Guarantee of Payment Sample Contracts

Guarantee of Payment

Guarantee of Payment • October 9th, 2018 • DPW Holdings, Inc. • Electronic components, nec

• Contract Type
  Guarantee of Payment
• Filed
  October 9th, 2018
• Company
  DPW Holdings, Inc.
• Industry
  Electronic components, nec

This Guarantee of Payment (this “Guarantee”) is entered into this 5th day of October, 2018 by DIGITAL POWER LENDING, LLC, a California limited liability company (“DPL”) in recognition and furtherance of its duties solely with respect to Section 3.01(a) of that certain Management Agreement (the “Management Agreement”) as of October 4, 2018, entered into by and between DPL, I.AM INC., a Nevada limited liability company (“I.AM”), and 876CO, LLC a California limited liability company (“876CO”). Hereinafter, DPL, I.AM, and 876CO may be referred to individually as the “Party”, or collectively as the “Parties.”