Document:

EXHIBIT
      10.7

    

    

    

    

    

    August
      17, 2005

    

    

    Industrial
      Services Acquisition Corp.

    2807
      El
      Presidio

    Carson,
      California 90810

     

    Wedbush
      Morgan Securities Inc.

    As
      representative of the several Underwriters

    1000
      Wilshire Blvd., 10th
      Floor

    Los
      Angeles, CA 90017

    

    Re:
      Initial
      Public Offering

    

    Ladies
      and Gentlemen:

    

    The
      undersigned stockholder of Industrial Services Acquisition Corp. (“Company”), in
      consideration of Wedbush Morgan Securities Inc. (“Wedbush”) agreeing to
      underwrite an initial public offering (“IPO”) of the Company’s units (“Units”),
      each comprised of one share of the Company’s common stock, par value $.0001 per
      share (“Common Stock”), and one warrant exercisable for one share of Common
      Stock (“Warrant”) and embarking on the IPO process, hereby agrees as follows
      (certain capitalized terms used herein are defined in Schedule 1
      hereto):

    

    1.    If
      the
      Company solicits approval of its stockholders of a Business Combination, the
      undersigned shall (i) vote all Insider Shares owned by such person in accordance
      with the majority of the votes cast by the holders of the IPO Shares and (ii)
      vote any shares of Common Stock acquired in or following the IPO in favor of the
      Business Combination.

    

    2.    In
      the
      event that the Company fails to consummate a Business Combination within 18
      months from the Effective Date of the registration statement relating to the
      IPO
      (or 24 months under the circumstances described in the Prospectus), the
      undersigned will vote all Insider Shares owned by him in favor of the Company's
      decision to liquidate. The undersigned hereby waives any and all right, title,
      interest or claim of any kind in or to any liquidating distributions by the
      Company including, without limitation, any distribution of the Trust Fund as
      a
      result of such liquidation with respect to such person’s Insider Shares
      (“Claim”) and hereby waives any Claim the undersigned may have in the future as
      a result of, or arising out of, any contracts or agreements with the Company
      and
      will not
      seek recourse against the Trust Fund for any reason whatsoever. The undersigned
      hereby agrees that the Company shall be entitled to a reimbursement from the
      undersigned for any distribution of the Trust Fund received by the undersigned
      in respect of such person’s Insider Shares.

    

    3.    Neither
      the undersigned, any member of the Immediate Family of the undersigned, nor
      any
      affiliate of the undersigned (“Affiliate”) will be entitled to receive and will
      not accept any compensation for services rendered to the Company prior to,
      or in
      connection with, the consummation of the Business Combination[; provided
      that, commencing on the Effective Date, AMCO Distribution Services (“Related
      Party”), shall be allowed to charge the Company up to $7,500 per month,
      representing an allocable share of Related Party's overhead, to compensate
      it
      for the Company's use of Related Party's offices, utilities and personnel.
      Related Party and the undersigned shall be entitled to reimbursement from the
      Company for such person’s out-of-pocket expenses incurred in connection with
      seeking and consummating a Business Combination.

    

    4.    Neither
      the undersigned, any member of the Immediate Family of the undersigned, or
      any
      Affiliate of the undersigned will be entitled to receive or accept a finder's
      fee or any other compensation in the event the undersigned, any member of the
      Immediate Family of the undersigned or any Affiliate of the undersigned
      originates a Business Combination.

    

    5.    The
      undersigned will escrow his Insider Shares for the period commencing on the
      Effective Date and ending on the one-year anniversary of the Business
      Combination Date subject to the terms of a Stock Escrow Agreement which the
      Company will enter into with the undersigned and an escrow agent acceptable
      to
      the Company.

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    6.    The
      undersigned's questionnaires furnished by the undersigned to the Company and
      Wedbush are true and accurate in all respects. The undersigned further
      represents and warrants that:

    

    
      	
            	(a)	
              The
                undersigned is not subject to or a respondent in any legal action
                for, any
                injunction, cease-and-desist  order
                or order or stipulation to desist or refrain from any act or practice
                relating to the offering of securities  in
                any jurisdiction;

            

    

    

    
      
        	
              	(b)	
                The
                  undersigned has never been convicted of or pleaded guilty to any
                  crime (i)
                  involving any fraud or (ii) relating
                  to any financial transaction or handling of funds of another person,
                  or
                  (iii) pertaining to any dealings
                  in any securities and such person is not currently a defendant
                  in any such
                  criminal proceeding; and

              

      

    

    

    
      	
            	(c)	
              The
                undersigned has never been suspended or expelled from membership
                in any
                securities or commodities exchange
                or association or had a securities or commodities license or registration
                denied, suspended or revoked.

            

    

     

    7.    The
      undersigned has full right and power, without violating any agreement by which
      he is bound, to enter into this letter agreement.

    

    8.    The
      undersigned acknowledges and understands that Wedbush and the Company will
      rely
      upon the agreements, representations and warranties set forth herein in
      proceeding with the IPO.

    

     
      9.    This
      letter agreement shall be binding on the undersigned and such person’s
      respective successors, heirs, personal representatives and assigns. This letter
      agreement shall terminate on the earlier of (i) the Business Combination Date
      and (ii) the Termination Date; provided,
      however,
      that
      any such termination shall not relieve the undersigned from any liability
      resulting from or arising out of any breach of any agreement or covenant
      hereunder occurring prior to the termination of this letter
      agreement.

     

    10.    The
      undersigned authorizes any employer, financial institution, or consumer credit
      reporting agency to release to Wedbush and its legal representatives or agents
      (including any investigative search firm retained by Wedbush) any information
      they may have about the undersigned’s background and finances
      (“Information”).  Neither Wedbush nor its agents shall be violating the
      undersigned’s right of privacy in any manner in requesting and obtaining the
      Information and the undersigned hereby releases them from liability for any
      damage whatsoever in that connection.

    

    11.    This
      letter agreement shall be governed by and interpreted and construed in
      accordance with the laws of the State of California applicable to contracts
      formed and to be performed entirely within the State of California, without
      regard to the conflicts of law provisions thereof to the extent such principles
      and rules would require or permit the application of the laws of another
      jurisdiction. The undersigned hereby agrees that any action, proceeding
      or
      claim against the undersigned arising out of or relating in any way to this
      Agreement shall be brought and enforced in the courts of the State of California
      or the United States District Court for the Northern District of California,
      and
      irrevocably submits to such jurisdiction, which jurisdiction shall be exclusive.
      The undersigned hereby waives any objection to such exclusive jurisdiction
      and
      that such courts represent an inconvenience forum.

    

    12.    No
      term
      or provision of this letter agreement may be amended, changed, waived, altered
      or modified except by written instrument executed and delivered by the party
      against whom such amendment, change, waiver, alteration or modification is
      to be
      enforced.

    

    [The
      remainder of this page intentionally left blank]

    

    
      
        
        

      

      
        -2-

        
          

        

      

      
        
        

      

    

    

    

     

    
      Eric
        Lastition

      
        

      

    

    Print
      Name of Stockholder

     

     

    /s/
Eric
      Lastition

    
      
        

      

    

    Signature

     

    

    

    Accepted
      and agreed:

    

    WEDBUSH
      MORGAN SECURITIES INC.

     

    By: 
      /s/ Mark Salter
      
        

      

    

    Name:
      Mark Salter

    Title:  
      Managing Director, Head of Investment Banking

    

     

    Accepted
      and agreed:

     

    INDUSTRIAL
      SERVICES ACQUISTION CORP.

     

    By: 
      /s/ Mark McKinney
      
        

      

    

    Name:
      Mark McKinney

    Title:
      Chief Executive Officer

     

     

    
      
        
        

      

      
        -3-

        
          

        

      

      
        
        

      

    

    SCHEDULE
      1

    

    SUPPLEMENTAL
      COMMON DEFINITIONS

    

    Unless
      the contact shall otherwise require, the following terms shall the following
      respective meanings for all purposes, and the following definitions are equally
      applicable to both the singular and the plural forms and the feminine, masculine
      and neuter forms of the terms defined.

    

    “Business
      Combination”
      shall
      mean the acquisition by the Company, whether by merger, capital stock exchange,
      asset acquisition or other similar business combination, of one or more
      operating businesses, having, collectively, a fair market value equal to at
      least 80% of the Company’s net assets at the time of such merger, capital stock
      exchange, asset acquisition or other similar business combination.

    

    “Business
      Combination Date”
      shall
      mean the date upon which a Business Combination is consummated.

    

    “Effective
      Date”
      shall
      mean the date upon which the Registration Statement is declared effective under
      the Securities Act of 1933, as amended, by the SEC.

    

    “Immediate
      Family”
      shall
      mean, with respect to any person, such person’s spouse, lineal descendents,
      father, mother, brothers or sisters (including any such relatives by adoption
      or
      marriage).

    

    “Insiders”
      shall
      mean all of the officers, directors and stockholders of the Company immediately
      prior to the Company’s IPO.

    

    “Insider
      Shares”
      shall
      mean all shares of Common Stock of the Company owned by an Insider immediately
      prior to the Company’s IPO. For the avoidance of doubt, Insider Shares shall not
      include any IPO Shares purchased by Insiders in connection with or subsequent
      to
      the Company’s IPO.

    

    “IPO
      Shares”
      shall
      mean all shares of Common Stock issued by the Company in its IPO, regardless
      of
      whether such shares were issued to an Insider or otherwise.

    

    “Prospectus”
      shall
      mean the final prospectus filed pursuant to Rule 424(b) under the Securities
      Act
      of 1933, as amended, and included in the Registration Statement.

    

    “Registration
      Statement”
      shall
      mean the registration statement filed by the Company on Form S-1 with the SEC,
      and any amendment or supplement thereto, in connection with the Company’s
      IPO.

    

    “SEC”
      shall
      mean the United Stated Securities and Exchange Commission.

    

    “Termination
      Date”shall
      mean the date that is sixty (60) calendar days immediately following the
      Transaction Failure Date.

    

    “Transaction
      Failure”
      shall
      mean the earlier of (i) the failure to enter into a letter of intent, definitive
      agreement or agreement in principal with respect to a Business Combination
      on
      any day during the eighteen-month period immediately following the Effective
      Date, and (ii) the failure to consummate a Business Combination on any day
      during the twenty-four-month period immediately following the Effective Date.
      

    

    “Transaction
      Failure Date”
      shall
      mean if a Transaction Failure first occurs as a result of the failure described
      in clause (i) of the definition of “Transaction Failure”, the eighteen-month
      anniversary of the Effective Date, and if a Transaction Failure first occurs
      as
      a result of the failure described in clause (ii) of the definition of
“Transaction Failure”, the second anniversary of the Effective Date.

    

    “Trust
      Fund”
      shall
      mean that certain trust account established with Continental Stock Transfer
      & Trust Company, as trustee, and in which the Company deposited the “funds
      to be held in trust,” as described in the Prospectus.

     

     

    
      
        
        

      

      -4-EXHIBIT
      10.8

    

    

    August
      17, 2005

    

    

    Industrial
      Services Acquisition Corp.

    2807
      El
      Presidio

    Carson,
      California 90810

     

    Wedbush
      Morgan Securities Inc.

    As
      representative of the several Underwriters

    1000
      Wilshire Blvd., 10th
      Floor

    Los
      Angeles, CA 90017

    

    Re:
      Initial
      Public Offering

    

    Ladies
      and Gentlemen:

    

    The
      undersigned stockholder of Industrial Services Acquisition Corp. (“Company”), in
      consideration of Wedbush Morgan Securities Inc. (“Wedbush”) agreeing to
      underwrite an initial public offering (“IPO”) of the Company’s units (“Units”),
      each comprised of one share of the Company’s common stock, par value $.0001 per
      share (“Common Stock”), and one warrant exercisable for one share of Common
      Stock (“Warrant”) and embarking on the IPO process, hereby agrees as follows
      (certain capitalized terms used herein are defined in Schedule 1
      hereto):

    

    1.    If
      the
      Company solicits approval of its stockholders of a Business Combination, the
      undersigned shall (i) vote all Insider Shares owned by such person in accordance
      with the majority of the votes cast by the holders of the IPO Shares and (ii)
      vote any shares of Common Stock acquired in or following the IPO in favor of the
      Business Combination.

    

    2.    In
      the
      event that the Company fails to consummate a Business Combination within 18
      months from the Effective Date of the registration statement relating to the
      IPO
      (or 24 months under the circumstances described in the Prospectus), the
      undersigned will vote all Insider Shares owned by him in favor of the Company's
      decision to liquidate. The undersigned hereby waives any and all right, title,
      interest or claim of any kind in or to any liquidating distributions by the
      Company including, without limitation, any distribution of the Trust Fund as
      a
      result of such liquidation with respect to such person’s Insider Shares
      (“Claim”) and hereby waives any Claim the undersigned may have in the future as
      a result of, or arising out of, any contracts or agreements with the Company
      and
      will not
      seek recourse against the Trust Fund for any reason whatsoever. The undersigned
      hereby agrees that the Company shall be entitled to a reimbursement from the
      undersigned for any distribution of the Trust Fund received by the undersigned
      in respect of such person’s Insider Shares.

    

    3.    Neither
      the undersigned, any member of the Immediate Family of the undersigned, nor
      any
      affiliate of the undersigned (“Affiliate”) will be entitled to receive and will
      not accept any compensation for services rendered to the Company prior to,
      or in
      connection with, the consummation of the Business Combination[; provided
      that, commencing on the Effective Date, AMCO Distribution Services (“Related
      Party”), shall be allowed to charge the Company up to $7,500 per month,
      representing an allocable share of Related Party's overhead, to compensate
      it
      for the Company's use of Related Party's offices, utilities and personnel.
      Related Party and the undersigned shall be entitled to reimbursement from the
      Company for such person’s out-of-pocket expenses incurred in connection with
      seeking and consummating a Business Combination.

    

    4.    Neither
      the undersigned, any member of the Immediate Family of the undersigned, or
      any
      Affiliate of the undersigned will be entitled to receive or accept a finder's
      fee or any other compensation in the event the undersigned, any member of the
      Immediate Family of the undersigned or any Affiliate of the undersigned
      originates a Business Combination.

    

    5.    The
      undersigned will escrow his Insider Shares for the period commencing on the
      Effective Date and ending on the one-year anniversary of the Business
      Combination Date subject to the terms of a Stock Escrow Agreement which the
      Company will enter into with the undersigned and an escrow agent acceptable
      to
      the Company.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    6.    The
      undersigned's questionnaires furnished by the undersigned to the Company and
      Wedbush are true and accurate in all respects. The undersigned further
      represents and warrants that:

    

    
      	
            	(a)	
              The
                undersigned is not subject to or a respondent in any legal action
                for, any
                injunction, cease-and-desist  order
                or order or stipulation to desist or refrain from any act or practice
                relating to the offering of securities  in
                any jurisdiction;

            

    

     

    
      	
            	(b)	
              The
                undersigned has never been convicted of or pleaded guilty to any
                crime (i)
                involving any fraud or (ii) relating
                to any financial transaction or handling of funds of another person,
                or
                (iii) pertaining to any dealings
                in any securities and such person is not currently a defendant in
                any such
                criminal proceeding; and

            

    

     

    
      	
            	(c)	
              The
                undersigned has never been suspended or expelled from membership
                in any
                securities or commodities exchange
                or association or had a securities or commodities license or registration
                denied, suspended or revoked.

            

    

    

    7.    The
      undersigned has full right and power, without violating any agreement by which
      he is bound, to enter into this letter agreement.

    

    8.    The
      undersigned acknowledges and understands that Wedbush and the Company will
      rely
      upon the agreements, representations and warranties set forth herein in
      proceeding with the IPO.

    

     
      9.    This
      letter agreement shall be binding on the undersigned and such person’s
      respective successors, heirs, personal representatives and assigns. This letter
      agreement shall terminate on the earlier of (i) the Business Combination Date
      and (ii) the Termination Date; provided,
      however,
      that
      any such termination shall not relieve the undersigned from any liability
      resulting from or arising out of any breach of any agreement or covenant
      hereunder occurring prior to the termination of this letter
      agreement.

     

    10.    The
      undersigned authorizes any employer, financial institution, or consumer credit
      reporting agency to release to Wedbush and its legal representatives or agents
      (including any investigative search firm retained by Wedbush) any information
      they may have about the undersigned’s background and finances
      (“Information”).  Neither Wedbush nor its agents shall be violating the
      undersigned’s right of privacy in any manner in requesting and obtaining the
      Information and the undersigned hereby releases them from liability for any
      damage whatsoever in that connection.

    

    11.    This
      letter agreement shall be governed by and interpreted and construed in
      accordance with the laws of the State of California applicable to contracts
      formed and to be performed entirely within the State of California, without
      regard to the conflicts of law provisions thereof to the extent such principles
      and rules would require or permit the application of the laws of another
      jurisdiction. The undersigned hereby agrees that any action, proceeding
      or
      claim against the undersigned arising out of or relating in any way to this
      Agreement shall be brought and enforced in the courts of the State of California
      or the United States District Court for the Northern District of California,
      and
      irrevocably submits to such jurisdiction, which jurisdiction shall be exclusive.
      The undersigned hereby waives any objection to such exclusive jurisdiction
      and
      that such courts represent an inconvenience forum.

    

    12.    No
      term
      or provision of this letter agreement may be amended, changed, waived, altered
      or modified except by written instrument executed and delivered by the party
      against whom such amendment, change, waiver, alteration or modification is
      to be
      enforced.

     

    
 

    [The
      remainder of this page intentionally left blank]

    

    
      
        
        

      

      
        -2-

        
          

        

      

      
        
        

      

    

    

    

     

    Jeff
      Davenport

    
      
        

      

    

    Print
      Name of Stockholder

     

     

     

    /s/
Jeff
      Davenport

    
      
        

      

    

    Signature

    

    Accepted
      and agreed:

    

    WEDBUSH
      MORGAN SECURITIES INC.

     

    By: 
      /s/ Mark Salter
      
        

      

    

    Name:
      Mark Salter

    Title:  
      Managing Director, Head of Investment Banking

    

     

    Accepted
      and agreed:

     

    INDUSTRIAL
      SERVICES ACQUISTION CORP.

     

    By: 
      /s/ Mark McKinney
      
        

      

    

    Name:
      Mark McKinney

    Title:
      Chief Executive Officer

     

     

    

    
      
        
        

      

      
        -3-

        
          

        

      

      
        
        

      

    

    SCHEDULE
      1

    

    SUPPLEMENTAL
      COMMON DEFINITIONS

    

    Unless
      the contact shall otherwise require, the following terms shall the following
      respective meanings for all purposes, and the following definitions are equally
      applicable to both the singular and the plural forms and the feminine, masculine
      and neuter forms of the terms defined.

    

    “Business
      Combination”
      shall
      mean the acquisition by the Company, whether by merger, capital stock exchange,
      asset acquisition or other similar business combination, of one or more
      operating businesses, having, collectively, a fair market value equal to at
      least 80% of the Company’s net assets at the time of such merger, capital stock
      exchange, asset acquisition or other similar business combination.

    

    “Business
      Combination Date”
      shall
      mean the date upon which a Business Combination is consummated.

    

    “Effective
      Date”
      shall
      mean the date upon which the Registration Statement is declared effective under
      the Securities Act of 1933, as amended, by the SEC.

    

    “Immediate
      Family”
      shall
      mean, with respect to any person, such person’s spouse, lineal descendents,
      father, mother, brothers or sisters (including any such relatives by adoption
      or
      marriage).

    

    “Insiders”
      shall
      mean all of the officers, directors and stockholders of the Company immediately
      prior to the Company’s IPO.

    

    “Insider
      Shares”
      shall
      mean all shares of Common Stock of the Company owned by an Insider immediately
      prior to the Company’s IPO. For the avoidance of doubt, Insider Shares shall not
      include any IPO Shares purchased by Insiders in connection with or subsequent
      to
      the Company’s IPO.

    

    “IPO
      Shares”
      shall
      mean all shares of Common Stock issued by the Company in its IPO, regardless
      of
      whether such shares were issued to an Insider or otherwise.

    

    “Prospectus”
      shall
      mean the final prospectus filed pursuant to Rule 424(b) under the Securities
      Act
      of 1933, as amended, and included in the Registration Statement.

    

    “Registration
      Statement”
      shall
      mean the registration statement filed by the Company on Form S-1 with the SEC,
      and any amendment or supplement thereto, in connection with the Company’s
      IPO.

    

    “SEC”
      shall
      mean the United Stated Securities and Exchange Commission.

    

    “Termination
      Date”shall
      mean the date that is sixty (60) calendar days immediately following the
      Transaction Failure Date.

    

    “Transaction
      Failure”
      shall
      mean the earlier of (i) the failure to enter into a letter of intent, definitive
      agreement or agreement in principal with respect to a Business Combination
      on
      any day during the eighteen-month period immediately following the Effective
      Date, and (ii) the failure to consummate a Business Combination on any day
      during the twenty-four-month period immediately following the Effective Date.
      

    

    “Transaction
      Failure Date”
      shall
      mean if a Transaction Failure first occurs as a result of the failure described
      in clause (i) of the definition of “Transaction Failure”, the eighteen-month
      anniversary of the Effective Date, and if a Transaction Failure first occurs
      as
      a result of the failure described in clause (ii) of the definition of
“Transaction Failure”, the second anniversary of the Effective Date.

    

    “Trust
      Fund”
      shall
      mean that certain trust account established with Continental Stock Transfer
      & Trust Company, as trustee, and in which the Company deposited the “funds
      to be held in trust,” as described in the Prospectus.

     

    

    
      
        
        

      

      -4-

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