Administrative Services Agreement between TM Entertainment and Media, Inc. and Theodore S. Green and Malcolm Bird
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Summary
TM Entertainment and Media, Inc. agrees with Theodore S. Green and Malcolm Bird to provide administrative services and office space in New York City starting from the company's IPO effective date until either a business combination or company liquidation. In return, the company will pay $7,500 on the effective date and on the first day of each following month. The agreement outlines the provision of services and payment terms during this period.
EX-10.6 12 y36115exv10w6.htm EX-10.6: FORM OF ADMINISTRATIVE SERVICE AGREEMENT EX-10.6
Exhibit 10.6
TM ENTERTAINMENT AND MEDIA, INC.
[ ], 2007
Theodore S. Green
Malcolm Bird
c/o TM Entertainment and Media, Inc.
307 East 87th Street
New York, NY 10128
Malcolm Bird
c/o TM Entertainment and Media, Inc.
307 East 87th Street
New York, NY 10128
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 Units of TM Entertainment and Media, Inc. (the Company) and continuing until the consummation by the Company of a Business Combination (as described in the Companys IPO prospectus) or its liquidation, you shall make available to the Company certain administrative services, as well as the use of certain office space in New York City, as may be required by the Company from time to time, situated at 307 East 87th Street (or any successor location). In exchange therefor, the Company shall pay you, one of your affiliates or a third-party the sum of $7,500 on the Effective Date and the first day of each month thereafter.
Very truly yours, TM ENTERTAINMENT AND MEDIA, INC. | ||||
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