Bond form text
Know All Men By These Presents:
That (Registrant)
Of (Company)
As Principal and Bond Company
As Surety, are held firmly bound unto the Fairfield County Building Department, 210 E. Main St., Room 302, Lancaster,
OH 43130, as Obligee, in the sum of Ten Thousand and no/100th Dollars ($10,000) to be paid to said Obligee, it’s
successors and assigns, and for the payment thereof well and truly to be made, we, Principal and Surety, jointly and
severally bind ourselves, our heirs, executors, administrators, successors, and assigns firmly by these presents.
The condition of the above obligation is such that:
Whereas, the above principal has or is about to apply to said Obligee for a registration as a
Contractor for the term commencing this date and ending
,
pursuant to Resolution 06-02.28.f of the Fairfield County Board of County Commissioners.
Whereas, Principal, his agents and employees shall save the County harmless from all loss and damage to persons or
property which may be occasioned in any way, by accident or the want of care of skill on applicant’s part, in the
prosecution of the work contracted, performed, pursued or attempted under such registration.
Now, Therefore, if the registration shall be issued to Principal, his agents and employees shall save the County harmless
from all loss and damage to persons or property of the County and aforesaid, then this obligation shall be void; otherwise,
the same shall remain in full force and effect.
It is Further Agreed and Understood that Surety Company reserves the right to cancel this bond by giving thirty (30) days
written notice to Obligee c/o Fairfield County Building Department, 210 E. Main St., Room 302, Lancaster, OH 43130, and
upon receipt of such cancellation notice, Surety Company is relieved of any further liability, Surety Company will be liable
for loss accruing up to the effective date of said cancellation notice, but in no event to exceed said $10,000.00
