0001019687-14-004112 Sample Contracts

CREDIT AGREEMENT
Credit Agreement • November 7th, 2014 • Twin Cities Power Holdings, LLC • Commodity contracts brokers & dealers • New York

This CREDIT AGREEMENT (“Agreement”) is entered into as of October 14, 2014, among RETAIL ENERGY HOLDINGS L.L.C., a Minnesota limited liability company (“REH”), TOWN SQUARE ENERGY, LLC, a Delaware limited liability company (“TSE”), DISCOUNT ENERGY GROUP, LLC, a Delaware limited liability company (“DEG”; and together with REH and TSE, each a “Borrower” and collectively, the “Borrowers”), jointly and severally, and certain Affiliates from time to time party hereto, and MAPLE BANK GMBH, acting through its Maple Bank Toronto Branch (together with its successors and assigns, the “Lender”).

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GUARANTY
Guaranty • November 7th, 2014 • Twin Cities Power Holdings, LLC • Commodity contracts brokers & dealers

THIS GUARANTY (“Guaranty”) dated as of October 14, 2014, is made by TWIN CITIES POWER HOLDINGS, LLC, a Minnesota limited liability company, whose principal place of business is at 16233 Kenyon Avenue, Suite 210, Lakeville, Minnesota 55044 (“Guarantor”), to MAPLE BANK GMBH, acting through its Maple Bank Toronto branch (together with its successors and assigns, the “Lender”).

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