Common use of Modification of Guaranty Clause in Contracts

Modification of Guaranty. This guaranty may not be modified or terminated orally. Authority and consent are hereby expressly given ARC from time to time, and without any notice to Guarantor, to give and make such extensions, renewals, settlements, and compromises as it may deem proper with respect to any of the indebtedness, liabilities and obligations covered by this guaranty; and the release by ARC of any other Entity, or settlement with any other Entity, or the revocation or impairment of this guaranty with respect to Guarantor, shall not operate to prejudice the rights of ARC against the Guarantor. It is understood that this is a continuing absolute and unconditioned guaranty, co-extensive with the ARA as presently constituted and as may be hereafter amended, including subsequent revisions and reissuances thereof. [The next page is the signature page.] Faxed and scanned signatures shall constitute original signatures and shall be treated with the same force and effect as original signatures. This Document Must Be Signed in the Presence of a Notary. (Printed Name of Guarantor) (Address) (City, State, Zip Code) (Telephone Number) (Signature of Guarantor) (FOR NOTARY USE ONLY) County of State of On this day of , 20 , (Print Name of Above Guarantor) appeared before me and, having been duly sworn by me, signed the Guaranty in my presence. Notary Public Signature NOTARY SEAL My commission expires on Section O: Additional Office Types

Modification of Guaranty. This guaranty may not be modified or terminated orally. Authority and consent are hereby expressly given ARC from time to time, and without any notice to Guarantor, to give and make such extensions, renewals, settlements, and compromises as it may deem proper with respect to any of the indebtedness, liabilities and obligations covered by this guaranty; and the release by ARC of any other Entity, or settlement with any other Entity, or the revocation or impairment of this guaranty with respect to Guarantor, shall not operate to prejudice the rights of ARC against the Guarantor. It is understood that this is a continuing absolute and unconditioned guaranty, co-extensive with the ARA as presently constituted and as may be hereafter amended, including subsequent revisions and reissuances thereof. [The next page is the signature page.] Faxed and scanned signatures shall constitute original signatures and shall be treated with the same force and effect as original signatures. This Document Must Be Signed in the Presence of a Notary. (Printed Name of Guarantor) (Address) (City, State, Zip Code) (Telephone Number) (Signature of Guarantor) (Title) (FOR NOTARY USE ONLY) County of State of On this day of , 20 , , (Print Name of Above Guarantor) appeared before me and, having been duly sworn by me, signed the Guaranty in my presence. NOTARY SEAL Notary Public Signature NOTARY SEAL My commission expires on Section O: Additional Office TypesSignature