RELEASE OF GUARANTY
EXECUTION VERSION
THIS RELEASE OF GUARANTY, dated as of June 8, 2006 (the "Effective Date"), is made by FIFTH THIRD BANK, an Ohio banking corporation ("Lender"), in favor of XXXXXXX XXXXXXXX ("Guarantor").
W I T N E S S E T H :
WHEREAS, Guarantor made an Amended and Restated Guaranty dated as of December 29, 2005, to, and for the benefit of, Lender in connection with Lender's loans to CECO FILTERS, INC., a Delaware corporation, NEW XXXXX CO., INC., a Delaware corporation, THE XXXX & XXXX MANUFACTURING COMPANY, an Ohio corporation, KBD/TECHNIC, INC., an Indiana corporation, CECOAIRE, INC., a Delaware corporation, and CECO ABATEMENT SYSTEMS, INC., a Delaware corporation (the "Guaranty"); and
WHEREAS, Xxxxxx has elected to release Guarantor of his obligations under the Guaranty.
NOW, THEREFORE, Xxxxxx hereby releases Guarantor of all of his indebtedness, obligations and liability under the Guaranty and terminates the Guaranty.
IN WITNESS WHEREOF, Xxxxxx has caused this Release of Guaranty to be duly executed as of the Effective Date.
FIFTH THIRD BANK
/s/Xxxxxx X. Xxxxxxxx
By:
Xxxxxx X. Xxxxxxxx, Vice President
Agreed to and Accepted as of the Effective Date.
/s/Xxxxxxx XxXxxxxx
XXXXXXX XXXXXXXX
