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DEED OF ASSIGNMENT Draft

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DEED OF ASSIGNMENT

KNOW ALL MEN BY THESE PRESENTS:

This DEED OF ASSIGNMENT is executed on this ______ day of __________ 2019 in


the City of _______________, Philippines, by and between:

[NAME], Filipino, of legal age, with postal address at [ADDRESS], and hereinafter
referred to as the “ASSIGNOR”

-And-

[NAME], Filipino, of legal age, with postal address at [ADDRESS] and hereinafter
referred to as the “ASSIGNEE”

WITNESSETH:

WHEREAS, the ASSIGNOR is the owner of __________________________ (______)


common shares ("SHARES," for short) with a par value of One Hundred Pesos (Php 100.00) in
[COMPANY NAME], a corporation duly organized and existing under the laws of the
Philippines and with business address at [ADDRESS];

WHEREAS, the ASSIGNOR is willing to assign and the ASSIGNEE is willing to accept
all of the ASSIGNOR’s _______________________________ (______) SHARES by way of
this instrument;

NOW, THEREFORE, for valuable consideration of


________________________________ Pesos (PHP 00,000.00), the ASSIGNOR does hereby
assign, cede, transfer and convey in a manner that is absolute and irrevocable the SHARES unto
the ASSIGNEE, free from all liens and encumbrances, and the ASSIGNEE accepts the same.

Any and all expenses incidental to the conveyance and registration of the transfer from
the name of the ASSIGNOR to the name of the ASSIGNEE, such as documentary stamp tax,
transfer fees, registration expenses and the like shall be the sole and exclusive account of the
ASSIGNOR.

The Corporate Secretary of [COMPANY NAME] is hereby directed and authorized to


effect the transfer of the _____________________________________ (______) SHARES
subject of this deed in favor of the ASSIGNEE.

IN WITNESS WHEREOF, the undersigned ASSIGNOR and ASSIGNEE have affixed


their respective signatures this _____ day of _________ 2019 at __________________,
Philippines.

[NAME] [NAME]
Assignor Assignee

Signed in the presence of:

________________________ _________________________
ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES}


}S.S.

BEFORE ME, a Notary Public for and in the City of __________, Philippines this
_____ day of __________ 2019, personally appeared:

Name TIN No. Date/Place Issued

NAME _________________
NAME _________________

known to me to be the same persons who executed the foregoing instrument and acknowledged
to me that they executed the same as their free and voluntary act and deed for the uses and
purposes therein set forth.

I further certify that the foregoing instrument consist of two (2) pages including this page;
that it relates to a Deed of Assignment; and that the parties and their witnesses have signed on
the margin of each and every page thereon.

IN WITNESS WHEREOF, I have hereunto set my hand and affixed my notarial seal on
the date and place first above written.

Doc. No. ______;


Page No. ______;
Book No.______;
Series of 2019.

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