SUBSIDIARY GUARANTYSubsidiary Guaranty • November 8th, 2010 • Commercetel Corp • Metal mining • California
THIS SUBSIDIARY GUARANTY (this “Subsidiary Guaranty”), dated as of October ___, 2010, among CommerceTel Corporation, a Nevada corporation (the “Company”), CommerceTel, Inc., a Nevada corporation (the “Subsidiary Guarantor”), for the benefit of the secured parties signatory hereto and their respective endorsees, transferees and assigns (individually a “Secured Party” and collectively, the “Secured Parties”).
SECURITY AGREEMENTSecurity Agreement • November 8th, 2010 • Commercetel Corp • Metal mining • California
This SECURITY AGREEMENT, dated as of ___________, 2010 (this “Agreement”), is among Pubco, a Nevada corporation (“Pubco”), its wholly owned subsidiary, CommerceTel Corporation, a Nevada corporation (together with Pubco referred to herein as the “Company”), and the holders of the Company’s 10% Senior Secured Convertible Bridge Notes due __________, 2011 and issued on __________, 2010 in the original aggregate principal amount of $_________ (collectively, the “Notes”) signatory hereto, their endorsees, transferees and assigns (collectively, the “Secured Parties”).
