EX-99.9 UNCONDITIONAL REIMBURSEMENT AND INDEMNIFICATION AGREEMENTUnconditional Reimbursement and Indemnification Agreement • May 16th, 2002 • Joshua Tree Construction Inc • Services-management services • New Jersey
To induce FRANKEL to continue his guaranty (the "HUBCO Agreement") of certain debt of AHDC to Hudson United Bank for a limited period of time pursuant to the terms of the Stock Purchase Agreement (as hereinafter defined), Obligor hereby absolutely, irrevocably and unconditionally guarantees to FRANKEL and his successors, assigns and affiliates the timely payment and performance of all liabilities and obligations of AHDC to Hudson United Bank, and Obligor hereby agrees to indemnify and hold FRANKEL harmless from and against any and all liability under the HUBCO Agreement, and agrees that in the event, for any reason, FRANKEL is required to make any payments to Hudson United Bank under the HUBCO Agreement, Obligor shall immediately reimburse FRANKEL for such payments, together with any and all costs and expenses incurred in connection with such payments (collectively, the "Guaranteed Obligations"). This Unconditional Reimbursement and Indemnification Agreement (the "Agreement") is being
