0001445866-20-000216 Sample Contracts

GUARANTY
Guaranty • March 18th, 2020 • Summer Energy Holdings Inc • Electric services • New York

THIS GUARANTY (the “Guaranty”) is made effective as of March 12, 2020, by SUMMER ENERGY HOLDINGS, INC., a Nevada corporation (the “Guarantor”), for the benefit of DIGITAL LENDING SERVICES US CORP., a Delaware corporation (“Lender”), with reference to the following facts. Capitalized but otherwise undefined terms used in this Guaranty have the meanings ascribed to such terms in that certain Loan Agreement, dated of even date herewith by and among Borrower, Guarantor, and Lender (“Loan Agreement”).

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LOAN AGREEMENT
Loan Agreement • March 18th, 2020 • Summer Energy Holdings Inc • Electric services • New York

THIS LOAN AGREEMENT (“Agreement”) is made as of the 12th day of March, 2020 by and among SUMMER ENERGY, LLC, a Texas limited liability company (“Borrower”), SUMMER ENERGY HOLDINGS, INC., a Nevada Corporation (“Guarantor”), and DIGITAL LENDING SERVICES US CORP., a Delaware corporation (“Lender”).

SECURITY AGREEMENT
Security Agreement • March 18th, 2020 • Summer Energy Holdings Inc • Electric services • New York

THIS SECURITY AGREEMENT (the “Security Agreement”) is executed as of March 12, 2020, by SUMMER ENERGY, LLC, a Texas limited liability company, whose address is 5487 San Felipe Street, #3700, Houston, Texas 77057 (hereinafter called “Borrower”) to and in favor of DIGITAL LENDING SERVICES US CORP., a Delaware corporation, whose address is 885 3rd Avenue, Suite 2610, New York, New York 10022 (hereinafter called “Lender”). All capitalized but otherwise undefined terms used in this Security Agreement shall have the meanings ascribed to such terms in that certain Loan Agreement of even date herewith by and between Borrower and Lender (the “Loan Agreement”).

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