Document:

Unassociated Document

Exhibit
10.3

March __,
2005

 

Fortress
America Acquisition Corporation

3
Bethesda Metro Center

Suite
700

Bethesda,
MD 20814

Sunrise
Securities Corp.

641
Lexington Avenue

25th
Floor

New York,
New York 10022

 

Re:         
Initial Public Offering

 

Gentlemen:

 

The
undersigned stockholder and director of Fortress America Acquisition Corporation
(“Company”), in consideration of Sunrise Securities Corp. (“Sunrise”) entering
into a letter of intent (“Letter of Intent”) to underwrite an initial public
offering of the securities of the Company (“IPO”) and embarking on the IPO
process, hereby agrees as follows (certain capitalized terms used herein are
defined in paragraph 11 hereof):

 

1.             If the
Company solicits approval of its stockholders of a Business Combination, the
undersigned will vote all Insider Shares owned by him in accordance with the
majority of the votes cast by the holders of the IPO Shares. 

 

2.            In the
event that the Company fails to consummate a Business Combination within 18
months from the effective date (“Effective Date”) of the registration statement
relating to the IPO (or 24 months under the circumstances described in the
prospectus relating to the IPO), the undersigned will take all reasonable
actions within his power to cause the Trust Fund (as defined in the Letter of
Intent) to be liquidated and distributed to the holders of the IPO
Shares. The undersigned hereby waives any and all right, title, interest or
claim of any kind in or to any distribution of the Trust Fund as a result of
such distribution with respect to his 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. 

 

3.            In order
to minimize potential conflicts of interest which may arise from multiple
affiliations, the undersigned agrees to present to the Company for its
consideration, prior to presentation to any other person or entity, any suitable
opportunity to acquire an operating business, until the earlier of the
consummation by the Company of a Business Combination, the distribution of the
Trust Fund or until such time as the undersigned ceases to be a director of the
Company, subject to any pre-existing fiduciary or contractual obligations the
undersigned might have.

 

4.             The
undersigned acknowledges and agrees that the Company will not consummate any
Business Combination which involves a company which is affiliated with any of
the Insiders unless the Company obtains an opinion from an independent
investment banking firm reasonably acceptable to Sunrise that the business
combination is fair to the Company’s stockholders from a financial
perspective.

 

5.             Neither
the undersigned, any member of the family of the undersigned, nor any Affiliate
of the undersigned will be entitled to receive and will not accept any
compensation for services rendered to the Company prior to the consummation of
the Business Combination; provided that the undersigned shall be entitled to
reimbursement from the Company for his out-of-pocket expenses incurred in
connection with seeking and consummating a Business Combination.

 

6.             Neither
the undersigned, any member of the family of the undersigned, nor 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 family of the
undersigned or any Affiliate of the undersigned originates a Business
Combination. 

 

7.             The
undersigned will escrow his Insider Shares for the three year period commencing
on the Effective 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.

 

8.            The
undersigned agrees to be a member of the Board of Directors of the Company until
the earlier of the consummation by the Company of a Business Combination or the
distribution of the Trust Fund.  The undersigned’s biographical information
furnished to the Company and Sunrise is true and accurate in all respects, does
not omit any material information with respect to the undersigned’s background
and contains all of the information required to be disclosed pursuant to
Section 401 of Regulation S-K, promulgated under the Securities Act of
1933.  The undersigned’s questionnaires furnished to the Company and
Sunrise are true and accurate in all respects.  The undersigned represents
and warrants that:

 

(a)          he 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)          he 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 he is not
currently a defendant in any such criminal proceeding; and

 

(c)          he 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.

 

9.            The
undersigned has full right and power, without violating any agreement by which
he is bound, to enter into this letter agreement and to serve as a member of the
Board of Directors of the Company.

 

10.          The
undersigned authorizes any employer, financial institution, or consumer credit
reporting agency to release to Sunrise and its legal representatives or agents
(including any investigative search firm retained by Sunrise) any information
they may have about the undersigned’s background and finances
(“Information”).  Neither Sunrise 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.           As used
herein, (i) a “Business Combination” shall mean an acquisition by merger,
capital stock exchange, asset or stock acquisition, reorganization or otherwise,
of an operating business in the homeland security industry selected by the
Company; (ii) “Insiders” shall mean all officers, directors and stockholders of
the Company immediately prior to the IPO; (iii) “Insider Shares” shall mean all
of the shares of Common Stock of the Company owned by an Insider prior to the
IPO; and (iv) “IPO Shares” shall mean the shares of Common Stock issued in the
Company’s IPO.

  

	 	
      David
      J. Mitchell
	 
	 	
      Print
      Name of Insider

	 	 	 
	 	
      
      /s/
      David J. Mitchell

	 
	 	
      SignatureUnassociated Document

Exhibit
10.4

 

March __,
2005

 

Fortress
America Acquisition Corporation

3
Bethesda Metro Center

Suite
700

Bethesda,
MD 20814

Sunrise
Securities Corp.

641
Lexington Avenue

25th
Floor

New York,
New York 10022

 

Re: 
Initial Public Offering

 

Gentlemen:

 

The
undersigned stockholder and director of Fortress America Acquisition Corporation
(“Company”), in consideration of Sunrise Securities Corp. (“Sunrise”) entering
into a letter of intent (“Letter of Intent”) to underwrite an initial public
offering of the securities of the Company (“IPO”) and embarking on the IPO
process, hereby agrees as follows (certain capitalized terms used herein are
defined in paragraph 11 hereof):

 

1.             If the
Company solicits approval of its stockholders of a Business Combination, the
undersigned will vote all Insider Shares owned by him in accordance with the
majority of the votes cast by the holders of the IPO Shares. 

 

2.            In the
event that the Company fails to consummate a Business Combination within 18
months from the effective date (“Effective Date”) of the registration statement
relating to the IPO (or 24 months under the circumstances described in the
prospectus relating to the IPO), the undersigned will take all reasonable
actions within his power to cause the Trust Fund (as defined in the Letter of
Intent) to be liquidated and distributed to the holders of the IPO
Shares. The undersigned hereby waives any and all right, title, interest or
claim of any kind in or to any distribution of the Trust Fund as a result of
such distribution with respect to his 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. 

 

3.            In order
to minimize potential conflicts of interest which may arise from multiple
affiliations, the undersigned agrees to present to the Company for its
consideration, prior to presentation to any other person or entity, any suitable
opportunity to acquire an operating business, until the earlier of the
consummation by the Company of a Business Combination, the distribution of the
Trust Fund or until such time as the undersigned ceases to be a director of the
Company, subject to any pre-existing fiduciary or contractual obligations the
undersigned might have.

 

4.             The
undersigned acknowledges and agrees that the Company will not consummate any
Business Combination which involves a company which is affiliated with any of
the Insiders unless the Company obtains an opinion from an independent
investment banking firm reasonably acceptable to Sunrise that the business
combination is fair to the Company’s stockholders from a financial
perspective.

 

5.             Neither
the undersigned, any member of the family of the undersigned, nor any Affiliate
of the undersigned will be entitled to receive and will not accept any
compensation for services rendered to the Company prior to the consummation of
the Business Combination; provided that the undersigned shall be entitled to
reimbursement from the Company for his out-of-pocket expenses incurred in
connection with seeking and consummating a Business Combination.

 

6.             Neither
the undersigned, any member of the family of the undersigned, nor 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 family of the
undersigned or any Affiliate of the undersigned originates a Business
Combination. 

 

7.             The
undersigned will escrow his Insider Shares for the three year period commencing
on the Effective 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.

 

8.            The
undersigned agrees to be a member of the Board of Directors of the Company until
the earlier of the consummation by the Company of a Business Combination or the
distribution of the Trust Fund.  The undersigned’s biographical information
furnished to the Company and Sunrise is true and accurate in all respects, does
not omit any material information with respect to the undersigned’s background
and contains all of the information required to be disclosed pursuant to
Section 401 of Regulation S-K, promulgated under the Securities Act of
1933.  The undersigned’s questionnaires furnished to the Company and
Sunrise are true and accurate in all respects.  The undersigned represents
and warrants that:

 

(a)          he 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)          he 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 he is not
currently a defendant in any such criminal proceeding; and

 

(c)          he 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.

 

9.            The
undersigned has full right and power, without violating any agreement by which
he is bound, to enter into this letter agreement and to serve as a member of the
Board of Directors of the Company.

 

10.          The
undersigned authorizes any employer, financial institution, or consumer credit
reporting agency to release to Sunrise and its legal representatives or agents
(including any investigative search firm retained by Sunrise) any information
they may have about the undersigned’s background and finances
(“Information”).  Neither Sunrise 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.           As used
herein, (i) a “Business Combination” shall mean an acquisition by merger,
capital stock exchange, asset or stock acquisition, reorganization or otherwise,
of an operating business in the homeland security industry selected by the
Company; (ii) “Insiders” shall mean all officers, directors and stockholders of
the Company immediately prior to the IPO; (iii) “Insider Shares” shall mean all
of the shares of Common Stock of the Company owned by an Insider prior to the
IPO; and (iv) “IPO Shares” shall mean the shares of Common Stock issued in the
Company’s IPO.

  

	 	
      Donald
      L. Nickles
	 
	 	
      Print
      Name of Insider

	
       
	
       

	
       
	
       

	 	
      
      /s/
      Donald L. Nickles

	 
	 	
      Signature

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