0000950144-03-004859 Sample Contracts

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GUARANTEE
Guarantee • April 11th, 2003 • Numerex Corp /Pa/ • Communications equipment, nec

In consideration of, and in order to induce Alethea Limited Partnership, a Delaware limited partnership (the "Lender") to enter into the Line of Credit Agreement dated as of the date hereof (the "Line of Credit Agreement") with Digilog, Inc. ("Digilog") and Numerex Corp. ("Guarantor"), and to advance monies to Digilog in accordance with the terms thereof, the Guarantor, being the parent of Digilog, guarantees the full and prompt payment and performance of all of the obligations of Digilog to the Lender, whether direct or indirect, absolute or contingent, due or to become due, now existing or hereafter arising (the "Obligations"), which are incurred by Digilog pursuant to (a) the Line of Credit Agreement, (b) the Term Promissory Note dated as of the date hereof and issued by Digilog to the Lender pursuant to the Line of Credit Agreement (the "Note"), and (c) the Security and Pledge Agreement dated of the date hereof, among Digilog, the Guarantor and the Lender (the "Security and Pledge

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