EMPLOYMENT AGREEMENT THIS EMPLOYMENT AGREEMENT (the "Agreement") is made as of May 16, 2002 by and between American Inflatables, Inc., a Delaware corporation (the "Company"), and Jeffrey Jacobson ("Employee"): W I T N E S S E T H: WHEREAS, Employee is...Employment Agreement • April 15th, 2003 • American Sports Development Group Inc • Wholesale-miscellaneous nondurable goods
BUSINESS CONSULTING AGREEMENT AGREEMENT made and entered into as of this 24th day of December 2002, (the "Agreement") by and between American Sports Development Group, Inc, a Delaware corporation (the "Company") with principle offices at 155 Verdin...Business Consulting Agreement • April 15th, 2003 • American Sports Development Group Inc • Wholesale-miscellaneous nondurable goods • New York
COMMERCIAL GUARANTYCommercial Guaranty • April 15th, 2003 • American Sports Development Group Inc • Wholesale-miscellaneous nondurable goods • South Carolina
CONTINUING UNLIMITED GUARANTY. FOR GOOD AND VALUABLE CONSIDERATION, DOUGLAS L. BROWN ("GUARANTOR") ABSOLUTELY AND UNCONDITIONALLY GUARANTEES AND PROMISES TO PAY TO SOUTHTRUST BANK ("LENDER") OR ITS ORDER, IN LEGAL TENDER OF THE UNITED STATES OF AMERICA, THE INDEBTEDNESS (AS THAT TERM IS DEFINED BELOW) OF PAINTBALL INCORPORATED ("BORROWER") TO LENDER ON THE TERMS AND CONDITIONS SET FORTH IN THIS GUARANTY. UNDER THIS GUARANTY, THE LIABILITY OF GUARANTOR IS UNLIMITED AND THE OBLIGATIONS OF GUARANTOR ARE CONTINUING.
