1. For value received, the undersigned, herein called guarantors, jointly and severally, unconditionally
guarantee and promise to pay to Northwest Tire Inc., 1615 Bismarck Expressway, Bismarck, ND 58504, or any of
its affiliates, successors or assigns, herein called “Seller”, any indebtedness incurred on or after {date}, by (your company name) {typeA16} herein called “Buyer”, by reason of the purchase from Seller of all tires, wheels, and accessories purchased from Northwest Tire Inc. or any of its affiliates, successors or assigns.
2. Guarantors understand and agree that this is a continuing guaranty, and until revoked as provided for in this instrument, shall cover all future indebtedness arising under successive transactions that shall either continue the liability of principal or from time to time renew it after it has been satisfied.
3. This guaranty shall terminate on delivery to and acceptance by Seller, at the address set forth above, of notice of termination effective as to any and all indebtedness incurred or created by Buyer from and after such delivery of notice of termination. Termination of personal guaranty may, at Seller’s discretion, affect the amount of or the ability to obtain credit with the Seller. Seller’s acceptance is effective upon a written reply notice to Buyer.