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Pro Forma Deed of Assignment

The document assigns shares of stock from an Assignor to an Assignee for value. It details that the Assignor currently holds shares in a company and is transferring a portion of those shares to the Assignee, who accepts the assignment. The document is signed by both parties and witnessed to legally assign the stock shares from one party to another.

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jamesethan
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0% found this document useful (0 votes)
256 views

Pro Forma Deed of Assignment

The document assigns shares of stock from an Assignor to an Assignee for value. It details that the Assignor currently holds shares in a company and is transferring a portion of those shares to the Assignee, who accepts the assignment. The document is signed by both parties and witnessed to legally assign the stock shares from one party to another.

Uploaded by

jamesethan
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Page |1

DEED OF ASSIGNMENT
OF SHARE OF STOCK

KNOW ALL MEN BY THESE PRESENTS:

This DEED OF ASSIGNMENT, made and executed this ____ day of


_______________ in ______________________________, by and between:

_____________________, of legal age, __________________, and with residence at


_____________________________, and hereinafter referred to as the “ASSIGNOR”;

-and-

_____________________________, who is also of legal age, ___________________,


and with postal address at , and hereinafter referred to as the “ASSIGNEE”;

(Both of which are hereinafter jointly referred to as the “PARTIES” for brevity)

W I T N E S S E T H : That -

WHEREAS, the ASSIGNOR is currently the holder of ______ common shares


of stock with a par value of ______________________, in ___________________
(hereinafter referred to as “________________” for brevity), a duly organized and
existing corporate entity under Philippine laws located at _______________________;

WHEREAS, in view of the ASSIGNOR’s desire of disposing and/or alienating a


portion (____________) of his afore-stated common shares of stock from _____________,
the ASSIGNOR is hereby assigning and/or transferring the said common share to
the ASSIGNEE for value;

WHEREAS, the ASSIGNEE is ready and willing to accept the assignment,


transfer and/or conveyance in his/her favor and pay its corresponding value;

NOW THEREFORE, the ASSIGNOR hereby ASSIGNS, TRANSFERS, CEDES


and CONVEYS unto the ASSIGNEE named herein for value the OWNERSHIP,
RIGHTS, TITLES AND INTERESTS over _________________________ held by the
ASSIGNOR in ________________ at a par value of ________________________ and
ASSIGNOR hereby warrants that said shares of stock is free from any and all liens
and encumbrances, and the ASSIGNEE, in turn, hereby accepts the said assignment,
transfer and/or conveyance.

IN WITNESS WHEREOF, the PARTIES hereunto have caused this instrument


to be signed on the date and place first written above.
Page |2

ASSIGNOR ASSIGNEE

SIGNED IN THE PRESENCE OF:

_________________________ _____________________________
(Name of Witness) (Name of Witness)

REPUBLIC OF THE PHILIPPINES )


_____________________________ ) S.S.

ACKNOWLEDGMENT

BEFORE ME, a Notary Public for and in _______________________, on this


______ day of ____________________, personally appeared the following persons with
their respective Competent Evidence of Identity as follows:

Names of Parties Competent Evidence of Expiry Date / Date


Executing the Identities/Gov’t IDs &/or Place of
Contract Issuance

Known to me and to me known to be the same persons who executed


the foregoing “Deed of Assignment of Share of Stock”, consisting of Three (3)
Pages, which have been signed on each and every page thereof by the parties
and acknowledged to me that the same is their free and voluntary act and
deed.

WITNESS MY HAND AND SEAL on the date and place above written.
Doc. No. _____;
Page No. _____;
Book No. _____;
Series of 20___.

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