|
w 1 • • .1 n[ 1 v —_ r• , n! w i C♦ 4 L O !. S f Y O 4
<br />Western Surety Company
<br />JANITORIAL SERVICE BOND
<br />Bond No. 5359519
<br />In consideration of an agreed premium, Western Surety Company, a South Dakota corporation, hereby agrees to
<br />indemnify BEIRht Maintenance, Inc. -
<br />of 160 S. UniVergi1_Y Dr A plantation Florida 33324
<br />(the "Obligee "), against loss of money or other property, real or personal, belonging to any and all
<br />subscribers (the "Subscriber ") to its services, or in which the Subscriber has a pecuniary interest, or for
<br />which the Subscriber is legally liable, which the Subscriber shall sustain as the result of any fraudulent
<br />oe dishonest act, as hereinafter defined, of an Employee or Employees of the Obligee acting alone or in
<br />collusion with others, and for which the Oblilepe ip liable, the st+r:ount of ind ^.trinity o- each of such Employees being
<br />1, my -Five Thousand aW no /100 1)l7LI.ARS ($ 25,000.00 )
<br />THE FOREGOING AGREEMENT IS S[1B.IECT TO THE FOLLOWING CONDITIONS AND LIMITATIONS: �
<br />TERM OF 1110141)1 31St August: 1993
<br />SECTION 1. The term of this bond begins with the - -- - day of at 12:00
<br />o'clock night, standard time, at the address of the Obligee above given. and ends at 12:00 o'clock night, standard tune, on the
<br />effective date of the cancellation or this bond in its entirety.
<br />DISCOVERY PERIOD:
<br />SECTION 2. Loss is covered under this bond only (a) if sustained through any act cr acts committed by any Employee of
<br />Obligee while this bond is In force as to such Employee, and (bi if discovered prior to the expiration or sooner cancellation of
<br />this bond in its entirety as provided in Section 11, or from Its cancellation or termination In its entirety in any other
<br />manner, whichever shall first happen.
<br />DEFINITION OF EMPLOYEE:
<br />SECTION 3. The word Employee or Employees, as used in this bond, shall be deemed to mean, respectively, one or more of
<br />the natural persons (except directors or trustees of the Obligee, if a corporation, who are not also officers or employees these -
<br />,)f in some other capacity) while in the regular service of the Obligee in the ordinary course of the Dbfigae's business during
<br />the term of this bond, and whom the Obligee, compeneates by salary or wages and has the right to govern and direct in the
<br />performance of such service, fbr whom a premium has been paid, and who are engaged in such service within any of the
<br />States of the United States of America, or within the District of Columbia, Puerto Rico, the Virgin Islands, or elsewhere for a
<br />limited period, but not to mean brokers, factors, commission merchants, consignees, contractors, or other agents or
<br />representatives of the same general character.
<br />FRAUDULENT OR DISHONEST ACTS
<br />SECTION C A fraudulent or dishonest act of an Employee of the Obligee shall mean an act which is punishable under tie
<br />Criminal Code in the jurisdiction within which net occurred, for which said Employee is tried and convicted by a court of
<br />proper jurisdiction.
<br />MERGER OR CONSOLIDATION:
<br />SECTION 5. If any natural persons shall be taken Into the regular service of the Obligee through merger or consolidation
<br />with some other concern, the Obligee shall give the Surety written notice thereof and shall pay an additional premium on
<br />any increase in the number of Employees covered under this bond as a result of such merger or consolidation computed pro
<br />rata from the data of such merger or consolidation to the and of the current premium period.
<br />NON-ACCUMULATION OF LIABILITY:
<br />SECTION 0. Regardless of the number of yosm this band shall continua in force and the number of premiums which shall be
<br />payable or paid, the liability of the Surety under this bond shall not be cumulative in amounts from year to year or ftorn
<br />period to period.
<br />LIMIT OF LIABILITY UNDER THIS BOND AND PRIOR IN5URANCE3
<br />SECTION T. With respect to loss or losses caused by an Empieyee or which era chargeable to such Employee as provided in
<br />Section 5 and which occur partly under this bond and partly under other bonds or policies issued by the Surety to the
<br />obligee or to any predecessor in interest of the Obligee and terminated or cancelled or allowed to expire and in which the
<br />period for discovery has not expired at the time any such loss or lasses thereunder are discovered, the total liability of the
<br />Surety tinder this bond and under such other bends or policies shall not exceed, in the aggregate, the amount carried under
<br />this bond on such loss or losses or the amount available to the Obligee under such outer bonds or pollcies, as limited by the
<br />terms and conditions thereof, for any such loss or losses, if the latter amount be the larger.
<br />DEDUCTII XXt
<br />SECTION 8. The Surety shall not be liable under this bond on account of any loss or losses through fraudulent or dishonest
<br />acts committed by any Employee of Obligee, unless the amount of such loss or losses, after deducting the net amount of all
<br />reimbursement and/or recovery, including any cash deposit taken by the Obligee, obtained or made by the Obligee or the
<br />Surety on account thereof, prior to payment by the Surety of such loss or losses, shall be in excess of ONE HUNDRED
<br />DOLLARS (4 00.00), and then for such excess only, but in no event for more than the amount of insurance oarried on such
<br />Employee under this bond. If more then one Empiovea commits the lraudulent or dishonest act resulting in such 1986 or
<br />losses, said deductible amount shall apply to each Employee so involved.
<br />F'efen 1373-6-93
<br />
|