HomeMy WebLinkAbout0747 ,i . ~ • . . • . . ' ~
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li ' u no en e!r int th i s A reeroant or an i
~ R~ ~ro 1 d t t o g y
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of ti~e subsidiarp ~~rrc,aont~ Kithout the personal
- g~urantee of 1?avid Putna~.'• '
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' (f) .''1 S. In ordcr to induce dRS to entoi irito tt~~s ~
A~ree~e~t auct to extan~ the cr~dits-contained
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i~ 3setein, SPC ~ovenaat.s, 1dATTA1tLS and Yoprosents
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:i to ~it~S Lha~ GhBZles ~tcun is Prtaidsnt and
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I~ Uiitctor of SPCs that Char~es Broun is
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:t ~arried Lo ~in~fred $roun, anc~ theY resi3a
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~i togeLher at 20 Connecticut Road, Lehigh llcres,
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Flosida; thet Charies a. 9rot~n and ~iniftcd ~
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. Bronn hes a net ~ortif of $149,d95.~f0 as of
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JalY 1967; that Chat2es a. Aroun and f
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i~ ~tinifred Hrowt, hfs xife. Hill executc
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sinultaneou~iy with thQ execution of~t!~is
Agrecvaeat, a ouarnatae o£ ail obli~ations of ~
SPC hereundor; that ~PqS would not enter into
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• t?iis Agne~ei~t or ~'ny of the aubsidiary
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~i - ~ ~ . • - - agse~ments rithout the personai ~uarant~oe o f , .
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~ f= r• •~harl.~a 1~. f~roun- and Nini~frod Broun~ hi~ ~rife."
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f y{ !aj ~=*16. AnY default in the Ferforr,~snce of ~PC 'of
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i~ - aAy.o~ its obli~atians Iiereunder, or 3n any
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= : ~ = . ~ ' other sgreeraaA! which is a ~art 'of f his trans -
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~ . . ~~tfor,; or in the event that any of Lhe covo-
il - _ . ~ . ~ ` ~nants or ~wariants :~ade by SFC ~ to ~R~ sl:ail
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Ii - -~psore to bo falae 4nd unttue ~~r ~in `thc event
,i that SPC vialatas anY of the coYenaats oT ~ro-
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aises eant~ined ~a sucb s~rae~cnts, or 'in the
. ~ : - event of bankruptcy, ~ ~rscaiversbi{?, or inso2vency, ~
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jj . • ot Qitbet SPC,~ Chsrles 1~.' Sroun or .N13aifred »
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4~ Broun, SPC does herebr ec~poxer any attotaey of '
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••anT coart of rocOrd Mithin tho Comr~onweaith of
, ~ ~ - ~ ~'tnasrtr~nia or any otber state or t~rritory ~ ~ ,
~I . . . . , . , ~
i _ ' of ti~~ IInited Ststes 'to appesr fos it or ~t~~fnst
-4- M~GE
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