Exhibit 10.43

 

ACCESSION AGREEMENT

 

THIS ACCESSION AGREEMENT, dated as of November 1, 2012, is entered into by SNH
SE TENANT TRS, INC., a Maryland corporation (the “Company”).

 

RECITALS:

 

(a)                                 The Company has entered into Management
Agreements with FVE Managers, Inc., a Maryland corporation (“Manager”), dated as
of November 1, 2012, with respect to each of the following senior living
facilities: (i) that certain senior living facility located at 24552 Paseo de
Valencia, Laguna Hills, California (“Villa Valencia”); and (ii) that certain
senior living facility located at 1250 West Central Road, Arlington
Heights, Illinois (“Church Creek”) (each, a “Management Agreement”).

 

(b)                                 Manager, the Company and certain affiliates
of the Company are parties to that certain Pooling Agreement No. 2, dated as of
October 30, 2012, by and among the Manager and the parties listed on Schedule A
thereto (the “Pooling Agreement”).  Capitalized terms used in this Accession
Agreement without definition shall have the meanings given to such terms in the
Pooling Agreement.

 

(c)                                  The Company desires to become a party to
the Pooling Agreement with respect to each of Villa Valencia and Church Creek.

 

NOW, THEREFORE:

 

The Company hereby accedes and becomes a party to the Pooling Agreement with
respect to each of Villa Valencia and Church Creek as an Additional Facility,
agrees to be bound by the provisions of the Pooling Agreement with respect to
each of Villa Valencia and Church Creek, and acknowledges that provisions of
each Management Agreement will be superseded as provided therein, on and after
the date first above written.

 

[Signature Page Follows]

 

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IN WITNESS WHEREOF, this Accession Agreement has been duly executed and
delivered by the Company with the intention of creating an instrument under
seal.

 

 

 

COMPANY:

 

 

 

SNH SE TENANT TRS, INC.,

 

a Maryland corporation

 

 

 

 

 

By:

/s/ Richard A. Doyle

 

 

Richard A. Doyle

 

 

President

 

 

 

 

ACCEPTED:

 

 

 

FVE MANAGERS, INC.,

 

a Maryland corporation

 

 

 

 

 

By:

/s/ Bruce J. Mackey Jr.

 

 

 

Bruce J. Mackey Jr.

 

 

 

President

 

 

[Signature Page to Accession Agreement]

 

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Schedule to Exhibit 10.1

 

There are two accession agreements to the Pooling Agreement with FVE
Managers, Inc., a representative form of which is filed herewith.  The other
accession agreement, with the respective parties and applicable to the
respective communities listed below, are substantially identical in all material
respects to the representative form of accession agreement filed herewith.

 

Entity

 

Community

 

Date

 

 

 

 

 

SNH SE Tenant TRS, Inc.

 

Fieldstone Place, 51 Patel Way, Clarksville, Tennessee 37043

Gateway Villas and Gardens, 601 Steve Hawkins Parkway and 605 Gateway Central,
Marble Falls, Texas 78654

 

December 19, 2012

 

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