FORM OF LETTER AGREEMENT JK ACQUISITION CORP./4350 MANAGEMENT, LLC
Exhibit 10.7
FORM OF LETTER AGREEMENT
, 2005
4350 Management, LLC
0000 Xxx Xxxxxx
Xxxxx 0000
Xxxxxxx, Xxxxx 00000
Gentlemen:
This letter will confirm our agreement that, commencing on the effective date (“Effective Date”) of the registration statement for the initial public offering (“IPO”) of the securities of JK Acquisition Corp. (“Company”) and continuing until the consummation by the Company of a “Business Combination” (as described in the Company’s IPO prospectus), 4350 Management, LLC shall make available to the Company certain limited administrative, technology and secretarial services, as well as the use of certain limited office space, including a conference room, in Houston, Texas, as may be required by the Company from time to time, situated at Xxxxx 0000, 0000 Xxx Xxxxxx, Xxxxxxx Texas (or any successor location). In exchange therefor, the Company shall pay 4350 Management, LLC the sum of $7,500 per month on the Effective Date and continuing monthly thereafter.
| Very truly yours, JK ACQUISITION CORP. |
||
| By: Xxxxx X. Xxxxxxxxxxx | ||
| Title: President | ||
| AGREED TO AND ACCEPTED BY: | ||
| 4350 MANAGEMENT, LLC | ||
| By: Xxxxx X. Xxxxxx | ||
| Title: Managing Member |
