ISRAEL GROWTH PARTNERS ACQUISITION CORP.
Exhibit 10.11
ISRAEL GROWTH PARTNERS ACQUISITION CORP.
, 2006
Danash Investment and Management Ltd.
Yahalom Tower, 28th Floor
0x Xxxxxxxxxx Xxxxxx
Ramat Gan 52520
Israel
Gentlemen:
This letter will confirm our agreement that, commencing on the effective date (“Effective Date”) of the registration statement for the initial public offering of the securities of Israel Growth Partners Acquisition Corp. (“Company”) and continuing until (the “Termination Date”) the earlier of the consummation by the Company of a “Business Combination” or the Company’s liquidation, Danash Investment and Management Ltd. shall make available to the Company certain office and administrative services as may be required by the Company from time to time, situated at Yahalom Tower, 0x Xxxxxxxxxx Xxxxxx, Xxxxx Xxx 00000 Xxxxxx. In exchange therefore, the Company shall pay Danash Investment and Management Ltd. the sum of $7,500 per month on the Effective Date and continuing monthly thereafter until the Termination Date.
| Very truly yours,
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| By: |
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| Name: Xxxxx Xxxx Title: Chairman | ||
| AGREED TO AND ACCEPTED BY:
Danash Investment and Management Ltd. | ||
| By: |
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| Name: Xxxx Xxx Title: | ||
