Value Insights LLP Level 30-31, Six Battery Road Raffles Place Singapore 049909 Re: INDAS GREEN ACQUISITION CORPORATION Gentlemen:
Exhibit
10.5
____________,
2008
Value
Insights LLP
Level
30-▇▇, ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇
Raffles
Place
Singapore
049909
Re: INDAS
GREEN ACQUISITION CORPORATION
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 of the securities of Indas Green Acquisition
Corporation (the “Company”) and continuing until the earlier to occur of: (i)
the consummation of a Business Combination (as described in the Registration
Statement), (ii) 24 or 36 months, as applicable, from the Effective Date and
(iii) the date on which the Company ceases its corporate existence in accordance
with its Amended and Restated Memorandum and Articles of Association, Value
Insights LLP 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 Value
Insights LLP the sum of $7,500 per month on the Effective Date and continuing
monthly thereafter.
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Very
truly yours,
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INDAS
GREEN ACQUISITION CORPORATION
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By:
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Name:
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Title:
President
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Agreed
to and Accepted by:
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VALUE
INSIGHTS LLP
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By:
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Name:
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Title:
President
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