0001521536-11-000464 Sample Contracts

GUARANTY AGREEMENT
Guaranty Agreement • November 21st, 2011 • Pioneer Power Solutions, Inc. • Power, distribution & specialty transformers • Wisconsin

THIS GUARANTY AGREEMENT dated as of October 31, 2011, is made by PIONEER POWER SOLUTIONS, INC., a Delaware corporation (the "Guarantor"), to and for the benefit of JOHNSON BANK (the "Bank").

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SEVENTH AMENDMENT TO LOAN AND SECURITY AGREEMENT
Loan and Security Agreement • November 21st, 2011 • Pioneer Power Solutions, Inc. • Power, distribution & specialty transformers

THIS SEVENTH AMENDMENT TO LOAN AND SECURITY AGREEMENT ("Amendment"), dated as of October 31, 2011, amends and supplements that certain Loan and Security Agreement dated as of January 2, 2008, as amended to date (as so amended, the "Loan Agreement"), between JEFFERSON ELECTRIC, INC., a Delaware corporation ("Borrower"), and JOHNSON BANK ("Bank").

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