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                                                                    EXHIBIT 10.2

                    FIRST AMENDMENT TO MANAGEMENT AGREEMENT

     THIS FIRST AMENDMENT TO HOTEL MANAGEMENT AGREEMENT ("First Amendment") made
and entered into as of this 24th day of April, 2006 by and between Summit Hotel
Properties, LLC, a South Dakota limited liability company (hereinafter referred
to as "Owner"), and The Summit Group, Inc., a South Dakota corporation, acting
on its own behalf, (hereinafter referred to as "Manager"). All terms not defined
herein shall have the meaning as set forth in the Hotel Management Agreement
dated February 11, 2004.

     WHEREAS, Owner and Manager entered into a hotel management agreement as of
February 11, 2004 ("Hotel Management Agreement"); and

     WHEREAS, Owner and Manager desire to amend the Hotel Management Agreement.

     NOW, THEREFORE, in consideration of the mutual covenants herein contained,
the parties hereto agree to amend the Hotel Management Agreement as follows:

     Section 5 Compensation to the Manager shall be revised in its entirety to
read as follows:

5.   COMPENSATION TO THE MANAGER

     The Manager, as a Management Fee, shall be reimbursed for its overhead
     costs and expenses related to managing the Hotels. If Manager manages more
     hotels than the Hotels contemplated by this Agreement, then Manager shall
     charge each hotel managed, including Hotels, its pro rata share of all
     overhead expenses, which include but are not limited to: wages of employees
     and officers, including the salary of Kerry W. Boekelheide; rent; legal;
     accounting; insurance; and travel expenses. In no event will the annualized
     Management Fee exceed four and one-half percent (4l/2%) 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 a 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 Hotels or Owner or shall be reimbursed to the Manager and shall not be
     included in the four and one-half percent of gross revenue cap.

No other terms, conditions or provisions of the Hotel Management Agreement shall
be changed or altered except as set forth herein.

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

OWNER:                                  MANAGER:
SUMMIT HOTEL PROPERTIES, LLC            THE SUMMIT GROUP, INC.

/s/ Kerry W. Boekelheide                /s/ Kerry W. Boekelheide
------------------------------------    ----------------------------------------
By: Kerry W. Boekelheide                By: Kerry W. Boekelheide
Its: Manager                            Its: President<PAGE>

                                                                    Exhibit 10.3

                              MANAGEMENT AGREEMENT

     THIS HOTEL MANAGEMENT AGREEMENT (the "Agreement" or "Hotel Management
Agreement") made and entered into as of this 20th day of December 2004, by and
between Summit Hospitality I, LLC a Delaware limited liability company
(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 all hotels currently owned or
hereinafter owned by Owner ("Hotels") 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 Hotels 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 Hotels upon the terms and conditions
     hereinafter set forth, for a period ending on the first to occur of: (1)
     the dissolution of the Owner, or (2) termination of this Agreement. The
     Manager shall manage the Hotels, devoting such time thereto as in its sole
     discretion, it shall determine to be necessary to manage the Hotels 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 Hotels 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 HOTELS

     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 Hotels, 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 any or all
     accounting, bookkeeping and administrative duties may be performed by
     employees of Manager. Expenses of Manager's bookkeeping department shall be
     paid by all hotels and businesses, including Hotels, 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 Hotels
     or otherwise received for an 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 Hotels.

     (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 Manger liable to third
     parties except in the course of managing and operating the Hotels; (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

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     Owner, including but not limited to, the purchase or 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 Hotels 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 Hotels,
     including capital expenditures; marketing and advertising expenses; debt
     service on any mortgage or other loans to the Hotels; 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 Hotels or for the account of Owner, nor to
     incur any liability with respect to the Hotels. However, if manager shall
     have advanced funds for any necessary and appropriate expenses, Owner shall
     reimburse manager therefore on demand. In the event Manager advances funds
     for the maintenance and operation of the Hotels or for the account of
     Owner, Owner shall pay Manager interest on the advanced funds at a rate to
     be determined by the parties.

5.   COMPENSATION TO THE MANAGER

     The Manager, as a Management Fee, shall be reimbursed for its overhead
     costs and expenses related to managing the Hotels. If Manager manages more
     hotels than the Hotels contemplated by this Agreement, then Manager shall
     charge each hotel managed, including Hotels, its pro rata share of all
     overhead expenses, which include but are not limited to: wages of employees
     and officers, including the salary of Kerry W. Boekelheide; rent; legal;
     accounting; insurance; and travel expenses. In no event will the annualized
     Management Fee exceed four and one-half percent (4.5%) of annual gross
     revenues of the Hotels. Such Management Fee shall be paid to Manager on a
     monthly basis. Any expenses for services that would customarily be handled
     by a hotel property, such as bookkeeping, and

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     expenses that are paid for third party services, such as accounting and
     legal services, shall be paid directly by the Hotels or Owner or shall be
     reimbursed to the Manager and shall not be included in the four and
     one-half percent of gross revenue cap.

6.   TERMINATION

     (A) FOR CAUSE.

          This Agreement may be terminated by the Owner and the Manager may be
          removed, in part or in while, as further described in Section 6b
          below, only for "cause". "Cause" shall mean a material violation or
          breach of the authority, duty or obligations given to the Manager
          under this Agreement, or knowingly and intentionally failing to
          discharge such duties, willfully and wantonly disregarding the
          interest of the Owner or the Hotels, intentionally and deliberately
          disregarding standards of behavior or conduct for a hotel management
          position which the Owner and others have a right to expect of Manager,
          or any other acts or omissions of carelessness or negligence of such
          degree or recurrence as to manifest equal culpability or wrongful
          intent. Mere failure to perform as the result of a good faith error in
          judgment or discretion shall not constitute "cause".

     (B) PARTIAL TERMINATION.

          In the event that the grounds for removal of Manager are deemed
          specific to one or more individual Hotels, either under a respective
          franchise agreement or otherwise, this Agreement shall only be
          terminated with respect to such Hotel or Hotels. The remaining rights,
          authority and obligations of Manager with respect to the remaining
          Hotels shall remain.

     (C) NOTICE TO FRANCHISOR.

          Except as otherwise provided herein, Owner shall provide no less than
          thirty (30) days prior written notice of removal of Manager from
          management of a Hotel or Hotels to the Franchisor or Franchisors of
          such Hotels. In the event the breach warrants immediate removal of the
          Manager, such as theft, fraud, or actions or omissions that default
          under a franchise agreement, notice shall be promptly provided to the
          respective Franchisors, but the Manager may be removed immediately.

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

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     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 Hotels
     (including the loss of use thereof following any damage, injury, or
     destruction) arising from any cause except for fraud or 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 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 Hotels arising from the fraud or 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.

9.   FRANCHISE COMPLIANCE

     Manager understands that several of the Hotels are franchised by various
     national hotel franchise companies ("Franchisors"). Each of the Franchisors
     sets forth rules, standards and procedures that must be followed by the
     Hotels that are bound by the respective franchises.

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 an
     defect, 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 an defect

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     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.

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 HOSPITALITY I, LLC               THE SUMMIT GROUP, INC.

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

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

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