【正文】
this guarantee duly executed by (name of banker:) ____________(hereinafter called the GUARANTOR) who hereby irrevocably and unconditionally guarantees and undertakes to NPOG as follows: i) if the CONTRACTOR shall in any respect fail to execute the CONTRACT or mit any breach of this obligations thereunder the GUARANTOR shall pay to NPOG on first demand without proof or conditions the sum of US. Dollar____________ (USD: ____________) within 14 days after receipt of the said demand not with standing any contestation or protest by the CONTRACTOR or any other third party. ii) The GUARANTOR shall not be discharged or released from this Guarantee by any agreement made between the CONTRACTOR and NPOG with or without the consent of the GUARANTOR or by any alteration in the obligations undertaken by the CONTRACTOR or by any forbearance whether as to payment time, performances or otherwise, or by any change in mane or constitution of NPOG or the CONTRACTOR. iii) This guarantee is continuing security and accordingly shall remain in force until the issuance of the notice for final acceptance of three (3) months after the early termination of the CONTRACT, whichever is earlier.6