Administrative Support and Office Space Agreement between WinVest Acquisition Corp. and WinVest SPAC LLC
WinVest Acquisition Corp. and WinVest SPAC LLC agree that, starting from the effective date of WinVest Acquisition Corp.'s IPO registration statement until either a business combination is completed or the company is liquidated, WinVest SPAC LLC will provide office space, utilities, and administrative support to WinVest Acquisition Corp. at a specified address. In return, WinVest Acquisition Corp. will pay WinVest SPAC LLC $10,000 per month. WinVest SPAC LLC waives any claim to funds held in the company's IPO trust account and agrees not to seek payment from those funds.
Exhibit 10.6
WinVest Acquisition Corp.
125 Cambridgepark Drive, Suite 301
Cambridge, Massachusetts 02140
September 14, 2021
WinVest SPAC LLC
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 | |
