UCI CYCLING REGULATIONS  2.13.124 The UCI may call up the bank guarantee in the event of non-payment of fees, expenses,  indemnities, fines and penalties or sentences imposed by or in virtue of the UCI  regulations or related to their application, provided that the guarantee is not exhausted  at the end of its period of validity, where applicable after application of article 2.13.123.  2.13.125 In the event of payment to a creditor or to the UCI from funds obtained from the bank  guarantee, the UCI Women’s WorldTeam shall automatically be suspended if the  guarantee is not fully reconstituted within one month of the request from the UCI to do  so.  2.13.126 When a competent authority pronounces the opening of liquidation or bankruptcy  proceedings against a paying agent, the UCI may release the bank guarantee in favour  of the liquidation or bankruptcy administration, upon request from the competent  authority.  2.13.127 (To be issued by swift: UBSWCHZH12A – by swift MT760)  For the purpose of identification, the BENEFICIARY's demand and supporting statement  must bear or be accompanied by a signed confirmation of one of the GUARANTOR's  Form of Presentation ("FORM OF PRESENTATION"): Paper form or transmitted in full  by authenticated swift through one of the GUARANTOR's correspondent banks. Guarantee amount and currency: [ INSERT AMOUNT & CURRENCY ] (in words:  [ INSERT AMOUNT & CURRENCY ]) ("GUARANTEE AMOUNT") Underlying relationship: The APPLICANT's obligation in respect of the cycling  regulations of the UNION CYCLISTE INTERNATIONALE for the purpose of  guaranteeing, within the limits set in those regulations, the payment of sums due by the  UCI Women’s WorldTeam [ INSERT NAME OF THE TEAM ] (paying agent: [ INSERT NAME OF THE PAYING AGENT ]) to riders and other creditors covered by said  regulations as well as the payment of fees, expenses, indemnities, fines and sanctions  or sentences imposed by or in virtue of the regulations of the UCI or related to their  application. Beneficiary: UNION CYCLISTE INTERNATIONALE, ALLÉE FERDI KÜBLER 12, 1860  AIGLE, SWITZERLAND ("BENEFICIARY") Applicant: [ INSERT NAME & ADDRESS OF THE PAYING AGENT ] ("APPLICANT") Guarantor: [ INSERT NAME & ADDRESS OF THE PAYING AGENT BANK ]  ("GUARANTOR") Guarantee type: Performance bond Bank guarantee model  The part of the blocked funds which, under the agreement reached between the parties  or according to the final judicial or arbitral decision, does not accrue to the creditor, will  be released in favour of the paying agent after having deducted the sums due to the UCI  according to article 2.13.119 and, where applicable, article 2.13.124 and solely after full  reconstitution of the bank guarantee.  In the event of persistent default, the UCI may refer the case to the licence commission  in accordance with article 2.13.066.  E170421  ROAD RACES  154 