All property of subsidiary. Know all people by these presents, that _________, Inc., a _________ corporation ("seller") and _________, in consideration of $1 and other good and valuable considerations paid by _________, Inc., a _________ corporation ("buyer"), the receipt of which is acknowledged, does grant, sell, assign, transfer, and deliver to buyer the following goods, chattels, and accounts: 1. The entire inventory of seller's subsidiary _________ in _________, _________, as of _________[date]. 2. All furniture, fixtures, equipment, and vehicles of seller's subsidiary _________ as of _________[date]. 3. All accounts receivable of seller's subsidiary _________ as of the close of business on _________[date]. To have and to hold singularly the goods, chattels, and accounts to the buyer, its successors and assigns forever. Seller covenants with buyer that seller is the true and lawful owner of the goods, chattels and accounts, that they are free from all encumbrances and security interests, that seller has good right to sell them; and that seller will warrant and defend them against the lawful claims and demands of all persons. This bill of sale is executed and delivered in conjunction with the closing of the agreement between the parties dated _________. In witness of these things, the parties have set their hand and seal _________[date].