Lodging Fund REIT III, Inc. Business Operations Contracts & Agreements

Fourth Amendment to Contribution Agreement by and between the Operating Partnership and RLC-IV CYFC, LLC for the Courtyard by Marriott Fort Collins, dated as of June 8, 2022 (Filed With SEC on August 11, 2022)

Fifth Amendment to Contribution Agreement by and between the Operating Partnership and RLC-IV CYFC, LLC for the Courtyard by Marriott Fort Collins, dated as of August 3, 2022 (Filed With SEC on August 11, 2022)

Environmental Indemnity Agreement by and between LF3 RIFC, LLC, LF3 RIFC TRS, LLC, the Operating Partnership and Legendary A-1 Bonds, LLC related to the Residence Inn Fort Collins... (Filed With SEC on August 11, 2022)

Contribution Agreement by and between the Operating Partnership and W&K Hotels, LLC for the Manhattan Four Points, dated as of May 9, 2022 (Filed With SEC on May 16, 2022)

Contribution Agreement by and between the Operating Partnership and W&K Hotels, LLC for the Lawrence DoubleTree, dated as of May 9, 2022 (Filed With SEC on May 16, 2022)

Amended & Restated Contribution Agreement by and between the Operating Partnership and APF Northbrook LLC for the Northbrook Property, dated as of December 3, 2021 (Filed With SEC on March 31, 2022)

Contribution Agreement by and between the Operating Partnership and RLC-VI Lakewood, LLC for the Fairfield Inn & Suites Denver Southwest Lakewood, dated as of December 30, 2021 (Filed With SEC on March 31, 2022)

Amended & Restated Contribution Agreement by and between the Operating Partnership and Agassiz Hospitality, LLC for the Fargo Property, dated as of January 18, 2022 (Filed With SEC on March 31, 2022)

Management Agreement by and between LF3 Fargo Med TRS, LLC and KAJ Hospitality Inc., relating to the Fargo Property, dated as of January 18, 2022 (Filed With SEC on March 31, 2022)

Contribution Agreement by and between the Operating Partnership and RLC V RIFC, LLC for the Residence Inn by Marriott Fort Collins, dated as of February 1, 2022 (Filed With SEC on March 31, 2022)

Contribution Agreement by and between the Operating Partnership and RLC-IV CYFC, LLC for the Courtyard by Marriott Fort Collins, dated as of February 1, 2022 (Filed With SEC on March 31, 2022)

Contribution Agreement dated as of September 20, 2021, by and between the Operating Partnership and APF Northbrook LLC for the Northbrook Property (Filed With SEC on November 12, 2021)

First Amendment to the Contribution Agreement dated as of October 4, 2021, by and between the Operating Partnership and APF Northbrook LLC for the Northbrook Property (Filed With SEC on November 12, 2021)

Contribution Agreement dated as of August 24, 2021, by and between the Operating Partnership and High Desert Investors, LP for the HGI El Paso Property (Filed With SEC on November 12, 2021)

Contribution Agreement dated as of September 14, 2021, by and between the Operating Partnership and Agassiz Hospitality, LLC for the Fargo Property (Filed With SEC on November 12, 2021)

First Amendment to the Contribution Agreement dated as of October 8, 2021, by and between the Operating Partnership and Agassiz Hospitality, LLC for the Fargo Property (Filed With SEC on November 12, 2021)

Contribution Agreement dated October 20, 2021, by and between the Operating Partnership and ELP MC Venture, LLC for the Courtyard El Paso Property (Filed With SEC on November 12, 2021)

Letter Agreement dated as of October 20, 2021, by and between the Operating Partnership and ELP MC Venture, LLC for the Courtyard El Paso Property (Filed With SEC on November 12, 2021)

Letter Agreement dated as of August 11, 2021, by and between LF3 Pineville, LLC and the Company and CWCapital Asset Management LLC for the Pineville Property (Filed With SEC on November 12, 2021)

Deposit Account Control Agreement by and among LF3 El Paso TRS, LLC, EPH Development Fund LLC and Wells Fargo Bank, National Association, relating to the El Paso Property, dated... (Filed With SEC on August 13, 2021)

Second Amendment to the Contribution Agreement dated as of June 18, 2021, by and between the Operating Partnership and Houston-Hotel Partners, LLC and Houston Land Partners, LLC... (Filed With SEC on August 13, 2021)

Hotel Management Agreement between HD Sunland Park Property, L.L.C. and Elevation Hotel Management, L.L.C., relating to the El Paso Property, dated as of November 29, 2018 (Filed With SEC on August 13, 2021)

First Amendment to the Hotel Management Agreement between HD Sunland Park Property, L.L.C. and Elevation Hotel Management, L.L.C., relating to the El Paso Property, dated as of... (Filed With SEC on August 13, 2021)

First Amendment to the Contribution Agreement dated as of May 28, 2021, by and between the Operating Partnership and HCNA Enterprises, Inc. for the Corpus Christi Fairfield Inn... (Filed With SEC on August 13, 2021)

First Amendment to the Contribution Agreement dated as of May 18, 2021, by and between the Operating Partnership and Houston-Hotel Partners, LLC and Houston Land Partners, LLC for... (Filed With SEC on August 13, 2021)

Second Amended and Restated Contribution Agreement, dated as of August 3, 2021, by and between the Operating Partnership and Houston-Hotel Partners, LLC and Houston Land Partners,... (Filed With SEC on August 13, 2021)

Management Agreement by and between LF3 Houston TRS, LLC and Interstate Management Company, LLC, relating to the Houston Hilton Garden Inn, dated as of August 3, 2021 (Filed With SEC on August 13, 2021)

Third Amendment to the Contribution Agreement dated as of July 2, 2021, by and between the Operating Partnership and Houston-Hotel Partners, LLC and Houston Land Partners, LLC for... (Filed With SEC on August 13, 2021)

Amended and Restated Contribution Agreement, dated as of April 1, 2021, by and between the Operating Partnership and Houston-Hotel Partners, LLC and Houston Land Partners, LLC for... (Filed With SEC on May 17, 2021)

First Amendment to Contribution Agreement dated as of April 28, 2021, by and between the Operating Partnership and HD Sunland Park Property LLC for the El Paso Property (Filed With SEC on May 17, 2021)

Amended and Restated Contribution Agreement, dated as of May 12, 2021, by and between the Operating Partnership and HD Sunland Park Property LLC for the El Paso Property (Filed With SEC on May 17, 2021)

Assignment and Assumption of Management Agreement, by and between HD Sunland Park Property, LLC and LF3 El Paso TRS, LLC, and LF3 El Paso, LLC, relating to the El Paso Property,... (Filed With SEC on May 17, 2021)

Environmental Indemnity Agreement by LF3 El Paso, LLC and LF3 El Paso TRS, LLC in favor of EPH Development Fund LLC, relating to the El Paso Property, dated as of May 12, 2021 (Filed With SEC on May 17, 2021)

First Amendment to Contribution Agreement, dated as of November 30, 2020, by and between the Operating Partnership and LN Hospitality Denver, LLC for the Aurora Property (Filed With SEC on March 31, 2021)

Amended and Restated Contribution Agreement, dated as of January 29, 2021, by and between the Operating Partnership and LN Hospitality Denver, LLC for the Aurora Property (Filed With SEC on March 31, 2021)

Contribution Agreement, dated as of January 8, 2021, by and between the Operating Partnership and HD Sunland Park Property LLC for the El Paso Property (Filed With SEC on March 31, 2021)

Contribution Agreement, dated as of February 17, 2021, by and between the Operating Partnership and Houston-Hotel Partners, LLC and Houston Land Partners, LLC for the Houston... (Filed With SEC on March 31, 2021)

Form of Services Agreement with NHS dba National Hospitality Services (Filed With SEC on March 31, 2021)

Letter Agreement between Midland Loan Services, LF3 Lubbock Expo, LLC and LF3 Lubbock Expo TRS, LLC regarding the Lubbock Fairfield Inn loan, dated as of March 2, 2021 (Filed With SEC on March 31, 2021)

Contribution Agreement, dated as of March 8, 2021, by and between the Operating Partnership and HCNA Enterprises, Inc. for the Corpus Christi Fairfield Inn Property (Filed With SEC on March 31, 2021)