Guarantee contract model

[1] Party A: _________ Party B: _________ To ensure the performance of the _________ year _________ word _________ contract signed by Party A and Party B, the two parties reached the following agreement on the deposit guarantee by consensus: Articles According to the main contract, Party A and Party B shall perform the following obligations: _________. Article 2 Party A shall pay the deposit _________ yuan to Party B within _________ days from the date of signing this contract. Article 3 After the entry into force of this contract, neither Party A nor Party B may change or dismiss it without authorization, unless the parties agree to reach a written agreement. Article 4 After Party A fulfills the main contractual obligations, Party B shall return the deposit or use the deposit to pay Party A's payment to Party B. Article 5 Party A does not perform the main contract and has no right to request the return of the deposit; if Party B fails to perform the main contract, it shall return the deposit twice. The execution of the deposit penalty does not affect the right of any party to claim compensation. Article 6 This contract shall become effective on the date of delivery of the deposit by both parties. Party A: _________ Party B: _________ Legal Representative: _________ Legal Representative: _________ _________ Year ____ Month ____ Day _________ Year ____ Month ____ Day Signing Location: _________ Signing Location: _________