MEMORANDUM TO: Barry Sternlicht Dan Yih FROM: Stephen P. Hanson RE: Payment DATE: June 26, 2014 I hope you are doing well. Six (6) months have flown by and the term of my covenants will soon expire. I have honored my commitment to BR Guest and will continue to do so through the end of the covenant period. Pursuant to the Separation and Mutual Release Agreement, I am requesting payment of $500,000 be made on July I, 2014. Please wire the money to me at: Muchnick, Golieb & Golieb, P.C. Attorney Trust Account CitiBank, NA 79 Fifth Avenue New York. New York 10003 For credit to: Muchnick, Golieb & Golicb, P.C. Account No. Sony I missed you in Florida, but I hope to see you in Nantucket this summer. EFTA_R1_00361587 EFTA01919402