SURETY BOND

(To be executed on Non-Judicial Stamped Paper of the value of Rs. 100/-) (Which must be obtained from Multan).

Whereas Mr/Miss/Mrs. ___________________________ Son/Daughter/Wife of

___________________ has been selected as ___________ or/for training, inter alia, on

the terms & conditions specified in the Appendix.

And whereas Mr./Miss/Mrs. ______________________ Son/Daughter/W/O

__________________ has, in consideration of the aforesaid training, offered him self to

stand as surety for fulfillment by the said Mr./Miss/Mrs. _____________________ of the

terms & conditions specified the in appendix.

Now therefore, both trainee and the Surety have agreed to execute this Bond at

Multan on the following terms:-

1) Mr. __________________________________________

S/O __________________________________________

R/O __________________________________________

__________________________________________

Appointed as __________________________________________

Herein after called the trainee; AND

2) Mr. __________________________________________

S/O __________________________________________

R/O __________________________________________

__________________________________________

__________________________________________

‘Surety’, do hereby bind ourselves and each of us and our heirs, executors and

administrators to pay, on demand, to Multan Electric Power Company Limited

(MEPCO), hereinafter called the “MEPCO” the sums indicated in the Appendix in the

events of any violation or non-compliance by the trainee of any terms & conditions

relating to trainee’s training in Pakistan. We do hereby further handover MEPCO our

following immovable property for the satisfaction of surety money + expenses born by

Mepco, in the event of our default in making payment to the Mepco of any sum indicated

in the Appendix.

Details of immoveable property

Trainee’s Property Surety’s Property

________________________ ___________________________

________________________ ___________________________

Attach copies of document/Proof. Attach copies of document/Proof.

We do hereby declare before the Magistrate Ist Class/Government Officer in BPS-18 that

we are solvent and in a position to pay, on demand, to the MEPCO the sum indicated in

the Appendix.

Now, the condition of the above written Bond is that if the trainee shall faithfully and

truly confirm to, and abide by the terms & conditions specified in the Appendix (unless

his services are terminated by the MEPCO on account of ill-Health or for any others

reason whatsoever) the bond shall be void and of no effect, otherwise, the same shall

remain in full force and virtue.

________________________ ____________________________

(Signature of Surety) (Signature of the Trainee)

Name & full address: - Name & full address: -

__________________________ _____________________________

__________________________ _____________________________

__________________________ _____________________________

__________________________ _____________________________

N.I.C No. __________________________ N.I.C No. ______________________________

(Attach copy of NIC) (Attach copy of NIC)

________________________ ____________________________

(Signature of witness) (Signature of witness)

(Name & full address of witness) (Name & full address of witness)

___________________________ _____________________________

___________________________ _____________________________

___________________________ _____________________________

___________________________ _____________________________

N.I.C No. ____________________________ N.I.C No. ______________________________

Relationship of surety to trainee:

“(Signed by the above bounder and the two sureties, conscious of ALLAH’s command

contained in Sura-e-Bani-Israil, Verse 34 that is And Fulfill (Every) engagement for

(Every) engagement will be enquired into on the day of Reckoning).”

Accepted on behalf of the MEPCO.

___________________________

HR & Admn Director MEPCO

TRAINING WITHIN COUNTRY APPENDIX

i) In case the employee resigns or leave MEPCO service at any time after joining or

during the period of his employment/training, he shall defray to the MEPCO the sum of

Rs. ____________ as liquidated damages, in addition to the amount of salary received

by the employee before or during his training plus expenses of his lodging and

boarding, if any, borne by the MEPCO.

ii) In case employee resigns or leave MEPCO service at any time before completion of

01 (One) year service after acceptance of offer of appointment, he shall defray to the

MEPCO the sum of Rs. __________ (Rupees _____________________________) as

liquidated damages.

_________________________ ______________________

(Signature of Surety) (Signature of Trainee)

N.I.C No. ____________________________

Address: ____________________________

____________________________

____________________________