Administrative Support Agreement between KBL Healthcare Acquisition Corp. II and KBL Healthcare Ventures
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Summary
KBL Healthcare Acquisition Corp. II and KBL Healthcare Ventures have agreed that, starting from the effective date of KBL's IPO registration statement and continuing until either a business combination is completed or KBL is liquidated, KBL Healthcare Ventures will provide office space and secretarial services to KBL at a specified New York address. In return, KBL will pay $7,500 per month for these services until the agreement ends.
EX-10.12 26 file023.htm ADMINISTRATIVE SUPPORT LETTER
EXHIBIT 10.12 KBL HEALTHCARE ACQUISITION CORP. II , 2005 ---------------- KBL Healthcare Ventures 645 Madison Avenue, 14th Floor New York, New York 10022 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 KBL Healthcare Acquisition Corp. II ("KBL") and continuing until (the "Termination Date") the earlier of the consummation by KBL of a "Business Combination" or KBL's liquidation (as described in KBL's IPO prospectus), KBL Healthcare Ventures shall make available to KBL certain office and secretarial services as may be required by KBL from time to time, situated at 645 Madison Avenue, 14th Floor, New York, New York 10022. In exchange therefore, KBL shall pay KBL Healthcare Ventures the sum of $7,500 per month on the Effective Date and continuing monthly thereafter until the Termination Date. Very truly yours, KBL HEALTHCARE ACQUISITION CORP. II By: ---------------------------------- Name: Marlene Krauss, M.D. Title: Chief Executive Officer AGREED TO AND ACCEPTED BY: KBL HEALTHCARE VENTURES By: ------------------ Name: Title:
