Vickers Vantage Corp. I

Exhibit 10.3 

Xxxxxxx Vantage Corp. I

0 Xxxxxxxxxxxx Xxxxxx, #00-00, Xxxxxx Xxx Xxxxx

Xxxxxxxxx 000000, Singapore

January 6, 2020

Xxxxxxx Venture Partners

0 Xxxxxxxxxxxx Xxxxxx, #00-00

Xxxxxx Xxx Xxxxx, Xxxxxxxxx 000000

Ladies and Gentlemen:

This letter will confirm our agreement that, commencing on the effective date (the “Effective Date”) of the registration statement (the “Registration Statement”) for the initial public offering (the “IPO”) of securities of Xxxxxxx Vantage Corp. I (the “Company”) and continuing until the earlier of (i) the consummation by the Company of an initial business combination or (ii) the Company’s liquidation (in each case as described in the Registration Statement) (such earlier date hereinafter referred to as the “Termination Date”), Xxxxxxx Venture Partners shall make available to the Company certain office space and administrative and support services as may be required by the Company from time to time, situated at 0 Xxxxxxxxxxxx Xxxxxx, #00-00, Xxxxxx Xxx Xxxxx, Xxxxxxxxx 000000, Singapore (or any successor location) at no cost to the Company. Xxxxxxx Venture Partners hereby agrees that it does not have any right, title, interest or claim of any kind in or to any monies that may be set aside in a trust account (the “Trust Account”) to be established upon the consummation of the IPO (the “Claim”) and hereby waives any Claim it may have in the future as a result of, or arising out of, any negotiations, contracts or agreements with the Company and will not seek recourse against the Trust Account for any reason whatsoever.

[Signature Page Follows] 

	Very truly yours,
	XXXXXXX VANTAGE CORP. I
	By:	/s/ Xxxxxxx Xxx
		Name:	Xxxxxxx Xxx
		Title:	Chief Executive Officer

AGREED TO AND ACCEPTED BY:
XXXXXXX VENTURE PARTNERS
By:	/s/ Xxxxxxx Xxx
	Name:	Xxxxxxx Xxx
	Title:	Managing Member

[Signature Page to Administrative Services Agreement]