UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
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| Item 1.01 | Entry into a Material Definitive Agreement |
On April 7, 2025, we entered into amended and restated indemnification agreements with each of Elizabeth Pagliarini, our Chief Executive Officer and J. Steven Roush and Suzanne Koenig, our directors, and an indemnification agreement with Sharyn Grant, our Chief Financial Officer.
The amended and restated indemnification agreements modify the previous indemnification agreements to update certain terms to be consistent with the new indemnification agreement entered into with Ms. Grant. All of the indemnification agreements clarify and supplement indemnification provisions already contained in the Company’s Articles of Incorporation and Bylaws and generally provide that the Company shall indemnify the indemnified persons to the fullest extent permitted by applicable law, subject to certain exceptions, against expenses, judgments, fines, and other amounts actually and reasonably incurred in connection with their service as a director or officer. The indemnification agreement also provides for rights to advancement of expenses.
The foregoing description of the indemnification agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the indemnification agreement, a copy of which is filed herewith as Exhibit 10.1 and is incorporated herein by reference.
| Item 9.01 | Financial Statements and Exhibits |
| Exhibit No. |
Description | |
| 10.1 | Form of Indemnification Agreement | |
| 104 | Cover Page Interactive Data File (embedded with the Inline XBRL document). |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Company has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
| SUMMIT HEALTHCARE REIT, INC. | ||
| By: | /s/ Sharyn I. Grant | |
| Name: | Sharyn I. Grant | |
| Title: | Chief Financial Officer | |
Dated: April 10, 2025