Assignment Of Contract Agreement (Page 2 of 2) in pdf

Assignment Of Contract Agreement Page 2

6. Indemnification and Hold harmless. Assignee agrees to indemnify and hold

Assignor harmless for any debts or obligations that may arise from the Contract and completely

assumes Assignor=s rights and duties under the Contract.

7. Miscellaneous

Successors and Assigns. All of the terms and conditions of this

Agreement are hereby made binding on the successors and permitted assigns of both parties

hereto.

Governing Law. THIS AGREEMENT SHALL BE GOVERNED BY

AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF xxxxxx.

Attorneys' Fees. In the event that a legal action is brought to enforce the

terms of this Agreement, the prevailing party shall be entitled to collect its costs of court,

including reasonable attorneys' fees.

d..

Interpretation. The parties acknowledge that each party and its counsel

have reviewed this Agreement and that the normal rule of construction to the effect that any

ambiguities are to be resolved against the drafting party shall not be employed in the

interpretation of this Agreement or any amendments of exhibits hereto.

Amendments. No modification or amendment of this Agreement shall be

effective unless made in writing and executed by both Assignor and Assignee. In the event any

approval or consent is required pursuant to any provision of this Agreement, such approval or

consent shall be deemed given only if it is in writing, executed by the party whose approval or

consent is required.

Further Documents. Both parties shall execute such documents hereafter

from time to time as may be required to carry out the respective obligations of the parties

hereunder.

IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date

first written above.

ASSIGNOR:

ASSIGNEE:

________________________________

______________________________

By:

Its:

Date: _______________

Assignment of Contract

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Assignment Of Contract Agreement Page 2