GUARANTEE FEE, INDEMNIFICATION, AND SECURITY AGREEMENTGuarantee Fee and Indemnification Agreement • August 12th, 2008 • Global Diversified Industries Inc • General bldg contractors - residential bldgs • California
Contract Type FiledAugust 12th, 2008 Company Industry JurisdictionThis GUARANTEE FEE AND INDEMNIFICATION AGREEMENT (as amended from time to time, this "Agreement"), dated as of July __, 2008, is made and entered into by and between GLOBAL DIVERSIFIED INDUSTRIES, INC., a corporation organized and existing under the laws of the State of Nevada (the "GDIV"), GLOBAL MODULAR, INC., a corporation organized and existing under the laws of the State of Nevada (“GMI”), LUTREX ENTERPRISES, INC., a corporation organized and existing under the laws of the State of California (individually, “LUTREX”, and collectively with GDIV and GMI, the “Companies”), and REBECCA MANANDIC, an individual, and JOSEPH SALMERI, an individual (individually, a “Guarantor” and collectively, the “Guarantors”).