Appellant contends that the New King Agreement obligated New King, the parties' closely held corporation, to pay plaintiff 20% of its profits but in no event less than $500 a week for 208 weeks after the agreement's execution, that his only obligation thereunder was to coguarantee the minimum $500 weekly payments along with third-party defendants, that New King's dissolution necessarily terminated the guarantee, and that plaintiff has no claim because all required payments...
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