0000863110-18-000021 Sample Contracts

GUARANTEE OF PAYMENT
Guarantee of Payment • August 9th, 2018 • Artesian Resources Corp • Water supply • Delaware

THIS GUARANTEE OF PAYMENT (“Guaranty”) is executed as of the 8th day of August, 2018, by ARTESIAN RESOURCES CORPORATION, a Delaware corporation (the “Guarantor”) to COBANK, ACB, a federally chartered instrumentality of the United States (“Lender”).

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MASTER LOAN AGREEMENT
Master Loan Agreement • August 9th, 2018 • Artesian Resources Corp • Water supply • Delaware

THIS MASTER LOAN AGREEMENT (this “Agreement”) is entered into as of August 8, 2018, between ARTESIAN WASTEWATER MANAGEMENT, INC., a corporation organized and existing under the laws of the State of Delaware (the “Company”), and CoBANK, ACB, a federally chartered instrumentality of the United States (“CoBank”).

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