Personal Guarantee

PERSONAL GUARANTEE

In consideration of Company’s agreeing to enter into a business relationship with Customer, Guarantor consents to the terms of the preceding Business Relationship Application (the “Application”) and related terms and conditions, and unconditionally guarantees and promises to pay to Company, when due and immediately upon demand, all indebtedness, obligations and liabilities of any kind or character, now or hereafter at any time owing by Customer to Company, together with all costs and expense, including but not limited to legal and other professional expenses incurred by or paid by Company (whether or not in connection with any arbitration, bankruptcy or similar proceeding) in exercising any right, power or remedy under this guarantee, even though no suit or action is brought.  THIS GUARANTEE IS A GUARANTEE OF PAYMENT AND NOT OF COLLECTION.

This guarantee shall remain in full force and effect as to all obligations of Customer to Company which are incurred before Company actually receives from the undersigned a notice in writing terminating this guarantee and those which are incurred within 10 days after Company’s receipt of such notice.  Liability under this guarantee is continuing, is independent of any obligation of any co-debtor and is not contingent upon the financial condition of Customer or any other event.

Company prefers to communicate with its Customers and their Guarantors electronically.  Guarantor may submit this form in writing or by fax to the address shown on the Application, or by a scanned copy to credit@heiskell.com. If Guarantor submits this guarantee electronically, Guarantor will be considered to have agreed to conduct business with Company electronically.