Table of Contents

1. GUARANTOR TO PAY ON DEMAND 3
2. LIMITATION OF LIABILITY 3
3. CONTINUING SECURITY 3
4. EFFECT OF DEATH OR INCAPACITY OF GUARANTOR 4
5. NOTICE TO DETERMINE GUARANTEE 4
6. PAYMENT 4
7. NEW ACCOUNTS 5
8. EFFECT OF PRINCIPAL DEBTOR’S INSOLVENCY 5
9. PROVISO TO SETTLE OR DISCHARGE 5
10. EFFECT OF OTHER GUARANTEES ETC. 5
11. INDULGENCE 5
12. RESORTING TO OTHER MEANS OF PAYMENT 6
13. NO PROOF IN COMPETITION WITH THE LENDER 6
14. EVIDENCE OF AMOUNT DUE 7
15. CHANGE IN CONSTITUTION 7
16. NO SECURITY RECEIVED BY GUARANTORS 7
17. SEPARATE INDEMNITY 7
18. CHANGE IN LENDER’S CONSTITUTION 8
19. OTHER CURRENCY 8
20. PAYMENTS BY GUARANTOR 9
21. CURRENCY INDEMNITY 9
22. SET OFF AND LIEN 9
23. POWERS OF THE LENDER 10
24. NO WAIVER 10
25. JOINT AND SEVERAL LIABILTIY 10
26. CO-GUARANTORS 11
27. NOTICES ETC. 11
28. MISCELLANEOUS 11
29. GOVERNING LAW AND JURISDICTION 11
30. INTERPRETATION 11