Document:

Guaranty Security Agreement

 Exhibit 10.05 
 GUARANTOR SECURITY AGREEMENT 
 THIS GUARANTOR SECURITY
AGREEMENT (this “Security Agreement”) is made as of December 16, 2010 by and between Spectrum Health Network, Inc., a Delaware corporation (“Debtor”), and Seatac Digital Resources, Inc., a Delaware corporation
(“Seatac”). 
 RECITALS 

A. Debtor is a wholly owned subsidiary of AMHN, Inc., a Nevada corporation (“Borrower”). 

B. Pursuant to a Note Purchase Agreement of even date herewith by and between Seatac and Borrower (as amended or modified
from time to time, the “Note Purchase Agreement”) and a Secured Promissory Note due on demand issued by Borrower to Seatac (as amended or modified from time to time, the “Note”), Seatac has made an $487,532 loan
(the “Loan”) to Borrower. Debtor, Borrower and any other guarantor of the Loan are the intended beneficiaries of the Loan and, as such, the Loan will benefit the Guarantor. 

C. It is a condition precedent to Seatac making the Loan that Debtor execute and deliver to Seatac a security agreement
in the form hereof. This is the Guarantor Security Agreement referred to in the Note Purchase Agreement. 
 AGREEMENTS

 In consideration of the Recitals and for other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, Debtor hereby agrees with Seatac as follows: 
 ARTICLE I DEFINITIONS

 Capitalized terms not defined herein shall have the meaning given to them in the Note Purchase Agreement.
Terms not otherwise defined herein and defined in the UCC shall have, unless the context otherwise requires, the meanings set forth in the UCC as in effect on the date hereof (except that the term “document” shall only have the meaning set
forth in the UCC for purposes of clause (d) of the definition of Collateral). When used in this Security Agreement, the following terms shall have the following meanings: 

Accounts. “Accounts” shall mean all accounts, including without limitation all rights to payment for
goods sold or services rendered that are not evidenced by instruments or chattel paper, whether or not earned by performance, and any associated rights thereto. 

Collateral. “Collateral” shall mean all personal properties and assets of Debtor, wherever located,
whether tangible or intangible, and whether now owned or hereafter acquired or arising, including without limitation: 
 (a) all Inventory and documents relating to Inventory; 
 (b) all
Accounts and documents relating to Accounts; 

  
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 (c) all equipment, fixtures and other goods, including without limitation
machinery, furniture, vehicles and trade fixtures; 
 (d) all general intangibles (including without limitation
payment intangibles, software, customer lists, sales records and other business records, contract rights, causes of action, and licenses, permits, franchises, patents, copyrights, trademarks, and goodwill of the business in which the trademark is
used, trade names, or rights to any of the foregoing), promissory notes, contract rights, chattel paper, documents, letter-of-credit rights and instruments; 
 (e) all motor vehicles; 
 (f) (i) all deposit accounts and
(ii) all cash and cash equivalents deposited with or delivered to Seatac from time to time and pledged as additional security for the Obligations; 
 (g) all investment property; 
 (h) all commercial tort claims; and

 (i) all additions and accessions to, all spare and repair parts, special tools, equipment and replacements
for, and all supporting obligations, proceeds and products of, any and all of the foregoing assets described in Sections (a) through (h), inclusive, above. 

Event of Default. “Event of Default” shall have the meaning specified in the Note Purchase Agreement.

 Inventory. “Inventory” shall mean all inventory, including without limitation all goods held
for sale, lease or demonstration or to be furnished under contracts of service, goods leased to others, trade-ins and repossessions, raw materials, work in process and materials used or consumed in Debtor’s business, including, without
limitation, goods in transit, wheresoever located, whether now owned or hereafter acquired by Debtor, and shall include such property the sale or other disposition of which has given rise to Accounts and which has been returned to or repossessed or
stopped in transit by Debtor. 
 Obligations. “Obligations” shall mean (a) all debts,
liabilities, obligations, covenants and agreements of Debtor contained in the Guaranty dated of even date herewith by Debtor in favor of Seatac; and (b) any and all other debts, liabilities and obligations of Debtor to Seatac. 

Person. “Person” shall mean and include an individual, partnership, corporation, trust, unincorporated
association and any unit, department or agency of government. 
 Security Agreement. “Security
Agreement” shall mean this Guarantor Security Agreement, together with the schedules attached hereto, as the same may be amended, supplemented or otherwise modified from time to time in accordance with the terms hereof. 

Security Interest. “Security Interest” shall mean the security interest of Seatac in the Collateral
granted by Debtor pursuant to this Security Agreement. 
 UCC. “UCC” shall mean the Uniform
Commercial Code as adopted in California and in effect from time to time. 

  
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 ARTICLE II 
 THE SECURITY INTEREST; REPRESENTATIONS AND WARRANTIES 
 2.1
The Security Interest. To secure the full and complete payment and performance when due (whether at stated maturity, by acceleration, or otherwise) of each of the Obligations, Debtor hereby grants to Seatac a security interest in all of
Debtor’s right, title and interest in and to the Collateral. 
 2.2 Representations and
Warranties. Debtor hereby represents and warrants to Seatac that: 
 (a) The records of Debtor with
respect to the Collateral are presently located only at the address(es) listed on Schedule 1 attached to this Security Agreement. 
 (b) The Collateral is presently located only at the location(s) listed on Schedule 1 attached to this Security Agreement. 

(c) The chief executive office and chief place(s) of business of Debtor are presently located at the address(es) listed
on Schedule 1 to this Security Agreement. 
 (d) Debtor is a Delaware corporation and its exact legal
name is set forth in the definition of “Debtor” in the introductory paragraph of this Security Agreement. The organization identification number of Debtor is listed on Schedule 1 to this Security Agreement. 

(e) All of Debtor’s present patents and trademarks, if any, including those which have been registered with, or for
which an application for registration has been filed in, the United States Patent and Trademark Office are listed on Schedule 2 attached to this Security Agreement. All of Debtor’s present copyrights registered with, or for which an
application for registration has been filed in, the United States Copyright Office or any similar office or agency of any state or any other country are listed on Schedule 2 attached to this Security Agreement. 

(f) Debtor has good title to, or valid leasehold interest in, all of the Collateral and there are no Liens on any of the
Collateral except Permitted Liens. 
 2.3 Authorization to File Financing Statements. Debtor hereby
irrevocably authorizes Seatac at any time and from time to time to file in any UCC jurisdiction any initial financing statements and amendments thereto that (a) indicate the Collateral (i) as all assets of Debtor or words of similar
effect, regardless of whether any particular asset comprised in the Collateral falls within the scope of Article 9 of the UCC or such other jurisdiction, or (ii) as being of an equal or lesser scope or with greater detail, and (b) contain
any other information required by part 5 of Article 9 of the UCC for the sufficiency of filing office acceptance of any financing statement or amendment, including whether Debtor is an organization, the type of organization and any state or federal
organization identification number issued to Debtor. Debtor agrees to furnish any such information to Seatac promptly upon request. Debtor also ratifies its authorization for Seatac to have filed in any UCC jurisdiction any like initial financing
statements or amendments thereto if filed prior to the date hereof. 
 ARTICLE III 

AGREEMENTS OF DEBTOR 
 From and after the date of this Security Agreement, and until all of the Obligations are paid in full, Debtor shall: 

  
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 3.1 Sale of Collateral. Not sell, lease, transfer or otherwise
dispose of Collateral or any interest therein, except as provided for in the Note Purchase Agreement and for sales of Inventory in the ordinary course of business. 

3.2 Maintenance of Security Interest.

(a) At the expense of Debtor, defend the Security Interest against any and all claims of any Person adverse to Seatac and
take such action and execute such financing statements and other documents as Seatac may from time to time request to maintain the perfected status of the Security Interest. Debtor shall not further encumber or grant a security interest in any of
the Collateral except as provided for in the Note Purchase Agreement. 
 (b) Debtor further agrees to take any
other action requested by Seatac to ensure the attachment, perfection and first priority of, and the ability of Seatac to enforce its security interest in any and all of the Collateral including, without limitation, (i) executing, delivering
and, where appropriate, filing financing statements and amendments relating thereto under the UCC, to the extent, if any, that Debtor’s signature thereon is required therefor, (ii) complying with any provision of any statute, regulation or
treaty of the United States as to any Collateral if compliance with such provision is a condition to attachment, perfection or priority of, or ability of Seatac to enforce, its security interest in such Collateral, (iii) taking all actions
required by any earlier versions of the UCC (to the extent applicable) or by other law, as applicable in any relevant UCC jurisdiction, or by other law as applicable in any foreign jurisdiction, and (iv) obtaining waivers from landlords where
any of the tangible Collateral is located in form and substance satisfactory to Seatac. 
 3.3
Locations. Give Seatac at least thirty (30) days prior written notice of Debtor’s intention to relocate the tangible Collateral (other than Inventory in transit) or any of the records relating to the Collateral from the
locations listed on Schedule 1 attached to this Security Agreement, in which event Schedule 1 shall be deemed amended to include the new location. Any additional filings or refilings requested by Seatac as a result of any such
relocation in order to maintain the Security Interest in the Collateral shall be at Debtor’s expense. 

3.4 Insurance. Keep the Collateral consisting of tangible personal property insured against loss or damage to
the Collateral under a policy or policies covering such risks as are ordinarily insured against by similar businesses, but in any event including fire, lightning, windstorm, hail, explosion, riot, riot attending a strike, civil commotion, damage
from aircraft, smoke and uniform standard extended coverage and vandalism and malicious mischief endorsements, limited only as may be provided in the standard form of such endorsements at the time in use in the applicable state. Such insurance shall
be for amounts not less than the actual replacement cost of the Collateral. No policy of insurance shall be so written that the proceeds thereof will produce less than the minimum coverage required by the preceding sentence, by reason of
co-insurance provisions or otherwise, without the prior consent thereto in writing by Seatac. Debtor will obtain lender’s loss payable endorsements on applicable insurance policies in favor of Seatac and will provide certificates of such
insurance to Seatac. Debtor shall cause each insurer to agree, by endorsement on the policy or policies or certificates of insurance issued by it or by independent instrument furnished to Seatac that such insurer will give thirty (30) days
written notice to Seatac before such policy will be altered or canceled. No settlement of any insurance claim shall be made without Seatac’s prior consent. In the event of any insured loss, Debtor shall promptly notify Seatac thereof in
writing, and Debtor hereby authorizes and directs any insurer concerned to make payment of such loss directly to Seatac as its interest may appear. Seatac is authorized, in the name and on behalf of Debtor, to make proof of loss and to adjust,
compromise and collect, in such manner and amounts as it shall determine, all claims under all policies; and Debtor agrees to sign, on demand of Seatac, all receipts, vouchers, releases and other instruments which may be necessary or desirable in
aid of this authorization. 

  
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The proceeds of any insurance from loss, theft, or damage to the Collateral shall be held in a segregated account established by Seatac and disbursed and applied at the discretion of Seatac,
either in reduction of the Obligations or applied toward the repair, restoration or replacement of the Collateral. 
 3.5 Name; Legal Status. (a) Without providing at least 30 days prior written notice to Seatac, Debtor will not change its name, its place of business or, if more than one, chief executive
office, or its mailing address or organizational identification number if it has one, (b) if Debtor does not have an organizational identification number and later obtains one, Debtor shall forthwith notify Seatac of such organizational
identification number, and (c) Debtor will not change its type of organization or jurisdiction of organization. 

ARTICLE IV 

RIGHTS AND REMEDIES 
 4.1 Right to Cure. In case of failure by Debtor to procure or maintain insurance, or to pay any fees, assessments, charges or taxes arising with respect to the Collateral, Seatac shall have
the right, but shall not be obligated, to effect such insurance or pay such fees, assessments, charges or taxes, as the case may be, and, in that event, the cost thereof shall be payable by Debtor to Seatac immediately upon demand, together with
interest at an annual rate equal 10% from the date of disbursement by Seatac to the date of payment by Debtor. 

4.2 Rights of Parties. Upon the occurrence and during the continuance of an Event of Default, in addition to
all the rights and remedies provided in the Transaction Documents or in Article 9 of the UCC and any other applicable law, Seatac may (but is under no obligation so to do): 

(a) require Debtor to assemble the Collateral at a place designated by Seatac, which is reasonably convenient to the
parties; and 
 (b) take physical possession of Inventory and other tangible Collateral and of Debtor’s
records pertaining to all Collateral that are necessary to properly administer and control the Collateral or the handling and collection of Collateral, and sell, lease or otherwise dispose of the Collateral in whole or in part, at public or private
sale, on or off the premises of Debtor; and 
 (c) collect any and all money due or to become due and enforce in
Debtor’s name all rights with respect to the Collateral; and 
 (d) settle, adjust or compromise any
dispute with respect to any Account; and 
 (e) receive and open mail addressed to Debtor; and 

(f) on behalf of Debtor, endorse checks, notes, drafts, money orders, instruments or other evidences of payment.

 4.3 Power of Attorney. Upon the occurrence and during the continuance of an Event of Default,
Debtor does hereby constitute and appoint Seatac as Debtor’s true and lawful attorney with full power of substitution for Debtor in Debtor’s name, place and stead for the purposes of performing any obligation of Debtor under this Security
Agreement and taking any action and executing any instrument which Seatac may deem necessary or advisable to perform any obligation of Debtor under this Security Agreement, which appointment is irrevocable and coupled with an interest, and shall not
terminate until the Obligations are paid in full. 

  
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 4.4 Right to Collect Accounts. Upon the occurrence and during
the continuance of an Event of Default and without limiting Debtor’s obligations under the Transaction Documents: (a) Debtor authorizes Seatac to notify any and all debtors on the Accounts to make payment directly to Seatac (or to such
place as Seatac may direct); (b) Debtor agrees, on written notice from Seatac, to deliver to Seatac promptly upon receipt thereof, in the form in which received (together with all necessary endorsements), all payments received by Debtor on
account of any Account; and (c) Seatac may, at its option, apply all such payments against the Obligations or remit all or part of such payments to Debtor. 

4.5 Reasonable Notice. Written notice, when required by law, sent in accordance with the provisions of
Section 12.6 of the Note Purchase Agreement and given at least ten (10) calendar days (counting the day of sending) before the date of a proposed disposition of the Collateral shall be reasonable notice. 

4.6 Limitation on Duties Regarding Collateral. The sole duty of Seatac with respect to the custody,
safekeeping and physical preservation of the Collateral in its possession, under Section 9-207 of the UCC or otherwise, shall be to deal with it in the same manner as Seatac deals with similar property for its own account. Neither Seatac nor
any of its directors, officers, employees or agents, shall be liable for failure to demand, collect or realize upon any of the Collateral or for any delay in doing so or shall be under any obligation to sell or otherwise dispose of any Collateral
upon the request of Debtor or otherwise. 
 4.7 Lock Box; Collateral Account. This Section 4.7 shall
be effective only upon the occurrence and during the continuance of an Event of Default. If Seatac so requests in writing, Debtor will direct each of its debtors on the Accounts to make payments due under the relevant Account or chattel paper
directly to a special lock box to be under the control of Seatac. Debtor hereby authorizes and directs Seatac to deposit into a special collateral account to be established and maintained by Seatac all checks, drafts and cash payments received in
said lock box. All deposits in said collateral account shall constitute proceeds of Collateral and shall not constitute payment of any Obligation until so applied. At its option, Seatac may, at any time, apply finally collected funds on deposit in
said collateral account to the payment of the Obligations, in the order of application selected in the sole discretion of Seatac, or permit Debtor to withdraw all or any part of the balance on deposit in said collateral account. If a collateral
account is so established, Debtor agrees that it will promptly deliver to Seatac, for deposit into said collateral account, all payments on Accounts and chattel paper received by it. All such payments shall be delivered to Seatac in the form
received (except for Debtor’s endorsement where necessary). Until so deposited, all payments on Accounts and chattel paper received by Debtor shall be held in trust by Debtor for and as the property of Seatac and shall not be commingled with
any funds or property of Debtor. 
 4.8 Application of Proceeds. Seatac shall apply the proceeds
resulting from any sale or disposition of the Collateral in the following order: 
 (a) to the costs of any sale
or other disposition; 
 (b) to the expenses incurred by Seatac in connection with any sale or other
disposition, including attorneys’ fees; 
 (c) to the payment of the Obligations then due and owing in any
order selected by Seatac; and 
 (d) to Debtor. 

  
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 4.9 Other Remedies. No remedy herein conferred upon Seatac is
intended to be exclusive of any other remedy and each and every such remedy shall be cumulative and shall be in addition to every other remedy given under this Security Agreement and the Transaction Documents now or hereafter existing at law or in
equity or by statute or otherwise. No failure or delay on the part of Seatac in exercising any right or remedy hereunder shall operate as a waiver thereof nor shall any single or partial exercise of any right hereunder preclude other or further
exercise thereof or the exercise of any other right or remedy. 
 ARTICLE V 

MISCELLANEOUS 
 5.1 Expenses and Attorneys’ Fees. Debtor shall pay all fees and expenses incurred by Seatac, including the fees of counsel including in-house counsel, in connection with the preparation,
administration and amendment of this Security Agreement and the protection, administration and enforcement of the rights of Seatac under this Security Agreement or with respect to the Collateral, including without limitation the protection and
enforcement of such rights in any bankruptcy. 
 5.2 Setoff. Debtor agrees that Seatac shall have
all rights of setoff and bankers’ lien provided by applicable law. 
 5.3 Assignability;
Successors. Debtor’s rights and liabilities under this Security Agreement are not assignable or delegable, in whole or in part, without the prior written consent of Seatac. The provisions of this Security Agreement shall inure to the
benefit of and be binding upon the successors and assigns of the parties. 
 5.4 Survival. All
agreements, representations and warranties made in this Security Agreement or in any document delivered pursuant to this Security Agreement shall survive the execution and delivery of this Security Agreement, and the delivery of any such document.

 5.5 Governing Law. This Security Agreement shall be governed by, and construed and interpreted in
accordance with, the laws of the State of California applicable to contracts made and wholly performed within such state. 
 5.6 Counterparts; Headings. This Security Agreement may be executed in several counterparts, each of which shall be deemed original, but such counterparts shall together constitute but one and
the same agreement. The article and section headings in this Security Agreement are inserted for convenience of reference only and shall not constitute a part hereof. 

5.7 Notices. All communications or notices required or permitted by this Security Agreement shall be given to
Debtor (to be delivered care of Borrower) in accordance with Section 12.6 of the Note Purchase Agreement. 

5.8 Amendment. No amendment of this Security Agreement shall be effective unless in writing and signed by
Debtor and Seatac. 
 5.9 Severability. Any provision of this Security Agreement which is prohibited
or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions of this Security Agreement in such jurisdiction or affecting the
validity or enforceability of any provision in any other jurisdiction. 

  
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 5.10 WAIVER OF RIGHT TO JURY TRIAL. SEATAC AND DEBTOR
ACKNOWLEDGE AND AGREE THAT ANY CONTROVERSY WHICH MAY ARISE UNDER THIS SECURITY AGREEMENT WOULD BE BASED UPON DIFFICULT AND COMPLEX ISSUES AND, THEREFORE, THE PARTIES AGREE THAT ANY LAWSUIT ARISING OUT OF ANY SUCH CONTROVERSY SHALL BE TRIED IN A
COURT OF COMPETENT JURISDICTION BY A JUDGE SITTING WITHOUT A JURY. 
 5.11 Submission to Jurisdiction;
Service of Process. As a material inducement to Seatac to make the Loan: 
 (a) DEBTOR AGREES THAT ALL
ACTIONS OR PROCEEDINGS IN ANY MANNER RELATING TO OR ARISING OUT OF THIS SECURITY AGREEMENT MAY BE BROUGHT ONLY IN COURTS OF THE STATE OF CALIFORNIA AND DEBTOR CONSENTS TO THE JURISDICTION OF SUCH COURTS. DEBTOR WAIVES ANY OBJECTION IT MAY NOW OR
HEREAFTER HAVE TO THE VENUE OF ANY SUCH COURT AND ANY RIGHT IT MAY HAVE NOW OR HEREAFTER HAVE TO CLAIM THAT ANY SUCH ACTION OR PROCEEDING IS IN AN INCONVENIENT COURT; AND 

(b) Debtor consents to the service of process in any such action or proceeding by certified mail sent to Debtor (to be
delivered care of Borrower) at the address specified in Section 12.6 of the Note Purchase Agreement. 
 (Signature page
follows) 

  
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 IN WITNESS WHEREOF, this Guarantor Security Agreement has been
executed as of the day and year first above written. 
  

			
	Spectrum Health Network, Inc.
		
	By:	 	/s/ Jill Rollo
		 	Jill Rollo, President

  

			
	SEATAC DIGITAL RESOURCES, INC.
		
	By:	 	/s/ Robin Tjon
		 	Robin Tjon, President

  
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 SCHEDULE 1 TO SECURITY AGREEMENT 

Locations of Collateral 

Organizational ID: 27-1182156 

Address of Debtor’s records of Collateral and chief executive office: 

100 North First Street, Suite 104 
 Burbank, CA 91502 
 Collateral Locations: 

100 North First Street, Suite 104 
 Burbank, CA 91502 
 And as indicated on the list of installed
office locations kept at the corporate office. 

  
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 SCHEDULE 2 TO SECURITY AGREEMENT 

Intellectual Property 

Patents—None 

Trademarks—None 

Copyrights—None 

Other—All intellectual properties owned by the Company’s Subsidiary which may have not been registered at the
time of this Security Agreement, including all currently owned and/or to be acquired programming segments and any and all items currently owned and/or to be acquired in the Company’s Subsidiary video library. 

  
 11Guaranty Agreement

 Exhibit 10.06 
 GUARANTY AGREEMENT 
 THIS GUARANTY is made as of
December 16, 2010 by Spectrum Health Network, Inc., a Delaware corporation, (“Guarantor”), in favor of SEATAC DIGITAL RESOURCES, INC., a Delaware corporation (“Seatac”). 

RECITALS 
 A. Guarantor is a wholly-owned subsidiary of AMHN, INC., a Nevada corporation (the “Borrower”). 
 B. Pursuant to a Note Purchase Agreement of even date herewith by and between Seatac and Borrower (as amended or modified from time to time, the “Note Purchase Agreement”) and a Secured
Promissory Note due on demand issued by Borrower to Seatac (as amended or modified from time to time, the “Note”), Seatac has made a $487,532 loan (the “Loan”) to Borrower. Guarantor, Borrower and any other
guarantor of the Loan are the intended beneficiaries of the Loan and, as such, the Loan will directly and significantly benefit Guarantor. 
 C. It is a condition precedent to Seatac making the Loan that Guarantor execute and deliver to Seatac a guaranty in the form hereof. This is the Guaranty Agreement referred to in the Note Purchase
Agreement. 
 AGREEMENTS 
 In consideration of the recitals and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Guarantor hereby agrees with Seatac as follows: 

ARTICLE I 

DEFINITIONS 
 When used in this Guaranty, capitalized terms shall have the meanings specified in the Note Purchase Agreement, the preamble, the recitals and as follows: 

Borrower. “Borrower” shall mean AMHN, Inc., a Nevada corporation. 

Event of Default. “Event of Default” shall have the meaning specified in the Note Purchase Agreement.

 Guaranty. “Guaranty” shall mean this Guaranty, as the same shall be amended from time to
time in accordance with the terms hereof. 
 Law. “Law” shall mean any federal, state, local or
other law, rule, regulation or governmental requirement of any kind, and the rules, regulations, interpretations and orders promulgated thereunder. 
 Obligations. “Obligations” shall mean (a) the principal of, and interest on, the Note, and any renewal, extension or refinancing thereof; (b) all debts, liabilities,
obligations, covenants and agreements of Borrower contained in the Transaction Documents; and (c) any and all other debts, liabilities and obligations of Borrower to Seatac. 

 Person. “Person” shall mean and include an individual,
partnership, corporation, trust, unincorporated association and any unit, department or agency of government. 
 ARTICLE II

 THE GUARANTY 
 2.1 The Guaranty. Guarantor, for itself, its successors and assigns, hereby unconditionally and absolutely guarantees to Seatac the full and complete payment and performance when due (whether at
stated maturity, by acceleration or otherwise) of each of the Obligations. This is a guaranty of payment and performance and not of collection. 
 2.2 Waivers and Consents. 
 (a) Guarantor acknowledges that
the obligations undertaken herein involve the guaranty of obligations of a Person other than Guarantor and, in full recognition of that fact, Guarantor consents and agrees that Seatac may, at any time and from time to time, without notice or demand,
and without affecting the enforceability or continuing effectiveness hereof: (i) supplement, modify, amend, extend, renew, accelerate or otherwise change the time for payment or the other terms of the Obligations or any part thereof, including
without limitation any increase or decrease of the principal amount thereof or the rate(s) of interest thereon; (ii) supplement, modify, amend or waive, or enter into or give any agreement, approval or consent with respect to, the Obligations
or any part thereof, or any of the Transaction Documents or any additional security or guaranties, or any condition, covenant, default, remedy, right, representation or term thereof or thereunder; (iii) accept new or additional instruments,
documents or agreements in exchange for or relative to any of the Transaction Documents or the Obligations or any part thereof; (iv) accept partial payments on the Obligations; (v) receive and hold additional security or guaranties for the
Obligations or any part thereof; (vi) release, reconvey, terminate, waive, abandon, fail to perfect, subordinate, exchange, substitute, transfer and/or enforce any security or guaranties, and apply any security and direct the order or manner of
sale thereof as Seatac in its sole and absolute discretion may determine; (vii) release any Person from any personal liability with respect to the Obligations or any part thereof; (viii) settle, release on terms satisfactory to Seatac or
by operation of applicable Law or otherwise, liquidate or enforce any Obligations and any security or guaranty in any manner, consent to the transfer of any security and bid and purchase at any sale; and/or (ix) consent to the merger, change or
any other restructuring or termination of the corporate existence of Borrower or any other Person, and correspondingly restructure the Obligations, and any such merger, change, restructuring or termination shall not affect the liability of Guarantor
or the continuing effectiveness hereof, or the enforceability hereof with respect to all or any part of the Obligations. 
 (b) Upon the occurrence and during the continuance of any Event of Default, Seatac may enforce this Guaranty independently of any other remedy, guaranty or security Seatac at any time may have or hold in
connection with the Obligations, and it shall not be necessary for Seatac to marshal assets in favor of Borrower, any other guarantor of the Obligations or any other Person or to proceed upon or against and/or exhaust any security or remedy before
proceeding to enforce this Guaranty. Guarantor expressly waives any right to require Seatac to marshal assets in favor of Borrower or any other Person or to proceed against Borrower or any other guarantor of the Obligations or any collateral
provided by any Person, and agrees that Seatac may proceed against any obligor and/or the collateral in such order as it shall determine in its sole and absolute discretion. Seatac may file a separate action or actions against Guarantor, whether
action is brought or prosecuted with respect to any security or against any other Person, or whether any other Person is joined in any such action or actions. Guarantor agrees that Seatac and Borrower may deal with each other in connection with the
Obligations or otherwise, or alter any contracts or agreements now or hereafter existing between them, in any manner whatsoever, all without in any way altering or affecting the security of this Guaranty. 

  
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 (c) The rights of Seatac hereunder shall be reinstated and revived, and the
enforceability of this Guaranty shall continue, with respect to any amount at any time paid on account of the Obligations which thereafter shall be required to be restored or returned by Seatac upon the bankruptcy, insolvency or reorganization of
any Person, all as though such amount had not been paid. The rights of Seatac created or granted herein and the enforceability of this Guaranty shall remain effective at all times to guarantee the full amount of all the Obligations even though the
Obligations, including any part thereof or any other security or guaranty therefor, may be or hereafter may become invalid or otherwise unenforceable as against Borrower or any other guarantor of the Obligations and whether or not Borrower or any
other guarantor of the Obligations shall have any personal liability with respect thereto. 
 (d) To the extent
permitted by applicable law, Guarantor expressly waives any and all defenses now or hereafter arising or asserted by reason of: (i) any disability or other defense of Borrower or any other guarantor for the Obligations with respect to the
Obligations (other than full payment and performance of all of the Obligations); (ii) the unenforceability or invalidity of any security for or guaranty of the Obligations or the lack of perfection or continuing perfection or failure of
priority of any security for the Obligations; (iii) the cessation for any cause whatsoever of the liability of Borrower or any other guarantor of the Obligations (other than by reason of the full payment and performance of all Obligations);
(iv) any failure of Seatac to marshal assets in favor of Borrower or any other Person; (v) any failure of Seatac to give notice of sale or other disposition of collateral to Borrower or any other Person or any defect in any notice that may
be given in connection with any sale or disposition of collateral; (vi) any failure of Seatac to comply with applicable Laws in connection with the sale or other disposition of any collateral or other security for any Obligation, including,
without limitation, any failure of Seatac to conduct a commercially reasonable sale or other disposition of any collateral or other security for any Obligation; (vii) any act or omission of Seatac or others that directly or indirectly results
in or aids the discharge or release of Borrower or any other guarantor of the Obligations, or of any security or guaranty therefor by operation of Law or otherwise; (viii) any Law which provides that the obligation of a surety or guarantor must
neither be larger in amount nor in other respects more burdensome than that of the principal or which reduces a surety’s or guarantor’s obligation in proportion to the principal obligation; (ix) any failure of Seatac to file or
enforce a claim in any bankruptcy or other proceeding with respect to any Person; (x) the election by Seatac, in any bankruptcy proceeding of any Person, of the application or non-application of Section 1111(b)(2) of the United States
Bankruptcy Code; (xi) any extension of credit or the grant of any lien under Section 364 of the United States Bankruptcy Code; (xii) any use of collateral under Section 363 of the United States Bankruptcy Code; (xiii) any
agreement or stipulation with respect to the provision of adequate protection in any bankruptcy proceeding of any Person; (xiv) the avoidance of any lien or security interest in favor of Seatac for any reason; (xv) any bankruptcy,
insolvency, reorganization, arrangement, readjustment of debt, liquidation or dissolution proceeding commenced by or against any Person, including without limitation any discharge of, or bar or stay against collecting, all or any of the Obligations
(or any interest thereon) in or as a result of any such proceeding; or (xvi) any action taken by Seatac that is authorized by this Section or any other provision of any Loan Document. Until all of the Obligations have been paid in full,
Guarantor expressly waives all presentments, demands for payment or performance, notices of nonpayment or nonperformance, protests, notices of protest, notices of dishonor and all other notices or demands of any kind or nature whatsoever with
respect to the Obligations, and all notices of acceptance of this Guaranty or of the existence, creation or incurrence of new or additional Obligations. 
 2.3 Condition of Borrower. Guarantor represents and warrants to Seatac that it has established adequate means of obtaining from Borrower, on a continuing basis, financial and other information
pertaining to the business, operations and condition (financial and otherwise) of Borrower and its assets and properties. Guarantor hereby expressly waives and relinquishes any duty on the part of Seatac (should any such duty exist) to disclose to
Guarantor any matter, fact or thing related to the 

  
 3 

 
business, operations or condition (financial or otherwise) of Borrower or its assets or properties, whether now known or hereafter known by Seatac during the life of this Guaranty. With respect
to any of the Obligations, Seatac need not inquire into the powers of Borrower or agents acting or purporting to act on its behalf, and all Obligations made or created in good faith reliance upon the professed exercise of such powers shall be
guaranteed hereby. 
 2.4 Continuing Guaranty. This is a continuing guaranty and shall remain in
full force and effect as to all of the Obligations until all amounts owing by Borrower to Seatac on the Obligations shall have been paid in full. 
 2.5 Subrogation; Subordination. Guarantor expressly waives any claim for reimbursement, contribution, indemnity or subrogation which Guarantor may have against Borrower as a guarantor of the
Obligations and any other legal or equitable claim against Borrower arising out of the payment of the Obligations by Guarantor or from the proceeds of any collateral for this Guaranty, until all amounts owing to Seatac under the Obligations shall
have been paid in full and all commitments to lend have been terminated or expired. In furtherance, and not in limitation, of the foregoing waiver, until all amounts owing to Seatac under the Obligations shall have been paid in full, Guarantor
hereby agrees that no payment by Guarantor pursuant to this Guaranty shall constitute Guarantor a creditor of Borrower. Until all amounts owing to Seatac under the Obligations shall have been paid in full, Guarantor shall not seek any reimbursement
from Borrower in respect of payments made by Guarantor in connection with this Guaranty, or in respect of amounts realized by Seatac in connection with any collateral for the Obligations, and Guarantor expressly waives any right to enforce any
remedy that Seatac now has or hereafter may have against any other Person and waives the benefit of, or any right to participate in, any collateral now or hereafter held by Seatac. No claim which any Guarantor may have against any other guarantor of
any of the Obligations or against Borrower, to the extent not waived pursuant to this Section, shall be enforced nor any payment accepted until the Obligations are paid in full and all such payments are not subject to any right of recovery.

 ARTICLE III 
 REPRESENTATIONS AND WARRANTIES OF GUARANTOR 
 Guarantor
hereby represents and warrants to Seatac as follows: 
 3.1 Authorization. Guarantor is a corporation
duly and validly organized and existing under the laws of the State of Delaware, has the corporate power to own its owned assets and properties and to carry on its business, and is duly licensed or qualified to do business in all jurisdictions in
which failure to do so would have a material adverse effect on its business or financial condition. The making, execution, delivery and performance of this Guaranty, and compliance with its terms, have been duly authorized by all necessary corporate
action of Guarantor. 
 3.2 Enforceability. This Guaranty is the legal, valid and binding obligation of
Guarantor, enforceable against Guarantor in accordance with its terms. 
 3.3 Absence of Conflicting
Obligations. The making, execution, delivery and performance of this Guaranty, and compliance with its terms, do not violate any existing provision of Law; the articles of incorporation or bylaws of Guarantor; or any agreement or instrument to
which Guarantor is a party or by which it or any of its assets is bound. 
 3.4 Consideration for
Guaranty. Guarantor acknowledges and agrees with Seatac that but for the execution and delivery of this Guaranty by Guarantor, Seatac would not have made the Loan. 

  
 4 

 
Guarantor acknowledges and agrees that the Loan Agreement will result in significant benefit to Guarantor who is the wholly owned subsidiary of Borrower and the intended beneficiary of the Loan.

 ARTICLE IV 
 COVENANTS OF THE GUARANTOR 
 4.1 Actions by
Guarantor. Guarantor shall not take or permit any act, or omit to take any act that would: (a) cause Borrower to breach any of the Obligations; (b) impair the ability of Borrower to perform any of the Obligations; or (c) cause an
Event of Default under the Note Purchase Agreement. 
 4.2 Reporting Requirements. Guarantor shall
furnish, or cause to be furnished, to Seatac such information respecting the business, assets and financial condition of Guarantor as Seatac may reasonably request. 
 ARTICLE V 
 MISCELLANEOUS 

5.1 Expenses and Attorneys’ Fees. Guarantor shall pay all reasonable fees and expenses incurred by Seatac,
including the reasonable fees of counsel, in connection with the protection or enforcement of its rights under this Guaranty, including without limitation the protection and enforcement of such rights in any bankruptcy, reorganization or insolvency
proceeding involving Borrower or Guarantor, both before and after judgment. 
 5.2 Revocation. This is a
continuing guaranty and shall remain in full force and effect until Seatac receives written notice of revocation signed by Guarantor. Upon revocation by written notice, this Guaranty shall continue in full force and effect as to all Obligations
contracted for or incurred before revocation, and as to them Seatac shall have the rights provided by this Guaranty as if no revocation had occurred. Any renewal, extension, or increase in the interest rate(s) of any such Obligation, whether made
before or after revocation, shall constitute an Obligation contracted for or incurred before revocation. Obligations contracted for or incurred before revocation shall also include credit extended after revocation pursuant to commitments made before
revocation. 
 5.3 Assignability; Successors. Guarantor’s rights and liabilities under this Guaranty
are not assignable or delegable, in whole or in part, without the prior written consent of Seatac. The provisions of this Guaranty shall be binding upon Guarantor, its successors and permitted assigns and shall inure to the benefit of Seatac, its
successors and assigns. 
 5.4 Survival. All agreements, representations and warranties made herein or in
any document delivered pursuant to this Guaranty shall survive the execution and delivery of this Guaranty and the delivery of any such document. 
 5.5 Governing Law. This Guaranty and the documents issued pursuant to this Guaranty shall be governed by, and construed and interpreted in accordance with, the Laws of the State of California
applicable to contracts made and wholly performed within such state. 
 5.6 Counterparts; Headings. This
Guaranty may be executed in several counterparts, each of which shall be deemed original, but such counterparts shall together constitute but one and the same agreement. The article and section headings in this Guaranty are inserted for convenience
of reference only and shall not constitute a part of this Guaranty. 

  
 5 

 5.7 Notices. All notices, requests and demands to or upon Seatac or
Guarantor (to be delivered care of Borrower) shall be delivered in the manner set forth in Section 12.6 of the Note Purchase Agreement. 
 5.8 Amendment. No amendment of this Guaranty shall be effective unless in writing and signed by Guarantor and Seatac. 

5.9 Severability. Any provision of this Guaranty which is prohibited or unenforceable in any jurisdiction shall,
as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions of this Guaranty in such jurisdiction or affecting the validity or enforceability of any provision in any
other jurisdiction. 
 5.10 Taxes. If any transfer or documentary taxes, assessments or charges levied by
any governmental authority shall be payable by reason of the execution, delivery or recording of this Guaranty, Guarantor shall pay all such taxes, assessments and charges, including interest and penalties, and hereby indemnifies Seatac against any
liability therefor. 
 5.11 WAIVER OF RIGHT TO JURY TRIAL. GUARANTOR ACKNOWLEDGES AND AGREES THAT
ANY CONTROVERSY WHICH MAY ARISE UNDER THIS GUARANTY WOULD BE BASED UPON DIFFICULT AND COMPLEX ISSUES AND, THEREFORE, GUARANTOR AGREES THAT ANY LAWSUIT ARISING OUT OF ANY SUCH CONTROVERSY SHALL BE TRIED IN A COURT OF COMPETENT JURISDICTION BY A JUDGE
SITTING WITHOUT A JURY. 
 5.12 SUBMISSION TO JURISDICTION; SERVICE OF PROCESS. AS A MATERIAL
INDUCEMENT TO SEATAC TO ENTER INTO THIS TRANSACTION: 
 (a) THE GUARANTOR AGREES THAT ALL ACTIONS OR PROCEEDINGS
IN ANY MANNER RELATING TO OR ARISING OUT OF THIS GUARANTY OR THE OTHER DOCUMENTS EXECUTED IN CONNECTION HEREWITH MAY BE BROUGHT ONLY IN COURTS OF THE STATE OF CALIFORNIA LOCATED IN LOS ANGELES COUNTY AND THE GUARANTOR CONSENTS TO THE JURISDICTION OF
SUCH COURTS. THE GUARANTOR WAIVES ANY OBJECTION IT MAY NOW OR HEREAFTER HAVE TO THE VENUE OF ANY SUCH COURT AND ANY RIGHT IT MAY HAVE NOW OR HEREAFTER HAVE TO CLAIM THAT ANY SUCH ACTION OR PROCEEDING IS IN AN INCONVENIENT COURT; AND 

(b) Guarantor consents to the service of process in any such action or proceeding by certified mail sent to the address
specified in Section 5.7. 
 Nothing contained herein shall affect the right of Seatac to serve process in
any other manner permitted by law or to commence an action or proceeding in any other jurisdiction. 
 (Signature page follows.)

  
 6 

 IN WITNESS WHEREOF the undersigned has executed this Guaranty as of the day
and year first above written. 
  

			
	Spectrum Health Network, Inc.
		
	By:	 	/s/ Jill Rollo
		 	Jill Rollo
		 	President

  
 Signature Page
to Guaranty 

 ACCEPTANCE BY SEATAC 

This Guaranty Agreement is accepted by Seatac Digital Resources, Inc. 

 

			
	SEATAC DIGITAL RESOURCES, INC.
		
	By:	 	/s/ Robin Tjon
		 	Robin Tjon
		 	President

  
 Acceptance
Page to Guaranty

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