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PERSONAL GUARANTY
<br />Elk River, Minnesota
<br />June 17, 2013
<br />FOR VALUABLE CONSIDERATION, the receipt and sufficiency of which is hereby
<br />acknowledged, and in consideration of and to induce financial accommodations of any kind, with or
<br />without security, given or to be given or continued at any time and from time to time by the ECONOMIC
<br />DEVELOPMENT AUTHORITY OF THE CITY OF ELK RIVER (hereinafter called the "Lender") to or
<br />for the account of ALLIANCE MACHINE, INC. (hereinafter collectively called the "Borrower"), the
<br />undersigned absolutely and unconditionally guarantees to the Lender the full and prompt payment when
<br />due, whether at maturity or earlier by reason of acceleration or otherwise, of any and all indebtedness,
<br />obligations and liabilities of the Borrower (and any and all successors of the Borrower) to the Lender, now
<br />or hereafter existing, absolute or contingent, independent, joint, several or joint and several, secured or
<br />unsecured, due or to become due, contractual or tortious, liquidated or unliquidated, arising by assignment
<br />or otherwise, including without limitation all indebtedness, obligations and liabilities owed by the
<br />Borrower (and any and all successors of the Borrower) as a member of any partnership, syndicate,
<br />association or other group, and whether incurred by the Borrower (or any successor of the Borrower) as
<br />principal, surety, endorser, guarantor, accommodation party or otherwise (hereinafter collectively referred
<br />to as the "Indebtedness"); and the undersigned agrees to pay on demand all of the Lender's fees, costs,
<br />expenses and reasonable attorneys' fees in connection with the Indebtedness, any security therefor, and this
<br />guaranty, plus interest on such amounts at the highest rate then applicable to any of the Indebtedness.
<br />The Lender may at any time and from time to time, without consent of or notice to the
<br />undersigned, without incurring responsibility to the undersigned, without releasing, impairing or affecting
<br />the liability of the undersigned hereunder, upon or without any terms or conditions, and in whole or in part:
<br />(1) sell, pledge, surrender, compromise, settle, release, renew, subordinate, extend, alter, substitute,
<br />exchange, change, modify or otherwise dispose of or deal with in any manner and in any order any
<br />Indebtedness, any evidence thereof, or any security or other guaranty therefor; (2) accept any security for,
<br />or other guarantors of, any Indebtedness; (3) fail, neglect or omit to obtain, realize upon or protect any
<br />Indebtedness or any security therefor, to exercise any lien upon or right to any money, credit or property
<br />toward the liquidation of the Indebtedness, or to exercise any other right against the Borrower, the
<br />undersigned, any other guarantor or any other person; and (4) apply any payments and credits to the
<br />Indebtedness in any manner and in any order. No act, omission or thing, except full payment and
<br />discharge of the Indebtedness, which but for this provision could act as a release or impairment of the
<br />liability of the undersigned hereunder, shall in any way release, impair or otherwise affect the liability of
<br />the undersigned hereunder, and the undersigned waives any and all defenses of the Borrower pertaining to
<br />the Indebtedness, any evidence thereof, and any security therefor, except the defense of discharge by
<br />payment. The failure of any person or persons to sign this or any other guaranty shall not release, impair or
<br />affect the liability of the undersigned hereunder. This guaranty is a primary obligation of the undersigned
<br />and the Lender shall not be required to first resort for payment of the Indebtedness to the Borrower or any
<br />other person, their properties or estates, or any security or other rights or remedies whatsoever. The
<br />undersigned shall be and remain liable for any deficiency remaining after foreclosure of any mortgage or
<br />security interest securing the Indebtedness, whether or not the liability of the Borrower or any other person
<br />for such deficiency is discharged pursuant to statute, judicial decision or otherwise.
<br />The liability of the undersigned under this guaranty is joint and several and is in addition to and
<br />shall be cumulative with all other liabilities of the undersigned to the Lender, as guarantor or otherwise,
<br />without any limitation as to amount, unless the writing evidencing or creating such other liability
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