Senior Housing Properties Trust
Exhibit 10.2
Senior Housing Properties Trust
000
Xxxxxx Xxxxxx
Xxxxxx, XX 00000
March 13, 2006
Five Star Quality Care
Trust 000
Xxxxxx Xxxxxx
Xxxxxx, XX 00000
Attention: Xxxxx X. Xxxxxx
Re: Second Amended and Restated Lease Agreement dated as of November 19, 2004 (as amended, the “Lease”)
Dear Xxxxx:
The purpose of this letter is to confirm that, pursuant to Section 4.1.1(b) of the Lease, Valley View was sold on December 31, 2005. The net proceeds of the sale received were $2,676,448.00. Accordingly, effective January 1, 2006, Minimum Rent payable under the Lease shall be reduced by $267,644.80 per annum.
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Very truly yours, |
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/s/ Xxxx X. Xxxxxxx |
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Xxxx X. Xxxxxxx |
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Acknowledged and Agreed: |
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Five Star Quality Care Trust |
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By: |
/s/ Xxxxx X. Xxxxxx Xx. |
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Xxxxx X. Xxxxxx, Xx. |
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Treasurer |
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