EX-10.5





 Exhibit 10.5 

SK GROWTH OPPORTUNITIES CORPORATION 

228 Park Avenue S #96693 
 New York,
NY 10003 
 , 2022 
 SK Global Development
Advisors LLC 
 3979 Freedom Circle, Suite 540 
 Santa Clara, CA
95054 
  

	Re:	 Administrative Services Agreement 



Ladies and Gentlemen: 
 This letter agreement
(this “Agreement”) by and between SK Growth Opportunities Corporation (the “Company”) and SK Global Development Advisors LLC (the “Advisory Company”), 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 and 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 Advisory Company shall make available, or cause to be made available, to the Company, secretarial and administrative support services
and other services as may be reasonably required by the Company. In exchange therefor, the Company shall pay the Advisory Company up to $10,000 per month on the Listing Date and continuing monthly thereafter until the Termination Date; and 

2. The Advisory Company 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 shall be governed by and construed in accordance with the laws of the State
of New York for agreements made and to be wholly performed within such state, without regards to the conflicts of laws principles thereof. 

[Signature Page Follows] 












 
			
	 Very truly yours,

	
	 SK GROWTH OPPORTUNITIES CORPORATION

		
	 By:
	 	 
		 	 Name: Richard Chin

		 	 Title: Chief Executive Officer



  

			
	AGREED AND ACCEPTED BY:
	
	SK GLOBAL DEVELOPMENT ADVISORS LLC
		
	By	 	 
		 	Name: Derek E. Jensen
		 	Title: Manager

 [Signature Page to Administrative Services Agreement]