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Sale of interest in agency[2] center doc

legal > Forms

Sale of interest in agency. Know all by these presents, that I, _________, of the county of _________ and state of _________, for and in consideration of the sum of one dollar cash in hand paid by _________, receipt of which is acknowledged, and the assumption and agreement to pay on the part of _________, of the accounts, notes and claims owing by the firm of _________, a copartnership composed of _________ and _________, as listed below: _________, Have sold to _________, of the county of _________ and state of _________, all of the interest I have in the insurance business and agency of _________, together with my goodwill to the expirations and business on the books of such business and including all office furniture and fixtures, supplies and equipment situated on the _________ floor of the _________ building in the city of _________, and all the books and records of the business; the principal items of furniture and fixtures and equipment being listed as follows: _________. And I bind myself, my heirs, executors, administrators, and assigns to forever warrant and defend the title to above-described property, accounts, expirations, records and goodwill set out above to the extent of my undivided _________ interest in it to _________, and _________'s heirs, executors, administrators and assigns, against every person lawfully claiming or to claim the same or any part of it. It is understood, however, that by the sale of my interest and good will in the business of _________ that I have the privilege of operating a general insurance business in the city of _________, either alone as an individual or in connection with any other person, firm, partnership, or corporation.
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1/30/2008
English
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