UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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Current Report
Pursuant to Section 13 or 15 (d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
July 29, 1999
Commission File Number: 001-13807
ElderTrust
(Exact name of registrant as specified in its declaration of trust)
Maryland 23-2932973
(State or other jurisdiction) (I.R.S. Employer Identification No.)
of incorporation or organization)
101 East State Street, Suite 100, Kennett Square, Pennsylvania 19348
(Address of principal executive offices)
(zip code)
(610) 925-4200
(Registrant's telephone number, including area code)
Item 5. Other Events
Effective July 29, 1999, the Board of Trustees of ElderTrust has
appointed D. Lee McCreary, Jr., Chief Financial Officer, to the additional
positions of Acting President and Chief Executive Officer. Mr. McCreary replaces
Edward B. Romanov, Jr., who resigned all positions with ElderTrust and its
subsidiaries, including as President and Chief Executive Officer and as a
trustee of ElderTrust, in order to pursue other business interests.
A copy of the Separation Agreement and Release dated July 29, 1999 by
and among ElderTrust, ElderTrust Operating Limited Partnershhip and Mr. Romanov
is included as Exhibit 10.1 hereto.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
(a) Financial Statements.
Not applicable.
(b) Pro Forma Financial Information.
Not applicable.
(c) Exhibits.
Exhibit No. Description of Exhibit
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10.1 Separation Agreement and Release dated
July 29, 1999, by and among ElderTrust,
ElderTrust Operating Limited Partnership
and Edward B. Romanov, Jr.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
ELDERTRUST
(Registrant)
/s/ D. Lee McCreary, Jr.
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D. Lee McCreary, Jr.
Acting President and Chief Executive
Officer and Chief Financial Officer
Date: July 29, 1999
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INDEX TO EXHIBITS
Exhibit No. Description of Exhibit Page No.
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10.1 Separation Agreement and Release dated
July 29, 1999, by and among ElderTrust,
ElderTrust Operating Limited Partnership
and Edward B. Romanov, Jr.
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