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    Assignment of Assets

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    ASSIGNMENT OF ASSETS

    AGREEMENT entered into by and between _______________________________________, hereinafter referred to as "Stockholder" and _______________________________________, hereinafter referred to as "Corporation."

    WITNESSETH:

    WHEREAS, the Corporation was lawfully formed by Articles of Incorporation filed with the Secretary of State of ___________________; and

    WHEREAS, Certain assets must be lawfully transferred to the Corporation so the Corporation may be capitalized; and 

    WHEREAS, Stockholder wishes to transfer certain assets, as specified on Exhibit A, attached, to the Corporation; and

    WHEREAS, the Corporation wishes to acquire certain assets, as specified on Exhibit A, attached, from Stockholder.

    IT IS HEREBY AGREED, for and in consideration of the mutual covenants and agreements hereinafter entered into, as follows:

    1. Stockholder herewith transfers and assigns to the Corporation those assets specified on Exhibit A, attached.
       
    1. The Corporation herewith issues to Stockholder ____________________________ [quantity] shares of stock in the Corporation, par value $_____________________ per share, in consideration of the abovementioned transfer and assignment of assets.

    AGREEMENT made on this ______ day of ____________________,  20_____.
     

    ______________________________
    Stockholder's Printed Name
     
     
    ______________________________
    Stockholder's Signature
     
     
    ______________________________
    Corporation Representative's Printed Name
     
     
    ______________________________
    Corporation Representative's Signature
     
     
    ______________________________
    Witness #1's Printed Name
     
     
    ______________________________
    Witness #1's Signature
     
     
    ______________________________
    Witness #2's Printed Name
     
     
    ______________________________
    Witness #2's Signature
     
     

    Other Forms You May Need

    • General Assignment
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    • Assignment of Contract

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