TERRA NOVA ACQUISITION CORPORATION
______________, 2005
▇▇▇▇▇▇▇▇▇ Management Corp.
▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇
▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇ ▇▇▇
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 Terra Nova Acquisition Corporation
("TNAC") and continuing until (the "Termination Date") the earlier of the
consummation by TNAC of a "Business Combination" or TNAC's liquidation (as
described in TNAC's IPO prospectus), ▇▇▇▇▇▇▇▇▇ Management Corp. shall make
available to TNAC certain office and secretarial services as may be required by
TNAC from time to time, situated at ▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇,
▇▇▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇ ▇▇▇. In exchange therefore, TNAC shall pay ▇▇▇▇▇▇▇▇▇
Management Corp. the sum of US$7,500 per month on the Effective Date and
continuing monthly thereafter until the Termination Date.
Very truly yours,
TERRA NOVA ACQUISITION CORPORATION
By:
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Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇
Title:
AGREED TO AND ACCEPTED BY:
▇▇▇▇▇▇▇▇▇ MANAGEMENT CORP.
By:
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Name:
Title:
