PERSONAL GUARANTY I, for and in consideration of Techstar Electronics Inc (“Techstar”) extending credit at my request to a incorporated in with its registered office at , including its subsidiaries and/or affiliated companies (hereafter "Customer”), hereby personally and unconditionally guarantee and promise to pay Techstar any obligations of Customer to Techstar and I hereby agree to bind myself to pay Techstar on demand any sum which may become due to Techstar by Customer, whenever Customer shall fail to pay the same. This Personal Guaranty guarantees all extensions of credit including, but not limited to, increases to the credit limit of the Customer, and is not given in association with any one particular grant of credit or credit application. “Obligations” include but are not limited to all extensions of credit to Customer, all transactions between Customer and Techstar, the invoiced cost of products and services sold to Customer by Techstar, and any other amounts, charges, expenses, interest, fees, costs owed by Customer to Techstar. I will reimburse Techstar for all expenses incurred by it in the collection, enforcement or attempted enforcement of any of its rights hereunder against Reseller or Guarantor including, but not limited to, reasonable attorney fees and costs and collection agent fees and expenses. I subordinate any obligations that Customer may have to me to the obligations of Customer owed to Techstar. I agree to so pay and perform without requiring Techstar to exercise, pursue or enforce any right or remedy Techstar has against Customer, any co-guarantor, or any other party.
I consent that from time to time Techstar may, without notice to me and without affecting any of my liability: (a) exchange, release, sell (by foreclosure or otherwise), consent to the transfer of, apply or otherwise deal with any collateral for repayment of the obligations at the election of Techstar, (b) refinance, extend, renew, increase, decrease or accelerate the obligations in whole or in part, (c) waive or fail to enforce any of its rights under any instruments evidencing, relating to, or securing the obligations, or (d) settle, release (by operation of law or otherwise), compound, compromise, collect or liquidate, in any manner, any of the obligations, or any obligations of any co-guarantor (whether here under or under a separate instrument) or any other party. My obligations under this Personal Guaranty remain in effect a