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Sonder Holdings Inc. – IPO: ‘S-1’ on 12/23/20 – ‘EX-10.8’

On:  Wednesday, 12/23/20, at 5:07pm ET   ·   Accession #:  1193125-20-326144   ·   File #:  333-251663

Previous ‘S-1’:  None   ·   Next:  ‘S-1/A’ on 1/13/21   ·   Latest:  ‘S-1’ on 1/31/22   ·   12 References:   

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

12/23/20  Gores Metropoulos II, Inc.        S-1                   25:2.5M                                   Donnelley … Solutions/FA

Initial Public Offering (IPO):  Registration Statement (General Form)   —   Form S-1   —   SA’33
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: S-1         Registration Statement (General Form)               HTML   1.16M 
 2: EX-1.1      Underwriting Agreement or Conflict Minerals Report  HTML    158K 
 3: EX-3.1      Articles of Incorporation/Organization or Bylaws    HTML     30K 
 4: EX-3.2      Articles of Incorporation/Organization or Bylaws    HTML     59K 
 5: EX-3.3      Articles of Incorporation/Organization or Bylaws    HTML    106K 
 6: EX-4.1      Instrument Defining the Rights of Security Holders  HTML     18K 
 7: EX-4.2      Instrument Defining the Rights of Security Holders  HTML     18K 
 8: EX-4.3      Instrument Defining the Rights of Security Holders  HTML     23K 
 9: EX-4.4      Instrument Defining the Rights of Security Holders  HTML    128K 
10: EX-5.1      Opinion of Counsel re: Legality                     HTML     16K 
11: EX-10.1     Material Contract                                   HTML     21K 
12: EX-10.2     Material Contract                                   HTML     34K 
13: EX-10.3     Material Contract                                   HTML     58K 
14: EX-10.4     Material Contract                                   HTML     74K 
15: EX-10.5     Material Contract                                   HTML     41K 
16: EX-10.6     Material Contract                                   HTML     31K 
17: EX-10.7     Material Contract                                   HTML     73K 
18: EX-10.8     Material Contract                                   HTML     14K 
19: EX-14.1     Code of Ethics                                      HTML     40K 
20: EX-23.1     Consent of Expert or Counsel                        HTML      8K 
21: EX-99.1     Miscellaneous Exhibit                               HTML     26K 
22: EX-99.2     Miscellaneous Exhibit                               HTML     29K 
23: EX-99.3     Miscellaneous Exhibit                               HTML      9K 
24: EX-99.4     Miscellaneous Exhibit                               HTML      9K 
25: EX-99.5     Miscellaneous Exhibit                               HTML      9K 


‘EX-10.8’   —   Material Contract


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



  EX-10.8  

Exhibit 10.8

Gores Metropoulos II, Inc.

6260 Lookout Road

Boulder, CO 80301

[•], 2020

The Gores Group, LLC

6260 Lookout Road

Boulder, CO 80301

Re: Administrative Services Agreement

Gentlemen:

This letter agreement by and between Gores Metropoulos II, Inc. (the “Company”) and The Gores Group, LLC (“The Gores Group”), an affiliate of the Company’s sponsor, Gores Metropoulos Sponsor II, LLC, 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 Capital Market (the “Listing Date”), pursuant to a Registration Statement on Form S-1 and prospectus filed with the 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) The Gores Group shall make available to the Company, at 6260 Lookout Road, Boulder, CO 80301 (or any successor location), certain office space, utilities and secretarial and administrative support as may be reasonably required by the Company. In exchange therefor, the Company shall pay The Gores Group the sum of $20,000 per month on the Listing Date and continuing monthly thereafter until the Termination Date; and

(ii) The Gores Group 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”), 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 laws principles.

[Signature Page Follows]


Very truly yours,
GORES METROPOULOS II, INC.
By:  

 

Name:  
Title:  

 

AGREED TO AND ACCEPTED BY:
THE GORES GROUP, LLC
By:  

 

Name:   Alec Gores
Title:   Authorized Signatory

[Signature Page to Administrative Services Agreement]


12 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 3/23/23  Sonder Holdings Inc.              POS AM                 2:495K
 3/22/23  Sonder Holdings Inc.              10-K/A     12/31/22   14:934K
 3/16/23  Sonder Holdings Inc.              10-K       12/31/22   98:59M
 3/28/22  Sonder Holdings Inc.              10-K       12/31/21   52:5.2M
 3/28/22  Sonder Holdings Inc.              POS AM               122:16M                                    Workiva Inc Wde… FA01/FA
 3/28/22  Sonder Holdings Inc.              8-K/A:9     1/18/22   88:10M                                    Workiva Inc Wde… FA01/FA
 1/31/22  Sonder Holdings Inc.              S-1                  180:27M                                    Workiva Inc Wde… FA01/FA
 1/24/22  Sonder Holdings Inc.              8-K:1,2,3,4 1/18/22   29:3.2M                                   Workiva Inc Wde… FA01/FA
11/15/21  Sonder Holdings Inc.              10-Q        9/30/21   52:5.3M                                   ActiveDisclosure/FA
 8/06/21  Sonder Holdings Inc.              10-Q        6/30/21   51:4.4M                                   ActiveDisclosure/FA
 6/04/21  Sonder Holdings Inc.              10-Q        3/31/21   51:4.1M                                   ActiveDisclosure/FA
 1/13/21  Sonder Holdings Inc.              S-1/A                  4:1.6M                                   Donnelley … Solutions/FA
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Filing Submission 0001193125-20-326144   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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