NRDC Acquisition Corp.
Exhibit
10.11
[●],
2007
NRDC
Capital Management, LLC
0
Xxxxxxxxxxxxxx Xxxx
Purchase,
NY 10577
Ladies
and Gentlemen:
This
letter will confirm our agreement
that commencing on [●], 2007, NRDC Capital Management, LLC shall make available
to NRDC Acquisition Corp. certain office space situated at 0 Xxxxxxxxxxxxxx
Xxxx, Xxxxxxxx, XX 00000 and general administrative services as may be required
by NRDC Acquisition Corp. In exchange therefor, NRDC Acquisition
Corp. shall pay NRDC Capital Management, LLC the sum of $7,500.00 per
month. NRDC Acquisition Corp. will pay NRDC Capital Management, LLC
the monthly fee of $7,500.00 on the last day of each month from and including
the month in which the initial public offering is completed to and including
the
earlier of the month in which (i) NRDC Acquisition Corp.’s initial business
combination is consummated and (ii) NRDC Acquisition Corp. is
liquidated.
[Remainder
of Page Intentionally Left Blank]
| Very truly yours, | |||
| NRDC ACQUISITION CORP. | |||
|
|
By:
|
||
| Name: Xxxxxxx X. Xxxxx | |||
| Title: Chief Executive Officer | |||
Agreed
and Accepted
NRDC
CAPITAL MANAGEMENT, LLC
By:
Name:
Title:
2
