EX-10.4
from 8-K/A
5 pages
Whereas, as a Result of the Transactions Contemplated by That Certain Share Exchange Agreement Between Nuvel, Guarantor and the Prior Securityholders of Nuvel, Dated as of the Date Hereof, Guarantor Is the Sole Shareholder of Nuvel, and as Such, Will Derive Direct and Indirect Benefits From the Issuance of the Note; and Whereas, in Order to Induce Lender to Loan the Funds Which Are the Subject of the Note, Guarantor Has Agreed to Execute and Deliver This Guaranty; Now, Therefore, Guarantor Agrees as Follows: 1. Guaranty. (A) Guarantor Absolutely and Unconditionally Personally Guarantees the Prompt Payment and Performance of All Obligations of Nuvel to Lender, Whether Now Existing or Hereafter Arising, Under the Note (Such Obligations Hereinafter Collectively Called the “Obligations”)
12/34/56