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Surety Agreement

This Surety Agreement (the "Agreement") is made and entered into as of [Date], by and between:

[Your Company Name], a [Legal Structure of Your Company] organized and existing under the laws of
[Jurisdiction], with its principal place of business at [Your Company Address] (hereinafter referred to as
the "Surety" or "Guarantor"),

and

[Counterparty's Company Name], a [Legal Structure of Counterparty's Company] organized and existing
under the laws of [Jurisdiction], with its principal place of business at [Counterparty's Company Address]
(hereinafter referred to as the "Obligee" or "Beneficiary").

RECITALS

WHEREAS, Obligee and Surety have entered into a certain agreement titled [Title of the Agreement]
dated [Date of the Agreement] (the "Principal Agreement");

WHEREAS, in connection with the Principal Agreement, Surety has agreed to provide suretyship in favor
of Obligee as further described herein.

NOW, THEREFORE, in consideration of the premises and the mutual covenants contained herein, and for
other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged,
the parties agree as follows:

DEFINITIONS

1.1 "Principal Agreement" shall mean the agreement titled [Title of the Agreement] dated [Date of the
Agreement] between Obligee and [Name of Other Party to the Principal Agreement].

1.2 "Default" shall mean any failure by the principal obligor under the Principal Agreement to fulfill any
obligation or perform any act required under the terms of the Principal Agreement.

SURETYSHIP

2.1 Suretyship Obligations


Surety hereby irrevocably and unconditionally guarantees to Obligee the due and punctual performance
and fulfillment of all obligations and liabilities of the principal obligor under the Principal Agreement.

2.2 Scope of Guarantee

The obligations of Surety under this Agreement shall be deemed to be primary and independent
obligations, and Surety's liability hereunder shall not be affected by any extension of time, renewal,
modification, amendment, or alteration of the terms of the Principal Agreement, or by any other act or
omission whatsoever on the part of Obligee or the principal obligor under the Principal Agreement.

SURETY'S DEFAULT

In the event of any Default under the Principal Agreement, Surety shall promptly, upon written notice
from Obligee, fulfill or cause to be fulfilled the obligations of the principal obligor under the Principal
Agreement.

MISCELLANEOUS

4.1 Governing Law

This Agreement shall be governed by and construed in accordance with the laws of [Jurisdiction],
without regard to its conflicts of laws principles.

4.2 Entire Agreement

This Agreement constitutes the entire understanding between the parties with respect to the subject
matter hereof and supersedes all prior agreements and understandings, whether oral or written,
relating to such subject matter.

IN WITNESS WHEREOF, the parties hereto have executed this Surety Agreement as of the date first
above written.

[Your Company Name]

By: __________________________

[Your Name, Title]

[Counterparty's Company Name]


By: __________________________

[Counterparty's Name, Title

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