EX-10.5





 Exhibit 10.5 

Isleworth Healthcare Acquisition Corp. 

970 Lake Carillon Drive, Feather Sound, Suite 300 

St. Petersburg, Florida 33716 

February 24, 2021 
 Isleworth Healthcare
Acquisition Corp. 
 970 Lake Carillon Drive, Feather Sound, Suite 300 

St. Petersburg, Florida 33716 

Re: Administrative Services Agreement 

Ladies and Gentlemen: 
 This letter agreement by
and between Isleworth Healthcare Acquisition Corp. (the “Company”) and RSW Consultants, LLC (the “Consultant”), 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 U.S. Securities and Exchange Commission (the
“Registration Statement”) and continuing until the earlier of (i) the consummation by the Company of an initial business combination, (ii) the Company’s liquidation, or (iii) 18 months after the Listing Date (in each case as
described in the Registration Statement) (such earlier date hereinafter referred to as the “Termination Date”): 
 (i) The
Consultant shall make available, or cause to be made available, to the Company, at 970 Lake Carillon Drive, Feather Sound, Suite 300, St. Petersburg, Florida 33716 (or any successor location of RSW Consultants, LLC), certain office space,
utilities and secretarial and administrative services as may be reasonably required by the Company. In exchange therefor, the Company shall pay to the Consultant the sum of $5,000 per month on the Listing Date and continuing monthly thereafter until
the Termination Date; and 
 (ii) The Consultant 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
Delaware, without giving effect to its choice of law principles. 












 
			
	Very truly yours,
	
	ISLEWORTH HEALTHCARE ACQUISITION CORP.
		
	By:	 	 /s/ Dan Halvorson 

		 	Name: Dan Halvorson
		 	Title:   Chief Financial Officer


  

			
	AGREED TO AND ACCEPTED BY:
	
	RSW CONSULTANTS, LLC
		
	By:	 	 /s/ Robert Whitehead

		 	Name: Robert Whitehead
		 	Title:  Manager

 [Signature Page to Administrative Services Agreement]