May 31, 2007 Fund Management Group LLC Four Forest Park Second Floor Farmington, CT 06032 Re: FMG ACQUISITION CORP. Gentlemen:
EXHIBIT
10.11
May
31,
2007
Fund
Management Group LLC
Four
Forest Park
Second
Floor
Farmington,
CT 06032
Re: FMG
ACQUISITION CORP.
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 FMG Acquisition Corp.
(the “Company”) and continuing until the earlier to occur of: (i) the
consummation of a Business Combination (as described in the Registration
Statement), (ii) failure to effect a Business Combination within 24 months
from
the consummation of the IPO and (iii) the date on which we determine to dissolve
and liquidate our trust account as part of our plan of dissolution and
liquidation, Fund Management Group, 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 Fund Management Group, LLC the sum of $7,500 per month
on
the Effective Date and continuing monthly thereafter.
[signature
page follows]
Very
truly yours,
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By: | /s/ Xxxxxx Xxxxx |
Name: Xxxxxx Xxxxx |
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Title: Chief Executive Officer and President |
Agreed
to
and Accepted by:
FUND
MANAGEMENT GROUP LLC
By:
/s/ Xxxxxx
Xxxxx
[
]
Managing
Member