right of First Opportunity; Notification Right.

          (a)  Right of First Opportunity.

               (i) During the term of this Agreement, if either of the Tenants
          develops a REIT Opportunity, or if any REIT Opportunity otherwise
          becomes available to them, such Tenant shall first offer such REIT
          Opportunity to the Operating Partnership. The offer shall be made by
          written notice from the appropriate Tenant to the Operating
          Partnership (the "REIT Opportunity Notice"), which REIT Opportunity
          Notice shall contain a detailed description of the material terms and
          conditions of the REIT Opportunity. The Operating Partnership shall
          have ten (10) days (the "REIT Opportunity Period") from the date of
          its receipt of the REIT Opportunity Notice to notify the appropriate
          Tenant in writing that it has accepted or rejected the REIT
          Opportunity. If the Operating Partnership does not so respond by the
          end of the REIT Opportunity Period, the Operating Partnership shall be
          deemed to have rejected the REIT Opportunity. If the Operating
          Partnership accepts a REIT Opportunity, but subsequently decides not
          to pursue such opportunity, or for any other reason fails to
          consummate the REIT Opportunity, the Operating Partnership shall
          immediately provide written notice that it is no longer pursuing such
          REIT Opportunity to both Tenants.

                                      -3-
<PAGE>

               (ii) If the Operating Partnership rejects a REIT Opportunity, or
          accepts such REIT Opportunity but thereafter provides, or is required
          by the provisions hereof to provide, written notice to both Tenants
          that it is no longer pursuing such REIT Opportunity, InnSuites
          Management shall, for a period of one year after the Operating
          Partnership Withdrawal Date (as hereinafter defined) (the "One-Year
          Period"), be entitled to acquire the REIT Opportunity (A) at a price
          and on terms and conditions that are not more favorable to InnSuites
          Management in any material respect than the price and terms and
          conditions set forth in the REIT Opportunity Notice relating to such
          REIT Opportunity, or (B) if the Operating Partnership, at any time
          after the REIT Opportunity Notice, negotiated a different price,
          terms, or conditions with the seller, then at a price, and on terms
          and conditions, that are not more favorable than such price and terms
          and conditions negotiated by the Operating Partnership with the
          seller. If InnSuites Management does not enter into a binding
          agreement to acquire the REIT Opportunity within the One-Year Period,
          InnSuites Lessee shall, for a period of one year following the
          expiration of the One-Year Period, be entitled to acquire the REIT
          Opportunity (A) at a price and on terms and conditions that are not
          more favorable to InnSuites Lessee in any material respect than the
          price and terms and conditions set forth in REIT Opportunity Notice
          relating to such REIT Opportunity, or (B) if the Operating Partnership
          or InnSuites Management, at any time after the REIT Opportunity
          Notice, negotiated a different price, terms, or conditions with the
          seller, then at a price, and on terms and conditions, that are not
          more favorable than such price and terms and conditions negotiated by
          the Operating Partnership or InnSuites Management with the seller. If
          neither InnSuites Management nor InnSuites Lessee enter into a binding
          agreement to acquire the REIT Opportunity within their respective
          allotted periods, or if the price and terms and conditions are more
          favorable to InnSuites Management or InnSuites Lessee in any material
          respect than the price and terms and conditions set forth in the REIT
          Opportunity Notice (or, if applicable, than the price and terms and
          conditions negotiated by the Operating Partnership with the seller
          subsequent to the REIT Opportunity Notice), InnSuites Management or
          InnSuites Lessee (as the case may be) shall again be required to
          comply with the procedures set forth above in Section 2(a)(i) if it
          desires to acquire such REIT Opportunity. The "Operating Partnership
          Withdrawal Date" means any one of the following dates, as applicable:
          (A) the date that the Operating Partnership notifies the appropriate
          Tenant that it has rejected the REIT Opportunity, (B) if the Operating
          Partnership does not respond to such Tenant regarding the REIT
          Opportunity, the expiration date of the Ten-Day Period, or (C) if the
          Operating Partnership accepts the REIT Opportunity but subsequently
          ceases to pursue the opportunity, the earlier of (i) thirty (30) days
          after the date on which the Operating Partnership ceases to pursue the
          REIT Opportunity or (ii) the date of receipt by such Tenant of written
          notice from the Operating Partnership that it is no longer pursuing
          the REIT Opportunity.

               (iii)  Each of the Tenants agrees to use its commercially
          reasonable best efforts to assist the Operating Partnership in
          structuring and consummating any REIT Opportunity accepted by the
          Operating Partnership, on terms determined by

                                      -4-
<PAGE>

          the Operating Partnership (including without limitation structuring
          such investment opportunity as a "REIT-Qualified Investment," as
          hereinafter defined). A "REIT-Qualified Investment" means an
          investment, the income from which would qualify under the 95% gross
          income test set forth in section 856(c)(2) of the Code, the ownership
          of which would not cause a REIT to violate the asset limitations set
          forth in section 856(c)(5) of the Code, and which otherwise meets the
          federal income tax requirements applicable to REITs. Any expenses
          incurred that are directly related to structuring an investment as a
          REIT-Qualified Investment shall be borne solely by the Operating
          Partnership.

          (b) Notification Right.  In the event that either of the Tenants
     develops or becomes aware of any investment opportunity during the term of
     this Agreement (other than a REIT Opportunity), and such Tenant is not
     interested in pursuing such opportunity, or the opportunity is otherwise
     unavailable to the Tenant, such Tenant shall immediately notify the
     Operating Partnership of such opportunity and provide to the Operating
     Partnership a copy of all written information, and a description of all
     material terms not set forth in writing, available to the Tenant concerning
     such opportunity.

     3.   Operating Partnership Right of First Opportunity Following Tenant
          Acquisition of a REIT Opportunity

          (a) If either of the Tenants acquires a REIT Opportunity pursuant to
the provisions of Section 2(a)(ii) of this Agreement and desires to sell,
dispose, or otherwise transfer any portion of its interest in such REIT
Opportunity within five (5) years of the acquisition of such REIT Opportunity (a
"Disposition Opportunity"), such Tenant shall first offer such Disposition
Opportunity to the Operating Partnership. The offer shall be made by written
notice from the appropriate Tenant to the Operating Partnership (the
"Disposition Opportunity Notice"). The Operating Partnership shall have thirty
(30) days (the "Thirty-Day Disposition Period") from the date of its receipt of
the Disposition Opportunity Notice regarding such Disposition Opportunity to
notify the appropriate Tenant in writing that it has accepted or rejected the
Disposition Opportunity. If the Operating Partnership does not so respond by the
end of the Thirty-Day Disposition Period, the Operating Partnership shall be
deemed to have rejected the Disposition Opportunity. If the Operating
Partnership accepts a Disposition Opportunity, but subsequently decides not to
pursue such opportunity, or for any other reason fails to consummate such
Disposition Opportunity, the Operating Partnership shall immediately provide
written notice that it is no longer pursuing such Disposition Opportunity to the
appropriate Tenant.

          (b) If the Tenant does not enter into a binding agreement to exercise
the Disposition Opportunity within one year of the termination of the Thirty-Day
Disposition Period, the Tenant shall again be required to comply with the
procedures set forth above in Section 3(a) if it desires to exercise such
Disposition Opportunity.

                                      -5-
<PAGE>

     4.   Operating Partnership Option to Purchase Following Tenant Acquisition
          of a REIT Opportunity

          (a) If either of the Tenants acquires a REIT Opportunity pursuant to
the provisions of Section 2(a)(ii) of this Agreement, such Tenant shall grant
the Operating Partnership an option to acquire (an "Option") the property that
was the subject of such REIT opportunity. The Operating Partnership may exercise
an Option for an amount equal to the greater of (i) 90% of the value of an
Option Property established by an appraisal conducted by a Member of the
Appraisal Institute (MAI) (which appraisal shall be completed within sixty (60)
days of the delivery of an exercise notice to the Operating Partnership), or
(ii) the sum of (A) the total cost to the Tenant to acquire such Option
Property, (B) any interest charges or expenses incurred by the Tenant relating
to, and during its ownership of, such Option Property, (C) any net operating
losses incurred by the Tenant relating to its ownership of such Option Property,
and (D) an annual return of ten percent (10%) computed on the equity invested by
Tenant in the Option Property. The Operating Partnership shall have thirty (30)
days (the "Thirty-Day Period") from the date of its receipt of the MAI appraisal
report regarding such Option to notify the appropriate Tenant in writing that it
has decided to proceed to acquire the Option Property. If the Operating
Partnership does not so respond by the end of the Thirty-Day Period, the
Operating Partnership shall be deemed to have rejected the Option.

          (b) An Option shall be exercisable until the earlier to occur of (i)
three (3) years from the date of Tenant's acquisition of an Option Property, or
(ii) the prior disposition of such Option Property in accordance with the
provisions of this Agreement.

     5.   InnSuites Lessee Right of First Opportunity for Tenant Opportunity.

          (a) From and after the date hereof, and throughout the remaining term
of this Agreement, if the Operating Partnership develops a Tenant Opportunity,
or if a Tenant Opportunity otherwise becomes available to the Operating
Partnership, the Operating Partnership shall first offer such Tenant Opportunity
to InnSuites Lessee. The offer shall be made by written notice from the
Operating Partnership to InnSuites Lessee (the "Tennant Opportunity Notice"),
which Tennant Opportunity Notice shall contain a detailed description of the
material terms and conditions under which the Operating Partnership proposes to
offer such Tenant Opportunity to InnSuites Lessee. The Operating Partnership
shall thereafter provide or cause to be provided promptly to InnSuites Lessee
such additional information relating to the Tenant Opportunity as InnSuites
Lessee reasonably may request. For a period of thirty (30) days after the date
that the Operating Partnership delivers the Tennant Opportunity Notice to
InnSuites Lessee, the Operating Partnership and InnSuites Lessee shall negotiate
with each other on an exclusive basis with respect to such Tenant Opportunity.
If the Operating Partnership and InnSuites Lessee are unable to enter into a
mutually satisfactory arrangement with respect to the Tenant Opportunity within
such 30-day period, or if InnSuites Lessee indicates that it is not interested
in pursuing such Tenant Opportunity (in which event InnSuites Lessee shall
provide written notice to the Operating Partnership as soon as InnSuites Lessee
decides against pursuing such opportunity), then the Operating Partnership shall
be free for a period of one year after the expiration of such 30-day period to
enter into a binding agreement with respect to such Tenant Opportunity with

                                      -6-
<PAGE>

InnSuites Management or any other party at a price and on terms and conditions
that are not more favorable to the Operating Partnership in any material respect
than the price and terms and conditions set forth in the Tennant Opportunity
Notice relating to such Tenant Opportunity. If the Operating Partnership does
not enter into a binding agreement with respect to such Tenant Opportunity
within such one-year period, or if the price and terms and conditions are more
favorable to the Operating Partnership in any material respect than the price
and terms and conditions set forth in the Tennant Opportunity Notice relating to
such tenant Opportunity, the Operating Partnership shall again be required to
comply with the procedures set forth above in this Section 4(a) if it thereafter
desires to pursue such Tenant Opportunity.

          (b) Notwithstanding anything to the contrary contained in this
Agreement, (1) the Operating Partnership shall not be required to offer to
InnSuites Lessee any Tenant Opportunity in connection with a proposed
acquisition until a binding contract has been entered into with respect to such
acquisition, and the consummation of any agreement between the Operating
Partnership and InnSuites Lessee with respect to a Tenant Opportunity shall be
subject to the actual closing of such acquisition by the Operating Partnership,
(2) the Operating Partnership shall have the right in its sole discretion to
decide not to pursue, or to discontinue at any time pursuing, any investment
opportunity, even if such opportunity, if pursued, would create a Tenant
Opportunity, and (3) the Operating Partnership shall have no obligation to offer
any opportunity other than a Tenant Opportunity to InnSuites Lessee.

          (c) InnSuites Lessee agrees to cooperate with the Operating
Partnership in structuring all dealings with outside parties in connection with
any Tenant Opportunity that InnSuites Lessee and the Operating Partnership agree
to enter into pursuant to Section 4(a) above. InnSuites Lessee agrees to
cooperate with the Operating Partnership in structuring any Tenant Opportunity
with the Operating Partnership as a "REIT-Qualified Investment" for the
Operating Partnership. The Operating Partnership shall have the right, in its
sole discretion, to structure any investment as a REIT-Qualified Investment,
even if such structuring prevents the Operating Partnership from creating a
Tenant Opportunity for InnSuites Lessee.

     6.   InnSuites Management Right of First Opportunity for Operating
          Opportunity.

          (a) From and after the date hereof, and throughout the remaining term
of this Agreement, if InnSuites Lessee develops an Operating Opportunity, or if
an Operating Opportunity otherwise becomes available to InnSuites Lessee,
InnSuites Lessee shall first offer such Operating Opportunity to InnSuites
Management. The offer shall be made by written notice from InnSuites Lessee to
InnSuites Management (the "Operating Opportunity Notice"), which Operating
Opportunity Notice shall contain a detailed description of the material terms
and conditions under which InnSuites Lessee proposes to offer such Operating
Opportunity to InnSuites Management. InnSuites Lessee shall thereafter provide
or cause to be provided promptly to InnSuites Management such additional
information relating to the Operating Opportunity as InnSuites Management
reasonably may request. For a period of thirty (30) days after the date that
InnSuites Lessee delivers the Operating Opportunity Notice to InnSuites
Management, InnSuites Lessee and InnSuites Management shall negotiate with each
other on an exclusive basis with respect to such Operating Opportunity. If
InnSuites Lessee and InnSuites

                                      -7-
<PAGE>

Management are unable to enter into a mutually satisfactory arrangement with
respect to the Operating Opportunity within such 30-day period, or if InnSuites
Management indicates that it is not interested in pursuing such Operating
Opportunity (in which event InnSuites Management shall provide written notice to
InnSuites Lessee as soon as InnSuites Management decides against pursuing such
opportunity), then InnSuites Lessee shall be free for a period of one year after
the expiration of such 30-day period to enter into a binding agreement with
respect to such Operating Opportunity with any party at a price and on terms and
conditions that are not more favorable to InnSuites Lessee in any material
respect than the price and terms and conditions set forth in the Operating
Opportunity Notice relating to such Operating Opportunity. If InnSuites Lessee
does not enter into a binding agreement with respect to such Operating
Opportunity within such one-year period, or if the price and terms and
conditions are more favorable to InnSuites Lessee in any material respect than
the price and terms and conditions set forth in the Operating Opportunity Notice
relating to such Operating Opportunity, InnSuites Lessee shall again be required
to comply with the procedures set forth above in this Section 5(a) if it
thereafter desires to pursue such Operating Opportunity.

          (b) Notwithstanding anything to the contrary contained in this
Agreement, (1) InnSuites Lessee shall not be required to offer to InnSuites
Management any Operating Opportunity in connection with a proposed lease of any
property until a binding contract has been entered into with respect to such
property, and the consummation of any agreement between InnSuites Lessee and
InnSuites Management with respect to a Operating Opportunity shall be subject to
the actual lease of such property by InnSuites Lessee, (2) InnSuites Lessee
shall have the right in its sole discretion to decide not to pursue, or to
discontinue at any time pursuing, any lease opportunity, even if such
opportunity, if pursued, would create an Operating Opportunity, and (3)
InnSuites Lessee shall have no obligation to offer any opportunity other than an
Operating Opportunity to InnSuites Management.

          (c) InnSuites Management agrees to cooperate with InnSuites Lessee in
structuring all dealings with outside parties in connection with any Operating
Opportunity that InnSuites Lessee and InnSuites Management agree to enter into
pursuant to Section 5(a) above. InnSuites Management agrees to cooperate with
InnSuites Lessee and the Operating Partnership in structuring any Operating
Opportunity with InnSuites Lessee as a "REIT-Qualified Investment" for the
Operating Partnership. The Operating Partnership shall have the right, in its
sole discretion, to structure any investment as a REIT-Qualified Investment,
even if such structuring prevents InnSuites Lessee from creating an Operating
Opportunity for InnSuites Management.

     7.   General Terms and Conditions for Rights of First
          Opportunity/Notification Rights.

          (a) Unless waived or unless agreed to as part of an investment and/or
lease, each party shall bear its own expenses with respect to any opportunity to
which this Agreement is applicable, and each party agrees that it shall not be
entitled to any compensation from the other party with respect to any such
opportunity.

                                      -8-
<PAGE>

          (b) A party shall not be required to comply with the rights of first
opportunity and notification requirements set forth in this Agreement during any
period in which the other party or any Controlled Affiliate of such other party
(as hereinafter defined) is in default of this Agreement or any other agreement
entered into by the parties hereto or any of their Controlled Affiliates, if
such default is material and remains uncured for fifteen days after receipt of
notice thereof. A "Controlled Affiliate" of a party means any entity controlled
by, controlling or under common control with such party.

          (c) Any opportunity which is offered to a party under this Agreement
and rejected by such party may thereafter be offered to Insiders, subject to the
reoffer provisions set forth in Sections 2(a)(ii), 3(b), 5(a), and 6(a) above.

          (d) Any opportunity which is offered to and accepted by the Operating
Partnership under this Agreement may be entered into by or on behalf of the
Operating Partnership or by any designee which is a Company Affiliate or
Controlled Affiliate of the Operating Partnership. Any opportunity which is
offered to and accepted by either of the Tenants under this Agreement may be
entered into by or on behalf of such Tenant or by any designee which is a
Controlled Affiliate of such Tenant.

          (e) All rights of first opportunity and notification rights set forth
in this Agreement shall be subordinated to any seller consent and
confidentiality requirements; no party shall be required to comply with the
rights of first opportunity and notification rights set forth in this Agreement
if such compliance would violate any seller consent or confidentiality
requirements.

          (f) While it is the intention of the parties to align their businesses
in accordance with the terms of this Agreement, each party shall act
independently in its own best interests, and neither party shall be considered a
partner or agent of the other party or to owe any fiduciary or other common law
duties to the other party.

     8. Specific Performance. Each party hereto hereby acknowledges that the
obligations undertaken by it pursuant to this Agreement are unique and that the
other party hereto would likely have no adequate remedy at law if such party
shall fail to perform its obligations hereunder, and such party therefor
confirms that the other party's right to specific performance of the terms of
this Agreement is essential to protect the rights and interests of the other
party. Accordingly, in addition to any other remedies that a party hereto may
have at law or in equity, such party shall have the right to have all
obligations, covenants, agreements, and other provisions of this Agreement
specifically performed by the other party hereto and the right to obtain a
temporary restraining order or a temporary or permanent injunction to secure
specific performance and to prevent a breach or threatened breach of this
Agreement by the other party hereto. Each party submits to the jurisdiction of
the courts of the State of Ohio for this purpose.

                                      -9-
<PAGE>

     9. Affiliates. Each party hereto shall cause all entities that are under
its control to comply with the terms hereof. InnSuites Trust, by its signature
below, hereby agrees that it shall comply with the terms of this Agreement
applicable to the Operating Partnership.

     10. Term. The term of the Agreement shall commence as of the date first
written above and shall terminate on January 31, 2009. Notwithstanding the
foregoing, a party hereto may terminate this Agreement if the other party or any
Controlled Affiliate of such other party is in default of this Agreement or any
other agreement entered into by the parties hereto or any of their Controlled
Affiliates, if such default is material and remains uncured for fifteen days
after receipt of notice thereof.

     11.  Miscellaneous.

          (a) Notices.  Notices shall be sent to the parties at the following
addresses:

               RRF Limited Partnership (Operating Parthership)
               c/o InnSuites Hospitality Trust
               1625 E. Northern Avenue
               Suite 201
               Phoenix, Arizona 85020
               Attention: Executive Vice President
               Phone: 602-944-1500
               Facsimile: 602-678-0281

               with a copy to:
               James B. Aronoff, Esq.
               Thompson Hine & Flory LLP
               3900 Key Center
               127 Public Square
               Cleveland, Ohio 44114
               Phone: 216-566-5500
               Facsimile: 216-566-5800

               InnSuites Hotels, Inc. (InnSuites Lessee)
               1625 E. Northern Avenue
               Suite 201
               Phoenix, Arizona 85020
               Attention: President
               Phone: 602-944-1500
               Facsimile: 602-678-0281

                                      -10-
<PAGE>

               with a copy to:
               James W. Reynolds, Esq.
               Dillingham Cross, P.L.C.
               5080 North 40/th/ Street
               Suite 335
               Phoenix, Arizona 85018
               Phone: 602-468-1811
               Facsimile: 602-468-0442

               InnSuites Innternational Hotels, Inc. (InnSuites Management)
               1625 E. Northern Avenue
               Suite 201
               Phoenix, Arizona 85020
               Attention: President
               Phone: 602-944-1500
               Facsimile: 602-678-0281

               with a copy to:
               James W. Reynolds, Esq.
               Dillingham Cross, P.L.C.
               5080 North 40/th/ Street
               Suite 335
               Phoenix, Arizona  85018
               Phone: 602-468-1811
               Facsimile: 602-468-0442

     Notices shall first be sent by facsimile, with confirming copy to be sent
by certified mail, return receipt requested, Federal Express or comparable
overnight delivery service. Notice will be deemed received on the fourth
business day following deposit in U.S. mail or deposit with Federal Express or
other delivery service. Any party to this Agreement may change its address for
notice by giving written notice to the other party at the address and in
accordance with the procedures provided above.

          (b) Reasonable and Necessary Restrictions. Each of the parties hereto
hereby acknowledges and agrees that the restrictions, prohibitions and other
provisions of this Agreement are reasonable, fair and equitable in scope, term
and duration, are necessary to protect the legitimate business interests of the
parties hereto and are a material inducement to the parties hereto to enter into
the transactions described in and contemplated by the recitals hereto. Each
party hereto covenants that it will not sue to challenge the enforceability of
this Agreement or raise any equitable defense to its enforcement.

          (c) Successors and Assigns. This Agreement shall inure to the benefit
of and be binding upon the parties hereto and their respective successors and
assigns. This Agreement shall not be assigned without the express written
consent of each of the parties hereto. Notwithstanding the foregoing, this
Agreement may be assigned without the consent of any party

                                      -11-
<PAGE>

hereto in connection with any merger, consolidation, reorganization or other
combination of a party with or into another entity where the party is not the
surviving entity.

          (d) Amendments; Waivers. No termination, cancellation, modification,
amendment, deletion, addition or other change in this Agreement, or any
provision hereof, or waiver of any right or remedy herein provided, shall be
effective for any purpose unless such change or waiver is specifically set forth
in a writing signed by the party or parties to be bound thereby. The waiver of
any right or remedy with respect to any occurrence on one occasion shall not be
deemed a waiver of such right or remedy with respect to such occurrence on any
other occasion.

          (e) Choice of Law. This Agreement and the rights and obligations of
the parties hereunder shall be governed by the laws of the State of Ohio,
without regard to the principles of choice of law thereof.

          (f) Severability. In the event that one or more of the terms or
provisions of this Agreement or the application thereof to any person(s) or in
any circumstance(s) shall, for any reason and to any extent be found by a court
of competent jurisdiction to be invalid, illegal or unenforceable, such court
shall have the power, and hereby is directed, to substitute for or limit such
invalid term(s), provision(s) or application(s) and to enforce such substituted
or limited terms or provisions, or the application thereof. Subject to the
foregoing, the invalidity, illegality or enforceability of any one or more of
the terms or provisions of this Agreement, as the same may be amended from time
to time, shall not affect the validity, legality or enforceability of any other
term or provision hereof.

          (g) Entire Agreement; No Third-Party Beneficiaries. This Agreement (i)
constitutes the entire agreement and supersedes all prior agreements,
understandings, negotiations and discussions, whether written or oral, between
the parties hereto with respect to the subject matter hereof, so that no such
external or separate agreement relating to the subject matter of this Agreement
shall have any effect or be binding, unless the same is referred to specifically
in this Agreement or is executed by the parties after the date hereof; and (ii)
is not intended to confer upon any other person any rights or remedies
hereunder, and shall not be enforceable by any party not a signatory to this
Agreement.

          (h) Gender; Number. As the context requires, any word used herein in
the singular shall extend to and include the plural, any word used in the plural
shall extend to and include the singular and any word used in any gender or the
neuter shall extend to and include each other gender or be neutral.

          (i) Headings. The headings of the sections hereof are inserted for
convenience of reference only and are not intended to be a part of or affect the
meaning or interpretation of this Agreement or of any term or provision hereof.

          (j) Counterparts. This Agreement may be executed in two or more
counterparts, each of which together shall be deemed to be an original and all
of which together shall be deemed to constitute one and the same agreement.

                                      -12-
<PAGE>

     IN WITNESS WHEREOF, each of the parties hereto has caused this Agreement to
be executed by one of its duly authorized corporate officers, as of the date
first above written.

                                 RRF LIMITED PARTNERSHIP, a Delaware
                                 limited partnership

                                 By: InnSuites Hospitality Trust, an Ohio real
                                     estate investment trust, its sole general
                                     partner

                                 By: /s/ James F. Wirth
                                    -----------------------------------
                                      Name: James F. Wirth
                                           ----------------------------
                                      Title: President
                                            ---------------------------

                                 INNSUITES HOTELS, INC.,
                                 a Nevada corporation

                                 By: /s/ William Kidwell
                                    -----------------------------------
                                      Name: William Kidwell
                                           ----------------------------
                                      Title: President
                                            ---------------------------

                                 INNSUITES INNTERNATIONAL HOTELS,
                                 INC., a Nevada corporation

                                 By: /s/ James F. Wirth
                                    -----------------------------------
                                      Name: James F. Wirth
                                           ----------------------------
                                      Title: President
                                            ---------------------------

     The undersigned, the sole general partner of the Operating Partnership,
hereby agrees to the restrictions imposed upon it pursuant to Section 7 of the
Agreement.

                                 INNSUITES HOSPITALITY TRUST, an Ohio
                                 real estate investment trust

                                 By: /s/ James F. Wirth
                                    -----------------------------------
                                    Name: James F. Wirth
                                         ------------------------------
                                    Title: President
                                          -----------------------------

                                      -13-

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00009-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00009-of-00352.parquet"}]]