91744v2
PARTIAL CONDITIONAL WAIVER OF LIEN
Our contract with <<<name of company>>> to furnish <<<general description of
work/material furnished. Eg. Concrete work and related items. Eg. Aggregate
materials>>>to <<<MDOT>>> Project No. <<<MDOT Contract ID Number>>> has
been partially paid and satisfied in the amount of $<<<amount of payment for which
waiver is being given>>>with respect to our rights under the Payment / Lien Bond
covering said Project and our rights to pursue payment under the Payment/Lien Bond
No.
issued by <<<name of prime contractor>>> as principal and
<<<name of payment bond surety>>> as surety, together with any rights, demands, or
causes of action we may have against <<<name of prime contractor>>> or <<<name
of payment bond surety>>> are hereby waived and released to the extent of said partial
payment of $ <<<amount of payment for which waver is being given>>> and the “Notice
of Lien Claim” (if any) dated ,<<<insert “N/A” if none. Insert date of Notice of Lien Claim
if one has been filed>>> and any subsequent amendment(s) thereto, are hereby
rescinded, waived and released for the amount of $ <<<amount of payment for which
waiver is being given>>> and are hereby amended to reflect only the remaining balance
claimed to be due under our contract in the amount of $<<<remaining balance after
deduction of all partial payments to date>>>.
This waiver is conditioned upon our receipt of payment in the amount of
$ <<<amount of payment for which waver is being given>>>
<TYPE OR PRINT COMPANY NAME>
______________________________
by: <<type or print name>>
its: <<type or print title>>
STATE OF MICHIGAN )
) SS
COUNTY OF )
The signator is known to me and acknowledged the foregoing instrument this
___ day of ________, 20___.
________________________________
____________________, Notary Public
_____________County, Michigan
My commission expires: ___________
Acting In _____________ County