Exhibit 10.4

 

Gores Holdings II, Inc.

9800 Wilshire Blvd.

Beverly Hills, CA 90212

 

January 12, 2017

 

The Gores Group, LLC

9800 Wilshire Blvd.

Beverly Hills, CA 90212

 

Re: Administrative Services Agreement

 

Gentlemen:

 

This letter agreement by and between Gores Holdings II, Inc. (the “Company”) and
The Gores Group, LLC (“The Gores Group”), an affiliate of our sponsor, Gores
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 9800 Wilshire Blvd.,
Beverly Hills, CA 90212 (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.

 

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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]

 

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Very truly yours,

 

 

 

GORES HOLDINGS II, INC.

 

 

 

By:

/s/ Andrew McBride

 

Name:

Andrew McBride

 

Title:

Chief Financial Officer and Secretary

 

 

AGREED TO AND ACCEPTED BY:

 

THE GORES GROUP, LLC

 

By:

/s/ Alec Gores

 

 

Name:

Alec Gores

 

 

Title:

Authorized Signatory

 

[Signature Page to Administrative Services Agreement]

 

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