Amendment, dated March 30, 2020, to Separation Agreement and General Release, dated as of March 4, 2020, by and between the Company and Bryan Peery

Contract Categories: Human Resources - Separation Agreements
EX-10.5 4 ex_186382.htm EXHIBIT 10.5 ex_186382.htm


Exhibit 10.5


Amendment to Letter Agreement (“Agreement”) dated March 4, 2020 between Apple Hospitality REIT, Inc. (the “Company”) and Bryan Peery.


The purpose of this Amendment is to acknowledge that, as a result of the recent effects of COVID-19 on the operating results for the Company, each party to the Agreement has agreed that payment of the Additional Benefit will be deferred until a mutually agreed upon date later in calendar year 2020. The remaining terms of the Agreement shall remain unchanged.





Accepted and Agreed



/s/ Justin Knight                                        

Justin Knight

Apple Hospitality REIT, Inc.



/s/ Bryan Peery                                        

Bryan Peery



March 30, 2020