EX-10.4





 Exhibit 10.4 

Gores Guggenheim, Inc. 
 6260
Lookout Road 
 Boulder, CO 80301 

March 22, 2021  
 The Gores Group, LLC

 6260 Lookout Road 
 Boulder, CO 80301 

 

	Re:	 Administrative Services Agreement Gentlemen: 



This letter agreement by and between Gores Guggenheim, Inc. (the “Company”) and The Gores Group, LLC (“The Gores Group”), an affiliate of
the Company’s sponsor, Gores Guggenheim Sponsor 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 GUGGENHEIM, 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