BETWEENCredit Agreement • September 9th, 2005 • Metretek Technologies Inc • Services-business services, nec • Colorado
EXHIBIT 10.3 FIRST NATIONAL BANK OF COLORADO COMMERCIAL GUARANTYCommercial Guaranty • September 9th, 2005 • Metretek Technologies Inc • Services-business services, nec • Colorado
BORROWER: SOUTHERN FLOW COMPANIES, INC. LENDER: FIRST NATIONAL BANK OF COLORADO POWERSECURE, INC. MAIN OFFICE 132 DEMANDE BOULEVARD 3033 IRIS AVENUE LAFAYETTE, LA 70503 BOULDER, CO 80301-9032 GUARANTOR: METRETEK TECHNOLOGIES, INC. 303 EAST 17TH AVENUE, SUITE 660 DENVER, CO 80203 ================================================================================ AMOUNT OF GUARANTY. The amount of this Guaranty is Unlimited. CONTINUING UNLIMITED GUARANTY. For the good and valuable consideration, METRETEK TECHNOLOGIES, INC. ("Guarantor") absolutely and unconditionally guarantees and promises to pay to First National Bank of Colorado ("Lender") or its order, in legal tender of the United States of America, the indebtedness (as that term is defined below) of SOUTHERN FLOW COMPANIES, INC.; and POWERSECURE, INC. ("Borrower"), or either or any of them, to Lender on the terms and conditions set forth in this Guaranty. Under this Guaranty, the liability of Guarantor is unlimited and the obligations
RECITALSSecurity Agreement • September 9th, 2005 • Metretek Technologies Inc • Services-business services, nec • Colorado
