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POWER OF ATTORNEY <br /> Know all Men by These Presents that the National Guaranty <br /> Insurance Company, 199 Main Street, Burlington, a Vermont <br /> Corporation (the "Corporation") , has constituted and appointed and <br /> does hereby constitute and appoint Malcolm Cutts-Watson, Julie <br /> Boucher, Karen Liebel and Lisa Paradis of Burlington, Vermont each <br /> its true and lawful Attorney-in-Fact to execute under such <br /> designation in its name and to affix its corporate seal to deliver <br /> for and on its behalf as surety thereon or otherwise, bonds of any <br /> of the following classes, to-wit: <br /> 1. Surety bonds to the United States of America or any <br /> agency thereof, including lease and miscellaneous <br /> surety bonds required or permitted under the laws, <br /> ordinances or regulations of any State, City, Town, <br /> Village, Board or any other body or organization, <br /> public or private. <br /> 2 . Bonds on behalf of contractors in connection with <br /> bids, proposals or contracts. <br /> The foregoing powers granted by the Corporation shall be <br /> subject to and conditional upon the written direction of any <br /> officer (or any designee of any such officer) to execute and <br /> deliver any such bonds. <br /> IN WITNESS WHEREOF, the Corporation has caused these presents <br /> to be signed by its Vice President/Underwriting and its Assistant <br /> Secretary, and its corporate seal to be hereto affixed this <br /> 15th day of May 19 90 <br /> Witness: National Guaranty Insurance Company <br /> As- i-j•nt Icretary Vice President/Und rwriting <br />