Administrative Services Agreement between FMG Acquisition Corp. and Fund Management Group LLC dated May 31, 2007

Summary

FMG Acquisition Corp. and Fund Management Group LLC have agreed that, starting from the effective date of FMG's IPO registration statement, Fund Management Group will provide general administrative services such as receptionist, secretarial, and office support. FMG Acquisition Corp. will pay $7,500 per month for these services. This arrangement will continue until FMG completes a business combination, fails to do so within 24 months, or decides to dissolve and liquidate its trust account.

EX-10.11 19 v077362_ex10-11.htm
EXHIBIT 10.11
 
 
May 31, 2007

Fund Management Group LLC
Four Forest Park
Second Floor
Farmington, CT 06032


Re: FMG ACQUISITION CORP.

Gentlemen:

This letter will confirm our agreement, that commencing on the effective date (“Effective Date”) of the registration statement (“Registration Statement”) of the initial public offering (“IPO”) of the securities of FMG Acquisition Corp. (the “Company”) and continuing until the earlier to occur of: (i) the consummation of a Business Combination (as described in the Registration Statement), (ii) failure to effect a Business Combination within 24 months from the consummation of the IPO and (iii) the date on which we determine to dissolve and liquidate our trust account as part of our plan of dissolution and liquidation, Fund Management Group, LLC shall make available to the Company certain general and administrative services, including but not limited to receptionist, secretarial and general office services. In exchange therefore, the Company shall pay Fund Management Group, LLC the sum of $7,500 per month on the Effective Date and continuing monthly thereafter.

[signature page follows]



     
 
Very truly yours,
 
FMG ACQUISITION CORP.
 
 
 
 
 
 
 
By:   /s/ Gordon Pratt
 
Name: Gordon Pratt
  Title: Chief Executive Officer and President

Agreed to and Accepted by:

FUND MANAGEMENT GROUP LLC

By:   /s/ Gordon Pratt                                
[     ]
Managing Member