VIAD CORP
20171106
13.14 MB
50
<span id="vvi-ex41_104.htm"></span><!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd"> <html lang="en-US"> <head> <title>Form 10-Q filed by VIAD CORP on 2017-11-06</title> </head> <!-- NG Converter v4.0.8.13 --> <body> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:12pt;"> </p> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:12pt;font-style:normal;text-transform:none;font-variant: normal;">EXHIBIT 4.1</p> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:12pt;"> </p> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;color:#auto;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:12pt;font-style:normal;text-transform:none;font-variant: normal;">JOINDER TO GUARANTY</p> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:12pt;"> </p> <p style="text-align:justify;margin-bottom:12pt;margin-top:0pt;text-indent:7.69%;color:#auto;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:12pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">SUPPLEMENT NO. 1 dated as of August 31, 2017, to the Guaranty dated as of December 28, 2016 (as the same may be amended, supplemented or otherwise modified from time to time, the “<font style="font-style:italic;">Guaranty</font>”), by Viad Corp, Global Experience Specialists, Inc., GES Event Intelligence Services, Inc. and CATC Alaska Tourism Corporation in favor of the Bank.</p> <p style="text-align:justify;margin-bottom:12pt;margin-top:0pt;text-indent:7.69%;color:#auto;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:12pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Reference is made to the Credit Agreement dated as of December 28, 2016, (as amended, supplemented or otherwise modified from time to time, the “<font style="font-style:italic;">Credit</font> <font style="font-style:italic;">Agreement</font>”), among Brewster Inc., an Alberta corporation (“<font style="font-style:italic;">Borrower</font>”), and BMO Harris Bank, N.A. (“<font style="font-style:italic;">Bank</font>”). </p> <p style="text-align:justify;margin-bottom:12pt;margin-top:0pt;text-indent:7.69%;color:#auto;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:12pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned to such terms in the Guaranty and the Credit Agreement.</p> <p style="text-align:justify;margin-bottom:12pt;margin-top:0pt;text-indent:7.69%;color:#auto;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:12pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Guarantors have entered into the Guaranty in order to induce the Bank to extend credit pursuant to the Credit Agreement. Pursuant to Section 6.8(a) of the Credit Agreement, the undersigned Person is required to enter into the Guaranty as a Guarantor. Section 11 of the Guaranty provides that additional subsidiaries of Viad may become Guarantors under the Guaranty by execution and delivery of an instrument in the form of this Supplement. The undersigned Subsidiary of Viad (the “<font style="font-style:italic;">New</font> <font style="font-style:italic;">Guarantor</font>”) is executing this Supplement in accordance with the requirements of the Credit Agreement to become a Guarantor under the Guaranty in order to induce the Bank to extend and continue the extension of credit pursuant to the Credit Agreement.</p> <p style="text-align:justify;margin-bottom:12pt;margin-top:0pt;text-indent:7.69%;color:#auto;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:12pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Accordingly, the Bank and the New Guarantor agree as follows:</p> <p style="text-align:justify;margin-bottom:12pt;margin-top:0pt;text-indent:7.69%;color:#auto;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:12pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">SECTION 1.<font style="margin-left:36pt;">In accordance with Section 11 of the Guaranty, the New Guarantor by its signature below becomes a Guarantor under the Guaranty with the same force and effec</font>t as if originally named therein as a Guarantor and the New Guarantor hereby (a) agrees to all the terms and warrants that the representations and warranties made by it as a Guarantor thereunder are true and correct in all material respects on and as of the date hereof (except to the extent such representations and warranties expressly relate to an earlier date). Each reference to a “Guarantor” in the Guaranty shall be deemed to include the New Guarantor. The Guaranty is hereby incorporated herein by reference.</p> <p style="text-align:justify;margin-bottom:12pt;margin-top:0pt;text-indent:7.69%;color:#auto;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:12pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">SECTION 2.<font style="margin-left:36pt;">The New Guarantor represents and warrants to the Bank that this Supplement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms</font>.</p> <p style="text-align:justify;margin-bottom:12pt;margin-top:0pt;text-indent:7.69%;color:#auto;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:12pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">SECTION 3.<font style="margin-left:36pt;">This Supplement may be executed in counterparts, each of which shall constitute an original, but all of which when taken together shall constitute a single contract. The Supplement shall become effective when the Bank shall have received coun</font>terparts of this Supplement that, when taken together, bear the signatures of the New Guarantor and the Bank.</p> <p style="text-align:justify;margin-bottom:12pt;margin-top:0pt;text-indent:7.69%;color:#auto;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:12pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">SECTION 4.<font style="margin-left:36pt;">Except as expressly supplemented hereby, the Guaranty </font>shall remain in full force and effect.<font style="margin-left:36pt;"></font></p> <p style="margin-top:12pt; clear:both;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:12pt;"> </p> <hr style="page-break-after:always;width:100%;"> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:12pt;"> </p> <p style="text-align:justify;margin-bottom:12pt;margin-top:0pt;text-indent:7.69%;font-family:Times New Roman;font-size:12pt;"> </p> <p style="text-align:justify;margin-bottom:12pt;margin-top:0pt;text-indent:7.69%;color:#auto;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:12pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">SECTION 5.<font style="margin-left:36pt;">THIS SUPPLEMENT SHALL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAW OF THE STATE OF ILLINOIS.</font></p> <p style="text-align:justify;margin-bottom:12pt;margin-top:0pt;text-indent:7.69%;color:#auto;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:12pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">SECTION 6.<font style="margin-left:36pt;">All communications and notices hereunder shall be in writing and given as provided in Sec</font>tion 12 of the Guaranty. All communications and notices hereunder to the New Guarantor shall be given to it at the address set forth under its signature below, with a copy to the Borrower.</p> <p style="text-align:center;margin-bottom:12pt;margin-top:0pt;text-indent:0%;color:#auto;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:12pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">[signature pages follow]</p> <p style="text-align:center;margin-bottom:12pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:12pt;"> </p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:12pt;"> </p> <hr style="page-break-after:always;width:100%;"> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:12pt;"> </p> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:7.69%;color:#auto;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:12pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><a name="_AEIOULastRenderedPageBreakAEIOU2"></a><font style="color:#auto;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:12pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">IN WITNESS WHEREOF, the New Guar</font><font style="color:#auto;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:12pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">antor and the Bank have duly executed this Supplement to the Guaranty as of the day and year first above written.</font></p> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:7.69%;font-family:Times New Roman;font-size:12pt;"> </p> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:12pt;"> </p> <div align="right"> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse; width:468pt;;"> <tr> <td style="width:171pt;"></td> <td style="width:53.1pt;"></td> <td style="width:229.45pt;"></td> <td style="width:14.45pt;"></td> </tr> <tr> <td valign="top" > <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;"> </p></td> <td valign="top" > <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;"> </p></td> <td valign="top" > <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;letter-spacing:-0.05pt;font-size:12pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">ON SERVICES – AV SPECIALISTS, INC.</p></td> <td valign="top" > <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;margin-right:12.18%;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;text-align:left;"> </p></td> </tr> <tr> <td valign="top" > <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;"> </p></td> <td valign="top" > <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;"> </p></td> <td valign="top" > <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;"> </p></td> <td valign="top" > <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;margin-right:12.18%;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;text-align:left;"> </p></td> </tr> <tr> <td valign="top" style=" border-bottom:solid 0.75pt transparent;"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;"> </p></td> <td valign="top" style=" border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;text-align:left;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:12pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">By:</p></td> <td valign="top" style=" border-bottom:solid 0.75pt #000000;"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:12pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">/s/ Ellen M. Ingersoll</p></td> <td valign="top" style=" border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;margin-right:12.18%;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;text-align:left;"> </p></td> </tr> <tr> <td valign="top" style=" border-bottom:solid 0.75pt transparent;"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;"> </p></td> <td valign="top" style=" border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;text-align:left;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:12pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Name:</p></td> <td valign="top" style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:12pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Ellen M. Ingersoll</p></td> <td valign="top" style=" border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;margin-right:12.18%;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;text-align:left;"> </p></td> </tr> <tr> <td valign="top" style=" border-bottom:solid 0.75pt transparent;"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;"> </p></td> <td valign="top" style=" border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;text-align:left;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:12pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Title:</p></td> <td valign="top" style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:12pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Vice President</p></td> <td valign="top" style=" border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;margin-right:12.18%;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;text-align:left;"> </p></td> </tr> <tr> <td valign="top" > <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;"> </p></td> <td valign="top" > <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;"> </p></td> <td valign="top" style=" border-top:solid 0.75pt #000000;"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;"> </p></td> <td valign="top" > <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;margin-right:12.18%;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;text-align:left;"> </p></td> </tr> <tr> <td valign="top" style=" border-bottom:solid 0.75pt transparent;"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;"> </p></td> <td valign="top" style=" border-bottom:solid 0.75pt transparent;"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:12pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">By:</p></td> <td valign="top" style=" border-bottom:solid 0.75pt #000000;"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:12pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">/s/ Elyse A. Newman</p></td> <td valign="top" style=" border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;margin-right:12.18%;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;text-align:left;"> </p></td> </tr> <tr> <td valign="top" style=" border-bottom:solid 0.75pt transparent;"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;"> </p></td> <td valign="top" style=" border-bottom:solid 0.75pt transparent;"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:12pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Name:</p></td> <td valign="top" style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;letter-spacing:-0.05pt;font-size:12pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Elyse A. Newman</p></td> <td valign="top" style=" border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;margin-right:12.18%;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;text-align:left;"> </p></td> </tr> <tr> <td valign="top" style=" border-bottom:solid 0.75pt transparent;"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;"> </p></td> <td valign="top" style=" border-bottom:solid 0.75pt transparent;"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:12pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Title:</p></td> <td valign="top" style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:12pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Treasurer</p></td> <td valign="top" style=" border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;margin-right:12.18%;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;text-align:left;"> </p></td> </tr> <tr> <td valign="top" > <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;"> </p></td> <td valign="top" > <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;"> </p></td> <td valign="top" style=" border-top:solid 0.75pt #000000;"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;"> </p></td> <td valign="top" > <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;margin-right:12.18%;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;text-align:left;"> </p></td> </tr> <tr> <td valign="top" style=" border-bottom:solid 0.75pt transparent;"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;"> </p></td> <td valign="top" style=" border-bottom:solid 0.75pt transparent;"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:12pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Address:</p></td> <td valign="top" style=" border-bottom:solid 0.75pt #000000;"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:12pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">c/o Viad Corp</p></td> <td valign="top" style=" border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;margin-right:12.18%;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;text-align:left;"> </p></td> </tr> <tr> <td valign="top" style=" border-bottom:solid 0.75pt transparent;"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;"> </p></td> <td valign="top" style=" border-bottom:solid 0.75pt transparent;"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;"> </p></td> <td valign="top" style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:12pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1850 N. Central Ave, Suite 1900</p></td> <td valign="top" style=" border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;margin-right:12.18%;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;text-align:left;"> </p></td> </tr> <tr> <td valign="top" style=" border-bottom:solid 0.75pt transparent;"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;"> </p></td> <td valign="top" style=" border-bottom:solid 0.75pt transparent;"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;"> </p></td> <td valign="top" style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;letter-spacing:-0.05pt;font-size:12pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Phoenix, AZ 85004-4565</p></td> <td valign="top" style=" border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;margin-right:12.18%;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;text-align:left;"> </p></td> </tr> <tr> <td valign="top" style=" border-bottom:solid 0.75pt transparent;"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;"> </p></td> <td valign="top" style=" border-bottom:solid 0.75pt transparent;"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;"> </p></td> <td valign="top" style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;letter-spacing:-0.05pt;font-size:12pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">ATTENTION: Treasurer</p></td> <td valign="top" style=" border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;margin-right:12.18%;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;text-align:left;"> </p></td> </tr> <tr> <td valign="top" > <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;"> </p></td> <td valign="top" > <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;"> </p></td> <td valign="top" style=" border-top:solid 0.75pt #000000;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;text-align:left;"> </p></td> <td valign="top" > <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;margin-right:12.18%;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;text-align:left;"> </p></td> </tr> </table></div> <p style="text-align:justify;margin-bottom:8pt;margin-top:0pt;margin-left:53.85%;text-indent:0%;font-family:Times New Roman;font-size:12pt;"> </p> <p style="text-align:justify;margin-bottom:24pt;margin-top:0pt;margin-left:53.85%;text-indent:0%;font-family:Times New Roman;font-size:12pt;"> </p> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:53.85%;text-indent:0%;color:#auto;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:12pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><br /></p> <div align="right"> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse; width:468pt;;"></table></div> <p style="text-align:center;margin-top:12pt;margin-bottom:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">[signature page to Joinder Guaranty]</p> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;text-align:left;"> </p> <hr style="page-break-after:always;width:100%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;text-align:left;"> </p> <div align="right"> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse; width:468pt;;"> <tr> <td style="width:171pt;"></td> <td style="width:53.1pt;"></td> <td style="width:229.45pt;"></td> <td style="width:14.45pt;"></td> </tr> <tr> <td style="width:171pt;"></td> <td style="width:53.1pt;"></td> <td style="width:229.45pt;"></td> <td style="width:14.45pt;"></td> </tr> <tr> <td valign="top" > <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;"> </p></td> <td valign="top" > <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;text-align:left;"> </p></td> <td valign="top" > <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#auto;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:12pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">BMO Harris Bank, N.A., as Bank</p></td> <td valign="top" > <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;margin-right:12.18%;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;text-align:left;"> </p></td> </tr> <tr> <td valign="top" > <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;"> </p></td> <td valign="top" > <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;text-align:left;"> </p></td> <td valign="top" > <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;"> </p></td> <td valign="top" > <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;margin-right:12.18%;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;text-align:left;"> </p></td> </tr> <tr> <td valign="top" style=" border-bottom:solid 0.75pt transparent;"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;"> </p></td> <td valign="top" style=" border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;text-align:left;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:12pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">By:</p></td> <td valign="top" style=" border-bottom:solid 0.75pt #000000;"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:12pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">/s/ <font style="color:#auto;">Matthew Freeman</font></p></td> <td valign="top" style=" border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;margin-right:12.18%;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;text-align:left;"> </p></td> </tr> <tr> <td valign="top" style=" border-bottom:solid 0.75pt transparent;"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;"> </p></td> <td valign="top" style=" border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;text-align:left;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:12pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Name:</p></td> <td valign="top" style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#auto;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:12pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Matthew Freeman</p></td> <td valign="top" style=" border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;margin-right:12.18%;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;text-align:left;"> </p></td> </tr> <tr> <td valign="top" style=" border-bottom:solid 0.75pt transparent;"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;"> </p></td> <td valign="top" style=" border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;text-align:left;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:12pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Title:</p></td> <td valign="top" style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:12pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">SVP, Director</p></td> <td valign="top" style=" border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;margin-right:12.18%;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;text-align:left;"> </p></td> </tr> <tr> <td valign="top" > <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;"> </p></td> <td valign="top" > <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;text-align:left;"> </p></td> <td valign="top" style=" border-top:solid 0.75pt #000000;"> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;"> </p></td> <td valign="top" > <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;margin-right:12.18%;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;text-align:left;"> </p></td> </tr> </table></div> <p style="text-align:justify;margin-bottom:24pt;margin-top:0pt;margin-left:53.85%;text-indent:0%;font-family:Times New Roman;font-size:12pt;"> </p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:12pt;"> </p> <p style="text-align:center;margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:12pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">[signature page to Joinder Guaranty]</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:12pt;"> </p></body> </html>