Assignment of Assets

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.

Talk to a Lawyer

Need a lawyer? Start here.

How it Works

  1. Briefly tell us about your case
  2. Provide your contact information
  3. Choose attorneys to contact you
NEED PROFESSIONAL HELP ?

Talk to an attorney.

How It Works

  1. Briefly tell us about your case
  2. Provide your contact information
  3. Choose attorneys to contact you