Ref. Ares(2013)697534 - 15/04/2013
Ref. Ares(2014)69823 - 14/01/2014
List of Exhibits
Exhibit A - Co-ownership & Agency Agreement Ref: Q.3 (ii)
Exhibit B – 9,999 year agreement for lease from Carrylane Limited to the Exhort Co-ownership Ref: Q.3
(ii)
•
See Schedule 4, Clauses 4-6, 11 and 13 of this agreement which confirm that the Exhort Co-
ownership has no involvement in the operation of the hotel.
Exhibit C - sample 999 year investor lease from Carrylane Limited to a sample Suite Investor Ref: Q.3
(i)
•
See Schedule 5 Clause 6, Schedule 6 Clauses 11-13 and Schedule 7 Clauses 28-31 which
confirm that the Suite Investors have no involvement in the operation of the hotel
Exhibit D – sample 999 year agreement for investor lease from Carrylane Limited to Ilesca Limited Ref:
Q.3 (iii)
•
See Schedule 5 Clause 6, Schedule 6 Clauses 11-13 and Schedule 7 Clauses 28-31 which
confirm that Ilesca Limited has no involvement in the operation of the hotel
Exhibit E - Operating agreement between Carrylane Limited (formerly Ritz Hotel Limited) and the Ritz-
Carlton Hotel Company B.V. Ref: Q.5/Q.8
•
See Article 2 regarding the delegation of certain functions to Ritz-Carlton.
•
See Article 4 regarding duration of agreement and termination events.
Exhibit F – Occupational agreement for lease from the Exhort Co-ownership to Carrylane Limited Ref
Q.6
•
See Clause 7 Schedule 5 Clauses 1-5 of this agreement which confirm that the Exhort Co-
ownership has no involvement in the operation of the hotel
Exhibit G – Sample occupational lease from a sample Suite Investor to Carrylane Limited Ref Q.6*
• See Schedule 3, Schedule 4 Clause 7 and Schedule 5 Clauses 2-4 of this agreement which
confirms that neither the Suite Investors nor Ilesca Limited has any involvement in the
operation of the hotel.
• See Schedule 7 of this agreement for details of rent due under the lease.
(* note the occupational agreement from lease from Ilesca to Carrylane Limited is identical in all respects
to this agreement).