AND BY FIRST CLASS MAIL
EXHIBIT 99.2
December 31, 2013
BY CERTIFIED MAIL, RETURN RECEIPT REQUESTED,
AND BY FIRST CLASS MAIL
Xx. Xxxxxxxxxxx X. Xxxxxxx Two Buckhead Plaza
0000 Xxxxxxxxx Xxxx, X.X., Xxxxx 000
Atlanta, Georgia 30305
Re: | Management Agreement made and entered into as of September 19, 2011 (the "Management Agreement", by and among AdCare Oklahoma Management, LLC ("Manager") and Living Center, LLC, Kenmetal, LLC, Senior NH, LLC, BAN NH, LLC, Oak Lake, LLC (collectively, "Operators") |
Xxxxx:
In accordance with Section 2.02 of the referenced Management Agreement, Manager hereby notifies Operators of its election to terminate the Management Agreement. Please be advised that this notice of termination shall be effective as of 11:59 p.m. on January 31, 2014 (the "Termination Date"). Notwithstanding Manager's election to terminate the Management Agreement, Manager is willing to provide administrative office and accounting services to Operators after the Termination Date provided that the parties are able to come to a mutual agreement as to terms regarding such "back-office" services on or before such Termination Date.
Thank you.
Sincerely,
/s/ Xxxx X. Xxxxxx
Xxxx X. Xxxxxx
Chief Executive Officer