PERSONAL GUARANTY AGREEMENTPersonal Guaranty Agreement • October 26th, 2007 • Charles & Colvard LTD • Jewelry, silverware & plated ware • Minnesota
THIS PERSONAL GUARANTY AGREEMENT (the "Guaranty") is given by the undersigned ("Guarantor", "I", "me", or "my") to Charles & Covard, Ltd., (the "Company"), and its successors and assigns. From time to time Reeves Park, Inc. ("Reeves Park") purchases Charles & Covard created Moissanite from the Company. As used herein, the term "Product" only includes Charles & Covard created Moissanite purchased by Reeves Park from and after September 25, 2007 and through and including December 31, 2007. To induce the Company to sell the Product to Reeves Park, I agree to enter into this Guaranty. Accordingly, the Guarantor agrees as follows:
