Attached files

file filename
EX-4.1 - WARRANT AGREEMENT, DATED AUGUST 23, 2018, BY AND BETWEEN THE COMPANY AND CONTINE - BM Technologies, Inc.f8k082318ex4-1_megalith.htm
EX-99.2 - PRESS RELEASE, DATED AUGUST 28, 2018 - BM Technologies, Inc.f8k082318ex99-2_megalith.htm
EX-99.1 - PRESS RELEASE, DATED AUGUST 23, 2018 - BM Technologies, Inc.f8k082318ex99-1_megalith.htm
EX-10.5 - AMENDED AND RESTATED PRIVATE PLACEMENT WARRANTS PURCHASE AGREEMENT, DATED AUGUST - BM Technologies, Inc.f8k082318ex10-5_megalith.htm
EX-10.3 - REGISTRATION RIGHTS AGREEMENT, DATED AUGUST 23, 2018, BY AND AMONG THE COMPANY, - BM Technologies, Inc.f8k082318ex10-3_megalith.htm
EX-10.2 - INVESTMENT MANAGEMENT TRUST AGREEMENT, DATED AUGUST 23, 2018, BY AND BETWEEN THE - BM Technologies, Inc.f8k082318ex10-2_megalith.htm
EX-10.1 - LETTER AGREEMENT, DATED AUGUST 23, 2018, BY AND AMONG THE COMPANY, ITS OFFICERS, - BM Technologies, Inc.f8k082318ex10-1_megalith.htm
EX-3.1 - AMENDED AND RESTATED CERTIFICATE OF INCORPORATION - BM Technologies, Inc.f8k082318ex3-1_megalith.htm
EX-1.1 - UNDERWRITING AGREEMENT, DATED AUGUST 23, 2018, BY AND AMONG THE COMPANY AND CHAR - BM Technologies, Inc.f8k082318ex1-1_megalith.htm
8-K - CURRENT REPORT - BM Technologies, Inc.f8k082318_megalithfinancial.htm

Exhibit 10.4

 

MEGALITH FINANCIAL ACQUISITION CORP.

1345 Avenue of the Americas, 11th Floor

New York, NY 10105

August 23, 2018

 

Megalith Capital Management LLC

1345 Avenue of the Americas, 11th Floor

New York, NY 10105

 

Re: Administrative Support Agreement

 

Ladies and Gentlemen:

 

This letter agreement by and between Megalith Financial Acquisition Corp. (the “Company”) and Megalith Capital Management LLC (“MCM”), 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 New York Stock Exchange (the “Listing Date”), pursuant to a Registration Statement on Form S-1 and prospectus filed with the U.S. Securities and Exchange Commission (the “Registration Statement”) and continuing until the earlier of the consummation by the Company of an initial business combination or the Company’s liquidation (in each case as described in the Registration Statement) (such earlier date hereinafter referred to as the “Termination Date”):

 

(i) MCM shall make available, or cause to be made available, to the Company, at 1345 Avenue of the Americas, 11th Floor, New York, NY 10105 (or any successor location of MCM), certain office space, utilities and secretarial and administrative support as may be reasonably required by the Company. In exchange therefor, the Company shall pay MCM the sum of $2,000 per month on the Listing Date and continuing monthly thereafter until the Termination Date; and

 

(ii) MCM hereby irrevocably waives any and all right, title, interest, causes of action and claims of any kind as a result of, or arising out of, this letter agreement (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 stockholders of the Company and into which substantially all of the proceeds of the Company’s initial public offering will be deposited (the “Trust Account”) as a result of, or arising out of, this letter agreement, and hereby irrevocably waives any Claim it may have in the future, 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 letter 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 letter agreement may not be amended, modified or waived as to any particular provision, except by a written instrument executed by the parties hereto.

 

No party hereto may assign either this letter 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.

 

This letter agreement constitutes the entire relationship of the parties hereto, and 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, without giving effect to its choice of law principles.

 

[Signature Page Follows]

 

   

 

 

  Very truly yours,
   
  Megalith Financial Acquisition Corp.  
     
  By: /s/ Samvir S. Sidhu
    Name: Samvir S. Sidhu
    Title:   Chief Executive Officer


AGREED TO AND ACCEPTED BY:

 

Megalith Capital Management LLC

 

By:   

/s/ Samvir S. Sidhu

 
Name:   Samvir S. Sidhu  
Title:    Managing Member  

 

 

[Signature Page to Administrative Support Agreement