EXHIBIT 10.12
KBL HEALTHCARE ACQUISITION CORP. II
, 2005
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KBL Healthcare Ventures
000 Xxxxxxx Xxxxxx, 00xx Xxxxx
Xxx Xxxx, Xxx Xxxx 00000
Gentlemen:
This letter will confirm our agreement that, commencing on the
effective date ("Effective Date") of the registration statement for the initial
public offering ("IPO") of the securities of KBL Healthcare Acquisition Corp. II
("KBL") and continuing until (the "Termination Date") the earlier of the
consummation by KBL of a "Business Combination" or KBL's liquidation (as
described in KBL's IPO prospectus), KBL Healthcare Ventures shall make available
to KBL certain office and secretarial services as may be required by KBL from
time to time, situated at 000 Xxxxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, Xxx Xxxx
00000. In exchange therefore, KBL shall pay KBL Healthcare Ventures the sum of
$7,500 per month on the Effective Date and continuing monthly thereafter until
the Termination Date.
Very truly yours,
KBL HEALTHCARE ACQUISITION CORP. II
By: ----------------------------------
Name: Xxxxxxx Xxxxxx, M.D.
Title: Chief Executive Officer
AGREED TO AND ACCEPTED BY:
KBL HEALTHCARE VENTURES
By: ------------------
Name:
Title: