0001104659-12-083227 Sample Contracts

AMENDED AND RESTATED BUSINESS MANAGEMENT AGREEMENT
Business Management Agreement • December 11th, 2012 • Senior Housing Properties Trust • Real estate investment trusts • Massachusetts

THIS AMENDED AND RESTATED BUSINESS MANAGEMENT AGREEMENT (this “Agreement”) is entered into as of December 11, 2012, 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 16 of this Agreement, Barry M. Portnoy, Gerard M. Martin and Adam D. Portnoy.

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SECOND AMENDMENT TO AMENDED AND RESTATED PROPERTY MANAGEMENT AGREEMENT
Property Management Agreement • December 11th, 2012 • Senior Housing Properties Trust • Real estate investment trusts • Massachusetts

This SECOND AMENDMENT TO AMENDED AND RESTATED PROPERTY MANAGEMENT AGREEMENT, dated as of December 11, 2012 (this “Amendment”), 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 the Property Management Agreement (as defined below) (each, an “Owner” and, collectively, “Owners”).

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