Effective November 26, 2007, the board of directors of TravelCenters of America LLC, or TravelCenters, appointed Andrew J. Rebholz   (age 42) as Chief Financial Officer, Treasurer and an Executive Vice President of TravelCenters.  As a result of this appointment and effective November 26, 2007, John R. Hoadley is no longer Chief Financial Officer and Treasurer of TravelCenters, but will continue to serve as Executive Vice President of TravelCenters.<br /><br />Mr. Rebholz has served as Senior Vice President and Controller of TravelCenters since January 31, 2007.  Prior to that time, he served as Vice President and Controller of TravelCenters ’ predecessor, TravelCenters of America, Inc., or TCA, beginning in July 2002.<br /><br />As described with respect to other executive officers of TravelCenters under the heading “Other Transaction Benefits” in Item 11 (Executive Compensation) of TravelCenters’ Annual Report on Form 10-K for the year ended December 31, 2006, or the 2006 10-K, Mr. Rebholz held equity shares and share options of TCA prior to the acquisition of TCA by our former parent company, Hospitality Properties Trust.  Mr. Rebholz received from TCA $360,436 on account of his TCA shares, $1,676,835 on account of his TCA options, TCA forgave his obligations under a note payable ($48,423 including interest) and Mr. Rebholz received from TCA a transaction bonus of $345,000.  Mr. Rebholz participates in an executive retention plan described under the heading “Executive Retention Plan” in Item 11 (Executive Compensation) of the 2006 10-K under which he is due payments of $145,000 and $200,000 on Decembe r 31, 2007 and January 31, 2009, respectively, if he is still employed by TravelCenters at such dates.<br /><br />Mr. Rebholz’ base salary was set at $275,000 per annum in connection with his appointment.   Eighty percent of Mr. Rebholz’ base salary ($220,000 per annum) and other cash compensation will be paid by TravelCenters and the remainder will be paid by Reit Management & Research LLC, or Reit Management, with whom we contract for management and shared services. Mr. Rebholz has been appointed an officer of Reit Management .  As described under the heading “Compensation Committee Report - Compensation Discussion and Analysis – Annual Bonus” in Item 11 (Executive Compensation) of the 2006 10-K, each of TravelCenters’ executives is eligible to receive an annual performance based cash bonus and equity awards under TravelCenters’ equity compensation plan.  Mr. Rebholz received a cash bonus for 2007 of $125,0 00 and, on November 26, 2007, he was granted 5,000 restricted common shares (valued at $74,950 based upon the closing price on the date of grant) which vest over a four year period.