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Official Letter of Credit Must Be on Bank Letterhead LETTER OF CREDIT TO The Commissioners of St. Mary s County Attention Department of Public Works Transportation P. O. Box 508 California MD 20619 DATE L.O. C. EXPIRATION Gentlemen We hereby authorize you to draw on Name and Address of Bank for the account of Name of Permittee/L.O. Official Letter of Credit Must Be on Bank Letterhead LETTER OF CREDIT TO The Commissioners of St* Mary s County Attention Department of Public Works Transportation P. O. Box 508 California MD 20619 DATE L*O. C. EXPIRATION Gentlemen We hereby authorize you to draw on Name and Address of Bank for the account of Name of Permittee/L*O. C. Account Holder Up to the aggregate amount of Dollar Amount Spelled Out. Available by your Draft at sight. Partial draws may be made and they shall reduce equally the aggregate. This Letter of Credit is not transferable or assignable without the written consent of the Undersigned* All Drafts drawn under this agreement shall bear the LETTER OF CREDIT NUMBER and shall be accompanied by the following A Certified Statement that a default has occurred in a certain Public Works Agreement or Grading Agreement or Right of Way Construction Permit concerning Street Name s Station Number s Subdivision Name or Site Description Permit Number if applicable Election District St* Mary s County Maryland. O. Box 508 California MD 20619 DATE L*O. C. EXPIRATION Gentlemen We hereby authorize you to draw on Name and Address of Bank for the account of Name of Permittee/L*O. C. Account Holder Up to the aggregate amount of Dollar Amount Spelled Out. Available by your Draft at sight. C. Account Holder Up to the aggregate amount of Dollar Amount Spelled Out. Available by your Draft at sight. Partial draws may be made and they shall reduce equally the aggregate. This Letter of Credit is not transferable or assignable without the written consent of the Undersigned* All Drafts drawn under this agreement shall bear the LETTER OF CREDIT NUMBER and shall be accompanied by the following A Certified Statement that a default has occurred in a certain Public Works Agreement or Grading Agreement or Right of Way Construction Permit concerning Street Name s Station Number s Subdivision Name or Site Description Permit Number if applicable Election District St* Mary s County Maryland. O. Box 508 California MD 20619 DATE L*O. C. EXPIRATION Gentlemen We hereby authorize you to draw on Name and Address of Bank for the account of Name of Permittee/L*O. C. Account Holder Up to the aggregate amount of Dollar Amount Spelled Out. Available by your Draft at sight. Partial draws may be made and they shall reduce equally the aggregate. This Letter of Credit is not transferable or assignable without the written consent of the Undersigned* All Drafts drawn under this agreement shall bear the LETTER OF CREDIT NUMBER and shall be accompanied by the following A Certified Statement that a default has occurred in a certain Public Works Agreement or Grading Agreement or Right of Way Construction Permit concerning Street Name s Station Number s Subdivision Name or Site Description Permit Number if applicable Election District St* Mary s County Maryland.

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