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Bond Number:
Know all men by these presents, that (insert principal name) as Principal, hereinafter called the Principal, and (insert surety name) as Surety, hereinafter called the Surety, are, subject to the conditions hereinafter contained, held and firmly bound unto Her Majesty the Queen in right of Canada as Obligee, hereinafter called the Crown, in the amount of (insert amount in text) , lawful money of Canada, for the payment of which sum, well and truly to be made, the Principal and the Surety bind themselves, their heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents.
Signed and sealed this (insert day signed) day of (insert month signed) , (insert year signed) .
Whereas, the Principal has submitted a written tender to the Crown, dated the (insert day submitted for the written tender to the Crown) day of (insert month submitted for the written tender to the Crown) , (insert year submitted for the written tender to the Crown) , for (insert description and work location) .
Clear Data
Now, therefore, the conditions of this obligation are such that if:
then this obligation shall be void; otherwise it shall remain in full force and effect.
Provided, however, that the Surety and the Principal shall not be liable to the Crown for an amount greater than the amount specified in the bond.
Provided further that the Surety shall not be subject to any suit or action unless such suit or action is instituted and process therefore served upon the Surety at its Head Office in Canada, within twelve (12) months from the date of this bond.
In testimony whereof, the Principal has hereto set its hand and affixed its seal, and the Surety has caused these presents to be sealed with its corporate seal duly attested by the signature of its authorized signing authority, the day and year first above written.
Signed, sealed and delivered in the presence of:
________________________________________ Principal
________________________________________ Witness
________________________________________ Surety
Note: Affix Corporate seal if applicable.
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