Common Contracts

2 similar Guaranty contracts by Emrise CORP

GUARANTY
Guaranty • December 6th, 2007 • Emrise CORP • Instruments for meas & testing of electricity & elec signals • California

THIS GUARANTY (this “Guaranty”) is executed as of November 30, 2007, by XCEL Japan Ltd. (the “Guarantor”), for the benefit of GVEC Resource IV Inc., as Arranger and Agent (the “Agent”) and the Lenders (as defined below). All capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the Credit Agreement (as herein defined).

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GUARANTY
Guaranty • December 6th, 2007 • Emrise CORP • Instruments for meas & testing of electricity & elec signals • California

THIS GUARANTY (this “Guaranty”) is executed as of November 30, 2007, by CXR Anderson Jacobson SAS (the “Guarantor”), for the benefit of GVEC Resource IV Inc., as Arranger and Agent (the “Agent”) and the Lenders (as defined below). All capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the Credit Agreement (as herein defined).

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