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10. Preservation of the Penal Sum Of Performance Bond. The Owner hereby <br />confirms that GAIC's liability and obligation hereunder shall not extend beyond the penal <br />sum of its Performance Bond. All payments made by GAIC previously, and those made <br />in the future, have been and will be credited against the penal sum of the Performance <br />Bond, less the amount paid to GAIC under the Contract and this Agreement. Neither this <br />Agreement nor any other GAIC act constitutes a waiver of such penal sum or an increase <br />in the liability of GAIC under the Performance Bond. <br />11. Payment Bond and Payment Bond Claims. The Payment Bond shall <br />remain in full force and effect in accordance with its terms and provisions. The total <br />liability of the Surety under the Payment Bond is limited to and shall not exceed the penal <br />sum of the Payment Bond. <br />12. Payment Requisitions. Surety, through its Completion Contractor, shall <br />submit to Owner all information and/or documentation required regarding the work <br />performed under the Contract, to conform and support the requisition process and <br />schedule established under the Contract. Owner recognizes that Surety shall be <br />completing the Remaining Work through the services of the Completion Contractor. <br />Subject to requirements of the Contract Documents, Owner shall accept the Completion <br />Contractor's work, progress of the work, quality of the work, conformance of the work to <br />the requirements of the Contract, payments to others, warranty and maintenance of the <br />work, and all other matters pertinent to the Contract, wherever such representations are <br />required by the Contract, as if those representations had been made by Surety, since <br />Surety may have no personal knowledge of such matters. <br />13. Satisfaction of Surety's Performance Obligation. Surety's satisfaction of <br />its obligations under the Contract, the Bonds and this Agreement or Surety's expenditure <br />of the Performance Bond Penal Sum, whichever comes first, shall satisfy Surety's <br />performance obligations under the Contract, its Performance Bond and this Agreement. <br />Owner represents that Principal would have been required to complete all of its <br />obligations under the Contract had Principal not been declared to be in default and that, <br />prior to the date of this Agreement and other than approved changed orders, Owner had <br />not made any agreement with Principal that any item of work included in the Contract <br />would not have to be performed. <br />14. Notices. All notices and correspondence to Owner, other than routine <br />email correspondence, shall be mailed, with a copy by email, to: <br />Nabil Saba P.E. <br />Executive Director, Public Works Agency <br />City of Santa Ana <br />20 Civic Center Plaza <br />Santa Ana, CA 92702 <br />nsaba&santa-ana.org <br />5 <br />