AMENDED AND RESTATED PROPERTY MANAGEMENT AGREEMENTProperty Management Agreement • January 13th, 2010 • Senior Housing Properties Trust • Real estate investment trusts • Massachusetts
THIS AMENDED AND RESTATED PROPERTY MANAGEMENT AGREEMENT (this "Agreement") is made and entered into as of January 7, 2010, by and among REIT MANAGEMENT & RESEARCH LLC, a Delaware limited liability company ("Managing Agent"), and SENIOR HOUSING PROPERTIES TRUST, a Maryland real estate investment trust (the "Company"), on behalf of itself and those of its subsidiaries as may from time to time own properties subject to this Agreement (each, an "Owner" and, collectively, "Owners").
BUSINESS MANAGEMENT AGREEMENTBusiness Management Agreement • January 13th, 2010 • Senior Housing Properties Trust • Real estate investment trusts • Massachusetts
THIS BUSINESS MANAGEMENT AGREEMENT (this "Agreement") is entered into as of January 7, 2010, by and between Senior Housing Properties Trust, a Maryland real estate investment trust (the "Company"), Reit Management & Research LLC, a Delaware limited liability company (the "Manager"), and, solely with respect to certain non-competition covenants in Section 15 of this Agreement, Barry M. Portnoy, Gerard M. Martin and Adam D. Portnoy.
