Collateralized Guaranty Sample Contracts

COLLATERALIZED GUARANTY

Collateralized Guaranty • August 13th, 2001 • Syscomm International Corp • Services-computer integrated systems design • New York

• Contract Type
  Collateralized Guaranty
• Filed
  August 13th, 2001
• Company
  Syscomm International Corp
• Industry
  Services-computer integrated systems design
• Jurisdiction
  New York

This Collateralized Guaranty (as amended, supplemented or otherwise modified from time to time, this “Collateralized Guaranty”) which supercedes and replaces any previous guaranty by and between the parties is hereby executed as of the 23rd day of May, 2001 by each of the parties listed on the signature pages hereof (individually a “Guarantor” and jointly the “Guarantors”), on behalf of APPLIED DIGITAL SOLUTIONS, INC. (“Borrower”), in favor of IBM Credit Corporation (“IBM Credit”) with an office located at North Castle Drive, Armonk, NY 10504.