BBV VIETNAM S.E.A. ACQUISITION CORP.
Exhibit
10.5
00
XXX XXXX
XXX
XX XXXXX XXXXXXXX
XXXXX,
XXXXXXX
September
20, 2007
Bantry
Bay Ventures-Asia, LLC
00
Xxx
Xxxx
Xxx
Xx
Xxxxx Xxxxxxxx
Xxxxx,
Xxxxxxx
Ladies
and 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 BBV Vietnam S.E.A. Acquisition Corp. (the “Company”),
and
continuing for up to two years until the earlier of the consummation by the
Company of a business combination or the Company’s liquidation (as described in
the Company’s IPO prospectus) (the “Termination
Date”),
Bantry Bay Ventures-Asia, LLC shall make available to the Company certain office
as well as certain office and secretarial services as may be required by the
Company from time to time, situated at 00
Xxx
Xxxx, Xxx Xx Xxxxx Xxxxxxxx, Xxxxx, Xxxxxxx.
In
exchange therefor, the Company shall pay Bantry Bay Ventures-Asia, LLC the
sum
of $7,500 per month starting as of the Effective Date and continuing monthly
thereafter until the Termination Date.
Very
truly yours,
BBV
VIETNAM S.E.A.
ACQUISITION CORP.
By:
_________________________
Name:
Xxxx X. Xxxxx
Title:
President
AGREED
TO
AND ACCEPTED BY:
BANTRY
BAY VENTURES-ASIA, LLC
By: _________________________
Name:
Title:
