GLOBAL SERVICES PARTNERS ACQUISITION CORP.
Exhibit 10.12
GLOBAL SERVICES PARTNERS ACQUISITION CORP.
, 2005
Everest Telecom LLC
0000 Xxx Xxxxxxx, 0xx Floor
Fairfax, Virginia 22031
Gentlemen:
This letter will confirm our agreement that, commencing on the effective date (“Effective Date”) of the registration statement for the initial public offering of the securities of Global Services Partners Acquisition Corp. (“Company”) and continuing until (the “Termination Date”) the earlier of the consummation by the Company of a “Business Combination” or the Company’s liquidation, Everest Telecom LLC shall make available to the Company certain office and administrative services as may be required by the Company from time to time, situated at 0000 Xxx Xxxxxxx, 0xx Xxxxx, Xxxxxxx, XX 00000. In exchange therefore, the Company shall pay Everest Telecom LLC the sum of $7,500 per month on the Effective Date and continuing monthly thereafter until the Termination Date.
| Very truly yours, | ||
| GLOBAL SERVICES PARTNERS ACQUISITION CORP. | ||
| By: |
||
| Name: |
Xxxxxxxx Xxxx | |
| Title: |
President | |
| AGREED TO AND ACCEPTED BY: | ||
| EVEREST TELECOM LLC | ||
| By: | ||
| Name: |
Xxxxx Xxxxxxx | |
| Title: |
Chief Executive Officer | |
