Assignment of Assets
Docstoc Legal Agreements
This Assignment of Assets is an Agreement whereby the Assignor assigns
and transfers to Assignee all of Assignor's rights and interests in and to the
within described property and assets.
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ASSIGNMENT OF ASSETS
THIS ASSIGNMENT OF ASSETS AGREEMENT is made this ____ [Day] of ____
[Month], 20____, by and between ___________________________ [Instruction: Insert the
name of stockholder] (hereinafter referred to as the "Stockholder") and
_________________________ [Instruction: Insert the name of the company], a company
established under the laws of Pennsylvania located at _____________________________
[Instruction: Insert the address of the company] (hereinafter referred to as the "Company").
WHEREAS, the Company was lawfully formed by Articles of Incorporation filed with the
Secretary of State of Pennsylvania; and
WHEREAS, certain assets must be lawfully transferred to the Company so the Company may
be capitalized; and
WHEREAS, the Stockholder wishes to transfer and the Company wishes to acquire certain
assets, as specified in Exhibit A, attached; and
IT IS HEREBY AGREED, for and in consideration of the mutual covenants and agreements
hereinafter entered into, as follows:
1. The Stockholder herewith transfers and assigns to the Company those assets specified in
Exhibit A, attached.
2. The Company herewith issues to the Stockholder ____________________________
[Instruction: Insert the number of shares issued] shares of stock in the Company, par
value ________ ($___) [Instruction: Insert the value per share, e.g., Five hundred dollars
($500)] per share, in consideration of the abovementioned transfer and assignment of assets.
Stockholder’s Printed Name
Company Representative’s Printed Name
Company Representative’s Signature
Witness #1’s Printed Name
Witness #1’s Signature
Witness #2’s Printed Name
Witness #2’s Signature
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