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DEED OF ASSIGNMENT OF SHARES OF STOCK

  
KNOW ALL MEN BY THESE PRESENTS:

This Deed of Assignment, made and executed this (Date) at (Place), by and between:

(NAME OF ASSIGNOR), of legal age, Filipino, single/married, and resident of (Place of


Residence), and hereinafter referred to as the “ASSIGNOR”;
- in favor of -
(NAME OF ASSIGNEE), of legal age, Filipino, single/married, and resident of (Place of Residence), and
hereinafter referred to as the “ASSIGNEE”.  

WITNESSETH That:

WHEREAS, the ASSIGNOR is a stockholder and holds certain shares of stock of (NAME
OF CORPORATION), a corporation duly organized and existing under and virtue of the laws of
the Republic of the Philippines with office address at (Principal Address of Corporation),
Philippines;

WHEREAS, the ASSIGNOR desires to assign (NUMBER OF SHARES IN WORDS)


(Number of Shares in Figures) of his shares, as well as all his rights and interests accruing
therefrom, in favor of the ASSIGNEE;

WHEREAS, the ASSIGNEE is willing to accept the ASSIGNOR’S aforesaid shares;

NOW, THEREFORE, for and in consideration of the foregoing premises and, for good and
valuable consideration in the amount of (AMOUNT IN WORDS) PESOS (Amount in Figures)
Philippine Currency, the receipt whereof is hereby acknowledged to the full satisfaction of
ASSIGNOR, the ASSIGNOR hereby CEDES, TRANSFERS and CONVEYS, in a manner
absolute, all his rights, interests and title to and in the aforementioned (NUMBER OF SHARES IN
WORDS) (Number of Shares in Figures) common shares of (NAME OF CORPORATION), including
all his rights appurtenant thereto, in favor of the ASSIGNEE and the ASSIGNEE hereby accepts
the same.

       ASSIGNOR hereby agrees to be responsible for any and all costs, expenses, and taxes that
may be due arising out of, in connection with, or as a consequence of the assignment of shares to
ASSIGNEE pursuant to this Deed.

       ASSIGNOR has full, complete and absolute title to the shares, which are valid, fully paid
and non-assessable; and ASSIGNOR transfers title of the shares to the ASSIGNEE free and clear
of any lien, charge, or encumbrances of any nature to any third party.

       ASSIGNOR hereby authorizes the Corporate Secretary of (NAME OF CORPORATION) to


transfer the said shares to the ASSIGNEE on the books of the corporation after payment of the
corresponding taxes and fees.

       IN WITNESS WHEREOF, the parties hereto have hereunto affixed their signatures this
(Date) in (Place), Philippines.

(NAME OF ASSIGNOR)                               (NAME OF ASSIGNEE)


Assignor                                                             Assignee 

Witnesses:   __________________________            __________________________


ACKNOWLEDGMENT

Republic of the Philippines   )


City of ________________   ) S.S.

         BEFORE ME, a Notary Public for and in the City of ____________, this (Date) personally
appeared the following:

                                                           ID No.                        Date/Place of Issue


(Name of Assignor)
(Name of Assignee)

known to me and to me known to be the same persons who executed the foregoing Deed of
Assignment of Shares of Stock, and they acknowledged to me that the same is their own free and
voluntary act and deed.

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

Doc. No. _____;


Page No. _____;
Book No. _____;
Series of _____.

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