SAMPLE PERFORMANCE BOND * NOTE: THIS IS ONLY A SAMPLE BOND NO: _______________ Know All Men by These presents: That John Doe ________________________ as Principal, and the ___________ ________________________________________________________________________ a corporation of the State of Maryland, with its Local Office, ADDRESS: ________________________ ZIP CODE: ________________________ U.S.A. as Surety, are held and firmly bound unto State of Maryland, as Obligee, In the amount of $____________ , for the payment whereof Principal and Surety bind themselves, their heirs, executors, administrators, successors and assigns, jointly and severally firmly by these presents. WHEREAS, the Principal has made application to the State Highway Administration of Maryland, for a permit to construct _________________________________________ entrance(s) _________________ _______________________________________________________________________ WHEREAS, the State Highway Administration of Maryland has granted a permit for such construction, being Permit NO. ______________ dated _____________ upon certain terms and conditions as set forth In said permit. NOW, THE CONDITION OF THE FOREGOING OBLIGATION Is such that if the above bounden principal shall In all respects, comply with the terms and obligations thereunder, and shall well and truly and in a manner satisfactory to the SHA complete the work permittee and save harmless the SHA and the State of Maryland from any expense incurred through the failure of said Principal to comply with the terms and conditions of same permit, or from any damages growing out of the negligence of the said Principal, or his, theirs, or its agents or employees, then the above obligation to be void and of none effect, otherwise to remain In full force and virtue of law. Signed and sealed this ________________ day of ________________ As to Principal: ____________________________ ____________________________(SEAL) As to Surety: ____________________________