BUILDER ACQUISITION CORP. 4902 Alameda Boulevard, NE Albuquerque, New Mexico 87113
Exhibit 10.7
BUILDER ACQUISITION CORP.
4902 Alameda Boulevard, NE
Albuquerque, New Mexico 87113
, 2006
Sivage Community Development LLC
4902 Alameda Boulevard, NE
Albuquerque, New Mexico 87113
Ladies and Gentlemen:
This letter will confirm our agreement that, commencing on the effective date (the Effective Date) of the registration statement for the initial public offering (IPO) of the securities of Builder Acquisition Corp. (the Company) and continuing until (the Termination Date) the earlier of the consummation by the Company of a Business Combination or the Companys liquidation (as described in the Companys IPO prospectus), Sivage Community Development LLC shall make available to the Company certain office and secretarial services as may be required by the Company from time to time, situated at 4902 Alameda Boulevard, NE, Albuquerque, New Mexico 87113. In exchange therefor, the Company shall pay Sivage Community Development LLC the sum of $7,500 per month beginning on the Effective Date and continuing monthly thereafter until the Termination Date.
Very truly yours, | ||
BUILDER ACQUISITION CORP. | ||
By: | ||
Name: | Michael D. Sivage | |
Title: | Chairman and Chief Executive Officer |
AGREED TO AND ACCEPTED BY: | ||
SIVAGE COMMUNITY DEVELOPMENT LLC | ||
By: | ||
Name: | Michael D. Sivage | |
Title: |