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ASSIGNMENT OF CONTRACT

FOR good and valuable consideration, the undersigned Assignor hereby assigns, transfers and sets over to ___________________ (Assignee) all rights, title and interest held by Assignor in

and to the following described contract:

 

 

 

Assignor warrants and represents that said contract is in full force and effect and

is fully assignable.

Assignee hereby assumes and agrees to perform all the remaining and executory

obligations of Assignor under the contract and agrees to indemnify and hold Assignor harmless from any claim or demand resulting from non-performance by Assignee.

Assignee shall be entitled to all monies remaining to be paid under the contract.

Assignor warrants that the contract is without modification, and remains on the terms contained therein.

Assignor further warrants that it has full right and authority to transfer said contract and that the contract rights transferred are free of lien, encumbrance or adverse claim.

This assignment shall be binding upon and inure to the benefit of the parties, their

successors and assigns.

Signed this ____ day of ______________, 20__.

 

____________________________

Assignor

 

____________________________

Assignee

 

Warning:

These forms are provided AS IS. They may not be any good. Even if they are good in one jurisdiction, they may not work in another. And the facts of your situation may make these forms inappropriate for you. They are for informational purposes only, and you should consult an attorney before using them.

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