0001575705-21-000441 Sample Contracts

Bannix Acquisition Corp.
Administrative Services Agreement • July 16th, 2021 • Bannix Acquisition Corp. • Blank checks • Delaware

This letter agreement by and between Bannix Acquisition Corp. (the “Company”) and Bannix Management LLP (“Partnership”), dated as of the date hereof, will confirm our agreement that, commencing on the date the securities of the Company are first listed on The Nasdaq Capital Market (the “Listing Date”), pursuant to a Registration Statement on Form S-1 and prospectus filed with the U.S. Securities and Exchange Commission (the “Registration Statement”) and continuing until the earlier of the consummation by the Company of an initial business combination or the Company’s liquidation (in each case as described in the Registration Statement) (such earlier date hereinafter referred to as the “Termination Date”):

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