Surety Agreement
Agreement made on __________________ (date), between ________________________
(Name of Surety), a corporation organized and existing under the laws of the state of
________________________ (name of state), with its principal office located at
_____________________________________________ (street address, city, county,
state, zip code) , and referred to herein as Surety, and ________________________ (Name
of Principal), a corporation organized and existing under the laws of the state of
________________________ (name), with its principal office located at
_____________________________________________ (street address, city, county,
state, zip code) , referred to herein as Principal.
For and in consideration of the mutual covenants contained in this Agreement, and other good
and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the
parties agree as follows:
1. Principals. Surety hereby agrees to act as surety for the debt of Principal.
2. Financial Qualifications. Surety holds the assets listed in Exhibit A attached hereto
and made a part hereof. Principal and Surety are bound to ________________________
(Name of Obligee), a corporation organized and existing under the laws of the state of
________________________ (name of state), with its principal office located at
_____________________________________________ (street address, city, county,
state, zip code) , referred to Obligee, for $ __________________ . Principal and Surety are
and shall remain jointly and severally liable for this amount.
3. Acknowledgment of Indebtedness. This indebtedness arises from a written contract
entered into by Principal and Obligee that was executed on __________________ (date) in
_____________________________________________ (city, county, state), a copy of
which is attached hereto as Exhibit B and incorporated by reference.
4. Liability of Surety. Surety's liability shall terminate upon Surety's written notice of such
termination to Obligee. Surety, in such case, shall remain liable to Obligee for any obligation
that may have arisen prior to the receipt of such notice by Obligee.
5. Scope of Bond. This Surety Bond is solely for the debt noted in the underlying contract
for the amount of $ __________________ .
6. Notice. Obligee must first give notice of demand for payment to Principal. Upon
Principal's failure to pay, Obligee may make demand upon Surety.
7. Actions on the Bond. Any action or proceeding in connection with this Bond shall be in
_____________________________________________ (county, state). Any costs or
attorney fees in connection with such action shall be borne by Principal.
The Bond shall be binding upon Surety, Surety's successors, assigns, and legal
representatives.
IN WITNESS WHEREOF , Principal and Surety have executed this Bond at
_____________________________________________ (street address, city, county,
state, zip code) , on __________________ (date).
(Name of Surety) (Name of Principal)
_________________________ _________________________
(Signature of Officer of Surety) (Signature of Officer of Principal)
________________________ ________________________
(Printed Name of Officer) (Printed Name of Officer)
Valuable instructions on finishing your ‘Surety Agreement’ online
Are you fed up with the trouble of managing documentation? Look no further than airSlate SignNow, the premier electronic signature service for individuals and businesses. Bid farewell to the monotonous process of printing and scanning paperwork. With airSlate SignNow, you can effortlessly finalize and sign documents online. Utilize the robust features incorporated into this user-friendly and budget-friendly platform and transform your approach to document supervision. Whether you need to approve forms or collect signatures, airSlate SignNow manages everything seamlessly, with just a few clicks.
Follow this detailed guide:
Access your account or initiate a free trial with our service.
Select +Create to upload a document from your device, cloud, or our template repository.
Open your ‘Surety Agreement’ in the editor.
Click Me (Fill Out Now) to finalize the document on your end.
Add and designate fillable fields for others (if needed).
Proceed with the Send Invite settings to request eSignatures from others.
Save, print your copy, or convert it into a reusable template.
No need to worry if you need to collaborate with your colleagues on your Surety Agreement or send it for notarization—our service provides all the tools necessary to complete such tasks. Register with airSlate SignNow today and elevate your document management to new levels!
FAQs
Here is a list of the most common customer questions. If you can’t find an answer to your question, please don’t hesitate to reach out to us.
A Surety Agreement is a legally binding contract that involves three parties: the principal, the obligee, and the surety. This agreement guarantees that the principal will fulfill their obligations to the obligee, and if they fail to do so, the surety will compensate the obligee. With airSlate SignNow, you can easily create and sign your Surety Agreement online, streamlining the process for all parties involved.
airSlate SignNow offers an intuitive platform for creating, sending, and eSigning Surety Agreements. Our features include customizable templates, real-time tracking, and secure storage, ensuring your agreements are efficiently managed. By utilizing airSlate SignNow, you can enhance your workflow and ensure that your Surety Agreements are signed promptly and securely.
airSlate SignNow provides a variety of pricing plans to suit different business needs, starting from a free trial to premium subscriptions. Each plan includes essential features for drafting and signing Surety Agreements, allowing you to choose the best option based on your usage. Visit our pricing page to explore the plans and find the one that fits your requirements.
Yes, Surety Agreements signed through airSlate SignNow are legally binding, as our platform complies with eSignature laws, including the ESIGN Act and UETA. This compliance ensures that your electronically signed documents hold the same weight as traditional paper contracts. Rest assured, your Surety Agreements are secure and enforceable.
Absolutely! airSlate SignNow allows you to create and customize your own Surety Agreement templates. You can easily modify text, add fields, and include your branding, making it simple to tailor the agreements to your specific needs and preferences.
airSlate SignNow seamlessly integrates with various applications and platforms, such as Google Drive, Dropbox, and Microsoft Office, to streamline your document management processes. These integrations allow you to easily import, export, and store your Surety Agreements, enhancing productivity and collaboration within your team.
The security of your Surety Agreements is a top priority for airSlate SignNow. We utilize advanced encryption methods, secure servers, and multi-factor authentication to protect your documents and sensitive information. You can trust that your Surety Agreements are safeguarded against unauthorized access.
The best way to complete and sign your surety agreement form
Save time on document management with airSlate SignNow and get your surety agreement form eSigned quickly from anywhere with our fully compliant eSignature tool.
How to fill out and sign documents online
Previously, coping with paperwork took lots of time and effort. But with airSlate SignNow, document management is quick and simple. Our robust and user-friendly eSignature solution lets you easily complete and eSign your surety agreement form online from any internet-connected device.
Follow the step-by-step guidelines to eSign your surety agreement form template online:
1.Sign up for a free trial with airSlate SignNow or log in to your account with password credentials or SSO authentication.
2.Click Upload or Create and add a form for eSigning from your device, the cloud, or our form library.
3.Click on the file name to open it in the editor and use the left-side menu to complete all the empty areas properly.
4.Place the My Signature field where you need to approve your form. Type your name, draw, or import a picture of your regular signature.
5.Click Save and Close to accomplish modifying your completed form.
Once your surety agreement form template is ready, download it to your device, export it to the cloud, or invite other parties to eSign it. With airSlate SignNow, the eSigning process only takes a couple of clicks. Use our robust eSignature tool wherever you are to deal with your paperwork effectively!
How to complete and sign forms in Google Chrome
Completing and signing documents is simple with the airSlate SignNow extension for Google Chrome. Adding it to your browser is a quick and efficient way to manage your forms online. Sign your surety agreement form template with a legally-binding electronic signature in a few clicks without switching between tools and tabs.
Follow the step-by-step guide to eSign your surety agreement form in Google Chrome:
1.Go to the Chrome Web Store, search for the airSlate SignNow extension for Chrome, and install it to your browser.
2.Right-click on the link to a form you need to approve and select Open in airSlate SignNow.
3.Log in to your account with your credentials or Google/Facebook sign-in buttons. If you don’t have one, you can start a free trial.
4.Utilize the Edit & Sign menu on the left to complete your template, then drag and drop the My Signature field.
5.Upload a photo of your handwritten signature, draw it, or simply type in your full name to eSign.
6.Verify all data is correct and click Save and Close to finish modifying your paperwork.
Now, you can save your surety agreement form template to your device or cloud storage, email the copy to other people, or invite them to eSign your form with an email request or a protected Signing Link. The airSlate SignNow extension for Google Chrome enhances your document processes with minimum effort and time. Start using airSlate SignNow today!
How to fill out and sign documents in Gmail
When you get an email with the surety agreement form for approval, there’s no need to print and scan a document or save and re-upload it to a different program. There’s a much better solution if you use Gmail. Try the airSlate SignNow add-on to quickly eSign any documents right from your inbox.
Follow the step-by-step guidelines to eSign your surety agreement form in Gmail:
2.Set up the tool with a related button and grant the tool access to your Google account.
3.Open an email containing an attached file that needs approval and utilize the S symbol on the right panel to launch the add-on.
4.Log in to your airSlate SignNow account. Opt for Send to Sign to forward the file to other parties for approval or click Upload to open it in the editor.
5.Put the My Signature field where you need to eSign: type, draw, or import your signature.
This eSigning process saves time and only requires a couple of clicks. Utilize the airSlate SignNow add-on for Gmail to adjust your surety agreement form with fillable fields, sign documents legally, and invite other parties to eSign them al without leaving your inbox. Enhance your signature workflows now!
How to complete and sign forms in a mobile browser
Need to rapidly submit and sign your surety agreement form on a mobile phone while doing your work on the go? airSlate SignNow can help without needing to set up extra software applications. Open our airSlate SignNow solution from any browser on your mobile device and create legally-binding electronic signatures on the go, 24/7.
Follow the step-by-step guide to eSign your surety agreement form in a browser:
1.Open any browser on your device and follow the link www.signnow.com
2.Create an account with a free trial or log in with your password credentials or SSO option.
3.Click Upload or Create and import a file that needs to be completed from a cloud, your device, or our form library with ready-made templates.
4.Open the form and complete the empty fields with tools from Edit & Sign menu on the left.
5.Add the My Signature field to the sample, then enter your name, draw, or upload your signature.
In a few easy clicks, your surety agreement form is completed from wherever you are. When you're finished editing, you can save the file on your device, create a reusable template for it, email it to other people, or ask them to electronically sign it. Make your documents on the go prompt and effective with airSlate SignNow!
How to complete and sign forms on iOS
In today’s business community, tasks must be accomplished quickly even when you’re away from your computer. With the airSlate SignNow mobile app, you can organize your paperwork and approve your surety agreement form with a legally-binding eSignature right on your iPhone or iPad. Set it up on your device to conclude agreements and manage documents from anywhere 24/7.
Follow the step-by-step guidelines to eSign your surety agreement form on iOS devices:
1.Open the App Store, search for the airSlate SignNow app by airSlate, and set it up on your device.
2.Open the application, tap Create to upload a form, and choose Myself.
3.Choose Signature at the bottom toolbar and simply draw your autograph with a finger or stylus to eSign the form.
4.Tap Done -> Save after signing the sample.
5.Tap Save or utilize the Make Template option to re-use this paperwork later on.
This method is so simple your surety agreement form is completed and signed in a couple of taps. The airSlate SignNow app works in the cloud so all the forms on your mobile device remain in your account and are available any time you need them. Use airSlate SignNow for iOS to improve your document management and eSignature workflows!
How to fill out and sign paperwork on Android
With airSlate SignNow, it’s simple to sign your surety agreement form on the go. Install its mobile application for Android OS on your device and start improving eSignature workflows right on your smartphone or tablet.
Follow the step-by-step guidelines to eSign your surety agreement form on Android:
1.Go to Google Play, find the airSlate SignNow application from airSlate, and install it on your device.
2.Sign in to your account or register it with a free trial, then upload a file with a ➕ button on the bottom of you screen.
3.Tap on the uploaded document and choose Open in Editor from the dropdown menu.
4.Tap on Tools tab -> Signature, then draw or type your name to electronically sign the sample. Complete empty fields with other tools on the bottom if needed.
5.Utilize the ✔ button, then tap on the Save option to finish editing.
With an intuitive interface and total compliance with primary eSignature standards, the airSlate SignNow app is the best tool for signing your surety agreement form. It even operates without internet and updates all record changes when your internet connection is restored and the tool is synced. Fill out and eSign forms, send them for approval, and generate multi-usable templates anytime and from anywhere with airSlate SignNow.
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