Document:

Guaranty Agreement

 Exhibit 10-4 
 GUARANTY AGREEMENT 
 As an inducement to Branch Banking and Trust Company
(“Bank”) to extend credit to and to otherwise deal with Southeast Power Corporation (“Borrower”), and in consideration thereof, the undersigned (and each of the undersigned jointly and severally if more than one) hereby
absolutely and unconditionally guarantees to Bank and its successors and assigns the due and punctual payment of any and all notes, drafts, debts, obligations and liabilities, primary or secondary (whether by way of endorsement or otherwise), of
Borrower, at any time, now or hereafter, incurred with or held by Bank, together with interest, as and when the same become due and payable, whether by acceleration or otherwise, in accordance with the terms of any such notes, drafts, debts,
obligations or liabilities or agreements evidencing any such indebtedness, obligation or liability including all renewals, extensions and modifications thereof. The obligation of the undersigned is a guarantee of payment and not of collection.

 The undersigned is Bank’s debtor for all indebtedness, obligations and liabilities for which this Guaranty is made, and Bank shall also
at all times have a lien on and security interest in all stocks, bonds and other securities of the undersigned at any time in Bank’s possession and the same shall at Bank’s option be held, administered and disposed of as collateral to any
such indebtedness, obligation or liability of the Borrower, and Bank shall also at all times have the right of set-off against any deposit account of the undersigned with Bank in the same manner and to the same extent that the right of set-off may
exist against the Borrower. 
 It is understood that any such notes, drafts, debts, obligations and liabilities may be accepted or created by or
with Bank at any time and from time to time without notice to the undersigned, and the undersigned hereby expressly waives presentment, demand, protest, and notice of dishonor of any such notes, drafts, debts, obligations and liabilities or other
evidences of any such indebtedness, obligation or liability. 
 Bank may receive and accept from time to time any securities or other property
as collateral for any such notes, drafts, debts, obligations and liabilities, and may surrender, compromise, exchange and release absolutely the same or any part thereof at any time without notice to the undersigned and without in any manner
affecting the obligation and liability of the undersigned hereby created. The undersigned agrees that Bank shall have no obligation to protect, perfect, secure or insure any security interests, liens or encumbrances now or hereafter held for the
indebtedness, obligations and liabilities for which this Guaranty is made. 
 This obligation and liability on the part of the undersigned shall
be a primary, and not a secondary, obligation and liability, payable immediately upon demand without recourse first having been had by Bank against the Borrower or any other guarantor, person, firm or corporation, and without first resorting to any
property held by Bank as collateral security. The undersigned hereby agrees to indemnify the Bank for all costs of collection, including but not limited to the costs of repossession, foreclosure, reasonable attorneys’ fees, and court costs
incurred by the Bank in the event that the Bank should first be required by the undersigned to resort to any property held by the Bank or in which the Bank has a security interest or to obtain execution or other satisfaction of a judgment against
the Borrower on account of Borrower’s obligation and liability for its indebtedness guaranteed hereby; and the undersigned further agrees that the undersigned is responsible for any obligation or debt, or portion thereof, of the Borrower to the
Bank which has been paid by the Borrower to the Bank and which the Bank is subsequently required to return to the Borrower or a trustee for the Borrower in any bankruptcy or insolvency proceeding; and the undersigned further agrees that none of the
undersigned shall have any right of subrogation, reimbursement or indemnity whatsoever, nor any right of recourse to security for the debts and obligations of the Borrower to Bank unless and until all of the debts and obligations of the Borrower to
Bank have been paid in full. The undersigned hereby waives, to the extent avoidable under any provision of the Bankruptcy Code, any right arising upon payment by the undersigned of any obligation under this Guaranty to assert a claim against the
bankruptcy estate of the Borrower. 
  

			
	1457VA (0003)	 	Page 1 of 3

 Check applicable box: 
  

	x	This Guaranty is unlimited and applies to all indebtedness of Borrower, whether now existing or hereafter arising. 

  

	 ̈	This Guaranty applies to all indebtedness of Borrower evidenced by its promissory note/line number
             dated                          (including
all extensions, renewals, and modifications thereof) in the principal amount of $            . 

  

	 ̈	This Guaranty is limited to an amount of $             plus accrued interest, late fees, costs of
collection (including attorneys fees) and all other obligations and indebtedness which may accrue or be incurred with respect to the Borrower’s indebtedness and obligations to Bank. 

 To secure the payment of all obligations of the undersigned hereunder, the undersigned hereby grants a security interest and lien in the
following goods and property owned by the undersigned: 
  
  
  
  
                                        
                                         
                                         
                                         
                       (“Collateral”). 
 The undersigned hereby agrees to execute and deliver to Bank any security agreement, deed of trust, mortgage, UCC financing statement, or other document required by the Bank in order to protect its
security interest or lien in the Collateral. This document shall constitute a security agreement under the Uniform Commercial Code of Florida (“Code”), and in addition to having all other legal rights and remedies, the Bank shall have all
rights and remedies of a secured party under the Code. 
 This agreement shall inure to the benefit of Bank, its successors and assigns, and the
owners and holders of any of the indebtedness, obligations and liabilities hereby guaranteed, and shall remain in force until a written notice revoking it has been received by Bank; but such revocation shall not release the undersigned from
liability to Bank, its successors and assigns, or the owners and holders of any of the indebtedness, obligations and liabilities hereby guaranteed, for any indebtedness, obligation or liability of the Borrower which is hereby guaranteed and then in
existence or from any renewals, extensions or modifications thereof in whole or in part, whether such renewals, extensions or modifications are made before or after such revocation, with or without notice to the undersigned. The undersigned waives
presentment, demand, protest and notices of every kind and assents to any one or more extensions, modifications, renewals or postponements of the time or amount of payment or any other indulgences given to Borrower. The undersigned shall be
responsible for and shall reimburse the Bank for all costs and expenses (including reasonable attorneys’ fees) incurred by the Bank in connection with the enforcement of this Guaranty or the protection or preservation of any right or claim of
the Bank in connection herewith, including without limitation costs and expenses incurred by the Bank in connection with its attempts to collect the indebtedness, obligations, and liabilities guaranteed hereby. 
 If the Borrower is a corporation, this instrument covers all indebtedness, obligations and liabilities to Bank purporting to be made or undertaken on behalf
of such corporation by any such officer or agent of said corporation without regard to the actual authority of such officer or agent. The term “corporation” shall include associations of all kinds and all purported corporations, whether
correctly and legally chartered and organized. 
 The undersigned covenants, warrants, and represents to the Bank that: (i) this Guaranty
is enforceable against the undersigned in accordance with its terms; (ii) the execution and delivery of this Guaranty does not violate or constitute a breach of any agreement to which the undersigned is a party; (iii) that there is no
litigation, claim, action or proceeding pending or, to the best knowledge of the undersigned, threatened against the undersigned which would materially adversely affect the financial condition of the undersigned or his ability to fulfill his
obligations hereunder; (iv) that the undersigned has knowledge of the Borrower’s financial condition and affairs; and (v) unless otherwise required in a Loan Agreement, if applicable, as long as any Obligations remain outstanding or
as long as Bank remains obligated to make advances, the undersigned shall furnish annually an updated financial statement in a form satisfactory to Bank, which, when delivered shall be the property of Bank. 
 This Guaranty is made in and shall be construed in accordance with the laws and judicial decisions of the State of Florida. The undersigned agree that any
dispute arising out of this Guaranty shall be adjudicated in either the state or federal courts of Florida and in no other forum. For that purpose, the undersigned hereby submits to the jurisdiction of the state and/or federal courts of Florida. The
undersigned waives any defense that venue is not proper for any action brought in any federal or state court in the State of Florida. 
  

			
	ACCOUNT #/NOTE #	 	Initials:   /s/ SRW  

  

			
	1457MD (0408)	 	Page 2 of 3

 WAIVER OF TRIAL BY JURY. UNLESS EXPRESSLY PROHIBITED BY APPLICABLE LAW, THE UNDERSIGNED HEREBY
WAIVE THE RIGHT TO TRIAL BY JURY OF ANY MATTERS OR CLAIMS ARISING OUT OF THIS GUARANTY OR ANY LOAN DOCUMENT EXECUTED IN CONNECTION HEREWITH OR OUT OF THE CONDUCT OF THE RELATIONSHIP BETWEEN THE UNDERSIGNED AND BANK. THIS PROVISION IS A MATERIAL
INDUCEMENT FOR BANK TO MAKE THE LOAN EVIDENCED BY THE NOTE EXECUTED IN CONNECTION HEREWITH. FURTHER, THE UNDERSIGNED HEREBY CERTIFY THAT NO REPRESENTATIVE OR AGENT OF BANK, NOR BANK’S COUNSEL, HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT BANK
WOULD NOT SEEK TO ENFORCE THIS WAIVER OF RIGHT TO JURY TRIAL PROVISION IN THE EVENT OF LITIGATION. NO REPRESENTATIVE OR AGENT OF BANK, NOR BANK’S COUNSEL, HAS THE AUTHORITY TO WAIVE, CONDITION OR MODIFY THIS PROVISION. 
 Witness the signature and seal of each of the undersigned. 
  

			
	GUARANTOR:
	
	The Goldfield Corporation
		
	By:	 	 /s/ Stephen R Wherry

		 	Stephen R. Wherry, Its Senior Vice-President
	
	STATE OF FLORIDA
	COUNTY OF BREVARD

 The foregoing instrument was acknowledged before me this 29th day of December, 2009, by Stephen R. Wherry as Senior Vice-President
for The Goldfield Corporation. 
  

	
	 /s/ Debra J Pavlakos

	Signature of Notary Public
	Name of Notary Public

 Personally Known
                     OR Produced Identification   X     
 Type of Identification Produced Florida Driver License 
 NOTARY STAMP 
  

			
	ACCOUNT #/NOTE #	 	Initials:   /s/ SRW  

  

			
	1457MD (0408)	 	Page 3 of 3Guaranty Agreement

 Exhibit 10-5 
 GUARANTY AGREEMENT 
 As an inducement to Branch Banking and Trust Company
(“Bank”) to extend credit to and to otherwise deal with Southeast Power Corporation (“Borrower”), and in consideration thereof, the undersigned (and each of the undersigned jointly and severally if more than one) hereby
absolutely and unconditionally guarantees to Bank and its successors and assigns the due and punctual payment of any and all notes, drafts, debts, obligations and liabilities, primary or secondary (whether by way of endorsement or otherwise), of
Borrower, at any time, now or hereafter, incurred with or held by Bank, together with interest, as and when the same become due and payable, whether by acceleration or otherwise, in accordance with the terms of any such notes, drafts, debts,
obligations or liabilities or agreements evidencing any such indebtedness, obligation or liability including all renewals, extensions and modifications thereof. The obligation of the undersigned is a guarantee of payment and not of collection.

 The undersigned is Bank’s debtor for all indebtedness, obligations and liabilities for which this Guaranty is made, and Bank shall also
at all times have a lien on and security interest in all stocks, bonds and other securities of the undersigned at any time in Bank’s possession and the same shall at Bank’s option be held, administered and disposed of as collateral to any
such indebtedness, obligation or liability of the Borrower, and Bank shall also at all times have the right of set-off against any deposit account of the undersigned with Bank in the same manner and to the same extent that the right of set-off may
exist against the Borrower. 
 It is understood that any such notes, drafts, debts, obligations and liabilities may be accepted or created by or
with Bank at any time and from time to time without notice to the undersigned, and the undersigned hereby expressly waives presentment, demand, protest, and notice of dishonor of any such notes, drafts, debts, obligations and liabilities or other
evidences of any such indebtedness, obligation or liability. 
 Bank may receive and accept from time to time any securities or other property
as collateral for any such notes, drafts, debts, obligations and liabilities, and may surrender, compromise, exchange and release absolutely the same or any part thereof at any time without notice to the undersigned and without in any manner
affecting the obligation and liability of the undersigned hereby created. The undersigned agrees that Bank shall have no obligation to protect, perfect, secure or insure any security interests, liens or encumbrances now or hereafter held for the
indebtedness, obligations and liabilities for which this Guaranty is made. 
 This obligation and liability on the part of the undersigned shall
be a primary, and not a secondary, obligation and liability, payable immediately upon demand without recourse first having been had by Bank against the Borrower or any other guarantor, person, firm or corporation, and without first resorting to any
property held by Bank as collateral security. The undersigned hereby agrees to indemnify the Bank for all costs of collection, including but not limited to the costs of repossession, foreclosure, reasonable attorneys’ fees, and court costs
incurred by the Bank in the event that the Bank should first be required by the undersigned to resort to any property held by the Bank or in which the Bank has a security interest or to obtain execution or other satisfaction of a judgment against
the Borrower on account of Borrower’s obligation and liability for its indebtedness guaranteed hereby; and the undersigned further agrees that the undersigned is responsible for any obligation or debt, or portion thereof, of the Borrower to the
Bank which has been paid by the Borrower to the Bank and which the Bank is subsequently required to return to the Borrower or a trustee for the Borrower in any bankruptcy or insolvency proceeding; and the undersigned further agrees that none of the
undersigned shall have any right of subrogation, reimbursement or indemnity whatsoever, nor any right of recourse to security for the debts and obligations of the Borrower to Bank unless and until all of the debts and obligations of the Borrower to
Bank have been paid in full. The undersigned hereby waives, to the extent avoidable under any provision of the Bankruptcy Code, any right arising upon payment by the undersigned of any obligation under this Guaranty to assert a claim against the
bankruptcy estate of the Borrower. 
  

			
	1457VA (0003)	 	Page 1 of 3

 Check applicable box: 
  

	x	This Guaranty is unlimited and applies to all indebtedness of Borrower, whether now existing or hereafter arising. 

  

	 ̈	This Guaranty applies to all indebtedness of Borrower evidenced by its promissory note/line number
             dated                          (including
all extensions, renewals, and modifications thereof) in the principal amount of $            . 

  

	 ̈	This Guaranty is limited to an amount of $             plus accrued interest, late fees, costs of
collection (including attorneys fees) and all other obligations and indebtedness which may accrue or be incurred with respect to the Borrower’s indebtedness and obligations to Bank. 

 To secure the payment of all obligations of the undersigned hereunder, the undersigned hereby grants a security interest and lien in the
following goods and property owned by the undersigned: 
  
  
  
  
                                        
                                         
                                         
                                         
                       (“Collateral”). 
 The undersigned hereby agrees to execute and deliver to Bank any security agreement, deed of trust, mortgage, UCC financing statement, or other document required by the Bank in order to protect its
security interest or lien in the Collateral. This document shall constitute a security agreement under the Uniform Commercial Code of Florida (“Code”), and in addition to having all other legal rights and remedies, the Bank shall have all
rights and remedies of a secured party under the Code. 
 This agreement shall inure to the benefit of Bank, its successors and assigns, and the
owners and holders of any of the indebtedness, obligations and liabilities hereby guaranteed, and shall remain in force until a written notice revoking it has been received by Bank; but such revocation shall not release the undersigned from
liability to Bank, its successors and assigns, or the owners and holders of any of the indebtedness, obligations and liabilities hereby guaranteed, for any indebtedness, obligation or liability of the Borrower which is hereby guaranteed and then in
existence or from any renewals, extensions or modifications thereof in whole or in part, whether such renewals, extensions or modifications are made before or after such revocation, with or without notice to the undersigned. The undersigned waives
presentment, demand, protest and notices of every kind and assents to any one or more extensions, modifications, renewals or postponements of the time or amount of payment or any other indulgences given to Borrower. The undersigned shall be
responsible for and shall reimburse the Bank for all costs and expenses (including reasonable attorneys’ fees) incurred by the Bank in connection with the enforcement of this Guaranty or the protection or preservation of any right or claim of
the Bank in connection herewith, including without limitation costs and expenses incurred by the Bank in connection with its attempts to collect the indebtedness, obligations, and liabilities guaranteed hereby. 
 If the Borrower is a corporation, this instrument covers all indebtedness, obligations and liabilities to Bank purporting to be made or undertaken on behalf
of such corporation by any such officer or agent of said corporation without regard to the actual authority of such officer or agent. The term “corporation” shall include associations of all kinds and all purported corporations, whether
correctly and legally chartered and organized. 
 The undersigned covenants, warrants, and represents to the Bank that: (i) this Guaranty
is enforceable against the undersigned in accordance with its terms; (ii) the execution and delivery of this Guaranty does not violate or constitute a breach of any agreement to which the undersigned is a party; (iii) that there is no
litigation, claim, action or proceeding pending or, to the best knowledge of the undersigned, threatened against the undersigned which would materially adversely affect the financial condition of the undersigned or his ability to fulfill his
obligations hereunder; (iv) that the undersigned has knowledge of the Borrower’s financial condition and affairs; and (v) unless otherwise required in a Loan Agreement, if applicable, as long as any Obligations remain outstanding or
as long as Bank remains obligated to make advances, the undersigned shall furnish annually an updated financial statement in a form satisfactory to Bank, which, when delivered shall be the property of Bank. 
 This Guaranty is made in and shall be construed in accordance with the laws and judicial decisions of the State of Florida. The undersigned agree that any
dispute arising out of this Guaranty shall be adjudicated in either the state or federal courts of Florida and in no other forum. For that purpose, the undersigned hereby submits to the jurisdiction of the state and/or federal courts of Florida. The
undersigned waives any defense that venue is not proper for any action brought in any federal or state court in the State of Florida. 
  

			
	ACCOUNT #/NOTE #	 	Initials:   /s/ SRW  

  

			
	1457MD (0408)	 	Page 2 of 3

 WAIVER OF TRIAL BY JURY. UNLESS EXPRESSLY PROHIBITED BY APPLICABLE LAW, THE UNDERSIGNED HEREBY
WAIVE THE RIGHT TO TRIAL BY JURY OF ANY MATTERS OR CLAIMS ARISING OUT OF THIS GUARANTY OR ANY LOAN DOCUMENT EXECUTED IN CONNECTION HEREWITH OR OUT OF THE CONDUCT OF THE RELATIONSHIP BETWEEN THE UNDERSIGNED AND BANK. THIS PROVISION IS A MATERIAL
INDUCEMENT FOR BANK TO MAKE THE LOAN EVIDENCED BY THE NOTE EXECUTED IN CONNECTION HEREWITH. FURTHER, THE UNDERSIGNED HEREBY CERTIFY THAT NO REPRESENTATIVE OR AGENT OF BANK, NOR BANK’S COUNSEL, HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT BANK
WOULD NOT SEEK TO ENFORCE THIS WAIVER OF RIGHT TO JURY TRIAL PROVISION IN THE EVENT OF LITIGATION. NO REPRESENTATIVE OR AGENT OF BANK, NOR BANK’S COUNSEL, HAS THE AUTHORITY TO WAIVE, CONDITION OR MODIFY THIS PROVISION. 
 Witness the signature and seal of each of the undersigned. 
  

			
	GUARANTOR:
	
	Pineapple House of Brevard, Inc.
		
	By:	 	 /s/ Stephen R. Wherry

		 	Stephen R. Wherry
	
	STATE OF FLORIDA
	COUNTY OF BREVARD

 The foregoing instrument was acknowledged before me this 29th day of December, 2009, by Stephen R.
Wherry as Vice President for Pineapple House of Brevard, Inc. 
  

	
	 /s/ Debra J Pavlakos

	Signature of Notary Public
	Name of Notary Public

 Personally Known
                     OR Produced Identification   X     
 Type of Identification Produced Florida Driver License 
 NOTARY STAMP 
  

			
	ACCOUNT #/NOTE #	 	Initials:   /s/ SRW  

  

			
	1457MD (0408)	 	Page 3 of 3

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00167-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00167-of-00352.parquet"}]]