SALES AND PROJECT COORDINATION AGREEMENT
This Sales and Project Coordination Agreement (this “Agreement”) is made as of the 1st day of March,
2006, by and between Rare Earth Development Company, an Arizona corporation, and InnSuites Hospitality
Trust, an Ohio real estate investment trust.
WHEREAS, Rare Earth Development Company is owned by the Wirth family, including Pam Barnhill,
Division Vice President of Rare Earth Development Company and daughter of James Wirth;
WHEREAS, Rare Earth Development Company, through its division Rare Earth Realty, is a licensed
Arizona Real Estate Broker and a Multiple Listing Service (MLS) agent;
WHEREAS, James Wirth is President of both Rare Earth Development Company and InnSuites
Hospitality Trust; and
WHEREAS, InnSuites Hospitality Trust is in the process of converting certain hotel units into condo-
hotel units (the “Project”).
NOW, THEREFORE, subject to the terms, conditions, covenants and provisions of this Agreement,
Rare Earth Development Company and InnSuites Hospitality Trust mutually covenant and agree as follows:
Upon the terms and subject to the conditions of this Agreement, Rare Earth Development Company will
provide the following services to InnSuites Hospitality Trust with respect to hotel properties owned or controlled
by InnSuites Hospitality Trust and designated by its Board of Trustees for conversion into condo-hotel units:
Project coordination, including, without limitation, working with engineers, architects,
consultants, contractors and government officials, and applying for and obtaining required approvals, licenses
and permits for the Project.
Marketing coordination, including, without limitation, developing and placing advertisements in
an cost-effective manner. The cost of such advertisements will be borne by InnSuites Hospitality Trust.
Sales, including Multiple Listing Service (MLS) listings.
Financing and closing coordination w