0000950152-03-007422 Sample Contracts

GUARANTEE
Guarantee • August 8th, 2003 • National Processing Inc • Services-business services, nec

In consideration of, and as an inducement for, MasterCard International Incorporated, a Delaware membership corporation (hereinafter called "MasterCard"), having its principal place of business at 2000 Purchase Street, Purchase, N.Y. 10577-2509, accepting National City Bank of Kentucky, (hereinafter called "Member") having its principal place of business at 101 South Fifth Street, Louisville, KY 40232 as a card member and licensee of MasterCard, the undersigned National Processing, Inc. (hereinafter called the "Guarantor") having its principal place of business at 1231 Durrett Lane, Louisville, Kentucky 40213 does hereby unconditionally and irrevocably guarantee to MasterCard, without offset or deduction, the prompt payment of all amounts hereinafter at any time due MasterCard from Member pursuant to its license agreement with MasterCard, the Bylaws and Rules of MasterCard, and all rules, regulations and policies of MasterCard now and hereinafter at any time in effect, including, witho

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