Exhibit 10.8


 


MUDRICK CAPITAL ACQUISITION CORPORATION


527 Madison Avenue, 6th Floor


New York, NY 10022


[______], 2018


 


Mudrick Capital Acquisition Holdings LLC


527 Madison Avenue, 6th Floor


New York, NY 10022


 


Re: Administrative Support Agreement


 


Ladies and Gentlemen:


 


This letter agreement by and between Mudrick
Capital Acquisition Corporation (the “Company”) and Mudrick Capital Acquisition Holdings LLC (“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 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 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) Sponsor shall make available, or cause to
be made available, to the Company, at 527 Madison Avenue, 6th Floor, New York, NY 10022 (or any successor location
of Sponsor), certain office space, utilities and secretarial and administrative support as may be reasonably required by the Company.
In exchange therefor, the Company shall pay Sponsor the sum of $10,000 per month on the Listing Date and continuing monthly thereafter
until the Termination Date; and


 


(ii) 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 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 New York, without
giving effect to its choice of law principles.


 


[Signature Page Follows]


 




     


     


    

 


	
        
	Very truly yours,
	 	 
	 	MUDRICK CAPITAL ACQUISITION CORPORATION
	 	 	 
	 	By:	 
	 	 	Name: Glenn Springer
	 	 	Title: Chief Financial Officer


 


	AGREED TO AND ACCEPTED BY:	 
	 	 
	Mudrick Capital Acquisition Holdings LLC	 
	 	 
	By: MUDRICK CAPITAL MANAGEMENT, L.P.,	 
	its managing member	 
	 	 
	By: MUDRICK CAPITAL MANAGEMENT, LLC,	 
	its general partner	 


 


	By:	 	 
	 	 	 
	Name:	Jason Mudrick	 
	 	 	 
	Title:	Sole Member	 


 


[Signature Page to Administrative Support
Agreement]