FORM OF LETTER AGREEMENT]
Exhibit 10.9
[FORM OF LETTER AGREEMENT]
__________
____ , 2006
Re: Warrant Purchase Commitment Agreements
Dear Sirs:
Reference
is made to those certain warrant purchase commitment agreements (the
“Warrant Purchase Agreements”)
entered or to be entered into by us and the initial stockholders of Global Logistics Acquisition
Corporation (the “Company”) as described in the
Company’s registration statement on Form S-1
(File No. 333-128591) (as may be amended and supplemented from time
to time, the “Registration
Statement”).
This
letter agreement will confirm our agreement that in the event we are retained by the Company to
provide services relating to a possible business combination following the completion of the
Company's initial public offering pursuant to the Registration Statement, we will assign our
obligations to purchase Company warrants pursuant to the Warrant Purchase Agreements to a broker
dealer(s) unaffiliated and independent of us. In such event, we further confirm that we will not
agree to receive, and will not accept, any compensation as a result of such assignment.
This
letter agreement shall be binding on us and the Company and our and their respective successors
and assigns.
This
letter agreement shall be governed by and interpreted and construed in accordance with the laws of
the State of New York applicable to contracts formed and to be performed entirely within the State
of New York, without regard to the conflicts of law provisions thereof to the extent such principles
or rules would require or permit the application of the laws of another jurisdiction.
No term
or provision of this letter agreement may be amended, changed, waived, altered or modified except
by written instrument executed and delivered by the party against whom such amendment, change,
waiver, alteration or modification is to be enforced.
[Remainder
of Page Intentionally Left Blank]
Very truly yours,
BB&T Capital Markets, a Division of Xxxxx & Xxxxxxxxxxxx, Inc.
By:______________________
Name:____________________
Title:_____________________
Name:____________________
Title:_____________________
Accepted and agreed as of the date hereof:
By:______________________
Name:____________________
Title:_____________________
