Office Space and Administrative Support Agreement between InterAmerican Acquisition Group Inc. and InterAmerican Advisors, LLC

Contract Categories: Business Operations › Administration Agreements
Summary

InterAmerican Acquisition Group Inc. and InterAmerican Advisors, LLC agree that, starting from the effective date of the company's IPO registration statement and continuing until either a business combination is completed or the company is liquidated, InterAmerican Advisors, LLC will provide office space, utilities, and secretarial support at a specified San Diego address. The company will pay $10,000 per month for these services for up to twelve months, after which the services will be provided free of charge until the agreement ends.

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EX-10.11 21 file21.htm FORM OF LETTER AGREEMENT 
  Exhibit 10.11 INTERAMERICAN ACQUISITION GROUP INC. , 2007 InterAmerican Advisors, LLC 2918 Fifth Avenue South, Suite 209 San Diego, California 92103 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 InterAmerican Acquisition Group Inc. (the "Company") and continuing until the earlier of the consummation by the Company of a "Business Combination" or the Company's liquidation (as described in the Company's IPO prospectus) (the "Termination Date"), InterAmerican Advisors, 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 2918 Fifth Avenue South, Suite 209, San Diego, California 92103. In exchange therefor, the Company shall pay InterAmerican Advisors, LLC the sum of $10,000 per month on the Effective Date and continuing monthly thereafter for up to twelve months. Thereafter, InterAmerican Advisors, LLC will provide administrative support without charge until the Termination Date. Very truly yours, INTERAMERICAN ACQUISITION GROUP INC. By: ------------------------------------ Name: William C. Morro Title: Chief Executive Officer AGREED TO AND ACCEPTED BY: INTERAMERICAN ADVISORS, LLC By: --------------------------------- Name: William C. Morro Title: Authorized Signatory