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Personal Guarantee To Don Mann Excavating Ltd.
IN CONSIDERATION of Don Mann Excavating Ltd. (herein called the "Company") agreeing to provide or to continue to provide materials to, and employ excavating and related services for (herein call the "Customer"), the undersigned, and each of them if more than one, hereby jointly and severally guarantees payment to the Company of all debts and liabilities, present or future, at any time owing by the Customer to the Company or remaining unpaid by the Customer to the Company, including all interest, legal and other costs, charges and expenses.
The undersigned agrees that the Company may accept or hold a Promissory Note, collateral or other security of the Customer for the debts and liabilities incurred or any part thereof, to compromise the Customer's liability to the Company and to grant the Company time, without lessening or affecting the rights of the Company against the undersigned.
The Company need not give the undersigned notice of the default of the Customer, nor shall the Company be bound to exhaust its recourse against the Customer before requiring payment from the undersigned.
The undersigned agrees that this Guarantee is irrevocable and shall enure to the benefit of and be binding upon the Company, its successors and assigns, and the undersigned, his/their heirs, executors, administrators, successors and assigns.
DATED at , in the Province of British Columbia, this day of, 20
SIGNED, SEALED AND DELIVERED
In the presence of:
Witness:
Address:
Signature of guarantor
Signature of guarantor
Occupation as to both signatures
I have read the Terms and Conditions and agree to them