SEC Contract Filing

Filing Date: 2018-08-14

Document Content:
<DOCUMENT>
<TYPE>EX-10.20
<SEQUENCE>13
<FILENAME>cplg-ex1020_357.htm
<DESCRIPTION>EX-10.20
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cplg-ex1020_357.htm
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<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:12pt;">&nbsp;</p>
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<p style="text-align:center;margin-bottom:12pt;margin-top:0pt;font-weight:bold;font-size:11pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;text-indent:0%;">FORM OF<br />RESTRICTED STOCK UNIT GRANT NOTICE<br />UNDER THE<br /><font style="font-family:Times New Roman Bold;text-transform:uppercase;">COREPOINT LODGING Inc.</font><br />2018 OMNIBUS INCENTIVE PLAN<br />(Non-Employee Directors)</p>
<p style="margin-bottom:12pt;margin-top:0pt;text-indent:15.38%;font-size:11pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">CorePoint Lodging Inc. (the &#8220;<font style="text-decoration:underline;">Company</font>&#8221;), pursuant to the CorePoint Lodging Inc. 2018 Omnibus Incentive Plan (the &#8220;<font style="text-decoration:underline;">Plan</font>&#8221;), hereby grants to the Participant set forth below the number of Restricted Stock Units set forth below in full satisfaction of the grants required to be made pursuant to the terms of the Employee Matters Agreement between the Company and La Quinta Holdings Inc., dated January 17, 2018 (the &#8220;<font style="text-decoration:underline;">EMA</font>&#8221;) in respect of certain LQ RSUs granted to such Participant under the Amended and Restated La Quinta Holdings Inc. 2014 Omnibus Incentive Plan.&nbsp;&nbsp;The Restricted Stock Units are subject to all of the terms and conditions as set forth herein, in the Restricted Stock Unit Agreement (attached hereto or previously provided to the Participant in connection with a prior grant), and in the Plan, all of which are incorporated herein in their entirety.&nbsp;&nbsp;For purposes of the Plan, the Restricted Stock Units granted hereunder shall be considered a Substitute Award.&nbsp;&nbsp;Capitalized terms not otherwise defined herein shall have the meaning set forth in the Plan.</p>
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<p style="margin-bottom:12pt;margin-top:0pt;font-weight:bold;font-size:11pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"><font style="font-weight:bold;font-size:11pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Number of Restricted Stock Units</font></p></td>
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<p style="margin-bottom:12pt;margin-top:0pt;font-weight:bold;font-size:11pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"><font style="font-weight:bold;font-size:11pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Vesting Schedule</font><font style="font-size:11pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">:</font></p></td>
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<p style="margin-bottom:12pt;margin-top:0pt;font-weight:bold;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:11pt;"><font style="font-weight:normal;">Provided the Participant has not undergone a Termination at the time of each applicable vesting date (or event): </font></p></td></tr></table></div>
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