(On Non-Judicial Stamp paper worth of Rs.

100/-) SURITY BOND

Know all Men by this Security Bond, We (Employee) of the A.P.S.C.S.C.L. and (First surety of employee) and (Second surety of employee) are firmly held and bound up to the APSCSCL in the sum of three months salary only.

Of lawful good money to be paid to the APSCSCL, or its successors, executors, administrators and representatives, for which payment willful be made, we bind ourselves and our respective heirs, executors, administrators and representatives jointly, and respectively.

Signed by us this the 1. 2.

day of

Whereas the above bond was on the

day of

2011 Provided with a job under the APSCSCL and now holds and exercises the office of A P State Civil Supplies Corporation Limited in terms of the letter of appointment dated issued by the AP SCSCL. :07:2011

AND WHEREAS by virtue of such office and other office or offices to which the employee may hereafter be promoted or transferred or appointed, the said employee is presently and in

future will be entrusted with care and responsibility of handling & keeping in safe custody of various moneys, currency, shares and other valuable securities, papers, documents and also property and goods belonging to the APSCSCL or any person appointed by it AND WHEREAS the employee in such course of employment is also bound to keep and maintain or cause to be kept and maintained a true and faithfull account of the said money, shares securities, etc. NOW THE CONDITIONS OF the above written bond or obligation is such that if the employee shall all along during the continuity of his service under the employer; whether in the original or in any promotion or transferred post, keep and maintain; of cause to be kept and maintained a true and proper account of all such money, cash shares, securities, etc and/or otherwise always cash, shares, securities, etc and/or otherwise always duly and faithfully perform and discharge the duties of such office which we shall hold and exercise for the time being or in the alternative if the said Sri / Smt and shall indemnify and keep indemnified the APSCSCL, its executors and Successors in office, administrators or assigns, against all and every loss and damage or injury caused to and costs, charges and expenses incurred by APSCSCL by reason of any act, default, error judgment ion the part of the said Sri / in Smt

then the above written Bond/ or obligation shall be valid and of no effect. Otherwise the same be and remain in full force and virtue.

PROVIDED, HOWEVER, not withstanding anything contained herein before, it is hereby mutually agreed and declared by and between the parties that none of the two sureties viz., that Sri/Smt and Sri/ Smt

Shall in any case be at liberty or shall have the power to terminate their surety ship under this bond except upon giving to the APSCSCL, three weeks prior notice in writing of his or their intention so to do and in any event such termination shall not affect, and shall be without prejudice to the rights of APSCSCL, to seek redress on all claims which had then already arisen and this bond shall accordingly continue and remain valid in respect of all acts, defaults, omissions, errors in judgment on the part of the employees as against them as their past liability under this bond.

IN WITNESSES

WHEREOF

we have here to set our

respective hands and seal this day of 1. 2. Signed, sealed and delivered in the presence of General Manager (Administration)