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TERMINATING FUTURE OBLIGATIONS UNDER CONTINUING GUARANTEE [DATE, ex.

Wednesday, June 11, 1998] [NAME, BANK AND ADDRESS, ex. John Smith XYZ Bank 1234 First Street Suite 567 Anycity, Anystate 85245] Dear [NAME, ex. John Smith], We refer to the continuing Guarantee dated [DATE OF GUARANTEE, ex. January 15, 1996] given by us to you pursuant to which we guaranteed the ongoing obligations of [NAME OF OBLIGOR WHOSE INDEBTEDNESS WAS GUARANTEED, ex. ABC Corp.] Please accept this letter as formal notification to you that we are terminating all future obligations under the Guarantee effective [DATE OF TERMINATION OF OBLIGATIONS UNDER GUARANTEE, ex. September 30, 1998]. This termination notice is given to you in accordance with the terms and conditions of the Guarantee. Sincerely, [YOUR NAME, ex. Jill Jones]

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