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The Indemnity Bond executed on 05th day of Mar 2016at Jamshedpur by M/s Honeywell

Automation India Ltdhaving its office at 1stfloor , The Santum , 1!1 S"#"$ Area

% Am&a'an( Sa)hi, *amshed+ur, District Singhbhumi( East , hereinafter referred to asthe Executant !"ontractor# ( $hich terms sha%% inc%ude a%% its executors, administrators and

successors in the office&

$hereas the executant is Hemant u+ta of the of the contractor and is du%y authori'ed tosign the indemnity bond in favor of the contractor, hereas, the executant contractor by this


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indemnity bond indemnifies to the Tata Stee% )td having its registered office at *+, homi

street fort umbai and its stee% p%ant %ocated at Jamshedpur, hereinafter referred to as!company# (hich terms sha%% inc%ude a%% its executors, administrators and its permittedassignees&

$hereas the above mentioned contractor as engaged by the "ompany to execute -ob

covered under the company.s $or/s 0rder 1o& -.0000-02/10 dated 22"11"201-on theterms and conditions stipu%ated therein&

$hereas, Tata Stee% )td, has ensured the -ob entrusted to the contractor vide or/2order no& & -.0000-02/10 dated 22"11"201-to its satisfaction&

$hereas, the fo%%oing persons have stood security to this indemnity bond&

3& Sri Sanay hosh, M/s Sa'ar n'ineerin' , *amshed+ur

*& Sri A"3"u+ta , M/s ast India letrial , *amshed+ur

In the event of any %oss to the company, the aforesaid sureties i%% be %iab%e to ma/e2up the%osses of the company&$hereas, the company having ensured that the contractor has comp%ied ith a%% the statutory

ob%igations under %abour %as has agreed to issue ages c%earance certificate&

$hereas, the contractor has comp%eted the -ob on -0"0-"201!app%ied to the company forages c%earance certificate&

In pursuance of above, I Hemant u+ta authori'ed representative of the contractor hereby

affirm and dec%are as fo%%os43& That the contractor has paid a%% the dues to its %abour and other statutory %evies to

the 5overnment and there is no outstanding due to any of the party i&e& %abour,statutory %evies of the 5overnment or to the "ompany&

*& The contractor a%so underta/es that in the event of any c%aim made by its emp%oyee

for payment of unpaid ages such as sa%ary 6 %eave 6 ages 6 78 6 95 6 ESI or any

outstanding dues in regard to aforesaid contract aarded by the company , thecontractor sha%% reimburse to the "ompany such %ost amount as the "ompany is

re:uired to pay&;& The contractor a%so underta/es to /eep the "ompany fu%%y indemnified and free

from a%% c%aims and demands and a%% actions and proceedings initiated against thecompany in respect of the aforesaid $or/ 0rders&

In itness here2off , I Hemant u+ta on beha%f of the contractor has executed this

Indemnity bond on this 05th day of Mar 2016mentioned above&

Signature of the competent person of the contractor ith sea%&Sureties4

3& San-ay 5hosh

*&


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indemnity bond final - for merge.doc

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