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<br />~ ' ARCH INSURANCE COMPANY
<br />PAYMENT BOND
<br />Bond Number : SU 1102668
<br />KNOW ALL MEN BY THESE PRESENTS: That Sentrv Control Systems as Principal, hereinafter called Principal, and Arch
<br />Insurance Com~any (located at 135 N. Los Robles Ave., Ste. 825, Pasadena, CA 91101) as Surety, hereinafter called Surety,
<br />are held and firmly bound unto The City of Santa Ana as Obligee, hereinafter called Owner, for the use and benefit of claimants as
<br />hereinbelow defined, in the amount of One Mi1Gon One Hundred Fiftv Thousand Thirty Five Dollars and xx/100
<br />DOLLARS (1,150,035.00) for the payment whereof Prtnctpal and the Surety, jointly and severally, bind themselves, their heirs,
<br />executors, administrators, successors and assigns to the Owner to pay for the labor, materials and equipment furnished for use in the
<br />performance of that certain Construction Contract dated C~/S'~D 9 with Owner for:
<br />Purchase and Installation of Parkins Control Equipment
<br />which is incorporated herein by reference.
<br />With respect to the Owner, this obligation shall be null and void if the Principal
<br />1. Promptly makes payment, directly or Indirectly, for all sums due Claimants, and;
<br />2. Defends, indemnifies and holds harmless the Owner from claims, demands, liens or suits by any person or entity whose claim,
<br />demand, lien or suit is for the payment for labor, materials or equipment furnished for use in the performance of the Construction
<br />Contract, provided the Owner has promptly notified the Principal and the Surety any claims, demands, liens or suits and
<br />provided there is no Owner Default.
<br />With respect to Claimants, this obligation shall be null and void if the Principal
<br />I. Promptly makes payment, directly or indirectly, for all sums due. (A claimant is defined as an individual or entity having a
<br />direct contract with the Principal or with a subcontractor of the Principal to furnish labor, materials or equipment for use in the
<br />performance of the Contract.)
<br />The Surety's total obligation shall not exceed the amount of this Bond, and the amount of this Bond shall be credited for any payments
<br />made hereunder by the Surety.
<br />By the Principal furnishing and the Owner accepting this Bond, they agree that all funds earned by the Principal in the performance of
<br />the Construction Contract are dedicated to satisfy obligations of the Principal and the Surety under this Bond.
<br />The Surety shall not be liable to the Owner, Claimants or others for obligations of the Principal that are unrelated to the Construction
<br />Contract.
<br />If any suit or action is brought by any claimant under this bond, jurisdiction shall be in the County or Political Subdivision in which
<br />the project is situated.
<br />No suit or action shall be commenced by a claimant under this Bond after the expiration of one year from the date on which the last
<br />labor or service was performed by anyone or the last materials or equipment were furnished by anyone under the Construction
<br />Contract.
<br />SIGNED, SEALED, DATED: July 23, 2009
<br />Sentry Control Systems
<br />`_i~ (Principal)
<br />By:
<br />Arch Insurance Company (Surety)
<br />Aidan Smock ,Attorney In act
<br />DIRECT CORRESPONDENCE TO
<br />Arch Insurance Group, 10755-F Scripps Poway Parkway, #448, San Diego, CA 92131
<br />PHONE (858) 271-4393 . FAX (858) 271-8141
<br />Pavm Pnr Rnn~l _t nn
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