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GUARANTEE

Guarantee Agreement

GUARANTEE | Document Parties: TECHNITROL INC | AMI Doduco, Inc | Bank of Nova Scotia You are currently viewing:
This Guarantee Agreement involves

TECHNITROL INC | AMI Doduco, Inc | Bank of Nova Scotia

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Title: GUARANTEE
Date: 2/26/2008
Industry: Electronic Instr. and Controls     Sector: Technology

GUARANTEE, Parties: technitrol inc , ami doduco  inc , bank of nova scotia
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Exhibit 10.18-3

The Bank of Nova Scotia
One Liberty Plaza
New York, NY 10006

Attn: Managing Director
Phone: (212) 225-6200
Fax: (212) 225-6248

GUARANTEE

FOR VALUABLE CONSIDERATION, the undersigned hereby absolutely and unconditionally guarantees to The Bank of Nova Scotia and its affiliates (the “Bank”) the punctual payment and performance, when due, whether by acceleration or otherwise, of each and every obligation to the Bank, of each and everyone of AMI Doduco, Inc., AMI Doduco Espana, S.L. and AMI Doduco GmbH (individually a “Customer” and collectively the “Customers”) arising under transactions with the Bank or otherwise (“Obligations”); agrees that it shall pay its obligations hereunder without deduction or set off; agrees that its obligations hereunder shall not be released by any amendment to or waiver of any rights under any agreement between a Customer or the Customers and the Bank or otherwise or any release of any security granted for any Obligations, or by any bankruptcy or similar proceeding in respect of the undersigned, a Customer, the Bank or any party to any security document or by the invalidity, illegality or unenforceability of any Obligations; agrees that the Bank may enforce its rights hereunder without first exhausting any other rights and remedies it may have and shall be entitled to payment from the undersigned for all expenses including legal expenses, incurred


 
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