PHOENIX INDIA ACQUISITION CORPORATION
EXHIBIT
10.6
PHOENIX
INDIA ACQUISITION CORPORATION
August__, 2005 |
Phoenix
Capital Partners, LLC
000
Xxxxx
Xxxxxx
Suite
401
New
York,
NY 10022
Gentlemen:
This
letter will confirm our agreement, that commencing on the effective date
(“Effective Date”) of the registration statement of the initial public offering
(“IPO”) of the securities of Phoenix India Acquisition Corp. (“Company”) and
continuing until the consummation by the Company of a “Business Combination” (as
described in the Company’s IPO prospectus), Phoenix Capital Partners, LLC
(“Phoenix Capital”) and RKP Capital, Inc. shall make available to the Company
certain administrative, technology and secretarial services, as well as the
use
of certain limited office space in New York City, as may be required by the
Company from time to time, situated at 000 Xxxxx Xxxxxx, Xxxxx 000, Xxx Xxxx,
Xxx Xxxx 00000 (or any successor location). In exchange therefor, the Company
shall pay to Phoenix Capital the sum of $7,500 per month (the “Fee”) on the
Effective Date and continuing monthly thereafter. It is understood that Phoenix
Capital shall pay a portion of the Fee to RKP Capital, Inc. for expenses
incurred in connection with the Company’s business.
Very truly yours, | ||
PHOENIX
INDIA ACQUISITION
CORP.
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By: | /s/ Xxxx Xxxxxxxx | |
Name: Xxxx Xxxxxxxx |
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Title: Chairman |
AGREED
TO AND ACCEPTED BY:
Phoenix Capital Partners, LLC
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By: | /s/ Xxxxxx Xxxxxx | |
Name: Xxxxxx Xxxxxx |
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Title: Managing Member |
RKP Capital, Inc. | ||
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By: | /s/ Xxxxx Xxxxxxxxxx | |
Name: Xxxxx Xxxxxxxxxx |
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Title: Chief Executive Officer |
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