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DocuSign Envelope ID:2E5A8509-E4CD-4A45-9241-C69B05F6A27D
<br /> '� ��u THE
<br /> v' GUARANTEE' The Guarantee Company of North America USA
<br /> Southfield,Michigan
<br /> POWER OF ATTORNEY
<br /> KNOW ALL BY THESE PRESENTS:That THE GUARANTEE COMPANY OF NORTH AMERICA USA, a corporation organized and existing under the
<br /> laws of the State of Michigan,having its principal office in Southfield,Michigan,does hereby constitute and appoint
<br /> James P. Lowrey,Anne Baker, Chavonne C. Hill, Rob Allonier, Karl Sherrill, Jarrett Shearin, Jennifer J.Taylor,
<br /> John R. Haldeman,Jr.
<br /> SDMR, Inc, dba Senn Dunn
<br /> its true and lawful attorney(s)-in-fact to execute, seal and deliver for and on its behalf as surety, any and all bonds and undertakings, contracts of
<br /> indemnity and other writings obligatory in the nature thereof,which are or may be allowed,required or permitted by law,statute,rule,regulation,contract
<br /> or otherwise.
<br /> The execution of such instrument(s) in pursuance of these presents,shall be as binding upon THE GUARANTEE COMPANY OF NORTH AMERICA
<br /> USA as fully and amply, to all intents and purposes, as if the same had been duly executed and acknowledged by its regularly elected officers at the
<br /> principal office.
<br /> The Power of Attorney is executed and may be certified so, and may be revoked,pursuant to and by authority of Article IX,Section 9.03 of the By-Laws
<br /> adopted by the Board of Directors of THE GUARANTEE COMPANY OF NORTH AMERICA USA at a meeting held on the 315 day of December,2003,
<br /> The President,or any Vice President,acting with any Secretary or Assistant Secretary,shall have power and authority:
<br /> 1. To appoint Attorney(s)-in-fact, and to authorize them to execute on behalf of the Company, and attach the Seal of the Company thereto,
<br /> bonds and undertakings,contracts of indemnity and other writings obligatory in the nature thereof;and
<br /> 2. To revoke,at any time,any such Attorney-in-fact and revoke the authority given,except as provided below
<br /> 3. In connection with obligations in favor of the Florida Department of Transportation only, it is agreed that the power and authority hereby given
<br /> to the Attorney-in-Fact includes any and all consents for the release of retained percentages and/or final estimates on engineering and
<br /> construction contracts required by the State of Florida Department of Transportation. It is fully understood that consenting to the State of
<br /> Florida Department of Transportation making payment of the final estimate to the Contractor and/or its assignee, shall not relieve this surety
<br /> company of any of its obligations under its bond.
<br /> 4. In connection with obligations in favor of the Kentucky Department of Highways only,it is agreed that the power and authority hereby given to
<br /> the Attorney-in-Fact cannot be modified or revoked unless prior written personal notice of such intent has been given to the Commissioner-
<br /> Department of Highways of the Commonwealth of Kentucky at least thirty(30)days prior to the modification or revocation.
<br /> Further,this Power of Attorney is signed and sealed by facsimile pursuant to resolution of the Board of Directors of the Company adopted at a meeting
<br /> duly called and held on the 6th day of December 2011,of which the following is a true excerpt:
<br /> RESOLVED that the signature of any authorized officer and the seal of the Company may be affixed by facsimile to any Power of Attorney or certification
<br /> thereof authorizing the execution and delivery of any bond, undertaking,contracts of indemnity and other writings obligatory in the nature thereof, and
<br /> such signature and seal when so used shall have the same force and effect as though manually affixed.
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