Administrative Services Agreement, dated September 14, 2021, between the Company and the Sponsor

Contract Categories: Business Operations - Services Agreements
EX-10.6 11 ex10-6.htm


Exhibit 10.6


WinVest Acquisition Corp.

125 Cambridgepark Drive, Suite 301

Cambridge, Massachusetts 02140


September 14, 2021



125 Cambridgepark Drive, Suite 301

Cambridge, Massachusetts 02140


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 WinVest Acquisition 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”), WinVest SPAC LLC (the “Sponsor”) shall make available to the Company certain office space, utilities and secretarial and administrative support as may be required by the Company from time to time, situated at 125 Cambridgepark Drive, Suite 301, Cambridge, Massachusetts 02140 (or any successor location). In exchange therefor, the Company shall pay the Sponsor the sum of $10,000 per month on the Effective Date and continuing monthly thereafter until the Termination Date. The Sponsor 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”) to 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,
  WinVest acquisition corp.
  By: /s/ Manish Jhunjhunwala
  Name: Manish Jhunjhunwala
  Title: Chief Executive Officer and Chief Financial Officer


Acknowledged and Agreed:  
WinVest SPAC LLC  
By: /s/ Jeff LeBlanc  
Name: Jeff LeBlanc  
Title: Managing Member