Administrative Services Agreement, dated February 16, 2021, between the Company and Moringa Acquisition Sponsor, L.P

Contract Categories: Business Operations - Services Agreements
EX-10.4 8 ea136177ex10-4_moringaacq.htm ADMINISTRATIVE SERVICES AGREEMENT, DATED FEBRUARY 16, 2021, BETWEEN THE COMPANY AND MORINGA ACQUISITION SPONSOR, L.P

Exhibit 10.4

 

Moringa Acquisition Corp
250 Park Avenue, 7th Floor
New York, New York 10177

 

February 16, 2020

 

Moringa Sponsor US L.P.
250 Park Avenue, 7th Floor
New York, New York 10177

 

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 Moringa 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”), Moringa Sponsor US L.P. shall, or shall cause its affiliates to, make available to the Company certain office space, utilities, secretarial support and other administrative support and services as may be required by the Company from time to time, situated at 250 Park Avenue, 7th Floor, New York, New York 10177 (or any successor location). In exchange therefore, the Company shall pay Moringa Sponsor US L.P. the sum of $10,000 per month on the Effective Date and continuing monthly thereafter until the Termination Date. Moringa Sponsor US L.P. 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.

 

 

[Signature Page Follows]

 

 

 

 

  Very truly yours,
       
  MORINGA ACQUISITION CORP
       
  By: /s/ Gil Maman
    Name: Gil Maman
    Title: CFO

 

AGREED TO AND ACCEPTED BY:  
       
MORINGA SPONSOR US L.P.  
       
By: /s/ Ilan Levin  
Name: Ilan Levin  
  Title: Director  

 

 

[SIGNATURE PAGE TO ADMINISTRATIVE SERVICES AGREEMENT]