FORM OF LETTER AGREEMENT FOR ADMINISTRATIVE SERVICES FREEDOM ACQUISITION HOLDINGS, INC.
Exhibit 10.17
FORM OF LETTER AGREEMENT FOR ADMINISTRATIVE SERVICES
, 2006
Berggruen Holdings, Inc.
Gentlemen:
This letter will confirm our agreement, that commencing on the consummation date (the
“Closing Date”) of the initial public offering (“IPO”) of the securities of Freedom
Acquisition Holdings, Inc. (the “Company”) and continuing until the earlier of the
consummation by the Company of a “Business Combination” or the liquidation of the Company (each, as
described in the Company’s IPO prospectus, and such earlier date, the “Termination Date”),
Berggruen Holdings, Inc. (“Berggruen”) shall make available to the Company certain office
space, administrative services and secretarial support, in the New York, New York area as may be
required by the Company from time to time, situated at 1114 Avenue of the Xxxxxxxx, 00xx
Xxxxx, Xxx Xxxx, Xxx Xxxx 00000 (or any successor location). In exchange therefor, the Company
shall pay to Berggruen the sum of $10,000 per month (the “Fee”) on the Closing Date and
continuing monthly thereafter until the Termination Date.
| Very truly yours, | ||||||
| FREEDOM ACQUISITION HOLDINGS, INC. | ||||||
| By: | ||||||
| Name: | ||||||
| Title: | ||||||
| AGREED TO AND ACCEPTED BY: | ||||
| BERGGRUEN HOLDINGS, INC. | ||||
By: |
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Name: |
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