Office Services Agreement between Millstream Acquisition Corporation and 400 Building LLC (May 2003)
Millstream Acquisition Corporation (MAC) and 400 Building LLC agree that, starting from the effective date of MAC's initial public offering and continuing until MAC completes a business combination, 400 Building LLC will provide office space and secretarial services to MAC at a specified address in Wayne, Pennsylvania. In return, MAC will pay 400 Building LLC $7,500 per month for these services. The agreement is confirmed and signed by both parties.
Exhibit 10.8
MILLSTREAM ACQUISITION CORPORATION
May , 2003
400 Building LLC
c/o Arthur Spector
435 Devon Park Drive
Building 400
Wayne, Pennsylvania 19087
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 Millstream Acquisition Corporation ("MAC") and continuing until the consummation by MAC of a "Business Combination" (as described in MAC's IPO Prospectus), 400 Building LLC shall make available to MAC certain office and secretarial services as may be required by MAC from time to time, situated at 435 Devon Park Drive, Wayne, Pennsylvania 19087. In exchange therefore, MAC shall pay 400 Building LLC the sum of $7,500 per month on the Effective Date and continuing monthly thereafter.
Very truly yours, | ||||||
MILLSTREAM ACQUISITION CORPORATION | ||||||
By: | ||||||
Name: | Arthur Spector | |||||
Title: | Chairman of the Board, Chief Executive Officer and President |
AGREED TO AND ACCEPTED BY:
400 Building LLC
By: | ||||
Name: Arthur Spector Title: Manager |