Exhibit 10.20
AMENDMENT NO. 3 TO SHARED
SERVICES AGREEMENT
THIS AMENDMENT NO. 3 (this “
Amendment ”) dated as of May 12, 2008 (the
“ Effective Date ”) to the Shared Services
Agreement dated as of January 2, 2002 (as amended by
Amendment No. 1 thereto, dated as of January 14, 2002 and
Amendment No. 2 thereto, dated as of March 10, 2004, the
“ Shared Services Agreement ”) is by and between
Five Star Quality Care, Inc., a Maryland corporation (the
“ Company ”), and Reit Management &
Research LLC, a Delaware limited liability company (“
RMR ”) is entered into between the Company and
RMR. Capitalized terms used in this Amendment without
definition shall have the meaning given therefor in the Shared
Services Agreement.
RECITALS:
Since the Shared Services Agreement
was entered into, the Company’s requirements for Services in
connection with management information systems have expanded from
supervisory services to provision of personnel for implementing
management information systems services and the Company and RMR
desire to amend the Shared Services Agreement to reflect the
services currently being provided.
RMR, effective as of the Effective
Date, will offer employment to certain Company employees who
currently perform management information systems services for the
Company.
NOW THEREFORE, in consideration of the foregoing
and the agreements set forth in this Amendment the Company and RMR
agree as follows:
1.
Section 1.1 (i) of the Shared Services Agree
