GSR V ACQUISITION CORP.
5900 Balcones Drive, Suite 100 Austin, TX 78731
May 13, 2026
GSR V Sponsor LLC
5900 Balcones Drive, Suite 100
Austin, TX 78731
| Re: | Administrative Services and Indemnification Agreement |
Ladies and Gentlemen:
This letter agreement (this “Agreement”) by and between GSR V Acquisition Corp. (the “Company”) and GSR V Sponsor LLC (the “Sponsor”), dated as of the date hereof, will confirm our agreement that, commencing on the date the securities of the Company are first listed on the Nasdaq Global Market (the “Listing Date”), pursuant to a Registration Statement on Form S-1 and prospectus filed with the U.S. Securities and Exchange Commission (the “Registration Statement”) and continuing until the earlier of the consummation by the Company of an initial business combination or the Company’s liquidation (in each case as described in the Registration Statement) (such earlier date hereinafter referred to as the “Termination Date”):
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