Administrative Services Agreement between Austerlitz Acquisition Corporation II and Cannae Holdings, Inc.
Austerlitz Acquisition Corporation II and Cannae Holdings, Inc. have agreed that Cannae Holdings will provide office space, secretarial, and administrative services to Austerlitz Acquisition Corporation II for $5,000 per month. This arrangement begins on the effective date of the company's IPO registration statement and continues until the company completes a business combination or is liquidated. Cannae Holdings also waives any claim to funds held in the company's IPO trust account and agrees not to seek payment from those funds under any circumstances.
Exhibit 10.4
Austerlitz Acquisition Corporation II
1701 Village Center Circle
Las Vegas, NV 89134
March 2, 2021
Cannae Holdings, Inc.
1701 Village Center Circle
Las Vegas, NV 89134
Ladies and Gentlemen:
This letter will confirm our agreement that, commencing on the effective date (the “Effective Date”) of the registration statement (the “Registration Statement”) for the initial public offering (the “IPO”) of the securities of Austerlitz Acquisition Corporation II (the “Company”) and continuing until the earlier of (i) the completion by the Company of an initial business combination or (ii) the Company’s liquidation (in each case as described in the Registration Statement) (such earlier date hereinafter referred to as the “Termination Date”), Cannae Holdings, Inc. (“Cannae Holdings”) or an affiliate thereof shall take steps, directly or indirectly, to make available to the Company certain office space, secretarial and administrative services as may be required by the Company from time to time, situated at 1701 Village Center Circle, Las Vegas, NV 89134 (or any successor location). In exchange therefore, the Company shall pay Cannae Holdings a sum of $5,000 per month, respectively, on the Effective Date and continuing monthly thereafter until the Termination Date. Cannae Holdings hereby agrees that it does not have any right, title, interest or claim of any kind in or to any monies that may be set aside in a trust account (the “Trust Account”) that may be established upon the consummation of the IPO (the “Claim”) and hereby waives any Claim it may have in the future as a result of, or arising out of, any negotiations, contracts or agreements with the Company and will not seek recourse against the Trust Account for any reason whatsoever.
[Signature Page Follows]
| Very truly yours, | ||
| AUSTERLITZ ACQUISITION CORPORATION II | ||
| By: | /s/ Michael L. Gravelle | |
| Name: Michael L. Gravelle | ||
| Title: General Counsel and Corporate Secretary | ||
| AGREED TO AND ACCEPTED BY: | ||
| CANNAE HOLDINGS, INC. | ||
| By: | /s/ Michael L. Gravelle | |
| Name: Michael L. Gravelle | ||
| Title: Executive Vice President, General Counsel and Corporate Secretary | ||
[Signature Page to Administrative Services Agreement]
