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GUARANTY

Advertising or Marketing Agreement

GUARANTY | Document Parties: REGAN HOLDING CORP | Legacy Marketing Group, Inc | Transaction Applications Group, Inc You are currently viewing:
This Advertising or Marketing Agreement involves

REGAN HOLDING CORP | Legacy Marketing Group, Inc | Transaction Applications Group, Inc

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Title: GUARANTY
Date: 3/31/2008

GUARANTY, Parties: regan holding corp , legacy marketing group  inc , transaction applications group  inc
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Exhibit 10(m)


GUARANTY



Effective this 17 th day of October, 2007 (“ Effective Date ”), the undersigned (“ Guarantor ”) hereby unconditionally and irrevocably guarantees the full and punctual payment and performance of all obligations of Transaction Applications Group, Inc. ( “TAG” )  under the Asset Purchase Agreement between Legacy Marketing Group, Inc. (“ LMG ”) and TAG dated the date hereof (the “Agreement” ) and each of the other “TAG Documents” identified in the Agreement. Upon failure by TAG to pay or perform punctually any such obligation, Guarantor shall forthwith on demand pay or perform the obligation in the manner specified in the Agreement.  This Guaranty is a guaranty of performance and payment and not of collection, and TAG shall not be required to exhaust any right or remedy or take any action against TAG or any other person or entity before enforcing this Guaranty.  


The obligations of Guarantor hereunder shall be unconditional and absolute and, without limiting the generality of the foregoing, shall not be released, discharged or otherwise affected by:  (a) any compromise, waiver or release in respect of any obligation of TAG; (b) any modification, restatement or waiver of any TAG Document or the schedules, exhibits and other documents related hereto; (c) any insolvency, bankruptcy, reorganization or other similar proceeding affecting TAG or its assets or any resulting release or discharge of any obligation of TAG; (d) the existence of any claim, set-off or other rights which Guarantor may have at


 
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