Office and Secretarial Services Agreement between Sand Hill IT Security Acquisition Corp. and Sand Hill Security LLC
Sand Hill IT Security Acquisition Corp. and Sand Hill Security LLC have agreed that, starting from the effective date of Sand Hill IT Security Acquisition Corp.'s initial public offering and continuing until the company completes a business combination, Sand Hill Security LLC will provide office space and secretarial services at a specified Menlo Park address. In return, Sand Hill IT Security Acquisition Corp. will pay Sand Hill Security LLC $7,500 per month for these services.
Exhibit 10.11
SAND HILL IT SECURITY ACQUISITION CORP.
, 2004
Sand Hill Security LLC
3000 Sand Hill Road
Building 1, Suite 240
Menlo Park, California 94025
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 Sand Hill IT Security Acquisition Corp. (“TAC”) and continuing until the consummation by TAC of a “Business Combination” (as described in TAC’s IPO prospectus), Sand Hill Security LLC shall make available to TAC certain office and secretarial services as may be required by TAC from time to time, situated at 3000 Sand Hill Road, Building 1, Suite 240, Menlo Park, California 94025. In exchange therefore, TAC shall pay Sand Hill Security LLC the sum of $7,500 per month on the Effective Date and continuing monthly thereafter.
| Very truly yours, | ||
| SAND HILL IT SECURITY ACQUISITION CORP. | ||
| By: | ||
| Name: | Humphrey P. Polanen | |
| Title: | Chairman of the Board | |
| AGREED TO AND ACCEPTED BY: | ||
| SAND HILL SECURITY LLC | ||
| By: | ||
| Name: | ||
| Title: | ||
