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<br />Bond shall be construed as a statutory bond and not as a <br />common law bond. <br /> <br />14 Upon request by any person or entity appearing to be a <br />potential beneficiary of this Bond, the Contractor shall <br />promptly furnish a copy of this Bond or shall permit a copy <br />to be made. <br /> <br />15 DEFINITIONS <br /> <br />15.1 Claimant: An individual or entity having a direct <br />contract with the Contractor or with a subcontractor of <br />the Contractor to furnish labor, materials or equipment <br />for use in the performance of the Contract. The intent of <br />this Bond shall be to include without limitation in the <br />terms "labor, materials or equipment" that part of water, <br />gas, power, light, heat, oil, gasoline, telephone service <br />or rental equipment used in the Construction Contract, <br /> <br />MODIFICATIONS TO THIS BOND ARE AS FOLLOWS: <br /> <br />architectural and engineering services required for per- <br />formance of the work of the Contractor and the Contrac- <br />tor's subcontractors, and all other items for which a <br />mechanic's lien may be asserted in the jurisdiction <br />where the labor, materials or equipment were furnished. <br /> <br />15.2 Construction Contract: The agreement between <br />the Owner and the Contractor identified on the signa- <br />ture page, including all Contract Documents and <br />changes thereto. <br /> <br />15.3 Owner Default: Failure of the Owner, which has <br />neither been remedied nor waived, to pay the Contrac- <br />tor as required by the Construction Contract or to per- <br />form and complete or comply with the other terms <br />thereof. <br /> <br />(Space is provided below for additional signatures of added parties, other than those appearing on the cover page.) <br /> <br />CONTRACTOR AS PRINCIPAL <br />Company: <br /> <br />(Corporate Seal) <br /> <br />Signature: <br />Name and Title: <br />Address: <br /> <br />SURETY <br />Company: <br /> <br />(Corporate Seal) <br /> <br />Signature: <br />Name and Title: <br />Address: <br /> <br />Printed in cooperation with The American Institute of Architects [AlA) by Wiliis. Willis vouches that the language in the document conforms <br />exactly to the language used in AlA Document A312, December 1984 Edition. Third Printing March 1987 Performance and Payment Bond <br />WC1853D <br /> <br />6 <br />