Advisory Agreement Renewal Letter between Universal Health Realty Income Trust and UHS of Delaware, Inc.
Universal Health Realty Income Trust has offered to renew its Advisory Agreement with UHS of Delaware, Inc. under the same terms and conditions as the existing agreement. The renewal extends the agreement through December 31, 2025. UHS of Delaware, Inc. accepts the renewal by signing and returning the letter. This document confirms the continuation of the advisory relationship between the two parties for another year.
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
