本资料来源于网络 如有重复请联系本尊删除PerformancebondDate:_To:_DearSirs,PERFORMANCEGUARANTEEFORCONTRACTNO:_TITLE:_(CompanyName)Thatinconsiderationof(hereinafterreferredtoasNPOG)enteringintoacontractfortheConstruction,CommissioningandHandoverofFieldSurfaceFacilities.(CONTRACT)dated_dayof_with_hereinafterreferredtoasCONTRACTOR(S)We,_acompanyincorporatedunderthelawsof_withaprincipalbusinessaddressat_(hereinafterreferredtoasGUARANTOR)doherebyenterintothefollowingundertakingswithNPOG:(a)GuaranteefullandcompleteperformanceofallobligationsofCONTRACTOR(s)underthesaidCONTRACTandallchangeordersthereunderandamendmentsthereofwhichmaysubsepuentlybedulyexecutedbyCONTRACTOR(s).(b)ShouldCONTRACTORinanyrespectfailtoperformthesaidobligationscontainedinthesaidCONTRACTorcommitsanybreachthereof,weasGUARANTORshallourselvesperformortakewhateverstepsasmaybenecessarytoachieveperformanceoftheobligationsthereof,inaccordancewithtermsofthesaidCONTRACTandtheGUARANTORshallassumeanyloss,damages,costsandexpensesarisingfromthesaidfailureorbreachforwhichCONTRACTOR(s)maybemadeavailablethereunder;MUGLADBASINOILDEVELOPMENTPROJEDTELELDSURFACEFACILITIES(FSF)CONTRACTNO:NPOG/30/98-163(c)wetheGUARANTORshallnotbedischargedorreleasedfromourundertakingshereunderbyanywaiverorforebearancebyNPOGwhetherastopayment,time,performance,orotherwise.(d)IntheeventandforthedurationthattheGUARANTORassumestheobligatinosofCONTRACTORunderthesaidCONTRACTabove,theGUARANTORshallbeentitledtoalloftherightsandbenefitstowhichCONTRACTORisentitledunderCONTRACT.(e)ForthepurposeofthisGuaranteeandthesaidCONTRACT,theCONTRACTORdoesherebyagreetosubmittotheexclusivejurisdictionoftheBritishCourts.(f)ThisGuaranteeshallinuretothebenefitofNPOGanditssuccessorsandassigns,andshallbebindingupontheGUARANTORanditssuccessorsandassigns.(g)Thisguaranteeshallbeeffectiveasofthe_dayof_.INWITNESSWHEREOF,THEGUARANTORhascausedthisGuaranteetobedulyexecutedbyitsauthorizedrepresentativeonthis_dayof_.Forandonbehalf:_(Company)signature:_name:_designation:_WITNESSSignature:_Name:_Designation:_Date:_2