Exhibit 10.9


 


Namaste World Acquisition
Corporation


3524 Silverside Road,
Suite 35B


Wilmington, DE 19810


[__],
2021


 


Namaste World Sponsor LLC


3524 Silverside Road, Suite 35B


Wilmington, DE 19810


 


Re: Administrative
Support Agreement


 


Ladies and Gentlemen:


 


This letter agreement
by and between Namaste World Acquisition Corporation (the “Company”) and Namaste World Sponsor LLC (the “Sponsor”),
dated as of the date hereof, will confirm our agreement that, commencing on the date of the Company’s final prospectus (the “Start
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) The Sponsor shall
make available, or cause to be made available, to the Company, at 3524 Silverside Road, Suite 35B, Wilmington, DE 19810 (or any successor
location of the 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 to the Sponsor the sum of $10,000 per month on the Start Date and continuing
monthly thereafter until the Termination Date; and


 


(ii) 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
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,
	 	 
	 	NAMASTE WORLD ACQUISITION CORPORATION
	 	 	 
	 	By:	 
	 	 	Name:	Suresh Singamsetty
	 	 	Title:	Chief Financial Officer


 


AGREED TO AND ACCEPTED BY:


 


NAMASTE WORLD SPONSOR LLC


 


	By:	 	 
	 	Name:	 Suresh Guduru	 
	 	Title:	Managing Member	 


 


[Signature Page to
Administrative Support Agreement]


 


 


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