Agreement dated November 25, 2024, to renew Amended and Restated Advisory Agreement dated as of December 24, 1986, effective January 1, 2025, between Universal Health Realty Income Trust and UHS of Delaware, Inc. is

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EX-10.11 2 uht-ex10_11.htm EX-10.11 EX-10.11

Exhibit 10.11

 

 

 

November 25, 2024

 

Steve Filton

Executive Vice President & CFO

UHS of Delaware, Inc.

367 South Gulph Road

King of Prussia, PA 19406

 

 

Dear Steve:

 

The Board of Trustees of Universal Health Realty Income Trust, at today’s meeting, authorized the renewal of the current Advisory Agreement between Universal Health Realty Income Trust and UHS of Delaware, Inc. (“Agreement”) upon the same terms and conditions.

 

This letter constitutes Universal Health Realty Income Trust’s offer to renew the Agreement, through December 31, 2025, upon the same terms and conditions. Please acknowledge UHS of Delaware’s acceptance of this offer by signing in the space provided below and returning one copy of this letter to me. Thank you.

 

 

Sincerely,

 

/s/ Cheryl K. Ramagano

 

Cheryl K. Ramagano

Senior Vice President, Operations,

Treasurer and Secretary

 

Agreed and Accepted:

UHS OF DELAWARE, INC.

 

 

By: /s/ Steve Filton

Steve Filton

Executive Vice President and CFO

 

 

CC: Charles Boyle