Private Entity’s Guarantee of Performance for theGuaranty of Performance • February 21st, 2018 • Maryland
THIS GUARANTY OF PERFORMANCE (the “Guaranty”) is made as of Month , 20 , by [Private Entitiy Name], a[Virginia / Maryland] (method of incorporation) (“Contractor” and “Guarantor”) for the benefit of the Falls Church City School Board (the “Board”) with respect to certain obligations of [LLC Name], a[Virginia / Maryland] (method of incorporation) company (“name”) under the Agreement of even date herewith between the Board and [LLC Name] (the “Agreement”). Board and [LLC Name] acknowledge that material financial and other benefits may accrue to each of them in connection with the Agreement and that such benefits constitute full and adequate consideration for this Guaranty.