November __, 2007 United Refining Inc.
Exhibit 10.10
November __, 2007
United Refining Inc.
000 00xx Xxxxxx
New York, New York 10019
Re: | UNITED REFINING ENERGY CORP. |
Gentlemen:
This letter will confirm our agreement, that commencing on the effective date (“Effective Date”) of the registration statement (“Registration Statement”) of the initial public offering (“IPO”) of the securities of United Refining Energy Corp. (the “Company”) and continuing until the earlier to occur of: (i) the consummation of a Business Combination (as described in the Registration Statement) and (ii) the date on which we determine to dissolve and liquidate our trust account as part of our plan of dissolution and liquidation pursuant to the Company’s Amended and Restated Certificate of Incorporation, United Refining, Inc. shall make available to the Company certain general and administrative services, including but not limited to receptionist, secretarial and general office services. In exchange therefore, the Company shall pay United Refining, Inc. the sum of $7,500 per month on the Effective Date and continuing monthly thereafter.
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Very truly yours, | ||
UNITED REFINING ENERGY CORP | ||
By: | ||
Name: | ||
Title: |
Agreed to and Accepted by: | ||
UNITED REFINING, INC. | ||
By: | ||
Name: | ||
Title: |