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Sunday, April 24, 2016

Deed of Assignment of Shares of Stocks Sample Format

Sample Deed of Assignment of shares of stock

DEED OF ASSIGNMENT


KNOW ALL MEN BY THESE PRESENTS:

            This Deed of Assignment is made and entered into by and between the following:

JUAN DELA CRUZ, of legal age, Filipino, single, and a resident of ______________ City, hereinafter referred to as the “ASSIGNOR”;

- and -

PEDRO MANANSALA, of legal age, single, and a resident of ______________ City, hereinafter referred to as the ASSIGNEE;

            WHEREAS, the ASSIGNOR is one of the incorporators and a subscriber of ___________ shares of ABC GROUP OF COMPANIES, INC, with Business Permit No. ___________ and Business ID No. ______________, registered with the Local Government of ______________ City, and with business address at ______________ City;

            WHEREAS, the ASSIGNOR desires to transfer unto the ASSIGNEE, his full subscription and business interest upon payment by the ASSIGNEE of FIVE THOUSAND PESOS (Php 5,000.00), Philippine currency, acknowledged by the ASSIGNOR;
           
NOW THEREFORE, for and in consideration of the foregoing, the ASSIGNOR hereby ASSIGNS, TRANSFERS and CONVEYS unto the ASSIGNEES, the aforesaid subscription and business interest fully and without any reservation.

IN WITNESS WHEREOF, the parties hereunto have set their hands this ____ day of _________________________, in ______________ City, Philippines.


ASSIGNOR:                                     

JUAN DELA CRUZ                                   

ID NO.                                   
Issued on                                
Issued at                                 


ASSIGNEE:

PEDRO MANANSALA
ID No.                                                
Issued on                                            
Issued at ______________ City                                            

Signed in the presence of:


                                                                                                                       


A C K N O W L E D G M E N T

Republic of the Philippines     )
In  the   City of  ______________     ) S.S

            BEFORE ME, a Notary Public for and in the City of ______________, personally appeared JUAN DELA CRUZ and PEDRO MANANSALA, known to me and to me known to be the same persons who executed the foregoing instrument, and they acknowledged to me that the same is their true act and voluntary deed.

            This instrument consisting of two (2) useful pages including the page where this acknowledgement is written, have been signed by the parties and their instrumental witnesses on each and every page hereof.

WITNESS MY HAND AND SEAL this ________________ in ______________ City, Philippines.

           
                                                                                                Notary Public
Doc No. ___;                                                  
Page No. ___;                                                 
Book No. ___;                                                
Series of 2016.                                                           





ASSIGNOR:                                     

JUAN DELA CRUZ                                   

ID NO.                                   
Issued on                                
Issued at                                 


ASSIGNEE:


PEDRO MANANSALA
ID No.                                                
Issued on                                            
Issued at ______________ City                                            

Signed in the presence of: