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lssued in Duplicate Bond No: 202619 Premium: Included PAYRIlENT �C"9�lD KNOW ALL MEN BY THESE PRESE�9TS: That we, S&H Construction, Inc. as Prin�spa{, and, American Safetv Casualty Insurance Company organized and existing under the laws of the State of �a�+�o�iaGeorgia , and autharizeci ta execute bonds and undertaking as sole surety, as Surety, are held and firmly bound unto any and all parsons named in California Civil Code Section 3181 whose claii-n has not been paid by the Contractor, company or corporafiion in t�e aggregate total of One Hundred Forty-Two Thousand Five Hundred and No/100Doilars {$ 142,500.00 ) (being 10a°!o of the Contract amount) for the payment whereof, wef! and trufy to be made, said Princiqal and Surety bond themselves, their heirs, administra#ors, succsssors, and assigns, jointiy and severally,firmly by these presents. TH� C06VDITtON OF TNE �OREGOiNG OBLI�AT#09V IS SUCH #hat, whereas the abave with the City of Reduiood City ("City")to�3o the foliawing uvork, to-wit: FIR� STATfON NO. 9 HVAC REPLACENIElVT 755 MARSFf�►LL STREET IVOW,THEREFORE, if the above-bounden Principal or his subconfractors fail to pay any of the persons named in 5ection 3181 of the Civii Cade of the State of California, ar amounts due under the Unemploymenf lnsurance Cade with respect to work or labor performed under the Contract, or for any amounts required to be deducted, wi4hheld, and paid over to the ErrEployment Developmenf Department from the wages ot employees of the Contractor and his subcontractor pursuant to Sec#ion 13020 of the Unemployment lnsurance Code of the State of Cafi#ornia, wi#h respect ta such work and labor, the surety will pay for the same, in the amaunt not exceeding the sum specified in this bond, and also, in case suit is brought u�on this bond, a reasonable attorney's fee, to be fixed by the Court. This bond shaii fnure to the benefi#of any person named in Section 3981 of the Civil Code of the State af California so as to give a right of action to them or their assignees in suit brought upon this bond. This bond is executec� and fled to comply with the provisions of the act of the Legisla#ure of the State of California as designated in Civil Code Sections 3247-3252, inclusive, and al! amendments thereto. And the said Surety, for vaiue r�ceived, her�by stipufates and agrees to waive the provisions of Caiifornia Civii Code Secfion 2819 regarding consent to change, ex#ension of time aEteration, or addition to the terms of the Contract, or to the work to be per�armed thereunder, or t�e Specifications accompany�ng the same, shall in any way affect its obligations on this bond; and it does t�ereby waive notice of any such change, extensior� o#time, ai#eration, or addition to the terms of the Contract, or to#he worlc, or to the Specifications. FS#9 HVAC REPLAGEMENT