GLOBAL GUARANTY AGREEMENT
GLOBAL
GUARANTY
AGREEMENT
This
GLOBAL
GUARANTY AGREEMENT
dated as
of June 30, 2008 (the “Guaranty”),
is
given by (i) MobilePro Corp., a Delaware corporation (the “Company”);
and
(ii) each subsidiary and affiliate of the Company listed on Schedule
1
attached
hereto (the “Subsidiaries,”
and
collectively with the Company, the “Guarantors”)
in
favor of YA Global Investments, L.P. (f/k/a Cornell Capital Partners, L.P.)
(the
“Secured
Party”).
Capitalized terms used herein and not otherwise defined herein shall have the
respective meanings set forth in the Security Agreement (as defined
below).
WHEREAS:
A. The
Secured Party is the holder of certain Secured Convertible Debentures (the
“Original
Debentures”)
issued
by the Company to the Secured Party.
B. In
connection with a certain Amended and Restated Securities Purchase Agreement,
the Company has agreed, upon the terms and subject to the conditions of the
Amended and Restated Securities Purchase Agreement, to issue to the Secured
Party the Amended and Restated Secured Convertible Debentures (the “Secured
Convertible Debentures”)
(in
replacement of the Original Debentures).
C. The
Secured Party and certain of the Guarantors are parties to Prior Debt
Documents.
D. Each
of
the Guarantors has executed and delivered (i) a Global Security Agreement,
dated
as of the date hereof (as may be amended and supplemented from time to time,
the
“Security
Agreement”),
pursuant to which the Guarantors pledge and grant to the Secured Party a
security interest in and to all of such Guarantors’ assets and personal
property; the Secured Party; and (ii) an Intellectual Property Security
Agreement, dated as of the date hereof (as may be amended and supplemented
from
time to time, the “IP
Agreement”);
F. Certain
Guarantors, including the Company, have entered into a Global Pledge Agreement,
dated as of the date hereof (as may be amended and supplemented from time to
time, the “Pledge
Agreement”).
G. The
Secured Party has extended financial accommodations to the Guarantors, pursuant
to the Secured Convertible Debentures or otherwise, and each of the Guarantors
will directly benefit from the extension of such financial accommodation as
part
of the affiliated business operations of the Guarantors; each Guarantor
acknowledges that without this Guaranty, the Secured Party would not be willing
to enter into the transaction documents related to such financial
accommodations.
NOW,
THEREFORE,
in
consideration of the premises and the mutual covenants set forth herein, and
for
other good and valuable consideration the receipt and sufficiency of which
is
hereby acknowledged, each Guarantor hereby agrees as follows:
SECTION
1 Guaranty.
1.1 Guaranty.
(a) Each
Guarantor, as direct obligor and not merely as surety, hereby unconditionally,
absolutely, and irrevocably guarantees to the Secured Party the full payment
and
prompt performance of all of the Obligations. Without limiting the foregoing,
the Guarantors hereby agree that upon any Event of Default, the Guarantors
shall
immediately pay or perform any Obligations without notice, demand or formality
of any kind.
(b) The
term
“Obligations”
shall
mean and include any and all debts, liabilities, obligations, covenants and
duties owing by any Guarantor to the Secured Party, now existing or hereafter
arising of every nature, type, and description, whether liquidated,
unliquidated, primary, secondary, secured, unsecured, direct, indirect,
absolute, or contingent, and whether or not evidenced by a note, guaranty or
other instrument, and any amendments, extensions, renewals or increases thereof,
including, without limitation, all those under (i) the Transaction Documents;
(ii) any agreement or document related to the Transaction Documents; or (iii)
any other or related documents, and including any interest accruing thereon
after insolvency, reorganization or like proceeding relating to the Guarantors,
whether or not a claim for post-petition interest is allowed in such proceeding,
and all costs and expenses of the Secured Party incurred in the enforcement,
collection or otherwise in connection with any of the foregoing, including,
but
not limited to, reasonable attorneys’ fees and expenses and all obligations of
the Guarantors to the Secured Party to perform acts or refrain from taking
any
action.
1.2 Continuing
Guaranty.
(a) The
Obligations under this Guaranty are continuing, absolute, unconditional and
irrevocable irrespective of the validity, regularity, enforceability or value
of
any of the Obligations and notwithstanding any claim, defense or right of
set-off which the Guarantors may have against the Secured Party, including
any
such claim, defense or right based on any present or future applicable law
and
irrespective of any other circumstances which might otherwise constitute a
legal
or equitable release, defense or discharge of a surety or a guarantor. Without
limiting the generality of the foregoing, the Obligations of each Guarantor
hereunder shall not be discharged or impaired or otherwise affected
by:
(i) any
rescission, waiver, amendment or modification of any terms or provisions of
the
Obligations or the documents evidencing the same.
(ii) any
fraudulent, illegal, or improper act by any Guarantor or any failure, omission
or delay on the part of any Guarantor to conform or comply with any term of
the
Obligations or of this Guaranty;
(iii) any
failure of the Secured Party to assert a claim or demand or to enforce or
exercise any right or remedy against any Guarantor or any other guarantor for
any reason;
(iv) any
release or discharge by operation of law or otherwise of any Guarantor from
any
Obligation or the documents evidencing the same;
2
(v) any
change in the existence, structure or ownership of any Guarantor or the legal
incapacity of any Guarantor;
(vi) any
insolvency, bankruptcy, reorganization, arrangement, readjustment, composition,
liquidation or other similar proceeding affecting any Guarantor or its/his
assets or any resulting disallowance, release or discharge of all or any portion
of the Obligations;
(vii) the
failure by any Guarantor or any other person to sign this Guaranty;
and
(viii) any
other
occurrence, circumstance, happening or event, whether similar or dissimilar
to
the foregoing and whether foreseen or unforeseen, which otherwise might
constitute a legal or equitable defense or discharge of the liabilities of
a
guarantor or surety or which otherwise might limit recourse against any
Guarantor.
(b) This
Guaranty shall continue to be effective or be reinstated, as the case may be,
if
at any time payment or performance of the Obligations, or any part thereof,
to
the Secured Party is rescinded or must otherwise be returned by the Secured
Party upon the insolvency, bankruptcy or reorganization of the Guarantors,
all
as though such payment to the Secured Party has not been made.
1.3 Guaranty
of Payment and Not of Collection; Subordination.
(a) The
liability of each Guarantor shall be continuing, direct and immediate and not
conditional or contingent upon either the pursuit of any remedies against the
Company, a Guarantor or any other person or foreclosure of any security
interests or liens available to the Secured Party, its successors, endorsees
or
assigns. The Secured Party may accept any payment(s), plan for adjustment of
debts, plan of reorganization or liquidation, or plan of composition or
extension proposed by, or on behalf of, the Company or any other Guarantor
without in any way affecting or discharging the liability of any Guarantor.
If
the Obligations are partially paid, each Guarantor shall remain liable for
any
balance of such Obligations. Without limiting any other provision of, impairing
or affecting this Guaranty, the Secured Party may, at any time and from time
to
time, take or refrain from taking, all or any actions whatsoever, including
the
following actions: (a) retain or obtain a Lien in any property to secure any
of
the Obligations; (b) amend, extend, renew, adjust, waive or release any
Obligations or the terms thereof, (c) release or fail to perfect its interest
in
all or any property securing any of the Obligations or permit any substitution
or exchange for any such property.
(b) With
respect to any sum paid or payable by a Guarantor hereunder or in connection
herewith or otherwise, all rights of such Guarantor against any other Guarantor
arising as a result thereof by way of right of subrogation, contribution,
reimbursement, indemnity or otherwise shall in all respects be subordinate
and
junior in right of payment to the prior indefeasible payment or performance
in
full of all the Obligations. In addition, any indebtedness of any Guarantor
now
or hereafter held by any Guarantor is hereby subordinated in right of payment
to
the prior payment or performance in full of the Obligations and no Guarantor
shall demand, xxx for, or otherwise attempt to collect any such indebtedness,
or
prove any claim in competition with the Secured Party in respect of any payment
hereunder in bankruptcy or insolvency proceedings of any nature. If any amount
shall erroneously be paid to any Guarantor on account of (i) such subrogation,
contribution, reimbursement, indemnity or similar right or (ii) any such
indebtedness of any Guarantor as borrower of a Guarantor, such amount shall
be
held in trust for the benefit of the Secured Party and shall forthwith be paid
to the Secured Party to be credited against the payment of the
Obligations.
3
1.4 Discharge.
Each
Guarantor covenants and agrees that this Guaranty will not be discharged, except
by complete performance of the Obligations.
1.5 Interest. Guarantors
will pay on demand interest on all amounts due to the Secured Party under this
Guaranty, or arising under any documents, instruments, or agreements relating
to
any collateral securing this Guaranty, from the time the Secured Party first
demands payment of this Guaranty at a rate equal to the highest rate applicable
to any of the Obligations after the earlier of (i) demand, or (ii) maturity,
or
(iii) the occurrence of any event of default under any instrument, document
or
agreement evidencing the Obligations (but in no event higher than the highest
rate of interest which under the circumstances may be charged under applicable
law).
1.6 Costs
and Expenses.
Without
limiting any obligation of any Guarantor hereunder, each Guarantor agrees,
jointly and severally, to pay all reasonable fees and costs (including, without
limitation, reasonable attorneys’ fees and expenses, whether or not involving
litigation and/or appellate or bankruptcy proceedings) incurred by Secured
Party
in (i) collecting or securing or attempting to collect or secure this Guaranty
or each Secured Convertible Debenture; (ii) defending or prosecuting any actions
or proceedings arising out of or relating to the Secured Party’s transactions
with the Guarantors.
1.7 Indemnification. For
said
good and valuable consideration, the Guarantors also shall indemnify, defend,
and hold the Secured Party, or any agent, employee, officer, attorney, or
representative of the Secured Party, harmless of and from any claim brought
or
threatened against the Secured Party or any such person so indemnified by:
any
Guarantor; any other obligor or endorser of the Obligations; or any other person
(as well as from attorneys’ fees and expenses in connection therewith) on
account of the Secured Party’s relationship with the Guarantors; or any other
obligor or endorser of the Obligations (each of which may be defended,
compromised, settled, or pursued by the Secured Party with counsel of the
Secured Party’s selection, but at the expense of the undersigned).
SECTION
2 Additional
Guarantors.
Pursuant
to Section 6.12 of the Security Agreement, each subsidiary of the Guarantors
that is formed or acquired after the execution of this Guaranty is required
to
execute the Guaranty. Such subsidiary shall become a Guarantor hereunder with
the same force and effect as if originally named as a Guarantor herein. The
execution and delivery of any instrument adding an additional Guarantor as
a
party to this Guaranty shall not require the consent of any other Guarantor
hereunder. The rights and obligations of each Guarantor hereunder shall remain
in full force and effect notwithstanding the addition of any new Guarantor
as a
party to this Guaranty.
4
SECTION
3 Representations
and Warranties.
Each
Guarantor hereby represents and warrants to the Secured Party as follows:
(a) each
Guarantor has full power, right and authority to enter into and perform its
obligations under this Guaranty, and this Guaranty has been duly executed and
delivered by each Guarantor and constitutes the valid and binding obligation
of
each Guarantor and is enforceable against each Guarantor in accordance with
its
terms.
(b) No
permits, approvals or consents of or notifications to (a) any governmental
entities, or (b) any other persons or entities are necessary in connection
with
the execution, delivery and performance by any Guarantor of this Guaranty and
the consummation by each Guarantor of the transactions contemplated hereby.
(c) Neither
the execution and delivery of this Guaranty by any Guarantor nor the performance
by them of the transactions contemplated hereby will:
(i) violate
or conflict with or result in a breach of any provision of any law, statute,
rule, regulation, order, permit, judgment, ruling, injunction, decree or other
decision of any court or other tribunal or any governmental entity or agency
binding on a Guarantor or his properties, or conflict with or cause an event
of
default under any contract or agreement of a Guarantor; or
(ii) require
any authorization, consent, approval, exemption or other action by or notice
to
any court, administrative or governmental body, person, entity or any other
third party.
(d) Each
of
the Guarantors is solvent, able to pay its debts as they mature, has capital
sufficient to carry on its business, and the fair present saleable value of
its
assets, calculated on a going concern basis, is in excess of the amount of
its
liabilities.
(e) Except
as
set forth on Schedule
3(e),
the
Guarantors have no pending or threatened litigation, arbitration, actions or
proceedings which if adversely decided could reasonably be expected to result
in
a Material Adverse Effect, individually or in the aggregate.
SECTION
4. Event
of Default.
(a) For
purposes of this Guaranty, an event of default shall be deemed to have occurred
upon (i) the failure of any Guarantor to abide by the terms and conditions
of
this Guaranty; or (ii) an Event of Default occurs and is continuing under under
the Security Agreement or any other Transaction Document.
(b) Upon
an
event of default, all of the obligations of each Guarantor hereunder shall
be
immediately due and payable without any action on the part of the Secured Party,
and the Secured Party shall be entitled to seek and institute any and all
remedies available to it.
5
SECTION
5 Remedies,
Other Obligations, Breaches and Injunctive Relief.
(a) No
remedy
conferred under this Guaranty upon the Secured Party is intended to be exclusive
of any other remedy available to the Secured Party, pursuant to the terms of
this Guaranty or otherwise, at law or in equity (including a decree of specific
performance and/or other injunctive relief). No single or partial exercise
by
the Secured Party of any right, power or remedy hereunder shall preclude any
other or further exercise thereof.
(b) The
failure of the Secured Party to exercise any right or remedy under this Guaranty
or otherwise, or delay in exercising such right or remedy, shall not operate
as
a waiver thereof.
(c) Every
right and remedy of the Guarantors under any document executed in connection
with this transaction, including but not limited to this Guaranty or any other
Transaction Documents or under applicable law may be exercised from time to
time
and as often as may be deemed expedient by the Secured Party.
(d) The
Guarantors acknowledge that a breach by a Guarantor of its/his obligations
hereunder will cause irreparable harm to the Secured Party and that the remedy
at law for any such breach may be inadequate. The Guarantors therefore agree
that, in the event of any such breach or threatened breach by the Guarantors,
the Secured Party shall be entitled, in addition to all other available
remedies, to an injunction restraining any breach, and specific performance
without the necessity of showing economic loss and without any bond or other
security being required. Nothing herein shall limit Secured Party’s right to
pursue actual damages for any failure by a Guarantor to comply with the terms
of
this Guaranty.
SECTION
6 Maximum
Liability.
Notwithstanding
any provision herein contained to the contrary, each Guarantor's liability
under
this Guaranty shall be limited to an amount not to exceed as of any date of
determination the amount which could be claimed by any Secured Party from such
Guarantor under this Guaranty without rendering such claim voidable or avoidable
under Section 548 of the Bankruptcy Code (11
U.S.C.
§§ 101 et
seq.)
or
under any applicable state Uniform Fraudulent Transfer Act, Uniform Fraudulent
Conveyance Act or similar statute or common law (the “Avoidance
Provisions”)
after
taking into account, among other things, such Guarantor’s right of contribution
and indemnification from each other Guarantor, if any. To the end set forth
above, but only to the extent that the Obligations of a Guarantor hereunder
(the
“Guaranty
Obligations”)
would
otherwise be subject to avoidance under the Avoidance Provisions, if such
Guarantor is not deemed to have received valuable consideration, fair value,
fair consideration or reasonably equivalent value for the Guaranty Obligations,
or if the Guaranty Obligations would render such Guarantor insolvent, or leave
such Guarantor with an unreasonably small capital to conduct its business,
or
cause such Guarantor to have incurred debts (or to have intended to have
incurred debts) beyond its ability to pay such debts as they mature, in each
case as of the time any of the Guaranty Obligations is deemed to have been
incurred for the purposes of the Avoidance Provisions, the maximum Guaranty
Obligations for which such Guarantor shall be liable hereunder shall be reduced
to that amount which, after giving effect thereto, would not cause the Guaranty
Obligations as so reduced, to be subject to avoidance under the Avoidance
Provisions.
6
SECTION
7 Miscellaneous.
7.1 Notices,
Consents, etc.
Any
notices, consents, waivers or other communications required or permitted to
be
given under the terms hereof must be in writing and will be deemed to have
been
delivered: (i) upon receipt, when delivered personally; (ii) upon receipt,
when
sent by facsimile (provided confirmation of transmission is mechanically or
electronically generated and kept on file by the sending party); or (iii) one
(1) trading day after deposit with a nationally recognized overnight delivery
service, in each case properly addressed to the party to receive the same.
The
addresses and facsimile numbers for such communications shall be:
If
to any Guarantor:
|
c/o
MobilePro Corp.
0000
Xxxxxxxxx Xxxx., Xxxxx 000
Xxxxxxxx,
XX 00000
Attn:
Xxx. X. Xxxxxx, Chief Executive Officer
Telephone:
(000)-000-0000
Facsimile:
(000)-000-0000
|
|
With
a copy to:
|
Seyfarth
Xxxx LLP
000
Xxxxxxxxxxx Xxxxxx, X.X.
Xxxxx
000
Xxxxxxxxxx,
X.X. 00000-0000
Attn:
Xxxxxx X. Xxxxx, Esq.
Telephone:
(000)-000-0000
Facsimile:
(000) 000-0000
|
|
If
to Secured Party:
|
YA
Global Investments, L.P.
000
Xxxxxx Xxxxxx-Xxxxx 0000
Xxxxxx
Xxxx, Xxx Xxxxxx 00000
Attention:
Xxxx Xxxxxx
Portfolio
Manager
Telephone:
(000) 000-0000
Facsimile:
(000) 000-0000
|
|
With
Copies to:
|
Xxxx
Xxxxx, Esq.
000
Xxxxxx Xxxxxx - Xxxxx 0000
Xxxxxx
Xxxx, Xxx Xxxxxx 00000
Telephone:
(000) 000-0000
Facsimile:
(000) 000-0000
|
or
at
such other address and/or facsimile number and/or to the attention of such
other
person as the recipient party has specified by written notice given to each
other party five (5) trading days prior to the effectiveness of such change.
Written confirmation of receipt (A) given by the recipient of such notice,
consent, waiver or other communication, (B) mechanically or electronically
generated by the sender’s facsimile machine containing the time, date, recipient
facsimile number and an image of the first page of such transmission or (C)
provided by a nationally recognized overnight delivery service, shall be
rebuttable evidence of personal service, receipt by facsimile or receipt from
a
nationally recognized overnight delivery service in accordance with clause
(i),
(ii) or (iii) above, respectively.
7
7.2 Waiver
of Presentment.
To the
fullest extent permitted by law and except as otherwise provided herein, the
Guarantors waive demand, presentment, protest, notice of dishonor, suit against
or joinder of any other person, and all other requirements necessary to charge
or hold each Guarantor liable with respect to this Guaranty.
7.3 Severability.
If any
provision of this Guaranty is, for any reason, invalid or unenforceable, the
remaining provisions of this Guaranty will nevertheless be valid and enforceable
and will remain in full force and effect. Any provision of this Guaranty that
is
held invalid or unenforceable by a court of competent jurisdiction will be
deemed modified to the extent necessary to make it valid and enforceable and
as
so modified will remain in full force and effect.
7.4 Amendment
and Waiver.
This
Guaranty may be amended, or any provision of this Guaranty may be waived,
provided that any such amendment or waiver will be binding on a party hereto
only if such amendment or waiver is set forth in a writing executed by the
parties hereto. The waiver by any such party hereto of a breach of any provision
of this Guaranty shall not operate or be construed as a waiver of any other
breach.
7.5 Headings.
The
subject headings of Articles and Sections of this Guaranty are included for
purposes of convenience only and shall not affect the construction or
interpretation of any of its provisions.
7.6 Assignment.
This
Guaranty will be binding upon and inure to the benefit of the parties hereto
and
their respective successors and permitted assigns, but will not be assignable
or
delegable by the Guarantors. Except as otherwise provided herein, this Guaranty
shall bind and inure to the benefit of and be enforceable by the parties and
their permitted successors and assigns.
7.7 Further
Assurances.
Each
party will execute all documents and take such other actions as the other
parties may reasonably request in order to consummate the transactions provided
for herein and to accomplish the purposes of this Guaranty.
7.8 Third
Parties.
Nothing
herein expressed or implied is intended or shall be construed to confer upon
or
give to any person or entity, other than the stated beneficiaries of this
Guaranty and their respective permitted successors and assigns, any rights
or
remedies under or by reason of this Guaranty.
7.9 Liability
of Guarantors.
Notwithstanding any provision herein, the Guarantors, and each of them, are
and
shall be jointly and severally liable for any and all Obligations (whether
any
such Obligation is specified as an obligation of the Guarantors or of any of
them).
7.10 No
Strict Construction.
The
language used in this Guaranty will be deemed to be the language chosen by
the
parties hereto to express their mutual intent, and no rule of strict
construction will be applied against any party hereto.
8
7.11 Governing
Law; Jurisdiction.
This
Guaranty shall be governed by and interpreted in accordance with the laws of
the
State of New Jersey without regard to the principles of conflict of laws. The
parties further agree that any action between them shall be heard in Xxxxxx
County, New Jersey, and expressly consent to the jurisdiction and venue of
the
Superior Court of New Jersey, sitting in Xxxxxx County and the United States
District Court for the District of New Jersey sitting in Newark, New Jersey
for
the adjudication of any civil action asserted pursuant to this Paragraph,
provided,
however,
that
nothing herein shall prevent the Secured Party from enforcing its rights and
remedies (including, without limitation, by filing a civil action) with respect
to the Collateral and/or the Guarantors in any other jurisdiction in which
the
Collateral and/or the Guarantors may be located. Each party hereby irrevocably
waives personal service of process and consents to process being served in
any
such suit, action or proceeding by mailing a copy thereof to such party at
the
address for such notices to it under this Guaranty and agrees that such service
shall constitute good and sufficient service of process and notice thereof.
Nothing contained herein shall be deemed to limit in any way any right to serve
process in any manner permitted by law.
7.12 Waiver
of Jury Trial.
AS A
MATERIAL INDUCEMENT FOR THE SECURED PARTY TO MAKE FINANCIAL ACCOMMODATIONS
TO
THE COMPANY OR ANY GUARANTOR, EACH GUARANTOR HEREBY WAIVES, TO THE FULLEST
EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO TRIAL BY JURY
IN
ANY LEGAL PROCEEDING RELATED IN ANY WAY TO THIS GUARANTY AND/OR ANY AND ALL
OF
THE OTHER DOCUMENTS ASSOCIATED WITH THIS TRANSACTION.
7.13 Counterparts;
Facsimile Signatures.
This
Guaranty may be executed and delivered by exchange of facsimile signatures
of
the Secured Party and the Guarantors, and those signatures need not be affixed
to the same copy. This Guaranty may be executed in any number of
counterparts.
7.14 Entire
Agreement.
This
Guaranty (including the recitals hereto) and the other documents or agreements
delivered in connection herewith set forth the entire understanding of the
parties with respect to the subject matter hereof, and shall not be modified
or
affected by any offer, proposal, statement or representation, oral or written,
made by or for any party in connection with the negotiation of the terms hereof,
and may be modified only by instruments signed by all of the parties
hereto.
7.15 Collateral.
The
Guarantors’ obligations to the Secured Party hereunder shall be secured by all
collateral heretofore or hereafter granted to the Secured Party by the
Guarantors, whether in connection with this Guaranty or otherwise, including,
without limitation, all collateral granted to the Secured Party pursuant to
the
Security Agreement or the Pledge Agreement.
7.16 Existing
Guaranty.
The
Guaranty is intended to be supplemental to, and not in limitation of, any
existing guaranty in favor of the Secured Party to secure the Obligations,
whether under the Prior Debt Documents or otherwise. All such existing guaranty,
and any rights of the Secured Party in connection therewith, shall remain in
full force and effect in accordance with their respective terms, provided,
however,
that in
the event of a conflict between the terms of this Agreement and of any such
prior guaranty, or the documents evidencing the same, the terms of this
Agreement shall control.
9
IN
WITNESS WHEREOF,
each
Guarantor has caused this Global Guaranty Agreement to be signed as of the
date
first written above.
Guarantors:
MOBILEPRO
CORP., a Delaware corporation
|
PROGAMES
NETWORK, INC., a Delaware corporation
|
|||
By:
|
/s/ Xxx Xxxxxx |
By:
|
/s/ Xxx Xxxxxx | |
Name:
Xxx Xxxxxx
Title:
Chairman and CEO
|
Name:
Xxx Xxxxxx
Title:
Chairman
|
|||
DAVEL
FINANCING COMPANY, L.L.C., a Delaware limited liability
company
|
DAVEL
COMMUNICATIONS GROUP, INC., an Illinois corporation
|
|||
By:
|
/s/ Xxxxx Xxxxxx |
By:
|
/s/ Xxxxx Xxxxxx | |
Name:
Xxxxx Xxxxxx
Title:
Secretary
|
Name:
Xxxxx Xxxxxx
Title:
Secretary
|
|||
TELALEASING
ENTERPRISES, INC., an Illinois corporation
|
PEOPLES
TELEPHONE COMPANY, INC., a New York corporation
|
|||
By:
|
/s/ Xxxxx Xxxxxx |
By:
|
/s/ Xxxxx Xxxxxx | |
Name:
Xxxxx Xxxxxx
Title:
Secretary
|
Name:
Xxxxx Xxxxxx
Title:
Secretary
|
|||
PHONETEL
TECHNOLOGIES, INC., an Ohio corporation
|
DAVEL
ACQUISITION CORP., a Delaware corporation
|
|||
By:
|
/s/ Xxxxx Xxxxxx |
By:
|
/s/ Xxxxx Xxxxxx | |
Name:
Xxxxx Xxxxxx
Title:
Secretary
|
Name:
Xxxxx Xxxxxx
Title:
Secretary
|
|||
DAVEL
COMMUNICATIONS, INC., a Delaware corporation
|
CLOSECALLAMERICA,
INC., a Delaware corporation
|
|||
By:
|
/s/ Xxxxx Xxxxxx |
By:
|
/s/ Xxxx Xxxxxxx | |
Name:
Xxxxx Xxxxxx
Title:
Secretary
|
Name:
Xxxx Xxxxxxx
Title:
President
|
[Guaranty
Agreement Signature Page]
AMERICAN
FIBER NETWORK, INC., a Delaware corporation
|
||||
By:
|
/s/ Xxxx Xxxxxxx | |||
Name:
Xxxx Xxxxxxx
Title:
President
|
[Guaranty
Agreement Signature Page]
SCHEDULE
1
(Subsidiaries
and Affiliates)
ProGames
Network, Inc., a Delaware corporation
Davel
Financing Company, L.L.C., a Delaware limited liability company
Davel
Communications Group, Inc., an Illinois corporation
Telaleasing
Enterprises, Inc., an Illinois corporation
Peoples
Telephone Company, Inc., a New York corporation
PhoneTel
Technologies, Inc., an Ohio corporation
Davel
Acquisition Corp., a Delaware corporation
Davel
Communications, Inc., a Delaware corporation
CloseCall
America, Inc., a Delaware corporation
American
Fiber Network, Inc., a Delaware corporation
Schedule
3(e)
(Litigation)
[to
be
attached]