Administrative Services Agreement, dated January 19, 2021, by and between the Company and the Sponsor
Exhibit 10.4
FoxWayne Enterprises Acquisition Corp.
1 Rockefeller Plaza, Suite 1039
New York, New York 10020
January 19, 2021
FoxWayne Enterprises Acquisition Sponsor LLC
1 Rockefeller Plaza, Suite 1039
New York, New York 10020
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 FoxWayne Enterprises Acquisition Corp.’s (the “Company”) securities and continuing until the earlier of (i) the consummation 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”), FoxWayne Enterprises Acquisition Sponsor LLC shall make available to the Company certain office space, utilities and secretarial support as may be required by the Company from time to time, situated at 1 Rockefeller Plaza, Suite 1039, New York, New York 10020 (or any successor location). In exchange therefore, the Company shall pay FoxWayne Enterprises Acquisition Sponsor LLC the sum of $10,000 per month on the Effective Date and continuing monthly thereafter until the Termination Date. FoxWayne Enterprises Acquisition Sponsor LLC 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”) to 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.
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Very truly yours, | ||
FOXWAYNE ENTERPRISES ACQUISITION CORP. | ||
By: | /s/ Robb Knie | |
Name: | Robb Knie | |
Title: | Chief Executive Officer |
AGREED TO AND ACCEPTED BY: | ||
FOXWAYNE ENTERPRISES ACQUISITION SPONSOR, LLC | ||
By: | /s/ Robb Knie | |
Name: | Robb Knie | |
Title: | Managing Member |
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