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
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.
Find A LawyerFinding a lawyer couldn't be easier! To locate a lawyer in your area choose your state, then your city and then choose a type of law relevant to your situation.