ASSIGNMENT OF ASSETS
This agreement is made and entered into this ___ day of ______________, 20__, by and between ___________________ (Stockholder) and _________________________, Inc. (Corporation).
WHEREAS, on the ____ day of ______________, 20__, Corporation was formed by Articles of Incorporation filed with the Secretary of State of _________________________, and WHEREAS, it is necessary to transfer certain assets into the Corporation in order to capitalize the Corporation; and WHEREAS, Stockholder is desirous of transferring to the Corporation certain assets shown on the attached Exhibit "A," and the Corporation is desirous of acquiring said assets. NOW, THEREFORE, for and in consideration of the mutual covenants and agreements entered into, it is agreed as follows: Stockholder does hereby transfer and assign those assets listed on the attached Exhibit "A" to Corporation. In consideration for said transfer Corporation issues to Stockholder _________________ ( ) shares of stock in the Corporation, with a par value of $ ______________ per share. DATED this _____ day of _________________, 20 .
____________________________ ,Stockholder ____________________________ President of Corporation