TRANSFORMA ACQUISITION GROUP INC.
Exhibit 10.11
TRANSFORMA ACQUISITION GROUP INC.
SEPTEMBER 1, 2006
S&B INVESTMENT MANAGEMENT GROUP, LLC
000 Xxxx Xxxxxx, 00xx Xxxxx
Xxx Xxxx, XX 00000
Ladies and Gentlemen:
This letter will confirm our agreement that commencing on September 1, 2006 S&B Investment Management Group, LLC (“S&BIMG”) shall make available to Transforma Acquisition Group Inc. (“Transforma”) certain office space and general and administrative services as may be required by Transforma, situated at 000 Xxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, XX 00000. In exchange therefor, Transforma shall pay S&BIMG the sum of $7,500 per month. Transforma will pay S&BIMG the monthly fee of $7,500 until the earlier of (i) the completion of Transforma’s initial business combination and (ii) Transforma’s dissolution.
[Remainder of Page Intentionally Left Blank]
1
| Very truly yours, | ||
| TRANSFORMA ACQUISITION GROUP INC. | ||
| By: | /s/ Xxxxx X. Xxxxxxx | |
| Name: | Xxxxx X. Xxxxxxx | |
| Title: | President and Chief Executive Officer | |
| AGREED AND ACCEPTED | ||
| S&B INVESTMENT MANAGEMENT GROUP, LLC | ||
| By: | /s/ Xxxxxx X. Xxxxxxxx | |
| Name: | Xxxxxx X. Xxxxxxxx | |
| Title: | Managing Member | |
2
