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PERSONAL
GUARANTEE OF PAYMENT AND AGREEMENT:
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induce Globe Electric Supply Co., Inc. (“Globe”) to sell and/or continue
to sell and deliver goods on credit to the above customer, and in consideration
thereof, the undersigned, being financially interested in the above customer,
hereby, jointly and severally, unconditionally, guarantee payment when
due of all indebtedness of the above customer including any amount currently
due to Globe as such indebtedness may exist from time to time together
with interest and/or finance charges. This guarantee shall be effective
and binding despite any terms or conditions of payment or extensions there
of which may be granted by Globe to the above customer, notice of which
is waived by the undersigned. Notice of default of payment by the above
customer is likewise waived by the undersigned. Should Globe seek to enforce
this guarantee, the undersigned, jointly and severally, agree to reimburse
Globe for any expenses, of collection, including reasonable counsel fees,
costs and disbursements. By typng my name and checking the box marked "ACCEPT",
I agree to be legally bound by the terms and conditions as set forth in
the statement above. |
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