<SEC-DOCUMENT>0001615774-16-006389.txt : 20160721
<SEC-HEADER>0001615774-16-006389.hdr.sgml : 20160721
<ACCEPTANCE-DATETIME>20160721155822
ACCESSION NUMBER:		0001615774-16-006389
CONFORMED SUBMISSION TYPE:	SC 13D/A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20160721
DATE AS OF CHANGE:		20160721
GROUP MEMBERS:		AHP HOLDINGS LLC
GROUP MEMBERS:		DANIEL WEISMAN
GROUP MEMBERS:		JOEL AARONSON
GROUP MEMBERS:		JOSEPH MALKA
GROUP MEMBERS:		LYLE WEISMAN
GROUP MEMBERS:		WEISMAN CAPITAL GROUP LLC

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ashford Hospitality Prime, Inc.
		CENTRAL INDEX KEY:			0001574085
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				462488594
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13D/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-87737
		FILM NUMBER:		161777433

	BUSINESS ADDRESS:	
		STREET 1:		14185 DALLAS PARKWAY
		STREET 2:		SUITE 1100
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75254
		BUSINESS PHONE:		(972) 490-9600

	MAIL ADDRESS:	
		STREET 1:		14185 DALLAS PARKWAY
		STREET 2:		SUITE 1100
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75254

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Weisman Group LLC
		CENTRAL INDEX KEY:			0001660070
		IRS NUMBER:				475654459
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13D/A

	BUSINESS ADDRESS:	
		STREET 1:		14001 VENTURA BLVD
		CITY:			SHREMAN OAKS
		STATE:			CA
		ZIP:			91423
		BUSINESS PHONE:		818-807-8996

	MAIL ADDRESS:	
		STREET 1:		14001 VENTURA BLVD
		CITY:			SHREMAN OAKS
		STATE:			CA
		ZIP:			91423
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13D/A
<SEQUENCE>1
<FILENAME>s103731_sc13da.htm
<DESCRIPTION>SD 13D/A
<TEXT>
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<P STYLE="margin: 0">&nbsp;&nbsp;&nbsp;<B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>UNITED STATES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Washington, D.C. 20549</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>SCHEDULE 13D</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>Under the
Securities Exchange Act of 1934</B></FONT><BR>
<B>(Amendment No. 3) </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">ASHFORD HOSPITALITY PRIME, INC.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Name of Issuer)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Common Stock, $0.01 par value per share</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Title&nbsp;of Class of Securities)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: black 1pt solid"><B>044102101</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(CUSIP Number)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Lyle Weisman</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">14001 Ventura Boulevard</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Sherman Oaks, California 91423</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">818-930-0230</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Name, Address and Telephone Number of Person</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Authorized to Receive Notices and Communications)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">July 21, 2016</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Date of Event which Requires Filing of
this Statement)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">If the filing person has previously filed
a statement on Schedule&nbsp;13G to report the acquisition which is the subject of this Schedule&nbsp;13D, and is filing this schedule
because of &sect;&sect;240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. <FONT STYLE="font-family: Wingdings">&uml;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>Note</B>: Schedules filed in paper format
shall include a signed original and five copies of the schedule, including all exhibits. See &sect;240.13d-7 for other parties
to whom copies are to be sent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">*The remainder of this cover page shall
be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any
subsequent amendment containing information which would alter disclosures provided in a prior cover page.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The information required on the remainder
of this cover page shall not be deemed to be &quot;filed&quot; for the purpose of Section&nbsp;18 of the Securities Exchange Act
of 1934 (&quot;Act&quot;) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other
provisions of the Act (however, see the Notes).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.75in">CUSIP NUMBER: 044102101</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: top; border-top: black 1pt solid; border-bottom: black 1pt solid; font-size: 10pt"><FONT STYLE="font-size: 10pt">1.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid; border-bottom: black 1pt solid; font-size: 10pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-top: black 1pt solid; padding-bottom: 12pt; font-size: 10pt"><FONT STYLE="font-size: 10pt">Names of Reporting Persons</FONT><BR>
<FONT STYLE="font-size: 10pt">Weisman Group LLC</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; width: 10%; border-bottom: black 1pt solid; font-size: 10pt"><FONT STYLE="font-size: 10pt">2.</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; border-bottom: black 1pt solid; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 82%; border-top: black 1pt solid; border-bottom: black 1pt solid; font-size: 10pt"><FONT STYLE="font-size: 10pt">Check the Appropriate Box if a Member of a Group (See Instructions)</FONT></TD>
    <TD STYLE="vertical-align: top; width: 7%; border-bottom: Black 1pt solid; border-top: Black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(a)&nbsp;&nbsp;<FONT STYLE="font-family: Wingdings">x</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(b)&nbsp;&nbsp;<FONT STYLE="font-family: Wingdings">&uml;</FONT></P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; font-size: 10pt"><FONT STYLE="font-size: 10pt">3.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; font-size: 10pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-bottom: black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">SEC Use Only</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; font-size: 10pt"><FONT STYLE="font-size: 10pt">4.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; font-size: 10pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-bottom: black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Source of Funds (See Instructions)</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">PF; OO</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; font-size: 10pt"><FONT STYLE="font-size: 10pt">5.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Check if Disclosure of Legal Proceedings is Required Pursuant
        to Items 2(d) or 2(e)</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>
        <P STYLE="font: 10pt Wingdings; margin: 0pt 0">&uml;</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; font-size: 10pt"><FONT STYLE="font-size: 10pt">6.</FONT></TD>
    <TD STYLE="vertical-align: bottom; font-size: 10pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Citizenship or Place of Organization</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Delaware</P></TD></TR>
</TABLE>


<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD ROWSPAN="4" STYLE="width: 15%; border-top: black 1pt solid; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">Number of</FONT><BR>
<FONT STYLE="font-size: 10pt">Shares</FONT><BR>
<FONT STYLE="font-size: 10pt">Beneficially</FONT><BR>
<FONT STYLE="font-size: 10pt">Owned by</FONT><BR>
<FONT STYLE="font-size: 10pt">Each</FONT><BR>
<FONT STYLE="font-size: 10pt">Reporting</FONT><BR>
<FONT STYLE="font-size: 10pt">Person</FONT><BR>
<FONT STYLE="font-size: 10pt">With</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 5%; border-top: black 1pt solid; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 5%; border-top: black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 10%; border-top: black 1pt solid; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">7.</FONT></TD>
    <TD STYLE="vertical-align: top; width: 65%; border-top: black 1pt solid; border-bottom: black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Sole Voting Power</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">1,518,419</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">8.</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Shared Voting Power</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">9.</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Sole Dispositive Power</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">10.</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">Shared Dispositive Power</FONT><BR>
1,395,563</TD></TR>
</TABLE>


<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">11.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">Aggregate Amount
Beneficially Owned by Each Reporting Person</FONT><BR> 1,518,419</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; width: 10%; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">12.</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 82%; border-bottom: black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Check if the Aggregate Amount in Row (11) Excludes Certain Shares
        (See Instructions)</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P></TD>
    <TD STYLE="vertical-align: bottom; width: 7%; border-bottom: black 1pt solid"><FONT STYLE="font: 10pt Wingdings">&uml;</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">13.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">Percent of Class
Represented by Amount in Row (11)</FONT><BR>
5.333% (1)(2)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">14.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">Type of Reporting Person (See Instructions)</FONT><BR>
<FONT STYLE="font-size: 10pt">PN</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.75in">CUSIP NUMBER: 044102101</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: top; border-top: black 1pt solid; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">1.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-top: black 1pt solid; border-bottom: black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">Names of Reporting Persons</FONT><BR> <FONT STYLE="font-size: 10pt">Weisman Capital Group LLC</FONT></P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; width: 10%; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">2.</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 82%; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">Check the Appropriate Box if a Member of a Group (See Instructions)</FONT></TD>
    <TD STYLE="vertical-align: top; width: 7%; border-bottom: black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(a)&nbsp;&nbsp;<FONT STYLE="font-family: Wingdings">x</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(b)&nbsp;&nbsp;<FONT STYLE="font-family: Wingdings">&uml;</FONT></P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">3.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-bottom: black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">SEC Use Only</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">4.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-bottom: black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Source of Funds (See Instructions)</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">PF; OO</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">5.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Check if Disclosure of Legal Proceedings is Required Pursuant
        to Items 2(d) or 2(e)</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid"><FONT STYLE="font: 10pt Wingdings">&uml;</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">6.</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Citizenship or Place of Organization</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Delaware</P></TD></TR>
</TABLE>


<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD ROWSPAN="4" STYLE="width: 15%; border-top: black 1pt solid; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">Number of</FONT><BR>
<FONT STYLE="font-size: 10pt">Shares</FONT><BR>
<FONT STYLE="font-size: 10pt">Beneficially</FONT><BR>
<FONT STYLE="font-size: 10pt">Owned by</FONT><BR>
<FONT STYLE="font-size: 10pt">Each</FONT><BR>
<FONT STYLE="font-size: 10pt">Reporting</FONT><BR>
<FONT STYLE="font-size: 10pt">Person</FONT><BR>
<FONT STYLE="font-size: 10pt">With</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 5%; border-top: black 1pt solid; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 5%; border-top: black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 10%; border-top: black 1pt solid; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">7.</FONT></TD>
    <TD STYLE="vertical-align: top; width: 65%; border-top: black 1pt solid; border-bottom: black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Sole Voting Power</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">8.</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">Shared Voting Power</FONT></P>
                                                                    <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">9.</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Sole Dispositive Power</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">10.</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">Shared Dispositive Power</FONT><BR>
318,019</TD></TR>
</TABLE>


<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">11.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">Aggregate Amount
    Beneficially Owned by Each Reporting Person</FONT><BR>
    318,019</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; width: 10%; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">12.</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 82%; border-bottom: black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Check if the Aggregate Amount in Row (11) Excludes Certain Shares
        (See Instructions)</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P></TD>
    <TD STYLE="vertical-align: bottom; width: 7%; border-bottom: black 1pt solid"><FONT STYLE="font: 10pt Wingdings">&uml;</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">13.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">Percent of Class
Represented by Amount in Row (11)</FONT><BR>
1.12% (1)(2)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">14.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">Type of Reporting Person (See Instructions)</FONT><BR>
<FONT STYLE="font-size: 10pt">PN</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>


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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.75in">CUSIP No. 044102101</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: top; border-top: black 1pt solid; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">1.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-top: black 1pt solid; border-bottom: black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">Names of Reporting Persons</FONT><BR> <FONT STYLE="font-size: 10pt">Lyle Weisman</FONT></P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; width: 10%; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">2.</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 82%; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">Check the Appropriate Box if a Member of a Group (See Instructions)</FONT></TD>
    <TD STYLE="vertical-align: top; width: 7%; border-bottom: black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(a)&nbsp;&nbsp;<FONT STYLE="font-family: Wingdings">x</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(b)&nbsp;&nbsp;<FONT STYLE="font-family: Wingdings">&uml;</FONT></P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">3.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-bottom: black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">SEC Use Only</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">4.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-bottom: black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Source of Funds (See Instructions)</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">PF; OO</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">5.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Check if Disclosure of Legal Proceedings is Required Pursuant
        to Items 2(d) or 2(e)</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid"><FONT STYLE="font: 10pt Wingdings">&uml;</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">6.</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Citizenship or Place of Organization</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">United States</P></TD></TR>
</TABLE>


<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD ROWSPAN="4" STYLE="width: 15%; border-top: black 1pt solid; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">Number of</FONT><BR>
<FONT STYLE="font-size: 10pt">Shares</FONT><BR>
<FONT STYLE="font-size: 10pt">Beneficially</FONT><BR>
<FONT STYLE="font-size: 10pt">Owned by</FONT><BR>
<FONT STYLE="font-size: 10pt">Each</FONT><BR>
<FONT STYLE="font-size: 10pt">Reporting</FONT><BR>
<FONT STYLE="font-size: 10pt">Person</FONT><BR>
<FONT STYLE="font-size: 10pt">With</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 5%; border-top: black 1pt solid; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 5%; border-top: black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 10%; border-top: black 1pt solid; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">7.</FONT></TD>
    <TD STYLE="vertical-align: top; width: 65%; border-top: black 1pt solid; border-bottom: black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 30.95pt; text-indent: -30.95pt">Sole Voting Power</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">8.</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">Shared Voting Power</FONT><BR>
1,518,419</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">9.</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Sole Dispositive Power</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">10.</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">Shared Dispositive Power</FONT><BR>
1,395,563</TD></TR>
</TABLE>


<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">11.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">Aggregate Amount
    Beneficially Owned by Each Reporting Person</FONT><BR>
    1,518,419 (2)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; width: 10%; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">12.</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 82%; border-bottom: black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Check if the Aggregate Amount in Row (11) Excludes Certain Shares
        (See Instructions)</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P></TD>
    <TD STYLE="vertical-align: bottom; width: 7%; border-bottom: black 1pt solid"><FONT STYLE="font: 10pt Wingdings">&uml;</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">13.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">Percent of Class
Represented by Amount in Row (11)</FONT><BR>
5.333% (1)(2)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">14.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">Type of Reporting Person (See Instructions)</FONT><BR>
<FONT STYLE="font-size: 10pt">IN</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>


<!-- Field: Page; Sequence: 4 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.75in">CUSIP No. 044102101</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: top; border-top: black 1pt solid; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">1.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-top: black 1pt solid; border-bottom: black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">Names of Reporting Persons</FONT><BR> <FONT STYLE="font-size: 10pt">Daniel Weisman</FONT></P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; width: 10%; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">2.</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 82%; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">Check the Appropriate Box if a Member of a Group (See Instructions)</FONT></TD>
    <TD STYLE="vertical-align: top; width: 7%; border-bottom: black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(a)&nbsp;&nbsp;<FONT STYLE="font-family: Wingdings">x</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(b)&nbsp;&nbsp;<FONT STYLE="font-family: Wingdings">&uml;</FONT></P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">3.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-bottom: black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">SEC Use Only</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">4.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-bottom: black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Source of Funds (See Instructions)</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">PF; OO</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">5.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Check if Disclosure of Legal Proceedings is Required Pursuant
        to Items 2(d) or 2(e)</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid"><FONT STYLE="font: 10pt Wingdings">&uml;</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">6.</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Citizenship or Place of Organization</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">United States</P></TD></TR>
</TABLE>


<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD ROWSPAN="4" STYLE="width: 15%; border-top: black 1pt solid; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">Number of</FONT><BR>
<FONT STYLE="font-size: 10pt">Shares</FONT><BR>
<FONT STYLE="font-size: 10pt">Beneficially</FONT><BR>
<FONT STYLE="font-size: 10pt">Owned by</FONT><BR>
<FONT STYLE="font-size: 10pt">Each</FONT><BR>
<FONT STYLE="font-size: 10pt">Reporting</FONT><BR>
<FONT STYLE="font-size: 10pt">Person</FONT><BR>
<FONT STYLE="font-size: 10pt">With</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 5%; border-top: black 1pt solid; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 5%; border-top: black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 10%; border-top: black 1pt solid; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">7.</FONT></TD>
    <TD STYLE="vertical-align: top; width: 65%; border-top: black 1pt solid; border-bottom: black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 30.95pt; text-indent: -30.95pt">Sole Voting Power</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">8.</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">Shared Voting Power</FONT><BR>
1,518,419</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">9.</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Sole Dispositive Power</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">10.</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">Shared Dispositive Power</FONT><BR>
1,395,563</TD></TR>
</TABLE>


<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">11.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">Aggregate Amount
    Beneficially Owned by Each Reporting Person</FONT><BR>
    1,518,419 (2)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; width: 10%; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">12.</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 82%; border-bottom: black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Check if the Aggregate Amount in Row (11) Excludes Certain Shares
        (See Instructions)</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P></TD>
    <TD STYLE="vertical-align: bottom; width: 7%; border-bottom: black 1pt solid"><FONT STYLE="font: 10pt Wingdings">&uml;</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">13.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">Percent of Class
Represented by Amount in Row (11)</FONT><BR>
5.333% (1)(2)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">14.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">Type of Reporting Person (See Instructions)</FONT><BR>
<FONT STYLE="font-size: 10pt">IN</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.75in">CUSIP No. 044102101</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: top; border-top: black 1pt solid; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">1.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-top: black 1pt solid; border-bottom: black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">Names of Reporting Persons</FONT><BR> <FONT STYLE="font-size: 10pt">Joseph Malka</FONT></P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; width: 10%; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">2.</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 82%; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">Check the Appropriate Box if a Member of a Group (See Instructions)</FONT></TD>
    <TD STYLE="vertical-align: top; width: 7%; border-bottom: black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(a)&nbsp;&nbsp;<FONT STYLE="font-family: Wingdings">x</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(b)&nbsp;&nbsp;<FONT STYLE="font-family: Wingdings">&uml;</FONT></P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">3.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-bottom: black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">SEC Use Only</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">4.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-bottom: black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Source of Funds (See Instructions)</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">PF; OO</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">5.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Check if Disclosure of Legal Proceedings is Required Pursuant
        to Items 2(d) or 2(e)</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid"><FONT STYLE="font: 10pt Wingdings">&uml;</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">6.</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Citizenship or Place of Organization</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">United States</P></TD></TR>
</TABLE>


<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD ROWSPAN="4" STYLE="width: 15%; border-top: black 1pt solid; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">Number of</FONT><BR>
<FONT STYLE="font-size: 10pt">Shares</FONT><BR>
<FONT STYLE="font-size: 10pt">Beneficially</FONT><BR>
<FONT STYLE="font-size: 10pt">Owned by</FONT><BR>
<FONT STYLE="font-size: 10pt">Each</FONT><BR>
<FONT STYLE="font-size: 10pt">Reporting</FONT><BR>
<FONT STYLE="font-size: 10pt">Person</FONT><BR>
<FONT STYLE="font-size: 10pt">With</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 5%; border-top: black 1pt solid; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 5%; border-top: black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 10%; border-top: black 1pt solid; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">7.</FONT></TD>
    <TD STYLE="vertical-align: top; width: 65%; border-top: black 1pt solid; border-bottom: black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 30.95pt; text-indent: -30.95pt">Sole Voting Power</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">8.</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">Shared Voting Power</FONT><BR>
1,518,419</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">9.</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Sole Dispositive Power</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">10.</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">Shared Dispositive Power</FONT><BR>
1,395,563</TD></TR>
</TABLE>


<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">11.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">Aggregate Amount
    Beneficially Owned by Each Reporting Person</FONT><BR>
    1,518,419 (2)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; width: 10%; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">12.</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 82%; border-bottom: black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Check if the Aggregate Amount in Row (11) Excludes Certain Shares
        (See Instructions)</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P></TD>
    <TD STYLE="vertical-align: bottom; width: 7%; border-bottom: black 1pt solid"><FONT STYLE="font: 10pt Wingdings">&uml;</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">13.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">Percent of Class
Represented by Amount in Row (11)</FONT><BR>
5.333<FONT STYLE="font-size: 10pt">% (1)(2)</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">14.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">Type of Reporting Person (See Instructions)</FONT><BR>
<FONT STYLE="font-size: 10pt">IN</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.75in">CUSIP&nbsp;No. 044102101</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: top; border-top: black 1pt solid; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">1.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-top: black 1pt solid; border-bottom: black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">Names of Reporting Persons</FONT><BR> <FONT STYLE="font-size: 10pt">AHP Holdings LLC</FONT></P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; width: 10%; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">2.</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 82%; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">Check the Appropriate Box if a Member of a Group (See Instructions)</FONT></TD>
    <TD STYLE="vertical-align: top; width: 7%; border-bottom: black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(a)&nbsp;&nbsp;<FONT STYLE="font-family: Wingdings">x</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(b)&nbsp;&nbsp;<FONT STYLE="font-family: Wingdings">&uml;</FONT></P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">3.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-bottom: black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">SEC Use Only</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">4.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-bottom: black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Source of Funds (See Instructions)</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">PF OO</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">5.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Check if Disclosure of Legal Proceedings is Required Pursuant
        to Items 2(d) or 2(e)</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid"><FONT STYLE="font: 10pt Wingdings">&uml;</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">6.</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Citizenship or Place of Organization</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">California</P></TD></TR>
</TABLE>


<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD ROWSPAN="4" STYLE="width: 15%; border-top: black 1pt solid; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">Number of</FONT><BR>
<FONT STYLE="font-size: 10pt">Shares</FONT><BR>
<FONT STYLE="font-size: 10pt">Beneficially</FONT><BR>
<FONT STYLE="font-size: 10pt">Owned by</FONT><BR>
<FONT STYLE="font-size: 10pt">Each</FONT><BR>
<FONT STYLE="font-size: 10pt">Reporting</FONT><BR>
<FONT STYLE="font-size: 10pt">Person</FONT><BR>
<FONT STYLE="font-size: 10pt">With</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 5%; border-top: black 1pt solid; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 5%; border-top: black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 10%; border-top: black 1pt solid; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">7.</FONT></TD>
    <TD STYLE="vertical-align: top; width: 65%; border-top: black 1pt solid; border-bottom: black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 30.95pt; text-indent: -30.95pt">Sole Voting Power</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">8.</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">Shared Voting Power</FONT></P>
                                                                    <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">9.</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Sole Dispositive Power</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">10.</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">Shared Dispositive Power</FONT><BR>
154,000</TD></TR>
</TABLE>


<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">11.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">Aggregate Amount Beneficially Owned by Each Reporting Person</FONT><BR>
<FONT STYLE="font-size: 10pt">154,000</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; width: 10%; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">12.</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 82%; border-bottom: black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Check if the Aggregate Amount in Row (11) Excludes Certain Shares
        (See Instructions)</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P></TD>
    <TD STYLE="vertical-align: bottom; width: 7%; border-bottom: black 1pt solid"><FONT STYLE="font: 10pt Wingdings">&uml;</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">13.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">Percent of Class
Represented by Amount in Row (11)</FONT><BR>
0.54% (1)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">14.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">Type of Reporting Person (See Instructions)</FONT><BR>
<FONT STYLE="font-size: 10pt">PN</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>


<!-- Field: Page; Sequence: 7 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.75in">CUSIP&nbsp;No. 044102101</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: top; border-top: black 1pt solid; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">1.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-top: black 1pt solid; border-bottom: black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">Names of Reporting Persons</FONT><BR> <FONT STYLE="font-size: 10pt">Joel Aaronson (3)</FONT></P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; width: 10%; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">2.</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 82%; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">Check the Appropriate Box if a Member of a Group (See Instructions)</FONT></TD>
    <TD STYLE="vertical-align: top; width: 7%; border-bottom: black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(a)&nbsp;&nbsp;<FONT STYLE="font-family: Wingdings">x</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(b)&nbsp;&nbsp;<FONT STYLE="font-family: Wingdings">&uml;</FONT></P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">3.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-bottom: black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">SEC Use Only</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">4.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-bottom: black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Source of Funds (See Instructions)</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">PF OO</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">5.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Check if Disclosure of Legal Proceedings is Required Pursuant
        to Items 2(d) or 2(e)</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid"><FONT STYLE="font: 10pt Wingdings">&uml;</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">6.</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Citizenship or Place of Organization</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">United States</P></TD></TR>
</TABLE>


<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD ROWSPAN="4" STYLE="width: 15%; border-top: black 1pt solid; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">Number of</FONT><BR>
<FONT STYLE="font-size: 10pt">Shares</FONT><BR>
<FONT STYLE="font-size: 10pt">Beneficially</FONT><BR>
<FONT STYLE="font-size: 10pt">Owned by</FONT><BR>
<FONT STYLE="font-size: 10pt">Each</FONT><BR>
<FONT STYLE="font-size: 10pt">Reporting</FONT><BR>
<FONT STYLE="font-size: 10pt">Person</FONT><BR>
<FONT STYLE="font-size: 10pt">With</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 5%; border-top: black 1pt solid; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 5%; border-top: black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 10%; border-top: black 1pt solid; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">7.</FONT></TD>
    <TD STYLE="vertical-align: top; width: 65%; border-top: black 1pt solid; border-bottom: black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 30.95pt; text-indent: -30.95pt">Sole Voting Power</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">91,743</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">8.</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">Shared Voting Power</FONT></P>
                                                                    <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">9.</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 30.95pt; text-indent: -30.95pt">Sole Dispositive Power</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">91,743</P></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">10.</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">Shared Dispositive Power</FONT><BR>
<FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
</TABLE>


<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">11.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">Aggregate Amount Beneficially Owned by Each Reporting Person</FONT><BR>
<FONT STYLE="font-size: 10pt">91,743</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; width: 10%; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">12.</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 82%; border-bottom: black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Check if the Aggregate Amount in Row (11) Excludes Certain Shares
        (See Instructions)</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P></TD>
    <TD STYLE="vertical-align: bottom; width: 7%; border-bottom: black 1pt solid"><FONT STYLE="font: 10pt Wingdings">&uml;</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">13.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">Percent of Class
Represented by Amount in Row (11)</FONT><BR>
0.322% (1)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">14.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">Type of Reporting Person (See Instructions)</FONT><BR>
<FONT STYLE="font-size: 10pt">IN</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0%">&nbsp;</TD>
    <TD STYLE="width: 3%"><FONT STYLE="font-size: 10pt">(1)</FONT></TD>
    <TD STYLE="width: 97%"><FONT STYLE="font-size: 10pt">Based on 28,471,775 shares of Issuer&rsquo;s common stock reported to be outstanding as of March 11, 2016, reporting persons may be deemed to have beneficial ownership of approximately 5.66% of the outstanding shares of Issuer's common stock.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">(2)</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Includes beneficial ownership as a managing member of Weisman Group.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">(3)</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Includes shares beneficially owned (i) by Mr. Aaronson individually, (ii) by his SEP IRA, and(iii) by a trust of which he is sole trustee.</FONT></TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;&nbsp;</P>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Items 4, 5 and 7 of the statement on Schedule
13D relating to the Common Stock, $0.01 par value per share (the &ldquo;Shares&rdquo;) of Ashford Hospitality Prime, Inc., a Maryland
corporation (&ldquo;AHP&rdquo;) previously filed by the Weisman Group (who collectively are referred to as the &ldquo;Reporting
Persons&rdquo;), are hereby amended as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Item 4. Purpose of Transaction</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">On June 7, 2016 the Weisman Group
on behalf of the Reporting Persons sent a letter to Monty J. Bennett, chief executive officer of AHP, which outlined
a non-binding proposal to acquire the assets of AHP (the &quot;Acquisition&quot;) for a total consideration of $1.48 billion <FONT STYLE="font-family: Times New Roman, Times, Serif">(including
refinancing of all existing AHP debt)</FONT>. On June 27, 2016 AHP delivered its letter to the Weisman Group in response
to the Weisman Group Proposal (the &ldquo;AHP Letter&rdquo;). A copy of the AHP Letter is attached as an exhibit to the Form
8-K filed by AHP on June 27, 2016. On June 30, 2016, as requested by AHP, the Weisman Group delivered a letter affirming
its intent to move forward. On July 8, 2016 AHP and AINC delivered drafts of non-disclosure agreements (NDAs) to the Weisman
Group through AHP&rsquo;s financial advisor, Deutsche Bank. On July 14, 2016, Weisman Group and Deutsche Bank further
discussed the draft NDAs by phone. On July 21, 2016, in a letter to Monty J. Bennett, chief executive officer of AHP and of
AINC, and as requested by Deutsche Bank, Weisman Group reaffirmed a revised an offer to acquire AHP for $1.54 billion and
identified provisions in the NDAs that, in Weisman Group&rsquo;s opinion, needed revision. Weisman Group further suggested
negotiating and signing an Acquisition Agreement, as an alternative, prior to signing binding NDAs.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">The Weisman Group letters of June
7, 2016, of June 30, 2016 and of July 21, 2016 are intended to be  non-binding expressions of the basic terms upon which
Weisman Group proposes to continue  discussions with AHP regarding the Acquisition. Any binding agreement with respect to the
Acquisition will be subject to, among other things, Weisman Group&rsquo;s completion of its due diligence investigation of
AHP, as well as the negotiation of a definitive agreement setting forth the terms and conditions of the Acquisition. Nothing
contained in these letters obligates either the Weisman Group or AHP to continue discussions if commenced or otherwise to
complete the Acquisition. The foregoing description is a summary of the July 21, 2016 is letter qualified in its entirety
by reference thereto as set forth on Exhibit 1 to this Report, which is incorporated into Item 4 by this reference.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><B>ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in; text-align: left">The
information set forth and/or incorporated by reference in Items 2, 3 and 4 is hereby incorporated by reference into this Item
5. As of July 1, 2016 the Reporting Persons as a group owned approximately 5.66% of the issued and outstanding shares of the
Company based on 28,471,775 shares reported to be outstanding as of March 11, 2016.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.25in; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in; text-align: left">(a)(i) Weisman Group by its voting
rights may be deemed the beneficial owner of an aggregate of 1,518,419 shares of the Issuer, or approximately 5.333%, of the
total outstanding Shares.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in; text-align: left">(ii) Weisman
Capital Group, a member of the Weisman Group, is the beneficial owner of an aggregate of 318,019 shares of the Issuer, or
approximately 1.12%, of the total outstanding Shares.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in; text-align: left">(iii) Lyle
Weisman, as a manager of Weisman Group and as a manager of Weisman Capital Group, may be deemed jointly to be the beneficial
owner of an aggregate of 1,518,419 shares of the Issuer, or approximately 5.333%, of the total outstanding Shares.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">(iv) Daniel Weisman as a manager of
Weisman Group, may be deemed jointly to be the beneficial owner of an aggregate of 1,518,419 shares of the Issuer, or
approximately 5.333%, of the total outstanding Shares.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">(v) Joseph Malka as a manager of
Weisman Group, may be deemed jointly to be the beneficial owner of an aggregate of 1,518,419 shares of the Issuer, or
approximately 5.333%, of the total outstanding Shares.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">(vi) AHP Holding is a member of the Weisman
Group and may be deemed to be the beneficial owner of an aggregate of 154,000 shares of the Issuer, or 0.54%, of the total outstanding
Shares.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">(vii)&nbsp;Joel Aaronson is the
beneficial owner of an aggregate of 91,743, or 0.322%, of the total outstanding Shares.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">(b)&nbsp;Weisman Group has power
to vote of 1,518,419 Shares inclusive of 318,019 shares beneficial owned by members of Weisman Capital Group. Each of Lyle
Weisman, Daniel Weisman, and Joseph Malka, as managing members, has shared voting and dispositive power over shares
beneficially owned by Weisman Group. AHP Holdings has assigned its voting and retains shared dispositive power over its
154,000 Shares. Joel Aaronson has sole voting and sole dispositive power over his 91,743 Shares.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">(c) &ndash; (e) Not applicable.</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Item 7. Exhibits</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The following documents are filed as exhibits
to this statement:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 6%">&nbsp;</TD>
    <TD STYLE="width: 10%"><FONT STYLE="font-size: 10pt">Exhibit 1</FONT></TD>
    <TD STYLE="width: 84%; text-align: justify"><FONT STYLE="font-size: 10pt">Letter from the Weisman Group LLC to Monty J. Bennett,
Chief Executive Officer of AHP dated July 21, 2016</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-indent: -1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SIGNATURES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: center; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">After reasonable inquiry and to the
best of their knowledge and belief, the undersigned certify that the information set forth in this Statement is true,
complete and correct.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%"><FONT STYLE="font-size: 10pt">Date: July 21, 2016</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 50%"><FONT STYLE="font-size: 10pt">/s/ Lyle Weisman<SUP></SUP></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Lyle Weisman Individually, as Manager of Weisman Group LLC, as Manager of Weisman Capital
    Group LLC</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><SUP>&nbsp;</SUP></P>



<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">/s/ Daniel Weisman<SUP></SUP></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-size: 10pt">Daniel Weisman</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 47%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">/s/ Joseph Malka<SUP></SUP></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-size: 10pt">Joseph Malka</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-size: 10pt">AHP Holdings LLC</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">/s/ Michael Kest<SUP>1</SUP></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Michael Kest</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">/s/ Joel Aaronson<SUP>1</SUP></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Joel Aaronson</FONT></TD></TR>
</TABLE>




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 0pt; margin-bottom: 0pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 25%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><SUP></SUP></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><SUP>i</SUP> By power of attorney pursuant to Joint Filing Agreement filed with Schedule 13D.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; font-size: 10pt; border-bottom: Black 1pt solid"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">/s/
Lyle Weisman</FONT></TD>
    <TD STYLE="width: 50%; font-size: 10pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Lyle Weisman, Attorney
    in Fact</FONT></TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;&nbsp;</P>


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<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;&nbsp;</P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>&nbsp;WEISMAN GROUP, LLC</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>14001 Ventura Boulevard</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>Sherman Oaks, CA 91423&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">July 21, 2016</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Ashford Hospitality Prime, Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">14185 Dallas Parkway, Suite 1100</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Dallas, Texas 75254</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font-size: 10pt; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 15%; font: 10pt Calibri, Helvetica, Sans-Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif">Attention:</FONT></TD>
    <TD STYLE="width: 85%; font: 10pt Calibri, Helvetica, Sans-Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif">Monty J. Bennett</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 10pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Calibri, Helvetica, Sans-Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif">Chief Executive Officer and Chairman of the Board of Directors</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">Re: <B>Proposal to Acquire Ashford Hospitality</B>
<B>Prime, Inc. </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Dear Mr. Bennett:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Late afternoon, on Friday July 8, 2016 we received nearly identical
NDAs from both Ashford Inc. and Ashford Hospitality Prime, through AHP&rsquo;s financial advisor Deutsche Bank. We are pleased
to accept the offer proffered in that email to &ldquo;participate in discussions with AINC&rdquo;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Also, on July 14, 2016, we spoke with the Deutsche Bank team
by phone. On the call representing AHP were Drew Goldman, Arthur Goldfrank as well as others on the Deutsche Bank team. In that
call, we took the opportunity to materially improve our offer. To summarize:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">With recent share buybacks in mind -announced on July
5, 2016- and after further review of recent changes to assets, we increase our offer to $1,540,000,000, which is approximately
$23.65 per share gross and $20.58 per share net after allocating $70,000,000 for the Advisory Agreement termination fee, which
we acknowledge is subject to negotiations and has been presented here to provide a direct comparison for the purposes of this letter.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">With regards to the NDAs, we were invited on that call to make
changes that we needed, and below is a list of generalized concerns, with the forwarded NDAs attached as Exhibit A, plus our redline
version of the NDAs, which is still not 100% acceptable to us just yet, attached as Exhibit B, for easy reference. We want to be
mindful of AHP&rsquo;s need to protect valid corporate interests, but need to still adjust provisions that we believe are unduly
restrictive, unduly vague or which may prove onerous, and we look forward to an updated and mutually acceptable version of the
NDAs. Alternatively, the original NDA we sent with our initial offer is still acceptable to us.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Fortunately, even if we can&rsquo;t come to mutually acceptable
terms regarding the NDAs at this time, there is another potential avenue available that will allow us to move forward on the transaction.
This path involves signing a definitive Acquisition Agreement first, with all the customary provisions including a substantial
deposit, &ldquo;go-shop&rdquo; period and &ldquo;break-up fee&rdquo;, to be subsequently followed by NDAs.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Ashford Hospitality Prime, Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">July 21, 2016</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Page 2</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Regarding the forwarded NDAs, as shareholders, we were concerned
that some of the provisions, as written, open the door to actions whose results are not in the best interests of all shareholders.
Such provisions, as currently worded, include but are not limited to, AHP and AINC individually being able to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Restrict us from being able to add on equity partners who may bring
strategic advantages that could result in a higher price paid.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.25in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Reject our offer for &ldquo;no reason&rdquo; at all.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.25in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Restrict our access to Evaluation Material necessary to obtain financing.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.25in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Deny us the opportunity to bid against another prospective buyer.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.25in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Deny us the opportunity to present revised offers if our initial offer
is rejected.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.25in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Deny us the ability to communicate directly with the officers of the
two companies or their Independent Board members, at AHP and AINC, which we find antithetical to resolving the termination fee
to the benefit of all shareholders and further not with the spirit of your letter to us dated June 27, where you stated, &ldquo;We
invite you to participate alongside us in discussions with Ashford Inc. regarding the termination fee.&rdquo;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We should not let the NDAs become a stumbling block towards
effecting a transaction to the benefit of all shareholders, and reiterate the suggested alternative path of negotiating and signing
a definitive Acquisition Agreement as stated above. If we have a definitive Acquisition Agreement in place, we would be much more
flexible regarding the NDAs, as the Acquisition Agreement would indicate that our good faith efforts to acquire the Company and
the significant costs associated with that process would not be needlessly incurred due to an inability to agree on even the most
general of terms.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We further reiterate that we can reliably expect nothing material
to emerge during due diligence. The Company&rsquo;s management is external, and the real estate holdings are relatively simple
to evaluate, both from a valuation standpoint as well as a financing standpoint. As you know, property-level income and expenses
were recently delineated in AHP&rsquo;s financial reporting on a hotel-by-hotel basis. It is clear that none of the hotels have
conditions that preclude the ability to obtain hotel-level financing, as hotel-level financing currently exists across every hotel
asset, and furthermore, we believe that anything that would significantly impact the hotels&rsquo; valuations or otherwise impact
the Company&rsquo;s ability to obtain hotel-level financing, would need to have been publicly disclosed to all shareholders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Separately, as shareholders of the Company, we obviously want
to amicably resolve and negotiate the Advisory Agreement termination fee, but as buyers of the Company, the magnitude of the termination
fee will not materially impact our decision to move forward on the transaction.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In other words, we are accommodating and flexible to any and
all paths that will help ensure that our offer be accepted by the Company and presented to all shareholders of AHP for ratification,
as long as those paths don&rsquo;t unduly restrict our ability to participate in a transaction.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Ashford Hospitality Prime, Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">July 21, 2016</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Page 3</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="font-family: Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">We look forward to working with you and your team.</FONT></TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif">Very truly yours, </FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif">Weisman Group, LLC</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="width: 45%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">By:</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">/s/ Lyle Weisman</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">cc: Hertz Investment Group</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">cc: Deutsche Bank</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0">EXHIBIT A</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0">AINC NDA</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0">&nbsp;</P>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase">Ashford
Inc.</FONT><BR>
14185 Dallas Parkway, Suite 1100<BR>
Dallas, Texas 75254<BR>
July [<FONT STYLE="font: 10pt Symbol">&middot;</FONT><FONT STYLE="font: 10pt Times New Roman, Times, Serif">]</FONT>,
2016</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Weisman Group, LLC<BR>
14001 Ventura Boulevard<BR>
Sherman Oaks, California 91423<BR>
Attention: Lyle Weisman</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">[Hertz Investment Group]<BR>
Attention: Judah Hertz</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 63pt; text-align: justify; text-indent: -27pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 36pt"></TD><TD STYLE="width: 27pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Re</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Confidentiality and Non-Disclosure Agreement
(this &ldquo;<B>Agreement</B>&rdquo;)</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Gentlemen:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">In connection with the consideration by each
party (as defined below) hereto of a possible negotiated transaction with the other party hereto (the &ldquo;<B>Transaction</B>&rdquo;),
each party is prepared to make available to the other party certain information concerning its company, business, financial condition,
operations, assets, liabilities and affairs. Each party acknowledges that such information may include nonpublic information,
trade secrets or other business information of a party (the &ldquo;<B>Disclosing Party</B>&rdquo;), the disclosure of which by
the other party (the &ldquo;<B>Receiving Party</B>&rdquo;) could harm the Disclosing Party. For avoidance of doubt, (i) references
to &ldquo;<B>you</B>,&rdquo; &ldquo;<B>your</B>&rdquo; and the &ldquo;<B>Weisman Group</B>&rdquo; in this Agreement refer to Weisman
Group, LLC, [Hertz Investment Group]<SUP>1</SUP> and their respective subsidiaries and affiliates, collectively, and (ii) references
to the &ldquo;<B>Company</B>&rdquo; are to Ashford Inc. Weisman Group and the Company are hereinafter sometimes referred to each
individually as a &ldquo;<B>party</B>&rdquo; and together as the &ldquo;<B>parties</B>.&rdquo; In consideration for, and as a
condition of such information being furnished by each Disclosing Party to the Receiving Party hereunder, each Receiving Party
and its Representatives (as defined below) agrees to treat any information concerning the Disclosing Party that is or has been
furnished to the Receiving Party or to the Receiving Party&rsquo;s Representatives (regardless of the manner or form in which
it is furnished, including without limitation all written, oral and electronic communications), together with any notes, analyses,
compilations, studies, interpretations, documents or records containing, referring, relating to, based upon or derived from such
information, in whole or in part (collectively, the &ldquo;<B>Evaluation Material</B>&rdquo;) as confidential and in accordance
with the provisions of this Agreement, and to take or abstain from taking certain other actions hereinafter set forth. For purposes
of this agreement, the term &ldquo;<B>Representatives</B>&rdquo; shall mean, collectively, (a) with respect to the Weisman Group,
its directors, officers, employees, financing sources, agents, financial advisors, attorneys, accountants, consultants and any
representatives of the foregoing and (b) with respect to the Company, its directors, officers, employees, financial advisors,
attorneys, accountants and consultants.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt -1in; text-indent: 1in"><SUP>1</SUP> Confirm full legal
name of Hertz Investment Group.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">The term &ldquo;Evaluation Material&rdquo;
does not include information that (i) &nbsp;is or becomes generally available to the public other than as a result of a disclosure
by the Receiving Party or its Representatives, (ii)&nbsp;the Receiving Party can show through written records was within the Receiving
Party&rsquo;s possession prior to its being furnished to it or is independently developed by the Receiving Party or its Representatives
without violation of this Agreement, or (iii)&nbsp;becomes available to the Receiving Party on a non-confidential basis from a
source other than the Disclosing Party or any of its Representatives; <U>provided</U>, that in the case of (ii) and (iii) above,
the source of such information was not known by the Receiving Party to be bound by a confidentiality agreement with or other contractual,
legal or fiduciary obligation of confidentiality to the Disclosing Party or any other party with respect to such information.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">Each of us (in our capacity as a Receiving
Party) hereby agrees that we and our respective Representatives will (a)&nbsp;use the Evaluation Material of the Disclosing Party
solely for the purpose of evaluating the Transaction and not for any other purpose, (b)&nbsp;keep the Evaluation Material of the
Disclosing Party confidential and (c)&nbsp;not disclose any of the Evaluation Material of the Disclosing Party in any manner and
to any party whatsoever without the prior written consent of the Disclosing Party; <U>provided</U>, <U>however</U>, that you or
we (in our capacities as Receiving Parties) may disclose any of such information of the Disclosing Party to our respective Representatives
(i)&nbsp;who need to know such information for the sole purpose of evaluating the Transaction, (ii)&nbsp;who are informed of the
confidential nature of such information and (iii)&nbsp;who are provided with a copy of this Agreement and agree to comply with
its terms to the same extent as if they were parties hereto. Each of us will be responsible for any noncompliance with the terms
of this Agreement by any of our own respective Representatives (regardless of the fact that such Representatives are not signatories
hereto) and each of us agrees to take all reasonable measures (including, but not limited to, court proceedings) to restrain our
respective Representatives from disclosure or improper use of the Evaluation Material of the other party. In addition, you agree
that, except with the express prior written consent of the Company, you will, and will cause your Representatives to, keep confidential
and not disclose in any manner or to any person whatsoever (including, without limitation, by issuing a press release, making a
public filing or otherwise making any statement to any person or assisting or encouraging any person with respect to any such issuance
or statement) (v) the existence, terms or conditions of this Agreement, (w) that the Evaluation Material exists or has been made
available to you, (x) the fact that discussions, investigations or negotiations may take place, are taking place or have taken
place concerning the Transaction or any other transaction involving the Company (including your potential participation in a Transaction
and the content of any discussions between us and you), (y) any of the terms, conditions or other facts relating to a Transaction
or any other transaction involving the Company (including the status thereof) or (z) the fact that you may have an interest in
any transaction involving the Company or have taken or may take action with respect to the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">In addition, you represent that neither you
nor any of your affiliates nor any of your or their Representatives have entered into, directly or indirectly, any agreements,
arrangements or understandings with any person with respect to a possible Transaction or that could otherwise affect such person&rsquo;s
decisions or actions with respect to a possible Transaction or that would violate the further provisions of this paragraph if entered
into after the date hereof. You agree that, without the prior written consent of the Company, neither you nor any of your Representatives
shall enter into, directly or indirectly, any agreements, arrangements or understandings (or any discussions or negotiations which
would be reasonably expected to lead to an arrangement, agreement or understanding) with any other person (other than [Hertz Investment
Group]) (i) regarding such person&rsquo;s potential direct or indirect participation in a Transaction as a principal participant,
equity co-investor or other source of equity financing for the Weisman Group (if the Weisman Group consummates the Transaction),
or (ii) which would limit, restrict, restrain, or otherwise impair in any material manner the ability of a third party to provide
debt financing to, or to arrange financing-related assistance for, other bidders participating in any process conducted by the
Company and any of its Representatives in respect of the Transaction. The term &ldquo;<B>person</B>&rdquo; as used in this Agreement
shall be broadly interpreted to include the media and any corporation, partnership, group, individual or other entity.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">For so long as discussions regarding a Transaction
are continuing between us, you also agree that neither you nor your Representatives will initiate or maintain contact with the
Company or its Representatives regarding the business, operations, prospects or finances of the Company, except with the express
prior written permission of the Company. The Company will arrange for appropriate contacts for due diligence purposes, to the extent
the Company determines to continue discussions with you. You and your Representatives will submit all: (i)&nbsp;communications
regarding a Transaction; (ii)&nbsp;requests for information; (iii)&nbsp;requests for facility tours or management meetings; (iv)&nbsp;questions
regarding procedures and (v) contacts or inquiries regarding the Company only to persons specifically designated by the Company
for that purpose.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">You also agree that for a period of twelve
months after the date hereof, you will not solicit for employment or directly or indirectly hire or employ any officer or employee
of the Company or any of its affiliates; <U>provided</U>, <U>however</U>, the foregoing provisions will not prevent you from employing
any such person who contacts you in response to general advertisements in periodicals including newspapers and trade publications
not specifically directed at any officer or employee of the Company or any of its affiliates.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">In the event that either of us or our respective
Representatives (in our capacity as a Receiving Party) are requested or required by applicable law, regulation, stock exchange
rule or regulation, subpoena or other legal proceedings or process (including, without limitation, any deposition, interrogatory
or civil or regulatory action or inquiry) to disclose any of the Evaluation Material of a Disclosing Party, the party being required
to disclose such information will promptly notify the applicable Disclosing Party in writing so that such Disclosing Party may
seek a protective order or other appropriate remedy, and shall use all commercially reasonable efforts to assist the Disclosing
Party in obtaining such protective order or other appropriate remedy. If a Receiving Party or any of its Representatives are, in
the reasonable opinion of such Receiving Party&rsquo;s counsel, legally required to disclose such Evaluation Material, the Receiving
Party or its Representatives may, without liability hereunder, disclose that portion of the Evaluation Material which its counsel
advises is legally required to be disclosed; <U>provided</U> that the Receiving Party exercises commercially reasonable efforts
to preserve the confidentiality of such Evaluation Material. In no event will any party hereto, or any of its Representatives,
oppose action by the other party to obtain a protective order or other relief to prevent the disclosure of the Evaluation Material
of the other party or to obtain reliable assurance that confidential treatment will be afforded the Evaluation Material of the
other party.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">If you determine not to continue discussions
regarding a Transaction, you will promptly notify Mr. Monty J. Bennett, the Chief Executive Officer of the Company, of that decision.
In that case, or at any time upon the request of the Company for any reason, you will either (i) promptly destroy all copies of
the Evaluation Material of or relating to the Company in your or your Representative&rsquo;s possession or (ii) promptly deliver
to the Company at your own expense all remaining copies of any such Evaluation Material in your and your Representative&rsquo;s
possession. At any time upon your request for any reason, the Company will either (a) promptly destroy all copies of the Evaluation
Material of or relating to Weisman Group in the possession of the Company or its Representatives or (b) promptly deliver to Weisman
Group at the Company&rsquo;s own expense all remaining copies of any such Evaluation Material in the possession of the Company
or its Representatives. In addition, each of us agrees promptly to certify to the other that each of us has complied with the obligations
required of us under this paragraph. Notwithstanding the return or destruction of such Evaluation Material, each of us and our
Representatives will continue to be bound by our respective obligations hereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">Each of us understands and acknowledges that
neither of us nor any of our Representatives makes any representation or warranty, express or implied, as to the accuracy or completeness
of any Evaluation Material disclosed to the other party. Each of us agrees that neither of us nor any of our Representatives shall
have any liability to the other party or its Representatives relating to or resulting from the use of the Evaluation Material of
the other party or any errors therein or omissions therefrom. Only those representations or warranties that may be made in the
final, definitive documentation (the &ldquo;<B>Final Transaction Documents</B>&rdquo;) regarding the Transaction, when, as and
if executed and delivered by the parties, and subject to such limitations and restrictions as may be specified therein, will have
any legal effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">Each party understands and agrees that no
contract or agreement providing for any transaction between them shall be deemed to exist between them unless and until the Final
Transaction Documents have been executed and delivered. Each party also agrees that unless and until the Final Transaction Documents
have been executed and delivered, neither party will be under any legal obligation of any kind whatsoever with respect to such
Transaction by virtue of this Agreement. In addition, you acknowledge that the execution and delivery of this Agreement does not
in any way signify that the Company is for sale or that any decision has been made to sell the Company, all of which is expressly
disclaimed.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">The Company reserves the right at any time,
in its sole discretion, for any reason or no reason, to reject any and all proposals that may be made by you or any of your Representatives,
to terminate discussions and negotiations with you, and to refuse to provide any further access to any Evaluation Materials, all
without any liability or continuing obligations to you or any of your Representatives. The Company further reserves the right at
any time, in its sole discretion, for any reason or no reason, to conduct, directly or through any of its Representatives, any
process for any transaction involving the Company, if and as they in their sole discretion shall determine (including, without
limitation, negotiating with any other interested parties and entering into a definitive agreement without prior notice to you
or any other person), all without any liability or continuing obligations to you or any of your Representatives. You reserve the
right at any time, in your sole discretion, for any reason or no reason, to reject any and all proposals that may be made by the
Company or any of its Representatives, to terminate discussions and negotiations with the Company or any of its Representatives,
and to refuse to provide any further access to any Evaluation Materials, all without any liability or continuing obligations to
the Company or any of its Representatives.</P>


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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">For a period of two years after the date of
this Agreement, with respect to the Company, unless (i)&nbsp;you shall have been specifically invited in writing by the Company,
(ii) the Company has publicly announced that it, or a significant portion of its business or operations, is for sale, or (iii)
a tender offer or exchange offer is commenced by a third person or &ldquo;group&rdquo; (for purposes of this Agreement, &ldquo;<B>group</B>&rdquo;
shall have the meaning set forth in Section 13(d)(3) of the Securities Exchange Act of 1934, as amended (the &ldquo;<B>Exchange
Act</B>&rdquo;)) (which does not involve any noncompliance by the Weisman Group of any provisions of this paragraph) which, if
consummated, would make such person or group the Beneficial Owner (as defined below) of a majority of the total combined voting
power entitled to vote in the election of directors of the Company and the Company&rsquo;s board of directors either accepts such
offer or fails to recommend that its stockholders reject such offer within ten business days of the commencement of the offer,
neither the Weisman Group nor any of its Representatives will in any manner, directly or indirectly, (a)&nbsp;effect or seek, offer
or propose (whether publicly or otherwise) to effect (including, without limitation, by entering into any discussions, negotiations,
agreements or understandings with any third person), or announce any intention to effect or cause or participate in or in any way
assist or encourage any other person to effect or seek, offer or propose (whether publicly or otherwise) to effect or participate
in, (i)&nbsp;any acquisition, directly or indirectly, of ownership (including Beneficial Ownership) of any securities (including
any derivative interest therein) or assets of the Company or any of its affiliates; (ii)&nbsp;any tender or exchange offer, merger
or other business combination involving the Company or any of its affiliates; (iii)&nbsp;any recapitalization, restructuring, liquidation,
dissolution or other extraordinary transaction with respect to the Company or any of its affiliates; or (iv)&nbsp;any &ldquo;solicitation&rdquo;
of &ldquo;proxies&rdquo; (as such terms are used in the proxy rules of the Securities and Exchange Commission or under applicable
state law) or consents to vote, or seek to advise or influence any person with respect to the voting of, any securities of the
Company or any of its affiliates; (b)&nbsp;form, join or in any way participate in a group in connection with any of the foregoing
or seek to advise or influence any person with respect to the voting of any securities of the Company or otherwise act in concert
with any person in respect of any such securities; (c)&nbsp;otherwise act, alone or in concert with others, to seek to control
or influence the management, Board of Directors or policies of the Company or any of its affiliates; (d)&nbsp;take any action which
might force the Company or any of its affiliates to make a public announcement regarding any of the foregoing types of matters;
(e) disclose any intention, plan or arrangement inconsistent with the foregoing or enter into any discussions or arrangements with
any third party with respect to any of the foregoing; or (f) advise, assist or encourage any other persons in connection with any
of the foregoing. For purposes of this Agreement, &ldquo;<B>Beneficially Owned</B>&rdquo; or &ldquo;<B>Beneficial Ownership</B>&rdquo;
with respect to any subject security means having &ldquo;beneficial ownership&rdquo; of such subject security, as determined in
accordance with Rule 13d-3 under the Exchange Act (but disregarding the phrase &ldquo;within sixty days&rdquo; in paragraph (d)(1)(i)
thereof), including, without limitation, pursuant to any contract, arrangement or understanding (whether or not in writing), any
relationship or otherwise. Without duplicative counting of the same securities by the same person, securities Beneficially Owned
by a person shall include all securities Beneficially Owned, directly or indirectly, by such person, any of such person&rsquo;s
affiliates and any other person with which or whom such person or such person&rsquo;s affiliates would constitute a group. A &ldquo;<B>Beneficial
Owner</B>&rdquo; of a security is a person who has Beneficial Ownership of such security.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">Each of us acknowledges to the other that
money damages would not be a sufficient remedy for any breach of this Agreement by either of us or any of our Representatives and
each of us consents to a court of competent jurisdiction entering an order finding that the non-breaching party has been irreparably
harmed as a result of any such breach and to the granting of injunctive relief without any requirement to post a bond or proof
of actual damages as a remedy for any such breach. Each of us further agrees not to raise as a defense or objection to the request
or granting of such relief that any breach of this Agreement is or would be compensable by an award of money damages. Such remedies
shall not be deemed to be the exclusive remedies for a breach by either of us of this Agreement but shall be in addition to all
other remedies available at law or equity to either of us. In the event of litigation relating to this Agreement, if a court of
competent jurisdiction determines in a final order that either of us or any of our Representatives have breached this Agreement,
the breaching party will reimburse a non-breaching party for the reasonable legal fees and expenses incurred by the non-breaching
party in connection with enforcing its own rights hereunder, including any appeal therefrom.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">No provision in this Agreement can be waived
or amended except by the mutual written consent of the Company and of Weisman Group, which consent shall explicitly make such waiver
or amendment. Any attempted waiver or modification in violation of this provision shall be void.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">No failure or delay by either of us in exercising
any right, power or privilege hereunder shall operate as a waiver thereof, nor shall any single or partial exercise thereof preclude
any other or future exercise thereof or the exercise of any other right, power or privilege hereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">This Agreement and all disputes or controversies
arising out of or related to this Agreement shall be governed by and construed in accordance with the internal laws of the State
of Texas, without reference to its conflicts of law principles.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">Each of us hereby irrevocably and unconditionally
consents to submit to the exclusive jurisdiction of the United States District Court for the Northern District of Texas for any
actions, suits or proceedings arising out of or relating to this Agreement or, if any such action, suit or proceeding cannot be
brought in such court for jurisdictional reasons, of any other state or federal court within the State of Texas, and agrees (i)
not to commence any action, suit or proceeding relating thereto except in such courts, (ii) to waive any defenses as to personal
jurisdiction of such courts and (iii) that service of any process, summons, notice or document by U.S. registered mail to your
address set forth above shall be effective service of process for any such action, suit or proceeding brought in any such court,
<U>provided</U>, that nothing herein shall affect the right to effect service of process in any other manner permitted by law.
Each of us hereby irrevocably and unconditionally waives any objection to the laying of venue of any action, suit or proceeding
arising out of this Agreement in the United States District Court for the Northern District of Texas or, if any such action, suit
or proceeding cannot be brought in such court for jurisdictional reasons, of any other state or federal court within the State
of Texas, and hereby further irrevocably and unconditionally waives and agrees not to plead or claim in any such court that any
such action, suit or proceeding brought in any such court has been brought in an inconvenient forum.</P>


<!-- Field: Page; Sequence: 28; Value: 2 -->
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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">You hereby acknowledge that you are aware,
and that you will advise your Representatives who are informed as to the matters which are the subject of this Agreement, that
the United States securities laws prohibit any person who has received from an issuer material, non-public information concerning
the matters which are the subject of this Agreement from purchasing or selling securities of such issuer or from communicating
such information to any other person under circumstances in which it is reasonably foreseeable that such person is likely to purchase
or sell such securities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">The provisions of this Agreement shall be
severable in the event that any of the provisions hereof are held by a court of competent jurisdiction to be invalid, void or otherwise
unenforceable, and the remaining provisions shall remain enforceable to the fullest extent permitted by law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">This Agreement may be executed by original,
PDF or facsimile signature and in any number of counterparts. Each of such counterparts shall for all purposes be deemed original,
and all such counterparts shall together constitute one and the same instrument.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">This Agreement and the rights and obligations
herein may not be assigned or otherwise transferred, in whole or in part, by either party without the express written consent of
the other party; <U>provided</U>, <U>however</U>, that the Company may assign or otherwise transfer the Company&rsquo;s rights
hereunder to any legal successor to or acquirer of the Company without your consent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[signature page follows]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>


<!-- Field: Page; Sequence: 29; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">Please confirm your agreement
with the foregoing by signing and returning one copy of this Agreement to the undersigned, whereupon this Agreement shall become
a binding agreement between the parties.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3.5in; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Very truly yours,</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">ASHFORD INC.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="width: 7%">&nbsp;</TD>
    <TD STYLE="width: 38%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-decoration: none"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">By:<U> </U></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Name:</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Monty J. Bennett</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Title: </FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Chief Executive Officer</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3.5in; text-indent: -0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Accepted and agreed as of the<BR>
&nbsp;&nbsp;date first written above:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">WEISMAN GROUP, LLC</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(on behalf of itself and its applicable Representatives)</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 5%"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 7%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 38%">&nbsp;</TD>
    <TD STYLE="width: 50%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Name:</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Lyle Weisman</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Title:</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Manager</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">[HERTZ INVESTMENT GROUP]</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(on behalf of itself and its applicable Representatives)</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">By:</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Name:</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Title:</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-indent: -0.25in">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-decoration: line-through; text-align: right; color: Blue"><STRIKE>CW&amp;T
Comments 7-5-16</STRIKE></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-decoration: line-through; text-align: right; color: Blue"><STRIKE>Attorney
Work Product</STRIKE></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-decoration: line-through; text-align: right; color: Blue"><STRIKE>Privileged
and Confidential</STRIKE></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: Blue">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0">EXHIBIT B</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0">AHP NDA</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Weisman Group Redline</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>



<P STYLE="margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase">Ashford
Hospitality Prime, Inc.</FONT><BR>
14185 Dallas Parkway, Suite 1100<BR>
Dallas, Texas 75254<BR>
July [<FONT STYLE="font: 10pt Symbol">&middot;</FONT><FONT STYLE="font: 10pt Times New Roman, Times, Serif">]</FONT>, 2016</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">Weisman Group, LLC<BR>
14001 Ventura Boulevard<BR>
Sherman Oaks, California 91423<BR>
Attention: Lyle Weisman</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="color: Blue"><STRIKE>[</STRIKE></FONT>Hertz Investment
Group<FONT STYLE="color: Blue">, LLC<STRIKE>]</STRIKE></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: Blue"><U>1522 2nd Street</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="color: Blue"><U>Santa Monica, California 90401</U></FONT><BR>
Attention: Judah Hertz</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 63pt; text-align: justify; text-indent: -27pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 36pt"></TD><TD STYLE="width: 27pt">Re:</TD><TD STYLE="text-align: justify">Confidentiality and Non-Disclosure Agreement (this &ldquo;<B>Agreement</B>&rdquo;)</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Gentlemen:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">In connection with the consideration by
each party (as defined below) hereto of a possible negotiated transaction with the other party hereto (the
&ldquo;<B>Transaction</B>&rdquo;), each party is prepared to make available to the other party certain information concerning
its company, business, financial condition, operations, assets, liabilities and affairs. Each party acknowledges that such
information may include nonpublic information, trade secrets or other business information of a party (the
&ldquo;<B>Disclosing Party</B>&rdquo;), the disclosure of which by the other party (the &ldquo;<B>Receiving Party</B>&rdquo;)
could harm the Disclosing Party. For avoidance of doubt, (i) references to &ldquo;<B>you</B>,&rdquo;
&ldquo;<B>your</B>&rdquo; and the &ldquo;<B>Weisman Group</B>&rdquo; in this Agreement refer to Weisman Group, LLC, <FONT STYLE="color: Blue"><STRIKE>[</STRIKE></FONT>Hertz
Investment Group<FONT STYLE="color: Blue">,<STRIKE>]<SUP>1 </SUP></STRIKE><U>LLC</U></FONT> and their respective subsidiaries
and affiliates, collectively, and (ii) references to the &ldquo;<B>Company</B>&rdquo; are to Ashford Hospitality Prime, Inc.
Weisman Group and the Company are hereinafter sometimes referred to each individually as a &ldquo;<B>party</B>&rdquo; and
together as the &ldquo;<B>parties</B>.&rdquo; In consideration for, and as a condition of such information being furnished by
each Disclosing Party to the Receiving Party hereunder, each Receiving Party and its Representatives (as defined below)
agrees to treat any information concerning the Disclosing Party that is or has been furnished to the Receiving Party or to
the Receiving Party&rsquo;s Representatives (regardless of the manner or form in which it is furnished, including without
limitation all written, oral and electronic communications), together with any notes, analyses, compilations,
studies, interpretations, documents or records containing, referring, relating to, based upon or derived from such
information, in whole or in part (collectively, the &ldquo;<B>Evaluation Material</B>&rdquo;) as confidential and in
accordance with the provisions of this Agreement, and to take or abstain from taking certain other actions hereinafter set
forth. For purposes of this agreement, the term &ldquo;<B>Representatives</B>&rdquo; shall mean, collectively, (a) with
respect to the Weisman Group, its directors, officers, employees, financing sources, agents, financial advisors, attorneys,
accountants, consultants and any representatives of the foregoing and (b) with respect to the Company, its directors,
officers, employees, financial advisors, attorneys, accountants and consultants.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="color: Blue"><STRIKE><SUP>1
</SUP>Confirm full legal name of Hertz Investment Group.</STRIKE></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">The term &ldquo;Evaluation Material&rdquo;
does not include information that (i) &nbsp;is or becomes generally available to the public other than as a result of a disclosure
by the Receiving Party or its Representatives, (ii)&nbsp;the Receiving Party can show through written records was within the Receiving
Party&rsquo;s possession prior to its being furnished to it or is independently developed by the Receiving Party or its Representatives
without violation of this Agreement, or (iii)&nbsp;becomes available to the Receiving Party on a non-confidential basis from a
source other than the Disclosing Party or any of its Representatives; <U>provided</U>, that in the case of (ii) and (iii) above,
the source of such information was not known by the Receiving Party to be bound by a confidentiality agreement with or other contractual,
legal or fiduciary obligation of confidentiality to the Disclosing Party or any other party with respect to such information.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">Each of us (in our capacity as a Receiving
Party) hereby agrees that we and our respective Representatives will (a)&nbsp;use the Evaluation Material of the Disclosing Party
solely for the purpose of evaluating the Transaction and not for any other purpose, (b)&nbsp;keep the Evaluation Material of the
Disclosing Party confidential and (c)&nbsp;not disclose any of the Evaluation Material of the Disclosing Party in any manner and
to any party whatsoever without the prior written consent of the Disclosing Party; <U>provided</U>, <U>however</U>, that you or
we (in our capacities as Receiving Parties) may disclose any of such information of the Disclosing Party to our respective Representatives
(i)&nbsp;who need to know such information for the sole purpose of evaluating the Transaction, (ii)&nbsp;who are informed of the
confidential nature of such information and (iii)&nbsp;who are provided with a copy of this Agreement and agree to comply with
its terms to the same extent as if they were parties hereto. Each of us will be responsible for any material noncompliance with
the terms of this Agreement by any of our own respective Representatives (regardless of the fact that such Representatives are
not signatories hereto) and each of us agrees to take all reasonable measures (including, but not limited to, court proceedings)
to restrain our respective Representatives from disclosure or improper use of the Evaluation Material of the other party. <FONT STYLE="color: Blue"><STRIKE>In
addition, you agree that, except with the express prior written consent of the Company, you will, and will cause your Representatives
to, keep confidential and not disclose in any manner or to any person whatsoever (including, without limitation, by issuing a
press release, making a public filing or otherwise making any statement to any person or assisting or encouraging any person with
respect to any such issuance or statement) (v) the existence, terms or conditions of this Agreement, (w) that the Evaluation Material
exists or has been made available to you, (x) the fact that discussions, investigations or negotiations may take place, are taking
place or have taken place concerning the Transaction or any other transaction involving the Company (including your potential
participation in a Transaction and the content of any discussions between us and you), (y) any of the terms, conditions or other
facts relating to a Transaction or any other transaction involving the Company (including the status thereof) or (z) the fact
that you may have an interest in any transaction involving the Company or have taken or may take action with respect to the Company.</STRIKE></FONT></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="color: Blue"><STRIKE>In addition,
you represent that neither you nor any of your affiliates nor any of your or their Representatives have entered into, directly
or indirectly, any agreements, arrangements or understandings with any person with respect to a possible Transaction or that could
otherwise affect such person&rsquo;s decisions or actions with respect to a possible Transaction or that would violate the further
provisions of this paragraph if entered into after the date hereof. Youpaid or is then payable to its lender for due diligence expense undertaken by the lender in support of securing
financing for a Transaction.</STRIKE> you <STRIKE>agree that, without the prior written
consent of the Company, neither you nor any of your Representatives shall enter into, directly or indirectly, any agreements,
arrangements or understandings (or any discussions or negotiations which would be reasonably expected to lead to an arrangement,
agreement or understanding) with any other person (other than [Hertz Investment Group]) LLC) (i) regarding such person&rsquo;s
potential direct or indirect participation in a Transaction as a principal participant, equity co-investor or other source of
equity financing for the Weisman Group (if the Weisman Group consummates the Transaction), or (ii) which would limit, restrict,
restrain, or otherwise impair in any material manner the ability of a third party to provide debt financing to, or to arrange
financing-related assistance for, other bidders participating in any process conducted by the Company and any of its Representatives
in respect of the Transaction.</STRIKE></FONT> The term &ldquo;<B>person</B>&rdquo; as used in this Agreement shall be broadly
interpreted to include the media and any corporation, partnership, group, individual or other entity.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="color: Blue"><STRIKE>For so long as discussions
regarding a Transaction are continuing between us, you also agree that neither you nor your Representatives will initiate or maintain
contact with the Company or its Representatives regarding the business, operations, prospects or finances of the Company, except
with the express prior written permission of the Company.</STRIKE></FONT> The Company<FONT STYLE="color: Blue"><U>, promptly following
execution of this letter by the Weisman Group, the Hertz Investment Group LLC and the Company,</U></FONT> will arrange for appropriate
contacts for due diligence purposes, to the extent the Company determines to continue discussions with you. <FONT STYLE="color: Blue"><STRIKE>You
and your Representatives will submit all: (i) communications regarding a Transaction; (ii) requests for information; (iii) requests
for facility tours or management meetings; (iv) questions regarding procedures and (v) contacts or inquiries regarding the Company
only to persons specifically designated by the Company for that purpose.</STRIKE></FONT></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">You also agree that for a period of twelve
months after the date hereof, you will not solicit for employment or directly or indirectly hire or employ any officer or employee
of the Company or any of its affiliates; <U>provided</U>, <U>however</U>, the foregoing provisions will not prevent you from employing
any such person who contacts you in response to general advertisements in periodicals including newspapers and trade publications
not specifically directed at any officer or employee of the Company or any of its affiliates.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">In the event that either of us or our respective
Representatives (in our capacity as a Receiving Party) are requested or required by applicable law, regulation, stock exchange
rule or regulation, subpoena or other legal proceedings or process (including, without limitation, any deposition, interrogatory
or civil or regulatory action or inquiry) to disclose any of the Evaluation Material of a Disclosing Party, the party being required
to disclose such information will promptly notify the applicable Disclosing Party in writing so that such Disclosing Party may
seek a protective order or other appropriate remedy, and shall use all commercially reasonable efforts to assist the Disclosing
Party in obtaining such protective order or other appropriate remedy. If a Receiving Party or any of its Representatives are, in
the reasonable opinion of such Receiving Party&rsquo;s counsel, legally required to disclose such Evaluation Material, the Receiving
Party or its Representatives may, without liability hereunder, disclose that portion of the Evaluation Material which its counsel
advises is legally required to be disclosed; <U>provided</U> that the Receiving Party exercises commercially reasonable efforts
to preserve the confidentiality of such Evaluation Material. In no event will any party hereto, or any of its Representatives,
oppose action by the other party to obtain a protective order or other relief to prevent the disclosure of the Evaluation Material
of the other party or to obtain reliable assurance that confidential treatment will be afforded the Evaluation Material of the
other party.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">If you determine not to continue discussions
regarding a Transaction, you will promptly notify Mr. Monty J. Bennett, the Chief Executive Officer of the Company, of that decision.
In that case, or at any time upon the request of the Company for any reason, you will either (i) promptly destroy all copies of
the Evaluation Material of or relating to the Company in your or your Representative&rsquo;s possession or (ii) promptly deliver
to the Company at your own expense all remaining copies of any such Evaluation Material in your and your Representative&rsquo;s
possession. At any time upon your request for any reason, the Company will either (a) promptly destroy all copies of the Evaluation
Material of or relating to Weisman Group in the possession of the Company or its Representatives or (b) promptly deliver to Weisman
Group at the Company&rsquo;s own expense all remaining copies of any such Evaluation Material in the possession of the Company
or its Representatives. In addition, each of us agrees promptly to certify to the other that each of us has complied with the obligations
required of us under this paragraph. Notwithstanding the return or destruction of such Evaluation Material, each of us and our
Representatives will continue to be bound by our respective obligations hereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">Each of us understands and acknowledges that
neither of us nor any of our Representatives makes any representation or warranty, express or implied, as to the accuracy or completeness
of any Evaluation Material disclosed to the other party. Each of us agrees that neither of us nor any of our Representatives shall
have any liability to the other party or its Representatives relating to or resulting from the use of the Evaluation Material of
the other party or any errors therein or omissions therefrom. Only those representations or warranties that may be made in the
final, definitive documentation (the &ldquo;<B>Final Transaction Documents</B>&rdquo;) regarding the Transaction, when, as and
if executed and delivered by the parties, and subject to such limitations and restrictions as may be specified therein, will have
any legal effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">Each party understands and agrees that no
contract or agreement providing for any transaction between them shall be deemed to exist between them unless and until the Final
Transaction Documents have been executed and delivered. Each party also agrees that unless and until the Final Transaction Documents
have been executed and delivered, neither party<FONT STYLE="color: Blue"><U>, other than as herein explicitly set forth,</U></FONT>
will be under any legal obligation of any kind whatsoever with respect to such Transaction by virtue of this Agreement. In addition,
you acknowledge that the execution and delivery of this Agreement does not in any way signify that the Company is for sale or
that any decision has been made to sell the Company, all of which is expressly disclaimed.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">The Company reserves the right at any time,
in its sole discretion, for any reason or no reason, to reject any and all proposals that may be made by you or any of your Representatives,
to terminate discussions and negotiations with you, and to refuse to provide any further access to any Evaluation Materials, all
without any liability or continuing obligations to you or any of your Representatives. The Company further reserves the right
at any time, in its sole discretion, for any reason or no reason, to conduct, directly or through any of its Representatives,
any process for any transaction involving the Company, if and as they in their sole discretion shall determine (including, without
limitation, negotiating with any other interested parties and entering into a definitive agreement without prior notice to you
or any other person), all without any liability or continuing obligations to you or any of your Representatives. You reserve the
right at any time, in your sole discretion, for any reason or no reason, to reject any and all proposals that may be made by the
Company or any of its Representatives, to terminate discussions and negotiations with the Company or any of its Representatives,
and to refuse to provide any further access to any Evaluation Materials, all without any liability or continuing obligations to
the Company or any of its Representatives<FONT STYLE="color: Blue"><U>, provided that in such event Weisman Group shall be reimbursed
for any actual costs that Weisman Group has incurred and paid or is then payable to its lender for due diligence expense undertaken
by the lender in support of securing financing for a Transaction.</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">For a period of <FONT STYLE="color: Blue"><STRIKE>two
years</STRIKE><U>eight months</U></FONT> after the date of this Agreement <FONT STYLE="color: Blue"><U>or the date after which
the Company has filed its annual report on Form 10-K for the fiscal year ended December 31, 2016, whichever is earlier</U></FONT>,
with respect to the Company, unless (i) you shall have been specifically invited in writing by the Company, (ii) the Company has
publicly announced <FONT STYLE="color: Blue"><U>that a definitive agreement for the sale of the Company has been executed or</U></FONT>
that <FONT STYLE="color: Blue"><STRIKE>it</STRIKE><U>the Company</U></FONT>, or a significant portion of its business or operations,
is for sale , or (iii) a tender offer or exchange offer is commenced by a third person or &ldquo;group&rdquo; (for purposes of
this Agreement, &ldquo;<B>group</B>&rdquo; shall have the meaning set forth in Section 13(d)(3) of the Securities Exchange Act
of 1934, as amended (the &ldquo;<B>Exchange Act</B>&rdquo;)) (which does not involve any noncompliance by the Weisman Group of
any provisions of this paragraph) which, if consummated, would make such person or group the Beneficial Owner (as defined below)
of a majority of the total combined voting power entitled to vote in the election of directors of the Company and the Company&rsquo;s
board of directors either accepts such offer or fails to recommend that its stockholders reject such offer within ten business
days of the commencement of the offer, neither the Weisman Group nor any of its Representatives will in any manner, directly or
indirectly, (a)&nbsp;effect or seek, offer or propose (whether publicly or otherwise) to effect (including, without limitation,
by entering into any discussions, negotiations, agreements or understandings with any third person), or announce any intention
to effect or cause or participate in or in any way assist or encourage any other person to effect or seek, offer or propose (whether
publicly or otherwise) to effect or participate in, (i)&nbsp;any acquisition, directly or indirectly, of ownership (including
Beneficial Ownership) of any securities (including any derivative interest therein) or assets of the Company <FONT STYLE="color: Blue"><U>(other
than hotels or other interests in real property that the Company has or may have for sale as to which the restrictions in this
Agreement shall not apply)</U></FONT> or any of its affiliates; (ii)&nbsp;any tender or exchange offer, merger or other business
combination involving the Company or any of its affiliates; (iii)&nbsp;any recapitalization, restructuring, liquidation, dissolution
or other extraordinary transaction with respect to the Company or any of its affiliates; or (iv)&nbsp;any &ldquo;solicitation&rdquo;
of &ldquo;proxies&rdquo; (as such terms are used in the proxy rules of the Securities and Exchange Commission or under applicable
state law) or consents to vote, or seek to advise or influence any person with respect to the voting of, any securities of the
Company or any of its affiliates; (b)&nbsp;form, join or in any way participate in a group in connection with any of the foregoing
or seek to advise or influence any person with respect to the voting of any securities of the Company or otherwise act in concert
with any person in respect of any such securities; (c)&nbsp;otherwise act, alone or in concert with others, to seek to control
or influence the management, Board of Directors or policies of the Company or any of its affiliates; (d)&nbsp;take any action
which might force the Company or any of its affiliates to make a public announcement regarding any of the foregoing types of matters;
(e) disclose any intention, plan or arrangement inconsistent with the foregoing or enter into any discussions or arrangements
with any third party with respect to any of the foregoing; or (f) advise, assist or encourage any other persons in connection
with any of the foregoing. For purposes of this Agreement, &ldquo;<B>Beneficially Owned</B>&rdquo; or &ldquo;<B>Beneficial Ownership</B>&rdquo;
with respect to any subject security means having &ldquo;beneficial ownership&rdquo; of such subject security, as determined in
accordance with Rule 13d-3 under the Exchange Act (but disregarding the phrase &ldquo;within sixty days&rdquo; in paragraph (d)(1)(i)
thereof), including, without limitation, pursuant to any contract, arrangement or understanding (whether or not in writing), any
relationship or otherwise. Without duplicative counting of the same securities by the same person, securities Beneficially Owned
by a person shall include all securities Beneficially Owned, directly or indirectly, by such person, any of such person&rsquo;s
affiliates and any other person with which or whom such person or such person&rsquo;s affiliates would constitute a group. A &ldquo;<B>Beneficial
Owner</B>&rdquo; of a security is a person who has Beneficial Ownership of such security.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">Each of us acknowledges to the other that
money damages would not be a sufficient remedy for any breach of this Agreement by either of us or any of our Representatives and
each of us consents to a court of competent jurisdiction entering an order finding that the non-breaching party has been irreparably
harmed as a result of any such breach and to the granting of injunctive relief without any requirement to post a bond or proof
of actual damages as a remedy for any such breach. Each of us further agrees not to raise as a defense or objection to the request
or granting of such relief that any breach of this Agreement is or would be compensable by an award of money damages. Such remedies
shall not be deemed to be the exclusive remedies for a breach by either of us of this Agreement but shall be in addition to all
other remedies available at law or equity to either of us. In the event of litigation relating to this Agreement, if a court of
competent jurisdiction determines in a final order that either of us or any of our Representatives have breached this Agreement,
the breaching party will reimburse a non-breaching party for the reasonable legal fees and expenses incurred by the non-breaching
party in connection with enforcing its own rights hereunder, including any appeal therefrom.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">No provision in this Agreement can be waived
or amended except by the mutual written consent of the Company and of Weisman Group, which consent shall explicitly make such waiver
or amendment. Any attempted waiver or modification in violation of this provision shall be void.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">No failure or delay by either of us in exercising
any right, power or privilege hereunder shall operate as a waiver thereof, nor shall any single or partial exercise thereof preclude
any other or future exercise thereof or the exercise of any other right, power or privilege hereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">This Agreement and all disputes or controversies
arising out of or related to this Agreement shall be governed by and construed in accordance with the internal laws of the State
of Texas, without reference to its conflicts of law principles.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">Each of us hereby irrevocably and unconditionally
consents to submit to the exclusive jurisdiction of the United States District Court for the Northern District of Texas for any
actions, suits or proceedings arising out of or relating to this Agreement or, if any such action, suit or proceeding cannot be
brought in such court for jurisdictional reasons, of any other state or federal court within the State of Texas, and agrees (i)
not to commence any action, suit or proceeding relating thereto except in such courts, (ii) to waive any defenses as to personal
jurisdiction of such courts and (iii) that service of any process, summons, notice or document by U.S. registered mail to your
address set forth above shall be effective service of process for any such action, suit or proceeding brought in any such court,
<U>provided</U>, that nothing herein shall affect the right to effect service of process in any other manner permitted by law.
Each of us hereby irrevocably and unconditionally waives any objection to the laying of venue of any action, suit or proceeding
arising out of this Agreement in the United States District Court for the Northern District of Texas or, if any such action, suit
or proceeding cannot be brought in such court for jurisdictional reasons, of any other state or federal court within the State
of Texas, and hereby further irrevocably and unconditionally waives and agrees not to plead or claim in any such court that any
such action, suit or proceeding brought in any such court has been brought in an inconvenient forum.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">You hereby acknowledge that you are aware,
and that you will advise your Representatives who are informed as to the matters which are the subject of this Agreement, that
the United States securities laws prohibit any person who has received from an issuer material, non-public information concerning
the matters which are the subject of this Agreement from purchasing or selling securities of such issuer or from communicating
such information to any other person under circumstances in which it is reasonably foreseeable that such person is likely to purchase
or sell such securities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">The provisions of this Agreement shall be
severable in the event that any of the provisions hereof are held by a court of competent jurisdiction to be invalid, void or otherwise
unenforceable, and the remaining provisions shall remain enforceable to the fullest extent permitted by law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">This Agreement may be executed by original,
PDF or facsimile signature and in any number of counterparts. Each of such counterparts shall for all purposes be deemed original,
and all such counterparts shall together constitute one and the same instrument.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">This Agreement and the rights and obligations
herein may not be assigned or otherwise transferred, in whole or in part, by either party without the express written consent of
the other party; <U>provided</U>, <U>however</U>, that the Company may assign or otherwise transfer the Company&rsquo;s rights
hereunder to any legal successor to or acquirer of the Company without your consent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[signature page follows]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">Please confirm your agreement
with the foregoing by signing and returning one copy of this Agreement to the undersigned, whereupon this Agreement shall become
a binding agreement between the parties.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3.5in; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="text-indent: 0in">Very truly yours,</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="text-indent: 0in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">ASHFORD HOSPITALITY PRIME, INC.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-decoration: none">By:<U> </U></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Name:</TD>
    <TD>Monty J. Bennett</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="width: 7%">Title:</TD>
    <TD STYLE="width: 38%">Chief Executive Officer</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3.5in; text-indent: -0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Accepted and agreed as of the<BR>
&nbsp;&nbsp;date first written above:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="text-indent: 0in">WEISMAN GROUP, LLC</TD>
    <TD STYLE="text-indent: 0in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="text-indent: 0in">(on behalf of itself and its applicable Representatives)</TD>
    <TD STYLE="text-indent: 0in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-indent: 0in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-indent: 0in">By:</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-indent: 0in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-indent: 0in">Name:</TD>
    <TD STYLE="text-indent: 0in">Lyle Weisman</TD>
    <TD STYLE="text-indent: 0in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-indent: 0in; width: 5%">&nbsp;</TD>
    <TD STYLE="text-indent: 0in; width: 7%">Title:</TD>
    <TD STYLE="text-indent: 0in; width: 38%">Manager</TD>
    <TD STYLE="text-indent: 0in; width: 50%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-indent: 0in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="text-indent: 0in"><FONT STYLE="color: Blue"><STRIKE>[</STRIKE></FONT>HERTZ INVESTMENT GROUP<FONT STYLE="color: Blue"><STRIKE>]
    </STRIKE><U>LLC</U></FONT></TD>
    <TD STYLE="text-indent: 0in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="text-indent: 0in">(on behalf of itself and its applicable Representatives)</TD>
    <TD STYLE="text-indent: 0in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-indent: 0in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-indent: 0in">By:</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-indent: 0in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-indent: 0in">Name:</TD>
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-indent: 0in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-indent: 0in">Title:</TD>
    <TD STYLE="text-indent: 0in">&nbsp;</TD>
    <TD STYLE="text-indent: 0in">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-indent: -0.25in">&nbsp;</P>


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