FMC-69A Optional Rider for Additional NVOCC Financial Responsibi

Optional Rider for Additional NVOCC Financial Responsibility for
Group Bonds
Form FMC-69A
FEDERAL MARITIME COMMISSION
Optional Rider to Form FMC–69

The undersigned [________________________], as Principal and [____________________],
as Surety do hereby agree that the existing Bond No. [______] to the United States of America
and filed with the Federal Maritime Commission pursuant to section 19 of the Shipping Act of
1984 is modified as follows:
1. The following condition is added to this Bond:
a. An additional condition of this Bond is that $ [_________](payable in U.S. Dollars or
Renminbi Yuan at the option of the Surety) shall be available to any NVOCC enumerated in an
Appendix to this Rider to pay any fines and penalties for activities in the U.S.-China trades
imposed by the Ministry of Communications of the People's Republic of China (“MOC”) or its
authorized competent communications department of the people's government of the province,
autonomous region or municipality directly under the Central Government or the State
Administration of Industry and Commerce pursuant to the Regulations of the People's Republic
of China on International Maritime Transportation and the Implementing Rules of the
Regulations of the PRC on International Maritime Transportation promulgated by MOC Decree
No. 1, January 20, 2003. Such amount is separate and distinct from the bond amount set forth
in the first paragraph of this Bond. Payment under this Rider shall not reduce the bond amount
in the first paragraph of this Bond or affect its availability. The Surety shall indicate that
$21,000 is available to pay such fines and penalties for each NVOCC listed on appendix A to
this Rider wishing to exercise this option.
b. The liability of the Surety shall not be discharged by any payment or succession of payments
pursuant to section 1 of this Rider, unless and until the payment or payments shall aggregate
the amount set forth in section 1a of this Rider. In no event shall the Surety's obligation under
this Rider exceed the amount set forth in section 1a regardless of the number of claims.
c. This Rider is effective the [_________] day of [____________], 200[___], and shall continue
in effect until discharged, terminated as herein provided, or upon termination of the Bond in
accordance with the sixth paragraph of the Bond. The Principal or the Surety may at any time
terminate this Rider by written notice to the Federal Maritime Commission at its offices in
Washington, DC., accompanied by proof of transmission of notice to MOC. Such termination
shall become effective thirty (30) days after receipt of said notice and proof of transmission by
the Federal Maritime Commission. The Surety shall not be liable for fines or penalties imposed
on the Principal after the expiration of the 30-day period but such termination shall not affect

the liability of the Principal and Surety for any fine or penalty imposed prior to the date when
said termination becomes effective.
2. This Bond remains in full force and effect according to its terms except as modified above.
In witness whereof we have hereunto set our hands and seals on this [______] day of
[______________], 200 [______],
[Principal] , By:
[Surety], By:
Privacy Act and Paperwork Reduction Act Notice
The collection of this information is authorized generally by Section 19 of the Shipping Act of
1984, 46 U.S.C. app. 1718.
This is an optional form. Submission is completely voluntary. Failure to submit this form will
in no way impact the Federal Maritime Commission's assessment of your firm's financial
responsibility.
You are not required to provide the information requested on a form that is subject to the
Paperwork Reduction Act unless the form displays a valid OMB control number. Copies of this
form will be maintained until the corresponding license has been revoked.
The time needed to complete and file this form will vary depending on individual
circumstances. The estimated average time is: Recordkeeping, 20 minutes; Learning about the
form, 20 minutes; Preparing and sending the form to the FMC, 20 minutes.
If you have comments concerning the accuracy of these time estimates or suggestions for
making this form simpler, we would be happy to hear from you. You can write to the Secretary,
Federal Maritime Commission, 800 North Capitol Street, NW., Washington, DC 20573–0001
or e-mail: [email protected]

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