SPECIMEN OF SURITY BOND

Please NOTE that this Surety Bond has to be

1) On Stamp Paper of Rs. l00/-

2) Surety of Mother & Father of the Candidate is not acceptable.
3) Please provide CNIC of person signing as surety as well as of witnesses.

The BOND datedthe _____ JANURARY 12,2017____ day of ___Friday____ executed by

Mr.____Ali Raza______S/O______Amir Raza_____residing at_______House # 88 Block A ,
Bahria Town, Lahore._____ herein after called the Employee and Mr. _____Ahmad Butt_____ S/O
IMRAN BUTT _____ herein after called, the Surety in favor of Professional Employers (Private)
Limited, herein after called the Company, Whereas the Company agrees to appoint as
_____Employee____ in accordance with the terms and conditions of his contractual appointment
letter. And whereas the employee has accepted to serve the Company and its Client and be bound by
the service rules and other regulations of the company as a condition of contractual recruitment.

NOW THERFORE THIS DOCUMENT WITNESSES AS UNDER: -

1. The___Mr. ALI Raza(Principal debtor) ____ undertake and binds, himself to serve the
company in accordance with the company regulations for the-whole, period of his contractual
service from the date of his employment in the company as aforesaid.

2. The __MR. ALI Raza (Principal debtor) ___ further under takes and binds, himself to the
_____Mr. Salman (Creditor)____, in the sum of Rs._________1 lac______ to be paid to the
_______creditor, Mr. Salman____, for which the _______Creditor___________ or its clients
might suffer any pecuniary loss, damages or claim by reason or any act of fraud, forgery,
breach of trust, mismanagement and negligence or careless performance of duty on his part
during the entire period of his service.

3. The ___Mr. Ahmad _(Surety)______ guarantees the company disciplined behavior/conduct

of the _____MR. ALI Raza ( Principal debtor)____ as required by the rules and regulations of
the company and its clients and undertakes to make good all pecuniary losses, damages or
claims to the extent of Rs.___1 lac_____ which the ___creditor, Mr. Salman __ or its
clients might suffer on account of any act of fraud, forgery, breach of trust, mismanagement
and negligence or careless performance of duty on the part of the employee.

4. The Guarantee by the _____Mr. AHMAD (Surety)______, to the company also extends to
cover any fraud, forgery, connivance in which the employee is found involved, directly or
indirectly and by reason of which company suffers any pecuniary loss, damage or claim.

5. This Bond will remain in force-till the ___EMPLOYEE ______________ remaining in

contractual service of the company, and shall, not be ceased on account of the death of the said
employee, or termination of his services if subsequently it is detected that the employee was
directly or indirectly or misappropriation of the company or its client’s fund, documents or
goods in which company has any pecuniary interest.
 In Witness Whereof the Employee and the surety have affixed their signatures on this DEED in
the presence of the following witnesses on the date first above mentioned.

EMPLOYEE: SURETY:
Name: MR . ALI Raza Name: MR . AHMAD
Signature: Signature:
Address: Address:
88 Block A , Bahria Town, Lahore. HOUSE # 68 Wapda town
CNIC : 31104-2045-102-5 CNIC : 31104-2040-420-8

WITNESSES WITNESSES

Name: UMER MALIK Name: JUNAIDM ARHAM

Signature: Signature:

Address:44 BAHRIA TOWN LAHORE Address: WAPDA TOWN LAHORE

CNIC 31104-2214-102-4 CNIC 31104-4412-445-8