Fill and Sign the Agreement Assign Lease 497330544 Form

Agreement to Assign Lease to Incorporator in Forming Corporation This Agreement is made on this       day of       , 20       , by       , of       , (N ame of Assignor) (Street Address, City, County, State, Zip Code) hereinafter called Assignor, and       of (Name of Assignee)       hereinafter called Assignee, as Incorporator of (Street Address, City, County, State, Zip Code) an organization to be incorporated under the laws of       , that shall (Name of State) have its principal place of business at       . (Street Address, City, County, State, Zip Code) Whereas, Assignor entered into a Lease Agreement dated       , as (Date of Lease) Lessee, with       , of       , (Name of Lessor) (Street Address)       , as Lessor, for premises (the Premises ) described in (City, County, State, Zip Code) Exhibit A attached hereto and made a part hereof; and Whereas, Assignee is in the process of forming a Corporation to be known as       , hereinafter called the Corporation , to conduct the (Name of Corporation) business of       ; and (Describe) Whereas, Assignee desires the use of the Premises leased by Assignor for the operation of the business of the Corporation; Now, therefore, for and in consideration of the mutual covenants contained in this Agreement, and other good and valuable consideration, the parties agree as follows: 1. If Assignee completes the incorporation proceedings as required by law prior to       , Assignor will assign all rights, title, and interest in the Lease Agreement to (Date) Assignee within       days after completion of incorporation and the authorization for (Number) the corporate entity to commence operations. 2. The Assignment will be accepted by Assignee on behalf of the Corporation, and Assignee will reassign the Lease Agreement to the Corporation within       days after assignment (Number) Agreement to Assign Lease Page 1 of 2 to Assignee. The Corporation will subsequently perform all of the terms and conditions of the Lease Agreement that Assignor is obligated to perform, including the payment of all rent required. 3. Assignee, operating as the Incorporator of the Corporation, is fully empowered to enter into contracts on behalf of and to accept rights, duties, and liabilities for the benefit of and to be performed by the Corporation. Assignee, as Incorporator will be jointly and severally liable under the terms of this Agreement if the Corporation is not completed and, as a result, Assignor incurs any damages. 4. If Assignee fails to complete incorporation proceedings prior to       , this (Date) Agreement shall be of no further effect, and Assignor shall then remain liable for all duties and responsibilities under the terms of the Lease Agreement. Witness our signatures this the       day of       , 20       . By: By: (Signature of Assignor) (Signature of Assignee)             (Printed Name of Assignor) (Printed Name of Assignee) Acknowledgments Agreement to Assign Lease Page 2 of 2