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Exhibit C <br />KNOW ALL MEN BY THESE PRESENTS: the City of Redwood City ("City"), County of San <br />Mateo, State of California, and , (hereinafter <br />designated as "Principal") have entered into an Improvement Agreement dated <br />, 20_ ("Agreement"), the terms and conditions of which are incorporated herein <br />by reference, whereby Principal agrees to install and complete certain designated public <br />improvements for the following project: <br />2075 Broadway <br />WHEREAS, under the terms of the Agreement, the Principal is required before entering upon <br />the performance of the work, to file a good and sufficient payment bond with the the City to <br />secure the claims to which reference is made in Title 3 (commencing with Section 9000) of Part <br />6 of Division 4 of the Civil Code of the State of California. <br />NOW, THEREFORE, we, the Principal and <br />, organized and existing under the laws of the State of and duly <br />licensed to trans surety business in the State of California, and authorized to execute bonds and <br />undertaking as sole surety, as Surety, are held firmly bound unto the City and all contractors, <br />subcontractors, laborers, materialmen, and other persons employed in the performance of the <br />agreement and referred to in Title 3 (commencing with Section 9000) of Part 6 of Division 4 of <br />the Civil Code of the State of California in the sum of Dollars <br />($ ), for materials furnished or labor thereon of any kind, or for amounts due under the <br />Unemployment Insurance Act with respect to this work or labor, that the surety will pay the <br />same in an amount not exceeding the amount hereinabove set forth, and also in case suit is <br />brought upon this bond, will pay, in addition to the face amount thereof, costs and reasonable <br />expenses and fees, including reasonable attorney's fees, incurred by City in successfully <br />enforcing this obligation, to be awarded and fixed by the court, and to be taxed as costs and to <br />be included in the judgment therein rendered. <br />It is hereby expressly stipulated and agreed that this bond shall inure to the benefit of any and <br />all persons, companies, and corporations entitled to file claims under Title 3 (commencing with <br />Section 9000) of Part 6 of Division 4 of the Civil Code of the State of California, so as to give a <br />right of action to them or their assignees in suit brought upon this bond. <br />Should the condition of this bond be fully performed, then this obligation shall become null and <br />void, otherwise it shall be and remain in full force and effect. <br />REV: 08-31-17 VR <br />Page 19 of22 <br />ATTY/AGR.2017.195/Lane - Broadway, LLC - IA <br />