ECHO HEALTHCARE ACQUISITION CORP. 8000 Towers Crescent Drive, Suite 1300 Vienna, Virginia 22182
ECHO HEALTHCARE ACQUISITION CORP.
8000 Towers Crescent Drive, Suite 1300
Vienna, Virginia 22182
August ___, 2005
Windy City, Inc.
8000 Towers Crescent Drive
Suite 1300
Vienna, Virginia 22182
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 Echo Healthcare Acquisition Corp. (Echo), and continuing until the earlier of the consummation by Echo of a Business Combination (as described in Echos prospectus relating to the IPO) or Echos liquidation (such date the Termination Date), Windy City, Inc. (Windy City) shall make available to Echo certain office and secretarial services as may be required by Echo from time to time, situated at 8000 Towers Crescent Drive, Suite 1300, Vienna, Virginia 22182. In exchange therefore, Echo shall pay Windy City the sum of $7,500 per month commencing on the Effective Date and continuing monthly thereafter until the Termination Date. Echo has informed Windy City that certain net proceeds from the IPO are held in trust (the Trust Fund) for the benefit of the public stockholders as more fully described in the Companys IPO prospectus. By agreeing and signing below, Windy City hereby waives any and all rights, interests, claims, demands, damages, actions, causes of action or suit of any nature whatsoever, known or unknown, foreseen or unforeseen, in law or equity, that Windy City may have against Echo or the Trust Fund in respect of funds held in the Trust Fund for the benefit of such public stockholders.
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Very truly yours,
ECHO HEALTHCARE ACQUISITION CORP. |
By: __________________________________ | ||
Name: Kevin Pendergest |
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Title: Chief Financial Officer and Treasurer |
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AGREED TO AND ACCEPTED BY:
WINDY CITY, INC.
By: ______________________________
Name: Joel Kanter
Title: President