Office and Secretarial Services Agreement between Santa Monica Media Corporation and Santa Monica Capital Corporation, Inc. (July 2005)

Summary

Santa Monica Media Corporation (SMMC) and Santa Monica Capital Corporation, Inc. have agreed that, starting July 5, 2005, Santa Monica Capital will provide SMMC with office space and secretarial services at a specified Los Angeles address. SMMC will pay $7,500 per month for these services. The agreement will continue until SMMC completes a business combination or 24 months have passed, whichever comes first.

EX-10.7 16 v025666_ex10-7.txt EXHBIT 10.7 SANTA MONICA MEDIA CORPORATION July 5, 2005 Santa Monica Capital Corporation 9229 Sunset Boulevard, Suite 505 Los Angeles, CA 90069 Ladies and Gentlemen: This letter will confirm our agreement that, commencing on July 5, 2005 and continuing until (the "Termination Date") the earlier of a business consummation by Santa Monica Media Corporation ("SMMC") of a "Business Combination" or twenty four months from the date hereof, Santa Monica Capital Corporation, Inc. shall make available to SMMC certain office and secretarial services as may be required by SMMC from time to time, situated at 9229 Sunset Boulevard, Suite 505 Los Angeles, CA 90069. In exchange therefore, SMMC shall pay Santa Monica Capital Corp., Inc. the sum of $7,500 per month. Very truly yours, SANTA MONICA MEDIA CORPORATION By: /s/ David Marshall -------------------------------- Name: David Marshall Title: David Marshall AGREED TO AND ACCEPTED BY: SANTA MONICA CAPITAL CORPORATION, INC. By: /s/ David Marshall ----------------------------------- Name: David Marshall Title: President