0000950144-07-007968 Sample Contracts

WARRANT AGREEMENT
Warrant Agreement • August 16th, 2007 • Ideation Acquisition Corp. • Blank checks • New York

THIS WARRANT AGREEMENT (this “Agreement”), dated as of ___, 2007, is entered into by and between Ideation Acquisition Corp., a Delaware corporation (the “Company”), and Continental Stock Transfer & Trust Company, a New York corporation (the “Warrant Agent”).

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WARRANT PURCHASE AGREEMENT
Warrant Purchase Agreement • August 16th, 2007 • Ideation Acquisition Corp. • Blank checks • Delaware

THIS WARRANT PURCHASE AGREEMENT (this “Agreement”), dated as of August 16, 2007, is entered into by and among Ideation Acquisition Corp., a Delaware corporation (the “Company”), and the purchasers listed in Schedule A hereto (each a “Purchaser” and collectively, the “Purchasers”).

IDEATION ACQUISITION CORP. 100 North Crescent Drive Beverly Hills, California 90210
Ideation Acquisition Corp. • August 16th, 2007 • Blank checks

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 Ideation Acquisition Corp. (the “Company”) and continuing until the earlier of (i) the consummation by the Company of a “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”), Clarity Partners, L.P. shall make available to the Company certain office space and administrative and support services as may be required by the Company from time to time, situated at 100 North Crescent Drive, Beverly Hills, California 90210. In exchange therefore, the Company shall pay Clarity Partners, L.P. the sum of $7,500 per month on the Effective Date and continuing monthly thereafter until the Termination Date. In connection herewith, Clarity Partners, L

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