Assignment of Contract
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ASSIGNMENT OF CONTRACT
FOR VALUE RECEIVED,____________________________, the undersigned Assignor ("Assignor") hereby assigns, transfers and
sets over to ____________________________ ("Assignee") all rights, title and
interest held by the Assignor in and to the following described contract:
The Assignor warrants and represents that said contract is in full force and
effect and is fully assignable.
The Assignee hereby assumes and agrees to perform all the remaining and
executory obligations of the Assignor under the contract and agrees to indemnify
and hold the Assignor harmless from any claim or demand resulting from
non-performance by the Assignee.
The Assignee shall be entitled to all monies remaining to be paid under the
contract, which rights are also assigned hereunder.
The Assignor warrants that the contract is without modification, and remains on
the terms contained.
The Assignor further warrants that it has full right and authority to transfer
said contract and that the contract rights herein transferred are free of lien,
encumbrance or adverse claim.
This assignment shall be binding upon and inure to the benefit of the parties,
their successors and assigns.
Signed this _________ day of ______________________________, 20_____.
____________________________
Assignor's Signature
____________________________
Assignor's Printed Name
____________________________
Assignee's Signature
____________________________
Assignee's Printed Name