GUARANTY AND PLEDGE AGREEMENTGuaranty and Pledge Agreement • August 21st, 2007 • Theater Xtreme Entertainment Group, Inc • Retail-radio, tv & consumer electronics stores • Delaware
THIS GUARANTY AND PLEDGE AGREEMENT, dated this August 15, 2007, by and between SCOTT OGLUM, an individual residing at 115 Christina Landing, Wilmington, Delaware 19801 (“Guarantor”), and in favor of Stacy Lyn Giunta, (“Lender”).
WARRANT TO PURCHASE COMMON STOCK OF THEATER XTREME ENTERTAINMENT GROUP, INC.Warrant Agreement • August 21st, 2007 • Theater Xtreme Entertainment Group, Inc • Retail-radio, tv & consumer electronics stores
This is to certify that, for value received, Stacy Lyn Giunta, or her assignees (the “Holder”) is entitled to purchase, subject to the provisions of this Warrant and that certain Promissory Note (the “Note”) dated the date hereof, in the principal amount of $25,000 by and between, inter alia, the Holder and Theater Xtreme Entertainment Group, Inc., a Delaware corporation (the “Company”), from the Company that number of shares of Common Stock of the Company determined in accordance with Section (a). Capitalized terms used and not defined herein shall have the meanings ascribed to them in the Note.
