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Notice Of Demand For Assurance Of Performance Indemnity Bond
NOTICE OF DEMAND FOR ASSURANCE OF PERFORMANCE INDEMNITY BOND
Date: [Date of notice]
To: [First Name of Person being notified] [Last Name of Person being notified]
[Address of person being notified]
[City of person being notified], [State of person being notified]
[Zip Code of person being notified]
Dear [Mr./Mrs.] [Last Name of Person being notified]
I have been advised by [Name of notifier], of [Addresse of notifier], [City of notifier], [Statee of notifier], that [he or she] has delegated to you the performance of the agreement between [him or her] and me dated [Date of agreement], for the sale of [Quantity] [Type of goods] for $ [Amount paid] Dollars. I request satisfactory assurance from you that you will perform the agreement according to all the terms of the agreement.
A sufficient assurance will be for you to furnish an indemnity bond in the penal amount of $ [Penal Amount] Dollars issued by an insurer suitable to me and conditioned to indemnify me in the event of any loss resulting from a breach by you of the original sales agreement or any negligence or misconduct in connection therewith.
Dated:
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