Document:

Exhibit 10.5

 

GLOBAL SYNERGY ACQUISITION
CORP.

540 Madison Avenue, 17th Floor

New York, NY 10022

 

, 2020

 

Global Synergy LLC

540 Madison Avenue, 17th Floor

New York, NY 10022

 

Re:  Administrative Support
Agreement 

 

Ladies and Gentlemen:

 

This letter agreement by and between Global
Synergy Acquisition Corp. (the “Company”) and Global Synergy LLC (the “Sponsor” or “GS”), 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 by the Company with the 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, directly or indirectly including through
                                                                any of its affiliates, at 540 Madison Avenue, 17th Floor, New York, NY 10022 (or any successor location of GS), certain
                                                                office space, utilities, and secretarial and administrative support as may be reasonably required by the Company from time to
                                                                time. In exchange therefor, the Company shall pay GS the sum of $10,000 per month first payable on the Listing Date and
                                                                thereafter payable in arrears within fifteen (15) calendar days after the end of each of the Company’s fiscal quarters
                                                                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”),
and hereby irrevocably waives any Claim it presently has or 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 laws principles. This letter agreement may be executed in one or more counterparts, each of which
shall for all purposes be deemed to be an original but all of which together shall constitute one and the same agreement. Only
one such counterpart signed by the party against whom enforceability is sought needs to be produced to evidence the existence of
this letter agreement.

 

[Signature Page Follows]

 

     

     

    

 

	 	Very truly yours,
	 	 
	 	GLOBAL SYNERGY ACQUISITION CORP.
	 	 	 
	 	By:	 
	 	Name:	Alok Oberoi
	 	Title:	President and Co-CEO

 

[Signature Page to Administrative
Support Agreement]

 

     

     

    

 

	AGREED TO AND ACCEPTED BY:	 
	 	 	 
	GLOBAL SYNERGY LLC	 
	 	 	 
	By: 	 	 
	Name:	Jaideep Puri	 
	Title:	Manager	 

 

 

[Signature Page to Administrative
Support Agreement]EXHIBIT
10.6

 

THIS
PROMISSORY NOTE (“NOTE”) HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES
ACT”). THIS NOTE HAS BEEN ACQUIRED FOR INVESTMENT ONLY AND MAY NOT BE SOLD, TRANSFERRED OR ASSIGNED IN THE ABSENCE OF REGISTRATION
OF THE RESALE THEREOF UNDER THE SECURITIES ACT OR AN OPINION OF COUNSEL REASONABLY SATISFACTORY IN FORM, SCOPE AND SUBSTANCE TO
THE COMPANY THAT SUCH REGISTRATION IS NOT REQUIRED.

 

PROMISSORY
NOTE

 

	Principal
    Amount: Up to $300,000	Dated
    as of February 28, 2020
	 	New
    York, New York

 

Global
Synergy Acquisition Corp., a Cayman Islands exempted company and blank check company (the “Maker”), promises
to pay to the order of Global Synergy LLC, a Cayman Islands limited liability company, or its registered assigns or successors
in interest (the “Payee”), or order, the principal sum of up to Three Hundred Thousand Dollars ($300,000) in
lawful money of the United States of America, on the terms and conditions described below. All payments on this Note shall be
made by check or wire transfer of immediately available funds or as otherwise determined by the Maker to such account as the Payee
may from time to time designate by written notice in accordance with the provisions of this Note.

 

1. Principal.
The principal balance of this Note shall be payable by the Maker on the earlier of: (i) December
31, 2020 or (ii) the date on which Maker consummates an initial public offering of its securities. The principal balance may be
prepaid at any time. Under no circumstances shall any individual, including but not limited to any officer, director, employee
or shareholder of the Maker, be obligated personally for any obligations or liabilities of the Maker hereunder.

 

2. Interest.
No interest shall accrue on the unpaid principal balance of this Note.

 

3. Drawdown
Requests. Maker and Payee agree that Maker may request up to Three Hundred Thousand Dollars
($300,000) for costs reasonably related to Maker’s initial public offering of its securities. The principal of this Note
may be drawn down from time to time prior to the earlier of: (i) December 31, 2020 or (ii) the date on which Maker consummates
an initial public offering of its securities, upon written request from Maker to Payee (each, a “Drawdown Request”).
Each Drawdown Request must state the amount to be drawn down, and must not be an amount less than One Thousand Dollars ($1,000)
unless agreed upon by Maker and Payee. Payee shall fund each Drawdown Request no later than five (5) business day after receipt
of a Drawdown Request; provided, however, that the maximum amount of drawdowns collectively under this Note is Three Hundred Thousand
Dollars ($300,000). No fees, payments or other amounts shall be due to Payee in connection with, or as a result of, any Drawdown
Request by Maker.

 

4. Application
of Payments. All payments shall be applied first to payment in full of any costs incurred in
the collection of any sum due under this Note, including (without limitation) reasonable attorney’s fees, then to the payment
in full of any late charges and finally to the reduction of the unpaid principal balance of this Note.

 

5. Events
of Default. The following shall constitute an event of default (“Event of Default”):

 

(a) Failure
to Make Required Payments. Failure by Maker to pay the principal amount due pursuant to this Note within five (5) business
days of the date specified above.

 

(b) Voluntary
Bankruptcy, Etc. The commencement by Maker of a voluntary case under any applicable bankruptcy, insolvency, reorganization,
rehabilitation or other similar law, or the consent by it to the appointment of or taking possession by a receiver, liquidator,
assignee, trustee, custodian, sequestrator (or other similar official) of Maker or for any substantial part of its property, or
the making by it of any assignment for the benefit of creditors, or the failure of Maker generally to pay its debts as such debts
become due, or the taking of corporate action by Maker in furtherance of any of the foregoing.

 

     

     

    

 

(c) Involuntary
Bankruptcy, Etc. The entry of a decree or order for relief by a court having jurisdiction in the premises in respect of Maker
in an involuntary case under any applicable bankruptcy, insolvency or other similar law, or appointing a receiver, liquidator,
assignee, custodian, trustee, sequestrator (or similar official) of Maker or for any substantial part of its property, or ordering
the winding-up or liquidation of its affairs, and the continuance of any such decree or order unstayed and in effect for a period
of 60 consecutive days.

 

6. Remedies.

 

(a) Upon
the occurrence of an Event of Default specified in Section 5(a) hereof, Payee may, by written notice to Maker, declare this Note
to be due immediately and payable, whereupon the unpaid principal amount of this Note, and all other amounts payable hereunder,
shall become immediately due and payable without presentment, demand, protest or other notice of any kind, all of which are hereby
expressly waived, anything contained herein or in the documents evidencing the same to the contrary notwithstanding.

 

(b) Upon
the occurrence of an Event of Default specified in Sections 5(b) and 5(c), the unpaid principal balance of this Note, and all
other sums payable with regard to this Note, shall automatically and immediately become due and payable, in all cases without
any action on the part of Payee.

 

7. Waivers.
Maker and all endorsers and guarantors of, and sureties for, this Note waive presentment for
payment, demand, notice of dishonor, protest, and notice of protest with regard to the Note, all errors, defects and imperfections
in any proceedings instituted by Payee under the terms of this Note, and all benefits that might accrue to Maker by virtue of
any present or future laws exempting any property, real or personal, or any part of the proceeds arising from any sale of any
such property, from attachment, levy or sale under execution, or providing for any stay of execution, exemption from civil process,
or extension of time for payment; and Maker agrees that any real estate that may be levied upon pursuant to a judgment obtained
by virtue hereof or any writ of execution issued hereon, may be sold upon any such writ in whole or in part in any order desired
by Payee.

 

8. Unconditional
Liability. Maker hereby waives all notices in connection with the delivery, acceptance, performance,
default, or enforcement of the payment of this Note, and agrees that its liability shall be unconditional, without regard to the
liability of any other party, and shall not be affected in any manner by any indulgence, extension of time, renewal, waiver or
modification granted or consented to by Payee, and consents to any and all extensions of time, renewals, waivers, or modifications
that may be granted by Payee with respect to the payment or other provisions of this Note, and agrees that additional makers,
endorsers, guarantors, or sureties may become parties hereto without notice to Maker or affecting Maker’s liability hereunder.

 

9. Notices.
All notices, statements or other documents which are required or contemplated by this Note shall
be made in writing and delivered: (i) personally or sent by first class registered or certified mail, overnight courier service
or facsimile or electronic transmission to the address designated in writing, (ii) by facsimile to the number most recently provided
to such party or such other address or fax number as may be designated in writing by such party or (iii) by electronic mail, to
the electronic mail address most recently provided to such party or such other electronic mail address as may be designated in
writing by such party. Any notice or other communication so transmitted shall be deemed to have been given on the day of delivery,
if delivered personally, on the business day following receipt of written confirmation, if sent by facsimile or electronic transmission,
one (1) business day after delivery to an overnight courier service or five (5) days after mailing if sent by mail.

 

10. Construction.
THIS NOTE SHALL BE CONSTRUED AND ENFORCED IN ACCORDANCE WITH THE LAWS OF NEW YORK, WITHOUT REGARD
TO CONFLICT OF LAW PROVISIONS THEREOF.

 

11. Severability.
Any provision contained in this Note which is prohibited or unenforceable in any jurisdiction
shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the
remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable
such provision in any other jurisdiction.

 

    2

     

    

 

12. Trust
Waiver. Notwithstanding anything herein to the contrary, the Payee hereby waives any and all
right, title, interest or claim of any kind (“Claim”) in or to any distribution of or from the trust account (the
“Trust Account”) to be established in which the proceeds of the initial public offering (the “IPO”) to
be conducted by the Maker (including the deferred underwriters discounts and commissions) and certain of the proceeds of the sale
of warrants to be issued in a private placement to occur in connection with the closing of the IPO are to be deposited, as described
in greater detail in the registration statement and prospectus to be filed with the U.S. Securities and Exchange Commission in
connection with the IPO, and hereby agrees not to seek recourse, reimbursement, payment or satisfaction for any Claim against
the Trust Account for any reason whatsoever.

 

13. Amendment;
Waiver. Any amendment hereto or waiver of any provision hereof may be made with, and only with,
the written consent of the Maker and the Payee.

 

14. Assignment.
No assignment or transfer of this Note or any rights or obligations hereunder may be made by
any party hereto (by operation of law or otherwise) without the prior written consent of the other party hereto and any attempted
assignment without the required consent shall be void.

 

[Signature
page follows]

 

    3

     

    

 

IN
WITNESS WHEREOF, Maker, intending to be legally bound hereby, has caused this Note to be duly executed by the undersigned
as of the day and year first above written.

 

	 	GLOBAL
    SYNERGY ACQUISITION CORP.
	 	 	 
	 	By:	/s/
    Alok Oberoi
	 	 	Name: 	 Alok Oberoi
	 	 	Title:	 President and Co-CEO

 

[Signature
Page to Promissory Note]

 

    4

     

    

 

AMENDMENT TO PROMISSORY NOTE

 

THIS AMENDMENT TO PROMISSORY
NOTE (this “Amendment”), is made and entered into as of December 11, 2020, between Global Synergy Acquisition
Corp., a Cayman Islands exempted company and blank check company (the “Maker”), and Global Synergy LLC, a Cayman
Islands limited liability company, or its registered assigns or successors in interest (the “Payee”, together
with the Maker, the “Parties”).

 

RECITALS

 

WHEREAS, on
February 28, 2020, the Maker issued to the Payee a Promissory Note (the “Note”); and

 

WHEREAS, the
Parties desire to amend the Note as set forth herein.

 

NOW, THEREFORE,
in consideration of the foregoing recitals and the mutual promises contained in this Amendment, and other good and valuable consideration,
and intending to be legally bound thereby, the Parties hereby agree as follows:

 

1.
Section 1 of the Note entitled “Principal” is hereby amended and restated by its entirety as follows:

 

“Principal. The principal
balance of this Note shall be payable by the Maker on the earlier of: (i) March 31, 2021 or (ii) the date on which Maker consummates
an initial public offering of its securities. The principal balance may be prepaid at any time. Under no circumstances shall any
individual, including but not limited to any officer, director, employee or shareholder of the Maker, be obligated personally for
any obligations or liabilities of the Maker hereunder.”

 

2.
Section 3 of the Note entitled “Drawdown Requests” is hereby amended and restated in its entirety as follows:

 

“Drawdown Requests.
Maker and Payee agree that Maker may request up to Three Hundred Thousand Dollars ($300,000) for costs reasonably related to Maker’s
initial public offering of its securities. The principal of this Note may be drawn down from time to time prior to the earlier
of: (i) March 31, 2021 or (ii) the date on which Maker consummates an initial public offering of its securities, upon written request
from Maker to Payee (each, a “Drawdown Request”). Each Drawdown Request must state the amount to be drawn down, and
must not be an amount less than One Thousand Dollars ($1,000) unless agreed upon by Maker and Payee. Payee shall fund each Drawdown
Request no later than five (5) business day after receipt of a Drawdown Request; provided, however, that the maximum amount of
drawdowns collectively under this Note is Three Hundred Thousand Dollars ($300,000). No fees, payments or other amounts shall be
due to Payee in connection with, or as a result of, any Drawdown Request by Maker.”

 

3.
Electronic Delivery; Counterparts. This Amendment and any signed agreement or instrument entered into in connection with
this Amendment, and any amendments hereto or thereto, may be executed in one or more counterparts, all of which shall constitute
one and the same instrument. Any such counterpart, to the extent delivered by means of a facsimile machine or by .pdf, .tif, .gif,
..peg or similar attachment to electronic mail (any such delivery, an “Electronic Delivery”) shall be treated
in all manner and respects as an original executed counterpart and shall be considered to have the same binding legal effect as
if it were the original signed version thereof delivered in person. At the request of any Party hereto, each other Party hereto
or thereto shall re-execute the original form of this Amendment and deliver such form to all other Parties. No Party hereto shall
raise the use of Electronic Delivery to deliver a signature or the fact that any signature or agreement or instrument was transmitted
or communicated through the use of Electronic Delivery as a defense to the formation of a contract, and each such Party forever
waives any such defense, except to the extent such defense relates to lack of authenticity.

 

    5

     

    

 

IN WITNESS WHEREOF,
the Parties have executed this Amendment effective as of the date first written above.

 

	GLOBAL SYNERGY ACQUISITION CORP.	 
	 	 	 
	/s/ Alok Oberoi	 
	Name:	Alok Oberoi	 
	Title:	President and Co-CEO	 
	 	 	 
	GLOBAL SYNERGY LLC	 
	 	 	 
	/s/ Jaideep Puri	 
	Name:	Jaideep Puri	 
	Title:	Manager	 

 

	
        [Signature Page to Amendment to Promissory
        Note]

 

 

6

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