0000950123-05-015307 Sample Contracts

GUARANTEE
Guarantee • December 28th, 2005 • Ipayment Inc • Services-business services, nec • New York

Guarantee, dated as of December 27, 2005 (this “Guarantee”), by Carl A. Grimstad (the “Guarantor”) in favor of iPayment, Inc. (the “Guaranteed Party”).

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