Exhibit 10.10


 


BOMBAX HEALTHCARE ACQUISITION CORPORATION


221 Henderson Road


#01-05 Henderson Road


Singapore 159557


 


[●], 2022


 


Bombax Capital Partners Limited

Second Floor, Century Yard, Cricket Square


P.O. Box 902


Grand Cayman, KY1-1103


Cayman Islands


 


Re: Administrative Support Agreement


 


Ladies and Gentlemen:


 


This letter agreement by and
between Bombax Healthcare Acquisition Corporation (the “Company”) and Bombax Capital Partners Limited (“Bombax
Capital”) 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 (Registration No. 333-260274)
and related 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 (as defined in the Registration Statement) 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) Bombax Capital shall make
available, or cause to be made available, to the Company, at 221 Henderson Road, #01-05 Henderson Road Singapore 159557 (or any successor
location of Bombax Capital), certain office space, utilities and secretarial and administrative support as may be reasonably required
by the Company. In exchange therefor, the Company shall pay Bombax Capital the sum of $20,000 per month on the Listing Date and continuing
monthly thereafter until the Termination Date; and


  


(ii) Bombax Capital 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 in or to, and any and all right to seek payment of any amounts due to it (each, a “Claim”) 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, 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,
	 	 	 
	 	BOMBAX HEALTHCARE ACQUISITION CORPORATION
	 	 	 
	 	By:	 
	 	Name:	Gary Chan

	 	Title:	Chief Executive Officer 
	 	 	 
	 	AGREED TO AND ACCEPTED BY:
	 	 	 
	 	BOMBAX CAPITAL PARTNERS LIMITED
	 	 	 
	 	By:	 
	 	Name: 	Tak Cheung Yam
	 	Title:	Director


 


Signature Page to Administrative Support Agreement