Advisory Agreement Renewal between Universal Health Realty Income Trust and UHS of Delaware, Inc. (2011)
Universal Health Realty Income Trust (UHT) is offering to renew its Advisory Agreement with UHS of Delaware, Inc. for another year, through December 31, 2011, under the same terms and conditions as the previous agreement. UHS of Delaware, Inc. accepts this renewal by signing and returning the letter. The agreement outlines the continued advisory relationship between the two parties for the specified period.
Exhibit 10.3
December 6, 2010
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 their December 2, 2010 meeting, authorized the renewal of the current Advisory Agreement between UHT and UHS of Delaware, Inc. (“Agreement”) upon the same terms and conditions.
This letter constitutes UHT’s offer to renew the Agreement, through December 31, 2011, upon such 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
Vice President, Treasurer and Secretary
Agreed and Accepted:
UHS OF DELAWARE, INC.
By: /s/ Steve Filton
Steve Filton
Senior Vice President and CFO
