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EXHIBIT 10.22    
  

	LA QUINTA CORPORATION

Employee Stock Purchase Plan	 	ENROLLMENT/CHANGE FORM
	

	CHECK ONE:	 	o Start Contributions/Enroll	 	o Stop Contributions/Refund

INSTRUCTIONS TO EMPLOYEES:    Please review the Summary and Prospectus of the La Quinta Corporation Employee Stock
Purchase Plan (the "Plan"). Then complete this form to indicate whether you wish to participate in the Plan. You must return your completed form to the Employee Benefits Department at 112 East Pecan
Street, San Antonio, TX 75205 within the time frame allowed. If you have any questions regarding this Election Form or the Plan, please see your
manager.

PERSONAL INFORMATION:    (Please Print) 

	

	NAME (Last/First/Middle Initial)	 	SOCIAL SECURITY NO.	 	 	 	DATE OF HIRE
	

	HOME ADDRESS	 	CITY	 	STATE	 	ZIP CODE
	

	LOCATION OF EMPLOYMENT OR PROPERTY NUMBER	 	 
	

PARTICIPATION ELECTION:  

	o
	 YES, I elect to participate in the Plan. In accordance with the provisions of the Plan and the rules and procedures
of the Committee that administers the Plan, I elect to deduct each pay period the following percentage of my compensation (which includes commissions
but excludes overtime and bonuses): 

Circle One:                1%        2%        3%       
 4%        5%        6%        7%        
8%        9%        10% 

This
election authorizes La Quinta Corporation or its affiliated companies to deduct this amount from my eligible future after-tax compensation for stock purchases under the Plan, subject to certain
limitations, and shall remain in effect until I revoke or change this election in writing in accordance with the Committee's rules and procedures. I understand that the Committee may limit the dates
on which I may make such changes. 

	o
	NO, I do not wish to participate in the Plan. I have been fully informed of my eligibility
to participate in the Plan, and I irrevocably waive my right to participate in the Plan for the current Offering Period. I understand that I will not have another opportunity to participate in the
Plan until the next Offering Period. 

PAYROLL DEDUCTION/PARTICIPATION TERMINATION:

Payroll
deductions under the Plan can be terminated for the following reasons: 

	o
	I hereby elect to voluntarily terminate my participation in the Plan.  

NOTE:
Voluntary termination is subject to certain timing and processing restrictions. 

	o
	My participation in the Plan is cancelled because of termination of employment.  

All payroll deductions under the Plan collected in the current Offering Period will be refunded to you after processing of a properly filed Change Form. 

Certification:    Under penalties of perjury, I certify that the information provided on this Form is true, correct and complete. I am not
subject to backup withholding under the provisions of Section 3406(a)(1)(C) of the Internal Revenue Code. I also acknowledge receipt of the Plan Summary and Prospectus. I agree to be bound by
the terms of the Plan. I further agree that this Enrollment/Change Form and my participation in the Plan are subject to all of the terms and conditions of the Plan. I further acknowledge that I must
notify the Company if I sell the shares purchased under the Plan within the two-year holding period. I hereby authorize the Company and its subsidiaries to withhold any taxes required to
be withheld in connection with the Plan from any payment otherwise due to me. I understand that shares issued will be purchased in my name. 

	

	EMPLOYEE SIGNATURE:	 	DATE:
	

	LIBB/1100981.2	 	 

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EXHIBIT 10.22EXHIBIT 10.25

Execution Copy

 

TRADEMARK LICENSE AGREEMENT

 

This Trademark
License Agreement (the “License Agreement”) is made as of December 31,
2001 (the “Effective Date”), in duplicate originals, and is by and
between La Quinta Properties, Inc., a Delaware corporation, having an office
and place of business at 909 Hidden Ridge, Suite 600, Irving, Texas 75038 (“Licensor”)
and La Quinta Franchise, LLC, a Nevada limited liability company, having an
office and place of business at 101 Convention Center Drive, Suite 850, Las
Vegas, Nevada 89109 (“Licensee”).

 

STATEMENT

 

Licensor is
the owner of many trademarks and service marks, and all related goodwill (as
set forth on Schedule A annexed hereto), for use in connection with
hotel and motel services and related restaurant services, including such rights
which are registered and/or the subject of pending applications and filings
throughout the world (hereinafter collectively the “Trademarks”).

 

Licensee now
desires to obtain from Licensor, and Licensor has agreed to grant to Licensee,
the right, license and privilege to use the Trademarks identified on Schedule
A hereto, as well as future related trademarks and other related
intellectual property rights which may be developed by Licensor and made a part
of this License, on and in connection with the operation and management of
franchised hotels, motels and restaurants and the advertising, promotion and
offering of the franchised hotel, motel and restaurant services in the
Territory, all as defined herein.

 

1

 

NOW,
THEREFORE, in consideration of the mutual promises and covenants contained
herein and for good and valuable consideration, it is agreed as follows:

 

Article I -  Definitions

 

1.1                                                                                 “Advertising
Materials” shall mean all advertising and business materials used by
Licensee which bear, feature or include any reference to the Trademarks and are
used in connection with the Licensed Services.

 

1.2                                                                                 “Business
Materials” shall mean and include all stationery, letterheads, envelopes,
business cards, invoices, advertising and promotional materials, and all other
business and commercial materials used by Licensee which bear the Trademarks.

 

1.3                                                                                 “Franchisee”
shall mean any third party with which Licensee’s sublicensee(s) enter(s) into
an agreement for the purpose of granting the right to sublicense, own, operate
or manage one or more La Quinta Lodging Facilities which are identified by the
Trademarks.

 

1.4                                                                                 “La Quinta
Lodging Facilities” or “Facilities” shall mean those facilities
where the Licensed Services are offered.

 

1.5                                                                                 “Licensed
Services” shall mean the operation and management of franchised hotels,
motels and restaurants identified by the Trademarks and the advertising,
promotion and offering of the franchised hotel, motel and restaurant services
identified by the Trademarks.

 

1.6                                                                                 “Specified
Quality Standards” shall mean those standards of design, appearance

 

2

 

and quality for the Licensed Services,
Facilities, Business Materials and Advertising Materials which are consistent
with the prestige and integrity of the Trademarks, and are of a level and type
satisfactory to Licensor.

 

1.7                                                 “Territory” shall mean the World.

 

1.8                                                 “Trademarks” shall mean all of the trademarks,
logos, names, brands and service marks identified in Schedule A
(including those which are the subject of registration, application and use
under the common law), which is annexed hereto and made a part hereof, and all
combinations and derivatives thereof that Licensor may own in the future, and
other related trademarks, if any, which may be developed by Licensor.  Schedule A shall be periodically
updated to incorporate developed trademarks, no less frequently than once
annually.  All use of such marks shall
inure to the benefit of the owner of the Trademarks.

 

Article II -  Grant of License

 

2.1                                                 Licensor hereby grants to Licensee the exclusive,
royalty-free right, license and privilege to use the Trademarks for and in
connection with the Licensed Services in the Territory.  Licensee agrees that unless authorized or
required by Licensor, it will not make, or authorize to be made, any use,
directly or indirectly, of the Trademarks in connection with any other services
not expressly discussed herein.

 

2.2                                                 Licensor hereby grants to Licensee the right, license
and privilege to use one or more of the Trademarks as part of a composite trade
name or corporate name, or

 

3

 

as
part of the composite name of a division or related company of Licensee,
pursuant to its obligations under this Agreement, and in accordance with all of
the terms and conditions of this Agreement. 
Licensee may use the Trademarks on invoices, order forms, stationery,
business cards and telephone and directory listings, provided that all such use
of the Trademarks shall be made in conformity with guidelines established by
Licensor.

 

2.3                                                                                 All rights with
respect to the use of the Trademarks which have not been granted hereunder are
expressly reserved by Licensor for its own use and benefit, including without
limitation, (i) the right to grant license rights to any third party, including
but not limited to a subsidiary or affiliated company, to use the Trademarks in
connection with the ownership and operation of hotels, motels and restaurants;
(ii) the right to grant license rights to any third party, including but not
limited to a subsidiary or affiliated company, to use the Trademarks in
connection with the ownership and operation of a web site relating to the
offering of hotel, motel and restaurant services; (iii) the right to grant
license rights to any third party to use the Trademarks to offer hotel, motel
and restaurant services on a third party web site; and (iv) the right to use or
grant the right to any third party to use any of the Trademarks as part of a
domain name.

 

2.4                                                                                 Licensee shall
have the right under this License Agreement to sublicense directly or
indirectly the rights, license and privileges granted hereunder to sublicensees
and/or Franchisees.  Any agreement
granting a sublicensee or Franchisee the right 

 

4

 

to
use or further sublicense (with respect solely to sublicensees) the Trademarks
shall contain reasonable provisions, similar to those contained in this License
Agreement, with respect to Specified Quality Standards.

 

2.5                                                                                 Licensee
recognizes that Licensor previously entered into a license agreement with La
Quinta Inns, Inc. (“LQI”), pursuant to which, Licensor granted LQI the
nonexclusive right and license to use the Trademarks in connection with the
operation of franchised hotels and hotel related services (including
restaurants) in Canada (the “Canadian License”).  Licensee also recognizes that Licensor
previously entered into a license agreement with LQI pursuant to which,
Licensor granted to LQI the nonexclusive right and license to use the
Trademarks in connection with the operation of franchised hotels and hotel
related services (including restaurants) in the United States (the “U.S.
License”).  Licensor hereby assigns
and Licensee hereby accepts and agrees to be bound by, effective as of the
Effective Date of this License Agreement, the Canadian License, the U.S.
License and all of Licensor’s rights thereunder, including, but not limited to,
Licensor’s right to collect the Earned Royalties, as defined therein.

 

Article III -  Effective Date and Duration 

 

3.1                                                                                 This License
Agreement and the license herein shall continue in perpetuity, unless sooner
terminated as herein provided or otherwise agreed between the parties.

 

Article IV -  Quality Control and Prestige of the
Trademarks

 

4.1                                                                                 Licensee agrees
that the Licensed Services and the Facilities covered by this

 

5

 

Agreement
and the Advertising Materials and Business Materials used therewith shall be of
such style, appearance, distinctiveness and quality as to protect and enhance
the prestige of Licensor, its Trademarks and the goodwill pertaining thereto;
that the Licensed Services will be advertised, marketed, promoted and offered
in accordance with all applicable laws and regulations; and that the policy of
sale and exploitation by Licensee shall be of a high standard.  The quality of the Licensed Services and the
Facilities, as well as the quality of all Business Materials and Advertising
Materials shall meet and satisfy the Specified Quality Standards.

 

4.2                                                                                 Licensee agrees
that the Trademarks are well recognized by the trade and public and are of
great importance and value to Licensor. 
Accordingly, Licensee agrees that its use of the Trademarks shall be in
a commercially acceptable and responsible manner and style to protect and
enhance the prestige of the Trademarks and Licensor, and only in connection
with the Licensed Services, the Facilities and the Advertising Materials and
Business Materials associated therewith.

 

4.3                                                                                 The Facilities
shall retain appearances which conform in all respects to the signage, design,
layout, appearance, style, taste, decoration and location approved and
established by Licensor in accordance with the Specified Quality Standards.

 

4.4                                                                                 In furtherance
of the purpose and intent expressed above, Licensee shall, upon

 

6

 

Licensor’s
reasonable request, supply to Licensor or a designated subsidiary of Licensor
(the “Reviewing Party”), samples of any Business Materials and
Advertising Materials that include the Trademarks to ensure that such Business
Materials and Advertising Materials are in compliance with the Specified
Quality Standards.  These submissions
shall be with respect to any Business Materials and Advertising Materials which
are not otherwise prepared or previously approved by Licensor or the Reviewing
Party and which vary from Licensor’s standard advertising and promotional
materials.  Licensee shall, upon the
Reviewing Party’s reasonable request, permit reasonable inspection of the
Facilities during business hours by the Reviewing Party to inspect the
Facilities to ensure that the operations and methods of offering the Licensed
Services, and the like, that include the use of the Trademarks, are in
compliance with the Specified Quality Standards.

 

4.5                                                                                 Licensor shall
have the right to impose upon Licensee, as necessary, other additional
specifications or requirements not provided for under this Agreement to
maintain control over the Licensed Services to ensure that the requisite
quality standard is being maintained in connection with the offering of the
Licensed Services for which the Trademarks are used.

 

4.6                                                                                 In the event
Licensor determines that any Licensed Services, Facilities or the Advertising
Materials or Business Materials created by Licensee do not comply with the
Specified Quality Standards, Licensor or the Reviewing Party shall

 

7

 

advise
Licensee of all matters requiring change or improvement and Licensee shall
comply in all respects with Licensor’s or the Reviewing Party’s
directions.   Licensee shall be
responsible for the costs of developing and making representative samples of
those Business Materials and Advertising Materials which are submitted to
Licensor or the Reviewing Party pursuant to paragraph 4.4 herein.

 

4.7                                                                                 The Reviewing
Party shall provide a report to Licensee, and a copy to Licensor of the same,
within a reasonable period of time after the Reviewing Party’s inspection of a
Facilities or examination of Licensee’s Advertising Materials and/or Business
Materials which shall set forth whether the Facilities, Advertising Materials
and/or Business Materials were in compliance with the Specified Quality
Standards.

 

Article V -  Property of Licensor

 

5.1                                                                                 Licensee
recognizes the great value of the goodwill associated with the Trademarks and
the identification of the Licensed Services with the Trademarks, and
acknowledges that the Trademarks and all rights therein and goodwill pertaining
thereto, are the exclusive property of and solely owned by Licensor, or its
successor in interest.  Licensee will at
all times hold out and represent Licensor, or its successor in interest, to be
the owner of the Trademarks and that Licensee is a Licensee of Licensor.

 

5.2                                                                                 All use by
Licensee of the Trademarks shall be deemed to inure to the benefit of

 

8

 

Licensor.  To the extent any rights in and to the
Trademarks are deemed to accrue to Licensee, Licensee hereby assigns any and
all such rights, at such time as they may be deemed to accrue, including the
related goodwill, to Licensor.

 

5.3                                                                                 Licensee agrees
that it shall cause appropriate indicia of ownership of the Trademarks (as
required or approved by Licensor or as required by law) to appear on or within
all Advertising Materials and Business Materials.

 

5.4                                                                                 Licensee agrees
to use the Trademarks only in connection with the Licensed Services,
Facilities, Business Materials and Advertising Materials and otherwise as
specifically permitted herein and will not use the Trademarks for any other
purpose or for the benefit of any other party.

 

5.5                                                                                 Licensor agrees
that it shall undertake to register the Trademarks in those countries mutually
agreed upon by Licensor and Licensee, where they are not currently the subject
of application or registration, as shall be reasonably necessary or
appropriate.  The expenses incurred by
Licensor in applying and registering the Trademarks in such other countries
shall be paid for by Licensor.

 

Article VI -  Trademark Protection

 

6.1                                                                                 Licensee agrees
to assist Licensor, to the extent reasonably required or requested by Licensor,
to preserve, maintain and enforce the Trademarks in the Territory.

 

6.2                                                                                 Licensor and
Licensee each recognize that it is important to protect the 

 

9

 

Trademarks
from infringement or encroachment in the Territory.  Therefore, except to the extent expressly prohibited or limited
by applicable law, Licensor authorizes Licensee to commence and prosecute any
claims or suits for infringement in Licensee’s own name as exclusive licensee,
joining Licensor or any other necessary related company as a party if advisable
or if required by the law of the particular forum.  If Licensee elects not to proceed to take action against a
particular infringement under this Agreement, Licensor may choose to proceed
and to join Licensee as a party, at Licensor’s sole cost and expense.  If such action is commenced by Licensor,
Licensee shall cooperate fully.

 

6.3                                                                                 If Licensee
cannot take unilateral action to enforce the Trademarks, Licensor agrees that
it shall either join Licensee as a complaining party or it shall commence
proceedings in Licensor’s own name or take any other action necessary or
advisable to protect the Trademarks from infringement.  Licensor shall also be obligated to take
such action or to commence proceedings to protect the Trademarks in the
Territory.  The costs and expenses of
any such action or proceedings shall be apportioned in accordance with the
terms and conditions to be agreed upon between Licensor and Licensee, at that
time.

 

6.4                                                                                 If there is any
monetary recovery in any action prosecuted by Licensee on its own, Licensee
shall have the right to retain all such amounts recovered, unless the parties
shall agree otherwise.

 

10

 

6.5                                                                                 Licensee agrees
that it will not, during the term of this License Agreement or thereafter,
contest the Licensor’s ownership, title or rights in and to the Trademarks, or
contest the validity of this License Agreement or its binding effect on
Licensee.

 

Article VII -  Sublicense

 

7.1                                                                                 Licensor and Licensee
shall consult in good faith concerning any proposed sublicensing arrangement
and Licensor shall not unreasonably delay, deny or withhold any consent or
approval.  In all sublicensing
arrangements, Licensee shall retain all payment of royalties for sublicensee’s
performance pursuant to the sublicense. Any sublicense agreement shall be
conditioned on (a) the sublicensee in writing assuming all of the Licensee’s
obligations under this Agreement and (b) Licensee remaining liable with respect
to such obligations.

 

Article VIII -  Termination for Insolvency Or Bankruptcy
of Licensee

 

8.1                                                                                 If Licensee
files a petition in bankruptcy, or by equivalent proceeding is adjudicated a
bankrupt, or a petition in bankruptcy is filed against Licensee, or if Licensee
becomes insolvent or makes an assignment for the benefit of creditors or any
arrangement pursuant to any bankruptcy law, or if Licensee discontinues its
business or if a receiver is appointed for Licensee, this License Agreement and
the license hereby granted shall automatically terminate without any notice, to
the extent allowed by applicable law. 
In the event this License Agreement and the license granted herein are
so terminated, Licensee, its receivers, representatives,

 

11

 

trustees,
agents, administrators, successors and/or assigns, shall have no right to sell,
exploit or in any way deal with or in any of the Licensed Services covered by
this License Agreement or use any Business Materials, Advertising Materials or
other items bearing the Trademarks except with and under the special consent
and instruction of Licensor, with such consent and instruction to be in written
form.

 

8.2                                                                                 The
non-assumption of this License Agreement by a trustee presiding over a bankruptcy
proceeding pursuant to any bankruptcy law where the Licensee is named as a
debtor in said proceedings shall operate to automatically terminate this
License Agreement and the license hereby granted, without any notice whatsoever
being necessary, effective as of the date of the commencement of the bankruptcy
proceedings.

 

Article IX -  Termination for Breach

 

9.1                                                                                 Except as
otherwise agreed between the parties, and as provided herein, if Licensee
violates any of its material obligations hereunder, Licensor shall have the
right to terminate this License Agreement and the license herein granted, by
giving to Licensee written notice of such breach and intent to terminate this
License Agreement.  Unless Licensee cures
such breach within 30 days after receipt of such written notice or such other
extended time period as the parties shall mutually agree, this License
Agreement and the license granted herein shall automatically terminate on the
30th day (or extended period), unless otherwise agreed.  Termination of this License Agreement and
the license hereby granted

 

12

 

shall
be without prejudice to any rights or remedies which Licensor may otherwise
have against Licensee.

 

Article X -  Consequences of Expiration or Termination
of This Agreement

 

10.1                                                                           Upon and after
the termination of this License Agreement and the licenses herein granted as to
any or all of the and Licensed Services for whatever reason, all rights granted
to Licensee hereunder to use the Trademarks for such Licensed Services shall
cease immediately.

 

10.2                                                                           From and after
the termination of this License Agreement and the licenses herein granted as to
any or all of the Licensed Services, Licensee agrees not to make references to
the Trademarks in its Advertising Materials or its Business Materials or make
reference to having been formerly associated with or licensed by Licensor, as
to such services.  Licensee agrees that
it shall return to Licensor all Advertising Materials and Business Materials previously
provided by Licensor and shall destroy all Advertising Materials and Business
Materials bearing the Trademarks, which were created by Licensee for use in
connection with the Licensed Services and Facilities pursuant to this License
Agreement.

 

10.3                                                                           Upon and after
the termination of this License Agreement and the licenses herein granted as to
any or all of the Licensed Services, all rights as to such Licensed Services
and use of the Trademarks granted to Licensee hereunder shall forthwith revert
to Licensor without the need for any other formal or ratifying act.

 

13

 

10.4                                                                           Upon and after
the termination of this License Agreement and the licenses herein granted as to
any or all of the Licensed Services, Licensee will refrain from further use of
the Trademarks or any further reference to them, direct or indirect, or of
anything deemed by Licensor to be a simulation of the Trademarks or deceptively
similar thereto.

 

10.5                                                                           Licensee
recognizes that the unauthorized dissemination of any materials bearing or
incorporating the Trademarks upon termination of this License Agreement, would
cause irreparable damage to the prestige of Licensor, to the Trademarks and to
the goodwill pertaining thereto. 
Accordingly, Licensee covenants and agrees that it shall comply with all
direction and instruction of Licensor concerning the use of the Trademarks.

 

Article XI -  Equitable Relief

 

11.1                                                                           Licensee
acknowledges and admits that there would be no adequate remedy at law for its
failure to comply with any of the material terms and conditions hereof, and
Licensee agrees that, in the event of any such failure, Licensor shall be
entitled to equitable relief by way of temporary restraining order, temporary
injunction and permanent injunction and such other and further relief as any
court with jurisdiction may deem proper.

 

Article XII -  Indemnity

 

12.1                                                                           Licensee hereby
indemnifies Licensor and undertakes to defend and hold Licensor harmless from
any claims, suits, loss and damage (including reasonable attorneys’

 

14

 

fees)
arising out of any allegedly unauthorized use of any Trademark, patent,
process, idea, method, design, copyright or device by Licensee in connection
with the Licensed Services covered by this License Agreement or any other
alleged action by Licensee, any sublicensees or Franchisees and also from any
claims, suits, loss and damage (including reasonable attorneys’ fees) arising
out of the offering of the Licensed Services.

 

12.2                                                                           Licensor hereby
indemnifies Licensee and undertakes to defend and hold Licensee, harmless from
any claims, suits, loss and damage (including reasonable attorneys’ fees)
sustained by Licensee as a result of claims that Licensee’s, its sublicensee’s
and Franchisees’ use of the Trademarks infringe or violate the rights of
others.  Licensee shall advise Licensor
of any such claims made against Licensee, its sublicensees and/or Franchisees
and Licensor shall be entitled to defend any such allegations through counsel
of its own choosing.

 

12.3                                                                           Licensor
assumes no responsibility to Licensee or to any third party with respect to the
characteristics or quality of the Licensed Services provided by Licensee.  Licensee agrees to defend, indemnify, and
hold harmless, Licensor, its subsidiaries, and affiliates and any successors or
assigns of Licensor or any of the Trademarks, and their officers, directors,
agents, and employees, against every claim, suit, loss, liability or damage
whatsoever (including but not limited to the expenses of investigation of and
defending against any claim or suit, any amount paid in settlement thereof, and
attorney’s fees), relating to the characteristics or

 

15

 

quality
of the Licensed Services provided by or on behalf of Licensee, whether directly
or through a sublicensee, franchisee or other person.  Licensee agrees to assume the defense of any action or claim
which is within the scope of Licensee’s responsibilities to defend, indemnify,
and hold harmless hereunder.  Licensor
reserves the right to participate in any such action or claim with counsel of
its own choosing at its own expense.

 

12.4                                                                           Licensee agrees
that it will obtain and maintain, at its own expense, comprehensive general liability
insurance from a recognized insurance company providing adequate protection
naming Licensor as an additional insured against any claims, suits, losses or
damages for which it may be required to indemnify Licensor hereunder.  Upon written request, Licensee will supply a
copy of the related insurance policies to Licensor.

 

12.5                                                                           The indemnities
set forth herein shall survive the expiration or termination of this License
Agreement.

 

Article XIII -  Miscellaneous

 

13.1                                                                           All notices,
requests, consents, demands, approvals and other communications hereunder shall
be deemed to have been duly given, made or served if in writing and delivered
personally or sent by overnight carrier or by telex or telecopier with receipt
confirmed, to the respective parties to this License Agreement as follows:

 

16

 

                                a.             If
to Licensor:

 

La Quinta
Properties, Inc.

909 Hidden
Ridge

Suite 600

Irving,
Texas  75038

Attn:  Chief Executive Officer

 

b.             If to Licensee:

 

La Quinta Franchise, LLC

101 Convention Center Drive

Suite 850

Las Vegas, Nevada  89109

Attn:  Manager

 

The
designation of the person to be so notified or the address of such person for
the purposes of such notice may be changed from time to time by similar notice.

 

13.2                                                                           The parties
hereto shall not be liable for failure of performance hereunder if occasioned
by war, declared or undeclared, fire, flood, interruption of transportation,
embargo, accident, explosion, governmental orders, regulations, restrictions,
priorities or rationing, or by strikes, lockouts, or other labor troubles,
interfering with the supplies of raw materials entering into their production
or any other cause beyond the control of the parties.  Any suspension of performance by reason of this paragraph shall
be limited to the period during which such cause of failure exists, but such
suspension shall not affect the running of the term of this License Agreement
as heretofore defined.

 

13.3                                                                           Nothing herein
contained shall be construed to place the parties in a relationship of partners
or joint venturers and Licensee shall have no power to obligate or bind 

 

17

 

Licensor
in any manner whatsoever.

 

13.4                                                                           Any provision
or provisions of this Agreement which in any way contravenes the laws of any
state or country in which this Agreement is effective shall, in such state or
country as the case may be, and to the extent of such contravention of local
law, be deemed separable and shall not affect any other provision or provisions
of this Agreement.

 

13.5                                                                           None of the
terms of this License Agreement shall be deemed to be waived or modified, nor
shall this License Agreement be terminated or discharged except by an agreement
in writing signed by or on behalf of both parties.  There are no representations, promises, warranties, covenants or
undertakings other than those contained in this License Agreement, which
represent the entire understanding of the parties.

 

13.6                                                                           The failure of
a party hereto to enforce, or the delay by a party hereto to enforce, any of
its rights under this License Agreement shall not be deemed a continuing waiver
or a modification by such party of any of the rights hereunder and a party may,
within the time provided by the applicable law, commence appropriate legal or
equitable proceedings to enforce any or all of its rights under this License
Agreement and any prior failure to enforce or delay in enforcement shall not
constitute a defense.

 

13.7                                                                           This Agreement
is made pursuant to and shall be governed by and construed in 

 

18

 

accordance
with the laws of the State of Delaware, without regard to its provisions as to
choice of law.

 

13.8                                                                           Licensor and
Licensee shall each cooperate with one another in entering into and executing
any other written agreements and applications necessary under the laws of any
country or jurisdiction within the Territory to give this License Agreement
full force and effect.

 

13.9                                                                           This License
Agreement shall inure to the benefit of and shall be binding upon the parties,
and their respective permitted successors, transferees and assigns; provided,
however, that subject to paragraph 13.10 herein, Licensee may not assign all or
any portion of this License Agreement without the express prior written consent
of Licensor, which consent may be given or withheld in Licensor’s absolute
discretion.

 

13.10                                                                     This Agreement
may not be transferred or assigned by Licensee to an unrelated third party
other than in connection with the sale, disposition or merger of Licensee’s
company or business, or encumbered by a third party, except with Licensor’s
express written consent.  The following
circumstances shall not be deemed to be an assignment, and shall not require Licensor’s
consent

 

a.                                       the sale or
disposition of all or substantially all of the voting stock or assets of
Licensee; or

 

19

 

b.                                      a public
offering or sale to underwriters of capital stock by Licensee or any successor
there­to or any acquisitions by or of Licensee through merger, purchase of
assets or otherwise effected in whole or in part by issuance or reissuance of
Licensee’s shares of capital stock.

 

13.11                                                                     Licensee agrees
to comply, at its own expense, with all laws, ordinances, rules, regulations,
and other requirements, relating to Licensee’s offering of Licensed Services,
of all governmental units having jurisdiction pertaining to this License
Agreement.

 

13.12                                                                     Each party
shall be responsible for any duties, taxes or penalties imposed by any government
on its respective products.

 

13.13                                                                     Except as
expressly identified herein, there are and shall be no third party
beneficiaries of this License Agreement.

 

[Signature Page to follow.]

 

20

 

IN WITNESS WHEREOF,
the parties hereto have caused this Trademark License Agreement to be duly
executed as of the date and year first written above.

 

	
   

  	
  LA QUINTA
  PROPERTIES, INC.

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ DAVID L. REA

  	
   

  
	
   

  	
  Name:

  	
  David L. Rea

  
	
   

  	
  Title:

  	
  Executive
  Vice President, Chief

  
	
   

  	
   

  	
  Financial
  Officer and Treasurer

  
	
   

  	
   

  	
   

  
	
   

  	
  LA QUINTA
  FRANCHISE, LLC

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ MICHAEL F. BUSHEE

  	
   

  
	
   

  	
  Name:

  	
  Michael F.
  Bushee

  
	
   

  	
  Title:

  	
  Vice
  President

  
								

 

21

 

SCHEDULE A

 

Trademarks

 

	
  Country

  	
   

  	
  Trademark

  	
   

  	
  Registration
  No./Serial No.

  
	
  Argentina

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  LA QUINTA

  	
   

  	
  1,656,347

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  LA QUINTA
  INN & DESIGN

  	
   

  	
  1,656,565

  
	
  Bahamas

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  LA QUINTA

  	
   

  	
  17,113

  
	
  Belize

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  LA QUINTA

  	
   

  	
  7147

  
	
  Bermuda

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  LA QUINTA

  	
   

  	
  26748

  
	
  Bolivia

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  LA QUINTA

  	
   

  	
  62104—C

  
	
  Brazil

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  LA QUINTA

  	
   

  	
  817936351

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  LA QUINTA
  INN & WINDOW DESIGN

  	
   

  	
  817936360

  
	
  Canada

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  LA QUINTA

  	
   

  	
  TMA364525

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  TELQUIK

  	
   

  	
  111398200

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  LQ LA QUINTA
  INN & SUITES & DESIGN

  	
   

  	
  111008400

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  RETURNS

  	
   

  	
  111398100

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  LA QUINTA
  INN & DESIGN

  	
   

  	
  111008500

  

 

A-1

 

	
  Chile

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  LA QUINTA

  	
   

  	
  443.212

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  LA QUINTA
  INN & WINDOW DESIGN

  	
   

  	
  443.213

  
	
  Colombia

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  LA QUINTA

  	
   

  	
  190254

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  LA QUINTA
  INN & WINDOW DESIGN

  	
   

  	
  190253

  
	
  Costa Rica

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  LA QUINTA

  	
   

  	
   

  
	
  Ecuador

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  LA QUINTA

  	
   

  	
  178—96

  
	
  European Community

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  LA QUINTA

  	
   

  	
  002393205

  
	
  Guatemala

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  LA QUINTA

  	
   

  	
  8806—94

  
	
  India

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  LA QUINTA

  	
   

  	
  677305

  
	
  Indonesia

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  LA QUINTA

  	
   

  	
  372248

  
	
  Jamaica

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  LA QUINTA

  	
   

  	
  28,596

  
	
  Mexico

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  LA QUINTA

  	
   

  	
  335462

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  LA QUINTA

  	
   

  	
  328,919

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  TELQUIK

  	
   

  	
  484,558

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  LA QUINTA
  INN & WINDOW DESIGN

  	
   

  	
  485,952

  

 

A-2

 

	
   

  	
   

  	
  LA QUINTA
  INN & WINDOW DESIGN

  	
   

  	
  461,674

  
	
  Netherlands Antilles

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  LA QUINTA

  	
   

  	
  18493

  
	
  Nicaragua

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  LA QUINTA

  	
   

  	
  30,237 CC

  
	
  Panama

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  LA QUINTA

  	
   

  	
  74714

  
	
  United Kingdom

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  LA QUINTA

  	
   

  	
  1348734

  
	
  United States

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  LA QUINTA

  	
   

  	
  1,080,641

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  TELQUIK

  	
   

  	
  1,078,158

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  TEL QUIK
  (STYLIZED)

  	
   

  	
  1,022,257

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  LA QUINTA
  INN & CABALLERO DESIGN

  	
   

  	
  1,199,980

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  LA QUINTA
  (STYLIZED)

  	
   

  	
  875,802

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  CABCLUB

  	
   

  	
  1,411,799

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  LA QUINTA
  MOTOR INNS  & DESIGN

  	
   

  	
  1,393,579

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  LA QUINTA
  MOTOR INNS & BUILDING DESIGN

  	
   

  	
  1,393,578

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  CABCLUB
  & DESIGN

  	
   

  	
  1,411,800

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  LA QUINTA
  BRAIN TRUST

  	
   

  	
  1,429,660

  
	
   

  	
   

  	
   

  	
   

  	
   

  

 

A-3

 

	
   

  	
   

  	
  KING PLUS

  	
   

  	
  1,623,015

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  KEENTA

  	
   

  	
  1,563,984

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  RETURNS

  	
   

  	
  1,572,636

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  LA QUINTA
  INN & WINDOW DESIGN

  	
   

  	
  1,841,032

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  LA QUINTA
  INN & WINDOW DESIGN (WITH COLOR)

  	
   

  	
  1,823,440

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  United States (cont)

  	
   

  	
  FIRST LIGHT

  	
   

  	
  2,076,246

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  GOLD MEDAL

  	
   

  	
  2,061,347

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  LQ LA QUINTA
  INN & SUITES & DESIGN

  	
   

  	
  2,298,693

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  LQ LA QUINTA
  INN & SUITES AND DESIGN (COLOR)

  	
   

  	
  2,300,509

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  AN OASIS
  FROM THE WORLD

  	
   

  	
  2,365,000

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  CAFÉ QUINTA

  	
   

  	
  76/029,804

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  LA QUINTA
  ELINK

  	
   

  	
  76/269,141

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  WE’RE JUST
  YOUR STYLE

  	
   

  	
  76/037,806

  
	
  Venezuela

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  LA QUINTA

  	
   

  	
  S.003310

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  LA QUINTA
  INN & WINDOW DESIGN

  	
   

  	
  S.003002

  
	
  State — Hawaii

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  LA QUINTA
  & CABALLERO DESIGN

  	
   

  	
  21389

  

 

A-4

 

	
  State — Texas

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  TEL—QUIK

  	
   

  	
  31656

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  LA QUINTA

  	
   

  	
  46649

  

 

A-5

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00035-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00035-of-00352.parquet"}]]