West Virginia Personal Guaranty of Corporation Agreement to Pay Consultant

• Category: Employment - Consultants
• State: Multi-State
• Control #: US-60754
• Format: Word; Rich Text

Description

Guarantor unconditionally and absolutely guarantees to consultant, the full and prompt payment and performance by a third party of all of its obligations under and pursuant to the Agreement, together with the full and prompt payment of any and all costs and expenses of and incidental to the enforcement of this Guaranty, including, without limitation, reasonable attorneys' fees. West Virginia Personal Guaranty of Corporation Agreement to Pay Consultant is a legal document entered into by a corporation and a consultant, with the personal guarantee of one or more individuals associated with the corporation. This agreement provides additional security to the consultant for the payment of fees and services rendered. Keywords: West Virginia, personal guaranty, corporation agreement, pay consultant, legal document, additional security, fees, services rendered. Different types of West Virginia Personal Guaranty of Corporation Agreement to Pay Consultant: 1. Individual Personal Guaranty: In this agreement type, a specific individual associated with the corporation personally guarantees the payment of fees and services for the consultant. This individual becomes liable in case the corporation defaults on the payment. 2. Joint Personal Guaranty: This type of agreement involves multiple individuals associated with the corporation joining together to personally guarantee the payment owed to the consultant. All individuals jointly agree to assume responsibility for payment, providing further assurance to the consultant. 3. Unlimited Personal Guaranty: Under this agreement, the personal guarantor(s) assumes unlimited liability for the payment of fees and services rendered by the consultant. In case of default by the corporation, the personal guarantor(s) can be held personally responsible for the complete amount owed. 4. Limited Personal Guaranty: In this agreement, the personal guarantor(s) assumes liability limited to a specific amount or a predetermined period. The personal guarantor(s) is responsible for the agreed-upon portion and not for any excess fees or services beyond that limit. 5. Corporate Officer Personal Guaranty: This type of agreement focuses on the personal guarantee provided by corporate officers associated with the corporation. These officers commit to being personally liable for the payment of fees and services in case the corporation fails to fulfill its financial obligations. It is important to consult legal professionals or attorneys to determine the exact terms and conditions relevant to the specific West Virginia Personal Guaranty of Corporation Agreement to Pay Consultant.

West Virginia Personal Guaranty of Corporation Agreement to Pay Consultant is a legal document entered into by a corporation and a consultant, with the personal guarantee of one or more individuals associated with the corporation. This agreement provides additional security to the consultant for the payment of fees and services rendered. Keywords: West Virginia, personal guaranty, corporation agreement, pay consultant, legal document, additional security, fees, services rendered. Different types of West Virginia Personal Guaranty of Corporation Agreement to Pay Consultant: 1. Individual Personal Guaranty: In this agreement type, a specific individual associated with the corporation personally guarantees the payment of fees and services for the consultant. This individual becomes liable in case the corporation defaults on the payment. 2. Joint Personal Guaranty: This type of agreement involves multiple individuals associated with the corporation joining together to personally guarantee the payment owed to the consultant. All individuals jointly agree to assume responsibility for payment, providing further assurance to the consultant. 3. Unlimited Personal Guaranty: Under this agreement, the personal guarantor(s) assumes unlimited liability for the payment of fees and services rendered by the consultant. In case of default by the corporation, the personal guarantor(s) can be held personally responsible for the complete amount owed. 4. Limited Personal Guaranty: In this agreement, the personal guarantor(s) assumes liability limited to a specific amount or a predetermined period. The personal guarantor(s) is responsible for the agreed-upon portion and not for any excess fees or services beyond that limit. 5. Corporate Officer Personal Guaranty: This type of agreement focuses on the personal guarantee provided by corporate officers associated with the corporation. These officers commit to being personally liable for the payment of fees and services in case the corporation fails to fulfill its financial obligations. It is important to consult legal professionals or attorneys to determine the exact terms and conditions relevant to the specific West Virginia Personal Guaranty of Corporation Agreement to Pay Consultant.