Fill and Sign the Assignment of Contract with Covenant of Assignee to Perform

Assignment of Contract with Covenant of Assignee to Perform This Assignment is made on the __________________________________ (date), between ________________________________________ (Name of Assignor) of ________________________________________________________________________ ________________________________________________________________________ (street address, city, county, state, zip code) , referred to herein as Assignor, and ___________________________________ (Name of Assignee), a corporation organized and existing under the laws of the state of ___________________________, with its principal office located at ___________________________________________________ ________________________________________________________________________ (street address, city, county, state, zip code) , referred to herein as Assignee. Whereas, Assignor, on ________________________________________ (date), entered into a contract that, upon the terms set forth in the original contract attached to this Agreement, required Assignor to (describe obligations of Assignor) _____________ ________________________________________________________________________________________________________________________________________________________________________________________________________________________ ____________________________________________________________________; and Whereas, the contract is by its terms assignable, and the Assignee desires to acquire the rights and is willing to assume the obligations of the Assignor under the contract; Now, therefore, for and in consideration of the mutual covenants contained in this agreement, and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows: 1. Assignor hereby assigns to the Assignee all Assignor's interest in the contract with ________________________________________ (name of other party to contract being assigned) dated ___________________________________ (date). 2. Assignee hereby assumes and covenants to perform all the obligations of the Assignor under the contract, and guarantees to hold the Assignor harmless from any claim or demand made under the contract. WITNESS our signatures as of the day and date first above stated. ____________________________________ (Name of Assignee) __________________________________ By: ________________________________ (Signature of Assignor) (Signature of Officer) ____________________________________ (Name of Office in Corporation)