GUARANTEE FEE, INDEMNIFICATION, AND SECURITY AGREEMENTIndemnification, and Security Agreement • August 12th, 2008 • Global Diversified Industries Inc • General bldg contractors - residential bldgs • California
This 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”).
BACKGROUNDIndemnification and Security Agreement • May 14th, 1998 • Newtech Corp • Florida
