Validity Guaranty Sample Contracts

VALIDITY GUARANTY
Validity Guaranty • July 7th, 2008 • Clearpoint Business Resources, Inc • Blank checks

VALIDITY GUARANTY (this “Agreement”) is made as of the 20th day of June, 2008, by and among COMVEST CAPITAL, LLC, a Delaware limited liability company having offices at One North Clematis, Suite 300, West Palm Beach, Florida 33401 (the “Lender”), CLEARPOINT BUSINESS RESOURCES, INC., a Delaware corporation having offices at 1600 Manor Drive, Suite 110, Chalfont, Pennsylvania 18914 (the “Borrower”), and JOHN PHILLIPS, an individual residing at (the “Principal”);

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VALIDITY GUARANTY
Validity Guaranty • November 15th, 2018 • Cuentas Inc. • Wholesale-groceries & related products • New York

This GUARANTY (this “Guaranty”) is made on October 24, 2018 by each of the undersigned (each, a “Guarantor”) in favor of AEC YIELD CAPITAL, LLC, a limited liability company organized under the laws of New York (the “Purchaser”), and Purchaser’s successors and assigns, in connection with that certain Purchase and Sale Agreement, dated as of even date herewith, between Limecom, Inc., a Florida corporation (the “Seller”) and Purchaser (together with all schedules and amendments thereto, the “Agreement”). Capitalized terms used but not defined herein have the meaning given to such terms in the Agreement. In this Guaranty, the words, “I”, “me” and “my” mean the Guarantor (or, if there is more than one signatory to this Guaranty as Guarantor, each such Guarantor, jointly and severally). The words “you” and “your” mean Purchaser.

VALIDITY GUARANTY
Validity Guaranty • April 5th, 2012 • Divine Skin Inc. • Perfumes, cosmetics & other toilet preparations • Connecticut

This VALIDITY GUARANTY (the "Guaranty") is made as of March 29, 2012, by Daniel Khesin, an individual whose address is 520 West Avenue, #2102, Miami Beach, Florida 33139 (the "Guarantor") in favor of Midcap Business Credit LLC, having an office at 433 South Main Street, West Hartford, Connecticut (the "Lender").

VALIDITY GUARANTY
Validity Guaranty • December 6th, 2013 • Millennium Healthcare Inc. • Wholesale-medical, dental & hospital equipment & supplies • Nevada

This Validity Guaranty, dated effective as of September 20th, 2012 (the "Validity Guaranty"), is made by Dominick Sartorio, an individual (the "Undersigned "), for the benefit of TCA Global Credit Master Fund, LP (the "Lender").

VALIDITY GUARANTY
Validity Guaranty • April 12th, 2013 • Pharmagen, Inc. • Metal mining

This Validity Guaranty, dated as February 28, 2013 (as amended, restated or modified from time to time, the “Validity Guaranty”), is made by MACKIE BARCH (the “Guarantor”), for the benefit of TCA GLOBAL CREDIT MASTER FUND, LP, a limited partnership organized and existing under the laws of the Cayman Islands (the “Lender”).

REAFFIRMATION OF VALIDITY GUARANTIES
Validity Guaranty • August 20th, 2009 • Clearpoint Business Resources, Inc • Services-help supply services

Reference is made to (a) the Revolving Credit and Term Loan Agreement dated as of June 20, 2008 (the “Original Agreement”) by and between ComVest Capital, LLC (the “Lender”) and ClearPoint Business Resources, Inc. (the “Borrower”), (b) the Validity Guaranty dated as of June 20, 2008 (the “Traina Agreement”) by and among the Lender, the Borrower and Michael D. Traina, (c) the Validity Guaranty dated as of June 20, 2008 (the “Phillips Agreement”; the Traina Agreement and the Phillips Agreement being referred to herein each as a “Validity Guaranty” and collectively as the “Validity Guaranties”) by and among the Lender, the Borrower and John Phillips, and (d) the Amended and Restated Revolving Credit Agreement of even date herewith (the “Amended Agreement”) by and between the Lender and the Borrower, pursuant to which, among other things, the Lender and the Borrower are restructuring and modifying the terms of the credit facilities under the Original Agreement and the Borrower is granting

VALIDITY GUARANTY
Validity Guaranty • December 9th, 2004 • Diversified Corporate Resources Inc • Services-employment agencies • Colorado

This Guaranty, dated as of December 1st, 2003, is made by J. Michael Moore (the “Guarantor”), for the benefit of Wells Fargo Business Credit, Inc., a Minnesota corporation (with its successors and assigns, the “WFBCI”).

FORM OF VALIDITY GUARANTY
Validity Guaranty • December 31st, 2007 • Aftersoft Group • Blank checks

VALIDITY GUARANTY (this “Agreement”) is made as of the 21st day of December, 2007, by and among COMVEST CAPITAL, LLC, a Delaware limited liability company having offices at One North Clematis, Suite 300, West Palm Beach, Florida 33401 (the “Lender”), AFTERSOFT GROUP, INC., a Delaware corporation having offices at Regus House, Heronsway Chester Business Park, Chester, CH4 9QR United Kingdom (the “Borrower”), and _____________, an individual residing at _____________________________ (the “Principal”);

VALIDITY GUARANTY
Validity Guaranty • March 28th, 2018 • Capstone Companies, Inc. • Electric lighting & wiring equipment

In order to induce Sterling National Bank ("Bank ") to make loans, advances or other extensions of credit (the "Financing Agreements") Capstone Industries, Inc. ("Client"), upon the collateral security of the accounts receivable ("Accounts") of Client, and in consideration of Bank's so doing, the undersigned hereby guaranty and warrant to Bank that each and every Account assigned, pledged, transferred or sold to Bank by Client will represent goods and services delivered and is a valid obligation of a customer of Client; that all remittances received by Client on Accounts will be held by Client in accordance with the provisions of the Financing Agreement between Bank and Client and that Client will immediately deliver to Bank the checks, wires or other forms of payment received when and as required by the Financing Agreement.

VALIDITY GUARANTY
Validity Guaranty • December 18th, 2015 • Wave Systems Corp • Computer peripheral equipment, nec

The undersigned officers and/or directors and/or shareholders in their respective capacities as Chief Executive Officer (“CEO”) and Chief Financial Officer (“CFO”) of Wave Systems Corp. located at 480 Pleasant Street, Lee, MA 01238 (“Seller”), in order to induce Marble Bridge Funding Group, Inc. (“Purchaser”) to enter into a Receivables Purchase Agreement (“Agreement”) with Seller and to from time to time make advances thereunder, hereby warrants, covenants and guaranties to Purchaser that:

REAFFIRMATION OF VALIDITY GUARANTY
Validity Guaranty • June 30th, 2011 • Zoo Entertainment, Inc • Services-prepackaged software

REAFFIRMATION OF VALIDITY GUARANTY, dated as of June 24, 2011, made by David J. Fremed (the “Guarantor”) in favor of Panta Distribution, LLC (“Panta”), in respect of the Validity Guaranty, as defined below.

VALIDITY GUARANTY
Validity Guaranty • April 16th, 2013 • POSITIVEID Corp • Communications equipment, nec • Nevada

This Validity Guaranty, dated December 31, 2012, but made effective as of January 16, 2013 (the “Validity Guaranty”), is made by William J. Caragol, Jr., an individual (the “Undersigned”), for the benefit of TCA Global Credit Master Fund, LP, a Cayman Islands limited partnership (the “Lender”).

VALIDITY GUARANTY
Validity Guaranty • August 23rd, 2017 • BTHC X Inc • Blank checks • New York

This Validity Guaranty, dated as of August 17, 2017 (“Guaranty”), is by Mark Thompson, an individual (“Guarantor”), in favor of Moriah Software Management L.P. (“Lender”).

SECOND REAFFIRMATION OF VALIDITY GUARANTY
Validity Guaranty • November 3rd, 2011 • Zoo Entertainment, Inc • Services-prepackaged software

SECOND REAFFIRMATION OF VALIDITY GUARANTY, dated as of October 28, 2011, made by David J. Fremed (the “Guarantor”) of MMB Holdings LLC, a Delaware limited liability company (“Agent”) and the Holders (as defined below), in respect of the Guaranty (as defined below).

VALIDITY GUARANTY
Validity Guaranty • September 24th, 2008 • Zynex Inc • Electromedical & electrotherapeutic apparatus • Oregon

This Validity Guaranty made this 22nd day of September, 2008, by Thomas Sandgaard (“Validity Guarantor”), whose address is 8022 Southpark Circle, Suite 100, Littleton, Colorado 80120, to and for the benefit of Marquette Business Credit, Inc., d/b/a Marquette Healthcare Finance (“Lender”), whose address is Standard Insurance Center, 900 SW Fifth Ave., Portland, Oregon 97204.

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