VPP Subsidiary Guarantee Sample Contracts

VPP SUBSIDIARY GUARANTEE
VPP Subsidiary Guarantee • August 4th, 2009 • Capital Growth Systems Inc /Fl/ • Services-business services, nec • New York

VPP SUBSIDIARY GUARANTEE, dated as of July 31, 2009 (this “Guarantee”), made by each of the signatories hereto (together with any other entity that may become a party hereto as provided herein, the “Guarantors”), in favor of the purchasers signatory (together with their permitted assigns, the “Purchasers”) to that certain VPP Debenture Securities Purchase Agreement, dated as of the date hereof, between Capital Growth Systems, Inc., a Florida corporation (the “Company”) and the Purchasers.

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