EX-10.5





 Exhibit 10.5 

LAMF GLOBAL VENTURES CORP. I 

9255 Sunset Blvd., Suite 515 
 West
Hollywood, California, 90069 
 November 10, 2021 

LAMF SPAC Holdings I LLC 
 9255 Sunset Blvd., Suite 515 

West Hollywood, California, 90069 
 Re: Administrative
Services Agreement 
 Ladies and Gentlemen: 

This letter agreement (this “Agreement”) by and between LAMF Global Ventures Corp. I, (the
“Company”) and LAMF SPAC Holdings I LLC (the “Sponsor”), 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 Global Market (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”): 
 1. The Sponsor and/or its affiliate(s)
shall make available, or cause to be made available, to the Company, at 9255 Sunset Blvd., Suite 515 West Hollywood, California, 90069 (or any successor location), office space and secretarial and administrative services as may be reasonably
required by the Company. In exchange therefor, the Company shall pay the Sponsor or its designee(s) $20,000 per month on the Listing Date and continuing monthly thereafter until the Termination Date; and 

2. The Sponsor 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 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 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 the 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. 












 This 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. 

[Signature Page Follows] 

  
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	 Very truly yours,

	
	LAMF GLOBAL VENTURES CORP. I
		
	By:	 	 /s/ Simon Horsman

		 	Name: Simon Horsman
		 	Title: Chief Executive Officer


  

					
	AGREED AND ACCEPTED BY:
	  
 LAMF SPAC HOLDINGS I LLC

By: LAMF SPAC I LLC, its Managing Member

		
	 By:
	 	 /s/ Simon Horsman

		 	Name: Simon Horsman
		 	Title: Manager

 [Signature Page to Administrative Services Agreement]