Advisory Agreement Renewal Letter between Universal Health Realty Income Trust and UHS of Delaware, Inc.
Universal Health Realty Income Trust (UHT) offers 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, 2015. UHS of Delaware, Inc. is asked to confirm acceptance by signing and returning the letter. This document formalizes the continuation of advisory services between the two parties for the specified period.
Exhibit 10.3
December 4, 2014
Steve Filton
Senior 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 (“UHT”), at today’s meeting, authorized the renewal of the current Advisory Agreement between UHT and UHS of Delaware, Inc. (the “Agreement”) upon the same terms and conditions.
This letter constitutes UHT’s offer to renew the Agreement through December 31, 2015, upon the 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. Thank you.
| Sincerely, |
| /s/ Cheryl K. Ramagano |
| Cheryl K. Ramagano |
| Vice President and Treasurer |
| Universal Health Realty Income Trust |
| Agreed and Accepted: |
| UHS OF DELAWARE, INC. | ||
| By: | /s/ Steve Filton | |
| Steve Filton Senior Vice President and CFO | ||
cc: Charles Boyle
