Common Contracts

2 similar Guarantee Agreement contracts by Abercrombie & Fitch Co /De/, Gbi Capital Management Corp

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GBI CAPITAL MANAGEMENT CORP. 1055 Stewart Avenue Bethpage, New York 11714
Guarantee Agreement • February 21st, 2001 • Gbi Capital Management Corp • Security & commodity brokers, dealers, exchanges & services

The purpose of this letter is to assure you that GBI Capital Management Corp. ("GBI") hereby irrevocably guarantees all of the payments to be made by GBI Capital Partners Inc. (formerly known as Garnes Berland Inc.) (the "Company") and all of the benefits to be provided by the Company under the Employment Agreement dated as of August 24, 1999 between you and the Company, as the same may be amended from time to time. Subject to the terms of this letter, you may demand performance by GBI under this letter upon the failure by the Company, within a reasonable time after a formal written request by you, to make such payments or to provide such benefits under the Employment Agreement.

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