Advisory Agreement Renewal Letter between Universal Health Realty Income Trust and UHS of Delaware, Inc. (2020)

Summary

Universal Health Realty Income Trust is offering to renew its Advisory Agreement with UHS of Delaware, Inc. for another year, through December 31, 2020, under the same terms and conditions as the existing agreement. The renewal is confirmed by UHS of Delaware, Inc. signing and returning the letter. This document formalizes the extension of the advisory relationship between the two companies.

EX-10.3 3 uhs-ex103_9.htm EX-10.3 uhs-ex103_9.htm

 

Exhibit 10.3

December 4, 2019

 

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, 2020, 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,

 

 

 

By:  /s/ Cheryl K.  Ramagano

Cheryl K. Ramagano

Vice President and Treasurer

 

Agreed and Accepted:

 

UHS OF DELAWARE, INC.

 

 

By:  /s/ Steve Filton

Steve Filton

Executive Vice President and CFO

 

 

CC:Charles Boyle