Advisory Agreement Renewal between Universal Health Realty Income Trust and UHS of Delaware, Inc. (2009)
Universal Health Realty Income Trust is offering to renew its Advisory Agreement with UHS of Delaware, Inc. for another year, until December 31, 2009, under the same terms and conditions as the previous agreement. UHS of Delaware, Inc. must accept this renewal by signing and returning the letter. The agreement outlines the continued advisory relationship between the two parties.
Exhibit 10.3
December 4, 2008
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, at their December 4, 2008 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, 2009, 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 Vice President & Treasurer |
Agreed and Accepted:
| UHS OF DELAWARE, INC. | ||
| By: | /s/ Steve Filton | |
| Steve Filton Senior Vice President and CFO | ||
| cc: | Charles Boyle |
