Indemnification and Guaranty Agreement Sample Contracts

INDEMNIFICATION AND GUARANTY AGREEMENT
Indemnification and Guaranty Agreement • June 30th, 2003 • Horizon Group Properties Inc • Real estate investment trusts • Illinois

This Indemnification and Guaranty Agreement (this “Agreement”) is entered into as of the 13th day of June, 2003, by Horizon Huntley Finance LLC, a Delaware limited liability company (“HHFL”), Horizon Huntley LLC, a Delaware limited liability company (“HHL”; HHFL and HHL are each individually referred to herein as an “Indemnifying Party” and collectively referred to herein as the “Indemnifying Parties”), and Horizon Group Properties, Inc., a Maryland corporation (the “HGPI”), in favor of The Prime Group, Inc., an Illinois corporation (“PGI”), Prime Group Limited Partnership, an Illinois limited partnership (“PGLP”), Prime Group II, L.P., an Illinois limited partnership (“PGII”), Prime Group III, L.P., an Illinois limited partnership (“PGIII”), and Michael W. Reschke (PGI, PGLP, PGII, PGIII and Michael W. Reschke are each individually referred to herein as a “Prime Party” and collectively referred to herein as the “Prime Parties”).

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