Administrative Services Agreement between Harmony Merger Corp. and Crescendo Advisors II, LLC (2014)
Harmony Merger Corp. and Crescendo Advisors II, LLC agree that Crescendo will provide office space and administrative support to Harmony Merger Corp. at a specified New York address, starting from the company's IPO registration date until either a business combination is completed or the company is liquidated. Harmony Merger Corp. will pay Crescendo $12,500 per month for these services. Crescendo waives any claim to funds held in a trust account established from the IPO proceeds and agrees not to seek payment from those funds under any circumstances.
Exhibit 10.7
HARMONY MERGER CORP.
777 Third Avenue, 37th Floor
New York, New York 10017
_______________, 2014
Crescendo Advisors II, LLC
777 Third Avenue, 37th Floor
New York, New York 10017
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 Harmony Merger Corp. (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”), Crescendo Advisors II, 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 777 Third Avenue, 37th Floor, New York, New York 10017 (or any successor location). In exchange therefore, the Company shall pay Crescendo Advisors II, LLC the sum of $12,500 per month on the Effective Date and continuing monthly thereafter until the Termination Date. Crescendo Advisors II, 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, | ||
| HARMONY MERGER CORP. | ||
| By: | ||
| Name: | ||
| Title: | ||
| AGREED TO AND ACCEPTED BY: | ||
| CRESCENDO ADVISORS II, LLC | ||
| By: | ||
| Name: | ||
| Title: | ||
