Exhibit G, Conservation Bond - Laserfiche WebLink

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EXHIBIT G CONSERVATION BOND KNOW ALL PERSONS BY THESE PRESENTS, THAT THE UNDERSIGNED CalMat Co., doing business as Vulcan Materials Company, 3200 San Fernando Road, Los Angeles, CA 90065, a corporation organized and existing under the laws of the State of Delaware, (hereafter "Principal") and (Name of Surety Company, whose address for service is:) (Street Address) (City) (State) (Zip Code) organized and existing under the laws of the State of and licensed to do business in California, as Surety, are held firmly bound unto the [USFWS designee] as Obligee. We, Principal and Surety are bound unto Obligee, in the penal sum of DOLLARS ($ _ ), for payment of which sum we hereby jointly and severally bind ourselves, our successors, and assigns. In the event of forfeiture by the Principal, the Obligees agree that they shall not demand in excess of the penal sum of this bond. THE CONDITIONS OF THIS OBLIGATION ARE SUCH, that: Whereas, this bond concerns an obligation under the Colton Dunes Conservation Bank Agreement ("Agreement") between Principal and the United States Fish and Wildlife Service ("USFWS") dated 2005. Whereas, the Principal is required to file this Conservation Bond as a guarantee that the Principal will meet each of the obligations set forth in Section 5.1 of the Agreement. Whereas the Surety and their successors and assigns agree to guarantee the obligation and to indemnify the [USFWS designee] from the failure of the Principal to meet these obligations. Whereas,"the penal sum of this bond is due and payable to Obligee upon default of Principal's obligations set forth in Section 5.1 of the Agreement. Whereas, obligations guaranteed by this Conservation Bond shall be in effect for the Property as defined in the Agreement. NOW THEREFORE, if the Principal shall perform all the initial habitat enhancement, restoration, and maintenance activities described in the Habitat Enhancement and Management Plan ("HEMP") during the Interim Management Period (both as defined in the Agreement) and required to be performed on its part, at the times and in the manner specified in the Agreement . ("Work"), then this obligation shall terminate, otherwise it shall remain in full force and effect. This bond can, but need not, be revised annually to account forportions of the initial work