CHURCHILL VENTURES LTD. July 6, 2006
EXHIBIT 10.9
CHURCHILL VENTURES LTD.
July 6, 2006
Churchill Capital Partners LLC
50 Revolutionary Road
Scarborough, New York 10510
Ladies and Gentlemen:
This letter will confirm our agreement that commencing on June 1, 2006 Churchill Capital Partners LLC (CP) shall make available to Churchill Ventures Ltd. (CVL) certain office space and general and administrative services as may be required by CVL, situated at 50 Revolutionary Road, Scarborough, New York, 10510. In exchange therefore, CVL shall pay CP the sum of $7,500 per month. CVL will pay CP the $7,500 monthly fee each month until the earlier of (i) the completion of CVLs initial business combination and (ii) CVLs dissolution.
Very truly yours, | ||
CHURCHILL VENTURES LTD. | ||
By: | /s/Christopher Bogart | |
Name: Christopher Bogart | ||
Title: Chief Executive Officer | ||
AGREED TO AND ACCEPTED BY:
CHURCHILL CAPITAL PARTNERS, LLC
By: /s/Elizabth OConnell
Name: Elizabeth OConnell
Title: Chief Financial Officer