Office and Secretarial Services Agreement between Alpha Security Group Corporation and ASG Management, Inc.

Summary

Alpha Security Group Corporation and ASG Management, Inc. have agreed that, starting from the effective date of Alpha's IPO registration statement and continuing until Alpha completes a business combination or is liquidated, ASG Management will provide office space and secretarial services to Alpha at a specified New York address. In return, Alpha will pay ASG Management $7,500 per month until the agreement ends.

EX-10.5(1) 16 b408330ex10_5-1.txt EXHIBIT 10.5.1 Exhibit 10.5.1 ALPHA SECURITY GROUP CORPORATION August 26, 2005 ASG Management, Inc. 328 West 77th Street New York, New York 10024 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 Alpha Security Group Corporation ("Alpha") and continuing until (the "Termination Date") the earlier of the consummation by Alpha of a "Business Combination" or Alpha's liquidation (as described in Alpha's IPO prospectus), ASG Management, Inc. shall make available to Alpha certain office and secretarial services as may be required by Alpha from time to time, situated at 328 West 77th Street, New York, New York 10024. In exchange therefore, Alpha shall pay ASG Management, Inc. the sum of $7,500 per month on the Effective Date and continuing monthly thereafter until the Termination Date. Very truly yours, ALPHA SECURITY GROUP CORPORATION By: /s/ Steven M. Wasserman ------------------------------------------ Name: Steven M. Wasserman Title: Chief Executive Officer and President AGREED TO AND ACCEPTED BY: ASG MANAGEMENT, INC. By: /s/ Steven M. Wasserman --------------------------- Name: Steven M. Wasserman Title: President