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Schedule 1 - Parent Company Guarantee74

PARENT COMPANY GUARANTEE

This GUARANTEE is made this day of [year]

BETWEEN []

having its main registered office at: [Enter the address of the “Guarantor”]

(hereinafter called the “Guarantor”)

AND

[Enter name and address of PCT]

(hereinafter called the “PCT”)

WHEREAS

AThe PCT has agreed to enter into a Contract (Ref No [       ])with [Enter name of Contractor] (hereinafter called the “Contractor”) having its main registered office at: [Enter the address of the Contractor] for the provision of Out of Hours Medical Services [and other services] on the basis that the Guarantor shall execute this Guarantee, and the Contract is subject to such alterations and/or additions as may from time to time be agreed by the PCT and the Contractor;

B.The Guarantor has agreed that it shall to the extent hereinafter set forth, guarantee the due performance by the Contractor of its obligations under the Contract.

NOW THEREFORE in consideration of the foregoing and in particular in consideration of the PCT at the request of the Guarantor agreeing to enter into the Contract it is hereby agreed as follows:

1.The Guarantor guarantees the punctual true and faithful performance and observance by the Contractor of its obligations under or in accordance with the Contract and in the event of any breach of the obligations of the Contractor under the Contract then:

(a)the Guarantor shall be responsible for and hereby guarantees the PCT against all losses, damage, costs and expenses which the PCT may incur by reason of such breach except that in no event shall the Guarantor suffer a greater liability for loss, damage, costs or expenses in relation to such breach than the Contractor under the Contract, and

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