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ERHIBIT 5 <br /> character in the locality in which the work is performed, as <br /> determined by the Obligee, or, the State of Illinois Department of <br /> Labor pursuant to 820 ILCS 130�1 et seQ. , and for all material used <br /> or reasonably required for use in the performance of the Contract, <br /> then this obligation shall be void; otherwise it shali remain in <br /> full force and effect. <br /> 1. A claimant is defined as any person, firni or corporation <br /> having contracts with principal or with principal ' s subcontractor <br /> . for labor or materials furnished in the performance of the Contract <br /> on account of which this Bond is given. <br /> 2 . NothinQ in this Bond contained shall be taken �o make the I <br /> Obligee liable to any subcontractor, materialman, or laborer, or to 'I <br /> any other person to any greater extent than it would have been <br /> liable prior to the enactment of an Act entitled 'An Act in <br /> Relation to Bonds of Contractors Entering into Contracts for Public <br /> Construction" , approved June 20, 1931, as amended; provided <br /> further, that any person having a claim for labor an� materials <br /> furnished in the performance of the Contract shall have no right of <br /> action unless he shall have filed a verified notice of such claim <br /> with the Obligee within 180 days after the date of the last item of <br /> work or the furnishing of the last item of materials, which claim <br /> i shall have been verified and shall contain the name and address of <br /> the claimant, the business address of the claimant within the State <br /> of Illinois, if any, or if the claimant be a foreign corporation <br /> having no piace of business within the State the principal place of <br /> LABOR AND MATERIAL <br /> ERHIBIT 5 PAYI�AT BOND — 2 <br />