VALIDITY AND PERFORMANCE GUARANTYValidity and Performance Guaranty • November 22nd, 2016 • Nac Global Technologies, Inc. • General industrial machinery & equipment
This VALIDITY AND PERFORMANCE GUARANTY (this “Agreement”) is made as of the 16th day of November, 2016, by and among (the “Investor”), NAC Global Technologies, Inc., a Nevada corporation (the “Issuer”), and __________, an individual (the “Principal”). Capitalized terms used and not otherwise defined herein that are defined in that certain Securities Purchase Agreement (the “Purchase Agreement”), dated November 4, 2016, between the Company, NAC Drive Systems, Inc. and the Investor, shall have the meanings given to such terms in the Purchase Agreement.
