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PERFORMANCE BOND <br /> SAMPLE <br /> <br /> ' BOND NO. <br /> KNOW ALL MEN SY THESE PRESENT'S, That we <br /> as principal, and as surety, are jointly and <br /> severally held and bound unto the CITY OF EUGENE, in Lane County in the sum of: $ <br /> ~ ~ <br /> for the payment of which we jointly and severally bind ourselves, our heirs, executors, administrators and assigns or <br /> successors and assigns, firmly by these presents. <br /> THE CONDITION OF THIS BOND IS SUCH that, whereas the said principal herein has made and entered into a <br /> certain. contract a co of which i t c <br /> s a to hed hereto with the CITY OF EU <br /> pY GENE which contract to <br /> gether with the <br /> a licable laps Standard S ecifications S ecial S ecifications an <br /> pP P p p p d schedule of contract prices, is by this reference <br /> :made a part hereof, whereby the said principal agrees o da in accordance with the certain. terms, conditions, <br /> requirements, plans and specifications which set out in said contract and all authorized modifications of the contract <br /> which increase the amount of the work and the amount of contract. Notice to the surety of any of the immediately <br /> foregoing are waived. <br /> NOW, THEREFORE, if the principal herein shall .faithfully and truly observe and comply with the terms, conditions <br /> and provisions of the said contract, in all respects, and shall well and truly and fully do and perform all matters and <br /> things by him undertaken to be performed under said contract, upon the terms set forth therein, and within the time <br /> prescribed therein, or as extended as provided in the contract, and shall indemnify and save harmless the CITY OF <br /> ' .EUGENE, its officers, employees, and agents, against any direct or indirect damages of every kind and description <br /> :that shall be suffered or claimed to be suffered in connection with or..arising out of the performance of the said <br /> contract by the said Contractor or his Subcontracts and shall in all respects perform. said contract according to law, . <br /> then this obligation is to be void, otherwise to remain in full force and effect. <br /> Nonpayment of the bond premium will not invalidate this bond nor shall the CITY OF EUGENE be obligated for the <br /> payment thereof. <br /> WITNESS our hands this day of ~ 20 <br /> Principal Principal <br /> By By <br /> Authorized Official Signature ~ Authorized Official Signature <br /> By By <br /> Authorized Official Signature Authorized Official Signature <br /> Surety ~ By <br /> Attorney-in-Fact <br /> By <br /> Agent <br /> (A Power of Attorney_ for <br /> the Attorney-in-Fact must <br /> . be attached to this Bond) <br /> Surety's Seal must be Affixed <br /> <br />