PERSONAL GUARANTEE
OF PAYMENT AND AGREEMENT:
To 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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