Common use of Transition Period and Retirement Clause in Contracts

Transition Period and Retirement. A. Resignation from RMR. You will continue to serve as an Executive Vice President of RMR until April 30, 2018 as of which date you will resign as an Executive Vice President of RMR and from any other officer positions you hold within RMR and any of its managed companies, including Senior Housing Properties Trust (“SNH”). You will continue to serve as an employee of RMR until the Retirement Date in order to transition your duties and responsibilities to your successor(s).

Appears in 1 contract

Samples: Letter Agreement (RMR Group Inc.)

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