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