RE: Management Agreements with The RMR Group LLCManagement Agreements • May 19th, 2023 • Office Properties Income Trust • Real estate • Maryland
Reference is made to (i) the Agreement and Plan of Merger (the “Merger Agreement”), dated as of the date hereof, by and between Diversified Healthcare Trust (“DHC”) and Office Properties Income Trust (“OPI”), pursuant to which, among other things, DHC will merge with and into OPI, with OPI being the surviving entity in the merger (the “Merger”); (ii) the Second Amended and Restated Business Management Agreement (the “DHC Business Management Agreement”), dated June 5, 2015, as amended, by and between DHC and The RMR Group LLC (the “Manager”); (iii) the Second Amended and Restated Business Management Agreement, dated June 5, 2015, as amended, by and between OPI and the Manager (the “OPI Business Management Agreement”); (iv) the Third Amended and Restated Property Management Agreement, dated June 9, 2021, by and between DHC and the Manager (the “DHC Property Management Agreement”); and (v) the Second Amended and Restated Property Management Agreement, dated June 5, 2015, by and between OP
Amendment No. 1 to Management Agreements With Keyport Advisory Services Corp.Management Agreements • April 16th, 1999 • Liberty Variable Investment Trust
Exhibit 99.5 Schedule 3.15 ------------- Certain Contracts and Arrangements ---------------------------------- 1. Management Agreements --------------------- a. Agreement, dated as of May 1996 by and between 2800 associates L.P. and Tower Equities of...Management Agreements • November 9th, 1998 • Reckson Associates Realty Corp • Real estate investment trusts
April 11, 2023Management Agreements • April 12th, 2023 • Diversified Healthcare Trust • Real estate investment trusts
ContractManagement Agreements • February 2nd, 2021
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September 14, 2018Management Agreements • December 3rd, 2018 • RMR Group Inc. • Services-management consulting services
Management AgreementsManagement Agreements • April 14th, 2022
We entered into agreements with Mr. Max Fuller and, prior to his death in 2011, Mr. Patrick Quinn, our co-founder, that require us to make certain payments following death or disability. Mr. Quinn’s agreement, as amended, provides for continuation of 100% of base salary ($1.0 million per year) through the fifth anniversary of his death, 50% of base salary thereafter until the seventh anniversary of his death and 25% of base salary thereafter until the 10th anniversary of his death. We paid approximately $0.25 million to Mr. Quinn’s surviving spouse under this agreement in 2019 and 2020. We received approximately $4.7 million in gross life insurance proceeds upon Mr. Quinn’s death, which included approximately $0.6 million of accumulated cash value, that partially offset payments we have made under this agreement. Mr. Max Fuller’s agreement, as amended, provides for continuation of 100% of then-current base salary for five years following the date of his death or disability, 50% of base
