FOR VALUE RECEIVED the undersigned (hereinafter referred to as "Guarantors" whether one or more)
jointly and severally guarantee unconditionally the payment of and promise to pay the Issuing Bank
of the Card and Credit Devices issue pursuant hereto (hereinafter referred to as "Bank") any and all
indebtedness and obligations, whether direct or indirect, absolute or contingent, primary or
secondary, or joint or several and all renewals and extensions thereof, for which Borrower is now,
or hereafter may become libel or indebted to Bank, whether such liability or indebtedness be in
contract or tort; provided, however, that Guarantors shall not be required to pay Bank under this
Guaranty Agreement an aggregate sum of more than the total interest and attorney's fees which may be
or become owing by Borrower to Bank, plus the sum of the total outstanding balance of all Cards
issued by Bank for the account of Borrower.
Notwithstanding any other provision of this guaranty or the guaranteed indebtedness, Bank and
Guarantors agree that Guarantors shall never be required or obligated under the terms hereof or
under the terms of any note, instrument or other agreement evidencing any of the guaranteed
indebtedness, to pay interest in excess of the maximum interest rate as may be authorized by law for
written contracts which constitute the guaranteed indebtedness and for the Guarantors. It is the
intention of the parties hereto to conform strictly to the applicable laws which limit interest
rates, and any of the aforesaid contracts for interest, if and to the extent payable by Guarantors,
shall be held to be subject to reduction to the maximum interest rate allowed under said laws.
Guarantors hereby severally waive notice of acceptance of this guaranty and all other notices in
connection herewith or in connection with the indebtedness or obligations guaranteed hereby, and
waive diligence, presentment, protest, and suit on the part of Bank in the collection of any
indebtedness or obligation hereby guaranteed, and agree that Bank shall not be required to first
endeavor to collect from Borrower any indebtedness or obligation hereby guaranteed, or to foreclose,
proceed against, or exhaust any collateral or security for any indebtedness or obligation hereby
guaranteed, before requiring Guarantors, or any of them, to pay the full amount of the guaranteed
obligations. Suit may be brought and maintained against any one or more of the undersigned
Guarantors at the election of Bank, without joinder of Borrower or any other Guarantor as parties
thereto. If any sum due Bank by Guarantors hereunder is placed in the hands of an attorney for
collection, or is collected through probate, bankruptcy, or other court proceeding, that the
undersigned Guarantors, jointly and severally, promise to pay Bank on demand any and all attorney's
fees and other costs and expenses incurred by Bank.
This guaranty is continuing and shall continue to apply without regard to the form or amount of
indebtedness or obligation guaranteed which Borrower may create, renew, extend, or alter, in whole
or in part, without notice to Guarantors. This guaranty also includes, but is not limited to,
fraudulent use of the card or unauthorized use of the card as a result of the card being lost or
If the status of Borrower changes, this guaranty agreement shall continue and also cover the
indebtedness of Borrower under the new status, according to the terms hereof.
If, for any reason, the guaranteed indebtedness cannot be enforced against Borrower, or any payments
thereon must be refunded by Bank to any party for any reason, including bankruptcy, such fact shall
not affect the liability of Guarantors hereunder, and Guarantors shall be liable hereunder to the
same extent as if the guaranteed indebtedness has been enforceable against Borrower or said payments
had not been made to Bank.
Bank may settle or agree with any of the Guarantors for such sum or sums as it may see fit and
release such of the Guarantors from all further liability to Bank for guaranteed indebtedness
without impairing the right of Bank to demand and collect the balance of the guaranteed indebtedness
from others of the Guarantors not so released.
Bank may surrender, release, exchange, or alter any collateral or security for any indebtedness or
obligation hereby guaranteed without affecting the liability of Guarantors under this guaranty, and
this guaranty shall continue effective notwithstanding any legal disability of Borrower.
In the event of the death of any of the undersigned Guarantors, this guaranty shall bind the
decedent, his heirs, executors, and administrators only as to the indebtedness and obligations of
Borrower to Bank which are existing at the time notice in writing of such death is received by the
Cashier of Bank and as to all renewals and extensions thereof, in whole or in part whenever made,
but this guaranty agreement shall continue in full force and effect as to all other of the
undersigned Guarantors. No notice shall be deemed received by the Cashier of Bank unless and until
the said Cashier has acknowledged receipt thereof in writing.
Each of the undersigned Guarantors acknowledges that this guaranty is operative and binding as to him
without reference to whether it is signed by any other person or persons and without reference to
whether it is signed by any other person under any legal disability to sign the same; and that his
liability hereunder shall be cumulative and in addition to any other liability or obligation to
Bank, whether the same is incurred through the execution of a similar guaranty, through endorsement,
Guarantors shall furnish to Bank annually (and more frequently if requested by Bank) financial
statements, including cash flow and contingent liability information.
Guarantors jointly and severally represent and warrant to Bank, that the value of the consideration
received and to be received by Guarantors as a result of Bank extending credit to Borrower and
Guarantors executing and delivering this guaranty agreement is reasonably worth at least as much as
the liability and obligation of Guarantors hereunder, and such liability and obligation has
benefited or may reasonably be expected to benefit Guarantors directly or indirectly.
Bank may assign its rights hereunder, in whole or in part, and upon any such assignment all the terms
and provisions of this guaranty shall inure to the benefit of such assignee, to the extent so
assigned. Any action or inaction by Bank with regard to the guaranteed indebtedness or this guaranty
shall not impair or diminish the obligation of Guarantors hereunder. Bank shall not be liable for
its failure to use diligence in the collection of the guaranteed indebtedness or in preserving the
liability of any person liable thereon. The rights of Bank hereunder shall be cumulative of any and
all other rights that Bank may have against Guarantors, or any of them, including but not limited to
the right of set-off. The exercise by Bank of any right or remedy hereunder or under any other
instrument, at law or in equity, shall not preclude concurrent or subsequent exercise of any other
right or remedy.
This guaranty agreement is performable in Dallas County, Texas, and Guarantors waive the right to be
sued elsewhere. This guaranty agreement is not intended and does not replace, cancel or otherwise
modify or affect any other guaranty agreement of the Guarantors, or any of them, held by Bank.
Bank is relying and is entitled to rely upon each and all of the provisions of this agreement; and,
accordingly, if any provision or provisions of this instrument shall be held to be invalid or
ineffective, then all other provisions shall continue in full force and effect notwithstanding.
THIS GUARANTY EMBODIES THE FINAL, ENTIRE AGREEMENT OF GUARANTORS AND BANK WITH RESPECT TO GUARANTORS'
GUARANTY OF THE GUARANTEED INDEBTEDNESS AND SUPERSEDES ANY AND ALL PRIOR COMMITMENTS, AGREEMENTS,
REPRESENTATIONS, AND UNDERSTANDINGS, WHETHER WRITTEN OR ORAL, RELATING TO THE SUBJECT MATTER HEREOF.
THIS GUARANTY IS INTENDED BY GUARANTORS AND BANK AS A FINAL AND COMPLETE EXPRESSION OF THE TERMS OF
THE GUARANTY, AND NO COURSE OF DEALING BETWEEN GUARANTORS AND BANK, NO COURSE OF PERFORMANCE, NO
TRADE PRACTICES, AND NO EVIDENCE OF PRIOR CONTEMPORANEOUS OR SUBSEQUENT ORAL AGREEMENTS OR
DISCUSSIONS OR OTHER EXTRINSIC EVIDENCE OF ANY NATURE SHALL BE USED TO CONTRADICT, VARY, SUPPLEMENT
OR MODIFY ANY TERM OF THIS GUARANTY. THERE ARE NO ORAL AGREEMENTS BETWEEN GUARANTORS AND BANK.