Exhibit 10.5
INTER-ATLANTIC FINANCIAL, INC.
_____________ __, 2007
Inter-Atlantic Financial, Inc.
000 Xxxxxxx Xxxxxx
Xxx Xxxx, XX 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 Inter-Atlantic Financial, Inc.
("Inter-Atlantic") and continuing until the earlier of the consummation by
Inter-Atlantic Financial, Inc. of a "Business Combination" or Inter-Atlantic
Financial, Inc.'s liquidation (as described in Inter-Atlantic Financial, Inc.'s
IPO prospectus) (the "Termination Date"), Inter-Atlantic Management Services LLC
shall make available to Inter-Atlantic Financial, Inc. certain office space,
utilities, administrative, technology and secretarial services as may be
required by Inter-Atlantic Financial, Inc. from time to time. In exchange
therefor, Inter-Atlantic Financial, Inc. shall pay Inter-Atlantic Management
Services LLC up to $7,500 per month on the Effective Date and continuing monthly
thereafter until the Termination Date.
Very truly yours,
INTER-ATLANTIC FINANCIAL, INC.
By:
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Name:
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Title:
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AGREED TO AND ACCEPTED BY:
INTER-ATLANTIC MANAGEMENT SERVICES LLC
By:
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Name:
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Title:
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