THIS ASIGNMENT OF CONTRACT made [Date] by and between [Name] of [Address], and [Name] of [Address].
For valuable consideration, the parties agree to the following terms and conditions:
1. The Assignor assigns all interest, burdens, and benefits in the following described contract to the Assignee:
This contract is attached to this Assignment and is a part of this Assignment.
2. The Assignor warrants that this contract is in effect, has not been modified, and is fully assignable. If the consent of a third party is necessary for this Assignment to be effective, such consent is attached to this Assignment and is a part of this Assignment. Assignor agrees to indemnify and hold the Assignee harmless from any claim which may result from the Assignor's failure to perform under this contract prior to the date of this Assignment.
3. The Assignee agrees to perform all of the obligations of the Assignor and receive all of the benefits of the Assignor under this contract. Assignee agrees to indemnify and hold the Assignor harmless from any claim which may result from the Assignee's failure to perform under this contract after the date of this Assignment.
4. This Assignment binds and benefits both parties and any successors. This document, including any attachments, is the entire agreement between the parties.
By:______________________ By: _________________________