Exhibit 10.6


 


IX Acquisition Corp. 


Arch 124, Salamanca Street 


Salamanca Street, London SE1 7HX, United Kingdom


 


October 6, 2021


 


IX Acquisition Services LLC 


850 Library Avenue 


Newark, Delaware 19711


 


Re: Administrative Services Agreement


 


Ladies and Gentlemen:


 


This letter
agreement (this “Agreement”) by and between IX Acquisition Corp. (the “Company”) and IX Acquisition
Services LLC (the “IX Services”), 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 or the Company’s liquidation
(in each case as described in the Registration Statement) (such earlier date hereinafter referred to as the “Termination Date”):


 


1.           
IX Services shall make available, or cause to be made available, to the Company, at Arch 124, Salamanca Street, London SE1 7HX,
United Kingdom (or any successor location), office space, secretarial and administrative services and consulting services as may be reasonably
required by the Company. In exchange therefor, the Company shall pay IX Services $10,000 per month beginning on the Listing Date and continuing
monthly thereafter until the Termination Date; and


 


2.            IX
Services 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 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”), 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 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.


 






    


    


    

 


	 	Very truly yours,
	 	 
	 	IX ACQUISITION CORP.



 


	 	By: 	/s/ Noah Aptekar
	 	 	Name: Noah Aptekar
	 	 	Title:  Chief Financial Officer and Chief Operations Officer


 


	AGREED AND ACCEPTED BY:	 
	 	 
	IX Acquisition Services LLC	 
	 	 
	By: IX Acquisition Manager LLC, its sole member	 



 


	By: 	/s/ Noah Aptekar	 
	 	Name: Noah Aptekar	 
	 	
    Title: Manager
	 


 


[Signature Page to Administrative
Services Agreement]