PHOENIX INDIA ACQUISITION CORP.
EXHIBIT
10.6
January
11, 2006
Phoenix
Capital Partners, LLC
000
Xxxxxxx Xxxxxx
00xx
Xxxxx
Xxx
Xxxx,
XX 00000
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”) 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 Xxxxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000
(or
any successor location). In exchange therefor, the Company shall pay to Phoenix
Capital the sum of $5,000 per month (the “Fee”) on the Effective Date and
continuing monthly thereafter. This agreement supecedes in its entirety our
prior agreement, dated November 21, 2005, regarding such services.
| PHOENIX INDIA ACQUISITION CORP. | ||
| |
|
|
| By: | /s/ Xxxxxxx Xxxxxxx | |
|
Name: Xxxxxxx Xxxxxxx Title: Executive Vice-President and Secretary |
||
| AGREED TO AND ACCEPTED BY: | ||
| Phoenix Capital Partners, LLC | ||
| |
|
|
| Date: January 11, 2006 | By: | /s/ Xxxxxx Xxxxxx |
|
Name:
Xxxxxx Xxxxxx
Title: Manager |
||
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