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(b) Page 2 of Standard Form 274.

b To pay the full amount due to the said "laborers and materialmen," or so much as shall not be paid to them by the Direct Writing Company; in case the Direct Writing Company fails to pay to the said "laborers or materialmen" any default under said payment bond less than the "Amount of this Reinsurance."

2. The Reinsuring Company and the Direct Writing Company hereby covenant and agree that, in the case of default on said payment bond for the "Amount of this Reinsurance," or more, the persons given a "right of action" or a "right to sue" on said payment bond by section 2(a) of the Miller Act (40 U.SC. 270b(a)) may bring suit against the Reinsuring Company in the United States District Court for the district in which the contract described above is to be performed and executed for the "Amount of this Reinsurance," or, if the amount of the default is for less than the "Amount of this Reinsurance," for whatever the full amount of the default may be. In furtherance of the foregoing, the Reinsuring Company hereby further covenants and agrees to comply with all requirements necessary to give such court jurisdiction, and to consent to determination of all matters arising under this Reinsurance Agreement in accord with the law and practice of such court. It is expressly understood by the parties hereto that the rights, powers, and privileges given in this paragraph to persons given a "right of action" or a "right to sue" are in addition to or supplemental to or in accordance with other rights, powers, and privileges which they might have under the statutes of the United States, any States, or the other laws of either, and should not be construed as limitations.

3. The Reinsuring Company and the Direct Writing Company further covenant and agree that the Reinsuring Company hereby designates the process agent, appointed by the Direct Writing Company in the district in which the above mentioned contract is to be performed and executed, as an agent to accept service of process in any suit instituted on this Reinsurance Agreement, and that such process agent shall send, by registered mail, to the Reinsuring Company at its principal place of business mentioned above, a copy of such process

4. The Reinsuring Company and the Direct Writing Company hereby further covenant and agree that this Reinsurance Agreement is an integral part of the said payment bond.

IN WITNESS WHEREOF, the Direct Writing Company and the Reinsuring Company, respectively, have caused this Agreement to be signed and impressed with their respective corporate seals by officers possessing the power to sign such instruments, and to be duly attested to by officers empowered thereto, on the day and date above written opposite their respective names.

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SPECIMEN

INSTRUCTIONS: This Standard Form

is to be used in cases where it is desired to cover the excess of a Direct Writing

Company's underwriting limitation by refsurance instead of coinsurance on Miller Act payment bonds running to the United States See 41 CFR 1-10.202 and 1-16.801

This form should be executed and filed as follows:

Original and copies as specified by the bond-approving officer, signed and seaied, shall be filed with the bond or within the time period set forth in the bid or proposal

One carbon copy, signed and sealed, shall accompany the Direct Writing Company's quarterly Schedule of Excess Risks filed with the Department of the Treasury.

Other copies may be prepared for the use of the Direct Writing Company and the Reinsuring Company. A separate form should be used for each Reinsuring Company

US GOVERNMENT PRINTING OFFICE 1977 - 240 4510:01

[42 FR 56118, Oct. 21, 1977]

STANDARD FORM 274 BACK (8-77)

§ 1-16.901-275 States.

Standard Form 275, Reinsurance Agreement in Favor of the United

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WHEREAS the above named Direct Writing Company has become bound as surety unto the United States of America, on the above described bond, wherein the above named is principal; and WHEREAS the said bond was given for the protection of the United States; and WHEREAS the Direct Writing Company has applied to the above Reinsuring Company to be reinsured and countersecured in the amount set forth opposite the name of the Reinsuring Company (herein referred to as the "Amount of this Reinsurance"), or for whatever amount less than the "Amount of this Reinsurance" the Direct Writing Company may become liable to pay under or by virtue of the said bond:

NOW, THEREFORE, in consideration of a sum mutually agreed upon, paid by the Direct Writing Company to the Reinsuring Company, the receipt whereof is hereby acknowledged, the parties to this Agreement hereby covenant and agree to the terms and conditions set forth herein TERMS AND CONDITIONS AGREED TO:

IT IS THE PURPOSE AND INTENT HEREOF to guarantee and indemnify the United States against loss under the aforesaid bond to the extent of the "Amount of this Reinsurance," or for any less sum than the "Amount of this Reinsurance," that may be owing and unpaid by the Direct Writing Company to the United States

THEREFORE:

1 In the event of the Direct Writing Company's failure to pay any default under said bond equal to or in excess of the Amount of this Reinsurance," the Reinsuring Company hereby covenants and agrees to pay to the United States, the obligee on said bond, the "Amount of this Reinsurance." In case of the failure of the Direct Writing Company to pay to the United States any default for a sum less than the "Amount of this Reinsurance," the Reinsuring Company hereby covenants and agrees to pay to the United States the full amount of such default, or so much thereof as shall not be paid to the United States by the Direct Writing Company

2. The Reinsuring Company further covenants and agrees that in case of default on said bond for the "Amount of this Reinsurance," or more, the Reinsuring Company may be sued by the United States for the "Amount of this Reinsurance" or for whatever the amount of the default may be less than the "Amount of this Reinsurance."

IN WITNESS WHEREOF, the Direct Writing Company and the Reinsuring Company, respectively, have caused this Agreement to be signed and impressed with their respective corporate seals by officers possessing power to sign such instruments, and to be duly attested to by officers empowered thereto. on the day and date above written opposite their respective names.

Items 1, 8, 80-Furnish Legal Name, Business Address and Zip Code 275-101

STANDARD FORM 275 (8-77) Prescribed by GSA, FPR (41 CFR) 1-16.801

40-104 0-79--54

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INSTRUCTIONS: This Standard Form 275 is to be used in cases where it is desired to cover the excess of a Direct Writing Company's underwriting limitation by reinsurance instead of coinsurance on bonds running to the United States except Miller Act Performance and Payment Bonds. See 41 CFR 1-10.202 and 1-16.801. If this form is used to reinsure a bid bond, the "Penal Sum of Bond" and "Amount of this Reinsurance” may be expressed as a percentage of the bid provided the actual amounts will not exceed the companies' respective underwriting limitations.

This form should be executed and filed as follows:

Original and copies as specified by the bond-approving officer, signed and sealed, shall be filed with the bond or within the time period set forth in the bid or proposal.

One carbon copy, signed and sealed, shall accompany the Direct Writing Company's quarterly Schedule of Excess Risks filed with the Department of the Treasury.

Other copies may be prepared for the use of the Direct Writing Company and the Reinsuring Company. A separate form should be used for each Reinsuring Company.

.: US GOVERNMENT PRINTING OFFICE 1977-O-240-463 0104

STANDARD FORM 275 BACK (8-77)

[42 FR 56119, Oct. 21, 1977]

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Optional forms are illustrated in this section in the same manner and for the same purpose as is stated in § 1-16.901 for standard forms.

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§ 1-16.902-OF 59 Optional Form 59, Contract Pricing Proposal.

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I MAS ANY EXECUTIVE AGENCY OF THE UNITED STATES GOVERNMENT PERFORMED ANY REVIEW OF YOUR ACCOUNTS OR RECORDS IN CONNECTION WITH ANY OTHER GOVERNMENT PRIME CONTRACT OR SUBCONTRACT WITHIN THE PAST TWELVE MONTHS?

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