PHOENIX INDIA ACQUISITION CORPORATION
EXHIBIT
10.6
PHOENIX
INDIA ACQUISITION CORPORATION
November 21
, 2005
Phoenix
Capital Partners, LLC
000
Xxxxx
Xxxxxx
Xxxxx
000
Xxx
Xxxx,
XX 00000
Gentlemen:
This
letter will confirm our agreement, that commencing on the effective date
(“Effective Date”) of the registration statement of the initial public offering
(“IPO”) of the securities of Phoenix India Acquisition Corporation (“Company”)
and continuing until the consummation by the Company of a “Business Combination”
(as described in the Company’s IPO prospectus), Phoenix Capital Partners, LLC
(“Phoenix Capital”) shall make available to the Company certain administrative,
technology and secretarial services, as well as the use of certain limited
office space in New York City, as may be required by the Company from time
to
time, situated at 000 Xxxxx Xxxxxx, Xxxxx 000, Xxx Xxxx, Xxx Xxxx 00000 (or
any
successor location). In exchange therefor, the Company shall pay to Phoenix
Capital the sum of $7,500 per month (the “Fee”) on the Effective Date and
continuing monthly thereafter.
PHOENIX INDIA ACQUISITION CORPORATION | ||
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By: | /s/ Xxxx Xxxxxxxx | |
Name: Xxxx Xxxxxxxx Title: Chairman |
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AGREED TO AND ACCEPTED BY: | ||
Phoenix Capital Partners, LLC | ||
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Date: November 21, 2005 | By: | /s/ Xxxxxx Xxxxxx |
Name:
Xxxxxx Xxxxxx
Title: Manager |
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