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This Deed of Assignment, made and entered this ____ day of ______________, in Quezon
City, Metro Manila, by and between:
and
WITNESSETH: THAT
WHEREAS, the ASSIGNOR is the owner of 1,000 common shares ("SHARES," for short)
with a par value of One Hundred Pesos (P100.00) in _________________, a corporation
duly organized and existing under Philippine law, with business address at
_________________City;
WHEREAS, the ASSIGNOR is willing to assign, and the ASSIGNEE willing to accept, all
of the ASSIGNOR’s 1,000 SHARES by way of this instrument;
NOW, THEREFORE, for valuable consideration, the ASSIGNOR does hereby assign, sell,
cede, transfer, and convey in a manner that is absolute and irrevocable the SHARES unto
the ASSIGNEE, free from all liens and encumbrances. 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 ASSIGNEE, except for
the capital gains tax, if any, which shall be for the sole account of the ASSIGNOR.
_________________ _________________
Assignor Assignee
________________________ __________________________
ACKNOWLEDGEMENT
Republic of the Philippines)
Quezon City, Metro Manila ) S.S.
BEFORE ME, a Notary Public for and in the City of Quezon, Metro Manila,
personally appeared:
_________________
_________________
known to me to be the same persons who executed the foregoing Deed of Assignment,
consisting of two (2) pages, including this page, and they acknowledged to me that they
executed the same as their free and voluntary act and deed.
IN WITNESS WHEREOF, I have hereunto set may hand and affixed my notarial seal this
____ day of __________________.