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Personal Guarantee of Payment (LLCs & corporations must complete) FOR AND IN CONSIDERATION OF D.C.P. & E., INC. EXTENDING CREDIT to the named Buyer for materials or services sold to Buyer by DCP & E, Inc., the undersigned does hereby personally guarantee, unconditionally, (1) the prompt payment of any charges now or hereafter owed to DCP & E, Inc. by Buyer, whether said charges are or will be due under open account, contract or other arrangements between Buyer and DCP & E, Inc.; and (2) all costs of collection and reasonable attorney's fees. This guarantee is an absolute, complete, and continuing guarantee relating to said extension of credit, and no extension, forbearance, release, adjustment or modification of said extension of credit shall affect the undersigned's obligations hereunder. The undersigned understands and agrees that credit is to be extended to Buyer on a continuing basis subject to cancellation by DCP & E, Inc. with or without cause. The undersigned waives bringing of suit, diligence, indulgences, notice of acceptance hereof, and notice of non-performance by Buyer. This guarantee remains in effect until written notice of termination is received by DCP & E, Inc., effective only as to goods sold or services provided after such notice. This is a guarantee of payment, and DCP & E, Inc. may pursue the undersigned directly without first pursuing its claim against Buyer, including in the event of Buyer's bankruptcy. If placed in the hands of an attorney for enforcement, the undersigned shall reimburse DCP & E, Inc. for all reasonable legal expenses, including attorney's fees and court costs.
I have read and agree to the Personal Guarantee of Payment above.
