STAR MARITIME ACQUISITION CORP.
_______________, 2005
Xxxxxxxx & Xxxxx, P.C.
000 Xxxxxxx Xxxxxx
Xxx Xxxx, Xxx Xxxx 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 Star Maritime Acquisition Corp.
("Company") and continuing until the consummation by the Company of a "Business
Combination" (as described in the prospectus), Xxxxxxxx & Xxxxx, P.C. ("Firm")
shall make available to the Company certain administrative, technology and
secretarial services, as well as the use of certain limited office space,
including a conference room, in New York City, as may be required by the Company
from time to time, situated at 000 Xxxxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000 (or
any successor location). In exchange therefor, the Company shall pay to Firm the
sum of $7,500 per month (the "Fee") on the Effective Date and continuing monthly
thereafter.
Very truly yours,
STAR MARITIME ACQUISITION CORP.
By:
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Name: Xxxxxxxxx (Xxxx) Xxxxxxxxxx
Title: Chief Executive Officer and
President
Agreed to and Accepted by:
XXXXXXX & XXXXX, P.C.
By:
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Name: Xxxxx Xxxxxxxx
Title:
