Lambert's Cove Holdings, LLC
____________,
2008
Xxxxxxx'x
Cove Holdings, LLC
000
Xxxx
Xxxxxxxxx, Xxxxx 000
Atlanta,
GA 30308
RE: |
XXXXXXX’X
COVE ACQUISITION CORPORATION
|
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 Xxxxxxx’x Cove
Acquisition Corporation (the “Company”) and continuing until the earlier to
occur of: (i) the consummation of a Business Combination (as described in the
Registration Statement) and (iii) 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,
Xxxxxxx’x Cove Acquisition Holdings LLC 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 Xxxxxxx’x Cove Acquisition Holdings LLC the sum of $10,000
per month on the Effective Date and continuing monthly thereafter.
Very truly yours, | ||
XXXXXXX’X COVE ACQUISITION CORPORATION | ||
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By: | ||
Name: |
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Title: |
Accepted and agreed: | ||||
XXXXXXX’X COVE HOLDINGS, LLC | ||||
By: | ||||
Name: |
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Title: |