Document:

Exhibit 10.13

                                         February __, 2007

Churchill Ventures Ltd.
50 Revolutionary Road
Scarborough, New York 10510

Banc of America Securities LLC
9 West 57th Street
New York, NY 10019

     Re:  INITIAL PUBLIC OFFERING

Gentlemen:

     The undersigned officer and director of Churchill Ventures Ltd., a Delaware
corporation (the "COMPANY"),  in consideration of Banc of America Securities LLC
("BOFA") entering into a letter of intent (the "LETTER OF INTENT") to underwrite
an initial  public  offering (the "IPO") of the Company's  units (the  "UNITS"),
each  composed of one share of the Company's  common stock,  par value $.001 per
share (the "COMMON  STOCK"),  and one warrant which is exercisable for one share
of Common Stock (a "WARRANT") and embarking on the IPO process, hereby agrees as
follows  (certain  capitalized  terms used  herein are defined in  paragraph  12
hereof):

     1.   If the  Company  solicits  approval  of its stockholders of a Business
Combination, the undersigned will vote all his Insider Shares in accordance with
the majority of the votes cast by the holders of the IPO Shares. The undersigned
hereby  waives any and all rights to convert  his Insider  Shares in  connection
with  a  Business   Combination.   If  the  Company  solicits  approval  of  its
stockholders  for  dissolution  and  a  plan  of  distribution  of  assets,  the
undersigned  will vote all shares of common  stock owned by him in favor of such
plan.

     2.   In  the  event  that  the  Company  fails  to  consummate  a  Business
Combination  within (i) 18 months from the effective date ("EFFECTIVE  DATE") of
the registration statement relating to the IPO (the "REGISTRATION STATEMENT") or
(ii) 24 months after the  Effective  Date,  if a letter of intent,  agreement in
principle or  definitive  agreement has been executed with respect to a Business
Combination  within  18  months  after  the  Effective  Date,  but the  Business
Combination  has not been  consummated  within such 18 month period (the date of
the  first  such  failure  to  occur,  the  "TRANSACTION   FAILURE  DATE"),  the
undersigned  will take all  reasonable  actions  within  his or its power to (i)
cause the Trust Account to be liquidated  and  distributed to the holders of the
IPO Shares as soon as  practicable  and (ii) cause the Company to  dissolve  and
liquidate as soon as  practicable  (the earliest date on which the conditions in
clauses  (i) and (ii) are both  satisfied  being the  "LIQUIDATION  DATE").  The
undersigned  agrees,  (i)  if  the  Company  seeks  approval  of  the  Company's
stockholders to consummate a Business  Combination more than 18 months after the
date of the IPO,  the  undersigned  will  vote to  adopt  and  recommend  to the
Company's  stockholders  a plan of  distribution  to be  included  in the  proxy
statement related

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to the  Business  Combination  and such proxy  statement  will seek  stockholder
approval for  dissolution  and a plan of distribution in the event the Company's
stockholders  do not  approve  the  Business  Combination,  and (ii) if no proxy
statement  seeking the  approval of the  Company's  stockholders  for a Business
Combination has been filed more than 18 months after the date of the IPO (unless
the date has been extended),  the undersigned  shall vote to adopt and recommend
to the Company's stockholders the Company's dissolution.  The undersigned hereby
waives  any and all  right,  title,  interest  or claim of any kind in or to any
distributions  of the trust  account with  JPMorgan  Chase Bank,  NA (the "TRUST
ACCOUNT"),  or to any other amounts distributed in connection with a liquidating
distribution  of the  Company  including  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 Account for any reason whatsoever.  The
undersigned agrees that in the event the Company's  remaining assets outside the
Trust Account are  insufficient  to pay the costs of dissolution and liquidation
and subsequent  thereto in the event Churchill  Capital Partners LLC, a Delaware
limited liability company (the "RELATED PARTY") is unable to pay such costs, the
undersigned  agrees to bear such costs jointly and severally with Itzhak Fisher,
Elizabeth O'Connell and Nir Tarlovsky.

     3.   The  undersigned  agrees to indemnify  and hold  harmless the Company,
jointly and severally  with the other  officers of the Company,  against any and
all loss, liability,  claims, damage and expense whatsoever (including,  but not
limited  to,  any and  all  legal  or  other  expenses  reasonably  incurred  in
investigating, preparing or defending against any litigation, whether pending or
threatened,  or any claim whatsoever) to which the Company may become subject as
a result of any claim of any type, whatsoever and without exception, but in each
case only to the extent  necessary to ensure that such loss,  liability,  claim,
damage or expense  does not reduce the amount in the Trust  Account  (or, in the
event that such claim arises after the distribution of the Trust Account, to the
extent  necessary to ensure that the Company's former  stockholders,  other than
the  officers  of the  Company,  are not  liable  for any  amount of such  loss,
liability, claim, damage or expense).

     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 BofA 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 until the earlier of
(i) the  completion  of the Business  Combination  and (ii)  dissolution  of the
Company,  Related  Party  shall be  entitled  to a fee of $7,500 per  month,  to
compensate it for the Company's use of the Related  Party's  offices,  utilities
and personnel.  The Related Party and the undersigned  shall also be entitled to
reimbursement  from the Company  for their  out-of-pocket  expenses  incurred in
connection with seeking and  consummating a Business  Combination.  In addition,
the Related Party has advanced to the Company a loan of $240,000, which shall be
used to pay a portion of the  expenses  related to the IPO.  The loan is due and

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payable  on the  consummation  of the IPO  and  will  be  repaid  out of the net
proceeds of the IPO not placed in the trust account.

     6.   Neither the undersigned, any member of the family of the  undersigned,
nor any Affiliate of any of the  foregoing  will be entitled to receive and will
not  accept a finder's  fee or any other  compensation  from the  Company or any
other person or entity in the event the undersigned, any member of the family of
the  undersigned or any Affiliate of any of the foregoing  originates a Business
Combination.

     7.   The undersigned agrees  that his  Insider  Shares  will be  subject to
restrictions  on sale or other  transfer until the earlier of one year following
the  date  of the  Business  Combination;  dissolution  of the  Company;  or the
consummation  of  a  liquidation,   merger,  stock  exchange  or  other  similar
transaction which results in all stockholders having the right to exchange their
shares of common stock for cash,  securities  or other  property  subsequent  to
consummating a Business Combination with a target business.

     8.   The  undersigned shall not, with respect to those  Insider  Shares and
Sponsor  Warrants owned directly or indirectly by him, (i) sell,  offer to sell,
contract or agree to sell, hypothecate,  pledge, grant any option to purchase or
otherwise dispose of or agree to dispose of, directly or indirectly, or file (or
participate in the filing of) a  registration  statement with the Securities and
Exchange  Commission  in respect of, or establish  or increase a put  equivalent
position or liquidate or decrease a call equivalent  position within the meaning
of Section 16 of the Securities Exchange Act of 1934, as amended,  and the rules
and regulations of the Securities and Exchange Commission promulgated thereunder
with respect to, any shares of Common Stock, the Sponsor Warrants, the shares of
Common Stock  issuable upon exercise of the Sponsor  Warrants or any  securities
convertible  into or exercisable or  exchangeable  for shares of Common Stock or
such Sponsor  Warrants or other rights to purchase shares of Common Stock or any
such securities, (ii) enter into any swap or other arrangement that transfers to
another,  in whole or in part, any of the economic  consequences of ownership of
shares of Common Stock or Sponsor Warrants,  the shares of Common Stock issuable
upon  exercise of the Sponsor  Warrants or any  securities  convertible  into or
exercisable or exchangeable  for shares of Common Stock or such Sponsor Warrants
or other  rights to  purchase  shares of  Common  Stock or any such  securities,
whether  any such  transaction  is to be settled by delivery of shares of Common
Stock or such other securities, in cash or otherwise, or (iii) publicly announce
an  intention  to effect any  transaction  specified in clause (i) or (ii) until
with respect to his Insider Shares,  one year following the  consummation of the
Business  Combination  (the "INSIDER SHARES LOCK-UP PERIOD") and with respect to
the  Sponsor  Warrants,  upon  consummation  of the  Business  Combination  (the
"SPONSOR  WARRANTS  LOCK-UP  PERIOD",  together with the Insider  Shares Lock-Up
Period, the "LOCK-UP PERIOD").  Notwithstanding  the foregoing,  the undersigned
may transfer his Insider  Shares or Sponsor  Warrants  during the Lock-Up Period
(i) by gift to a member of the undersigned's immediate family or to a trust, the
beneficiary  of which is a  member  of an  undersigned's  immediate  family,  an
affiliate of the undersigned or to a charitable organization,  (ii) by virtue of
the laws of  descent  and  distribution  upon  death of the  undersigned,  (iii)
pursuant  to a qualified  domestic  relations  order,  or (iv) in the event of a
liquidation of the Company prior to a Business  Combination or the  consummation
of  a  liquidation,  merger,  capital  stock  exchange,  stock  purchase,  asset
acquisition  or other  similar  transaction  which  results in all the Company's

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stockholders having the right to exchange their shares of Common Stock for cash,
securities or other property subsequent to the Company's consummating a Business
Combination  with a target  business;  PROVIDED,  HOWEVER,  that the  permissive
transfers  pursuant  to  clauses  (i) - (iii) may be  implemented  only upon the
respective  transferee's  written  agreement  to  be  bound  by  the  terms  and
conditions  of this  letter  agreement,  including  with  respect  to the voting
requirements  pertaining to the Insider Shares and Sponsor Warrants.  During the
Lock-Up  Period,  the  undersigned  shall not grant a security  interest  in his
Insider Shares and Sponsor Warrants.

     9.  The  undersigned agrees to be the Chief Executive Officer and  director
of the Company.  The  undersigned's  biographical  information  furnished to the
Company and BofA and  attached  hereto as EXHIBIT A 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 Questionnaire furnished to the Company
and BofA and annexed as EXHIBIT B hereto is 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.

     10.  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 Chief Executive Officer and director of the Company.

     11.  The  undersigned  authorizes any employer,  financial  institution, or
consumer   credit   reporting   agency  to   release   to  BofA  and  its  legal
representatives  or agents (including any investigative  search firm retained by
BofA) any  information  they may have  about the  undersigned's  background  and
finances (the "INFORMATION"). Neither BofA 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.

     12.  As used  herein,  (i) a "BUSINESS  COMBINATION" shall mean the initial
acquisition  or  concurrent  acquisitions,  as the case may be, by the  Company,
whether by merger, capital stock exchange,  stock purchase, asset acquisition or
other similar business combination,  of an operating business or businesses,  as
the case may be, in the  communications,  media or

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technology  industries;  (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; (iv) "IPO SHARES" shall mean the shares of Common Stock issued
in the Company's IPO; and (v) "SPONSOR WARRANTS" shall mean warrants to purchase
5,000,000  shares of Common Stock that shall be  purchased by the Related  Party
from the Company at a price of $1.00 per warrant,  for a total of $5 million, in
a private placement prior to completion of the IPO.

     13. The undersigned acknowledges and understands that the Company will rely
upon  the  agreements,  representations  and  warranties  set  forth  herein  in
proceeding with the IPO. Nothing  contained herein shall be deemed to render the
Underwriters a  representative  of, or a fiduciary with respect to, the Company,
its  stockholders,  or any creditor or vendor of the Company with respect to the
subject matter hereof.

     14.  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 consummation of
the Business  Combination  and (ii) the  Liquidation  Date;  PROVIDED  that such
termination  shall not relieve the undersigned  from liability for any breach of
this agreement prior to its termination and PROVIDED,  FURTHER that Section 3 of
this letter agreement shall survive a termination pursuant to clause (ii).

     15.  This  letter  agreement  shall  be  governed  by and  interpreted  and
construed in  accordance  with the laws of the State of New York  applicable  to
contracts  formed  and to be  performed  entirely  within the State of New York,
without  regard to the  conflicts of law  provisions  thereof to the extent such
principles  or rules  would  require  or permit the  application  of the laws of
another jurisdiction.

                            [SIGNATURE PAGE FOLLOWS]

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    The undersigned hereby executes this letter agreement as of February ___,
2007.

                                               ---------------------------------
                                               Christopher Bogart

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                                                                       EXHIBIT A

CHRISTOPHER  BOGART has  served as our Chief  Executive  Officer  and a director
since our inception. Mr. Bogart is a Managing Director of Glenavy Capital LLC, a
private   investment  vehicle  and  merchant  banking  firm  that,  among  other
activities,  provides  worldwide  investment  management for Ronald S. Lauder, a
position  he has held  since  June  2003.  Mr.  Bogart  is also a member  of the
advisory board of Nielsen BuzzMetrics. Since January 2007, Mr. Bogart has been a
Manager  of  the  General  Partner  of  the  Glenavy  International  Arbitration
Investment   Fund,   LP,  an   international   investment   vehicle  that  funds
international  treaty-based  litigation.  From 1998 until June 2003,  Mr. Bogart
held  several  senior  executive  positions  at Time  Warner Inc.  (NYSE:  TWX),
including  Executive  Vice  President  &  General  Counsel,  Time  Warner  Inc.;
President and Chief Executive Officer, Time Warner Cable Ventures; and President
and Chief  Executive  Officer,  Time  Warner  Entertainment  Ventures.  Prior to
joining Time Warner,  Mr.  Bogart was a litigator  and  antitrust  lawyer with a
practice focused on  communications,  technology and media at Cravath,  Swaine &
Moore. Mr. Bogart is married to Ms. O'Connell.

                                       7Exhibit 10.14

                                                               February __, 2007

Churchill Ventures Ltd.
50 Revolutionary Road
Scarborough, New York 10510

Banc of America Securities LLC
9 West 57th Street
New York, NY  10019

     Re: INITIAL PUBLIC OFFERING

Gentlemen:

     The undersigned officer and director of Churchill Ventures Ltd., a Delaware
corporation (the "COMPANY"),  in consideration of Banc of America Securities LLC
("BOFA") entering into a letter of intent (the "LETTER OF INTENT") to underwrite
an initial  public  offering (the "IPO") of the Company's  units (the  "UNITS"),
each  composed of one share of the Company's  common stock,  par value $.001 per
share (the "COMMON  STOCK"),  and one warrant which is exercisable for one share
of Common Stock (a "WARRANT") and embarking on the IPO process, hereby agrees as
follows  (certain  capitalized  terms used  herein are defined in  paragraph  12
hereof):

     1. If the  Company  solicits  approval  of its  stockholders  of a Business
Combination, the undersigned will vote all her Insider Shares in accordance with
the majority of the votes cast by the holders of the IPO Shares. The undersigned
hereby  waives any and all rights to convert  her Insider  Shares in  connection
with  a  Business   Combination.   If  the  Company  solicits  approval  of  its
stockholders  for  dissolution  and  a  plan  of  distribution  of  assets,  the
undersigned  will vote all shares of common  stock owned by her in favor of such
plan.

     2. In the event that the Company fails to consummate a Business Combination
within  (i)  18  months  from  the  effective  date  ("EFFECTIVE  DATE")  of the
registration  statement  relating to the IPO (the  "REGISTRATION  STATEMENT") or
(ii) 24 months after the  Effective  Date,  if a letter of intent,  agreement in
principle or  definitive  agreement has been executed with respect to a Business
Combination  within  18  months  after  the  Effective  Date,  but the  Business
Combination  has not been  consummated  within such 18 month period (the date of
the  first  such  failure  to  occur,  the  "TRANSACTION   FAILURE  DATE"),  the
undersigned  will take all  reasonable  actions  within  his or its power to (i)
cause the Trust Account to be liquidated  and  distributed to the holders of the
IPO Shares as soon as  practicable  and (ii) cause the Company to  dissolve  and
liquidate as soon as  practicable  (the earliest date on which the conditions in
clauses  (i) and (ii) are both  satisfied  being the  "LIQUIDATION  DATE").  The
undersigned  agrees,  (i)  if  the  Company  seeks  approval  of  the  Company's
stockholders to consummate a Business  Combination more than 18 months after the
date of the IPO,  the  undersigned  will  vote to  adopt  and  recommend  to the
Company's  stockholders  a plan of  distribution  to be  included  in the  proxy
statement related

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to the  Business  Combination  and such proxy  statement  will seek  stockholder
approval for  dissolution  and a plan of distribution in the event the Company's
stockholders  do not  approve  the  Business  Combination,  and (ii) if no proxy
statement  seeking the  approval of the  Company's  stockholders  for a Business
Combination has been filed more than 18 months after the date of the IPO (unless
the date has been extended),  the undersigned  shall vote to adopt and recommend
to the Company's stockholders the Company's dissolution.  The undersigned hereby
waives  any and all  right,  title,  interest  or claim of any kind in or to any
distributions  of the trust  account with  JPMorgan  Chase Bank,  NA (the "TRUST
ACCOUNT"),  or to any other amounts distributed in connection with a liquidating
distribution  of the  Company  including  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 Account for any reason whatsoever.  The
undersigned agrees that in the event the Company's  remaining assets outside the
Trust Account are  insufficient  to pay the costs of dissolution and liquidation
and subsequent  thereto in the event Churchill  Capital Partners LLC, a Delaware
limited liability company (the "RELATED PARTY") is unable to pay such costs, the
undersigned  agrees to bear such costs jointly and severally with Itzhak Fisher,
Christopher Bogart and Nir Tarlovsky.

     3. The  undersigned  agrees to  indemnify  and hold  harmless  the Company,
jointly and severally  with the other  officers of the Company,  against any and
all loss, liability,  claims, damage and expense whatsoever (including,  but not
limited  to,  any and  all  legal  or  other  expenses  reasonably  incurred  in
investigating, preparing or defending against any litigation, whether pending or
threatened,  or any claim whatsoever) to which the Company may become subject as
a result of any claim of any type, whatsoever and without exception, but in each
case only to the extent  necessary to ensure that such loss,  liability,  claim,
damage or expense  does not reduce the amount in the Trust  Account  (or, in the
event that such claim arises after the distribution of the Trust Account, to the
extent  necessary to ensure that the Company's former  stockholders,  other than
the  officers  of the  Company,  are not  liable  for any  amount of such  loss,
liability, claim, damage or expense).

     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 BofA 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 until the earlier of
(i) the  completion  of the Business  Combination  and (ii)  dissolution  of the
Company,  the Related  Party shall be entitled to a fee of $7,500 per month,  to
compensate it for the Company's use of the Related  Party's  offices,  utilities
and personnel.  The Related Party and the undersigned  shall also be entitled to
reimbursement  from the Company  for their  out-of-pocket  expenses  incurred in
connection with seeking and  consummating a Business  Combination.  In addition,
the Related Party has advanced to the Company a loan of $240,000, which shall be
used to pay a portion of the  expenses  related to the IPO.  The loan is due and

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payable  on the  consummation  of the IPO  and  will  be  repaid  out of the net
proceeds of the IPO not placed in the trust account.

     6. Neither the  undersigned,  any member of the family of the  undersigned,
nor any Affiliate of any of the  foregoing  will be entitled to receive and will
not  accept a finder's  fee or any other  compensation  from the  Company or any
other person or entity in the event the undersigned, any member of the family of
the  undersigned or any Affiliate of any of the foregoing  originates a Business
Combination.

     7. The  undersigned  agrees  that her  Insider  Shares  will be  subject to
restrictions  on sale or other  transfer until the earlier of one year following
the  date  of the  Business  Combination;  dissolution  of the  Company;  or the
consummation  of  a  liquidation,   merger,  stock  exchange  or  other  similar
transaction which results in all stockholders having the right to exchange their
shares of common stock for cash,  securities  or other  property  subsequent  to
consummating a Business Combination with a target business.

     8. The  undersigned  shall not,  with respect to those  Insider  Shares and
Sponsor  Warrants owned directly or indirectly by her, (i) sell,  offer to sell,
contract or agree to sell, hypothecate,  pledge, grant any option to purchase or
otherwise dispose of or agree to dispose of, directly or indirectly, or file (or
participate in the filing of) a  registration  statement with the Securities and
Exchange  Commission  in respect of, or establish  or increase a put  equivalent
position or liquidate or decrease a call equivalent  position within the meaning
of Section 16 of the Securities Exchange Act of 1934, as amended,  and the rules
and regulations of the Securities and Exchange Commission promulgated thereunder
with respect to, any shares of Common Stock, the Sponsor Warrants, the shares of
Common Stock  issuable upon exercise of the Sponsor  Warrants or any  securities
convertible  into or exercisable or  exchangeable  for shares of Common Stock or
such Sponsor  Warrants or other rights to purchase shares of Common Stock or any
such securities, (ii) enter into any swap or other arrangement that transfers to
another,  in whole or in part, any of the economic  consequences of ownership of
shares of Common Stock or Sponsor Warrants,  the shares of Common Stock issuable
upon  exercise of the Sponsor  Warrants or any  securities  convertible  into or
exercisable or exchangeable  for shares of Common Stock or such Sponsor Warrants
or other  rights to  purchase  shares of  Common  Stock or any such  securities,
whether  any such  transaction  is to be settled by delivery of shares of Common
Stock or such other securities, in cash or otherwise, or (iii) publicly announce
an  intention  to effect any  transaction  specified in clause (i) or (ii) until
with respect to her Insider Shares,  one year following the  consummation of the
Business  Combination  (the "INSIDER SHARES LOCK-UP PERIOD") and with respect to
the  Sponsor  Warrants,  upon  consummation  of the  Business  Combination  (the
"SPONSOR  WARRANTS  LOCK-UP  PERIOD",  together with the Insider  Shares Lock-Up
Period, the "LOCK-UP PERIOD").  Notwithstanding  the foregoing,  the undersigned
may transfer her Insider  Shares or Sponsor  Warrants  during the Lock-Up Period
(i) by gift to a member of the undersigned's immediate family or to a trust, the
beneficiary  of which is a  member  of an  undersigned's  immediate  family,  an
affiliate of the undersigned or to a charitable organization,  (ii) by virtue of
the laws of  descent  and  distribution  upon  death of the  undersigned,  (iii)
pursuant  to a qualified  domestic  relations  order,  or (iv) in the event of a
liquidation of the Company prior to a Business  Combination or the  consummation
of  a  liquidation,  merger,  capital  stock  exchange,  stock  purchase,  asset
acquisition  or other  similar  transaction  which  results in all the Company's

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stockholders having the right to exchange their shares of Common Stock for cash,
securities or other property subsequent to the Company's consummating a Business
Combination  with a target  business;  PROVIDED,  HOWEVER,  that the  permissive
transfers  pursuant  to  clauses  (i) - (iii) may be  implemented  only upon the
respective  transferee's  written  agreement  to  be  bound  by  the  terms  and
conditions  of this  letter  agreement,  including  with  respect  to the voting
requirements  pertaining to the Insider Shares and Sponsor Warrants.  During the
Lock-Up  Period,  the  undersigned  shall not grant a security  interest  in her
Insider Shares and Sponsor Warrants.

     9. The undersigned agrees to be the Chief Financial Officer and director of
the Company. The undersigned's biographical information furnished to the Company
and BofA and attached  hereto as EXHIBIT A 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 Questionnaire furnished to the Company and BofA and annexed as
EXHIBIT  B  hereto  is  true  and  accurate  in all  respects.  The  undersigned
represents and warrants that:

        (a) she 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) she 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) she 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.

     10.  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 Chief Financial Officer and director of the Company.

     11. The  undersigned  authorizes any employer,  financial  institution,  or
consumer   credit   reporting   agency  to   release   to  BofA  and  its  legal
representatives  or agents (including any investigative  search firm retained by
BofA) any  information  they may have  about the  undersigned's  background  and
finances (the "INFORMATION"). Neither BofA 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.

     12. As used  herein,  (i) a "BUSINESS  COMBINATION"  shall mean the initial
acquisition  or  concurrent  acquisitions,  as the case may be, by the  Company,
whether by merger, capital stock exchange,  stock purchase, asset acquisition or
other similar business combination,  of an operating business or businesses,  as
the case may be, in the communications, media or

                                       4

<PAGE>

technology  industries;  (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; (iv) "IPO SHARES" shall mean the shares of Common Stock issued
in the Company's IPO; and (v) "SPONSOR WARRANTS" shall mean warrants to purchase
5,000,000  shares of Common Stock that shall be  purchased by the Related  Party
from the Company at a price of $1.00 per warrant,  for a total of $5 million, in
a private placement prior to completion of the IPO.

     13. The undersigned acknowledges and understands that the Company will rely
upon  the  agreements,  representations  and  warranties  set  forth  herein  in
proceeding with the IPO. Nothing  contained herein shall be deemed to render the
Underwriters a  representative  of, or a fiduciary with respect to, the Company,
its  stockholders,  or any creditor or vendor of the Company with respect to the
subject matter hereof.

     14.  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 consummation of
the Business  Combination  and (ii) the  Liquidation  Date;  PROVIDED  that such
termination  shall not relieve the undersigned  from liability for any breach of
this agreement prior to its termination and PROVIDED,  FURTHER that Section 3 of
this letter agreement shall survive a termination pursuant to clause (ii).

     15.  This  letter  agreement  shall  be  governed  by and  interpreted  and
construed in  accordance  with the laws of the State of New York  applicable  to
contracts  formed  and to be  performed  entirely  within the State of New York,
without  regard to the  conflicts of law  provisions  thereof to the extent such
principles  or rules  would  require  or permit the  application  of the laws of
another jurisdiction.

                            [SIGNATURE PAGE FOLLOWS]

                                       5

<PAGE>

     The undersigned  hereby executes this letter  agreement as of February ___,
2007.

                                               ---------------------------------
                                                Elizabeth O'Connell

                                       6

<PAGE>

                                                                       EXHIBIT A

ELIZABETH  O'CONNELL,  CFA,  has  served as our Chief  Financial  Officer  and a
director  since our  inception.  Ms.  O'Connell  is also a Managing  Director of
Glenavy  Capital LLC, a position she has held since June 2003. From 2001 to June
2003, Ms. O'Connell pursued personal and family interests. From 1999 until 2001,
Ms.  O'Connell  was a director at Credit Suisse First  Boston,  specializing  in
equity capital markets  transactions in the technology  sector.  From 1992 until
1999, Ms.  O'Connell was an investment  banker at Citigroup and its  predecessor
Salomon  Brothers  Inc,  specializing  from  1996 on in equity  capital  markets
transactions  in the  communications  sector.  Ms.  O'Connell  is married to Mr.
Bogart.

                                       7

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