Document:

Letter Agreement-Morgan Joseph & Co. Inc. and Lee M. Canaan

 Exhibit 10.6 
  
 LEE M. CANAAN LETTER AGREEMENT 
  
 As of April 15, 2005 
  
 Oakmont Acquisition Corp. 
 33 Bloomfield Hills Parkway, Suite 240 

Bloomfield Hills, MI 48304 
  
 Morgan Joseph & Co. Inc. 
 600 Fifth Avenue, 19th Floor 
 New York, New York 10020 
  
 Re: Initial Public
Offering 
  
 Gentlemen: 
  
 The undersigned director and stockholder of Oakmont Acquisition Corp.
(“Company”), in consideration of Morgan Joseph & Co. Inc. (“Morgan Joseph”) 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 her in accordance with the majority of the votes cast by the holders of the IPO Shares. 
  
 2. The undersigned will escrow her 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. 
  
 3. 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 her power to cause the Company to
liquidate as soon as reasonably practicable. The undersigned hereby waives any and all right, title, interest or claim of any kind (“Claim”) in or to any distribution of the Trust Fund (as defined in the Letter of Intent)
with respect to her Insider Shares and 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. 

 4. 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 liquidation of the Company or until such time as the undersigned ceases to be a director of the Company, subject to any pre-existing fiduciary obligations the undersigned might have. 
  
 5. 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 Morgan Joseph that the business
combination is fair to the Company’s stockholders from a financial perspective. 
  
 6. Neither the undersigned, any member of the family of the undersigned, or any affiliate of the undersigned will be entitled to receive or accept a finder’s fee or any other compensation in the event the
undersigned, any member of the family of the undersigned or any affiliate of the undersigned originates a Business Combination. 
  
 7. The undersigned agrees to be a director of the Company until the earlier of the consummation by the Company of a Business Combination or the
liquidation of the Company. The undersigned’s biographical information furnished to the Company and Morgan Joseph 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
Morgan Joseph 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 she 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. 

  
 8. The undersigned has
full right and power, without violating any agreement by which she is bound, to enter into this letter agreement and to serve as a director of the Company. 
  
 9. 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 her out-of-pocket expenses incurred in
connection with seeking and consummating a Business Combination. 

 10. The undersigned authorizes any employer, financial institution, or consumer credit reporting agency
to release to Morgan Joseph and its legal representatives or agents (including any investigative search firm retained by Morgan Joseph) any information they may have about the undersigned’s background and finances
(“Information”), purely for the purposes of the Company’s IPO (and shall thereafter hold such information confidential). Neither Morgan Joseph 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 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. 
  

	
	 Lee M. Canaan

	Print Name of Insider
	
	 /s/ Lee M. Canaan

	Signature

 EXHIBIT A 
  

BIOGRAPHY 
  
 Lee M. Canaan has been a Director of the Company since our inception. Ms. Canaan is currently the managing director of the Braeburn Special Opportunities
Funds, a group of hedge funds based in Bloomfield Hills, Michigan. Prior to joining Braeburn, Ms. Canaan was a Managing Director of The Pembrook Group, a private investing and financial advisory firm in Houston, Texas. Prior to joining Pembrook, she
served as a Senior High Yield Analyst for AIM Capital Management, Inc., an investment firm located in Houston, Texas. Prior to joining AIM Capital Management, Inc. in 1996, Ms. Canaan was a Financial Consultant for ARCO Transportation Company in
Long Beach, California, which owns and operates common carrier interests. Ms. Canaan served on the Noble International, Ltd. Board of Directors from 2001 through 2004. Ms. Canaan holds a B.S. in geological sciences from the University of Southern
California and a M.B.A. in Finance from the Wharton School at the University of Pennsylvania.Letter Agreement-Morgan Joseph & Co. Inc. and KrisLee & Associates, LLC

 Exhibit 10.7 
  
 KRISLEE & ASSOCIATES, LLC LETTER AGREEMENT 
  
 As of April 18, 2005 
  
 Oakmont Acquisition Corp. 
 33 Bloomfield Hills Parkway, Suite 240 

Bloomfield Hills, MI 48304 
  
 Morgan Joseph & Co. Inc. 
 600 Fifth Avenue, 19th Floor 
 New York, New York 10020 
  
 Re: Initial Public
Offering 
  
 Gentlemen: 
  
 KrisLee & Associates, LLC (“KrisLee”), a
stockholder of Oakmont Acquisition Corp. (“Company”), in consideration of Morgan Joseph & Co. Inc. (“Morgan Joseph”) 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 9 hereof): 

 
 1. If the Company solicits approval of its stockholders of a Business
Combination, KrisLee will vote all Insider Shares owned by it in accordance with the majority of the votes cast by the holders of the IPO Shares. 
  
 2. KrisLee will escrow its 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 KrisLee and an escrow agent acceptable to the Company. 
  
 3. 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), KrisLee will take all reasonable actions within its power to cause the Company to liquidate as soon as reasonably practicable. KrisLee hereby waives any and all right,
title, interest or claim of any kind (“Claim”) in or to any distribution of the Trust Fund (as defined in the Letter of Intent) with respect to KrisLee’s Insider Shares and waives any Claim KrisLee 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. 

 4. KrisLee 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 Morgan Joseph that the business combination is fair to the Company’s
stockholders from a financial perspective. 
  
 5. Neither KrisLee,
or any member, officer, director, employee or any affiliate of KrisLee, will be entitled to receive or accept a finder’s fee or any other compensation in the event KrisLee, or any member, officer, director, employee or any affiliate thereof
originates a Business Combination. 
  
 6. KrisLee’s
Questionnaire furnished to the Company and annexed as Exhibit A hereto is true and accurate in all respects. KrisLee represents and warrants that the directors and officers of KrisLee are: 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; have 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 have never been suspended or
expelled from membership in any securities or commodities exchange or association or had a securities or commodities license or registration denied, suspended or revoked. 
  
 7. KrisLee has full right and power, without violating any agreement by which it is bound, to enter into this letter
agreement. 
  
 8. Neither KrisLee, or any member, officer,
director, employee or any affiliate of KrisLee, 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 KrisLee shall be entitled to
reimbursement from the Company for its out-of-pocket expenses incurred in connection with seeking and consummating a Business Combination. 
  
 9. 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 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. 
  

			
	KRISLEE & ASSOCIATES, LLC
		
	By:	 	 /s/ Robert J. Skandalaris

	 	 	Signature
		
	Title:	 	Manager
	
	 Robert J. Skandalaris

	Print Name of Insider Representative

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