EX-10.7





 Exhibit 10.7 

SIERRA LAKE ACQUISITION CORP. 

625 West Adams Street 

Chicago, IL 60661 

September 14, 2021 
 SIERRA LAKE SPONSOR LLC

 625 West Adams Street 
 Chicago, IL 60661 

Re: Administrative Support Agreement 

Ladies and Gentlemen: 
 This letter agreement by
and between Sierra Lake Acquisition Corp. (the “Company”) and Sierra Lake Sponsor LLC (the “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) The Sponsor shall make
available, or cause to be made available, to the Company, at 625 West Adams Street, Chicago, IL 60661 (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 the Sponsor the sum of $10,000 per month on the Listing 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,
	SIERRA LAKE ACQUISITION CORP.
		
	By:	 	/s/ Charles Alutto
	 	 	Name: Charles Alutto
		 	Title: Chief Executive Officer














 AGREED TO AND ACCEPTED BY: 

SIERRA LAKE SPONSOR LLC 
  

			
	By:	 	/s/ Charles Alutto
	 	 	Name: Charles Alutto
	 	 	Title: Managing Member

 [Signature Page to Administrative Support Agreement]