GLOBAL BRANDS ACQUISITION CORP.
GLOBAL BRANDS ACQUISITION CORP.
______________, 2007
JLJ Partners, LLC
▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, 21st Floor
New York, New York 10036
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 Global Brands Acquisition Corp. (“GBAC”) and continuing until the earlier of the consummation by GBAC of a “Business Combination” or GBAC’s liquidation (in each case as described in GBAC’s IPO prospectus) (such earlier date hereinafter referred to as the “Termination Date”), JLJ Partners, LLC shall make available to GBAC certain office space, utilities and secretarial support as may be required by GBAC from time to time, situated at ▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ (or any successor location). In exchange therefor, GBAC shall pay JLJ Partners, LLC the sum of $10,000 per month on the Effective Date and continuing monthly thereafter until the Termination Date.
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Very truly yours,
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Name: |
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AGREED TO AND ACCEPTED BY:
JLJ PARTNERS, LLC |
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Name: |
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