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Initial Public Offering

Underwriting Agreement

Initial Public Offering | Document Parties: GOOD HARBOR PARTNERS ACQUISITION CORP | HCFP/Brenner Securities LLC You are currently viewing:
This Underwriting Agreement involves

GOOD HARBOR PARTNERS ACQUISITION CORP | HCFP/Brenner Securities LLC

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Title: Initial Public Offering
Date: 2/1/2006
Industry: Misc. Financial Services    

Initial Public Offering, Parties: good harbor partners acquisition corp , hcfp/brenner securities llc
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Exhibit 10.6

 

                     , 2006

 

Good Harbor Partners Acquisition Corp.

4100 North Fairfax Drive

Arlington, VA 22203

 

HCFP/Brenner Securities LLC

888 Seventh Avenue, 17 th Floor

New York, New York 10106

 

Re: Initial Public Offering

 

Ladies and Gentlemen:

 

The undersigned director of Good Harbor Partners Acquisition Corp. (the “Company”), and CEO of Good Harbor Consulting, LLC (“GHC”), a security holder of the Company, in consideration of HCFP/Brenner Securities LLC’s (“Brenner”) willingness to underwrite an initial public offering of the securities of the Company (the “IPO”) and embarking on the IPO process, hereby agrees as follows (certain capitalized terms used herein are defined in paragraph 11 hereof):

 

1. In the event that the Company fails to consummate a Business Combination within 18 months from the effective date (“Effective Date”) of the registration statement relating to the IPO (or 24 months under the circumstances described in the prospectus relating to the IPO), the undersigned will take all reasonable actions within his power to (i) cause the Trust Fund to be liquidated and distributed to the holders of the shares of Class B common stock sold in the Company’s IPO and (ii) liquidate as soon as reasonably practicable. The undersigned waives, and shall cause GHC to waive, any and all right, title, interest or claim of any kind in or to any distribution of the Trust Fund as a result of such liquidation with respect to GHC’s Insider Securities (each a “Claim”) and hereby waives, and shall cause GHC to waive, any Claim he or it may have in the future as a result of, or arising out of, any contracts or agreements with the Company and will not seek recourse against the Trust Fund for any reason whatsoever. The undersigned agrees to indemnify and hold harmless the Company, severally, pro rata with Richard Clarke, Ralph Sheridan, Jack Mallon, Thomas J. Colatosti, and Brian Stafford (together with the undersigned the “Indemnifiers”), based on his percentage of Insider Securities directly or indirectly beneficially owned by the Indemnifiers prior to the IPO, against any and all loss, liability, claims, damage and expense whatsoever (including, but not limited to, any and all legal or other expenses reasonably incurred in investigating, preparing or defending against any litigation, whether pending or threatened, or any claim whatsoever) which the Company may become subject as a result of any claim by any vendor or other person who is owed money by the Company for services rendered or products sold, or by any target business, only in the event that such vendor, other person or target business did not execute an agreement waiving any right, title, interest or claim of any kind in or to any amounts held in the Trust Fund, and only to the extent necessary to ensure that such loss, liability, claim, damage or expense does not reduce the amount in the Trust Fund.


Good Harbor Partners Acquisition Corp.

HCFP/Brenner Securities LLC

Page 2

 

2. In order to minimize potential conflicts of interest which may arise from multiple affiliations, the undersigned agrees to present to the Company for its consideration, prior to presentation to any other person or entity, any suitable opportunity to acquire an operating business, until the earlier of the consummation by the Company of a Business Combination, the liquidation of the Trust Fund or until such time as the undersigned ceases to be a director of the Comp


 
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