Credit Terms

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CREDIT TERMS

Individual Personal Guaranty

I, for and in consideration of your extending credit at my request to (the Company), personally guarantee prompt payment of any obligation of the Company to Tony’s Wholesale Supply Co. LLC (Seller), whether now existing or hereinafter incurred and I further agree to bind myself to pay on demand any sum which is due by the Company to Seller whenever the company fails to pay same. It is understood that this guaranty shall be an absolute, continuing and irrevocable guaranty for such indebtedness of the company.

I expressly waive presentment, demand, protest, notice of protest, dishonor, diligence, notice of default or nonpayment, notice of acceptance of this guaranty, notice of the extending of any guaranteed indebtedness already or hereafter contracted for by the company, notice of any modification or renewal of any credit agreement evidencing the indebtness hereby guaranteed, notice of any renewal or indebtedness hereby guaranteed an to all renewals or extensions of such indebtedness. I further waive any right to require Seller to proceed against, or make any effort at collection of the guaranteed indebted news from the Company or any other party liable for such indebtedness.

If the guaranteed indebtedness is not paid by me when due, and this guaranty is placed in the hands of an attorney for collection, or suit is brought hereon, or it is enforced through any judicial proceeding whatsoever, I shall pay all reasonable attorneys’ fees and court costs incurred by Seller

In the even more than one party executes this Guaranty as guarantor, then each guarantor agrees to be jointly and severally liable for the guaranteed indebtness, and, in all instances herein, the singular shall be construed to include the plural.

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