Agreement to Renew Advisory Agreement between Universal Health Realty Income Trust and UHS of Delaware, Inc.
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Summary
Universal Health Realty Income Trust and UHS of Delaware, Inc. have agreed to renew their existing Advisory Agreement under the same terms and conditions until December 31, 2001. The renewal was authorized by the Trust's Board of Trustees and accepted by UHS of Delaware, Inc. Both parties are expected to continue their obligations as previously established in the original agreement, with no changes to the terms.
EX-10.3 2 0002.txt AGREEMENT TO RENEW ADVISORY AGREEMENT [LETTERHEAD OF UNIVERSAL HEALTH] January 8, 2001 Mr. Alan B. Miller President UHS of Delaware, Inc. 367 South Gulph Road King of Prussia, PA 19406 Dear Alan: The Board of Trustees of Universal Health Realty Income Trust at their December 6, 2000, meeting authorized the renewal of the current Advisory Agreement between the Trust and UHS of Delaware, Inc. ("Agreement") upon the same terms and conditions. This letter constitutes the Trust's offer to renew the Agreement until December 31, 2001, upon the same terms and conditions. Please acknowledge UHS of Delaware, Inc.'s acceptance of this offer by signing in the space provided below and returning one copy of this letter to me. Sincerely yours, /s/ Kirk E. Gorman President and Secretary cc: Warren J. Nimetz, Esquire Charles Boyle Agreed to and Accepted: UHS OF DELAWARE, INC. By: /s/ Alan B. Miller ---------------------- Alan B. Miller, President
