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(b) Page 2 of Standard Form 273.

and the Direct Writing Company hereby covenant and agree that the United States may bring suit against the Reinsuring Company for the "Amount of this Reinsurance" or, in case 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 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 by officers empowered thereto, on the day and Jate abcvc eritten upposite their respective names

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INSTRUCTIONS: This Standard Form 1 to be used in cases where it is desired to cover the excess of a Direct Writing Company's underwriting limitation by refreutance instead of coinsurance on Miller Act performance bonds running to the United States. See 41 CFR 1-10.202 and 1-16.801

This form should be executed and miled 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 hled with the Department of the Treasury.

Ocher copies may be prepared for the use of the Direct Writing Company and the Reinsucing Camproy A separate form should be used for cada Reincuciag Company

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§ 1-16.901–274 Standard Form 274, Reinsurance Agreement for u Miller Act Pay

ment Bond. (a) Page 1 of Standard Form 274.

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AGREEMENT:

WHEREAS the above named Direct Writing Company has become hound as surely on the above described puyment hond, wherein the above described is principal, for the protection of all persons supplying lahor and material on the above described tunisaci, huh contract is for the cons, nusion, alteration, op repair of public building or public work of the l'nile Suites, sandlund heing for the use of each such person; and WHEREAS the said payment bund was furnished to the United States pursuant to the Act of August 24, 1935, as amended (40 U.S.C 2701-270e), known as the Miller Act; and WHEREAS the Direct Writing Company has applied to the above named Reinsuring Company to be reinsured and countersecured in the amount set forth opposite the nimic of the Reinsuring Company (herein referred to as "Amount of this Reinsurance"), or for whatever amount less than the "Amoun: of this Reinsurance“ the Direce Writing Company may become liable to pay under or by virtue of the said payment bond

NOW. THEREFORE, in consid:rudlem of a sum mutually agreed upon. paid by the Direce Writing Company for the Reinsuring Company, the seceipt whereof is hereby acknowledged, the parties to this Agreement horchy kon enint 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 persons who hinc furnished or supplied lahan il malul in the prosciution of the work provided for in the contract referred to abic (hereinafter referred to as "laherers and materialmen," the term "materialmen" including persons having a direct contractual relation with a sul contractor but no contractul relationship express or implied with the contractor who has furnished the said pyment hond) aprins Jos, under the said payment hind to the extent of the "Amount of this Reinsurance.ir for any sum less than the "Amount of this Reinsurance," that may being and unpaid by the Direct Writing Company to the laborers and matcrialmen" on sind rayment lonel, and to make the slid "laborers.nl materialmen" bligeas under this Reinsurance Agreement to the same extent as if their respidise nimes were written herein

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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 Direc: Writing Company; in case the Direct Writing Company fails to pay to the said "laborers or materialmen" ang default under sand Nayment 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 mure, the persons given a "right of action" or a "right to suc" in said Payment bond by section 2(a) of the Miller Act (-10 U.S.C. 2706(a)) may bring suit against the Reinsuring Company in the United Seates District Court for the district in which the contract described abowe is to be performed and executed for the "Amount of this Reinsurance," or, if the amount of the Jefault 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 coucnants 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 o action" or a "right to suc" are in addition to or supplemental to me 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 Conjuny 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 husiness mentioned above, a copy of such process

4. The Reinsuring Company and the Direct Writing Company herchy further couchant 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 instrum duly attested to by officers empowered thereto, on the day and date above written opposite their respective names.

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INSTRUCTIONS: This Standard Forry, is to be used in cases where it is desired to cover the excess of a Direct Writing
Company's underwriting limitation by refasurance 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 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

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1-16.901–275 Standard Form 275, Reinsurance Agreement in Favor of the United

States. (a) Page 1 of Standard Form 275.

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30-103 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.

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