MBF HEALTHCARE ACQUISITION CORP. 121 Alhambra Plaza, Suite 1100 Coral Gables, Florida 33134 June 2, 2006
MBF HEALTHCARE ACQUISITION CORP.
000 Xxxxxxxx Xxxxx, Xxxxx 0000
Xxxxx Xxxxxx, Xxxxxxx 00000
000 Xxxxxxxx Xxxxx, Xxxxx 0000
Xxxxx Xxxxxx, Xxxxxxx 00000
June 2, 2006
MBF Healthcare Partners, L.P.
000 Xxxxxxxx Xxxxx, Xxxxx 0000
Xxxxx Xxxxxx, Xxxxxxx 00000
000 Xxxxxxxx Xxxxx, Xxxxx 0000
Xxxxx Xxxxxx, Xxxxxxx 00000
Gentlemen:
This letter will confirm our agreement that, commencing on the effective date (“Effective
Date”) of the registration statement (the “Registration Statement”) for the initial public offering
(“IPO”) of the securities of MBF Healthcare Acquisition Corp. (the “Company”) and continuing until
the earlier of the consummation by the Company of a “Business Combination” or the Company’s
liquidation (each as described in the Registration Statement) (the “Termination Date”), MBF
Healthcare Partners, L.P. shall make available to the Company certain office space, utilities and
secretarial support as may be required by the Company from time to time, situated at 000 Xxxxxxxx
Xxxxx, Xxxxx 0000, Xxxxx Xxxxxx, Xxxxxxx 00000. In exchange therefore, the Company shall pay MBF
Healthcare Partners, L.P. the sum of $7,500 per month on the Effective Date and continuing monthly
thereafter until the Termination Date. The Company has informed MBF Healthcare Partners, L.P. that
certain net proceeds from the IPO are held in trust (the “Trust Fund”) for the benefit of the
public stockholders as more fully described in the Registration Statement. By agreeing and signing
below, MBF Healthcare Partners, L.P. hereby irrevocably waives any and all rights, interests,
claims, demands, damages, actions, causes of action or suit of any nature whatsoever, known or
unknown, foreseen or unforeseen, in law or equity, that MBF Healthcare Partners, L.P. may have
against the Company or the Trust Fund in respect of funds held in the Trust Fund for the benefit of
such public stockholders.
[signature page to follow]
Very truly yours, MBF HEALTHCARE ACQUISITION CORP. |
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By: | /s/ Xxxxxx X. Xxxxxxx | |||
Name: | Xxxxxx X. Xxxxxxx | |||
Title: | CFO | |||
AGREED TO AND ACCEPTED BY:
MBF HEALTHCARE PARTNERS, L.P.
By: | /s/ Xxxxx X. Xxxx | |||
Name: | Xxxxx X. Xxxx | |||
Title: | Managing Director | |||