Document:

Exhibit 10.39

 

FIRST AMENDMENT TO

PURCHASE AND SALE AGREEMENT

 

THIS FIRST AMENDMENT TO PURCHASE AND SALE AGREEMENT (this “Amendment”)
is made and entered into as of the 9th day of July, 2008 by and between HUB PROPERTIES TRUST, a Maryland real
estate investment trust (“Seller”), and SENIOR HOUSING PROPERTIES TRUST, a Maryland real estate
investment trust (“Purchaser”).

 

WITNESSETH:

 

WHEREAS, Seller and Purchaser entered into that certain Purchase and
Sale Agreement, dated as of May 5, 2008 (the “Agreement”), with
respect to the purchase and sale of certain real property and other property
located at 710 North Euclid Street, Anaheim, California, all as more
particularly described in the Agreement; and

 

WHEREAS, Seller and Purchaser desire to amend the Agreement to
accelerate the Closing Date and change the definition of “Title Company”, in
accordance with the terms of this Amendment;

 

NOW, THEREFORE, in consideration of the
foregoing and for other good and valuable consideration, the receipt and
adequacy of which are hereby acknowledged, and intending to be legally bound,
the parties hereto agree as follows:

 

1.             Defined Terms.  Terms
used in this Amendment, but not otherwise defined herein, shall have the
meanings given to them in the Agreement.

 

2.             Title Company Definition. Section 1.17 of the Agreement is
hereby amended by deleting “Lawyers Title Insurance Corporation” and inserting “Stewart
Title Guaranty Company” in its place.

 

3.             Closing Date Acceleration.  Section 2.2
of the Agreement is hereby amended by deleting the date “October 23, 2008”
from the first sentence thereof and inserting the date “July 9, 2008” in
its place.

 

4.             Agreement Provisions.  All
provisions of the Agreement, as amended by this Amendment, are hereby ratified
and confirmed and remain in full force and effect.

 

5.             Multiple Counterparts.  This
Amendment may be executed in a number of identical counterparts.  If so executed, each

 

 

counterpart is to be deemed an original for all purposes, and all such
counterparts shall, collectively, constitute one agreement.  Such executed counterparts may be delivered
by facsimile or by e-mail (in .pdf format) and any such counterparts so
delivered shall be deemed original documents for all purposes.

 

6.             Non-Liability of Trustees of
Seller.  The Declaration of Trust of Seller, a copy of
which is duly filed with the Department of Assessments and Taxation of the
State of Maryland, provide that the name “Hub Properties Trust” refers to the
trustees under such Declaration of Trust collectively as trustees, but not
individually or personally, and that no trustee, officer, shareholder, employee
or agent of Seller shall be held to any personal liability, jointly or
severally, for any obligation of, or claim against, Seller, as the case may be.  All persons dealing with Seller in any way
shall look only to the assets of Seller for the payment of any sum or the
performance of any obligation.

 

7.             Non-Liability of Trustees of
Purchaser.  The Declaration of Trust of Purchaser, a copy
of which is duly filed with the Department of Assessments and Taxation of the
State of Maryland, provides that the name “Senior Housing Properties Trust”
refers to the trustees under such Declaration of Trust collectively as
trustees, but not individually or personally, and that no trustee, officer,
shareholder, employee or agent of Purchaser shall be held to any personal
liability, jointly or severally, for any obligation of, or claim against,
Purchaser.  All persons dealing with
Purchaser in any way shall look only to the assets of Purchaser for the payment
of any sum or the performance of any obligation.

 

[Signature page follows.]

 

2

 

IN WITNESS WHEREOF, the parties hereto have duly executed this
Amendment as of the date first above written.

 

 

	
   

  	
  SELLER:

  
	
   

  	
   

  	
   

  
	
   

  	
  HUB PROPERTIES TRUST,

  
	
   

  	
  a Maryland real estate
  investment trust

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ John A. Mannix

  
	
   

  	
   

  	
  John A. Mannix

  
	
   

  	
   

  	
  President

  
	
   

  	
   

  	
   

  
	
   

  	
  PURCHASER:

  
	
   

  	
   

  	
   

  
	
   

  	
  SENIOR HOUSING PROPERTIES TRUST,

  
	
   

  	
  a Maryland real estate
  investment trust

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ David J. Hegarty

  
	
   

  	
   

  	
  David J. Hegarty

  
	
   

  	
   

  	
  President

  

 

 

[SIGNATURE PAGE TO FIRST
AMENDMENT TO

PURCHASE AND SALE AGREEMENT]Exhibit 10.40

 

FIRST AMENDMENT TO

PURCHASE AND SALE AGREEMENT

 

THIS FIRST AMENDMENT TO PURCHASE AND SALE AGREEMENT (this “Amendment”)
is made and entered into as of the 9th day of July, 2008 by and
between HUB PROPERTIES TRUST, a
Maryland real estate investment trust (“Seller”), and SENIOR HOUSING PROPERTIES TRUST, a Maryland
real estate investment trust (“Purchaser”).

 

WITNESSETH:

 

WHEREAS, Seller and Purchaser entered into that certain Purchase and
Sale Agreement, dated as of May 5, 2008 (the “Agreement”), with
respect to the purchase and sale of certain real property and other property
known as Brittonfield II and Brittonfield III and located at 5008 Brittonfield
Parkway, East Syracuse, New York, all as more particularly described in the
Agreement; and

 

WHEREAS, Seller and Purchaser desire to amend the Agreement to
accelerate the Closing Date and change the definition of “Title Company”, in
accordance with the terms of this Amendment;

 

NOW, THEREFORE, in consideration of the
foregoing and for other good and valuable consideration, the receipt and
adequacy of which are hereby acknowledged, and intending to be legally bound,
the parties hereto agree as follows:

 

1.             Defined Terms.  Terms
used in this Amendment, but not otherwise defined herein, shall have the meanings
given to them in the Agreement.

 

2.             Title Company Definition. Section 1.19 of the Agreement is
hereby amended by deleting “Lawyers Title Insurance Corporation” and inserting “Stewart
Title Guaranty Company” in its place.

 

3.             Closing Date Acceleration.  Section 2.2
of the Agreement is hereby amended by deleting the date “November 27, 2008”
from the first sentence thereof and inserting the date “July 9, 2008” in
its place.

 

4.             Agreement Provisions.  All
provisions of the Agreement, as amended by this Amendment, are hereby ratified
and confirmed and remain in full force and effect.

 

 

5.             Multiple Counterparts.  This
Amendment may be executed in a number of identical counterparts.  If so executed, each counterpart is to be
deemed an original for all purposes, and all such counterparts shall,
collectively, constitute one agreement. 
Such executed counterparts may be delivered by facsimile or by e-mail
(in .pdf format) and any such counterparts so delivered shall be deemed
original documents for all purposes.

 

6.             Non-Liability of Trustees of
Seller.  The Declaration of Trust of Seller, a copy of
which is duly filed with the Department of Assessments and Taxation of the
State of Maryland, provide that the name “Hub Properties Trust” refers to the
trustees under such Declaration of Trust collectively as trustees, but not
individually or personally, and that no trustee, officer, shareholder, employee
or agent of Seller shall be held to any personal liability, jointly or
severally, for any obligation of, or claim against, Seller, as the case may
be.  All persons dealing with Seller in
any way shall look only to the assets of Seller for the payment of any sum or
the performance of any obligation.

 

7.             Non-Liability of Trustees of
Purchaser.  The Declaration of Trust of Purchaser, a copy
of which is duly filed with the Department of Assessments and Taxation of the
State of Maryland, provides that the name “Senior Housing Properties Trust”
refers to the trustees under such Declaration of Trust collectively as trustees,
but not individually or personally, and that no trustee, officer, shareholder,
employee or agent of Purchaser shall be held to any personal liability, jointly
or severally, for any obligation of, or claim against, Purchaser.  All persons dealing with Purchaser in any way
shall look only to the assets of Purchaser for the payment of any sum or the
performance of any obligation.

 

[Signature page follows.]

 

2

 

IN WITNESS WHEREOF, the parties hereto have duly executed this
Amendment as of the date first above written.

 

 

	
   

  	
  SELLER:

  
	
   

  	
   

  
	
   

  	
  HUB PROPERTIES TRUST,

  
	
   

  	
  a Maryland real estate
  investment trust

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ John A. Mannix

  
	
   

  	
   

  	
  John A. Mannix

  
	
   

  	
   

  	
  President

  
	
   

  	
   

  
	
   

  	
  PURCHASER:

  
	
   

  	
   

  
	
   

  	
  SENIOR HOUSING PROPERTIES TRUST,

  
	
   

  	
  a Maryland real estate
  investment trust

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ David
  J. Hegarty

  
	
   

  	
   

  	
  David J. Hegarty

  
	
   

  	
   

  	
  President

  

 

 

[SIGNATURE PAGE TO FIRST
AMENDMENT TO

PURCHASE AND SALE AGREEMENT]Exhibit 10.41

 

 

FIRST
AMENDMENT TO

AMENDED AND RESTATED MASTER LEASE AGREEMENT

(LEASE NO. 3)

 

THIS
FIRST AMENDMENT TO AMENDED AND RESTATED MASTER LEASE AGREEMENT (LEASE NO. 3) (this “Amendment”) is made and
entered into as of August 1, 2008 by and among each of the parties
identified on the signature page hereof as a landlord, as landlord
(collectively, “Landlord”), and FIVE STAR QUALITY CARE
TRUST, a Maryland business trust, as tenant (“Tenant”).

 

W  I  T  N  E
S  S  E  T  H:

 

WHEREAS, Landlord and Tenant are parties to
certain Amended and Restated Master Lease Agreement (Lease No. 3), dated
as of June 30, 2008 (“Lease No. 3”); and

 

WHEREAS, on or about the date hereof, SNH Somerford Properties Trust has
acquired two (2) senior living facilities located in Birmingham, Alabama,
as more particularly described on Exhibits A-35 and A-36
attached hereto (collectively, the “Alabama Properties”); and

 

WHEREAS, SNH Somerford Properties Trust, the other entities
comprising Landlord and Tenant wish to amend Lease No. 3 to add the
Alabama Properties thereto;

 

NOW,
THEREFORE, in
consideration of the mutual covenants herein contained and other good and
valuable consideration, the mutual receipt and legal sufficiency of which are
hereby acknowledged, Landlord and Tenant hereby agree that, effective as of the
date hereof, Lease No. 3 is hereby amended as follows:

 

1.             Defined Terms.  Article 1 of Lease No. 3
“Definitions” is amended as follows:

 

                (a)           Section 1.12(e) is hereby amended by inserting
the words “the adoption of any proposal by Tenant or any Guarantor or” at the
beginning thereof, by inserting the words “or approved, as the case may be,”
after the word “appointed” in the third line thereof and by inserting the words
“the making of such proposal or” after the words “prior to” in the fourth line
thereof.

 

                (b)  Section 1.65 of
Lease No. 3 is hereby deleted in its entirety and replaced with the
following:

 

 

 

 

“Minimum
Rent”  shall mean the sum of Fifteen
Million Four Hundred Sixty-Six Thousand Five Hundred Seventy-One and 00/100s
($15,466,571.00) per
annum.

 

2.             Leased Property.  Section 2.1 of Lease No. 3 is
hereby amended by deleting subsection (a) in its entirety and replacing it
with the following:

 

those certain
tracts, pieces and parcels of land as more particularly described on Exhibits
A-1 through A-36 attached hereto and made a part hereof (the “Land”).

 

3.             Schedule 1.  Schedule 1 to Lease No. 3 is hereby
deleted in its entirety and replaced with Schedule 1 attached hereto.

 

4.             Exhibit A.  Exhibit A to Lease No. 3 is hereby
amended by adding Exhibits A-35 and A-36 attached hereto
following Exhibit A-34 to Lease No. 3.

 

5.             Ratification.  As amended hereby, Lease No. 3 is hereby
ratified and confirmed.

 

 

 

[SIGNATURE PAGE FOLLOWS]

 

 

 

 

 

 

 

2

 

 

                IN WITNESS WHEREOF, the parties
have executed this Amendment as a sealed instrument as of the date above first
written.

 

	
   

  	
   

  	
   

  	
   

  	
   

  	
  LANDLORD:

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
  SNH SOMERFORD PROPERTIES TRUST,

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
  SPTIHS PROPERTIES TRUST, and

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
  SPTMNR PROPERTIES TRUST, each a

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
  Maryland real estate
  investment trust

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
  By:

  	
  /s/ Richard A. Doyle

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  Richard A. Doyle

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  Treasurer and Chief Financial

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  Officer of each of the

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  foregoing entities

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
  TENANT:

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
  FIVE STAR QUALITY CARE TRUST, a

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
  Maryland business trust

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
  By:

  	
  /s/ Travis K. Smith

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  Travis K. Smith

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  Vice President

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
								

 

 

 

The following Schedule and exhibits have been omitted
and will be Supplementally furnished to the Securities and Exchange Commission
upon request:

 

SCHEDULE I (Property -
Specific information)

EXHIBITS A-35 and A-36
(Land)

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