Letter Agreement
To
the Board of Directors of
|
As
of August 2, 2006
|
East
India Company Acquisition Corp.
|
Gentlemen:
In
the
event that East India Company Acquisition Corp. (the “Corporation”) does not
consummate a business combination and must distribute to its public stockholders
the amount in its trust account (including any accrued interest) plus any
remaining net assets, and if such funds are insufficient to complete such
liquidation, the undersigned agrees to advance such funds necessary to complete
such liquidation (currently anticipated to be no more than approximately
$15,000) and agrees not to seek repayment for such expenses.
Very
truly yours,
/s/
Xxxx Xxxxxxx
Xxxx
Xxxxxxx
/s/
Xxxxx Xxxxx
Xxxxx
Xxxxx