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Exhibit 10.22  

 
 

McCown De Leeuw & Co., LLC
  Office Service Agreement    
    

        This Agreement is dated                        , 2005 and is
entered into between McCown De Leeuw & Co., LLC ("McCown De Leeuw") and MDC Acquisition
Partners Inc. ("Client"). 

        McCown
De Leeuw and Client agree that McCown De Leeuw will provide to Client, for and in consideration of the fees set forth herein, an exclusive license to use the Offices (as defined
below), and, in common with McCown De Leeuw's other clients, a non-exclusive license to use McCown De Leeuw's facilities and services as outlined below. 

1.    Basic Terms.    

        (a)   Monthly Fixed Fee for Base Services (as defined in Section 2 below): [$5,000.00] 

        (b)   Monthly Fixed Fee for Office Services (as defined in Section 3 below): [$5,000.00] 

        (c)   Facilities: 950 Tower Lane, Suite 800, Foster City, CA 94404 (the "Facilities") 

        (d)   Number of offices in the Building: 1(the "Offices") 

        (e)   Maximum Occupancy: 1 person per office 

        (f)    Term: a two (2) year period commencing with the effective date of Client's proposed initial public offering of its
units pursuant to Client's Registration Statement on Form S-1, as amended or supplemented from time to time, (the "Registration
Statement") filed with the Securities and Exchange Commission on July 5, 2005, (the "Effective Date"), until the earlier of Client's (i) failure to enter into a letter of intent,
definitive agreement or agreement in principle with respect to a Business Combination (as defined in the Registration Statement) on any day during the eighteen-month period immediately following the
Effective Date, and (ii) the failure to consummate a Business Combination on any day during the twenty-four-month period immediately following the Effective Date (the
"Term") 

2.    Base Services.    Client shall be provided with the exclusive use of the
Offices and shall have access to the Offices twenty-four (24) hours a day, seven (7) days a week. In exchange for the Monthly Fixed Fee for Base Services, McCown De Leeuw
agrees to provide the following base services: office cleaning, maintenance services, office supplies, electricity, and heating and air conditioning to the Offices (the "Base Services"). In addition,
Client will have reasonable use of McCown De Leeuw common area facilities, conference rooms, etc. Client shall have use of the Offices and auxiliary areas of the Facilities solely for general office
use in the conduct of Client's business. 

        If,
for any reason whatsoever, McCown De Leeuw is unable to deliver possession of the Offices or mutually agreed upon alternative office, at the time herein agreed, Client may either
extend the Term by a period of time equal to the number of days elapsed until the Offices become available or, as its sole remedy for such failure, cancel and terminate this Agreement if the Offices
are not delivered to Client within five (5) business days after written notice is delivered to McCown De Leeuw by Client, in which case any prior payments shall be fully refunded. No such
failure to deliver possession shall subject McCown De Leeuw to any liability for any loss or damage, nor affect the validity of this Agreement or the obligations of Client hereunder. 

        In
order to accommodate the needs of multiple potential office clients, McCown De Leeuw will have the option, exercisable upon ten (10) days' prior written notice, to relocate
Client to other offices within the Facilities and to substitute such other offices for the Offices contracted herein, provided that such other offices are substantially similar in area and
configuration to Client's contracted offices and, provided further, that Client shall incur no increase in the total monthly fee or any relocation cost or expense. 

3.    Office Services.    McCown De Leeuw agrees, in exchange for a Monthly Fixed
Fee for Office Services (which fee is in addition to the Monthly Fixed Fee for Base Services), to provide the following 

office
services: administrative support, including, but not limited to, information technology, secretarial and bookkeeping services as well as communications services such as unlimited use of
Internet/Data, telephone, fax and photocopier (the "Office Services"). 

        McCown
De Leeuw will answer all incoming phone calls during normal business hours, unless otherwise mutually agreed, as reasonably determined by McCown De Leeuw. 

        Client
acknowledges that due to the imperfect nature of verbal, written and electronic communications, McCown De Leeuw shall not be responsible for any damages, direct or consequential,
that may result from the failure of McCown De Leeuw to furnish any service, including, but not limited to, the conveying of messages, communications and other utilities or services required under this
Agreement. 

        Client
expressly agrees to waive the right to make any claim for any damages, direct or consequential, arising out of any failure to furnish any utility, service or facility, any error
or omission with respect thereto, or any delay or interruption of the same. 

4.    Duration of Agreement.    Prior to expiration of the term, either party may
terminate the Agreement upon 30 days' advance written notice to the other party. After expiration of the Term, the Agreement will automatically terminate. 

5.    Payments.    The Monthly Fixed Fee for Base Services and the Monthly Fixed Fee
for Office Services will be billed in advance. Statements will be placed in the mailbox, faxed or personally delivered to Client on the first day of each month with payment due by the fifth day of
each month. If the Term shall not commence on the first day of a month or end on the last day of a month, fees for any such month shall be prorated. All amounts payable hereunder shall be payable at
the office of McCown De Leeuw or to such other location or to any agent designated in writing by McCown De Leeuw. 

6.    Damages and Insurance.    Client will not damage or deface the furnishings,
walls, floors or ceiling in the Facilities. Client will not cause damage to any part of the Facilities or disturb the quiet enjoyment of any other licensee or occupant of the Facilities nor suffer to
be made any waste, obstruction or unlawful, improper or offensive use of the Offices or the common area of the Facilities. Upon termination of this Agreement, Client will return the Offices in as good
of condition as when Client took possession, though normal wear and tear shall be expected. McCown De Leeuw shall have the right to show the Offices to prospective clients, provided that McCown De
Leeuw will use reasonable efforts not to disrupt Client's business. 

        McCown
De Leeuw and its respective directors, licensors, officers, agents, servants and employees shall not, to the extent permitted by law, except upon the affirmative showing of McCown
De Leeuw's gross negligence or willful misconduct, be liable for, and Client waives all right of recovery against such entities and individuals for any damage or claim with respect to any injury to
person or damage to, or loss or destruction of any property of Client, its employees, authorized persons and invitees due to any act, omission or occurrence in or about the Facilities. Without
limitation of any other provision hereof, Client agrees to indemnify, defend, protect and hold McCown De Leeuw and its respective directors, licensors, officers, agents, servants and employees
harmless from and against all liability to third parties arising out of Client's use and occupancy of the Offices or actions or omissions of Client and its agents,
employees, contractors, and invitees. Client further agrees that all personal property of Client, its agents, employees, contractors, and invitees, within or about the Facilities shall be at the sole
risk of Client. 

        McCown
De Leeuw and Client each hereby waive any and all rights of recovery against each other, or against the officers, employees, agents or representatives of the other, for loss of or
damage to its property or the property of others under its control, to the extent such loss or damage is covered by any insurance policy. 

        If
the Facilities are made unusable, in whole or in part by fire or other casualty not due to the negligence of Client, McCown De Leeuw may, at its option, terminate the Agreement upon
notice to 

Client,
effective upon such casualty, or may elect to repair, restore, or rehabilitate, or cause to be repaired, restored or rehabilitated, the Facilities, without expense to Client, within ninety
(90) days or within such longer period of time as may be required because of events beyond McCown De Leeuw's control. The Monthly Fixed Fee for Base Services and the Monthly Fixed Fee for
Office Services shall be abated on a pro rata basis for the period of time the Offices are unusable. 

7.    Default.    The Client shall be deemed to be in default under this Agreement:
(a) if Client fails to pay the Monthly Fixed Fee for Base Services or Monthly Fixed Fee for Office Services within five (5) business days after the same becomes due and payable,
(b) if Client fails to promptly and fully perform any other provisions of this Agreement and any such default continues in excess of five (5) business days after written notice is
delivered by McCown De Leeuw, or (c) if Client fails to comply with the laws or permit licensing rules and other requirements regulating the conduct of Client's business. Should Client be in
default hereunder, McCown De Leeuw may terminate any or all of the services for the period of such default. 

8.    Miscellaneous.    

        (a)   This is the only Agreement between the parties with respect to the subject matter set forth herein. All amendments to
this Agreement shall be in writing and signed by all parties. Any attempted amendment in form other than as set forth in this Section 8(a) shall be void. The invalidity or unenforceability of
any provision hereof shall not affect the remainder hereof. 

        (b)   All waivers must be in writing and signed by the waiving party. McCown De Leeuw's failure to enforce any provision of
this Agreement or its acceptance of fees shall not be deemed a waiver and shall not prevent McCown De Leeuw from enforcing any provisions of this Agreement in the future. No receipt of money by McCown
De Leeuw shall be deemed to waive any default of Client or to extend, reinstate or continue the term hereof. 

        (c)   With respect to the trust account that will hold substantially all of the offering proceeds the Client expects to raise
in the Offering (the "Trust Account"), McCown De Leeuw hereby waives any right of recourse against the Trust Account and agrees not to seek reimbursement, payment or satisfaction of any claim against
the Trust Account. 

        (d)   The laws of the State of California shall govern this Agreement. 

        (e)   Client represents and warrants to McCown De Leeuw that there are no agents, brokers, finders or other parties with whom
Client has dealt who are or may be entitled to any commission or fee with respect to this Agreement. 

        (f)    Neither Client nor anyone claiming by, through or under Client shall assign this Agreement or permit the use of any
portion of the Offices or the Facilities by any person other than Client. 

        (g)   All notices hereunder shall be in writing. Notices to Client shall be deemed to be duly given if
hand-delivered to Client's mailbox in the McCown De Leeuw facilities at 950 Tower Lane, Suite 800, Foster City, CA 94404. Notice to McCown De Leeuw shall be deemed to be duly given if
mailed by registered or certified mail, postage prepaid, to 950 Tower Lane, Suite 800, Foster City, CA 94404. 

        (h)   Client acknowledges that McCown De Leeuw will comply with U.S. Postal Service regulations regarding client mail and, upon
termination of this Agreement, it will be Client's responsibility to notify all parties of termination of the use of the above-described address. 

        (i)    McCown De Leeuw may assign this Agreement and/or any fees hereunder and Client agrees to attorn any such assignee. 

        (j)    Notwithstanding anything to the contrary contained herein, Client shall look solely to the interest of McCown De Leeuw in
the Master Lease for the satisfaction of any of Client's remedies with regard to the payment of money or otherwise and no other property or assets of McCown De Leeuw shall be subject to levy,
execution or other enforcement procedures for the satisfaction of Client's remedies or with respect to this Agreement, the relationship of the parties hereunder or Client's use of the Premises, such
exculpation of personal liability to be absolute. 

        (k)   McCown De Leeuw shall not be liable for any interruption or error in the performance of its services to Client. Client
waives any recourse against McCown De Leeuw arising from the provision of such services, including, without limitation, any claim of business interruption or for any indirect, incidental, special,
consequential or punitive damages, except for claims arising out of willful misconduct by McCown De Leeuw. 

        (l)    McCown De Leeuw will not be liable for any claim of business interruption or for any indirect, incidental, special,
consequential, exemplary or punitive damages arising out of any failure to furnish any service or facility, any error or omission with respect thereto, or any delay or interruption of the same. 

        (m)  McCown De Leeuw and its agents will have the right of access to the Offices and the McCown De Leeuw Building and
facilities at any time for the purpose of (i) making any repairs, alterations and/or inspections that it deems necessary in its sole discretion for the preservation, safety or improvements of
the facilities, or (ii) to show the facilities to prospective Clients without in any way being deemed or held to have committed an eviction (constructive or otherwise) of or trespass against
Client. 

        (n)   Failure of McCown De Leeuw to insist upon the strict performance of any term or condition of this Agreement or to
exercise any right or remedy available for a breach thereof, or acceptance of full or partial payment during the continuance of any such breach, will not constitute a waiver of any such breach or any
such term or condition. No term or condition of this Agreement required to be performed by Client and no breach thereof, will be waived, altered or modified, except by a written instrument executed by
McCown De Leeuw. 

        (o)   Client will comply with and be bound by all provisions of the Master Lease and, subject to the limitations listed above
in Section 7, Client will indemnify and hold McCown De Leeuw harmless from and against any claim or liability under the Master Lease arising from Client's breach of the Master Lease or this
Agreement. 

	MDC Acquisition Partners Inc.	 	McCown De Leeuw, LLC
	

950 Tower Lane, Suite 800

Foster City, CA 94404	
 	

950 Tower Lane, Suite 800

Foster City, CA 94404
	

By:	
 	

 
	
 	

By:	
 	

 

	Title	 	 	 	Title	 	 
	Date:	 	 	 	Date:	 	 

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Exhibit 10.25    
    

 
 

MDC Acquisition Partners Inc.
  Amendment to Founder Stock Purchase AGreement    
    

        THIS AMENDMENT TO FOUNDER STOCK PURCHASE AGREEMENT (the "Amendment") is made as of the 26th day of September,
2005, by and between MDC ACQUISITION PARTNERS INC., a Delaware corporation (the "Company"), and ROBERT B. HELLMAN,
JR. ("Purchaser"). 

 
 

RECITALS    
    

        WHEREAS, the Company and the Purchaser have entered into that certain Founder Stock Purchase Agreement dated
June 21, 2005 (the "Agreement"), pursuant to which the Purchaser purchased an aggregate of 875,000 shares of Common Stock of the Company. Except as otherwise provided herein, capitalized terms
used in this Amendment shall have the definitions set forth in the Agreement. 

        WHEREAS, the Agreement contained certain limitations on transfer and parties now wish to amend the Agreement to allow for the transfer of
shares of the Company by Purchaser to Purchaser's ancestors, descendants or spouse or to trust for the benefit of such persons or the Purchaser, as more particularly set forth in this Amendment. 

        WHEREAS, Section 17(g) of the Agreement provides that such Agreement may be amended, modified or revoked, in whole or in part, by
an agreement in writing executed by the Company and the Purchaser. 

        NOW, THEREFORE, for good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, the parties hereto agree
as follows: 

 
 

AGREEMENT    
    

	1.
	The Agreement is amended by adding the following paragraph as section as Section 10(a): 

"Notwithstanding
the foregoing limitations on transfers, there shall be no restrictions on any transfer without consideration of all or less than all of the Stock to the Purchaser's ancestors,
descendants or spouse or to trust for the benefit of such persons or the Purchaser; provided that in each case the transferee will agree in writing to be subject to the terms and conditions of this
Agreement to the same extent as the Purchaser." 

	2.
	This Amendment shall be governed by and construed in accordance with the laws of the State of California.

	3.
	This Amendment may be executed in two or more counterparts, each of which shall be deemed an original and all of which together shall
constitute one instrument.

	4.
	In accordance with Section 17(g) of the Agreement, this Amendment shall be effective upon its execution by the Company and the
Purchaser.

	5.
	Except as herein expressly amended hereby, all terms, covenants and provisions of the Agreement are and shall remain in full force and
effect and all references therein to such Agreement shall henceforth refer to the Agreement as amended by this Amendment. This Amendment shall be deemed incorporated into, and a part of, the
Agreement. 

[Signature
page follows.] 

 

        IN WITNESS WHEREOF, the parties hereto have executed this Amendment as of the day and year first above written. 

	

 	
MDC ACQUISITION PARTNERS INC.
	

 	

/s/  MATTHEW P. CARBONE      
 Matthew P. Carbone, President
	

 	
PURCHASER:
	

 	

/s/  ROBERT B. HELLMAN, JR.      
 Robert B. Hellman, Jr.

2

QuickLinks

Exhibit 10.25

MDC Acquisition Partners Inc. Amendment to Founder Stock Purchase AGreement

RECITALS

AGREEMENT

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