Document:

EXHIBIT 10.10

 

PROPERTY EXCHANGE AGREEMENT

 

among

 

HOSPITALITY PROPERTIES TRUST,

 

HPT TA PROPERTIES TRUST,

 

HPT TA PROPERTIES LLC,

 

TRAVELCENTERS OF AMERICA LLC

 

and

 

TA OPERATING LLC

 

 

JUNE 9, 2015

 

 

 

PROPERTY EXCHANGE AGREEMENT

 

THIS PROPERTY EXCHANGE AGREEMENT is made and entered into as of June 9, 2015 (the “Effective Date”) among Hospitality Properties Trust, a Maryland real estate investment trust (“HPT”), HPT TA Properties Trust, a Maryland real estate investment trust (“HPT TA Trust”), HPT TA Properties LLC, a Maryland limited liability company (“HPT TA LLC”), TravelCenters of America LLC, a Delaware limited liability company (“TA LLC”), and TA Operating LLC, a Delaware limited liability company, together with any of its successors and assigns as expressly permitted hereunder (“TA Operating”).

 

PRELIMINARY STATEMENTS

 

HPT, HPT TA Trust, HPT TA LLC, TA LLC and TA Operating are parties, among others, to that certain Transaction Agreement, dated as of June 1, 2015 (the “Transaction Agreement”), pursuant to which HPT TA Trust and HPT TA LLC agreed to convey to TA Operating the COFO Properties (this and other capitalized terms used and not otherwise defined herein shall have the meaning given such terms in Article 1) and TA Operating agreed to convey to HPT TA Trust or HPT TA LLC (at HPT’s election) the New Properties and the Legacy Properties, in each case subject to and in accordance with the terms and conditions in the Transaction Agreement and as hereinafter set forth.

 

NOW, THEREFORE, it is agreed:

 

ARTICLE 1
 DEFINITIONS

 

1.1                               Capitalized Terms.  Capitalized terms used and not otherwise defined in this Agreement shall have the meanings set forth below or in the section of this Agreement referred to below and such definitions shall apply equally to the singular and plural forms of such terms.

 

“Agreement”:  this Property Exchange Agreement, together with all exhibits and schedules attached hereto.

 

“Closing”:  the closing and consummation of the conveyances and exchanges contemplated by this Agreement.

 

“COFO Properties”: collectively, the Land identified on Schedule 1 and all Improvements thereon.

 

“COFO Properties Price”: $45,042,040.

 

“Improvements”:  collectively, all buildings, structures and other improvements of every kind including, but not limited to, “integral equipment” (as defined in accounting standards codification topic 360-20), underground storage tanks, alleyways and connecting tunnels, sidewalks, utility pipes, conduits and lines (on-site and off-site), parking areas and roadways appurtenant to such buildings and structures situated upon any of the Land and, in the case of the Legacy Properties identified on Schedule 2, on the parcels of land owned or ground leased by HPT TA Trust or HPT TA LLC, as indicated thereon.

 

 

“Intangible Property”:  collectively, all transferable or assignable permits, certificates of occupancy, sign permits, development rights and approvals, certificates, licenses, warranties and guarantees, and all other transferable intangible property, miscellaneous rights, benefits and privileges of any kind or character to the extent related to the ownership, and not the operation, of the New Properties, Legacy Properties or COFO Properties, as the case may be.

 

“Internal Revenue Code”:  the Internal Revenue Code of 1986, as amended and in effect from time to time, and including the applicable Treasury Regulations thereunder.

 

“Land”:  collectively, all of TA Operating’s, HPT TA Trust’s and HPT TA LLC’s  right, title and interest in and to the parcel or parcels of land described in Exhibit A as being owned by any of them, together with all easements and appurtenances related thereto.

 

“Legacy Properties”: collectively, the Improvements on the land owned or ground leased by HPT TA Trust or HPT TA LLC, as identified on Schedule 3.

 

“Legacy Properties Price”: $38,571,218.

 

“Losses”: the meaning given in Section 3.3.

 

“Net Exchange Price”: the sum of the New Properties Price plus the Legacy Properties Price less the COFO Properties Price.

 

“New Properties”: collectively, the Land identified on Schedule 4 and all Improvements thereon.

 

“New Properties Price”: $144,827,943.

 

“Permitted Encumbrances”:  in respect of any Real Property, collectively, applicable zoning, subdivision, building and other land use laws and regulations; liens for taxes, assessments and governmental charges not yet due and payable or due and payable but not yet delinquent; all matters shown on or referenced in the Title Commitment for such Real Property which are reasonably acceptable to HPT (with respect to any Real Property other than a COFO Property) or TA (with respect to any COFO Property); and all matters shown on the Survey for such Real Property which are reasonably acceptable to HPT (with respect to any Real Property other than a COFO Property) or TA (with respect to any COFO Property).

 

“Properties”: collectively, the Real Property and any related Intangible Property.

 

“Real Property”:  any of the New Properties, Legacy Properties or the COFO Properties.

 

“Survey”:  with respect to each Real Property, the ALTA/ACSM land title survey corresponding to such Real Property as identified on Schedule 5.

 

“Title Commitment”:  with respect to each Real Property, the title commitment or date down endorsement issued by the Title Company corresponding to such Real Property as identified on Schedule 6, together with copies of all exception documents referred to therein.

 

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“Title Company”:  First American Title Insurance Company or Stewart Title Guaranty Company, as applicable.

 

ARTICLE 2
 CONVEYANCE AND EXCHANGE; CLOSING

 

2.1                               Conveyance and Exchange.  In consideration of the payment by HPT to TA Operating of the Net Exchange Price as herein provided and the conveyance by HPT TA Trust and HPT TA LLC of the COFO Properties to TA Operating, TA Operating shall simultaneously convey the New Properties and the Legacy Properties to HPT TA Trust and/or HPT TA LLC, at HPT’s election.  Each such conveyance shall include any related Intangible Property and shall be made subject to and in accordance with the terms and conditions of this Agreement.

 

2.2                               Closing.  The conveyance and exchange of all of the Real Properties and related Intangible Property and the payment of the Net Exchange Price shall be consummated contemporaneously with the execution of this Agreement.

 

2.3                               IRS Real Estate Sales Reporting.  TA Operating shall act as “the person responsible for closing” the transactions which are the subject of this Agreement pursuant to Section 6045(e) of the Internal Revenue Code and shall prepare and file all informational returns, including IRS Form 1099-S, and shall otherwise comply with the provisions of Section 6045(e) of the Internal Revenue Code.

 

ARTICLE 3
 CLOSING OBLIGATIONS

 

3.1                               Payment of the Net Exchange Price.  On the Effective Date, HPT shall pay the Net Exchange Price to TA Operating by wire transfer of immediately available funds as instructed by TA Operating.

 

3.2                               HPT TA Trust’s, HPT TA LLC’s and HPT’s Closing Obligations in Respect of the COFO Properties.  On the Effective Date, HPT TA Trust and HPT TA LLC shall deliver to TA Operating:

 

(i)                         Good and sufficient deed(s) with covenants against grantor’s acts, or their local equivalent, in proper statutory form for recording, duly executed and acknowledged by HPT TA Trust or HPT TA LLC, as the case may be, conveying good and marketable fee simple title to the COFO Property(ies) owned by each, free from all liens and encumbrances other than the Permitted Encumbrances;

 

(ii)                      A certificate of non-foreign status, pursuant to Section 1445 of the Internal Revenue Code, substantially in the form of Exhibit B, duly executed by HPT; and

 

(iii)                   Such other conveyance documents, certificates, deeds, affidavits and other instruments as TA Operating or the Title Company may reasonably require to carry out the transactions contemplated by this Agreement and as are customary in like transactions in the area in which any of the COFO Properties is located.

 

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3.3                               Assignment and Assumption of Intangible Property and Indemnity attributable to the COFO Properties.  HPT TA Trust and HPT TA LLC hereby assign to TA Operating all of their right, title and interest in and to the Intangible Property attributable to the COFO Properties to the extent first arising from and after the Effective Date.  TA Operating hereby assumes all of HPT TA Trust’s and HPT TA LLC’s obligations with respect to the Intangible Property attributable to the COFO Properties to the extent first arising from and after the Effective Date.  TA Operating hereby agrees to perform all of HPT TA Trust’s and HPT TA LLC’s obligations with respect to Intangible Property attributable to the COFO Properties to the extent first arising from and after the Effective Date.  In each case, subject to any lease or other agreement between HPT TA Trust and/or HPT TA LLC and TA Operating that may otherwise allocate responsibilities, TA Operating shall indemnify, defend and hold harmless HPT TA Trust and HPT TA LLC from and against any and all losses, costs, damages, demands, expenses, fees, fines, including reasonable attorneys’ fees (“Losses”) arising from the Intangible Property attributable to the COFO Properties to the extent first arising from and after the Effective Date and HPT TA Trust and HPT TA LLC shall indemnify, defend and hold harmless TA Operating from and against any and all Losses arising from the Intangible Property attributable to the COFO Properties to the extent first arising prior to the Effective Date.

 

3.4                               TA Operating’s and TA LLC’s Closing Obligations in Respect of the New Properties and the Legacy Properties.  On the Effective Date, TA Operating shall deliver to HPT TA Trust and/or HPT TA LLC, as applicable:

 

(i)                         Good and sufficient deeds with covenants against grantor’s acts, or its local equivalent, or assignments of ground leases, as applicable, in proper statutory form for recording, duly executed and acknowledged by TA Operating, conveying good and marketable fee simple title to each of the New Properties and the Legacy Properties, free from all liens and encumbrances other than the Permitted Encumbrances;

 

(ii)                      A certificate of non-foreign status, pursuant to Section 1445 of the Internal Revenue Code, substantially in the form of Exhibit B, duly executed by TA LLC; and

 

(iii)                   Such other conveyance documents, certificates, deeds, affidavits and other instruments as HPT TA Trust, HPT TA LLC, or the Title Company may reasonably require to carry out the transactions contemplated by this Agreement and as are customary in like transactions in the area in which any of the New Properties or Legacy Properties is located.

 

3.5                               Assignment and Assumption of Intangible Property and Indemnity attributable to the New Properties and the Legacy Properties.  TA Operating hereby assigns to HPT TA Trust and/or HPT TA LLC, respectively, all of its right, title and interest in and to the Intangible Property attributable to the New Properties and the Legacy Properties being acquired by HPT TA Trust and/or HPT TA LLC, to the extent first arising from and after the Effective Date.  HPT TA Trust and/or HPT TA LLC, respectively, each hereby assumes all of TA Operating’s obligations with respect to the Intangible Property attributable to the New Properties and the Legacy Properties being acquired by it to the extent first arising from and after the Effective Date.  HPT TA Trust and/or HPT TA LLC, respectively, each hereby agrees to perform all of TA Operating’s obligations with respect to the Intangible Property attributable to the New Properties and the Legacy Properties being acquired by it to the extent first arising from and after the

 

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Effective Date.  In each case, subject to any lease or other agreement between or among HPT TA Trust and/or HPT TA LLC and TA Operating that may otherwise allocate responsibilities, HPT TA Trust and/or HPT TA LLC, respectively, shall indemnify, defend and hold harmless TA Operating from and against any and all Losses arising from the Intangible Property attributable to the New Properties and the Legacy Properties being acquired by it to the extent first arising from and after the Effective Date and TA Operating shall indemnify, defend and hold harmless HPT TA Trust and/or HPT TA LLC, respectively, from and against any and all Losses arising from the Intangible Property attributable to the New Properties and the Legacy Properties to the extent first arising prior to the Effective Date.

 

ARTICLE 4
 PRORATIONS

 

4.1                               Proration Items.  Inasmuch as TA Operating will be leasing the New Properties and the Legacy Properties from subsidiaries of HPT on and after the Effective Date and TA Operating has leased the COFO Properties from subsidiaries of HPT prior to the Effective Date, all customary and usual prorations, including for ad valorem real estate taxes, personal property taxes, assessments or special assessments, water, gas, electric or other utilities, shall be made for the account of TA Operating as a seller or a buyer under this Agreement or as the tenant under the lease previously entered into, or being entered into, by TA Operating and subsidiaries of HPT.

 

4.2                               Survival.  The obligations of the parties under this Article 4 shall survive the Closing.

 

ARTICLE 5
 MISCELLANEOUS

 

5.1                               Like-Kind Exchange.  All the parties hereto are, for federal income tax purposes, either HPT (or subsidiaries thereof disregarded for federal income tax purposes) or TA LLC (or subsidiaries thereof disregarded for federal income tax purposes).  It is the intent of the parties that the exchange of the Properties pursuant to Section 2.1 shall constitute (or be part of) for each of HPT and TA LLC, to the maximum extent possible, a simultaneous or deferred like kind exchange in accordance with Section 1031 of the Internal Revenue Code, and each party hereto shall cooperate with the reasonable requests of the other parties to further such intent.  In furtherance of the foregoing and by way of example, but not limitation, HPT and its applicable subsidiaries agree to execute an instrument acknowledging and consenting to an assignment by TA Operating of its rights under this Agreement to a “qualified intermediary” in order to facilitate a deferred like kind exchange under Section 1031 of the Internal Revenue Code, provided, however, such assignment shall not relieve TA Operating of any of its obligations hereunder.

 

5.2                               Governing Law.  This Agreement shall be interpreted, construed, applied and enforced in accordance with the laws of The Commonwealth of Massachusetts.

 

5.3                               Severability.  If any provision of this Agreement shall be held or deemed to be, or shall in fact be, invalid, inoperative or unenforceable as applied to any particular case in any

 

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

 

5.4                               No Third Party Beneficiaries.  This Agreement shall be binding upon and shall inure to the benefit of the parties hereto and their respective legal representatives, successors and permitted assigns.  This Agreement is not intended and shall not be construed to create any rights in or to be enforceable in any part by any other persons.

 

5.5                               Entire Agreement.  This Agreement and the Transaction Agreement constitute the entire agreement of the parties hereto with respect to the subject matter hereof and shall supersede and take the place of any other instruments purporting to be an agreement of the parties hereto relating to the subject matter hereof.

 

5.6                               Merger.  Except with respect to the any obligation expressly stated to survive the Closing, none of the terms or provisions of this Agreement shall survive the Closing, and the payment of the Net Exchange Price and delivery of the deeds and other closing documents at the Closing shall effect a merger, and be deemed the full performance and discharge of every obligation on the part of each of the parties to be performed hereunder.

 

5.7                               Counterparts.  This Agreement may be executed in one (1) or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.  Any such counterparts or signatures may be delivered by facsimile or e-mail (in .pdf format), and any counterparts or signatures so delivered shall be deemed an original counterpart or signature for all purposes related to this Agreement.

 

5.8                               Section and Other Headings.  The headings contained in this Agreement are for reference purposes only and shall not in any way affect the meaning or interpretation of this Agreement.

 

5.9                               Time of Essence.  Time shall be of the essence with respect to the performance of each and every covenant and obligation, and the giving of all notices, under this Agreement.

 

5.10                        HPT STATEMENT OF LIMITED LIABILITY.  THE AMENDED AND RESTATED DECLARATION OF TRUST ESTABLISHING HOSPITALITY PROPERTIES TRUST, DATED AUGUST 21, 1995, AS AMENDED AND SUPPLEMENTED, AS FILED WITH THE STATE DEPARTMENT OF ASSESSMENTS AND TAXATION OF MARYLAND, PROVIDES THAT NO TRUSTEE, OFFICER, SHAREHOLDER, EMPLOYEE OR AGENT OF HOSPITALITY PROPERTIES TRUST SHALL BE HELD TO ANY

 

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PERSONAL LIABILITY, JOINTLY OR SEVERALLY, FOR ANY OBLIGATION OF, OR CLAIM AGAINST, HOSPITALITY PROPERTIES TRUST.  ALL PERSONS DEALING WITH HOSPITALITY PROPERTIES TRUST IN ANY WAY SHALL LOOK ONLY TO THE ASSETS OF HOSPITALITY PROPERTIES TRUST FOR THE PAYMENT OF ANY SUM OR THE PERFORMANCE OF ANY OBLIGATION.

 

5.11                        HPT-TA TRUST STATEMENT OF LIMITED LIABILITY.  THE DECLARATION OF TRUST ESTABLISHING HPT TA PROPERTIES TRUST, DATED NOVEMBER 29, 2006, AS AMENDED AND SUPPLEMENTED, AS FILED WITH THE STATE DEPARTMENT OF ASSESSMENTS AND TAXATION OF MARYLAND, PROVIDES THAT NO TRUSTEE, OFFICER, SHAREHOLDER, EMPLOYEE OR AGENT OF HPT TA PROPERTIES TRUST SHALL BE HELD TO ANY PERSONAL LIABILITY, JOINTLY OR SEVERALLY, FOR ANY OBLIGATION OF, OR CLAIM AGAINST, HPT TA PROPERTIES TRUST.  ALL PERSONS DEALING WITH HPT TA PROPERTIES TRUST IN ANY WAY SHALL LOOK ONLY TO THE ASSETS OF HPT TA PROPERTIES TRUST FOR THE PAYMENT OF ANY SUM OR THE PERFORMANCE OF ANY OBLIGATION.

 

5.12                        Survival.  The provisions of this Article 5 shall survive the Closing.

 

[Remainder of page intentionally left blank; signature page follows.]

 

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

 

	
 
    	
Hospitality Properties   Trust
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/ Mark L. Kleifges
    
	
 
    	
 
    	
Mark L. Kleifges
    
	
 
    	
 
    	
Treasurer and Chief   Financial Officer
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
HPT TA Properties Trust
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/ Mark L. Kleifges
    
	
 
    	
 
    	
Mark L. Kleifges
    
	
 
    	
 
    	
Treasurer and Chief   Financial Officer
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
HPT TA Properties LLC
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/ Mark L. Kleifges
    
	
 
    	
 
    	
Mark L. Kleifges
    
	
 
    	
 
    	
Treasurer and Chief   Financial Officer
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
TravelCenters of   America LLC
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/ Mark R. Young
    
	
 
    	
 
    	
Mark R. Young
    
	
 
    	
 
    	
Executive Vice   President and
    
	
 
    	
 
    	
General Counsel
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
TA Operating LLC
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/ Mark R. Young
    
	
 
    	
 
    	
Mark R. Young
    
	
 
    	
 
    	
Executive Vice   President and
    
	
 
    	
 
    	
General Counsel
    

 

[Signature Page to Exchange Agreement]

 

 

Exhibit A

 

Legal Descriptions

 

	
Ex.
    	
 
    	
Site Name
    	
 
    	
Street Address
    	
 
    	
City
    	
 
    	
State
    	
 
    	
Owner
    
	
A-1
    	
 
    	
Petro Gadsden
    	
 
    	
1724 West Grand Ave.
    	
 
    	
Gadsden
    	
 
    	
AL
    	
 
    	
TA Operating
    
	
A-2
    	
 
    	
TA Montgomery
    	
 
    	
980 West South Blvd.
    	
 
    	
Montgomery
    	
 
    	
AL
    	
 
    	
HPT TA Trust
    
	
A-3
    	
 
    	
Petro Santa Nella
    	
 
    	
28991 West Gonzaga Road
    	
 
    	
Santa Nella
    	
 
    	
CA
    	
 
    	
TA Operating
    
	
A-4
    	
 
    	
TA Jackson
    	
 
    	
PO Box 967
    	
 
    	
Jackson
    	
 
    	
GA
    	
 
    	
HPT TA LLC
    
	
A-5
    	
 
    	
Petro Monee
    	
 
    	
5915 Monee Rd.
    	
 
    	
Monee
    	
 
    	
IL
    	
 
    	
TA Operating
    
	
A-6
    	
 
    	
TA Morris
    	
 
    	
21 Romines Drive
    	
 
    	
Morris
    	
 
    	
IL
    	
 
    	
TA Operating
    
	
A-7
    	
 
    	
Petro Greensburg
    	
 
    	
1409 S. Country Rd #850 E.
    	
 
    	
Greensburg
    	
 
    	
IN
    	
 
    	
TA Operating
    
	
A-8
    	
 
    	
TA Beto Junction
    	
 
    	
2775 U.S. Hwy 75
    	
 
    	
Lebo
    	
 
    	
KS
    	
 
    	
TA Operating
    
	
A-9
    	
 
    	
TA Greenwood
    	
 
    	
8560 Greenwood Rd.
    	
 
    	
Greenwood
    	
 
    	
LA
    	
 
    	
TA Operating
    
	
A-10
    	
 
    	
Petro Florence
    	
 
    	
3001 TV Road
    	
 
    	
Florence
    	
 
    	
SC
    	
 
    	
TA Operating
    
	
A-11
    	
 
    	
TA Knoxville
    	
 
    	
615 Watt Road
    	
 
    	
Knoxville
    	
 
    	
TN
    	
 
    	
HPT TA Trust
    
	
A-12
    	
 
    	
TA Denton
    	
 
    	
6420 N I-35
    	
 
    	
Denton
    	
 
    	
TX
    	
 
    	
HPT TA Trust
    
	
A-13
    	
 
    	
TA Edinburg
    	
 
    	
8301 N Expressway 281
    	
 
    	
Edinburg
    	
 
    	
TX
    	
 
    	
TA Operating
    
	
A-14
    	
 
    	
TA Laredo
    	
 
    	
1010 Beltway Parkway
    	
 
    	
Laredo
    	
 
    	
TX
    	
 
    	
TA Operating
    
	
A-15
    	
 
    	
TA Sweetwater
    	
 
    	
PO Box 1578
    	
 
    	
Sweetwater
    	
 
    	
TX
    	
 
    	
HPT TA Trust
    

 

Note:  For the avoidance of doubt, the land owned or ground leased by HPT TA Trust or HPT TA LLC and identified on Schedule 2 and Schedule 3 of this Agreement in connection with the Legacy Properties is not included in the defined term Land for purposes of this Agreement.

 

 

	

    	
EXHIBIT A-1   Petro Gadsden 1724 West Grand Avenue Gadsden, AL Parcel I: A parcel of land   located in the North haif of Section 14, Township 12 South, Range 5 East,   Etowah County, Alabama, and being more particularly described as follows:   Commence at a concrete monument found at the Northeast corner of said Section   14; thence run North 89 degrees 31 minutes, 28 seconds West and along the   Section line 1049.93 feet; thence run South 00 degrees, 38 minutes 01 seconds   West 1280.05 feet to a concrete monument found at the Point of Beginning;   thence run North 89 degrees 20 minutes, 49 seconds West 1361.70 feet to a   rebar found on the East right-of-way of Interstate 59, a variable-width   right-of-way; thence run South 45 degrees, 53 minutes, 22 seconds West and along   said East right-of-way 326.88 feet to a concrete monument found; thence run   South 89 degrees, 20 minutes 20 seconds East 1593.90 feet to a rebar found;   thence run North 00 degrees, 37 minutes, 40 seconds East 230.40 feet to the   Point of Beginning; situated, lying and being in Etowah County, Alabama.   Parcel II: Commence at the Southeast corner of the Southeast 1/4 of the   Northeast 1/4, Section 14, Township 12 South, Range 5 East, and run northerly   along the East line of said Southeast 1/4 of the Northeast 1/4 a distance of   127,60 feet; thence deflect 89 deg. 35 min, 00 sec. left and run a distance   of 17.70 feet; thence deflect 90 deg. 00 min. 00 sec. right and run northerly   a distance of 1608,53 feet, said point being 100 feet South of and parallel   to the centerline of Alabama Highway 77; thence deflect 63 deg. 56 min, 00   sec. left and run northwesterly 100 feet South of and parallel to the   centerline of Alabama Highway 77 a distance of 1015,30 feet; thence deflect   90 deg. 00 min. 00 sec. left and run southwesterly a distance of 50.00 feet   to a point on the southwesterly right of way line of Alabama Highway 77;   thence deflect 89 deg. 47 min. 21 sec. right and run northwesterly along the   southwesterly right of way line of Alabama Highway 77 a distance of 128.66   feet to the point of beginning; From said point of beginning deflect 115 deg.   49 min. 09 sec. left and run southerly along the West line of a 1 00 foot   wide reserved road right of way a distance of 851.43 feet; thence deflect 90   deg, 01 min, 34 sec. right and run westerly a distance of 1361.76 feet to a   point on the southeasterly right of way line of Interstate 59; thence deflect   135 deg. 15 min. 00 sec. right and run northeasterly along the southeasterly   right of way line of Interstate 59 ramp a distance of 692,44 feet to an   existing concrete monument; thence deflect 11 deg. 19 min. 40 sec. left and   continue northeasterly along the southeasterly right of way line of   Interstate 59 ramp a distance of 500,07 feet to an existing concrete   monument; thence deflect 18 deg. 30 min. 40 sec. left and continue   northeasterly along the southeasterly right of way line of Interstate 59 ramp   a distance of 165.52 feet to an existing concrete monument on the South right   of way line of Alabama Highway 77; thence deflect right and run southeasterly   along the southwesterly right of way line of Alabama Highway 77 and along a   curve to the right having a Central Angle of 12 deg. 59 min. 48 sec., Radius   of 1995.80 feet, Arc = 452,72 feet, a distance of 451.75 feet, measured along   the chord of said curve having a Deflection Angle of 94 deg. 15 min. 18 sec.   right and from the previous course; thence deflect 6 deg. 07 min. 37 sec.   right from the chord of said curve and continue southeasterly along the   southwesterly right of way line of Alabama Highway 77 a distance of 134.97   feet to the point of beginning. Said parcel of land being a portion of the   North 1/2 of Section 14, Township 12 South, Range S East, being subject to a   15 foot utility easement along the North side of the properly and a 30 foot   utility easement along the West sides of the property for an existing gas   main, lying and being in Gadsden, Etowah County, Alabama. 
    

 

	

    	
Gadsden, AL   35904 Page 2 Parcel III: A parcel of land located in the Northeast Quarter of   Section 14, Township 12 South, Range 5 East, Etowah County, Alabama, and   being more particularly described as follows: Commence at the Northeast   corner of said Section 14; thence run North 89 degrees, 31 minutes, 28   seconds West and along the North line of Section 14 a distance of 1049.93   feet; thence run South 00 degrees, 38 minutes, 01 seconds West a distance of   428.58 feet to a point on the South right-of-way of Alabama Highway 77,   variable-width right-of-way, and the Point of Beginning; thence run South 00   degrees, 38 minutes, 01 seconds West and along the West margin of a 100 foot   wide street right-of-way a distance of 851,47 feet; thence run South 00   degrees, 37 minutes, 40 seconds West and along the West margin of a 100 foot   wide street right-of-way a distance of 230.40 feet; thence run North 89   degrees, 20 minutes 20 seconds East a distance of 40.00 feet; thence run   North 00 degrees, 38 minutes 03 seconds East a distance of 1062.53 feet, more   or less, to a point on the South right-of-way of said Highway 77; thence run North   63 degrees, 34 minutes, 10 seconds West and along said right-of-way a   distance of 44.44 feet, more or less, to the Point of Beginning; situated,   lying and being in Etowah County, Alabama. Less and Except from Parcels I, II   & III: A parcel of land located in the Northeast quarter of Section 14,   Township 12 South, Range 5 East, Etowah County, Alabama, and being more   particularly described as follows: Commence at a concrete monument found at   the Northeast corner of said Section 14; thence run North 89 degrees, 31   minutes, 28 seconds West and along the section line 1049.93 feet; thence run   South 00 degrees, 38 minutes, 01 seconds West 428,58 feet to a concrete   monument found on the South right-of way of Alabama Highway 77, a variable-width   right-of-way; thence run North 63 degrees, 34 minutes, 10 seconds West and   along said right-of-way 134.52 feet to a concrete monument found; thence   continue northwestwardly along said right-of-way, said right-of-way curving   to the left and having a radius of 2067.90 feet, a chord distance of 451.75   feet to a concrete monument found on the East right-of-way of Interstate 59,   said chord bearing North 69 degrees, 40 minutes, 16 seconds West; thence run   South 16 degrees, 04 minutes 41 seconds West and along said East right of way   165.52 feet to a concrete monument found; thence run South 34 degrees, 33   minutes, 56 seconds West 38,69 feet to a capped rebar set at the Point of   Beginning; thence continue South 34 degrees 33 minutes, 56 seconds West along   said right-of-way 247.27 feet to a capped rebar set; thence run South 58   degrees, 34 minutes, 55 seconds East 240.29 feet to a capped rebar set;   thence run North 34 degrees, 34 minutes, 57 seconds East 95.02 feet to a   capped rebar set; thence run northeastwardly along a curve to the left, said   curve having a radius of 420.00 feet, a chord distance of 86.40 feet to a   capped rebar set, said chord bearing North 28 degrees, 40 minutes 05 seconds   East; thence run North 22 degrees, 46 minutes 33 seconds East 99.22 feet to a   capped rebar set; thence run North 67 degrees, 13 minutes, 27 seconds West   215.37 feet to the Point of Beginning. Austin’s Seafood and Steakhouse,   L.L.C. Legal Parcel IV: A parcel of land located in the Northeast quarter of   Section 14, Township 12 South, Range 5 East, Etowah County, Alabama, and   being more particularly described as follows: Commence at a concrete monument   found at the Northeast corner of said Section 14; thence run North 89   degrees, 31 minutes, 28 seconds West and along the section line 1049.93 feet;   thence run South 00 degrees, 
    

 

	

    	
Gadsden, AL   35904 Page 3 38 minutes, 01 seconds West 428.58 feet to a concrete monument   found on the South right-of-way of Alabama Highway 77, a variable-width   right-of-way; thence run North 63 degrees, 34 minutes, 10 seconds West and   along said right-of-way 134.52 feet to a concrete monument found; thence   continue northwestwardly along said right-of-way, said right-of-way curving   to the left and having a radius of 2067.90 feet, a chord distance of 451.75   feet to a concrete monument found on the East right-of-way of Interstate 59,   said chord bearing North 69 degrees, 40 minutes, 16 seconds West; thence run   South 16 degrees, 04 minutes 41 seconds West and along said East right of way   165.52 feet to a concrete monument found; thence run South 34 degrees, 33   minutes, 56 seconds West 38.69 feet to a capped rebar set at the Point of   Beginning; thence continue South 34 degrees 33 minutes, 56 seconds West along   said right-of-way 247.27 feet to a capped rebar set; thence run South 58   degrees, 34 minutes, 55 seconds East 240.29 feet to a capped rebar set;   thence run North 34 degrees, 34 minutes, 57 seconds East 95.02 feet to a   capped rebar set; thence run northeastwardly along a curve to the left, said   curve having a radius of 420.00 feet, a chord distance of 86,40 feet to a   capped rebar set, said chord bearing North 28 degrees, 40 minutes 05 seconds   East; thence run North 22 degrees, 46 minutes 33 seconds East 99.22 feet to a   capped rebar set; thence run North 67 degrees, 13 minutes, 27 seconds West   215.37 feet to the Point of Beginning. 
    

 

	

    	
EXHIBIT A-2 TA   Mongomery 980 West South Blvd. Montgomery, AL 36105 All that certain plot,   place or parcel of land located in Montgomery County, Alabama bounded and   described as follows: Parcel One: Beginning at the intersection of the North   right-of-way line of South Boulevard (a 00 foot right-of-way) and the East   line of the NE 1/4 of the NW 1/4 of Section 35, Township 16 North, Range 17 East,   Montgomery County, Alabama, the said point being the SW corner of property   now owned by Pure Oil Company; thence from the point of beginning North 78   degrees 11 minutes West along the North right-of-way line of South Boulevard   a distance of 169.00 feet to the point of denied access of Interstate Highway   1-65; thence North 37 degrees 23 minutes West along the Northeasterly   right-of-way line of said Interstate Highway a distance of 142,55 feet to an   angle in said right-of-way; thence North 09 degrees 26 minutes East along the   Easterly right­ of-way line of said Interstate Highway a distance of 737.50   feet to an angle in said right-of-way, the said point being in the SE 1/4 of   the SW 1/4 of Section 26, Township 16 North, Range 17 East; thence North 17   degrees 09 minutes East along the Easterly right-of-way line of said   Interstate Highway a distance of 493.50 feet to the East line of the SE 1/4 of   the SW 1/4 of said Section 25; thence South 00 degrees 32 minutes East alon   the East line of the SE 1/4 of the SE 1/4 of said Section 26 a distance of 559,20   feet to the SE corner of said SE 1/4 of said SE 1/4; thence South 01 degree   26 minutes West along the East line of the NE 1/4 of the NW 1/4 of said   Section 35, which said line is the West line of the property now owned by   Pure Oil Company and the Northerly extension thereof a distance of 788.35   feet to the point of beginning; the said land being in the SE 1/4 of the SE 1/4   of Section 26 and in the NE /4 of the NW 1/4 of Section 35, Township 16   North, Range 17 East, Montgomery City and County, Alabama. Parcel Two: A   parcel of land located in the NW 1/4 of the NE 1/4, Section 35, Township 16   North, Range 17 East, Montgomery County, Alabama, beginning at the point of   intersection ofthe North-South half section line with the North right-of-way   line of Southern Boulevard and point being located North 01 degree 33 minutes   East 543.2 feet from a stone marking theSE corner of said NW 1/4 of NE 1/4   and running thence along said half­ section line North 01 degree 33 minutes   East a distance of 500.00 feet; thence South 78 degrees 00 minutes East and   parallel with the North line of Southern Boulevard a distance of 500,00 feet;   thence South 01 degree 33 minutes West and parallel with said half section   line a distance of 500,00 feet to a point on the North right­ of-way line of   the Southern Boulevard; thence North 78 degrees 00 minutes West 500.00 feet   along the North right-of-way line of Southern Boulevard to the point of   beginning Less and Except from Parcels One and Two the following: Commencing   at the NW corner of the NW 1/4 of NE 1/4 of Section 35, Township 16 North,   Range 17 East; thence Southerly along the West line of said NW 1/4 of NE 1/4 a   distance of 782 feet, more or less, to a point that is 100 feet Northeasterly   of and at right angles to the centerline of Project No. F-352(18); thence   South 81 degrees 39 minutes East parallel to the centerline of said Project a   distance of 280 feet, more or less, to a point that is 100 feet Northeasterly   of and at right angles to the centerline of said Project at Station 38+00 and   the point of beginning of the property herein described; thence Northeasterly   along a straight line a distance of 215 feet, more or less, to a point on the   present West right-of-way line of Eisenhower Drive that is 130 feet   Northeasterly of and at right angles to the centerline line of said Project;   thence Southerly along the said present West right-of-way line a distance of 32   feet, more or less, to a point that is 100 feet Northeasterly of and at right   angles to the centerline of said Project; thence North 81 degrees 39 minutes   West parallel to the centerline of said Project a distance of220 feet, more   or less, to the point of beginning. 
    

 

 

	

    	
EXHIBIT A-3   Petro Santa Nella 28991 West Gonzaga Road Santa Nella, CA Parcel A, as shown   on that certain map entitled “PARCEL MAP FOR SAN LUIS PARTNERSHIP”, filed   August 31, 1991 in Book 77, Pages 29 thru 35 of Parcel Maps, Merced County   Records. EXCEPTING all oil, oil right, minerals, mineral rights, natural gas   rights and other hydrocarbons by whatsoever name known that may be within or   under the parcels of land hereinabove described without, however the right   ever to drill, dig or mine through the surface of said land therefrom or   otherwise in such manner as to endanger the safety of any highway that may be   constructed on the lands hereby conveyed, without, however, the right of   ingress or egress to the above described parcels of land over and across the   highway right ofway line as reserved in the deed from Anna Cuiffo recorded   July 1, 1951 in Volume 1162, page 195 of Official Records. APN:   078-330-004-000 
    

 

	

    	
EXHIBIT A-4 TA   Jackson PO Box 967 Jackson, GA 30529 All that tract or parcel of land lying   and being in Land Lot 235 of the 3rd Land district, Butts County, Georgia and   Land Lot 234 of the 3rd Land District, Lamar County Georgia, being more   particularly described as follows: Beginning at a concrete right of way   monument at the intersection of the East right of way of Interstate 75 and   the South right of way of State Route 36 and the West right of way of   Truckstop Way; thence South 62 degrees 50 minutes 11 seconds East along the   westerly right of way of Truckstop Way 177.59 feet to a point; thence   continuing along the said right of way South 39 degrees 20 minutes 43 seconds   East 15.26 feet to a point; thence 392.39 feet along the arc of a curve to   the left, said curve having a radius of 766.20 feet and being subtended by a   chord bearing South 53 degrees 34 minutes 38 seconds East and a distance of   388.11 feet to a point; thence South 68 degrees 14 minutes 57 seconds East   113.35 feet to a 1-1/2 inch open top pipe at the western most right of way of   an unnamed county road; thence following the said right of way of the unnamed   county road South 01 degree 01 minute 00 seconds East 601.30 feet to a point;   thence South 00 degrees 34 minutes 00 seconds East 404.40 feet to a point;   thence South 08 degrees 00 minutes 00 seconds East 485.30 feet to a point;   thence South 05 degrees 40 minutes DO seconds East 1055.60 feet to a point;   thence North 87 degrees 05 minutes 00 seconds West 480.69 feet to a point on   the eastern right of way of Interstate 75; thence following the said right of   way the following courses: North 17 degrees 03 minutes 19 seconds West 34.44   feet to a concrete monument; North 05 degrees 40 minutes 00 seconds West   945.69 feet to a concrete monument; North 08 degrees 00 minutes 05 seconds   West 484,73 feet to a concrete monument; North 00 degrees 01 minute 11   seconds East 339.24 feet to a concrete monument; North 01 degree 23 minutes   52 seconds West 184.22 feet to a concrete monument ; North 07 degrees 51   minutes 31 seconds East 148.60 feet to a concrete monument; thence 712.95   feet along the arc of a curve to the left, said curve having a radius of   1145.92 feet and being subtended by a chord bearing North 08 degrees 51   minutes 40 seconds West and a distance of 701.50 feet to a concrete monument;   thence North 25 degrees 33 minutes 35 seconds West 66.21 feet to a concrete   monument and the Point of Beginning. Less and Except Easements acquired by   Condemnation, Civil Action No. 96-V-442, Department of Transportation vs.   National Auto/Truckstops, Inc., dated July 23, 1996, filed for record July   23, 1996 and recorded July 25, 1996 in Deed Book 203, Page 281, Butts County   Records. 
    

 

	

    	
EXHIBIT A-5   Petro Monee 5915 Monee Road Monee, IL PARCEL 1: THE WEST 6 ACRES OF THE   FOLLOWING DESCRIBED LAND TAKEN AS A TRACT: THE EAST 1/2 OF LOT 5 (EXCEPT   THEREFROM THE WEST 200 FEET) AND LOT 6 IN ASSESSORS SUBDIVISION OF THE SOUTH   1/2 OF THE SOUTHEAST 1/4 OF SECTION 17, TOWNSHIP 34 NORTH, RANGE 13 EAST OF   THE THIRD PRINCIPAL MERIDIAN EXCEPTING THEREFROM THE FEE SIMPLE TITLE   CONVEYED TO THE STATE OF ILLINOIS BY DEED RECORDED JANUARY 25, 1967 AS   DOCUMENT NUMBER R67-1386 IN WILL COUNTY, ILLINOIS ALSO EXCEPT THAT PART   HERETOFORE DEDICATED FOR PUBLIC USE TO WILL COUNTY DEPARTMENT OF HIGHWAYS   RECORDED SEPTEMBER 17, 2007 AS DOCUMENT NO. R2007138624. PARCEL 2: THE EAST   689.36 FEET OF THE WEST 909.36 FEET OF THE NORTH 60 ACRES OF THE NORTHEAST   1/4 OF SECTION 20, IN TOWNSHIP 34 NORTH, AND IN RANGE 13, EAST OF THE THIRD   PRINCIPAL MERIDIAN, IN WILL COUNTY, ILLINOIS, EXCEPTING THEREFROM THAT PART   CONVEYED TO THE STATE OF ILLINOIS BY DEED RECORDED APRIL 20, 1967 AS DOCUMENT   NO, R67-4933. SAID PARCEL OF LAND ALSO DESCRIBED BY METES AND BOUNDS AS   FOLLOWS: BEGINNING AT THE INTERSECTION OF THE SOUTH LINE OF THE NORTH 60   ACRES OF THE NORTHEAST 1/4 OF SECTION 20 AFORESAID WITH THE EAST LINE OF THE   WEST 909.36 FEET OF SAID NORTH 60 ACRES; THENCE SOUTH 89 DEGREES 20 MINUTES   41 SECONDS WEST ALONG THE SOUTH LINE OF SAID NORTH 60 ACRES 689.36 FEET TO   THE WEST LINE OF THE EAST 689.36 FEET OF THE WEST 909.36 FEET OF SAID NORTH   60 ACRES; THENCE NORTH 00 DEGREES 14 MINUTES 18 SECONDS WEST ALONG THE LAST   DESCRIBED LINE 936.65 FEET TO THE SOUTH LINE OF PROPERTY CONVEYED TO THE STATE   OF ILLINOIS PER DOCUMENT NO. R67-4933; THENCE NORTH 89 DEGREES 20 MINUTES 41   SECONDS EAST ALONG SAID SOUTH LINE 450.08 FEET TO THE SOUTHEAST CORNER OF   PROPERTY CONVEYED AFORESAID; THENCE NORTH 00 DEGREES 14 MINUTES 18 SECONDS   WEST ALONG THE EAST LINE THEREOF 15.0 FEET TO THE SOUTHWEST CORNER OF   PROPERTY CONVEYED TO THE STATE OF ILLINOIS PER DOCUMENT NO. R73-35249; THENCE   NORTH 89 DEGREES 20 MINUTES 41 SECONDS EAST ALONG THE SOUTH LINE OF PROPERTY   CONVEYED BY DOCUMENT R73-35429 FOR A DISTANCE OF 239.30 FEET TO THE EAST LINE   OF THE WEST 909.36 FEET OF THE NORTH 60 ACRES OF THE NORTHEAST 1/4 AFORESAID;   THENCE SOUTH 00 DEGREES 14 MINUTES 18 SECONDS EAST ALONG THE LAST DESCRIBED   LINE 951.65 FEET TO THE POINT OF BEGINNING, IN WILL COUNTY, ILLINOIS. 
    

 

	

    	
EXHIBIT A-6 TA   Morris 21 Romines Drive Morris, IL Parcel 1: That part of Section 27,   Township 34 North, Range 7 East of the third Principal Meridian, described as   follows: Commencing at the northwest corner of the Southwest Quarter of said   Section 27; thence North 88 Degrees 07 Minutes 22 Seconds East along the   north line of the Southwest Quarter of Section 27 for a distance of 871.33   feet for a place of beginning; thence continuing North 88 Degrees 07 Minutes   22 Seconds East along the north line of the Southwest Quarter of said Section   27 for a distance of 461.0 1 feet; thence South 01 Degrees 22 Minutes 46   Seconds East for a distance of 575,35 feet; thence South 52 Degrees 56   Minutes 42 Seconds West for a distance of 136.71 feet; thence South 37   Degrees 03 Minutes 18 Seconds East for a distance of 180.10 feet to a point   on the northerly line of Interstate Route 80 as depicted on the Plat of   Highways recorded as Document 332059; thence South 52 Degrees 56 Minutes 40   Seconds West along the said northerly right-of­ way line of Interstate Route   80 for a distance of 72.12 feet; thence South 57 Degrees 50 Minutes 37   Seconds West along the said northerly right-of-way line of Interstate Route   80 for a distance of 526.93 feet; thence South 65 Degrees 37 Minutes 30   Seconds West along the said northerly right-of-way line of Interstate Route   80 for a distance of 205.00 feet; thence South 79 Degrees 49 Minutes 01   Seconds West along the said northerly right-of-way line of Interstate 80 for   a distance of 287.63 feet; thence North 55 Degrees 14 Minutes 14 Seconds West   along the said northerly right-of-way line of Interstate Route 80 for a   distance of 193,66 feet; thence North 27 Degrees 29 Minutes 42 Seconds West   along the east right-of-way line of Illinois Route 47 as depicted on said   Document 386495 for a distance of 164.96 feet; thence North 07 Degrees 40   Minutes 48 Seconds West along said east right-of-way line of Illinois Route   47 for a distance of 201.26 feet; thence North 01 Degrees 15 Minutes 40 Seconds   West along said east right-of-way line of Illinois Route 47 for a distance of   195.00 feet; thence North 62 Degrees 21 Minutes 27 Seconds East along said   east right-of-way line of Illinois Route 47 for a distance of 69.77 feet;   thence North 43 Degrees 44 Minutes 20 Seconds East along the said east   right-of-way line of Illinois Route 47 for a distance of 83.44 feet; thence   North 01 Degrees 15 Minutes 40 Seconds West along the said east right-of-way   line of Illinois Route 47 for a distance of 35.27 feet; thence North 88   Degrees 04 Minutes 15 Seconds East for a distance of 662.51 feet; thence   North 01 Degrees 55 Minutes 45 Seconds West for a distance of 444.44 feet to   the place of beginning, in Grundy County, Illinois. Parcel 2: That part of   Section 27, Township 34 North, Range 7 East of the third Principal Meridian,   described as follows: Commencing at the northwest corner of the Southwest   Quarter of said Section 27; thence North 88 Degrees 07 Minutes 22 Seconds   East along the north line of the Southwest Quarter of Section 27 for a   distance of 1332.33 for a place of beginning; thence North 01 Degrees 22   Minutes 46 Seconds West for a distance of 7.65 feet; thence North 88 Degrees   07 Minutes 21 Seconds East for a distance of 1134.66 feet to a point on the   northerly right-of-way line of Interstate Route 80 as depicted on the Plat of   Highways recorded as Document 386495; thence South 52 Degrees 56 Minutes 40   Seconds West along said right-of-way line for a distance of 1204.13 feet;   thence North 37 Degrees 03 MInutes 18 Seconds West for a distance of 180.10   feet; thence South 52 Degrees 56 Minutes 42 Seconds West for a distance of   63.29 feet; thence North 01 Degrees 22 Minutes 46 Seconds West for a distance   of 575.35 feet to the place of beginning, in Grundy County, Illinois. 
    

 

	

    	
Morris, IL Page   2 Parcel 3: That part of Section 27, Township 34 North, Range 7 East of the   third Principal Meridian, described as follows: Commencing at the northwest   corner of the Southwest Quarter of said Section 27; thence North 88 Degrees   07 Minutes 22 Seconds East along the north line of the Southwest Quarter of   Section 27 for a distance of 70,00 feet to a point on the east right-of-way   line of Illinois Route 47 as Depicted on the Plat of Highway recorded as   document 344829 being also the place of beginning; thence continuing North 88   Degrees 07 Minutes 22 Seconds East along the north line of the Southwest   Quarter of said Section 27 for a distance of 801,33 feet; thence South 01   Degrees 55 Minutes 45 Seconds for a distance of 444.44 feet; thence South 88   Degrees 04 Minutes 15 Seconds West for a distance of 721.51 feet; thence   North 62 Degrees 31 Minutes 24 Seconds West 71.28 feet; thence North 01   Degrees 15 Minutes 40 Seconds West along the westerly right-of­ way line of   Illinois Route 47 for a distance of 226.05 feet; thence South 88 Degrees 44   Minutes 20 Seconds West along said right-of-way line for a distance of 22.50   feet; thence North 01 Degrees 15 Minutes 40 Seconds West along said   right-of-way for a distance of 183.88 feet to the place of beginning, in   Grundy County, Illinois. 
    

 

 

	

    	
EXHIBIT A-7   Petro Greensburg 1409 S. Country Road #850 E. Greensburg, IN PART OF THE   NORTHWEST QUARTER OF SECTION I7, TOWNSHIP IO NORTH, RANGE II EAST, BEGINNING   FIRST AT THE CENTER CORNER OF THE NORTHWEST QUARTER OF SAID SECTION I7;   THENCE SOUTH I 0 I7' WEST ON THE QUARTER QUARTER LINE 506.I9 FEET TO AN IRON   PIN; THENCE SOUTH 89°56' EAST 300 FEET TO AN IRON PIN AND THE TRUE POINT OF   BEGINNING OF THIS TRACT. THENCE SOUTH I o I7' WEST 704.82 FEET TO THE CENTER   LINE OF FRONT ROAD #2 OF INTERSTATE ROAD #74 OF THE NEW POINT INTERSECTION;   THENCE ON SAID CENTER LINE NORTH 87°53' EAST 28.7 FEET TO THE POINT OF   TANGENT OF CURVE F-IAT STATION 597+I6.69; THENCE DEFLECTING TO THE LEFT AND   FOLLOWING THE CURVING CENTER LINE OF A CURVE WITH A DELTA OF 27°23'I5" A   10°00' CURVE WITH A RADIUS OF 572.96 FEET AND TANGENT OF I39.6I FEET TO THE   POINT OF TANGENT AT STATION 599+90.57. THENCE CONTINUING NORTHEAST ON SAID   CENTERLINE 547.2 FEET TO STATION 605+37.77 TO THE POINT OF CURVE F-4; THENCE   DEFLECTING TO THE LEFT AND FOLLOWING THE CURVING CENTERLINE OF A CURVE WITH A   DELTA OF 60°00' A 28°38'52" DEGREE OF CURVE A RADIUS OF 200 FEET AND   TANGENT OF II5.47 FEET TO THE STATION 607+47.2I; THENCE NORTH ON SAID   CENTERLINE 91.35 FEET TO STATION 608+38.56 AND THE POINT OF CURVE; THENCE   DEFLECTING TO THE RIGHT AND FOLLOWING THE CURVING CENTERLINE OF CURVE F-5   WHOSE DELTA IS 90°00'; A DEGREE OF CURVE II4°35'30" A RADIUS OF 50 FEET   AND TANGENT OF 50 FEET TO THE POINT OF TANGENT AT STATION 609+ I7.1 0; THENCE   EAST 1I2 FEET TO FRONT ROAD STATION 610+29.1 AND CENTERLINE STATION 12+59 OF   ROAD S-9-F OR THE NORTH AND SOUTH CENTERLINE OF SAID SECTION 17; THENCE NORTH   00°29'15" EAST ON THE HALF SECTION LINE 78.68 FEET TO STATION 11+80.32;   THENCE LEAVING SAID ROAD NORTH 89°02' WEST 132.5 FEET TO AN IRON PIN; THENCE   SOUTH 68°26' WEST 65.49 FEET TO AN IRON PIN; THENCE NORTH 89°56' WEST 824.I1   FEET TO THE TRUE POINT OF BEGINNING AND CONTAINING I0,61 ACRES, MORE OR LESS   AND SUBJECT TO ALL LEGAL HIGHWAYS. THE LAND BEING THE SAME LAND DESCRIBED AS   FOLLOWS (AS-SURVEYED LEGAL): PART OF THE NORTHWEST QUARTER OF SECTION 17,   TOWNSHIP IO NORTH, RANGE 1I EAST, BEGINNING FIRST AT THE CENTER CORNER OF THE   NORTHWEST QUARTER OF SAID SECTION 17; THENCE SOUTH 1°17' WEST ON THE QUARTER   QUARTER LINE 506.I9 FEET TO AN IRON PIN; THENCE SOUTH 89°56' EAST 300 FEET TO   AN IRON PIN AND THE TRUE POINT OF BEGINNING OF THIS TRACT. THENCE SOUTH I 0   17' WEST 718.69 FEET TO THE CENTER LINE OF FRONT ROAD #2 OF INTERSTATE ROAD   #74 OF THE NEW POINT INTERSECTION; THENCE ON SAID CENTER LINE NORTH 87°53'   EAST 28.7 FEET TO THE POINT OF TANGENT OF CURVE F-IAT STATION 597+16,69;   THENCE DEFLECTING TO THE LEFT AND FOLLOWING THE CURVING CENTER LINE OF A   CURVE WITH A DELTA OF 27°23'15" A 10°00' CURVE WITH A RADIUS OF 572.96   FEET AND TANGENT OF I39.61 FEET TO THE POINT OF TANGENT AT STATION 599+90.57.   THENCE CONTINUING NORTHEAST ON SAID CENTERLINE 547.2 FEET TO STATION   605+37.77 TO THE POINT OF CURVE F-4; THENCE DEFLECTING TO THE LEFT AND   FOLLOWING THE CURVING CENTERLINE OF A CURVE WITH A DELTA OF 60°00' A   28°38'52" DEGREE OF CURVE A RADIUS OF 200 FEET AND TANGENT OF 115.47   FEET TO THE STATION 607+47.21; THENCE NORTH ON SAID CENTERLINE 91.35 FEET TO   STATION 608+38.56 AND THE POINT OF CURVE; THENCE DEFLECTING TO THE RIGHT AND   FOLLOWING THE CURVING CENTERLINE OF CURVE F-5 WHOSE DELTA IS 90°00'; A DEGREE   OF CURVE I14°35"30' A RADIUS OF 50 FEET AND TANGENT OF 50 FEET TO THE   POINT OF TANGENT AT STATION 609+I7.IO; THENCE EAST 112 FEET TO FRONT ROAD   STATION 610+29,1 AND CENTERLINE STATION I2+59 OF ROAD S-9-F OR THE NORTH AND   SOUTH CENTERLINE OF SAID SECTION 17; THENCE NORTH 00°29"I5' EAST ON THE   HALF SECTION LINE 78.68 FEET TO STATION II+80.32; THENCE LEAVING SAID ROAD   NORTH 89°02' WEST 132,5 FEET TO AN IRON PIN; THENCE SOUTH 68°26' WEST 65,49   FEET TO AN IRON PIN; THENCE NORTH 89°56' WEST 824.1I FEET TO THE TRUE POINT   OF BEGINNING AND CONTAINING 1l.IO ACRES, MORE OR LESS AND SUBJECT TO ALL   LEGAL HIGHWAYS. 
    

 

	

    	
EXHIBIT A-8 TA   Beta .Junction 2775 U.S. Hwy 75 Lebo, KS A TRACT OF LAND IN THE NORTHWEST   QUARTER (NW 1/4) AND THE SOUTHWEST QUARTER (1/4) OF SECTION TWO (2), TOWNSHIP   NINETEEN (19) SOUTH, RANGE FIFTEEN (15), EAST OF THE SIXTH PRINCIPAL   MERIDIAN, COFFEY COUNTY, KANSAS, DESCRIBED AS FOLLOWS: COMMENCING AT THE   SOUTHWEST CORNER OF SAID NORTHWEST QUARTER SECTION; THENCE NORTH   88°12'22" EAST, COINCIDENT WITH THE SOUTH LINE OF SAID NORTHWEST   QUARTER, FOR A DISTANCE OF 165.40 FEET, TO A POINT ON THE EAS ERLY   RIGHT-OF-WAY LINE OF U.S. HIGHWAY 75 AND THE SOUTHERLY RIGHT-OF-WAY LINE OF   INTERSTATE HIGHWAY 35, AND THE POINT OF BEGINNING; THENCE NORTH   05°37'10" EAST, COINCIDENT WITH THE SOUTHERLY RIGHT-OF-WAY LINE OF SAID   INTERSTATE HIGHWAY 35 FOR A DISTANCE OF 317.59 FEET; THENCE NORTH   25°17'29" EAST, COINCIDENT WITH LAST SAID RIGHT-OF-WAY LINE FORA DISTANCE   OF 157.46 FEET; THENCE NORTH 45°30'51" EAST, COINCIDENT WITH LAST SAID   RIGHT-OF-WAY LINE, FOR A DISTANCE OF 691.47 FEET; THENCE NORTH 69°51'19"   EAST, COINCIDENT WITH LAST SAID RIGHT-OF-WAY LINE, FOR A DISTANCE OF 898.40   FEET; THENCE LEAVING SAID RIGHT-OF-WAY OF INTERSTATE HIGHWAY 35, SOUTH   00°35'38" EAST, FOR A DISTANCE OF 690.10 FEET; THENCE NORTH   66°48'56" EAST, FOR A DISTANCE OF 168.04 FEET; THENCE SOUTH 22°21   '04" EAST, FOR A DISTANCE OF 359.62 FEET; THENCE SOUTH 66°21 '55"   WEST, FOR A DISTANCE OF 649.02 FEET, TO A POINT ON THE SOUTH LINE OF SAID   NORTHWEST QUARTER; THENCE SOUTH 88°12'22" WEST, COINCIDENT WITH THE SAID   SOUTH LINE, FOR A DISTANCE OF 43.48 FEET; THENCE SOUTH 00°47'39" EAST,   FOR A DISTANCE OF 59.17 FEET; THENCE SOUTH 88°03'25" WEST, FOR A   DISTANCE OF 1,096.05 FEET TO A POINT ON THE EASTERLY RIGHT-OF-WAY LINE OF   U.S. HIGHWAY 75; THENCE NORTH 00°47'39" WEST, COINCIDENT WITH LAST SAID   RIGHT-OF-WAY LINE, FOR DISTANCE OF 62.02 FEET TO A POINT ON THE SOUTH LINE OF   SAID NORTHWEST QUARTER (NWI/4), AND THE POINT OF BEGINNING. 
    

 

 

	

    	
EXHIBIT A-9 TA   Greenwood 8560 Greenwood Road Greenwood, LA All that certain lot, tract or   parcel of land situated in Caddo Parish, Louisiana, within the Corporate   Limits of the City of Greenwood, being 17.244 acres of land, a part of the   Southwest Quarter of Section 19, T 17 N - R 15 W, said 17.244 acres being   more fully described as follows: Beginning at 1/2" iron rod found for   comer on the West line of Section 19, same being the East line of Section 24,   Township 17 North, Range 16 West, being at the Northwest comer of a 1.523   acre tract described in deed to Nee! Kamal, Inc., recorded in COB 2746, Page   194 ofthe Conveyance Records of Caddo Parish, Louisiana, being the   Westernmost Southwest comer of the herein described tract, same being on the   East line of that certain called 14.395 acre tract described in Redemption of   Adjudicated Property and recorded in COB 2859, Page 677 of said Conveyance   Records, and being the East line of Lot 14 of the J .M. Dunn Partition as   recorded in Plat Book 250, Page 104 of said Conveyance Records, said iron rod   bears North 37°50'04" East 0.16 feet from a 3/8" iron rod found,   and said beginning rod bears North 1 °27'52" East-1226.40 feet from the   Southwest corner of said Section 19; Thence North 01 °27'52" East   (called North 01 °15'23" East), with the East line of said Lot 14 and   said 14,395 acre tract and said Section line, at 447.53 feet past the   Southeast comer of a 20 x 20 tract ofland described in deed to The Village of   Greenwood and recorded in COB 1888, Page 605 of said Conveyance Records, and   at 467.53 feet past the Northeast corner of said 20 x 20 tract, and   continuing in all, 492.53 feet to a 1 /2" iron rod found for corner at   the Northwest corner ofthe herein described tract and a Northeast corner of   said 14.395 acre tract, same being on the South right of way line of said   Texas & Pacific Railroad (a called 150 foot wide right of way); Thence in   a Southeasterly direction along a curve to the right having a radius of   5654.58 feet, an arc length of 1534.63 feet (called 1534.72 feet) and a chord   bearing and distance of South 77°36'38" East (called South   77°47'20" East)-1529.92 feet (called 1530.63 feet) to a concrete right   of way monument found for corner at the Easternmost corner of the herein   described tract, same being at the intersection of the Southwest right of way   line ofthe Texas & Pacific Railroad with the North right of way line of   U.S. Hwy. 80 (a variable width right of way); Thence in a Southwesterly   direction with the North right ofway line of said U.S. Hwy. 80, (1) South   70°03 '09" West (called South 70°20'14" West) - 159.13 feet (called   158.76 feet) to a 5/8" iron rod found in concrete for angle corner, (2)   South 53°56'05" West (called South 53°48'01" West)-564.49 feet   (called 565.23 feet) to a concrete right of way monument found for angle   corner, (3) South 84°37' 19" West (called South 84°12'43"   West)-197,92 feet (called 197,85 feet) to a concrete right of way monument   found for angle corner, (4) South 76°30'55" West (called South 76°36'14"   West)-206.45 feet (called 205.63 feet) to a concrete right of way monument   found for angle corner, and (5) South 81 °20'46" West (called South   80°51 '54" West)-258.27 feet to a 3/8" iron rod found for corner at   the Southernmost Southwest corner ofthe herein described tract and the   Southeast corner of said called 1 ,523 acre tract; Thence North 10°11   '46" West (called North 10°13'38" West), with the Easternmost East   line of said 1.523 acre tract, 35.03 feet (called 35.65 feet) to a 1h"   iron rod found for comer at the Easternmost Northeast corner of said 1.523   acre tract; Thence South 81 °00'44" West (called South 80°51 '54"   West), with the Easternmost North line of said 1.523 acre tract, 24.99 feet   (called 25 feet) to a 1 /2" iron rod found for corner at an inner ell   corner of said 1.523 acre tract; 
    

 

	

    	
Greenwood, LA   Page 2 Thence North 09°59'56" West (called North 10°13'38" West),   with a middle East line of said 1.523 acre tract, 279.40 feet (called 279,42   feet) to a 1/2" iron rod found for corner at a middle Northeast corner   of said 1 ,523 acre tract; Thence South 80°34'29" West (called South   79°40'49" West), with a middle North line of said 1.523 acre tract,   141.36 feet (called 141.47 feet) to a 1" iron pipe found for corner at   an inner ell corner of said 1.523 acre tract; Thence North 01 °45'28"   East (called North 01 °15'23" East), with the Northernmost East line of   said 1.523 acre tract, 50.96 feet (called 52.60 feet) to a 1/2" iron rod   found for corner at the Northernmost Northeast corner of said 1.523 acre   tract; Thence South 79°50'55" West (called South 79°40'49" West),   with the Northernmost North line of said 1.523 acre tract, 31.04 feet (called   31 feet) to the point of beginning. Item II-RV Park Tract-8590 Greenwood   Road, Greenwood, LA: All that part of Lot 14 of the]. M. Dunn Estate   Partition as per plat recorded in Conveyance Book 250, Page 104 ofthe   Conveyance Records of Caddo Parish, Louisiana, lying south ofthe south line   ofthe T & P Railroad and north of the north line of Interstate Highway 20   containing 16.04 acres, more or less; less and except the following two (2)   tracts: Tract 1: That certain tract or parcel of land containing 1.598 acres,   more or less, in the southeast quarter (SE/4) of Section 24, Township 17   North, Range 16 West, Caddo Parish, Louisiana, together with all buildings   and improvements located thereon and all rights thereto belonging, and being   more particularly described as follows, to wit: Beginning at a 1 /2"   iron pin set in the north right-of-way of relocated U.S. Highway No. 80, said   point of beginning being north 1 °15'23" east 858.65 feet from the   southeast corner of Section 24, Township 17 North, Range 16 West, and in the   east line of Lot 14 of the J. M. Dunn Partition as recorded in Book 250, Page   104 of the Conveyance Records of Caddo Parish, Louisiana; thence with the   north right-of-way of relocated U.S. Highway No. 80, the following course:   South 82°47'36" west 245.54 feet to an iron pin; Thence north 1   °15'23" east 260.09 feet to an iron pin; Thence south 88°44'37"   east 102.68 feet to an iron pin; Thence north 1 °15'23" east 63.00 feet   to an iron pin; Thence north 79°40'49" east 143.1 feet to a nail set in   the east line of Lot 14 of said 1 M. Dunn Partition; Thence south 1   °15'23" west with the east line of Lot 14 of said J. M. Dunn Partition   and east line of Section 24, Township 17 North, Range 16 West, 315.67 feet to   a point of beginning. All bearings in this description are based on Lambert   Grid, Louisiana north zone. Being the same property conveyed to Shree Sai Corporation   by deed recorded in Conveyance Book 2173, Page 317, Instrument No. 01016753   of the Conveyance Records of Caddo Parish, Louisiana. 
    

 

	

    	
Greenwood, LA   Page 3 Tract 2: A tract of land in the southeast quarter (SE/4) of Section   24, Township 17 North, Range 16 West, Caddo Parish, Louisiana, more   particularly described as: From the southeast corner of Section 24, run north   along the east section line of Section 24, a distance of I ,674.59 feet,   thence run west 20 feet, thence run north 20 feet, thence run east 20 feet to   the east line of Section 24, thence run south along the east line of Section   24, 20 feet to the point of beginning; being the same property conveyed to   the Village of Greenwood by Kelly's Truck Terminal, Inc. by deed recorded in   Conveyance Book 1853, Page 34, Instrument No. 867969 of the Conveyance   Records of Caddo Parish, Louisiana. All as more fully shown on that certain   "ALTA Boundary and As Built Survey for Travel Centers of America Located   in Part ofthe SW 1/4 of Section 19, Township 17 North, Range 15 West and Part   ofthe SE 1 /4 of Section 24, Township 17 North, Range 16 West, Caddo   Parish", prepared by James Latson Souter, PLS No. 04579, dated September   12, 2007. Item III - Servitude Interests (1) Easements and right of way for   the maintenance and use of existing water lines reserved in Credit Sale Deed   with Wraparound Mortgage Provisions between Kelly's Truck Terminal, Inc., et   al and Shree Sal Corporation dated October 16, 1984, recorded October 17,   1984 as Registry Number 01016753, official records of Caddo Parish,   Louisiana. (2) Rights and restrictions set forth in Declarations, Covenants,   Restrictions, Easements and Agreements between Kelly's Truck Tenninal, Inc.,   et al and Shree Sai Corporation dated October 16, 1984, recorded October 17,   1984 as Registry Number 01016754, official records of Caddo Parish,   Louisiana. 
    

 

	

    	
EXHIBIT A-10   Petro Florence 3001 TV Road Florence, SC All that certain piece, parcel or   tract of land, lying and being in Florence County, South Carolina, being more   fully shown and designated on a plat of the Petro Travel Center by Heller   & Associates, Inc., dated October 12, 1992 and recorded in the Office of   the Clerk of Court for Florence County, where it appears in Plat Book 46 at   Page 253 and having the following metes and bounds, to wit: Beginning at a   new iron pin on the northern edge of frontage road (5-21-1744) at the   Southwestern Corner of the property and noted as the point of beginning and   running in a clockwise direction N 02°43 '04" E for a distance of 505.11   feet to a new iron pin; thence continuing N 02°43 '04" E for a distance   of 295.00 feet to an old iron pin; thence turning N 52°16'17" E for a   distance of 125.62 feet to an old iron; thence continuing N 52°16'17" E   for a distance of713.97 feet to an old iron pin; thence turningS   38°09'48" E for a distance of 345.17 feet to a new iron pin; thence   turningS 38°18'42" E for a distance of258.96 feet to an old iron pin;   thence turning S 38°27'03" E for a distance of 616.25 feet to an old   concrete monument at the right-of-way of TV Road (S-21-26); thence turningS   33°38'44" W for a distance of 53.17 feet along the western right-of-way   of TV Road to a new iron pin; thence turning N 23°21 '46" W for a   distance of 89.50 feet to a new iron pin, thence turning N 75°48'08" W   for a distance of 66.00 feet to a new iron pin; thence turning along a curve   to the right with an arc distance of 89.03 feet, having a radius of 130.00   feel and a chord of S 05°25'20" W for a distance of 87.30 feet to a new   iron pin, thence turningS 25°02'31" W for a distance of 65.58 feet to a   new iron pin; thence turning S 43o 15 '45" W for a distance of 1 01.23   feet to an old concrete monument; thence turning along a curve to the right   with an arc distance of 370.84 feet; having a radius of 529.18 feet and a   chord of S 63°24'33" W for a distance of 363.30 feet to an old concrete   monument; thence turningS 83°24'19" W for a distance of 353.63 feet to   an old concrete monument; thence turning along a curve to the right with an   arc distance of357.96 feet, having a radius of2181.23 feet and a chord ofS   88°05'42" W for a distance of 357.56 feet to an old concrete monument;   thence turning N 87°02'13" W for a distance of 110.42 feet to an old   concrete monument on the right-of-way of frontage road (S-21-1744), thence   turning N 02°53'12" E for a distance of 49.98 feet to an old concrete   monument; thence turning N 87°01 '23" W for a distance of 81.72 feet to   a new iron pin, the point of beginning and containing a total area of 29,80   acres, more or less. 
    

 

 

	

    	
EXHIBIT A-ll TA   Knoxville 615 Watt Road Knoxville, TN 37922 LAND IN KNOX COUNTY AND LOUDON   COUNTY, TENNESSEE, DESCRIBED AS FOLLOWS: TRACT 1 (FEE SIMPLE): BEING A PARCEL   OF LAND LOCATED IN THE 6TH CIVIL DISTRICT OF KNOX COUNTY, TENNESSEE, WITHOUT   THE CITY LIMITS OF KNOXVILLE, TENNESSEE, AND ALSO BEING LOCATED IN THE 5TH   CIVIL DISTRICT OF LOUDON COUNTY, TENNESSEE, AND LYING ON THE WESTERLY MARGIN   OF WATT ROAD, AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT   AN EXISTING IRON PIN LOCATED ON THE WESTERLY MARGIN OF WATT ROAD AND BEING   SOUTH 12 DEGREES 09 MINUTES EAST, 249.4 FEET FROM THE INTERSECTION OF THE   CENTERLINE OF HICKORY CREEK ROAD AT THE RIGHT-OF-WAY OF WATT ROAD; THENCE   SOUTH 30 DEGREES 07 MINUTES 07 SECONDS EAST, 317.87 FEET ALONG THE WESTERLY   MARGIN OF WATT ROAD TO AN IRON PIN SET; THENCE SOUTH 20 DEGREES 19 MINUTES 54   SECONDS EAST, 61.66 FEET TO AN IRON PIN SET IN THE WESTERLY MARGIN OF OLD   WATT ROAD; THENCE, ALONG THE WESTERLY MARGIN OF OLD WATT ROAD, THE FOLLOWING   CALLS; SOUTH 04 DEGREES 03 MINUTES 29 SECONDS EAST; 188.32 FEET TO AN IRON   PIN SET; THENCE SOUTH 15 DEGREES 29 MINUTES 03 SECONDS EAST, 17,79 FEET TO AN   EXISTING IRON PIN; THENCE LEAVING SAID RIGHT OF WAY LINE, SOUTH 54 DEGREES 34   MINUTES 59 SECONDS WEST, 526.02 FEET TO A IRON PIN SET; THENCE SOUTH 54   DEGREES 33 MINUTES 20 SECONDS, WEST, 243.44 FEET TO AN EXISTING IRON PIN;   THENCE NORTH 31 DEGREES 23 MINUTES 41 SECONDS WEST, 629.79 FEET TO AN   EXISTING SET STONE; THENCE NORTH 39 DEGREES 25 MINUTES 25 SECONDS WEST,   554,31 FEET TO AN EXISTING IRON PIN; THENCE NORTH 50 DEGREES 03 MINUTES 20   SECONDS EAST, 483.76 FEET TO AN EXISTING IRON PIN; THENCE SOUTH 40 DEGREES 49   MINUTES 35 SECONDS EAST, 622.37 FEET TO AN IRON PIN SET; THENCE NORTH 58   DEGREES 38 MINUTES 11 SECONDS EAST, 378.70 FEET CROSSING THE LOUDON COUNTY   AND KNOX COUNTY LINE TO THE POINT OF BEGINNING. BEING THE SAME PROPERTY   CONVEYED TO HPT TA PROPERTIES TRUST BY DEED OF RECORD IN INSTRUMENT NO.   200703080073084, REGISTER'S OFFICE FOR KNOX COUNTY, TENNESSEE. ALSO BEING THE   SAME PROPERTY CONVEYED TO NATIONAL AUTO/TRUCKSTOPS, INC. BY DEED OF RECORD IN   DEED BOOK 205, PAGE 82, AS CORRECTED IN DEED BOOK 243, PAGE 161, REGISTER'S   OFFICE FOR LOUDON COUNTY, TENNESSEE, THE SAID NATIONAL AUTO/TRUCKSTOPS, INC,   HAVING SINCE MERGED INTO AND BECOME KNOWN AS TA OPERATING CORPORATION AS   EVIDENCED BY DOCUMENTS OF RECORD IN TRUST BOOK 560, PAGE 588, REGISTER'S   OFFICE FOR LOUDON COUNTY, TENNESSEE AND INSTRUMENT NO. 200104100068398,   REGISTER'S OFFICE FOR KNOX COUNTY, TENNESSEE. THE SAID TA OPERATING   CORPORATION HAVING SINCE MERGED INTO AND BECOME KNOWN AS TA OPERATING LLC, AS   EVIDENCED BY MERGER DOCUMENTS OF RECORD IN INSTRUMENT NO. 200703080073083 AND   INSTRUMENT NO. 200703080073086, REGISTER'S OFFICE FOR KNOX COUNTY, TENNESSEE.   TRACT II (LEASEHOLD): BEING A PARCEL OF LAND LOCATED IN THE 6TH CIVIL   DISTRICT OF KNOX COUNTY, TENNESSEE, AND WITHOUT THE CITY LIMITS OF KNOXVILLE,   TENNESSEE, AND PARCEL ALSO BEING LOCATED IN THE 5TH CIVIL DISTRICT OF LOUDON   COUNTY, TENNESSEE, AND 
    

 

	

    	
Knoxville, TN   37922 Page 2 LYING ON THE WESTERLY MARGIN OF WATT AND HICKORY CREEK ROAD, AND   BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT AN EXISTING IRON   PIN LOCATED ON THE WESTERLY MARGIN OF WATT ROAD AND BEING SOUTH 12 DEGREES 09   MINUTES EAST, 249.4 FEET FROM THE INTERSECTION OF THE CENTERLINE OF HICKORY   CREEK ROAD AT THE RIGHT-OF-WAY OF WATT ROAD; THENCE SOUTH 58 DEGREES 38   MINUTES 11 SECONDS WEST, 378.70 FEET CROSSING THE KNOX COUNTY AND LOUDON   COUNTY LINE TO AN IRON PIN SET IN LOUDON COUNTY; THENCE NORTH 40 DEGREES 49   MINUTES 35 SECONDS WEST, 622.37 FEET TO AN EXISTING IRON PIN; THENCE, NORTH   48 DEGREES 06 MINUTES 25 SECONDS EAST, 148.10 FEET CROSSING THE LOUDON COUNTY   AND KNOX COUNTY LINE TO A SET IRON PIN IN KNOX COUNTY; THENCE NORTH 41   DEGREES 42 MINUTES 35 SECONDS WEST, 108.10 FEET TO AN EXISTING IRON PIN IN   THE SOUTH MARGIN OF HICKORY OF HICKORY CREEK ROAD; THENCE ALONG THE SOUTH   MARGIN OF HICKORY CREEK ROAD, NORTH 49 DEGREES 36 MINUTES 18 SECONDS EAST,   359.39 FEET TO A SET IRON PIN; THENCE SOUTH 43 DEGREES 39 MINUTES 38 SECONDS   EAST, 69,81 FEET ALONG THE WEST MARGIN OF HICKORY CREEK ROAD TO A SET IRON   PIN; THENCE SOUTH 11 DEGREES 26 MINUTES 49 SECONDS EAST, 196.94 FEET ALONG   SAID RIGHT-OF-WAY LINE TO A SET IRON PIN; THENCE, SOUTH 29 DEGREES 20 MINUTES   49 SECONDS EAST, 140.20 FEET TO A SET IRON PIN; THENCE SOUTH 39 DEGREES 16   MINUTES 49 SECONDS EAST, 414.20 FEET TO THE POINT OF BEGINNING, CONTAINING   299,378 SQUARE FEET OR 6.87 ACRES MORE OR LESS. BEING THE SAME PROPERTY   CONVEYED TO HPT GL PROPERTIES LLC BY DEED OF RECORD IN INSTRUMENT NO,   200803170069081, REGISTER'S OFFICE FOR KNOX COUNTY, TENNESSEE; AND BY DEED OF   RECORD IN DEED BOOK 326, PAGE 721, REGISTER'S OFFICE FOR LOUDON COUNTY,   TENNESSEE. ALSO, BEING THE SAME PROPERTY LEASED TO UNION OIL COMPANY OF   CALIFORNIA AS EVIDENCED BY LEASE AGREEMENT WITH MICHAEL L. PALMER, DAVID L.   PALMER, INDIVIDUALLY AND AS TRUSTEE, RICHARD L. PALMER, JOHN E. PALMER,   REMAINDERMEN, AND VIRGINIA JEWELL HUBBS PALMER, LIFE TENANT, OF RECORD IN   TRUST BOOK 2344, PAGE 318, REGISTER'S OFFICE FOR KNOX COUNTY, TENNESSEE AND   TRUST BOOK 310, PAGE 813, REGISTER'S OFFICE FOR LOUDON COUNTY, TENNESSEE; AS   ASSIGNED AND ASSUMED BY TO NATIONAL AUTO/TRUCKSTOPS, INC. (NKA TA OPERATING   LLC) IN TRUST BOOK 2738, PAGE 1197, REGISTER'S OFFICE FOR KNOX COUNTY,   TENNESSEE AND TRUST BOOK 310, PAGE 881, REGISTER'S OFFICE FOR LOUDON COUNTY,   TENNESSEE; AND AS ASSIGNED TO HPT TA PROPERTIES TRUST IN INSTR. NO.   200703080073085, REGISTER'S OFFICE FOR KNOX COUNTY, TENNESSEE AND TRUST BOOK   972, PAGE 568, REGISTER'S OFFICE FOR LOUDON COUNTY, TENNESSEE. BOTH OF THE   ABOVE DESCRIBED PARCELS ALSO BEING DESCRIBED AS FOLLOWS: TRACT 1 (FEE   SIMPLE): BEING A PARCEL OF LAND LOCATED IN THE 6TH CIVIL DISTRICT OF KNOX   COUNTY, TENNESSEE, WITHOUT THE CITY LIMITS OF KNOXVILLE, TENNESSEE, AND ALSO   BEING LOCATED IN THE 5TH CIVIL DISTRICT OF LOUDON COUNTY, TENNESSEE, AND   LYING ON THE WESTERLY MARGIN OF WATT ROAD, AND BEING MORE PARTICULARLY   DESCRIBED AS FOLLOWS: BEGINNING AT AN IRON PIN SET LOCATED ON THE WESTERLY MARGIN   OF WATT ROAD AND BEING SOUTH 32 DEGREES, 03 MINUTES 37 SECONDS EAST, 238.64   FEET FROM THE 
    

 

	

    	
Knoxville, TN   37922 Page 3 INTERSECTION OF THE WESTERLY RIGHT OF WAY OF WATT ROAD WITH THE   SOUTHERLY RIGHT OF WAY OF HICKORY CREEK ROAD; THENCE, SOUTH 30 DEGREES 07   MINUTES EAST, 317.87 FEET ALONG THE WESTERLY MARGIN OF WATT ROAD TO AN IRON   PIN SET; THENCE, SOUTH 20 DEGREES 19 MINUTES 54 SECONDS EAST, 81,66 FEET TO   AN IRON PIN SET IN THE WESTERLY MARGIN OF OLD WATT ROAD; THENCE ALONG THE WESTERLY   MARGIN OF OLD WATT ROAD THE FOLLOWING CALLS; SOUTH 04 DEGREES 03 IIINUTES 29   SECONDS EAST, 188.32 FEET TO AN IRON PIN SET; THENCE, SOUTH 15 DEGREES 29   MINUTES 03 SECONDS EAST, 17,79 FEET TO AN EXISTING IRON PIN; THENCE LEAVING   SAID RIGHT OF WAY LINE, SOUTH 54 DEGREES 34 MINUTES 59 SECONDS WEST, 526.02   FEET TO AN IRON PIN SET IN THE SOUTH EASEMENT LINE OF A TVA TRANSMISSION   LINE; THENCE RUNNING WITH SAID LINE, SOUTH 54 DEGREES 33 MINUTES 20 SECONDS   WEST, 293,44 FEET TO AN EXISIING IRON PIN, SAID LINE BEING 50 FEET SOUTH AT   RIGHT ANGLES AND PARALLEL TO THE CENTERLINE OF SAID TVA TRANSMISSION LINE;   THENCE NORTH 31 DEGREES 23 MINUTES 41 SECONDS WEST, 629.79 FEET TO AN   EXISTING SET STONE; THENCE NORTH 39 DEGREES 25 MINUTES 25 SECONDS WEST,   554.31 FEET TO AN EXISTING IRON PIN; THENCE NORTH 50 DEGREES 03 MINUTES 20   SECONDS EAST, 483.76 FEET TO AN EXISTING IRON PIN; THENCE SOUTH 40 DEGREES 49   MINUTES 35 SECONDS EAST, 622.37 FEET TO AN IRON PIN SET; THENCE NORTH 58   DEGREES 38 MINUTES 11 SECONDS EAST, 378.70 FEET CROSSING THE LOUDON COUNTY   AND KNOX COUNTY LINE TO THE POINT OF BEGINNING CONTAINING 806,118 SQUARE FEET   OR 18.50 ACRES. TRACT 2 (LEASEHOLD): BEING A PARCEL OF LAND LOCATED IN THE   6TH CIVIL DISTRICT OF KNOX COUNTY, TENNESSEE AND WITHOUT THE CITY LIMITS OF   KNOXVILLE, TENNESSEE, AND PARCEL ALSO BEING LOCATED IN THE CIVIL DISTRICT OF   LOUDON COUNTY, TENNESSEE, AND LYING ON THE WESTERLY MARGIN OF WATT AND   HICKORY CREEK ROAD, AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS:   BEGINNING AT AN IRON PIN SET LOCATED ON THE WESTERLY MARGIN OF WATT ROAD AND   BEING SOUTH 32 DEGREES 03 MINUTES 37 SECONDS EAST, 238.64 FEET FROM THE   INTERSECTION OF THE WESTERLY RIGHT OF WAY OF WATT ROAD WITH THE SOUTHERLY   RIGHT OF WAY OF HICKORY CREEK, ROAD; 
    

 

	

    	
Knoxville, TN   37922 Page 4 THENCE SOUTH 58 DEGREES 38 MINUTES 11 SECONDS WEST, 378,70 FEET   CROSSING THE KNOX COUNTY AND LOUDON COUNTY LINE TO AN IRON PIN SET IN LOUDON   COUNTY; THENCE NORTH 40 DEGREES 49 MINUTES 35 SECONDS WEST, 622,37 FEET TO AN   EXISTING IRON PIN; THENCE NORTH 48 DEGREES 06 MINUTES 25 SECONDS EAST, 148.10   FEET CROSSING THE LOUDON COUNTY AND KNOX COUNTY LINE TO AN EXISTING IRON PIN   IN KNOX COUNTY; THENCE NORTH 41 DEGREES 42 MINUTES 35 SECONDS WEST, 108.10   FEET TO AN EXISTING IRON PIN IN THE SOUTH MARGIN OF HICKORY CREEK ROAD;   THENCE ALONG THE SOUTH MARGIN OF HICKORY CREEK ROAD, NORTH 49 DEGREES 36   MINUTES 18 SECONDS EAST, 359.39 FEET TO A SET IRON PIN; THENCE SOUTH 43   DEGREES 39 MINUTES 38 SECONDS EAST, 69,81 FEET ALONG THE WEST MARGIN OF HICKORY   CREEK ROAD TO A SET IRON PIN; THENCE SOUTH 11 DEGREES 26 MINUTES 49 SECONDS   EAST, 196.94 FEET ALONG SAID RIGHT OF WAY LINE TO A SET IRON PIN; THENCE   SOUTH 29 DEGREES 20 MINUTES 49 SECONDS EAST, 140.20 FEET TO A SET IRON PIN;   THENCE SOUTH 39 DEGREES 16 MINUTES 19 SECONDS EAST, 414.20 FEET TO THE POINT   OF BEGINNING, CONTAINING 299,378 SQUARE FEET OR 6.87 ACRES, MORE OR LESS.   TRACTS 1 AND 2 COMBINED BEING A PARCEL OF LAND LOCATED IN THE 6TH CIVIL   DISTRICT OF KNOX COUNTY, TENNESSEE, WITHOUT THE CITY LIMITS OF KNOXVILLE;   TENNESSEE AND ALSO BEING LOCATED IN THE 5TH CIVIL DISTRICT OF LOUDON COUNTY,   TENNESSEE, AND LYING ON THE WESTERLY MARGI OF WATT ROAD, AND BEING MORE   PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AN IRON PIN SET LOCATED ON THE   WESTERLY MARGIN OF WATT ROAD AND BEING SOUTH 32 DEGREES 03 MINUTES 37 SECONDS   EAST, 238,64 FEET FROM THE INTERSECTION OF THE WESTERLY RIGHT OF WAY OF WATT   ROAD WITH THE SOUTHERLY RIGHT OF WAY OF HICKORY CREEK ROAD; THENCE SOUTH 30   DEGREES 07 MINUTES 07 SECONDS EAST, 317.87 FEET ALONG THE WESTERLY MARGIN OF   WATT ROAD TO AN IRON PIN SET; THENCE SOUTH 20 DEGREES I 9 MINUTES 54 SECONDS   EAST, 81.66 FEET TO AN IRON PIN SET IN THE WESTERLY MARGIN OF OLD WATT ROAD;   THENCE ALONG THE WESTERLY MARGIN OF OLD WATT ROAD THE FOLLOWING CALLS; SOUTH   04 DEGREES 03 MINUTES 29 SECONDS EAST, 188.32 FEET TO AN IRON PIN SET; THENCE   SOUTH 15 DEGREES 29 MINUTES 03 SECONDS EAST, 17,79 FEET TO AN EXISTING IRON   PIN; 
    

 

	

    	
Knoxville, TN   37922 Page 5 THENCE LEAVING SAID RIGHT OF WAY LINE; SOUTH 54 DEGREES 34   MINUTES 59 SECONDS WEST, 526,02 FEET TO AN IRON PIN SET IN THE SOUTH EASEMENT   LINE OF A TVA TRANSMISSION LINE; THENCE RUNNING WITH SAID LINE, SOUTH 54   DEGREES 33 MINUTES 20 SECONDS WEST, 243.44 FEET TO AN EXISTING IRON PIN; SAID   LINE BEING 50 FEET SOUTH AT RIGHT ANGLES AND PARALLEL TO THE CENTERLINE OF   SAID TVA TRANSMISSION LINE; THENCE NORTH 31 DEGREES 23 MINUTES 41 SECONDS   WEST, 629.79 FEET TO AN EXIS I LNG SET STONE; THENCE NORTH 39 DEGREES 25   MINUTES 25 SECONDS WEST, 554,31 FEET TO AN EXISTING IRON PIN; THENCE NORTH 50   DEGREES 03 MINUTES 20 SECONDS EAST, 483.76 FEET TO AN EXISTING IRON PIN;   THENCE NORTH 48 DEGREES 06 MINUTES 25 SECONDS EAST, 148,10 FEET CROSSING THE   LOUDON COUNTY AND KNOX COUNTY LINE TO ANY EXISTING IRON PIN IN KNOX COUNTY;   THENCE NORTH 41 DEGREES 42 MINUTES 35 SECONDS WEST, 108.10 FEET TO AN   EXISTING IRON PIN IN THE SOUTH MARGIN OF HICKORY CREEK ROAD; THENCE ALONG THE   SOUTH MARGIN OF HICKORY CREEK ROAD, NORTH 49 DEGREES 36 MINUTES 18 SECONDS   EAST, 359.39 FEET TO A SET IRON PIN; THENCE SOUTH 43 DEGREES 39 MINUTES 38   SECONDS EAST, 69.81 FEET ALONG THE WEST MARGIN OF HICKORY CREEK ROAD TO A SET   IRON PIN; THENCE SOUTH 11 DEGREES 26 MINUTES 49 SECONDS EAST, 196.94 FEET   ALONG SAID RIGHT OF WAY LINE TO A SET IRON PIN; THENCE SOUTH 29 DEGREES 20   MINUTES 49 SECONDS EAST, 140.20 FEET TO A SET IRON PIN; THENCE SOUTH 39   DEGREES 16 MINUTE 49 SECONDS EAST, 414.20 FEET TO THE POINT OF BEGINNING,   CONTAINING 1,105,496 SQUARE FEET OR 25.37 ACRES MORE OR LESS. 
    

 

 

	

    	
EXHIBIT A-12 TA   Denton 6420 N 1-35 Denton, TX 76207 BEG INNING at a wooden right-of-way post   in the East line of Interstate Highway 35, said post being North 89 degrees   29 minutes West, 282.56 feet, North 88 degrees 47 minutes West, 805 feet and   North 03 degrees 02 minutes West, 555.6 feet from the Southeast corner of a   certain 80 acre tract of land conveyed by deed dated November 4, 1926 from   John Bedrick and wife, Anges Bedrick to Mrs. K. Preston as shown of record in   Volume 211, Page 14 of the Deed Records of Denton County, Texas, post being   on a curve to the right, said curve having a central angle of 02 degrees 12   minutes 21 seconds, a radius of 11,319.91 feet and a tangent of 217.94 feet,   whose chord bears North 01 degree 50 minutes 07 seconds West, 435.80 feet;   THENCE along said curve, with the East line oflnterstate Highway 35, an arc   distance of 435.82 feet to a set I /2 inch iron rod; THENCE North 00 degrees   04 minutes 00 seconds East, continuing along the East line oflnterstate   Highway 35, 527,75 feet to a found concrete monument; THENCE North 61 degrees   00 minutes 00 seconds East, 99.55 feet to a set 1/2 inch iron rod; THENCE   South 58 degrees 27 minutes 00 seconds East, along the Southwest line of U.S.   Highway 77, I,117.07 feet to a set 1/2 inch iron rod; THENCE South 00 degrees   29 minutes 00 seconds West, 448 .81 feet to a set I /2 inch iron rod; THENCE   North 88 degrees 46 minutes 59 seconds West, 1022.12 feet to the POINT OF   BEGINNING and containing 17.885 acres or 779,071 square feet of land, more or   less. Now known as: Lot I, Block A, DENTON TRAVEL CENTER ADDITION, PHASE I,   an Addition to the City of Denton, Denton County, Texas, according to the   Plat thereof recorded in cc# 2009-21, Real Property Records, Denton County,   Texas. 
    

 

	

    	
EXHIBIT A-13   Edinburg, TX 8301 N Expressway 281 Edinburg, TX 78541-7060 A tract of land   containing 17.2489 acres (751 ,362 square feet) situated in the County of   Hidalgo County, Texas, consisting of 8.6235 (375,640 square feet) out of Lot   17, and 8.6254 acres (375,722 square feet) out of Lot 16, Block 47, Santa   Cruz Gardens Subdivision Unit No.2, according to the plat thereof recorded in   Volume 8, Page 28, Hidalgo County Map Records, which said 8.6235 acres   (375,640 square feet) was conveyed to Edinburg Auto Truck Stop, Inc by virtue   of Warranty Deed recorded in Document No. 569099, Hidalgo County Official   Records and said 8.6254 acres (375,722 square feet) was conveyed to Edinburg   Auto Truck Stop, Inc., by virtue of Warranty Deed recorded in Volume 2656,   Page 830, Hidalgo County Official Records, said 17.2489 acres also being more   particularly described as follows: BEGINNING at the Northwest corner of Lot   17, Block 47, Santa Cruz Gardens Subdivision Unit No.2, for the Northwest   corner of this tract; THENCE, S 81 o 20' 00" E along the North line of   Lot 17, Block 47 and within the right of way ofF.M. 2812, a distance of   1252.00 feet to the Northeast corner of this tract; THENCE, 5 08° 52'   00" W along the West right ofway line of U.S. Expressway 281, at a   distance of30.00 feet pass a No. 4 rebar found for the South right of way   line of F.M. 2912, at a distance of 300.00 feet pass a No.4 rebar found on   the South line of Lot 17 and the North line of Lot 16, Block 47, continuing a   total distance of 600.00 feet to a No. 4 rebar found on the South line of Lot   16, for the Southeast corner of this tract; THENCE, N 81 o 20' 00" W   along the South line of Lot 16, Block 47, a distance of 1252.54 feet to a   No.4 rebar found at the Southwest corner of Lot 16, for the Southwest corner   of this tract; THENCE, N 08° 56' 25" E along the West line of Lot 16 and   17, Block 47 and the East line of Lake Citrus Estates Subdivision (Vol. 21,   Pg. 27, H.C.M.R.), at a distance of 300.00 feet pass a No. 4 rebar found for   the Northwest corner of Lot 16, and the Southwest corner of Lot 17, at a   distance of 570.00 feet pass a No.4 rebar found for the South right of way   line of FM 2812, continuing a total distance of 600.00 feet to the POINT OF   BEGINNING, and containing 17.2489 acres (751 ,362 square feet), of which   0.8623 of one acre (37,560 square feet) lies in the right of way ofFM 2812,   leaving a net of 16.3866 acres (713,802 square feet) ofland, more or less. 
    

 

	

    	
EXHIBIT A-14 TA   Laredo 1010 Beltway Parkway Laredo, TX 78045 Being Lot Number One (1), in   Block Number (1), Travel Centers of America Plat recorded in Volume 26, Page   10, Webb County Plat Records, Texas. 
    

 

	

    	
EXHIBIT A-15 TA   Sweetwater PO Box 1578 Sweetwater, TX 79566 Situated in the County ofNolan,   State ofTexas, being part ofthe West one-half(l/2) of Section Fifty Two (52)   in Block Twenty Two (22) of the Texas and Pacific Railway Company Surveys and   being the same land conveyed by James R. Pace and wife, Barbara P. Pace, to   Union Oil Company of California, by deed dated March 4, 1970, recorded in   Volume 211, Page 728, Deed Records, Nolan County, Texas, and being more   particularly described by metes and bounds as follows: BEGINNING at a 3/8'   steel rod found in the West right of way line of Hopkins Road, said rod   maintaining the Northeast corner of 5.0 acre tract of land conveyed by   Sweetwater 76 Inc. to James L, Bates by deed dated August 7, 1985, recorded   in Volume 271, Page 196, said Deed Records; THENCE North 82° 32' 00" West   a distance of 1278.71 feet to a 3/8" steel rod found; THENCE North 08°   37' 51" East a distance of 578.47 feet to a P.K. nail set in the South   right of way line of U.S. Interstate Highway No. 20, said rod maintaining the   Northeast corner of a 1 acre tract of land described as Tract I conveyed by   Edward V. Lee and wife, Nedra K. Lee to K.J. Lee and wife, Merle Lee, by deed   dated September 24, 1984, recorded in Volume 267, Page 1, said Deed Records;   THENCE in a Southeasterly direction with said right of way line and a curve   to the left having a radius of 1006.78 feet a distance of 254.17 feet (chord   bears South 84° 36' 00" East, 253,50 feet) to a concrete monument found;   THENCE South 80° 50' 00" East continuing with the South right of way   line of Highway 20 a distance of 574.71 feet to a 1/2" steel rod set at   an angle point; THENCE South 42° 30' 00" East a distance of 36.40 feet   to a 1/2" steel rod set in the West right of way line of Hopkins Road;   THENCE in a Southeasterly direction with said right of way line and a curve   to the left having a radius of 858.64 feet a distance of 471.52 feet (chord   bears South 15° 54' 00" East, 465.62 feet) to a P.K. Nail set at the end   of said curve; THENCE South 26° 45' 53" East continuing with the West   right of way line of Hopkins Road a distance of 154.40 to the place of   beginning and containing 636,966 square feet or 14.622 acres of land, more or   less. 
    

 

 

EXHIBIT B

 

Form of FIRPTA Certificate

 

(See attached)

 

 

FIRPTA CERTIFICATE

 

Section 1445 of the Internal Revenue Code of 1986, as amended, provides that a transferee of a U.S. real property interest must withhold tax if the transferor is a foreign person. For U.S. federal income tax purposes (including Section 1445), the owner of a disregarded entity (which has legal title to a U.S. real property interest under local law) will be the transferor of the property and not the disregarded entity. To inform the transferee that withholding of tax is not required upon the disposition of a U.S. real property interest by [regarded owner of disregarded entity], a [state/type of entity]  (“Transferor”), pursuant to the Property Exchange Agreement, dated as of [·], 2015, among Hospitality Properties Trust, HPT TA Properties Trust, HPT TA Properties LLC, TravelCenters of America LLC and TA Operating LLC, Transferor hereby certifies to [transferee entity] (“Transferee”) the following:

 

Transferor is not a foreign corporation, foreign partnership, foreign trust, or foreign estate (as those terms are defined in the Internal Revenue Code and income tax regulations thereunder);

 

Transferor is not a disregarded entity as defined in Treasury Regulation Section 1.1445-2(b)(2)(iii);

 

[Disregarded entity name], which has legal title to one or more transferred U.S. real property interests under local law, is disregarded as an entity separate from Transferor for U.S. federal income tax purposes;

 

Transferor’s U.S. employer identification number is [·]; and

 

Transferor’s office address is                                                   .

 

The undersigned and Transferor understand that this certificate may be disclosed to the Internal Revenue Service by Transferee and any transferee and that any false statement contained herein could be punished by fine, imprisonment, or both.

 

[Remainder of page intentionally left blank; signature page follows.]

 

 

Under penalties of perjury I declare that I have examined this certification and to the best of my knowledge and belief it is true, correct, and complete, and I further declare that I have the authority to sign this document on behalf of Transferor.

 

	
 
    	
[TRANSFEROR]
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    	
 
    
	
 
    	
 
    	
Title:
    	
 
    

 

Date:  [·], 2015

 

 

Schedule 1

 

COFO Properties

 

TA Montgomery

980 West South Blvd.

Montgomery, Alabama 36105

 

TA Jackson

PO Box 967

Jackson, Georgia 30529

 

TA Knoxville

615 Watt Road

Knoxville, Tennessee 37922

 

TA Denton

6420 N I-34

Denton, Texas 76207

 

TA Sweetwater

PO Box 1578

Sweetwater, Texas 79566

 

 

Schedule 2

 

Legacy Properties on HPT Land

 

TA Commerce City

5101 Quebec St.

Commerce City, Colorado 80022

HPT Owner:  HPT TA Properties Trust

 

TA Vero Beach

8909 20th Street

Vero Beach, Florida 32966

HPT Owner:  HPT TA Properties Trust

 

TA Clayton

10346 S. State Rte 39

Clayton, Indiana 46118

HPT Owner:  HPT TA Properties LLC

 

TA Barkeyville

5644 SR8 - P.O. Box 333B

Harrisburg, Pennsylvania

HPT Owner:  HPT TA Properties Trust

 

TA Milesburg

875 N. Eagle Valley Rd. PO Box 656

Milesburg, Pennsylvania

HPT Owner:  HPT TA Properties Trust

 

TA Denmark

155 Hwy 138

Denmark, Tennessee

HPT Owner:  HPT TA Properties Trust

 

TA Wheeling

RR 1 - P.O. Box 1521

Valley Grove, West Virginia

HPT Owner:  HPT TA Properties Trust

 

 

Schedule 3

 

Legacy Properties

 

TA Commerce City

5101 Quebec St.

Commerce City, Colorado 80022

HPT Owner:  HPT TA Properties Trust

 

TA Vero Beach

8909 20th Street

Vero Beach, Florida 32966

HPT Owner:  HPT TA Properties Trust

 

TA Clayton

10346 S. State Rte 39

Clayton, Indiana 46118

HPT Owner:  HPT TA Properties LLC

 

TA Baltimore South

5501 O’Donnell Street Cutoff

Baltimore, Maryland

HPT Owner:  HPT TA Properties Trust

 

TA Barkeyville

5644 SR8 - P.O. Box 333B

Harrisburg, Pennsylvania

HPT Owner:  HPT TA Properties Trust

 

TA Milesburg

875 N. Eagle Valley Rd. PO Box 656

Milesburg, Pennsylvania

HPT Owner:  HPT TA Properties Trust

 

TA Denmark

155 Hwy 138

Denmark, Tennessee

HPT Owner:  HPT TA Properties Trust

 

TA Wheeling

RR 1 - P.O. Box 1521

Valley Grove, West Virginia

HPT Owner:  HPT TA Properties Trust

 

 

 

Schedule 4

 

New Properties

 

Petro Gadsden

1724 West Grand Ave.

Gadsden, Alabama  35904

I-59, Exit 181

 

Petro Santa Nella

28991 West Gonzaga Road

Santa Nella, California  95322

State Hwy 152 & State Hwy 33

 

Petro Monee

5915 Monee Rd.

Monee, Illinois  60449

Interstate 57-Exit 335

 

TA Morris

21 Romines Drive

Morris, Illinois  60450

I-80 & State Rte. 47 (Exit 112)

 

Petro Greensburg

1409 S. Country Road #850 East

Greensburg, Indiana  4720

Interstate 74 – Exit 143

 

TA Beto Junction

2775 U.S. Hwy 75

Lebo, Kansas  66856

I-35, Exit 155

 

TA Greenwood

8560 Greenwood Rd.

Greenwood, Louisiana  71033

Interstate 20 (Exit 5)

 

Petro Florence

3001 TV Road

Florence, South Carolina  29501

I-95 – Exit 169

 

 

TA Edinburg

8301 N Expressway 281

Edinburg, Texas 78541-7060

US 281 North, Exit FM-2812

 

TA Laredo

1010 Beltway Parkway

Laredo, Texas  78045

I-35, Exit #13

 

 

Schedule 5

 

Surveys

 

	
Real Property
    	
 
    	
Survey
    
	
 
    	
 
    	
 
    
	
Gadsden, AL

1724 West Grand Ave.

Gadsden, AL 35904

I-59, Exit 181
    	
 
    	
ALTA/ACSM Land Title Survey, dated November 12, 2013,   coordinated by Commercial Due Diligence Services (“CDDS”).
    
	
 
    	
 
    	
 
    
	
Montgomery, AL

980 W South Blvd

Montgomery, AL
    	
 
    	
ALTA/ACSM Land Title Survey dated March 25, 1993, prepared   by International Land Surveying (“ILC”).
    
	
 
    	
 
    	
 
    
	
Petro Santa Nella

28991 West Gonzaga Road

State Hwy 152, Exit State Hwy 33 

(San Luis Dr.)

Santa Nella, CA 95322
    	
 
    	
ALTA/ACSM Land Title Survey, dated May 20, 2015, prepared   by Slooten Consulting, Inc. and coordinated by Smith-Roberts.
    
	
 
    	
 
    	
 
    
	
Commerce City

(Denver East), CO

5101 Quebec St.

Commerce City, CO
    	
 
    	
ALTA/ACSM Land Title Survey, dated May 19, 2015, last   revised May 26, 2015, prepared by Inter-Mountain Engineering and   coordinated by Smith-Roberts.
    
	
 
    	
 
    	
 
    
	
Vero Beach, FL

8909 20th Street

Vero Beach, FL
    	
 
    	
ALTA/ACSM Land Title Survey, dated May 1, 2015, prepared by   Altamax Surveying and coordinated by Smith-Roberts.
    
	
 
    	
 
    	
 
    
	
Atlanta South, GA

Box 967

Jackson, GA
    	
 
    	
ALTA/ACSM Land Title Survey dated January 22, 1993, last   revised March 26, 1997, prepared by ILC.
    
	
 
    	
 
    	
 
    
	
Monee, IL

5915 Monee Rd.

Interstate 57-Exit 335

Monee, IL 60449
    	
 
    	
ALTA/ACSM Land Title Survey, dated April 28, 2011, prepared   by Dale A. Gray.
    
	
 
    	
 
    	
 
    
	
TA Morris

21 Romines Drive

I-80, Exit 112 (Rt. 47)

Morris, IL 60450
    	
 
    	
ALTA/ACSM Land Title Survey, dated May 18, 2015, prepared   by Sarko Engineering, Inc. and coordinated by Smith-Roberts.
    

 

 

	
Real Property
    	
 
    	
Survey
    
	
 
    	
 
    	
 
    
	
Wilmington, IL

Lorenzo Road

Wilmington, IL 60481
    	
 
    	
ALTA/ACSM Land Title Survey, dated January 15, 2015,   prepared by Manhard Consulting, LTD.
    
	
 
    	
 
    	
 
    
	
Clayton, IN

10346 S. State Rte 39

Clayton, IN
    	
 
    	
ALTA/ACSM Land Title Survey, dated May 27, 2015, prepared   by Bledsoe, Riggert Guerrettaz and coordinated by Smith-Roberts.
    
	
 
    	
 
    	
 
    
	
Greensburg, IN

1409 S. Country Road #850 East

Interstate 74 – Exit 143

Greensburg, IN 4720
    	
 
    	
ALTA Survey, dated February 29, 2012, prepared by Mackie   Consultants, LLC, coordinated by CDDS.
    
	
 
    	
 
    	
 
    
	
Beto Junction, KS

2775 U.S. Hwy 75

I-35, Exit 155

Lebo, KS 66856
    	
 
    	
ALTA/ACSM Land Title Survey, dated February 13, 2013,   coordinated by CDDS.
    
	
 
    	
 
    	
 
    
	
TA Greenwood

8560 Greenwood Rd., I-20, Exit 5

Greenwood, LA 71033
    	
 
    	
ALTA/ACSM Land Title Survey, dated May 18, 2015, prepared   by Dading, Marques & Associates, LLC and coordinated by   Smith-Roberts.
    
	
 
    	
 
    	
 
    
	
Barkeyville, PA

5644 SR8

P.O. Box 333B

Harrisburg, PA
    	
 
    	
ALTA/ACSM Land Title Survey, dated May 30, 2015, prepared   by Shaheed A. Smith Geospatial, LLC and coordinated by Smith-Roberts.
    
	
 
    	
 
    	
 
    
	
Milesburg, PA

875 N. Eagle Valley Rd

P.O. Box 656

Milesburg, PA
    	
 
    	
ALTA/ACSM Land Title Survey, dated May 31, 2015, prepared by   Shaheed A. Smith Geospatial, LLC and coordinated by Smith-Roberts.
    
	
 
    	
 
    	
 
    
	
Columbia, SC

Bluff Road

Columbia, SC 29201
    	
 
    	
ALTA/ACSM Land Title Survey, dated January 9, 2007,   prepared by Cox and Dinkins.
    
	
 
    	
 
    	
 
    
	
Florence, SC

3001 TV Road

I-95 – Exit 169

Florence, SC 29501
    	
 
    	
ALTA/ACSM Land Title Survey, dated December 27, 2012,   prepared by Johnny Nobles & Associates.
    

 

 

	
Real Property
    	
 
    	
Survey
    
	
 
    	
 
    	
 
    
	
Denmark, TN

155 Hwy 138

Denmark (Jackson), TN
    	
 
    	
ALTA/ACSM Land Title Survey, dated May 15, 2015, prepared   by Freeland-Clinkscales & Associates, Inc. of NC and   coordinated by Smith-Roberts.
    
	
 
    	
 
    	
 
    
	
Knoxville West, TN

615 Watt Rd.

Knoxville, TN
    	
 
    	
ALTA/ACSM Land Title Survey dated March 11, 1997, prepared   by ILC.
    
	
 
    	
 
    	
 
    
	
Pioneer, TN

289 Howard Baker Highway

Pioneer, TN 37847
    	
 
    	
ALTA/ACSM Land Title Survey, dated June 26, 2013,   coordinated by CDDS.
    
	
 
    	
 
    	
 
    
	
Denton, TX

6420 N I-35

Denton, TX
    	
 
    	
ALTA/ACSM Land Title Survey dated March 16, 1993, prepared   by ILC.
    
	
 
    	
 
    	
 
    
	
TA Edinburg

8301 N Expressway 281

HWY 281, Exit FM 2812

Edinburg, TX 78541-7060
    	
 
    	
ALTA/ACSM Land Title Survey, dated (or to be dated) on or about   June 1, 2015, prepared by Melden & Hunt, Inc. and   coordinated by Smith-Roberts.
    
	
 
    	
 
    	
 
    
	
Hillsboro, TX

US 77

Hillsboro, TX 76645
    	
 
    	
Final Plat, dated August 3, 2007, prepared by The Wallace   Group, Inc.
    
	
 
    	
 
    	
 
    
	
TA Laredo

I-35, Exit 13, 1010 Beltway Parkway

Laredo, TX 78045
    	
 
    	
ALTA/ACSM Land Title Survey, dated May 22, 2015, prepared   by Blue Top Land Surveying and coordinated by Smith-Roberts.
    
	
 
    	
 
    	
 
    
	
Sweetwater, TX

Box 1578

Sweetwater, TX
    	
 
    	
ALTA/ACSM Land Title Survey dated March 31, 1997, prepared   by ILC.
    
	
 
    	
 
    	
 
    
	
Wheeling, WV

RR 1

P.O. Box 1521

Valley Grove, WV 26060
    	
 
    	
ALTA/ACSM Land Title Survey, dated May 12, 2015, prepared   by Freeland-Clinkscales & Associates, Inc. of NC and coordinated   by Smith-Roberts.
    

 

 

Schedule 6

 

Title Commitments

 

	
Real Property
    	
 
    	
Title
    
	
 
    	
 
    	
 
    
	
Gadsden, AL

1724 West Grand Ave.

Gadsden, AL 35904

I-59, Exit 181
    	
 
    	
Title Commitment File No. NCS-727478-01-BOS1, having an   effective date of April 17, 2015 at 8:00 a.m., issued by First American   Title Insurance Company (“First American”).
    
	
 
    	
 
    	
 
    
	
Montgomery, AL

980 W South Blvd

Montgomery, AL
    	
 
    	
Title Commitment File No. NCS-727502-04-BOS1, having an   effective date of April 23, 2015 at 8:00 a.m., issued by First American
    
	
 
    	
 
    	
 
    
	
Quartzsite, AZ

Quartzsite Avenue

Quartzsite, AZ 85346
    	
 
    	
Lawyers Title Insurance Corporation Policy, having an effective   date of January 29, 2008 in the amount of $2,690,000
    
	
 
    	
 
    	
 
    
	
Petro Santa Nella

28991 West Gonzaga Road

State Hwy 152, Exit State Hwy 33

(San Luis Dr.)

Santa Nella, CA 95322
    	
 
    	
Title Commitment No. NCS-727478-04-BOS1, having an   effective date of April 03, 2015 at 7:30 a.m., issued by First American
    
	
 
    	
 
    	
 
    
	
Commerce City

(Denver East), CO

5101 Quebec St.

Commerce City, CO
    	
 
    	
Date Down Endorsement having an effective date of April 28,   2015 issued by Stewart Title Guaranty Company (“Stewart Title”) to   Stewart Title Policy No. 0-9701-1734180.
    
	
 
    	
 
    	
 
    
	
Vero Beach, FL

8909 20th Street

Vero Beach, FL
    	
 
    	
Title Commitment NTS No. 15000140276, having an effective   date of May 1, 2015 at 8:00 a.m., issued by Stewart Title.
    
	
 
    	
 
    	
 
    
	
Atlanta South, GA

Box 967

Jackson, GA
    	
 
    	
Title Commitment No. NCS-727502-01-BOS, having an effective   date of April 16, 2015 at 8:00 a.m., issued by First American.
    
	
 
    	
 
    	
 
    
	
Monee, IL

5915 Monee Rd.

Interstate 57-Exit 335

Monee, IL 60449
    	
 
    	
Title Commitment No. NCS-727478-05-BOS1, having an   effective date of April 27, 2015, issued by First American.
    

 

 

	
Real Property
    	
 
    	
Title
    
	
 
    	
 
    	
 
    
	
TA Morris

21 Romines Drive

I-80, Exit 112 (Rt. 47)

Morris, IL 60450
    	
 
    	
Title Commitment No. NCS-727478-06-BOS1, having an   effective date of April 23, 2015, issued by First American.
    
	
 
    	
 
    	
 
    
	
Wilmington, IL

Lorenzo Road

Wilmington, IL 60481
    	
 
    	
Chicago Title Insurance Company Policy dated February 20,   2015 in the amount of $22,300,00
    
	
 
    	
 
    	
 
    
	
Clayton, IN

10346 S. State Rte 39

Clayton, IN
    	
 
    	
Date Down Endorsement having an effective date of April 21,   2015 at 8:00 a.m., issued by Stewart Title to Stewart Title Policy   No. 0-9701-1561592.
    
	
 
    	
 
    	
 
    
	
Greensburg, IN

1409 S. Country Road #850 East

Interstate 74 – Exit 143

Greensburg, IN 4720
    	
 
    	
Title Commitment No. NCS-727478-10-BOS1, having an   effective date of April 24, 2015, issued by First American.
    
	
 
    	
 
    	
 
    
	
Beto Junction, KS

2775 U.S. Hwy 75

I-35, Exit 155

Lebo, KS 66856
    	
 
    	
Title Commitment No. NCS-727478-11-BOS1, having an   effective date of April 28, 2015 at 8:00 a.m., issued by First American.
    
	
 
    	
 
    	
 
    
	
TA Greenwood

8560 Greenwood Rd., I-20, Exit 5

Greenwood, LA 71033
    	
 
    	
Title Commitment No. NCS-727478-12-BOS1, having an   effective date of April 25, 2015, issued by First American.
    
	
 
    	
 
    	
 
    
	
Barkeyville, PA

5644 SR8

P.O. Box 333B

Harrisburg, PA
    	
 
    	
Title Commitment NTS No. 15000140265, having an effective   date of April 29, 2015 at 8:00 a.m., issued by Stewart Title.
    
	
 
    	
 
    	
 
    
	
Milesburg, PA

875 N. Eagle Valley Rd

P.O. Box 656

Milesburg, PA
    	
 
    	
Title Commitment NTS No. 15000140264, having an effective   date of April 23, 2015, issued by Stewart Title.
    
	
 
    	
 
    	
 
    
	
Columbia, SC

Bluff Road

Columbia, SC 29201
    	
 
    	
First American Title Policy dated August 3, 2007 in the   amount of $4,800,000.
    

 

 

	
Real Property
    	
 
    	
Title
    
	
 
    	
 
    	
 
    
	
Florence, SC

3001 TV Road

I-95 – Exit 169

Florence, SC 29501
    	
 
    	
Title Commitment No. NCS-727478-14-BOS1, having an   effective date of April 21, 2015 at 8:00 a.m., issued by First American.
    
	
 
    	
 
    	
 
    
	
Denmark, TN

155 Hwy 138

Denmark (Jackson), TN
    	
 
    	
Title Commitment NTS No. 15000140266, having an effective   date of April 20, 2015 at 8:00 a.m., revised May 21, 2015, issued   by Stewart Title.
    
	
 
    	
 
    	
 
    
	
Knoxville West, TN

615 Watt Rd.

Knoxville, TN
    	
 
    	
Title Commitment No. NCS-727502-03-BOS1, having an   effective date of April 24, 2015 at 8:00 a.m., issued by First American.
    
	
 
    	
 
    	
 
    
	
Pioneer, TN

289 Howard Baker Highway

Pioneer, TN 37847
    	
 
    	
First American Title Policy dated July 5, 2015 in the amount   of $5,075,000.
    
	
 
    	
 
    	
 
    
	
Denton, TX

6420 N I-35

Denton, TX
    	
 
    	
Title Commitment No. NCS-727502-02-BOS1, having an   effective date of May 1, 2015 at 8:00 a.m., issued by First American.
    
	
 
    	
 
    	
 
    
	
TA Edinburg

8301 N Expressway 281

HWY 281, Exit FM 2812

Edinburg, TX 78541-7060
    	
 
    	
Title Commitment No. NCS-727478-15-BOS1, having an   effective date of May 6, 2015 at 8:00 a.m., issued by First American.
    
	
 
    	
 
    	
 
    
	
Hillsboro, TX

US 77

Hillsboro, TX 76645
    	
 
    	
First American Title Commitment dated August 7, 2007 in the   amount of $1,600,000.
    
	
 
    	
 
    	
 
    
	
TA Laredo

I-35, Exit 13, 1010 Beltway Parkway

Laredo, TX 78045
    	
 
    	
Title Commitment No. NCS-727478-16-BOS1, having an   effective date of May 11, 2015 at 8:00 a.m., issued by First American.
    
	
 
    	
 
    	
 
    
	
Sweetwater, TX

Box 1578

Sweetwater, TX
    	
 
    	
Title Commitment No. NCS-727502-05-BOS1, having an   effective date of May 12, 2015 at 8:00 a.m., issued by First American.
    
	
 
    	
 
    	
 
    
	
Wheeling, WV

RR 1

P.O. Box 1521

Valley Grove, WV 26060
    	
 
    	
Date Down Endorsement having an effective date of May 5,   2015 at 8:00 a.m., issued by Stewart Title to Stewart Title Policy   No. 0-9993-3376154.EX-10.1

 Exhibit 10.1 

ACI WORLDWIDE, INC. 

PERFORMANCE-BASED RESTRICTED SHARE AWARD AGREEMENT 

2005 Equity and Performance Incentive Plan 

(Amended by the Stockholders June 14, 2012 and further revised to reflect 3 for 1 stock split 

effective July 10, 2014) 

THIS PERFORMANCE-BASED RESTRICTED SHARE AWARD AGREEMENT (this “Agreement”) is made and entered into as of the effective date set
forth in Schedule A hereto (the “Effective Date” or “Grant Date”), between ACI Worldwide, Inc., a Delaware corporation (the “Corporation”), and the individual identified in Schedule A hereto (the “Grantee”).
Capitalized terms not otherwise defined herein shall have the meaning ascribed to such terms in the ACI Worldwide, Inc. 2005 Equity and Performance Incentive Plan, as amended. 

WHEREAS, the Board of Directors of the Corporation (the “Board”) has duly adopted, and the stockholders of the Corporation have approved, the 2005
Equity and Performance Incentive Plan, as amended (the “Plan”), which authorizes the Corporation to grant to eligible individuals restricted shares of the Corporation’s common stock, par value of $0.005 per share (the “Common
Shares”); and 
 WHEREAS, the Board has determined that it is desirable and in the best interests of the Corporation and its
stockholders to grant the Grantee a certain number of restricted shares of the Corporation’s Common Shares in order to provide the Grantee with an incentive to advance the interests of the Corporation, all according to the terms and conditions
set forth herein and in the Plan. 
 NOW, THEREFORE, in consideration of the mutual covenants hereinafter set forth and for other good and
valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto, intending to be legally bound hereby, agree as follows: 

1. Grant of Performance-Based Restricted Shares. 

(a) Subject to the terms of the Plan, the Corporation hereby grants to the Grantee an award (the “Award”) of the number of Common
Shares (the “Performance-Based Restricted Shares”) set forth in Schedule A, vesting of which depends on the Corporation’s performance as set forth in this Agreement and in the Statement of Performance Goals attached hereto and
incorporated herein by this reference (the “Statement of Performance Goals”) approved by the Compensation Committee of the Board of Directors (the “Committee”). 

(b) The Grantee’s rights with respect to the Award shall remain forfeitable at all times prior to the dates on which the restrictions
shall lapse and the Management Objectives for the applicable Performance Period have been satisfied in accordance with the terms of this Agreement. 

(c) Vesting of the Performance-Based Restricted Shares will be contingent upon the achievement of certain Management Objectives, as set forth
in the Statement of Performance Goals. The achievement of the Management Objectives will be measured for each applicable Performance Period set forth on the Statement of Performance Goals. 

 (d) The Management Objectives for each applicable Performance Period will be as set forth on the
Statement of Performance Goals. 
 2. Terms and Rights as a Stockholder. 

(a) Except as provided herein and subject to such other exceptions as may be determined by the Board in its discretion, the Performance-Based
Restricted Shares shall vest and the “Restricted Period” for such Performance-Based Restricted Shares shall expire as to the increments set forth in Schedule A (in each case as such number may be adjusted in accordance with Section 12
hereof). 
 (b) The Grantee shall have all rights of a stockholder with respect to the Performance-Based Restricted Shares, including the
right to receive dividends and the right to vote such Shares, subject to the following restrictions: 
  

	 	(i)	the Grantee shall not be entitled to delivery of any Shares until the expiration of the Restricted Period as to such Shares; and 

  

	 	(ii)	none of the Performance-Based Restricted Shares may be sold, assigned, transferred, pledged, hypothecated or otherwise encumbered or disposed of during the Restricted Period as to such Shares. 

Any Shares, any other securities of the Corporation and any other property (except for cash dividends) distributed with respect to the
Performance-Based Restricted Shares shall be subject to the same restrictions, terms and conditions as such Performance-Based Restricted Shares. 

In order to facilitate the transfer back to the Corporation of any Performance-Based Restricted Shares that are forfeited and cancelled as
described herein, including a transfer as payment of required withholding taxes as set forth in Section 14 of this Agreement or pursuant to Section 10 below, Grantee shall, upon the request of the Corporation, provide a stock power or
other instrument of assignment (including a power of attorney) endorsed in blank, with a guarantee of signature if deemed necessary or appropriate by the Corporation. 

3. Termination of Restrictions and Vesting 

(a) Threshold Level Requirement. If, upon the conclusion of the applicable Performance Period, any of the Management Objectives fall
below the threshold levels set forth in the performance matrix contained in the Statement of Performance Goals (the “Performance Matrix”) for such Performance Period, none of the Performance-Based Restricted Shares for such Performance
Period as set forth on the Performance Matrix shall become vested. 
 (b) Vesting Calculation. If, upon the conclusion of the
applicable Performance Period, the Management Objectives equal or exceed the threshold levels set forth in 

 
the Performance Matrix, a proportionate number of the Performance-Based Restricted Shares shall become vested, as determined by mathematical interpolation and rounded up to the nearest whole
share. 
 (c) Modification. If the Committee determines that a change in the business, operations, corporate structure or capital
structure of the Corporation, the manner in which it conducts business or other events or circumstances render the Management Objectives to be unsuitable, the Committee may modify such Management Objectives or the related levels of achievement, in
whole or in part, as the Committee deems appropriate; provided, however, that in the case of an award to a Covered Employee intended to qualify for an exemption under Section 162(m) of the Internal Revenue Code of 1986 (the “Code”),
no such action may result in the loss of the otherwise available exemption of the award under Section 162(m). 
 (d) Conditions;
Determination of Earned Award. Except as otherwise provided herein, the vesting of any Performance-Based Restricted Shares is contingent upon the Grantee remaining in the continuous employ of the Corporation or a Subsidiary through the end of
the applicable Performance Period. For purposes of this Agreement, the continuous employ of the Grantee shall not be considered interrupted or terminated in the case of transfers between locations of the Corporation and its Subsidiaries. Following
the applicable Performance Period, with respect to Grantees that are Covered Employees, the Committee shall certify that the Management Objectives have been satisfied and shall determine the number of Performance-Based Restricted Shares that shall
have become earned and vested hereunder. In all circumstances, the Committee shall have the ability and authority to reduce, but not increase, the amount of Performance-Based Restricted Shares that become earned and vested hereunder. 

(e) Termination of Restricted Period/Satisfaction of Management Objectives. Upon the expiration or termination of the Restricted Period
and the satisfaction of the Management Objectives for the Applicable Performance Period, as to any portion of the Performance-Based Restricted Shares, all restrictions set forth in this Agreement or in the Plan relating to such portion of the
Performance-Based Restricted Shares shall lapse as to such portion of the Performance-Based Restricted Shares, and the appropriate number of Shares, free of the restrictions and restrictive stock legend or notation, as applicable, shall be delivered
to the Grantee or the Grantee’s beneficiary or estate, as the case may be, pursuant to the terms of this Agreement. 
 (f)
Regulatory Delays. Notwithstanding the foregoing, the Corporation’s delivery as to any portion of Performance-Based Restricted Shares shall be delayed in the event the Corporation reasonably anticipates that the delivery of unrestricted
Shares would constitute a violation of federal securities laws or other applicable law. If the delivery of unrestricted Shares is delayed by the provisions of this Section 3(f), such delivery shall occur at the earliest date at which the
Corporation reasonably anticipates such delivery will not cause a violation of federal securities laws or other applicable law. For purposes of this Section 3(f), the delivery of Shares that would cause inclusion in gross income or the
application of any penalty provision or other provision of the Code is not considered a violation of applicable law. 
 4. Change in
Control. If a Change in Control (as defined on Exhibit A to this Agreement) occurs following completion of the first full fiscal quarter of an applicable 

 
Performance Period but before the vesting of the Performance-Based Restricted Shares as set forth in Section 8 below, the Corporation shall deliver to the Grantee, within sixty
(60) days following the Change in Control, a number of Performance-Based Restricted Shares equal to (i) the number of Performance-Based Restricted Shares to which the Grantee would have been entitled under Section 3 above based on the
performance of the Corporation at the 100% target level for the applicable Performance Period, multiplied by (ii) a fraction, the numerator of which is the number of full fiscal quarters in the applicable Performance Period completed prior to
the Change in Control and the denominator of which is the number of full fiscal quarters in the applicable Performance Period. The remaining Performance-Based Restricted Shares shall be forfeited. 

5. Retirement, Disability, Death or Termination without Cause. If the Grantee’s employment with the Corporation or a
Subsidiary terminates following completion of the first full fiscal quarter of an applicable Performance Period but before the vesting and delivery of the Performance-Based Restricted Shares as set forth in Section 8(b) below due to
(a) the Grantee’s retirement approved by the Corporation, (b) Disability (as defined below), (c) death or (d) a termination by the Corporation without cause, the Corporation shall deliver to the Grantee or his or her
executor or administrator, as the case may be, at the time specified in Section 8(b), a number of Performance-Based Restricted Shares equal to (i) the number of Performance-Based Restricted Shares to which the Grantee would have been
entitled under Section 3 above based on the performance of the Corporation for the applicable, full Performance Period, multiplied by (ii) a fraction, the numerator of which is the number of full fiscal quarters the Grantee was employed
during the applicable Performance Period and the denominator of which is the number of full fiscal quarters in the applicable Performance Period. The remaining Performance-Based Restricted Shares shall be forfeited. For purposes of this Agreement,
“Disability” means the Grantee’s permanent and total disability as defined in Section 22(e)(3) of the Code. 
 6.
Other Termination. If the Grantee’s employment with the Corporation or a Subsidiary terminates before vesting and delivery of the Performance-Based Restricted Shares as provided in Section 8(b) hereof for any reason other
than as set forth in Section 5 above, the Performance-Based Restricted Shares will be forfeited. 
 7. Leaves of Absence.
If the Grantee was on short-term disability, long-term disability or unpaid leave of absence approved by the Corporation for more than thirty (30) consecutive calendar days during any fiscal quarter during the applicable Performance Period, the
number of Performance-Based Restricted Shares earned by the Grantee will be reduced such that the Grantee will only be entitled to (i) the number of Performance-Based Restricted Shares to which the Grantee would have been entitled under
Section 3 above based on the performance of the Corporation during the applicable Performance Period, multiplied by (ii) a fraction, the numerator of which is the number of fiscal quarters the Grantee was employed during the applicable
Performance Period (excluding any fiscal quarters during which the Grantee was on a leave of absence for more than thirty (30) consecutive calendar days) and the denominator of which is the number of full fiscal quarters in the applicable
Performance Period. 

 8. Delivery of Shares. 

(a) As of the date hereof, the on target Performance-Based Restricted Shares set forth in Schedule A shall be registered in the name of the
Grantee and held by the Corporation or transferred to a custodian appointed by the Corporation for the account of the Grantee subject to the terms and conditions of the Plan and shall remain in the custody of the Corporation or such custodian until
their delivery to the Grantee or Grantee’s beneficiary or estate as set forth in Sections 5(b) and (c) hereof or their reversion to the Corporation as set forth in Sections 2(b) and 7 hereof. 

(b) The Performance-Based Restricted Shares in respect of which the Restricted Period has lapsed and the Management Objectives for the
applicable Performance Period have been satisfied pursuant to this Agreement shall be delivered to the Grantee as soon as practicable following the date on which the restrictions on such Performance-Based Restricted Shares lapse and the Management
Objectives for the applicable Performance Period have become satisfied subject to Section 14 below. The Corporation shall issue the Performance-Based Restricted Shares either (i) in certificate form or (ii) in book entry form,
registered in the name of the Grantee, with legends, or notations, as applicable, referring to the terms, conditions and restrictions applicable to the Award. 

(d) Any certificate issued representing Performance-Based Restricted Shares shall bear a legend in substantially the following form: 

THIS CERTIFICATE AND THE SHARES OF STOCK REPRESENTED HEREBY ARE SUBJECT TO THE TERMS AND CONDITIONS (INCLUDING FORFEITURE AND
RESTRICTIONS AGAINST TRANSFER) CONTAINED IN THE ACI WORLDWIDE, INC. 2005 EQUITY AND PERFORMANCE INCENTIVE PLAN (THE “PLAN”) AND THE PERFORMANCE-BASED RESTRICTED SHARE AWARD AGREEMENT (THE “AGREEMENT”) BETWEEN THE OWNER OF THE
PERFORMANCE-BASED RESTRICTED SHARES REPRESENTED HEREBY AND ACI WORLDWIDE, INC. (THE “CORPORATION”). THE RELEASE OF SUCH SHARES FROM SUCH TERMS AND CONDITIONS SHALL BE MADE ONLY IN ACCORDANCE WITH THE PROVISIONS OF THE PLAN AND THE
AGREEMENT, COPIES OF WHICH ARE ON FILE AT THE CORPORATION. 
 9. Effect of Lapse of Restrictions and Satisfaction of Management
Objectives. To the extent that the Restricted Period applicable to any Performance-Based Restricted Shares shall have lapsed and the Management Objectives for the applicable Performance Period have been satisfied, the Grantee may receive,
hold, sell or otherwise dispose of such Shares free and clear of the restrictions imposed under the Plan and this Agreement subject to the rights of the Corporation for recoupment set forth in Section 10 below. 

10. Forfeiture and Right of Recoupment. Notwithstanding anything contained herein to the contrary, by accepting this Award,
Grantee understands and agrees that if (a) the Corporation is required to restate its consolidated financial statements because of material noncompliance due to irregularities with the federal securities laws, which restatement is due, in whole
or in part, to the misconduct of Grantee, or (b) it is determined that the Grantee has otherwise engaged in misconduct (whether or not such misconduct is discovered by the 

 
Corporation prior to the termination of Grantee’s employment), the Board may take such action with respect to the Award as the Board, in its sole discretion, deems necessary or appropriate
and in the best interest of the Corporation and its stockholders. Such action may include, without limitation, causing the forfeiture of unvested Performance-Based Restricted Shares, requiring the transfer of ownership back to the Corporation of
unrestricted Shares issued hereunder and still held by the Grantee and the recoupment of any proceeds from the vesting of Performance-Based Restricted Shares or the sale of unrestricted Shares issued pursuant to this Agreement. For purposes of this
Section 10, “misconduct” shall mean a deliberate act or acts of dishonesty or misconduct which either (i) were intended to result in substantial personal enrichment to the Grantee at the expense of the Corporation or
(ii) have a material adverse effect on the Corporation. Any determination hereunder, including with respect to Grantee’s misconduct, shall be made by the Board in its sole discretion. Notwithstanding any provisions herein to the contrary,
Grantee expressly acknowledges and agrees that the rights of the Board set forth in this Section 10 shall continue after Grantee’s employment with the Corporation or its Subsidiary is terminated, whether termination is voluntary or
involuntary, with or without cause, and shall be in addition to every other right or remedy at law or in equity that may otherwise be available to the Corporation. 

11. No Right to Continued Employment. The grant of the Performance-Based Restricted Shares is discretionary and shall not be
construed as giving Grantee the right to be retained in the employ of the Corporation or any Subsidiary and shall not be considered to be an employment contract or a part of the Grantee’s terms and conditions of employment or of the
Grantee’s salary or compensation and the Corporation or any Subsidiary may at any time dismiss Grantee from employment, free from any liability or any claim under the Plan. 

12. Adjustments. In the event of any change in the number of Shares by reason of a merger, consolidation, reorganization,
recapitalization, or similar transaction, or in the event of a stock dividend, stock split, or distribution to stockholders (other than normal cash dividends), the Board shall adjust the number and class of shares subject to outstanding
Performance-Based Restricted Shares and other value determinations applicable to outstanding Performance-Based Restricted Shares. No adjustment provided for in this Section 12 shall require the Corporation to issue any fractional share. 

13. Amendments. Subject to any restrictions contained in the Plan, the Board may waive any conditions or rights under, amend any
terms of, or alter, suspend, discontinue, cancel or terminate, the Award, prospectively or retroactively; provided that any such waiver, amendment, alteration, suspension, discontinuance, cancellation or termination which would adversely affect the
rights of the Grantee or any holder or beneficiary of the Award shall not to that extent be effective without the consent of the Grantee, holder or beneficiary affected. Any amendment to the Plan shall be deemed to be an amendment to this Agreement
to the extent that the amendment is applicable hereto. The terms and conditions of this Agreement may not be modified, amended or waived, except by an instrument in writing signed by a duly authorized executive officer at the Corporation. 

14. Withholding of Taxes. 

(a) The Grantee shall be liable for any and all taxes, including withholding taxes, arising out of this grant or the vesting of
Performance-Based Restricted Shares hereunder. 

 
In the event that the Corporation or the Grantee’s employer (the “Employer”) is required to withhold taxes as a result of the grant or vesting or subsequent sale of Shares
hereunder, the Grantee shall at the election of the Corporation, in its sole discretion, either (i) surrender a sufficient number of whole Shares for which the Restricted Period has expired or other Common Shares owned by the Grantee, having a
fair market value, as determined by the Corporation on the last day of the Restricted Period equal to the amount of such taxes, or (ii) make a cash payment, as necessary to cover all applicable required withholding taxes and required social
security/insurance contributions at the time the restrictions on the Performance-Based Restricted Shares lapse, unless the Corporation, in its sole discretion, has established alternative procedures for such payment. If the number of shares required
to cover all applicable withholding taxes and required social security/insurance contributions includes a fractional share, then Grantee shall deliver cash in lieu of such fractional share. All matters with respect to the total amount to be withheld
shall be determined by the Corporation in its sole discretion. 
 (b) Regardless of any action the Corporation or the Grantee’s
Employer takes with respect to any or all income tax, social security/insurance, payroll tax, payment on account or other tax-related withholding (“Tax-Related Items”), the Grantee acknowledges and agrees that the ultimate liability for
all Tax-Related Items legally due by him or her is and remains the Grantee’s responsibility and that the Corporation and or the Employer (i) make no representations nor undertakings regarding the treatment of any Tax-Related Items in
connection with any aspect of this grant of Performance-Based Restricted Shares, including the grant, vesting or release, the subsequent sale of Shares and receipt of any dividends; and (ii) do not commit to structure the terms or any aspect of
this grant of Performance-Based Restricted Shares to reduce or eliminate the Grantee’s liability for Tax-Related Items. The Grantee shall pay the Corporation or the Employer any amount of Tax-Related Items that the Corporation or the Employer
may be required to withhold as a result of the Grantee’s participation in the Plan or the Grantee’s receipt of Performance-Based Restricted Shares that cannot be satisfied by the means previously described above in Section 14(a). The
Corporation may refuse to deliver the Shares related thereto if the Grantee fails to comply with the Grantee’s obligations in connection with the Tax-Related Items. 

(c) Grantee will notify the Corporation in writing if he or she files an election pursuant to Section 83(b) of the Code. The Grantee
understands that he or she should consult with his or her tax advisor regarding the advisability of filing with the Internal Revenue Service an election under 83(b) of the Code, which must be filed no later than thirty (30) days after the date
of the acquisition of the Shares pursuant to this Agreement, the Grant Date. This time period cannot be extended. The Grantee acknowledges that timely filing of a Section 83(b) election is the Grantee’s sole responsibility. 

15. Plan Governs and Entire Agreement. The Plan is incorporated herein by reference. The Grantee hereby acknowledges receipt of
a copy of the Plan and agrees to be bound by all of the terms and provisions thereof. The Plan and this Agreement constitute the entire agreement of the parties with respect to the subject matter hereof. The terms of this Agreement are subject to,
and governed by, in all respects the terms and conditions of the Plan, and in the case of any inconsistency between the terms of this Agreement and the terms of the Plan, the terms of the Plan shall govern. 

 16. Severability. If any provision of this Agreement is, or becomes, or is deemed
to be invalid, illegal, or unenforceable in any jurisdiction or as to any person or the Award, or would disqualify the Plan or Award under any laws deemed applicable by the Board, such provision shall be construed or deemed amended to conform to the
applicable laws, or, if it cannot be construed or deemed amended without, in the determination of the Board, materially altering the intent of the Plan or the Award, such provision shall be stricken as to such jurisdiction, person or Award, and the
remainder of the Plan and Award shall remain in full force and effect. 
 17. Successors in Interest. This Agreement shall
inure to the benefit of and be binding upon any successor to the Corporation. This Agreement shall inure to the benefit of the Grantee’s legal representatives. All obligations imposed upon the Grantee and all rights granted to the Corporation
under this Agreement shall be binding upon the Grantee’s heirs, executors, administrators and successors. 
 18.
Non-Assignability. The Performance-Based Restricted Shares are personal to the Grantee and may not be sold, exchanged, assigned, transferred, pledged, encumbered or otherwise disposed of by the Grantee until the Restricted Period
expires or terminates as provided in this Agreement; provided, however, that the Grantee’s rights with respect to such Performance-Based Restricted Shares may be transferred by will or pursuant to the laws of descent and
distribution. Any purported transfer or encumbrance in violation of the provisions of this Section 18 shall be void, and the other party to any such purported transaction shall not obtain any rights to or interest in such Performance-Based
Restricted Shares. 
 19. Compliance with Section 409A of the Code. To the extent applicable, it is intended that this
Agreement and the Plan comply with the provisions of Section 409A of the Code, so that the income inclusion provisions of Section 409A(a)(1) of the Code do not apply to the Grantee. 

20. Miscellaneous. 

(a) The interpretation and construction by the Board of any provision of the Plan or this Agreement shall be final and conclusive upon the
Grantee, the Grantee’s estate, executor, administrator, beneficiaries, personal representative and guardian and the Corporation and its successors and assigns. 

(b) This Agreement and its validity, interpretation, performance and enforcement shall be governed by the laws of the State of Delaware other
than the conflict of laws provisions of such laws. 
 (c) If the Grantee has received this or any other document related to the Plan
translated into a language other than English and if the translated version is different than the English version, the English version will control. 

(d) No rule of strict construction shall be implied against the Corporation, the Board or any other person in the interpretation of any of the
terms of the Plan, this Agreement or any rule or procedure established by the Board. 

 (e) Wherever the word “Grantee” is used in any provision of this Agreement under
circumstances where the provision should logically be construed to apply to the executors, the administrators, or the person or persons to whom the Performance-Based Restricted Shares may be transferred by will or the laws of descent and
distribution, the word “Grantee” shall be deemed to include such person or persons. 
 (f) Grantee agrees, upon demand of the
Corporation or the Board, to do all acts and execute, deliver and perform all additional documents, instruments and agreements which may be reasonably required by the Corporation or the Board, as the case may be, to implement the provisions and
purposes of this Agreement and the Plan. 
 (g) All notices under this Agreement to the Corporation shall be in writing and shall be deemed
duly given (i) if mailed or delivered to the Corporation at its principal office, addressed to the attention of Stock Plan Administration, (ii) if electronically delivered to the e-mail address, if any, for Stock Plan Administration or
(iii) if so mailed, delivered or electronically delivered to such other address or e-mail address as the Corporation may hereafter designate by notice to the Grantee. Any notice hereunder by the Corporation to the Grantee shall be in writing
and shall be deemed duly given (i) if mailed or delivered to the Grantee at Grantee’s address listed in the Corporation’s records, (ii) if electronically delivered to the e-mail address, if any, for Grantee listed in the
Corporation’s records or (iii) if so mailed, delivered or electronically delivered to such other address or e-mail address as the Grantee may hereafter designate by written notice given to the Corporation. 

21. Resolution of Disputes. Any dispute or disagreement which may arise under, or as a result of, or in any way related to, the
interpretation, construction or application of this Agreement shall be determined by the Board. Any determination made hereunder shall be final, binding and conclusive on the Grantee and the Corporation for all purposes. 

22. Consent To Transfer Personal Data. By accepting this Award, Grantee voluntarily acknowledges and consents to the collection,
use, processing and transfer of personal data as described in this Section 22. Grantee is not obliged to consent to such collection, use, processing and transfer of personal data. However, failure to provide the consent may affect
Grantee’s ability to participate in the Plan. The Corporation and its Subsidiaries hold certain personal information about Grantee, that may include Grantee’s name, home address and telephone number, date of birth, social security number
or other employee identification number, salary, nationality, job title, any shares of stock held in the Corporation, or details of any entitlement to shares of stock awarded, canceled, purchased, vested, or unvested, for the purpose of
implementing, managing and administering the Plan (“Data”) The Corporation and/or its Subsidiaries will transfer Data amongst themselves as necessary for the purpose of implementation, administration and management of Grantee’s
participation in the Plan, and the Corporation and/or any of its Subsidiaries may each further transfer Data to any third parties assisting the Corporation in the implementation, administration and management of the Plan. These recipients may be
located throughout the world, including the United States. Grantee authorizes them to receive, possess, use, retain and transfer the Data, in electronic or other form, for the purpose of implementing, administering and managing Grantee’s
participation in the Plan, including any requisite transfer of such Data as may be required for the administration of the Plan and/or the subsequent holding of shares of stock on Grantee’s behalf by a broker or other third party with whom
Grantee or the Corporation may elect to deposit any shares of stock 

 
acquired pursuant to the Plan. Grantee may, at any time, review Data, require any necessary amendments to it or withdraw the consents herein in writing by contacting the Corporation; however,
withdrawing consent may affect Grantee’s ability to participate in the Plan. 
 23. Electronic Delivery and Acceptance.
The Corporation may, in its sole discretion, decide to deliver any documents or notices related to current or future participation in the Plan by electronic means. By accepting the Performance-Based Restricted Shares, electronically or otherwise,
Grantee hereby consents to receive such documents or notices by electronic delivery and agrees to participate in the Plan through an on-line or electronic system established and maintained by the Corporation or a third party designated by the
Corporation, including the use of electronic signatures or click-through acceptance of terms and conditions or other electronic means such as an e-mail acknowledgement. 

This Agreement will be deemed to be signed by the Corporation and Grantee upon Grantee’s acceptance of the Notice of Grant of Award attached as Schedule
A. 

 Schedule A 

(Attached) 

 Exhibit A 

For purposes of this Agreement, “Change in Control” means: 

Any individual, entity or group (within the meaning of Section 13(d)(3) or 14(d)(2) of the Securities Exchange Act of 1934, as amended
(the “Exchange Act”)) (a “Person”) becomes the beneficial owner (within the meaning of Rule 13d-3 promulgated under the Exchange Act) of 20% or more of either 1. the
then-outstanding shares of common stock of the Corporation (the “Outstanding Corporation Common Stock”) or 2. the combined voting power of the then-outstanding voting securities of the Corporation entitled to vote generally in the
election of directors (the “Outstanding Corporation Voting Securities”); provided, however, that, for purposes of this definition of Change in Control, the following acquisitions shall not constitute a Change in
Control: a. any acquisition directly from the Corporation, b. any acquisition by the Corporation, c. any acquisition by any employee benefit plan (or related trust) sponsored or maintained by the Corporation or any company controlled by, controlling
or under common control with the Corporation, d. any acquisition by any Person pursuant to a transaction that complies with (3)(A) below; or e. any acquisition of beneficial ownership of not more than 25% of the Outstanding Corporation Voting
Securities by any Person that is entitled to and does report such beneficial ownership on Schedule 13G under the Exchange Act (a “13G Filer”), provided, however, that this clause (v) shall cease to apply when a
Person who is a Schedule 13G Filer becomes required to file a Schedule 13D under the Exchange Act with respect to beneficial ownership of 20% or more of the Outstanding Corporation Common Stock or Outstanding Corporation Voting Securities.
Notwithstanding any other provision hereof, if a Business Combination (as defined below) is completed during the Performance Period and the Outstanding Corporation Voting Securities are converted into voting securities of the Combined Corporation
(as defined below), but such Business Combination does not constitute a “Change in Control” under (3) below, “Outstanding Corporation Voting Securities” shall thereafter mean voting securities of the Combined Corporation
entitled to vote generally in the election of the members of the Combined Corporation Board. 
 Any time at which individuals who, as of the
date hereof, constitute the Board of Directors (the “Incumbent Board”) cease for any reason to constitute at least a majority of the Board of Directors other than as a result of a Business Combination that does not constitute a
“Change in Control” under Sections (1) above or (3)(A) below; provided, however, that any individual becoming a director subsequent to the date hereof whose election, or nomination for election by the
Corporation’s stockholders, was approved by a vote of at least a majority of the directors then comprising the Incumbent Board shall be considered as though such individual were a member of the Incumbent Board, but excluding, for this purpose,
any such individual whose initial assumption of office occurs as a result of an actual or threatened election contest with respect to the election or removal of directors or other actual or threatened solicitation of proxies or consents by or on
behalf of a Person other than the Board of Directors (an “Election Contest”); 
 Consummation of a reorganization, merger,
statutory share exchange or consolidation or similar transaction involving the Corporation or any of its subsidiaries, a sale or other disposition of all or substantially all of the assets of the Corporation, or the acquisition of assets or stock of
another entity by the Corporation or any of its subsidiaries (each, a “Business Combination”), in each case unless, following such Business Combination, 3. no Person (excluding any corporation

 
resulting from such Business Combination or any employee benefit plan (or related trust) of the Corporation or such corporation resulting from such Business Combination (the “Combined
Corporation”)) beneficially owns, directly or indirectly, such number of the then-Outstanding Corporation Voting Securities as would constitute a “Change in Control” under (1) above, and at least one-half of the members of
the board of directors (or, for a non-corporate entity, equivalent governing body) of the entity resulting from such Business Combination (the “Combined Corporation Board”) were members of the Incumbent Board at the time of the
execution of the initial agreement or of the action of the Board of Directors providing for such Business Combination (the “Business Combination Agreement”); or 

Approval by the stockholders of the Corporation of a complete liquidation or dissolution of the Corporation.

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