PERSONAL GUARANTY AGREEMENTPersonal Guaranty Agreement • September 15th, 2022 • Minnesota
Contract Type FiledSeptember 15th, 2022 JurisdictionThis Guaranty is given this day of , 20 , by (“Guarantor”) who has an ownership interest in , shareholder # (“Shareholder”), the owner or proposed transferee of Preferred Shares of American Crystal Sugar Company (“ACSC”). This Guaranty is given in consideration of ACSC’s transfer of the Preferred Shares to Shareholder, and in accordance with the terms or the Five Year Agreement between Shareholder and ACSC, and the related Stock Ownership Policy of ACSC, to guaranty the contractual performance and payment obligations of Shareholder under its Five Year Agreement with ACSC. Effective as of the transfer of Preferred Shares to Shareholder, Guarantor hereby agrees as follows: