EXHIBIT 10.12 [FORM OF WARRANT PURCHASE COMMITMENT AGREEMENT TO BE ENTERED INTO BY AND BETWEEN THE REGISTRANT AND EACH OF MESSRS. BALTER AND SLASKY.] Wedbush Morgan Securities 1000 Wilshire Blvd., 10th Floor Los Angeles, CA 90017 RE: AD.VENTURE...Warrant Purchase Commitment Agreement • August 8th, 2005 • Ad.Venture Partners, Inc. • Blank checks • New York
FORM OF WARRANT PURCHASE COMMITMENT AGREEMENT]Warrant Purchase Commitment Agreement • December 15th, 2005 • Global Logistics Acquisition CORP • Blank checks • New York
This letter agreement (the “Agreement”) will confirm the agreement of the undersigned to purchase (the “Purchase Commitment”) warrants (the “Warrants”) of Global Logistics Acquisition Corporation (the “Company”) that are included in the units (the “Units”) being sold in the Company’s initial public offering (“IPO”) pursuant to the Company’s registration statement on Form S-1 (File No. 333-128591) (as may be amended and supplemented from time to time, the “Registration Statement”). The Purchase Commitment shall be subject to the terms and conditions set forth herein.
FORM OF LETTER AGREEMENT]Warrant Purchase Commitment Agreement • January 31st, 2006 • Global Logistics Acquisition CORP • Blank checks • New York
This letter agreement will confirm our agreement that in the event we are retained by the Company to provide services relating to a possible business combination following the completion of the Company's initial public offering pursuant to the Registration Statement, we will assign our obligations to purchase Company warrants pursuant to the Warrant Purchase Agreements to a broker dealer(s) unaffiliated and independent of us. In such event, we further confirm that we will not agree to receive, and will not accept, any compensation as a result of such assignment.
FORM OF WARRANT PURCHASE COMMITMENT AGREEMENT TO BE ENTERED INTO BY AND BETWEEN THE REGISTRANT AND CHARLES M. ROYCE]Warrant Purchase Commitment Agreement • April 28th, 2005 • TAC Acquisition Corp. • New York
This letter is being delivered to you in connection with the Registration Statement on Form S-1 (File No. 333-123382) (as may be amended and supplemented from time to time, the “Registration Statement”) that was initially filed by TAC Acquisition Corp., a Delaware corporation (the “Company”), with the Securities and Exchange Commission (the “SEC”) on March 17, 2005, which relates to an underwritten initial public offering (the “IPO”) of the Company’s units (the “Units”), each comprised of one share of the Company’s common stock, par value $0.0001 per share (the “Common Stock”), and two warrants, each of which are exercisable for one share of Common Stock (each, a “Warrant”). Capitalized terms used but not otherwise defined herein shall have the meaning set forth on Schedule 1 hereto.
