Attached files

file filename
EX-99.3 - CONSENT OF JOSEF VON RICKENBACH - Xos, Inc.fs12020ex99-3_nextgenacqu.htm
EX-99.2 - CONSENT OF JEFFREY M. MOSLOW - Xos, Inc.fs12020ex99-2_nextgenacqu.htm
EX-99.1 - CONSENT OF S. SARA MATHEW - Xos, Inc.fs12020ex99-1_nextgenacqu.htm
EX-23.1 - CONSENT OF MARCUM LLP - Xos, Inc.fs12020ex23-1_nextgenacqu.htm
EX-14 - FORM OF CODE OF ETHICS AND BUSINESS CONDUCT - Xos, Inc.fs12020ex14_nextgenacqu.htm
EX-10.7 - FORM OF INDEMNITY AGREEMENT - Xos, Inc.fs12020ex10-7_nextgenacqu.htm
EX-10.6 - FORM OF SPONSOR WARRANTS PURCHASE AGREEMENT BETWEEN THE REGISTRANT AND NEXTGEN S - Xos, Inc.fs12020ex10-6_nextgenacqu.htm
EX-10.5 - SECURITIES SUBSCRIPTION AGREEMENT, DATED JULY 31, 2020, BETWEEN THE REGISTRANT A - Xos, Inc.fs12020ex10-5_nextgenacqu.htm
EX-10.4 - FORM OF REGISTRATION RIGHTS AGREEMENT BETWEEN THE REGISTRANT AND CERTAIN SECURIT - Xos, Inc.fs12020ex10-4_nextgenacqu.htm
EX-10.3 - FORM OF INVESTMENT MANAGEMENT TRUST AGREEMENT BETWEEN CONTINENTAL STOCK TRANSFER - Xos, Inc.fs12020ex10-3_nextgenacqu.htm
EX-10.2 - FORM OF LETTER AGREEMENT AMONG THE REGISTRANT AND ITS DIRECTORS AND OFFICERS AND - Xos, Inc.fs12020ex10-2_nextgenacqu.htm
EX-10.1 - PROMISSORY NOTE, DATED JULY 31, 2020, ISSUED TO NEXTGEN SPONSOR LLC - Xos, Inc.fs12020ex10-1_nextgenacqu.htm
EX-5.2 - FORM OF OPINION OF SKADDEN, ARPS, SLATE, MEAGHER & FLOM LLP - Xos, Inc.fs12020ex5-2_nextgenacqu.htm
EX-5.1 - OPINION OF MAPLES AND CALDER - Xos, Inc.fs12020ex5-1_nextgenacqu.htm
EX-4.4 - FORM OF WARRANT AGREEMENT BETWEEN CONTINENTAL STOCK TRANSFER & TRUST COMPANY AND - Xos, Inc.fs12020ex4-4_nextgenacqu.htm
EX-4.2 - SPECIMEN CLASS A ORDINARY SHARE CERTIFICATE - Xos, Inc.fs12020ex4-2_nextgenacqu.htm
EX-4.1 - SPECIMEN UNIT CERTIFICATE - Xos, Inc.fs12020ex4-1_nextgenacqu.htm
EX-3.2 - AMENDED AND RESTATED MEMORANDUM AND ARTICLES OF ASSOCIATION - Xos, Inc.fs12020ex3-2_nextgenacqu.htm
EX-3.1 - MEMORANDUM AND ARTICLES OF ASSOCIATION - Xos, Inc.fs12020ex3-1_nextgenacqu.htm
EX-1.1 - FORM OF UNDERWRITING AGREEMENT - Xos, Inc.fs12020ex1-1_nextgenacqu.htm
S-1 - Xos, Inc.fs12020_nextgenacqu.htm

Exhibit 10.8

 

NextGen Acquisition Corporation
2255 Glades Road, Suite 324A
Boca Raton, FL 33431

 

[    ], 2020

 

Glen Capital Partners LLC

800 South Street, Suite 160

Waltham, MA 02453

 

Re: Administrative Services Agreement

 

Ladies and Gentlemen:

 

This Administrative Services Agreement (this “Agreement”) by and between NextGen Acquisition Corporation (the “Company”) and Glen Capital Partners LLC (the “Provider”), dated as of the date hereof, will confirm our agreement that, commencing on the date the securities of the Company are first listed on The Nasdaq Stock Market LLC (the “Listing Date”) and continuing until the earlier of the consummation by the Company of an initial business combination and the Company’s liquidation (in each case as described in the Registration Statement on Form S-1 (File No. 333-[         ]) filed with the Securities and Exchange Commission) (such earlier date hereinafter referred to as the “Termination Date”), the Provider shall make available to the Company, at 2255 Glades Road, Suite 324A, Boca Raton, FL 33431 (or any successor location or other existing office locations of the Provider or any of its affiliates), certain office space, administrative, financial and support services as may be reasonably requested by the Company. In exchange therefor, the Company shall pay the Provider the sum of $10,000 per month on the Listing Date and continuing monthly thereafter until the Termination Date.

 

The Provider hereby irrevocably waives any and all right, title, interest, causes of action and claims of any kind (each, a “Claim”) in or to, and any and all right to seek payment of any amounts due to it out of, the trust account established for the benefit of the public shareholders of the Company and into which substantially all of the proceeds of the Company’s initial public offering will be deposited (the “Trust Account”), and hereby irrevocably waives any Claim it may have in the future as a result of, or arising out of, this Agreement, which Claim would reduce, encumber or otherwise adversely affect the Trust Account or any monies or other assets in the Trust Account, and further agrees not to seek recourse, reimbursement, payment or satisfaction of any Claim against the Trust Account or any monies or other assets in the Trust Account for any reason whatsoever.

 

This Agreement constitutes the entire agreement and understanding of the parties hereto in respect of its subject matter and supersedes all prior understandings, agreements, or representations by or among the parties hereto, written or oral, to the extent they relate in any way to the subject matter hereof or the transactions contemplated hereby.

 

This Agreement may not be amended, modified or waived as to any particular provision, except by a written instrument executed by all parties hereto.

 

No party hereto may assign either this Agreement or any of its rights, interests, or obligations hereunder without the prior written approval of the other party. Any purported assignment in violation of this paragraph shall be void and ineffectual and shall not operate to transfer or assign any interest or title to the purported assignee.

 

Any litigation between the parties (whether grounded in contract, tort, statute, law or equity) shall be governed by, construed in accordance with, and interpreted pursuant to the laws of the State of New York.

 

This Agreement may be executed in one or more counterparts, each of which shall for all purposes be deemed to be an original but all of which together shall constitute one and the same Agreement.

 

[Signature page follows]

 

 

 

  Very truly yours,
   
  NEXTGEN ACQUISITION CORPORATION
   
  By:                 
    Name:   Patrick Ford
    Title: Chief Financial Officer and Secretary

 

AGREED TO AND ACCEPTED BY:  
   
GLEN CAPITAL PARTNERS LLC  
   
By:                  
  Name:   Gregory L. Summe  
  Title: Managing Partner  

 

[Signature Page to Administrative Services Agreement]