Document:

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                                                                    EXHIBIT 10.8

                              MANAGEMENT AGREEMENT

     THIS AGREEMENT made and entered into as of this 29th day of July, 2003 by
and between Summit Group of Scottsdale, Arizona, LLC, a South Dakota limited
liability company, d/b/a Springhill Suites by Marriott, hereinafter referred to
as "Owner", and The Summit Group, Inc., a South Dakota Corporation, acting on
its own behalf, hereinafter referred to as "Manager".

     WHEREAS, it is the desire of the Owner that the Springhill Suites by
Marriott in Scottsdale, Arizona ("Hotel") be managed and operated efficiently
and effectively; and

     WHEREAS, Manager is a corporation engaging in hotel management;

     WHEREAS, the Owner desires to engage the Manager to manage the Hotel and
the Manager desires to accept said engagement, all in accordance with the terms
and conditions of this agreement as hereinafter set forth.

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

1.   ENGAGEMENT

     The Owner hereby engages the Manager, and the Manager hereby accepts such
     engagement, as the manager for the Springhill Suites by Marriott hotel upon
     the terms and conditions hereinafter set forth, for a period ending on the
     first to occur of: (1) of ten years, (2) the dissolution of the Owner, or
     (3) termination of this Agreement. This Agreement shall automatically renew
     for four successive five year periods unless either party provides written
     notice to the other party within ninety (90) days of the termination of the
     initial lease term or a renewal term thereof. The Manager shall manage the
     Hotel, devoting such time thereto as in its sole discretion it shall
     determine to be necessary to manage the Hotel in an efficient and effective
     manner.

2.   INDEPENDENT CONTRACTOR

     In the performance of its duties under this agreement, the Manager shall
     occupy the position of an independent contractor with respect to the Owner.
     Except as expressly otherwise provided for herein, nothing contained herein
     shall be construed as making the Manager an employee of the Owner.

3.   DUTIES AND AUTHORITY OF THE MANAGER

     (A)  GENERAL DUTIES AND AUTHORITY

          Subject only to the restrictions and limitations provided for herein
          and the right of the Owner to terminate this agreement as provided
          herein, the Manager shall have the sole and exclusive authority to
          fully and completely supervise the Hotel and supervise and direct the
          business and affairs associated or related to the operation thereof,
          and to that end to cause or direct the Owner to execute such documents
          or instruments and hire or discharge such employees as, in the sole
          judgment of the Manager, may deem necessary or advisable.

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     (B)  OPERATION OF THE HOTEL

          The Manager shall direct and establish policies and procedures for the
          Owner's employees who will have direct responsibility for the Hotel's
          operations. The Manager shall have the sole discretion, which
          discretion shall be exercised in good faith, to establish the terms
          and conditions of patron occupancy, including, although not
          necessarily limited to, room rental schedules, occupancy policies, and
          departure times. The Manager is hereby authorized to direct and
          control the promotional activity of the Owner's employees and cause
          the Owner to advertise in such media and to the extent that it deems
          necessary and appropriate.

     (C)  ACCOUNTING

          The Manager shall devise, establish and supervise the operation of an
          accounting system for the Hotel staff who will be primarily
          responsible for, among other things, performing all bookkeeping and
          administrative duties in connection with the Hotel, including all
          collections and all disbursements to be paid out of funds generated by
          such operations or otherwise supplied by the Owner. At Manager's sole
          discretion all accounting, bookkeeping and administrative duties shall
          be performed by employees of Manager. Expenses of Manager's
          bookkeeping department shall be paid by all hotels and businesses,
          including Hotel, for which Manager performs bookkeeping services, on a
          pro rata per number of rooms per hotel managed basis.

     (D)  DEPOSITS AND DISBURSEMENTS

          The Manager shall cause the establishment of bank accounts in the name
          of the Owner and shall establish and be responsible for administrating
          a policy for specifying the identity of signatories to such bank
          accounts. The Manager shall deposit or cause to be deposited in the
          Owner's bank accounts all receipts and monies arising from the
          operations of the Hotel or otherwise received for and on behalf of the
          Owner. The Manager shall be responsible for the disbursement of the
          Owner's funds in payment of all expenses incurred in connection with
          the operations of the Hotel.

     (E)  AGREEMENTS

          Manager shall negotiate and enter into leases, licenses, permits,
          service contracts, employee agreements, and agreements for guest room
          rental on behalf of Owner, in Owner's name.

     (F)  RESTRICTIONS

          Notwithstanding anything to the contrary set forth in this section,
          the Manager shall not be required to do, or cause to be done, anything
          for the account of the Owner (1) which would make the Manager liable
          to third parties; (2) which may not be commenced, undertaken, or
          completed because of insufficient funds available in the accounts
          established pursuant to this section; (3) which may, under applicable
          law, constitute an impermissible delegation of the duties and
          responsibilities of the Owner, including but not limited to, the
          purchase or

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          construction of capital improvements, the sale or disposition of all
          or substantially all of the Owner's assets, and any action which may
          result in a change in the Owner's primary business; or (4) which may
          not be commenced, undertaken, or completed because of acts of God,
          strikes, governmental regulations or laws, acts of war, or other types
          of events beyond the Manager's control whether similar or dissimilar
          to the foregoing.

4.   DUTIES OF THE OWNER

     (A)  COOPERATION

          The Owner hereby agrees to cooperate with the Manager in the
          performance of its duties under this agreement and to execute all
          documents or instruments necessary or advisable to enable the Manager
          to fulfill its duties under this agreement.

     (B)  EXPENSES BORNE BY OWNER

          All operating expenses, ownership costs, and expenses incurred by
          Manager on behalf of Owner or Hotel shall be the responsibility of
          Owner. Operating expenses include but are not limited to: salaries,
          wages and benefits for all Hotel employees; repairs and maintenance to
          the Hotel, including capital expenditures; marketing and advertising
          expenses; debt service on any mortgage or other loans to the Hotel;
          property taxes; all administrative and general expenses; all legal,
          accounting and bookkeeping expenses; and franchise fees.

     (C)  ADVANCE FUNDS

          Manager shall not be obligated to advance any of its own funds for the
          maintenance and operation of the Hotel or for the account of Owner,
          nor to incur any liability with respect to the Hotel. However, if
          Manager shall have advanced funds for any necessary and appropriate
          expenses, Owner shall reimburse Manager therefor on demand. In the
          event Manager advances funds for the maintenance and operation of the
          Hotel or for the account of Owner, Owner shall pay Manager interest on
          the advanced funds at the rate of ten percent (10%) annually.

5.   COMPENSATION TO THE MANAGER

     The Manager, as a Management Fee, shall be reimbursed for its overhead
     costs and expenses related to managing the Hotel. If Manager manages more
     than one hotel, then Manager shall charge each hotel managed, including
     Hotel, its pro rata share of all overhead expenses, which include but are
     not limited to: wages of employees and officers, rent, legal, accounting,
     insurance, and travel. In no event will the annualized Management Fee
     exceed four percent (4%) of annual Gross Revenues. Such Management Fee
     shall be paid to Manager on a monthly basis. Any expenses for services that
     would customarily be handled by the hotel property, such as bookkeeping,
     and expenses that are paid for third party services, such as accounting and
     legal services, shall be paid directly by the Hotel or Owner or shall be
     reimbursed to the Manager and shall not be included in the four percent of
     Gross Revenues cap.

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6.   MANAGER'S BREACH

     Except in extraordinary circumstances, such as theft or fraud on the part
     of the Manager or default by Owner as Franchisee under a License Agreement
     with Marriott International caused by the Manager for which the Franchisee
     needs to promptly remove the Manager from the Hotel, the management
     agreement shall not be terminated without at least thirty (30) days' prior
     written notice to Franchisor. In the event the Manager breaches this
     agreement, the Owner shall have the right to terminate this agreement, and
     the Owner shall have such other rights and remedies as may be permitted by
     the Operating Agreement dated July 29, 2003.

7.   ASSIGNMENT

     This agreement and any rights hereunder may be assignable by the Manager,
     provided, however, any such assignee must assume all obligations of the
     Manager hereunder.

8.   INDEMNIFICATION

     The Owner hereby agrees to indemnify and hold harmless the Manager, all
     companies affiliated with the Manager, all officers, directors, and
     employees of the Manager, and any affiliated companies harmless from any
     and all costs, expenses, attorney fees, suits, liabilities, judgments,
     damages, and claims in connection with the management of the Hotel
     (including the loss of use thereof following any damage, injury, or
     destruction) arising from any cause except for fraud or gross misconduct on
     the part of the Manager or such other persons and entities. The Manager,
     all persons affiliated with the Manager, all officers, directors, and
     employees of the Manager, and any affiliated persons also shall not be
     liable for any error of judgment or for any mistake of fact or law, or for
     anything which it or they may do or refrain from doing hereinafter, except
     in cases of fraud or gross misconduct. The Manager hereby agrees to
     indemnify and hold the Owner harmless from any and all costs, expenses,
     attorney fees, suits, liabilities, judgments, damages and claims in
     connection with the management of the Hotel arising from the fraud or gross
     misconduct of the Manager or any of its affiliates. The Owner shall have
     one year from the action or inaction giving rise to such claim to bring
     suit against the Manager pursuant to this agreement.

9.   FRANCHISE COMPLIANCE

     (A)  DAILY MANAGEMENT

          The Manager shall have the authority and responsibility for the
          day-to-day management of the Hotel.

     (B)  COMPLIANCE WITH FRANCHISE AGREEMENT

          The Hotel will be operated during the term of this Management
          Agreement in strict compliance with the requirements of the Franchise
          Agreement with Marriott International. Specifically, the Manager will
          be bound by and shall adhere strictly to all terms and conditions in
          the Franchise Agreement regarding confidentiality and operation of the
          Hotel, which terms and conditions may be enforced by Franchisor
          directly with the Manager.

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     (C)  CONTROLLING AGREEMENT

          If there are conflicts between any provision(s) of this Management
          Agreement and the Franchise Agreement, the provision(s) of the
          Franchise Agreement shall control.

     (D)  DEFAULT

          Any default under the terms and conditions of the Franchise Agreement
          caused wholly or partially by the Manager shall constitute a default
          under the terms and conditions of this Management Agreement, for which
          Franchisee shall have the right to terminate the Management Agreement.

     (E)  COMMUNICATION WITH MANAGEMENT

          Franchisor shall have the right to communicate directly with the
          Manager regarding day-to-day operation of the Hotel.

10.  CAPTIONS

     The captions contained herein are for convenience of reference only and are
     not intended to define, limit, or describe the scope or intent of any
     provisions of this agreement.

11.  GOVERNING LAW

     The validity of this agreement, the construction of its terms, and the
     interpretation of the rights and duties of the parties shall be governed by
     the laws of the State of South Dakota.

12.  NOTICES

     Any notice required or permitted herein to be given shall be in writing and
     shall be personally delivered or mailed, first-class mail, postage prepaid,
     to the respective addresses of the parties set forth below their signatures
     on the signature page hereof, or to such address as any party may give to
     the other in writing.

13.  SEVERABILITY

     Should any term or provision hereof be deemed invalid, void, or
     unenforceable either in its entirety or in a particular application, the
     remainder of this agreement shall nonetheless remain in full force and
     effect, and if the subsequent term or provision is deemed to be invalid,
     void, or unenforceable only with respect to a particular application, such
     term or provision shall remain in full force and effect with respect to all
     other applications. The parties recognize that broad discretionary
     authority has been granted by Owner to the Manager in the supervision and
     direction of the Owner's business and financial affairs, and it is their
     intent that such authority be fully exercisable by the Manager within the
     limitations imposed by applicable law.

14.  SUCCESSORS

     This agreement shall be binding upon and inure to the benefit of the
     respective parties hereto and their permitted assigns and successors in
     interest.

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15.  ATTORNEY FEES

     If it shall become necessary for either party hereto to engage attorneys to
     institute legal action for the purpose of enforcing its rights hereunder or
     for the purpose of defending legal action brought by the other party
     hereto, the party or parties prevailing in such litigation shall be
     entitled to receive all costs, expenses, and fees (including reasonable
     attorney's fees) incurred by it in such litigation (including appeals).

16.  OTHER DOCUMENTS

     The parties shall and do hereby agree to execute any other and further
     documents which may be necessary to effectuate this agreement.

17.  MODIFICATION

     This agreement may be amended or modified at any time by the parties hereto
     provided that the same is reduced to writing and signed by each party
     hereto. This agreement may not be modified by oral agreement.

18.  COMPLETE AGREEMENT

     This agreement constitutes the complete agreement by and between the
     parties hereto and supplants and supersedes all prior or contemporaneous
     oral or written discussions, agreements or effects.

IN WITNESS WHEREOF, the parties hereto have executed this agreement in duplicate
on the date first above written.

OWNER:                                  MANAGER:
SUMMIT GROUP OF SCOTTSDALE,             THE SUMMIT GROUP, INC.
ARIZONA, LLC

By: /s/ Kerry W. Boekelheide            By: /s/ Kerry W. Boekelheide
    ---------------------------------       ------------------------------------
Name: Kerry W. Boekelheide              Name: Kerry W. Boekelheide
Its: President                          Its: President

2701 S. Minnesota Ave, Suite 6          2701 S. Minnesota Ave, Suite 6
Sioux Falls, SD 57105                   Sioux Falls, SD 57105

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                                                                    EXHIBIT 10.9

                          SUMMIT HOTEL PROPERTIES, LLC
                        2701 S. MINNESOTA AVENUE, SUITE 6
                              SIOUX FALLS, SD 57105

                                                                October 31, 2005

Summit Real Estate Investments, LLC
2701 S. Minnesota Avenue, Suite 6
Sioux Falls, SD 57105

RE: Managing Dealer Agreement

Gentlemen:

Summit Hotel Properties, LLC (the "Company"), a South Dakota limited liability
company with its principal office at 2701 S. Minnesota Avenue, Suite 6, Sioux
Falls, SD 57105, will issue and sell Class A-l Membership Interests (the
"Units") of the Company with each Unit having a gross offering price of $100,000
("Gross Offering Price"), with fractional Units available. The Units will be
offered in a private placement offering (the "Offering") in accordance with the
Offering Memorandum of the Company dated October 31, 2005 and any supplements
thereto (the "Offering Memorandum") a copy of which has been delivered to Summit
Real Estate Investments, LLC ("Dealer").

1.   Authorization to Solicit Offers to Purchase Units.

     On the basis of the representations and warranties contained in this
     Agreement and subject to its terms and conditions, the Company has
     appointed Dealer co-managing dealer ("Managing Dealer") and authorized you
     to form a selling group of securities dealers ("Soliciting Dealers"),
     including Dealer, in connection with the offer and sale of Units and
     authorized Managing Dealer on a nonexclusive basis to solicit offers to
     purchase the Units on a "best efforts" basis, and Managing Dealer has
     accepted said appointment. This Agreement shall become effective upon your
     written acceptance of the Agreement. It is understood and agreed that
     Managing Dealer may not accept on behalf of the Company any offers to
     purchase the Units unless Dealer receives written authority from the
     Company to the contrary. Dealer's authorization hereunder is limited to
     soliciting offers to purchase the Units using the form of Subscription
     Documents included in the Offering Memorandum and transmitting to the
     Company any and all such written offers received. The Company reserves the
     right to terminate the Offering at any time.

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2.   Compensation.

     In consideration of your agreements and your service as a soliciting dealer
     hereunder, the Company hereby agrees to pay you selling commissions of up
     to 6% and a non-accountable offering expense allowance of up to 1% of the
     Gross Offering Price of Units sold to persons from whom your
     representatives have solicited offers to purchase as described in "Plan of
     Distribution" in the Offering Memorandum. The above fees are payable upon
     sale of the minimum number of Units accepted by the Company at that time
     and within 15 days of the acceptance of further Units sold through you.

     As compensation for the services rendered by you as Managing Dealer, the
     Company will pay you a managing dealer fee of 1% of the Gross Offering
     Price of Units sold by the Soliciting Dealers listed on Exhibit A (and as
     such Exhibit A may be amended from time to time), such fee to be payable at
     the conclusion of the Offering, and which is waivable by you in whole or in
     part.

3.   Representations and Warranties of the Company.

     (a)  The Offering Memorandum does not include any untrue statement of any
          material fact or omit to state any material fact necessary in order to
          make the statements therein, in the light of the circumstances under
          which they are made, not misleading.

     (b)  The Company has complied and will comply, subject to your compliance,
          with the terms of this Agreement, with the requirements under the
          Securities Exchange Act of 1934, as amended, and applicable state
          securities laws in connection with all offers and sales of the Units.

     (c)  The Company is a duly organized limited liability company under the
          laws of the State of South Dakota and will be qualified to do business
          in all jurisdictions in which the nature of its business requires such
          qualification and will be authorized to conduct its business as
          described in the Offering Memorandum. The Units, when issued and
          payment received, will be fully paid and nonassessable.

     (d)  The Company will offer Units only in such a manner as will assure the
          offering and sale thereof (i) will be exempt from the registration
          requirements of Section 5 of the Securities Act of 1933, as amended,
          and (ii) will be exempt from any registration requirements under the
          laws of any state or other jurisdiction in which they may be offered.

     (e)  This Managing Dealer Agreement has been duly and validly authorized,
          executed and delivered by the Company and will be, if accepted by you,
          a valid, binding and enforceable agreement of the Company except as
          the enforceability of the indemnification provisions of Paragraph 6
          may be limited by application of the federal securities laws.

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4.   Representations and Warranties of Dealer

     Dealer represents and warrants to the Company that:

     (a)  Dealer will not offer or sell Units by means of any form of general
          solicitation or advertising.

     (b)  Prior to an offer to or solicitation of a potential purchaser, Dealer
          will undertake all necessary and appropriate investigation, review and
          inquiry to insure, to the best of its reasonable knowledge and belief,
          that (i) each potential purchaser of Units from whom Dealer has
          solicited an offer to purchase meets with applicable investor
          qualification requirements under federal and any applicable state
          securities laws and the requirements as set forth in the Offering
          Memorandum; and (ii) the investment is suitable for such potential
          purchaser upon the basis of the information known to Dealer or
          disclosed by such potential purchaser as to his other security
          holdings and as to his financial situation and needs. Dealer shall
          keep written records supporting this representation and such records
          shall be made available to the Company promptly upon request.

     (c)  Dealer will deliver to each offeree, prior to any submission by him of
          a written offer to buy any Units, a numbered copy of the Offering
          Memorandum, and will keep record of to whom, by what manner and on
          what date it delivered each such copy.

     (d)  Dealer will not deliver to any offeree any written documents
          pertaining to the Company or the Units other than the Offering
          Memorandum and exhibits thereto, any amendments thereto and any other
          materials specifically designated as sales information which are
          supplied to Dealer by the Company. Without intending to limit the
          generality of the foregoing, Dealer will not deliver to any offeree
          any material pertaining to the Company which has been furnished as
          "broker/dealer information only."

     (e)  Dealer will make reasonable inquiry to determine whether a prospective
          purchaser is acquiring Units for his own account or on behalf of other
          persons.

     (f)  Dealer will not give any information or make any representation in
          connection with the offering of Units other than those contained in
          the Offering Memorandum and any amendments thereto.

     (g)  Dealer will abide by, and will take reasonable precautions to insure
          that all offerees and investors from whom Dealer has solicited an
          offer to purchase will comply with, all provisions contained in the
          Offering Memorandum regulating the terms and manner of offering the
          Units. Dealer will not submit any Subscription Documents to the
          Company which Dealer knows, or has reason to believe, contain any
          misstatements or misrepresentations of fact.

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     (h)  In its solicitation of subscriptions for Units, Dealer will comply
          with any applicable requirements of the Securities Act of 1933, as
          amended, the Securities Exchange Act of 1934, as amended, as well as
          the published rules and regulations thereunder, and the rules and
          regulations of all state securities authorities, as applicable, to the
          best of its knowledge, after due inquiry and investigation and to the
          extent within its direct control.

     (i)  Dealer is (and will continue to be) a member in good standing with the
          NASD, will abide by its Rules of Fair Practice, and is in full
          compliance with all applicable requirements under the Securities Act
          of 1934, as amended, and is registered as a broker-dealer in all of
          the jurisdictions in which Dealer solicits offers or makes sales.
          Dealer is duly licensed to sell the Units.

     (j)  Dealer will not take or omit to take any action in conflict with the
          conditions and requirements of the Securities Act of 1933, as amended
          (Regulation D or other applicable rule), or applicable state
          securities or blue sky laws as described in the Offering Memorandum,
          which would make such exemptions unavailable with respect to the
          offering and the sale of the Units.

     (k)  This Managing Dealer Agreement has been duly and validly authorized,
          executed and delivered by Managing Dealer and is a valid, binding and
          enforceable agreement of Managing Dealer except as the enforceability
          of the indemnification provisions of Paragraph 6 may be limited by
          application of the federal securities laws.

5.   Further Agreements of the Company.

     The Company agrees that:

     (a)  If at any time any event shall occur as a result of which it becomes
          necessary to amend or supplement the Offering Memorandum so that it
          does not include any untrue statement of any material fact or omit to
          state any material fact necessary in order to make the statements
          therein, in the light of the circumstances existing at the time the
          Offering Memorandum is delivered to any offeree, not misleading, the
          Company will promptly notify Dealer and will supply Dealer with
          amendments or supplements correcting such statement or omission.

     (b)  The Company will make such filings with the SEC and state and other
          governmental agencies as may be necessary to register the Units for
          sale or to assure or confirm the exemption of the offering and sale of
          the Units from the registration requirements of the Securities Act of
          1933, as amended, and of the securities laws of any state or
          jurisdiction in which the Units may be offered.

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     (c)  The Company will make available during the course of the offering and
          prior to sale, to each offeree or his investor representative or both,
          the opportunity to ask questions and/or receive answers from the
          Company or to obtain additional information necessary to verify the
          accuracy of the Offering Memorandum, to the extent the Company
          possesses such information or can acquire it without unreasonable
          effort or expense.

     (d)  The Company will pay all expenses in connection with the preparation
          and duplication of the Offering Memorandum and any amendments or
          supplements thereto, and the legal fees and disbursements of counsel
          for the Company.

     (e)  Copies of all correspondence and reports that are sent to investors
          during and after the Offering will also be sent to Dealer and its
          representatives who made sales in the Offering.

6.   Indemnity.

     (a)  The Company agrees to indemnify and hold harmless Dealer from and
          against any and all losses, claims, damages, expenses or liabilities,
          to which Dealer may become subject under any federal or state
          securities laws and other statute, common law or otherwise insofar as
          such losses, claims, damages, expenses or liabilities arise out of or
          are based upon: (i) any untrue statement or alleged untrue statement
          of a material fact in the Offering Memorandum, or any amendment or
          supplement thereto; (ii) any omission or alleged omission to state in
          the Offering Memorandum a material fact required to be stated therein
          or necessary to make the statements therein not misleading; (iii) any
          violation or alleged violation of securities registration requirements
          under the Securities Act of 1933, as amended, or any state securities
          laws, in connection with the sale of the Units, except to the extent
          caused by Dealer's breach of the representations and warranties of
          Paragraph 4; or (iv) any breach or alleged breach of the
          representations and warranties of Paragraph 3 or the provisions of
          Paragraph 5.

     (b)  Dealer agrees to indemnify and hold harmless the Company from and
          against any and all losses, claims, damages, expenses or liabilities
          to which the Company may become subject under any federal or state
          securities laws, any other statute, common law or otherwise insofar as
          such losses, claims, damages, expenses or liabilities arise out of or
          are based upon the Dealer's breach or alleged breach of the
          representations and warranties of Paragraph 4.

     (c)  Except as set out in subparagraph (d) below, the indemnity provided by
          subparagraphs (a) and (b) above shall also extend to any and all
          expenses whatsoever reasonably incurred by any indemnified party in
          connection with investigation, preparing for or defending against any
          such loss, damage, expense, liability or claim or such action in
          respect thereof, whether or not resulting in any liability. Such
          indemnity shall also include any loss to the extent of the aggregate
          amount paid in settlement of any litigation, commenced or threatened,
          or of any

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          claim whatsoever as set forth herein only if such settlement is
          effected with the written consent of the indemnifying party. Such
          indemnity shall be in addition to any liability that the indemnifying
          party might otherwise have to an indemnified party and shall extend
          upon the same terms and conditions to each officer, director, agent or
          employee of any indemnified party within the meaning of the Securities
          Act of 1933, as amended, and Section 20 of the Securities Exchange Act
          of 1934, as amended.

     (d)  Within 15 days after the receipt by an indemnified party under this
          Paragraph 6 of notice of the commencement of any action, but in no
          event later than 5 business days prior to the date specified in such
          notice for the filing of a responsive pleading in such action, such
          indemnified party shall, if a claim in respect thereof is to be made
          against an indemnifying party under this Paragraph 6, notify such
          indemnifying party in writing of the commencement thereof. The
          omission to so notify the indemnifying party shall relieve it from
          liability to such indemnified party under this Paragraph 6 to the
          extent that the ability of the indemnifying party to defend a claim
          was prejudiced by the failure to timely send such notice. In case any
          such action shall be brought against any indemnified party, and it
          shall notify the indemnifying party of the commencement thereof, the
          indemnifying party shall be entitled to participate therein, and,
          after notice from the indemnifying party to such indemnified party of
          its election, to assume the defense thereof, with counsel reasonably
          satisfactory to such indemnified party. In the event the indemnifying
          party elects so to assume the defense of any such suit, such
          indemnified party may retain additional counsel but the indemnified
          party shall bear the fees and expenses of such counsel.

     (e)  The indemnity provided by the Paragraph 6 shall remain operative and
          in full force and effect, regardless of any termination or
          cancellation of this Agreement, and shall survive the sale of the
          Units and Notes; and any successor or assignee of any indemnified
          party and heir or legal representative of any such party shall be
          entitled to the benefit of such indemnity.

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7.   Confidentiality.

     You agree that all materials provided to you for due diligence and
     marketing purposes pertaining to the Company, including, but not limited
     to, the Offering Memorandum, as supplemented, subscription and suitability
     documents and financial statements of the Company will be held by you in
     confidence for use of your personnel, clients and advisors of clients only
     for the purpose of evaluating an investment in the Units will not be
     provided to any other persons or entities without the prior written
     approval of the Company. We agree that all information on subscribers
     introduced by you including the Investor Questionnaire ("Questionnaire")
     will be kept strictly confidential. The Questionnaire may be subject to
     review by the Company's legal counsel who will be required to maintain
     confidentiality. We agree not to solicit any of your subscribers for any
     subsequent offering by our affiliates or us without your prior written
     approval.

8.   Notices.

     Whenever notice is required by the provisions of this Agreement to be given
     to the Company, such notice shall be in writing addressed to the party of
     parties entitled to such notice, sent certified mail, return receipt
     requested or by commercial overnight delivery service with proof of receipt
     available, to Summit Hotel Properties, LLC, 2701 S. Minnesota Avenue, Suite
     6, Sioux Falls, SD 57105, and, whenever notice shall be in writing,
     addressed to Dealer at the address shown on page 1 of this Agreement.

              (The rest of this page is intentionally left blank.)

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9.   Miscellaneous.

     This Agreement shall be binding upon and shall inure to the benefit of the
     parties hereto, their heirs, legal representatives, successors and assigns.
     This Agreement is made under and shall be construed in accordance with the
     laws of the State of South Dakota and may not be amended except in writing
     signed by the parties hereto.

Very truly yours,

SUMMIT HOTEL PROPERTIES, LLC,

By: The Summit Group, Inc.,
    its Company Manager,

By: /s/ Kerry W. Boekelheide
    ------------------------------------
    Kerry W. Boekelheide,
    President

AGREED AND ACCEPTED:

SUMMIT REAL ESTATE INVESTMENTS, LLC

By: /s/ Kerry W. Boekelheide
    ------------------------------------
    Kerry W. Boekelheide,
    President

                                       8

<PAGE>

                                    EXHIBIT A

                                 BROKER/DEALERS

Summit Real Estate Investments, LLC
Stanford Trust Company
First National Capital Markets, Inc.
Sloan Securities
VSR Financial Services

                                       9

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