Common use of Right of Revocation Clause in Contracts

Right of Revocation. Guarantor understands and agrees that Guarantor may revoke its future obligations under this Guaranty at any time by giving Bank written notice that Guarantor will not be liable hereunder for any indebtedness or obligations of Borrower incurred on or after the effective date of such revocation. Such revocation shall be deemed to be effective on the day following the day Bank receives such notice delivered either by: (a) personal delivery to the address and designated department of Bank identified in subparagraph 1(a) above, or (b) United States mail, registered or certified, return receipt requested, postage prepaid, addressed to Bank at the address shown in subparagraph 1(a) above. Notwithstanding such revocation, Guarantor shall remain liable on its obligations hereunder until payment in full to Bank of (x) all of the Guaranteed Indebtedness that is outstanding on the effective date of such revocation, and any renewals and extensions thereof, and (y) all loans, advances and other extensions of credit made to or for the account of Borrower on or after the effective date of such revocation pursuant to the obligation of Bank under a commitment or agreement made to or with Borrower prior to the effective date of such revocation. The terms and conditions of this Guaranty, including without limitation the consents and waivers set forth in paragraph 7 hereof, shall remain in effect with respect to the Guaranteed Indebtedness described in the preceding sentence in the same manner as if such revocation had not been made by Guarantor.

Right of Revocation. Guarantor understands and agrees that Guarantor may revoke its future obligations under this Guaranty at any time by giving Bank written notice that Guarantor will not be liable hereunder for any indebtedness or obligations of Borrower incurred on or after the effective date of such revocation. Such revocation shall be deemed to be effective on the day following the day Bank receives such notice delivered either by: (a) personal delivery to the address and designated department of Bank identified in subparagraph 1(a) above, or (b) United States mail, registered or certified, return receipt requested, postage prepaid, addressed to Bank at the address shown in subparagraph 1(a) above. Notwithstanding such revocation, Guarantor shall remain liable on its obligations hereunder until payment in full to Bank of (xof(x) all of the Guaranteed Indebtedness that is outstanding on the effective date of such revocation, and any renewals and extensions thereof, and (y) all loans, advances and other extensions of credit made to or for the account of Borrower on or after the effective date of such revocation pursuant to the obligation of Bank under a commitment or agreement made to or with Borrower prior to the effective date of such revocation. The terms and conditions of this Guaranty, including without limitation the consents and waivers set forth in paragraph 7 hereof, shall remain in effect with respect to the Guaranteed Indebtedness described in the preceding sentence in the same manner as if such revocation had not been made by Guarantor.

Right of Revocation. Guarantor understands and agrees that Guarantor may revoke its future obligations under this Guaranty at any time by giving Bank Lender written notice that Guarantor will not be liable hereunder for any indebtedness or obligations of Borrower incurred on or after the effective date of such revocation. Such revocation shall be deemed to be effective on the day following the day Bank Lender receives such notice delivered either by: (a) personal delivery to the address and designated department of Bank Lender identified in subparagraph Section 1(a) above, or (b) United States mail, registered or certified, return receipt requested, postage prepaid, addressed to Bank Lender at the address shown in subparagraph Section 1(a) above. Notwithstanding such revocation, Guarantor shall remain liable on its obligations hereunder until payment in full to Bank Lender of (xa) all of the Guaranteed Indebtedness that is outstanding on the effective date of such revocation, and any renewals and extensions thereof, and (yb) all loans, advances and other extensions of credit made to or for the account of Borrower on or after the effective date of such revocation pursuant to the obligation of Bank Lender under a commitment or agreement made to or with Borrower prior to the effective date of such revocation. The terms and conditions of this Guaranty, including without limitation the consents and waivers set forth in paragraph 7 Section 6 hereof, shall remain in effect with respect to the Guaranteed Indebtedness described in the preceding sentence in the same manner as if such revocation had not been made by Guarantor. EXECUTED as of the date first above written. GUARANTOR: STATE NATIONAL COMPANIES, INC., a Delaware corporation By: /s/ Txxxx X. Xxxxxxxxx Name: Txxxx X. Xxxxxxxxx Title: Chief Executive Officer

Right of Revocation. Guarantor understands and agrees that Guarantor may revoke its future obligations under this Guaranty at any time with respect to indebtedness or obligations of Borrower incurred after the effective date of the revocation by giving Bank Lender written notice that Guarantor will not be liable hereunder for any indebtedness or obligations of Borrower incurred on or after the effective date of such revocation. Such revocation shall be deemed to be effective on the 5th day following written acknowledgement by an officer of the day Bank receives such Lender that the Lender received written notice of revocation delivered either by: (a) personal delivery to the address and designated department of Bank Lender identified in subparagraph Subparagraph 1(a) above, or (b) United States mail, registered or certified, return receipt requested, postage prepaid, addressed to Bank Lender at the address shown in subparagraph Subparagraph 1(a) above. Notwithstanding such revocation, Guarantor shall remain liable on its obligations hereunder until payment in full to Bank Lender of (xa) all of the Guaranteed Indebtedness that is outstanding on the effective date of such revocation, and any renewals and extensions thereof, including interest thereon and fees and expenses related thereto, that have accrued or been incurred after the effective date of such revocation, and (yb) all loans, advances and other extensions of credit made to or for the account of Borrower on or after the effective date of such revocation pursuant to the obligation of Bank Lender under a commitment or agreement made to or with Borrower prior to the effective date of such revocation. The terms and conditions of this Guaranty, including without limitation the consents and waivers set forth in paragraph Paragraph 7 hereof, shall remain in effect with respect to the Guaranteed Indebtedness described in the preceding sentence in the same manner as if such revocation had not been made by Guarantor.. EXECUTED as of the date first above written. GUARANTOR: SCHLOTZSKY’S, INC. a Texas corporation By: /s/ XXXX X. XXXXXX Xxxx X. Xxxxxx, President

Right of Revocation. Guarantor understands and agrees that ------------------- Guarantor may revoke its future obligations under this Guaranty at any time by giving Bank Lender written notice that Guarantor will not be liable hereunder for any indebtedness or obligations of Borrower incurred on or after the effective date of such revocation. Such revocation shall be deemed to be effective on the day following the day Bank Lender receives such notice delivered either by: (a) personal delivery to the address and designated department of Bank Lender identified in subparagraph Subparagraph 1(a) above, or (b) United States mail, registered or certified, ----------------- return receipt requested, postage prepaid, addressed to Bank Lender at the address shown in subparagraph 1(aSubparagraph l(a) above. Notwithstanding such revocation, Guarantor ----------------- shall remain liable on its obligations hereunder until payment in full to Bank Lender of (xa) all of the Guaranteed Indebtedness that is outstanding on the effective date of such revocation, and any renewals and extensions thereof, and (yb) all loans, advances and other extensions of credit to which this Guaranty applies, made to or for the account of Borrower on or after the effective date of such revocation pursuant to the obligation of Bank Lender under a commitment or agreement made to or with Borrower prior to the effective date of such revocation. The terms and conditions of this Guaranty, including without limitation the consents and waivers set forth in paragraph 7 Paragraph 6 hereof, shall ----------- remain in effect with respect to the Guaranteed Indebtedness described in the preceding sentence in the same manner as if such revocation had not been made by Guarantor.. EXECUTED as of the date first above written. GUARANTOR: U.S. HOME SYSTEMS, INC. By:______________________________________ Name:____________________________________ Title____________________________________

Right of Revocation. Guarantor understands and agrees that Guarantor may revoke its Guarantor's future obligations under this Guaranty at any time by giving Bank written notice that Guarantor will not be liable hereunder for any indebtedness or obligations of Borrower incurred on or after the effective date of such revocation. Such revocation shall be deemed to be effective on the day following the day the Bank receives such notice delivered either by: by (a) personal delivery to the address and designated designed department of Bank identified in subparagraph 1(a) above, or (b) United States mail, registered or certified, return receipt requested, postage prepaid, addressed to Bank at the address shown in subparagraph 1(a) above. Notwithstanding such revocation, Guarantor shall remain liable on its Guarantor's obligations hereunder until payment in full to Bank of (x) all of the Guaranteed Indebtedness that is outstanding on the effective date of such revocation, and any renewals and extensions thereof, and (y) all loans, advances and other extensions of credit made to or for the account of Borrower on or after the effective date of such revocation pursuant to the obligation of Bank under a commitment or agreement made to or with Borrower prior to the effective date of such revocation. The terms and conditions of this Guaranty, including without limitation the consents and waivers set forth in paragraph 7 hereof, shall remain in effect with respect to the Guaranteed Indebtedness described in the preceding sentence in the same manner as if such revocation had not been made by Guarantor.

Right of Revocation. Guarantor understands and agrees that Guarantor may revoke its future obligations under this Guaranty at any time by giving Bank Lender written notice that Guarantor will not be liable hereunder for any indebtedness or obligations of Borrower incurred on or after the effective date of such revocation. Such revocation shall be deemed to be effective on the day following the day Bank Lender receives such notice delivered either by: (a) personal delivery to the address and designated department of Bank Lender identified in subparagraph Subparagraph 1(a) above, or (b) United States mail, registered or certified, return receipt requested, postage prepaid, addressed to Bank Lender at the address shown in subparagraph Subparagraph 1(a) above. Notwithstanding such revocation, Guarantor shall remain liable on its obligations hereunder until payment in full to Bank Lender of (xa) all of the Guaranteed Indebtedness that is outstanding on the effective date of such revocation, and any renewals and extensions thereof, and (yb) all loans, advances and other extensions of credit made to or for the account of Borrower on or after the effective date of such revocation pursuant to the obligation of Bank Lender under a commitment or agreement made to or with Borrower prior to the effective date of such revocation. The terms and conditions of this Guaranty, including without limitation the consents and waivers set forth in paragraph 7 Paragraph 6 hereof, shall remain in effect with respect to the Guaranteed Indebtedness described in the preceding sentence in the same manner as if such revocation had not been made by Guarantor. EXECUTED as of the date first above written. GUARANTOR: ASCENT ASSURANCE, INC. By: /s/ Xxxxxxx X. Xxxxxx Print Name: Xxxxxxx X. Xxxxxx Print Title: SVP & CFO GUARANTY AGREEMENT THIS GUARANTY AGREEMENT (“Guaranty”) is made as of December 31, 2003, by Guarantor (as hereinafter defined) for the benefit of Lender (as hereinafter defined).

Right of Revocation. Guarantor understands and agrees that Guarantor may revoke its future obligations under this Guaranty at any time by giving Bank written notice that Guarantor will not be liable hereunder for any indebtedness or obligations of Borrower incurred on or after the effective date of such revocation. Such revocation shall be deemed to be effective on the day following the day Bank receives such notice delivered either by: (a) personal delivery or delivery by nationally recognized overnight service to the address and designated department of Bank identified in subparagraph 1(a) above, or (b) United States mail, registered or certified, return receipt requested, postage prepaid, addressed to Bank at the address shown in subparagraph 1(a) above. Notwithstanding such revocation, Guarantor shall remain liable on its obligations hereunder until payment in full to Bank of (x) all of the Guaranteed Indebtedness that is outstanding on the effective date of such revocation, and any renewals and extensions thereof, and (y) all loans, advances and other extensions of credit made to or for the account of Borrower on or after the effective date of such revocation pursuant to the obligation of Bank under a commitment or agreement made to or with Borrower prior to the effective date of such revocation. The terms and conditions of this Guaranty, including without limitation the consents and waivers set forth in paragraph 7 hereof, shall remain in effect with respect to the Guaranteed Indebtedness described in the preceding sentence in the same manner as if such revocation had not been made by Guarantor.such

Right of Revocation. Guarantor understands and agrees that Guarantor ------------------- may revoke its future obligations under this Guaranty at any time by giving Bank Lender written notice that Guarantor will not be liable hereunder for any indebtedness or obligations of Borrower incurred on or after the effective date of such revocation. Such revocation shall be deemed to be effective on the day following the day Bank Lender receives such notice delivered either by: (a) personal delivery to the address and designated department of Bank Lender identified in subparagraph Subparagraph 1(a) above, or (b) United States mail, registered or certified, ----------------- return receipt requested, postage prepaid, addressed to Bank Lender at the address shown in subparagraph Subparagraph 1(a) above. Notwithstanding such revocation, Guarantor ----------------- shall remain liable on its obligations hereunder until payment in full to Bank Lender of (xa) all of the Guaranteed Indebtedness that is outstanding on the effective date of such revocation, and any renewals and extensions thereof, and (yb) all loans, advances and other extensions of credit made to or for the account of Borrower on or after the effective date of such revocation pursuant to the obligation of Bank Lender under a commitment or agreement made to or with Borrower prior to the effective date of such revocation. The terms and conditions of this Guaranty, including without limitation the consents and waivers set forth in paragraph Paragraph 7 hereof, shall remain in effect with respect to the Guaranteed ----------- Indebtedness described in the preceding sentence in the same manner as if such revocation had not been made by Guarantor. EXECUTED as of the date first above written. GUARANTOR: ---------- SCHLOTZSKY'S, INC., a Texas corporation

Right of Revocation. The Guarantor understands and agrees that the Guarantor may revoke its the Guarantor's future obligations under this Guaranty at any time by giving Bank Agent written notice that the Guarantor will not be liable hereunder for any indebtedness or obligations of Borrower incurred on or after the effective date of such revocation. Such revocation shall be deemed to be effective on the day following the day Bank Agent receives such notice delivered either by: by (a) personal delivery to the address and designated designed department of Bank Agent identified in subparagraph 1(a) above, or (b) United States mail, registered or certified, return receipt requested, postage prepaid, addressed to Bank Agent at the address shown in subparagraph 1(a) above. Notwithstanding such revocation, the Guarantor shall remain liable on its the Guarantor's obligations hereunder until payment in full to Bank Lenders of (x) all of the Guaranteed Indebtedness that is outstanding on the effective date of such revocation, and any renewals and extensions thereof, and (y) all loans, advances and other extensions of credit made to or for the account of Borrower on or after the effective date of such revocation pursuant to the obligation of Bank Lenders under a commitment or agreement made to or with Borrower prior to the effective date of such revocation. The terms and conditions of this Guaranty, including without limitation the consents and waivers set forth in paragraph 7 hereof, shall remain in effect with respect to the Guaranteed Indebtedness described in the preceding sentence in the same manner as if such revocation had not been made by the Guarantor.

Right of Revocation. Corporate Guarantor understands and agrees that Corporate Guarantor may revoke its Corporate Guarantor's future obligations under this Guaranty at any time by giving Bank written notice that Corporate Guarantor will not be liable hereunder for any indebtedness or obligations of Borrower incurred on or after the effective date of such revocation. Such revocation shall be deemed to be effective on the day following the day the Bank receives such notice delivered either by: by (a) personal delivery to the address and designated designed department of Bank identified in subparagraph 1(aI (a) above, ; or (b) United States mail, registered or certified, return receipt requested, postage prepaid, addressed to Bank at the address shown in subparagraph 1(a) aboveBank. Notwithstanding such revocation, Corporate Guarantor shall remain liable on its Corporate Guarantor's obligations hereunder until payment in full to Bank of (x) all of the Guaranteed Indebtedness that is outstanding on the effective date of such revocation, and any renewals and extensions thereof, and (y) all loans, advances and other extensions of credit made to or for the account of Borrower on or after the effective date of such revocation pursuant to the obligation of Bank under a commitment or agreement made to or with Borrower prior to the effective date of such revocation. The terms and conditions of this Guaranty, including without limitation the consents and waivers set forth in paragraph 7 8 hereof, shall remain in effect with respect to the Guaranteed Indebtedness described in the preceding sentence in the same manner as if such revocation had not been made by Corporate Guarantor.

Right of Revocation. Each Guarantor understands and agrees that such Guarantor may revoke its such Guarantor's future obligations under this Guaranty at any time by giving Bank Agent written notice that such Guarantor will not be liable hereunder for any indebtedness or obligations of Borrower incurred on or after the effective date of such revocation. Such revocation shall be deemed to be effective on the day following the day Bank Agent receives such notice delivered either by: by (a) personal delivery to the address and designated designed department of Bank Agent identified in subparagraph 1(a) above, or (b) United States mail, registered or certified, return receipt requested, postage prepaid, addressed to Bank Agent at the address shown in subparagraph 1(a) above. Notwithstanding such revocation, each Guarantor shall remain liable on its such Guarantor's obligations hereunder until payment in full to Bank Lenders of (x) all of the Guaranteed Indebtedness that is outstanding on the effective date of such revocation, and any renewals and extensions thereof, and (y) all loans, advances and other extensions of credit made to or for the account of Borrower on or after the effective date of such revocation pursuant to the obligation of Bank Lenders under a commitment or agreement made to or with Borrower prior to the effective date of such revocation. The terms and conditions of this Guaranty, including without limitation the consents and waivers set forth in paragraph 7 hereof, shall remain in effect with respect to the Guaranteed Indebtedness described in the preceding sentence in the same manner as if such revocation had not been made by any Guarantor.