Schultze Special Purpose Acquisition Corp.
Exhibit 10.6
Xxxxxxxx Special Purpose Acquisition Corp.
000 Xxxxxxxxxxx Xxxxxx, Xxxxx 000
Xxx Xxxxx, XX 00000
December 10, 2018
Schultze Special Purpose Acquisition Sponsor, LLC
000 Xxxxxxxxxxx Xxxxxx, Xxxxx 000
Xxx Xxxxx, XX 00000
Ladies and Gentlemen:
This letter will confirm our agreement that, commencing on the date of our final prospectus (the “Effective Date”) prepared in connection with the registration statement (the “Registration Statement”) for the initial public offering (the “IPO”) of the securities of Xxxxxxxx Special Purpose Acquisition Corp. (the “Company”) and continuing until the earlier of (i) the consummation by the Company of an initial business combination or (ii) the Company’s liquidation (in each case as described in the Registration Statement) (such earlier date hereinafter referred to as the “Termination Date”), Xxxxxxxx Special Purpose Acquisition Sponsor, LLC (the “Sponsor”) shall make available to the Company certain office space and administrative and support services as may be required by the Company from time to time, situated at 000 Xxxxxxxxxxx Xxxxxx, Xxxxx 000, Xxx Xxxxx, XX 00000 (or any successor location). In exchange therefor, the Company shall pay the Sponsor an aggregate of up to $10,000 per month on the Effective Date and continuing monthly thereafter until the Termination Date. The Sponsor hereby agrees that it does not have any right, title, interest or claim of any kind in or to any monies that may be set aside in the trust account (the “Trust Account”) that may be established upon the consummation of the IPO as a result of this letter agreement (the “Claim”) and hereby waives any Claim it may have in the future as a result of, or arising out of, this letter agreement and will not seek recourse against the Trust Account for any reason whatsoever.
Very truly yours, | |||
Xxxxxxxx Special Purpose Acquisition Corp. | |||
By: |
/s/ Xxxxxx X. Xxxxxxxx | ||
Name: | Xxxxxx X. Xxxxxxxx | ||
Title: | Chief Executive Officer |
AGREED TO AND ACCEPTED BY: | |||
Xxxxxxxx Special Purpose Acquisition SPONSOR, LLC | |||
By: | Xxxxxxxx Asset Management, LP | ||
By: | Xxxxxxxx Asset Management GP, LLC | ||
By: |
/s/ Xxxxxx X. Xxxxxxxx | ||
Name: | Xxxxxx X. Xxxxxxxx | ||
Title: | Managing Member |