You are on page 1of 3

DEED OF ASSIGNMENT

KNOW ALL MEN BY THESE PRESENTS:

This DEED OF ASSIGNMENT is made and executed by:

_____________, of legal age, Filipino, with postal address


_________________________., hereinafter called as the “ASSIGNOR”;

- and –

__________________, of legal age, Filipino, with postal address at


__________________________, hereinafter called as the “ASSIGNEE”.

WITNESSETH:

WHEREAS, the ASSIGNOR, is a stockholder of _________________ (hereinafter


referred as the “Corporation”) where he is a registered owner of ___________________
(___________) shares with a par value of One Hundred (Php 100.00) Pesos per share or an
aggregate amount of Two Hundred Thirty Four Thousand Three Hundred (Php 234,300.00)
Pesos, of which he has paid the total amount of _________________________ Pesos
(Php __________) Pesos;

WHEREAS, for valuable consideration, the ASSIGNOR has offered to assign,


transfer and convey unto the ASSIGNEE, his rights and interests to the aforesaid shares
of stock in the Corporation, and which the ASSIGNEE hereby accepts;

NOW THEREFORE, for and in consideration of the amount of


__________________________________ Pesos (Php ______________), receipt of which is
hereby acknowledged by the ASSIGNOR, the ASSIGNOR hereby assigns, transfers and
convey unto the ASSIGNEE all the rights, title, interest and claims in and to the
_____________________________ (_______) shares of the corporation with a par value of
One Hundred (Php 100.00) Pesos per share, with an aggregate value of
________________________ (Php _____________) Pesos, recorded in the name of the
ASSIGNOR, including all the benefits pertaining to said shares, free from all claims,
liens, charges and encumbrances and ASSIGNOR do hereby request the corporation to
cancel the said shares registered in his name and to subsequently record the same in the
name of herein ASSIGNEE with the same force and effect given to and enjoyed by
all existing stockholders of the corporation.

IN WITNESS WHEREOF, the Assignor hereunto set his hand this _____ day of
__________ 2017 at ______________.
ASSIGNOR
TIN
CONFORME:

ASSIGNEE
TIN

SIGNED IN THE PRESENCE OF:

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES )


_____________________________) S.S.

BEFORE ME, a Notary Public for and in ___________, this _____ day of __________,
2017, personally appeared _________________ with _________________ issued to him,
known to me to be the same person who executed the foregoing instrument and he
acknowledge to me that the same is his own free and voluntary act and deed.

This instrument, consisting of two (2) pages including the page on which this
Acknowledgement is written, was signed by the Assignor and his instrumental witnesses
on each and every page thereof and sealed with my notarial seal.

WITNESS MY HAND AND SEAL on the date and place first above-written.

Notary Public

Doc. No. ____;


Page No. ____;
Book No. ____;
Series of 20___.

You might also like