Document:

Exhibit
10.5

 

Alpine
Acquisition Corporation

10141
N. Canyon View Lane

Fountain
Hills, Arizona 85268

 

__________,
2021

 

[Provider]

 

Ladies
and Gentlemen:

 

This
letter will confirm our agreement that, commencing on the effective date (the “Effective Date”) of the registration
statement (the “Registration Statement”) for the initial public offering (the “IPO”)
of securities of Alpine Acquisition Corporation (the “Company”) and continuing until the earlier of (i) the
consummation by the Company of an initial business combination or (ii) the Company’s liquidation (in each case as described in
the Registration Statement) (such earlier date hereinafter referred to as the “Termination Date”), ________
shall make available to the Company certain office space and administrative and support services as may be required by the Company from
time to time, situated at 10141 N. Canyon View Lane, Fountain Hills, Arizona 85268 (or any successor location) for $10,000 per month.
__________ hereby agrees that it does not have any right, title, interest or claim of any kind in or to any monies that may be set aside
in a trust account (the “Trust Account”) to be established upon the consummation of the IPO (the “Claim”)
and hereby waives any Claim it may have in the future as a result of, or arising out of, any negotiations, contracts or agreements with
the Company and will not seek recourse against the Trust Account for any reason whatsoever.

 

 

[Signature
Page Follows]

 

     

     

    

 

	 	Very truly yours,
	 	 	 
	 	ALPINE ACQUISITION CORPORATION
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	 Title:

 

	AGREED TO AND ACCEPTED BY:	 
	 	 	 
	[PROVIDER]	 
	 	 	 
	By:	 	 
	 	Name:	 
	 	 Title:	 

 

 

[Signature
Page to Administrative Services Agreement]Exhibit 10.6

 

As
of _________, 2021

 

Ladies
and Gentlemen:

 

Alpine
Acquisition Corporation (“Corporation”), a blank check company formed for the purpose of acquiring one or more businesses
or entities (a “Business Combination”), intends to register its securities under the Securities Act of 1933, as amended (“Securities
Act”), in connection with its initial public offering (“IPO”).

 

Alpine
Acquisition Sponsor LLC (the “Sponsor”) hereby commits to purchase an aggregate of 4,925,000 warrants of the Corporation
(“Initial Warrants”), each Initial Warrant to purchase one share of common stock, par value $0.0001 per share, of the Corporation
at $1.00 per Initial Warrant, for an aggregate purchase price of $4,925,000 (the “Initial Purchase Price”). Additionally,
if the underwriters in the IPO exercise their over-allotment option in full or part, the Sponsor further commits to purchase up to an
additional 487,500 warrants (“Additional Warrants” and together with the Initial Warrants, the “Private Warrants”)
at $1.00 per Additional Warrant for an aggregate purchase price of up to $487,500 (the “Over-Allotment Purchase Price” and
together with the Initial Purchase Price, the “Purchase Price”). At least 24 hours prior to the effective date (“Effective
Date”) of the Corporation’s registration statement filed in connection with the IPO (“Registration Statement”),
the Sponsor will cause the full Purchase Price to be delivered to Graubard Miller, counsel for the Corporation (“Counsel”),
by wire transfer as set forth in the instructions attached as Exhibit A to hold in a non-interest bearing account until the Corporation
consummates the IPO.

 

The
consummation of the purchase and issuance of the Initial Warrants and Additional Warrants (if any) shall occur simultaneously with the
consummation of the IPO and over-allotment option, respectively. Simultaneously with the consummation of the IPO, Counsel shall deposit
the Initial Purchase Price, without interest or deduction, into the trust account (“Trust Account”) established by the Corporation
for the benefit of the Corporation’s public shareholders as described in the Registration Statement. Simultaneously with the consummation
of all or any part of the over-allotment option, Counsel shall deposit the pro-rata portion of the Over-Allotment Purchase Price, based
upon the amount of the over-allotment option that has been exercised, without interest or deduction, into the Trust Account. Upon expiration
of the over-allotment option, Counsel shall return any unused portion of the Over-Allotment Purchase Price to the Sponsor. If the Corporation
does not complete the IPO within fourteen (14) days from the Effective Date, the Purchase Price (without interest or deduction) will
be returned to the Sponsor.

 

Each
of the Corporation and the Sponsor acknowledges and agrees that Counsel is serving hereunder solely as a convenience to the parties to
facilitate the purchase of the Private Warrants and Counsel’s sole obligation under this letter agreement is to act with respect
to holding and disbursing the Purchase Price for the Private Warrants as described above. Counsel shall not be liable to the Corporation
or the Sponsor or any other person or entity in respect of any act or failure to act hereunder or otherwise in connection with performing
its services hereunder unless Counsel has acted in a manner constituting gross negligence or willful misconduct. The Corporation and
the Sponsor, jointly and severally, shall indemnify Counsel against any claim made against it (including reasonable attorney’s
fees) by reason of it acting or failing to act in connection with this letter agreement except as a result of its gross negligence or
willful misconduct. Counsel may rely and shall be protected in acting or refraining from acting upon any written notice, instruction
or request furnished to it hereunder and believed by it to be genuine and to have been signed or presented by the proper party or parties.

 

The
Private Warrants will be identical to the warrants included in the units to be sold by the Corporation in the IPO, except that:

 

		●	the
Private Warrants will not be transferable (except to (a) to the Corporation’s initial stockholders, officers, directors, or consultants,
any affiliate or family member of any of the Corporation’s officers, directors, or consultants, any affiliate of the Corporation’s
initial stockholders or to any of their affiliates, (b) by private sales or transfers made in connection with any forward purchase agreement
or similar arrangement or in connection with the consummation of a Business Combination at prices no greater than the price at which
the Private Warrants were originally purchased; (c) by virtue of the laws of the State of Delaware or the limited liability company agreement
of any initial stockholder upon dissolution of such initial stockholder, (d) in the event of the Corporation’s liquidation prior
to the consummation of an initial Business Combination; or (e) in the event that, subsequent to the consummation of an initial Business
Combination, the Corporation completes a liquidation, merger, share exchange or other similar transaction which results in all of the
Corporation’s stockholders having the right to exchange their common stock for cash, securities or other property, in each case
(except for clause (d) or with the Corporation’s prior consent) where the transferee agrees to these transfer restrictions) until
30 days after the completion of a Business Combination;

 

     

     

    

 

		●	the
Private Warrants (and underlying shares of common stock) will be subject to customary registration rights, which shall be described in
the Registration Statement;

  

		●	the
Private Warrants will include any additional terms or restrictions as is customary in other similarly structured blank check company
offerings or as may be reasonably required by the underwriters in the IPO in order to consummate the IPO, each of which will be set forth
in the Registration Statement.

 

The
Sponsor hereby represents and warrants that:

 

	 	(a)	it
    has been advised that the Private Warrants have not been registered under the Securities Act;
	 	 	 
	 	(b)	it
    is acquiring the Private Warrants for its account for investment purposes only;
	 	 	 
	 	(c)	it
    has no present intention of selling or otherwise disposing of the Private Warrants in violation of the securities laws of the United
    States;
	 	 	 
	 	(d)	it
    is an “accredited investor” as defined by Rule 501 of Regulation D promulgated under the Securities Act of 1933, as amended;
	 	 	 
	 	(e)	it
    has had both the opportunity to ask questions and receive answers from the officers and directors of the Corporation and all persons
    acting on its behalf concerning the terms and conditions of the offer made hereunder;
	 	 	 
	 	(f)	it
    is familiar with the proposed business, management, financial condition and affairs of the Corporation;
	 	 	 
	 	(g)	it
    has full power, authority and legal capacity to execute and deliver this letter and any documents contemplated herein or needed to
    consummate the transactions contemplated in this letter; and
	 	 	 
	 	(h)	this
    letter constitutes the legal, valid and binding obligation of the Sponsor and is enforceable against it.

 

    2

     

    

 

	Very
    truly yours,	 
	 	 	 
	ALPINE
    ACQUISITION SPONSOR LLC	 
	 	 	 
	By:	 	 
	 	Name:	 
	 	Title:	 

 

	Accepted
    and Agreed:
	 	 
	ALPINE
    ACQUISITION CORPORATION
	 	 
	By:		 
	 	Name:	 
	 	Title:	 

 

	GRAUBARD MILLER	 
	(solely with respect to its obligations to hold and disburse monies for the Private Warrants)	 
	 	 	 

	By:	 	 
	 	Name:	 
	 	Title:	 

 

    3

     

    

 

EXHIBIT
A

 

 

    A-1Exhibit 10.7

 

PROMISSORY NOTE

 

	$150,000 		As of March 1, 2021

 

 

Alpine Acquisition Corporation
(“Maker”) promises to pay to the order of Alpine Acquisition Sponsor LLC or its successors or assigns (“Payee”)
the principal sum of One Hundred Fifty Thousand Dollars and No Cents ($150,000) in lawful money of the United States of America, on the
terms and conditions described below.

 

1. Principal.
The principal balance of this Note shall be repayable on the earlier of (i) December 31, 2021, (ii) the date on which Maker consummates
an initial public offering of its securities (“IPO”) or (iii) the date on which Maker determines to not proceed with such
IPO.

 

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

 

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

 

4. Events
of Default. The following shall constitute Events of Default:

 

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

 

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

 

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

 

    

     

    

 

5. Remedies.

 

(a) Upon
the occurrence of an Event of Default specified in Section 4(a), Payee may, by written notice to Maker, declare this Note to be due and
payable, whereupon the principal amount of this Note, and all other amounts payable thereunder, shall become immediately due and payable
without presentment, demand, protest or other notice of any kind, all of which are hereby expressly waived, anything contained herein
or in the documents evidencing the same to the contrary notwithstanding.

 

(b) Upon
the occurrence of an Event of Default specified in Sections 4(b) and 4(c), the unpaid principal balance of, and all other sums payable
with regard to, this Note shall automatically and immediately become due and payable, in all cases without any action on the part of Payee.

 

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

 

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

 

8. Notices.
Any notice called for hereunder shall be deemed properly given if (i) sent by certified mail, return receipt requested, (ii) personally
delivered, (iii) dispatched by any form of private or governmental express mail or delivery service providing receipted delivery, (iv)
sent by telefacsimile or (v) sent by e-mail, to the following addresses or to such other address as either party may designate by notice
in accordance with this Section:

 

If to Maker:

 

Alpine Acquisition Corporation

10141 N. Canyon View
Lane

Fountain Hills, Arizona
85268

 

    2

     

    

 

If to Payee:

 

Alpine Acquisition Sponsor
LLC

10141 N. Canyon View
Lane

Fountain Hills, Arizona
85268

 

Notice shall be deemed given
on the earlier of (i) actual receipt by the receiving party, (ii) the date shown on a telefacsimile transmission confirmation, (iii) the
date on which an e-mail transmission was received by the receiving party’s on-line access provider (iv) the date reflected on a
signed delivery receipt, or (vi) two (2) Business Days following tender of delivery or dispatch by express mail or delivery service.

 

9. Construction.
This Note shall be construed and enforced in accordance with the domestic, internal law, but not the law of conflict of laws, of the State
of New York.

 

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

 

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

 

	 	ALPINE ACQUISITION CORPORATION
	 	 	 
	 	By:	                  
	 	 	Name:
	 	 	Title:

 

 

3

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00330-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00330-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00330-of-00352.parquet"}]]