DIY Legal Forms

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Assignment of Contract

(Type B)

FOR GOOD AND VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, [Name] of [Address] hereinafter referred to as Assignor, hereby conveys and assign to [Name] of [Address] hereinafter referred to as Assignee, any and all of my[our] ownership rights and interest in the following contract: [enumerate].

Such Assignment of contract being contingent upon the representation of the assignor(s) that the contract is fully assignable, is not for personal services, and has not been terminated.

Upon Assignment, the Assignee shall perform all of the duties of the assignor(s) pursuant to the contract and shall indemnify the assignor(s) from any and all claims arising out of the contract.

Dated:

_________________________

Assignor

________________________

Assignee

*** If Required By State Law ***

This Section for Notary:

Acknowledgment

STATE OF -------)

) ss: [date]

COUNTY OF ------)

On [Date] before me, [Name of Notary], notary, personally appeared [Name of Person(s) Involved], personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.

Witness my hand and official seal.

[signature]

[Name of Notary Public]

My commission expires: [date]

(Seal)