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DocuSign Envelope ID: 313DA256 -1EDE- 4396- A716- 4C53B809027E <br />FORM OF PAYMENT BOND <br />Date of Contract: <br />Date of Execution: <br />Name of Principal <br />(Contractor) <br />Name of Surety: <br />Name of Contracting <br />Body: <br />Amount of Bond: <br />Project <br />KNOW ALL MEN BY THESE PRESENTS, that we, the principal and surety above named, <br />are held and firmly bound unto the above named contracting body, hereinafter called the contracting <br />body, in the penal sum of the amount stated above for the payment of which sum well and truly to be <br />made, we bind ourselves, our heirs, executors, administrators, and successors, jointly and severally, <br />firmly by these presents. <br />THE CONDITION OF THIS OBLIGATION IS SUCH, that whereas the principal entered <br />into a certain contract with the contracting body identified as shown above and hereto attached: <br />NOW, THEREFORE, if the principal shall promptly make payment to all persons supplying <br />labor /material in the prosecution of the work provided for in said contract, and any and all duly <br />authorized modifications of said contract that may hereafter be made, notice of which modifications <br />to the surety being hereby waived, then this obligation to be void; otherwise to remain in full force <br />and virtue. <br />IN WITNESS WHEREOF, the above - bounden parties have executed this instrument under <br />their several seals on the date indicated above, the name and corporate seal of each corporate party <br />being hereto affixed and these presents duly signed by its undersigned representative, pursuant to <br />authority of its governing body. <br />Executed in counterparts. <br />