Document:

Exhibit 10.2

                                                              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   stockholder  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 the 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  its 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 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  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

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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, the undersigned shall pay such costs.

     3. The  undersigned  agrees to  indemnify  and hold  harmless  the Company,
jointly and  severally  with the  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  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 undersigned  shall be entitled to a fee of
$7,500 per month,  to compensate  it for the Company's use of the  undersigned's
offices,  utilities and  personnel.  The  undersigned  shall also be entitled to
reimbursement  from the  Company  for its  out-of-pocket  expenses  incurred  in
connection with seeking and  consummating a Business  Combination.  In addition,
the undersigned  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
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  nor any  Affiliate 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  or
any Affiliate of the any of the foregoing originates a Business Combination.

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     7. The  undersigned  agrees  that its  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 it, (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 (the "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 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, (iii) publicly announce an
intention to effect any  transaction  specified in clause (i) or (ii) until with
respect to its  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") or (iv) exercise the Sponsor Warrants held by it
until a registration statement under the Securities Act of 1933, as amended (the
"SECURITIES  ACT"),  with  respect  to the  Units  is  effective  and a  current
prospectus is on file with the Commission Notwithstanding the foregoing,  during
the Lock-Up  Period the  undersigned  may  transfer  (A) its  Insider  Shares or
Sponsor  Warrants  (i)  by  gift  to 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  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 (B) its Sponsor
Warrants to members of the Company's  management team; PROVIDED,  HOWEVER,  that
such  permissive   transfers  may  be  implemented   only  upon  the  respective
transferee's written agreement to be bound by the terms

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<PAGE>

and  conditions  of this  letter  agreement.  During  the  Lock-Up  Period,  the
undersigned  shall not grant a  security  interest  in its  Insider  Shares  and
Sponsor Warrants.

     9. The undersigned represents and warrants that:

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

        (c) it 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.

     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 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  undersigned  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.

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     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 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.

                                         Churchill Capital Partners LLC

                                         By: __________________________________
                                             Name:
                                             Title:

                                       6Exhibit 10.3

                                                              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  stockholder and member of the advisory board 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 11 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 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

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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.

     3. 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.

     4. 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,  Churchill  Capital Partners LLC, a Delaware limited  liability 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
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.

     5. 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.

     6. 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.

     7. The  undersigned  shall not, with respect to those Insider  Shares owned
directly or  indirectly  by him, (i) sell,  offer to sell,  contract or agree to
sell, hypothecate,  pledge, grant any

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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 or
any securities  convertible  into or exercisable or  exchangeable  for shares of
Common  Stock 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 any  securities  convertible  into or  exercisable  or
exchangeable  for shares of Common Stock 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  "LOCK-UP
PERIOD").  Notwithstanding  the  foregoing,  the  undersigned  may  transfer his
Insider  Shares  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  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.  During the Lock-Up Period,  the undersigned  shall not grant a security
interest in his Insider Shares.

     8. The  undersigned  is a member of the  advisory  board of the Company and
agrees to provide advisory services as requested on the Company's operations and
potential  business  combinations on and from the effective date of the IPO. The
Company  agrees to use its best efforts to obtain an insurance  policy that will
cover the  undersigned in his advisory role. The Company agrees to indemnify and
hold the  undersigned  harmless for his actions while an advisor  (including his
legal fees and expenses).  The undersigned  will not owe any fiduciary duties to
the Company of any kind, and will simply be available to consult as requested on
the Company  operations and potential business  combinations.  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:

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        (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 advisory board of the Company.

     10. 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.

     11. 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 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.

     12. 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.

     13.  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

                                       4

<PAGE>

Liquidation  Date;   PROVIDED  that  such  termination  shall  not  relieve  the
undersigned  from  liability  for any  breach  of this  agreement  prior  to its
termination.

     14.  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.

                                               ---------------------------------
                                               Thomas Baxter

                                       6

<PAGE>

                                                                       EXHIBIT A

THOMAS BAXTER has served as a member of the advisory  board since our inception.
Mr. Baxter is a private  investor.  From October 2001 until  January  2005,  Mr.
Baxter served as President of Time Warner Cable,  a division of Time Warner Inc.
(NYSE:  TWX).  From 2000 to January 2001, Mr. Baxter was the President and Chief
Executive of Audible, Inc. (NASDAQ:  ADBL), an internet company focused on audio
programming.  From 1998  until  2000,  Mr.  Baxter was an  operating  partner at
Evercore  Partners,  an investment  banking and private  equity firm.  From 1989
until 1998, Mr. Baxter was the President of Comcast Cable.  Mr. Baxter is also a
director  of  Dycom  Industries  Inc.  (NYSE:   DY),  a  provider  of  specialty
contracting services to the telecommunications industry.

                                       7

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