Office and Secretarial Services Agreement between Middle Kingdom Alliance Corporation and Service Providers
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Summary
Middle Kingdom Alliance Corporation agrees with Primus Capital LLC, Michael Marks, MTP Holdings Ltd., and Allan Shu Cheuk Lam to provide office and secretarial services to the company starting from the effective date of its IPO registration statement. This arrangement continues until the company completes a business combination or for up to 18–24 months, depending on certain conditions. In return, the company will pay a total of $7,500 per month, allocated among the service providers as directed.
EX-10.5 18 v057128_ex10-5.htm
Exhibit 10.5
MIDDLE KINGDOM ALLIANCE CORPORATION
[_____], 2006
Primus Capital LLC
333 Sandy Springs Circle, Ste 223
Atlanta, GA 30328
Michael Marks
35125 CITIC Square
1168 Nanjing Road West
Shanghai, China 200041
MTP Holdings Ltd.
Room 804, Hong Kong Plaza
283 Huaihai Zhong Road,
Shanghai 200021, P.R. China
Allan Shu Cheuk Lam
82-9133 Bayview Avenue
Richmond Hill
Ontario L4B 4V6
Canada
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 Middle Kingdom Alliance Corporation (the “Company”) and continuing (i) until the consummation by the Company of a “Business Combination” (as described in the Company’s IPO prospectus), OR (ii) the later of (a) 18 months from commencement of the IPO if the Company does not effect a Business Combination, or (b) 24 months from the consummation of the IPO if a letter of intent, agreement in principle or definitive agreement has been executed within 18 months of commencement of the IPO and the Company has not effected a Business Combination, the above entities and individuals shall make available to the Company certain office and secretarial services as may be required by the Company from time to time. In exchange therefore, the Company shall allocate among Primus Capital LLC, Michael Marks, MTP Holdings LLC and Allan Lam the sum of $7,500 per month on the Effective Date and continuing monthly thereafter, as directed by the parties.
Very truly yours, | ||
MIDDLE KINGDOM ALLIANCE CORP. | ||
| | |
By: | ||
Bernard J. Tanenbaum III, CEO | ||
AGREED TO AND ACCEPTED BY:
PRIMUS CAPITAL, LLC
By: Bernard J. Tanenbaum III, Chief Executive Officer
MICHAEL MARKS
MTP HOLDINGS LTD.
By: Alex Chun Yao, Director
ALLAN SHU CHEUK LAM
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