Administrative Services Agreement between Capitol Acquisition Corp. II and Venturehouse Group, LLC
Capitol Acquisition Corp. II and Venturehouse Group, LLC have agreed that Venturehouse will provide office space and administrative support services to Capitol Acquisition Corp. II at a specified address in Washington, D.C. In return, Capitol Acquisition Corp. II will pay Venturehouse $7,500 per month, starting from the effective date of the company's IPO registration statement until either a business combination is completed or the company is liquidated. Venturehouse also waives any claim to funds held in the company's IPO trust account.
Exhibit 10.8
CAPITOL ACQUISITION CORP. II
509 7th Street, N.W.
Washington, D.C. 20004
_______________, 2013
Venturehouse Group, LLC
509 7th Street, N.W.
Washington, D.C. 20004
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 the securities of Capitol Acquisition Corp. II (the “Company”) 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”), Venturehouse Group, LLC shall make available to the Company certain office space and administrative and support services as may be required by the Company from time to time, situated at 509 7th Street, N.W., Washington, D.C. 20004 (or any successor location). In exchange therefore, the Company shall pay Venturehouse Group, LLC the sum of $7,500 per month on the Effective Date and continuing monthly thereafter until the Termination Date. Venturehouse Group, 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”) that may 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.
Very truly yours,
CAPITOL ACQUISITION CORP. II
By:
Name: L. Dyson Dryden
Title: Chief Financial Officer
AGREED TO AND ACCEPTED BY:
VENTUREHOUSE GROUP, LLC
By:
Name: Mark D. Ein
Title: Chief Executive Officer
