Renewal Application For License To Operate Employment Agency - South Carolina Secretary Of State Page 5

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TATE OF

OUTH

AROLINA

Bond No.___________________

Effective Date: ________________

KNOW ALL MEN BY THESE PRESENTS

THAT WE

________________________________________________________________________________________________

doing business as __________________________________________________________________________________

an employment agency of _________________________________________________________________ as principal,

and _____________________________________ of _____________________________________________ as surety,

are held firmly bound to the people of the State of South Carolina in the penal sum of $3,000.00, lawful money of the United

States of America, to be paid to the people of the State of South Carolina; for which payment we bind ourselves, our heirs,

executors, administrators, successors, and assigns jointly and severally, firmly by these presents.

The condition of this obligation is that if the above bounden principal complies with the Provision of Act 107 of 1981 of

the State of South Carolina and pays all sums due any individual or group of individuals when such principal or his

representative or agent has received sums, and pays all damage occasioned to any person by reason of misstatement,

misrepresentation, fraud deceit, or any unlawful acts or omissions of the principle mentioned above, or if his agents or

employees while acting within the scope of their employment, then this obligation is to be void, otherwise it is to remain in

full force and effect.

This bond shall be deemed continuous in form and shall remain in full force and effect throughout all succeeding license

periods unless terminated or cancelled in the manner hereinafter provided.

The State of South Carolina, acting through the Secretary of State, reserves the right, at any time, to terminate this bond

(except as to any liability already incurred or accrued) by a written notice of such termination to the surety, and thereupon this

bond shall terminate and be of no more force or effect, except as to any liability already incurred or accrued as to which it

shall remain in full force and effect.

The surety reserves the right to terminate this bond except as to any liability already incurred or accrued and may do so

upon giving the said principal and the Secretary of State of the State of South Carolina thirty days written notice to that effect

and thirty days after the receipt by the Secretary of State of such notice, its liability under this bond, except as to any

liabilities or indebtedness already incurred or accrued, shall cease, and said bond shall thereupon terminate and be of no more

force or effect, except as to any liabilities or indebtedness already incurred or accrued thereunder.

In witness whereof, the said principal and surety have hereunto set their hands and seals

this ________day of __________________, __________.

Witnesses: (as to principals)