Office and Secretarial Services Agreement between Services Acquisition Corp. International and SB Management Corp.
Services Acquisition Corp. International (SACI) and SB Management Corp. have agreed that, starting from SACI's IPO effective date until either SACI completes a business combination or is liquidated, SB Management Corp. will provide office space and secretarial services to SACI at a specified address in Fort Lauderdale, Florida. SACI will pay SB Management Corp. $4,875 per month for these services, with payments beginning on the IPO effective date and continuing monthly until the agreement ends.
Exhibit 10.8
SERVICES ACQUISITION CORP. INTERNATIONAL
401 East Olas Boulevard, Suite 1140
Fort Lauderdale, FL 33301
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| March 29 , 2005 | |
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SB MGT Corp.
401 East Las Olas Boulevard, Suite 1140
Fort Lauderdale, FL 33301
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 Services Acquisition Corp. International (“SACI”) and continuing until (the “Termination Date”) the earlier of the consummation by SACI of a “Business Combination” or SACI’s liquidation (as described in SACI’s IPO prospectus), SB Management Corp. shall make available to SACI certain office and secretarial services as may be required by SACI from time to time, situated at 401 East Las Olas Boulevard, Suite 1140, Fort Lauderdale, FL 33301. In exchange therefore, SACI shall pay SB Management Corp. the sum of $4,875 per month on the Effective Date and continuing monthly thereafter until the Termination Date.
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| Very truly yours, |
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| SERVICES ACQUISITION CORP. INTERNATIONAL |
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| By: | /s/ Thomas E. Aucamp |
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| Name: Thomas E. Aucamp | |
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| Title: Vice President | |
| AGREED TO AND ACCEPTED BY: |
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| SB MANAGEMENT CORP. |
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| By: | /s/ Thomas Byrne |
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| Name: Thomas Byrne |
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| Title: President |
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