EXHIBIT 10.5
STONE ARCADE ACQUISITION CORPORATION
_______________, 2005
▇▇▇▇▇-▇▇▇▇▇▇ Investments, LLC
▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇
▇▇▇▇▇ ▇▇▇
▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
Gentlemen:
This letter will confirm our agreement, that commencing on the effective
date ("Effective Date") of the registration statement of the initial public
offering ("IPO") of the securities of Stone Arcade Acquisition Corporation
("Company") and continuing until the consummation by the Company of a "Business
Combination" (as described in the Company's IPO prospectus), ▇▇▇▇▇-▇▇▇▇▇▇
Investments, LLC ("▇▇▇▇▇-▇▇▇▇▇▇") shall make available to the Company certain
administrative, technology and secretarial services, as well as the use of
certain limited office space, including a conference room, in Chicago, as may be
required by the Company from time to time, situated at ▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇,
▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ (or any successor location). In exchange
therefor, the Company shall pay to ▇▇▇▇▇-▇▇▇▇▇▇ the sum of $7,500 per month (the
"Fee") on the Effective Date and continuing monthly thereafter. It is understood
that ▇▇▇▇▇-▇▇▇▇▇▇ shall pay a portion of the Fee to Arcade Partners LLC for
overhead expenses incurred in connection with the Company's business.
Very truly yours,
STONE ARCADE ACQUISITION
CORPORATION
By:_______________________________
Name: ▇▇▇▇▇ ▇▇▇▇▇
Title: Chief Executive Officer
AGREED TO AND ACCEPTED BY:
▇▇▇▇▇-▇▇▇▇▇▇ INVESTMENTS, LLC
By:_____________________________
Name:
Title:
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