[{"data":1,"prerenderedAt":465},["ShallowReactive",2],{"document-notice-of-assignment-D946":3},{"document":4,"label":24,"preview":11,"thumb":25,"description":5,"descriptionCustom":6,"apiDescription":5,"pages":8,"extension":10,"parents":26,"breadcrumb":30,"related":36,"customDescModule":175,"customdescription":6,"mdFm":176,"mdProseHtml":464},{"description":5,"descriptionCustom":6,"label":7,"pages":8,"size":9,"extension":10,"preview":11,"thumb":12,"svgFrame":13,"seoMetadata":14,"parents":16,"keywords":23},"[DATE] [CONTACT NAME] [ADDRESS] [ADDRESS 2] [CITY, STATE/PROVINCE] [ZIP/POSTAL CODE] SUBJECT: NOTICE OF ASSIGNMENT Dear [Contact name], You are hereby notified that on [DATE] we have assigned and transferred to [SPECIFY] the following [SPECIFY] existing between us: [DESCRIBE]",null,"Notice of Assignment","1",513,"doc","https://templates.business-in-a-box.com/imgs/1000px/notice-of-assignment-D946.png","https://templates.business-in-a-box.com/imgs/250px/946.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#946.xml",{"title":15,"description":6},"notice of assignment",[17,20],{"label":18,"url":19},"Legal Agreements","/templates/business-legal-agreements/",{"label":21,"url":22},"Transfer & Assignment Agreements","/templates/transfer-assignment-agreement/","notice assignment","Notice of Assignment Template","https://templates.business-in-a-box.com/imgs/400px/946.png",[27,17,20],{"label":28,"url":29},"Templates","/templates/",[31,32,33],{"label":28,"url":29},{"label":18,"url":19},{"label":34,"url":35},"Transfers Terminations & Releases","/templates/transfers-terminations-and-releases/",[37,41,45,49,53,57,61,65,69,73,77,81,85,102,117,132,145,158],{"label":38,"url":39,"thumb":40,"extension":10},"Notice of Bulk Transfer","/template/notice-of-bulk-transfer-D1209","https://templates.business-in-a-box.com/imgs/250px/1209.png",{"label":42,"url":43,"thumb":44,"extension":10},"Notice to Account Debtor of Assignment","/template/notice-to-account-debtor-of-assignment-D393","https://templates.business-in-a-box.com/imgs/250px/393.png",{"label":46,"url":47,"thumb":48,"extension":10},"Assignment","/template/assignment-D942","https://templates.business-in-a-box.com/imgs/250px/942.png",{"label":50,"url":51,"thumb":52,"extension":10},"Assignment Agreement","/template/assignment-agreement-D12542","https://templates.business-in-a-box.com/imgs/250px/12542.png",{"label":54,"url":55,"thumb":56,"extension":10},"Assignment for Deed","/template/assignment-for-deed-D974","https://templates.business-in-a-box.com/imgs/250px/974.png",{"label":58,"url":59,"thumb":60,"extension":10},"Assignment of Copyright","/template/assignment-of-copyright-D755","https://templates.business-in-a-box.com/imgs/250px/755.png",{"label":62,"url":63,"thumb":64,"extension":10},"Assignment of Contract","/template/assignment-of-contract-D939","https://templates.business-in-a-box.com/imgs/250px/939.png",{"label":66,"url":67,"thumb":68,"extension":10},"Assignment of Assets","/template/assignment-of-assets-D938","https://templates.business-in-a-box.com/imgs/250px/938.png",{"label":70,"url":71,"thumb":72,"extension":10},"Assignment of License","/template/assignment-of-license-D940","https://templates.business-in-a-box.com/imgs/250px/940.png",{"label":74,"url":75,"thumb":76,"extension":10},"Assignment of Lien","/template/assignment-of-lien-D941","https://templates.business-in-a-box.com/imgs/250px/941.png",{"label":78,"url":79,"thumb":80,"extension":10},"Assignment of Mortgage","/template/assignment-of-mortgage-D1156","https://templates.business-in-a-box.com/imgs/250px/1156.png",{"label":82,"url":83,"thumb":84,"extension":10},"Assignment of Sublease","/template/assignment-of-sublease-D1160","https://templates.business-in-a-box.com/imgs/250px/1160.png",{"description":86,"descriptionCustom":6,"label":87,"pages":88,"size":89,"extension":10,"preview":90,"thumb":91,"svgFrame":92,"seoMetadata":93,"parents":94,"keywords":100,"url":101},"ASSIGNMENT OF LEASE BY LESSEE WITH CONSENT OF LESSOR This Assignment of Lease (the \"Agreement\") is made and effective [DATE], BETWEEN: [YOUR COMPANY NAME] (the \"Assignor\"), a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] AND: [ASSIGNEE NAME] (the \"Assignee\"), an individual with his main address located at OR a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] ASSIGNMENT OF LEASE For value received, Assignor assigns and transfers to Assignee that lease, dated [DATE], executed by assignor as lessee and by [NAME] as lessor, of the following described premises: [DESCRIBE] together with all his right, title, and interest in and to the lease and premises, subject to all the conditions and terms contained in the lease, to have and to hold from [DATE], until the present term of the lease expires on [DATE]. A copy of the lease is attached hereto and made a part hereof by reference. ASSIGNOR WARRANTIES AND REPRESENTATION","Assignment of Lease by Lessee With Consent of Lessor","2",34,"https://templates.business-in-a-box.com/imgs/1000px/assignment-of-lease-by-lessee-with-consent-of-lessor-D1155.png","https://templates.business-in-a-box.com/imgs/250px/1155.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#1155.xml",{"title":6,"description":6},[95,98],{"label":96,"url":97},"Real Estate","real-estate-business",{"label":18,"url":99},"business-legal-agreements","assignment lease by lessee with consent lessor","/template/assignment-of-lease-by-lessee-with-consent-of-lessor-D1155",{"description":103,"descriptionCustom":6,"label":104,"pages":105,"size":106,"extension":10,"preview":107,"thumb":108,"svgFrame":109,"seoMetadata":110,"parents":111,"keywords":115,"url":116},"INTELLECTUAL PROPERTY ASSIGNMENT AGREEMENT This Intellectual Property Assignment Agreement (the \"Agreement\") is effective [DATE], BETWEEN: [YOUR COMPANY NAME] (the \"Assignor\"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] AND: [COMPANY NAME] (the \"Assignee\"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] AND: [COMPANY NAME] (the \"Shareholder\"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] PREAMBLE WHEREAS [YOUR COMPANY NAME] owns all rights in a patent registered with the [COUNTRY] Patent Office under file number [NUMBER], serial number [NUMBER], entitled [SPECIFY] (the \"Patent\"); WHEREAS [YOUR COMPANY NAME] wishes to assign all rights and title in and to the Patent [COMPANY NAME]; WHEREAS the parties wish to enter into this Agreement on the terms and conditions more particularly provided herein. NOW, THEREFORE, in consideration of the above premises and agreements herein contained, the preamble forming an integral part hereof, the parties agree as follows: DEFINITIONS In this Agreement, except where the context or subject matter is inconsistent therewith, the following terms shall have the following meanings: \"Affiliates\" means, with respect to a Party to this Agreement, any person which, directly or indirectly, through one or more intermediaries, controls, is controlled by, or is under common control with such Party. The term \"control\" means possession, direct or indirect, of the powers to direct or cause the direction of the management or policies of a person, whether through ownership of equity participation, voting securities, or beneficial interests, by contract, by agreement or otherwise. \"Agreement\" shall mean this document, the annexed schedules, which are incorporated herein, together with any future written and executed amendments agreed to by the parties. \"Assigned Rights\" shall mean all rights and title in the Patent and all Intellectual Property Rights in the technology described in the Patent, in all countries. \"Improvements\" means innovations, inventions, ideas, designs, concepts, discoveries, techniques, works, processes, formulas, new derived material and modifications related to the Patent, whether or not patentable, copyrightable, or otherwise protectable as trade secrets or under any other intellectual property, conceived, brought to practice or developed by either Party after the date of this Agreement. \"Intellectual Property Rights\" includes all patents, trade marks, service marks, registered designs, integrated circuits topographies, including applications for any of the foregoing, and includes all copyrights, design rights, know-how, confidential information, trade secrets and any other similar rights in [COUNTRY] and in any other countries. \"Patent\" shall mean the patent described in recitals hereof and its counterpart applications in any country, now or thereafter owned by [YOUR COMPANY NAME] or to which [YOUR COMPANY NAME] otherwise acquires rights, including any patent application, divisional, continuation, provisional, reissue, re-examination, extension certificate, registration, renewal, confirmation and national phase entry application related to such Patent. ASSIGNMENT OF PATENT Subject to the terms and conditions contained in this Agreement, [YOUR COMPANY NAME] hereby irrevocably assigns to [COMPANY NAME] all rights and title and any other rights to the Patent as well as all Intellectual Property Rights in the technology described in the Patent, in all countries. The parties hereby recognize that any and all Intellectual Property Rights in any Improvements shall be held by [COMPANY NAME]. The parties hereby recognize that no Intellectual Property Rights are assigned, licensed or otherwise granted under this Agreement, save and except as explicitly stated in this Section 2. COMPENSATION In consideration of the Assigned Rights, [COMPANY NAME] agrees to pay [YOUR COMPANY NAME] the sum of [AMOUNT] (the \"Purchase Price\") payable upon the execution of this Agreement by all of the parties hereto. REPRESENTATIONS AND WARRANTIES The Guarantors represent and warrant on a joint and several basis to [COMPANY NAME] that: the Patent and [COMPANY NAME]'s use of the Patent does not, to the best knowledge of the Guarantors, infringe upon any patent, or any trademark, copyright, trade secret or other Intellectual Property Rights or proprietary right of any third party, and that there is currently no actual or threatened suit against [YOUR COMPANY NAME] by any third party based on an alleged violation of such right, and the Guarantors do not know of any basis for any such action; there are no outstanding assignments, grants, licenses, liens, encumbrances, obligations or agreements (whether written, oral or implied) regarding the Patent; [YOUR COMPANY NAME] has all rights, power and authority required in order to grant the Assigned Rights free and clear of all encumbrances or legal restrictions, in accordance with this Agreement; [YOUR COMPANY NAME] has good and marketable title to the Patent; there is no requirement for [YOUR COMPANY NAME] to obtain any other authorization, consent or approval from any third party as a condition to the enforceability of any provision of this Agreement or the lawful conclusion of the transactions contemplated by this Agreement; Notwithstanding any investigation conducted prior to the execution of this Agreement, and notwithstanding implied knowledge or notice of any fact or circumstance which [COMPANY NAME] may have as a result of such investigation or otherwise, [COMPANY NAME] shall be entitled to rely upon the representations and warranties set forth herein and the obligations of [YOUR COMPANY NAME] hereto with respect to such representations and warranties shall survive the termination of this Agreement for any reason. The Guarantors, on a joint and several basis, shall indemnify and hold [COMPANY NAME] harmless from all losses, liabilities, damages and expenses, including reasonable attorneys' fees and costs (collectively, \"Liabilities\"), that [COMPANY NAME] may suffer to the extent resulting from any claims, demands, actions or other proceedings made or instituted by any third party against [COMPANY NAME] and arising out of the use of the Patent, or related to the breach of any obligation or any representation and warranty under this Agreement, except for Liabilities arising out of the gross negligence or willful misconduct of [COMPANY NAME]. TERM AND TERMINATION This Agreement shall take effect upon the execution hereof by both parties hereto, and, unless sooner terminated as per paragraph 5.2 below, shall remain in effect until the expiration of the Patent. Upon any material breach or default under this Agreement by either Party, the other Party may give notice of such breach or default and, unless the same shall be cured within [NUMBER] days after delivery of such notice, then, without limitation of any other remedy available hereunder, such Party may terminate this Agreement immediately upon delivery of a notice of termination to the other Party at any time thereafter. The termination of this Agreement by either of the Parties shall be subject to all other rights and remedies available to the Parties hereunder or otherwise. NOTICE","Intellectual Property Assignment","7",80,"https://templates.business-in-a-box.com/imgs/1000px/intellectual-property-assignment-D5229.png","https://templates.business-in-a-box.com/imgs/250px/5229.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#5229.xml",{"title":6,"description":6},[112,113],{"label":18,"url":99},{"label":21,"url":114},"transfer-assignment-agreement","intellectual property assignment","/template/intellectual-property-assignment-D5229",{"description":118,"descriptionCustom":6,"label":119,"pages":120,"size":9,"extension":10,"preview":121,"thumb":122,"svgFrame":123,"seoMetadata":124,"parents":126,"keywords":125,"url":131},"NON-DISCLOSURE AGREEMENT (NDA) This Non-Disclosure Agreement (the \"Agreement\") is made and effective [DATE], BETWEEN: [YOUR COMPANY NAME] (the \"Disclosing Party\"), a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] AND: [RECEIVING PARTY NAME] (the \"Receiving Party\"), an individual with his main address located at OR a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] WHEREAS, Receiving Party has been or will be engaged in the performance of work on [DESCRIBE]; and in connection therewith will be given access to certain confidential and proprietary information; and WHEREAS, Receiving Party and Disclosing Party wish to evidence by this Agreement the manner in which said confidential and proprietary material will be treated. NOW, THEREFORE, it is agreed as follows: NON-DISCLOSURE OF CONFIDENTIAL INFORMATION Both Parties understand and agree that each Party may have access to the confidential information of the other party. For the purposes of this Agreement, \"Confidential Information\" means proprietary and confidential information about the Disclosing Party's (or it's suppliers') business or activities. Such information includes all business, financial, technical, and other information marked or designated by such Party as \"confidential\" or \"proprietary.\" Confidential Information also includes information which, by the nature of the circumstances surrounding the disclosure, ought in good faith to be treated as confidential. For the purposes of this Agreement, Confidential Information does not include: Information that is currently in the public domain or that enters the public domain after the signing of this Agreement. Information a Party lawfully receives from a third Party without restriction on disclosure and without breach of a non-disclosure obligation. Information that the Receiving Party knew prior to receiving any Confidential Information from the Disclosing Party. Information that the Receiving Party independently develops without reliance on any Confidential Information from the Disclosing Party. Each Party agrees that it will not disclose to any third Party or use any Confidential Information disclosed to it by the other Party except when expressly permitted in writing by the other Party. Each Party also agrees that it will take all reasonable measures to maintain the confidentiality of all Confidential Information of the other Party in its possession or control. TERM The term of this Agreement is [number] of [years/months] from the date of execution by both Parties. TITLE The Receiving Party agrees that all Confidential Information furnished by the Disclosing Party shall remain the sole property of the Disclosing Party. DISCLAIMER","Non Disclosure Agreement Nda","3","https://templates.business-in-a-box.com/imgs/1000px/non-disclosure-agreement-nda-D12692.png","https://templates.business-in-a-box.com/imgs/250px/12692.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#12692.xml",{"title":125,"description":6},"non disclosure agreement nda",[127,128],{"label":18,"url":99},{"label":129,"url":130},"Confidentiality Agreements","confidentiality-agreement","/template/non-disclosure-agreement-nda-D12692",{"description":133,"descriptionCustom":6,"label":134,"pages":135,"size":9,"extension":10,"preview":136,"thumb":137,"svgFrame":138,"seoMetadata":139,"parents":141,"keywords":140,"url":144},"SERVICE AGREEMENT This SERVICE AGREEMENT (\"Agreement\") is effective [DATE], BETWEEN: [COMPANY NAME] (the \"Contractor\"), a company organized and existing under the laws of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] AND: [COMPANY NAME] (the \"Customer\"), a company organized and existing under the laws of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] (The Contractor and the Customer shall be individually referred to as a \"Party\" and collectively referred to as the \"Parties\", as the context may require). WHEREAS A. Contractor has experience and expertise in [DESCRIBE EXPERIENCE AND SERVICE]. B. Customer desires to have Contractor provide services for them. C. Contractor desires to provide services to Customer on the terms and conditions set forth herein (the \"Services\"). NOW THEREFORE, in consideration of the above recitals, the representations, warranties, and agreements contained in this Agreement and for other good and valuable consideration, the receipt and adequacy of which are now acknowledged, the Parties agree as follows: SERVICES PROVIDED Beginning on upon agreement to this contract, [CONTRACTOR] will provide to [CUSTOMER] the following service (collectively, the /Services\"): Description of the project: [DESCRIBE THE SERVICE REQUIRED]. SCOPE OF WORK Contractor agrees to provide Services pursuant to the Scope of Work set forth in Exhibit A attached hereto (the \"Scope of Work\"). TERM Unless both parties mutually agree on an extension, this contract will automatically terminate on [SPECIFY]. PERFORMANCE The parties agree to do everything possible to ensure that the terms of this Agreement take effect. PAYMENT FOR SERVICES In exchange for the Services rendered, a payment of [SPECIFY] will be made to the Contractor upon completion of the scheduled Services described in this Contract. If an invoice is not paid on the due date, interest will be added to the current balance. These amounts shall be payable, and the Customer shall pay all overdue amounts at the lesser of [SPECIFY] per cent per annum or the maximum percentage permitted by applicable law. Or Customer will pay Contractor as follows: [SPECIFY]. DELIVERY OF SERVICES The Contractor will exercise due diligence in the provision of services. However, the Customer acknowledges that the indicated delivery times and other payment milestones listed in Scope of Work are estimates and do not constitute final delivery dates. SECURITY The Contractor must make reasonable security arrangement to protect Material from unauthorized access, collection, use, alteration or disposal. OWNERSHIP RIGHT The Customer shall hold the copyright for the agreed version of the Services as delivered, and the Customer's copyright notice may be displayed in the final version. All works, ideas, discoveries, inventions, patents, products or other information that may be protected by copyright (collectively, the \"Work Product\" developed in whole or in part by the Contractor in connection with the Services, shall be the exclusive property of the Customer. Upon request, the Contractor shall execute all documents necessary to confirm or perfect the exclusive ownership of the Customer's \"Work Product\". The Contractor retains exclusive rights to pre-existing materials used in the Customer's projects. The Customer shall not have the right to reuse, resell or otherwise transfer material belonging to the contractor or third parties. The Contractor reserves the right to use the finished public product as an example of a product. RETURN OF PROPERTY Upon the expiry or termination of this Agreement, the Contractor will return to the Customer any property, documentation, records or Confidential Information which is the property of the Customer. COMPENSATION For all services rendered by the Contractor under this Agreement, the Customer shall indemnify the Contractor. In the event that the Customer fails to make any of the payments mentioned, the Contractor shall have the right, but shall not be obliged, to exercise any of the following remedies: ","Service Agreement","6","https://templates.business-in-a-box.com/imgs/1000px/service-agreement-D12711.png","https://templates.business-in-a-box.com/imgs/250px/12711.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#12711.xml",{"title":140,"description":6},"service agreement",[142,143],{"label":18,"url":99},{"label":18,"url":99},"/template/service-agreement-D12711",{"description":146,"descriptionCustom":6,"label":147,"pages":120,"size":9,"extension":10,"preview":148,"thumb":149,"svgFrame":150,"seoMetadata":151,"parents":153,"keywords":156,"url":157},"[DATE] [CONTACT NAME] [ADDRESS] [ADDRESS 2] [CITY, STATE/PROVINCE] [ZIP/POSTAL CODE] SUBJECT: LETTER OF INTENT-ACQUISITION OF BUSINESS Dear [CONTACT NAME]: This letter (\"Letter of Intent\") sets forth the basic preliminary terms between the Buyer or his nominee and yourselves regarding the purchase of the [SPECIFY] business (the \"Business\") carried on by yourselves. Except as specifically set forth herein, this Letter of Intent shall not constitute an agreement between the parties and no agreement shall be deemed to exist until execution of a definitive purchase agreement. It is proposed that Buyer will acquire certain assets of the Business which Buyer believes to be necessary to the future of the Business, including the warehouse in [CITY/STATE] in which [COMPANY NAME] the Company has invested [AMOUNT] in cash and which has been financed by a mortgage loan of approximately [AMOUNT] granted by the [SPECIFY COMPANY] [CITY/STATE]. Buyer understands that the said warehouse has no other charges or liabilities affecting it other than the said mortgage loan. Buyer may either purchase the warehouse outright or enter into a lease-purchase or instalment transfer of ownership which is satisfactory to both parties. The gross purchase price for the said warehouse will be [AMOUNT]. Buyer may purchase or lease barrels and other equipment currently owned by the Company which are necessary to operate the Business, on a cash or instalment basis agreeable to both parties. The specific assets to be purchased and the amounts to be paid by Buyer in connection with this transaction remain to be negotiated by the parties. This Letter of Intent also evidences the intentions of the parties with respect to the following agreements: Buyer will enter into a [NUMBER]-year employment agreement with [COMPANY NAME], providing for the Company will be responsible for the purchase of [SPECIFY] for Buyer. The agreement will contain the customary terms and conditions found in employment agreements in similar transactions and will provide for the usual non-competition and non-solicitation covenants to be entered into by the Company in favour of Buyer. It is expressly understood that if the contemplated transaction is consummated, the aggregate amount of commission paid or payable to yourselves (net of reasonable expenses acceptable to Buyer) in respect of all purchases of [SPECIFY] made through you from the date of this Letter of Intent to the date of closing, with the exception of commissions earned on the [NUMBER] truckloads of [SPECIFY] to be delivered to Buyer during the week of [DATE] to [DATE], will be applied against remuneration payable to the Company in the first year of his employment agreement. If the contemplated transaction is not consummated, all such commissions paid or payable will be treated as commissions. Buyer will enter into a [NUMBER]-year employment agreement with [EMPLOYEE NAME], providing for the payment of a gross base salary of [ANNUAL SALARY] per year, to be paid weekly, subject to annual review. [EMPLOYEE NAME] will be President of the Business and the employment agreement will provide for health benefits, automobile, expenses and bonus arrangements","Letter of Intent_Acquisition of Business","https://templates.business-in-a-box.com/imgs/1000px/letter-of-intent_acquisition-of-business-D5197.png","https://templates.business-in-a-box.com/imgs/250px/5197.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#5197.xml",{"title":152,"description":6},"letter of intent_acquisition of business",[154,155],{"label":18,"url":99},{"label":18,"url":99},"letter intent_acquisition business","/template/letter-of-intent_acquisition-of-business-D5197",{"description":159,"descriptionCustom":6,"label":160,"pages":8,"size":9,"extension":10,"preview":161,"thumb":162,"svgFrame":163,"seoMetadata":164,"parents":166,"keywords":173,"url":174},"[DATE] [CONTACT NAME] [ADDRESS] [ADDRESS 2] [CITY, STATE/PROVINCE] [ZIP/POSTAL CODE] SUBJECT: demand for extension of payment date Dear [Contact name], This will acknowledge our telephone conversation of this date. As was stated in our letter dated [Date], we should be receiving our financing by [Date].","Demand for Extension of Payment Date","https://templates.business-in-a-box.com/imgs/1000px/demand-for-extension-of-payment-date-D444.png","https://templates.business-in-a-box.com/imgs/250px/444.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#444.xml",{"title":165,"description":6},"demand for extension of payment date",[167,170],{"label":168,"url":169},"Finance & Accounting","finance-accounting",{"label":171,"url":172},"Administration","business-administration","demand for extension payment date","/template/demand-for-extension-of-payment-date-D444",false,{"seo":177,"reviewer":189,"quick_facts":193,"at_a_glance":195,"personas":199,"variants":224,"glossary":252,"clauses":282,"how_to_fill":323,"common_mistakes":354,"faqs":371,"industries":396,"comparisons":412,"diy_vs_pro":426,"related_template_ids_curated":439,"schema":451,"classification":453},{"meta_title":178,"meta_description":179,"primary_keyword":180,"secondary_keywords":181},"Notice of Assignment Template | Free Word Download","Free notice of assignment template to formally inform a counterparty that contract rights or receivables have been transferred to a new party.","notice of assignment template",[182,183,184,185,186,187,188],"notice of assignment letter","assignment notice template","notice of assignment of contract","notice of assignment of receivables","assignment of rights notice","notice of assignment free download","notice of assignment word template",{"name":190,"credential":191,"reviewed_date":192},"Bruno Goulet","CEO, Business in a Box","2026-05-02",{"difficulty":194,"legal_review_recommended":175,"signature_required":175},"easy",{"what_it_is":196,"when_you_need_it":197,"whats_inside":198},"A Notice of Assignment is a formal letter sent by an assignor (the party transferring rights) to an obligor (the party who owes the performance or payment) informing them that specified rights, obligations, or receivables under an existing contract have been transferred to a new party — the assignee. This free Word download lets you fill in the relevant contract details and deliver a compliant, professional notice in minutes.\n","Use it whenever an assignment of contract rights has occurred and the obligor must be informed — including invoice or receivables factoring, business acquisitions, loan transfers, lease assignments, and IP licensing deals. In many jurisdictions, notice to the obligor is required to make the assignment effective and to protect the assignee's priority position.\n","Identifying details for the assignor, assignee, and obligor; a reference to the original contract being assigned; a clear statement of what rights or obligations are transferred; the effective date; payment redirection instructions where applicable; and a contact block for the assignee.\n",[200,204,208,212,216,220],{"title":201,"use_case":202,"icon_asset_id":203},"Lenders and financiers","Notifying borrowers that a loan or mortgage has been transferred to a new lender","persona-lender",{"title":205,"use_case":206,"icon_asset_id":207},"Accounts receivable factors","Informing debtors to redirect invoice payments to the factoring company","persona-finance-manager",{"title":209,"use_case":210,"icon_asset_id":211},"Business sellers","Assigning existing customer contracts to a buyer as part of a business sale","persona-small-business-owner",{"title":213,"use_case":214,"icon_asset_id":215},"Landlords and property managers","Notifying tenants that a lease has been assigned to a new property owner","persona-landlord",{"title":217,"use_case":218,"icon_asset_id":219},"Legal and contracts teams","Documenting assignment of IP rights, service agreements, or vendor contracts","persona-legal-counsel",{"title":221,"use_case":222,"icon_asset_id":223},"Startup founders","Redirecting vendor or client obligations following a restructuring or acquisition","persona-startup-founder",[225,229,233,237,240,244,248],{"situation":226,"recommended_template":227,"slug":228},"Assigning invoice receivables to a factoring company","Notice of Assignment of Receivables","notice-of-assignment-D946",{"situation":230,"recommended_template":231,"slug":232},"Transferring a commercial lease to a new tenant or buyer","Lease Assignment Agreement","lease-assignment-agreement-D13021",{"situation":234,"recommended_template":235,"slug":236},"Notifying a borrower that their loan has been sold to a new lender","Notice of Assignment of Mortgage","assignment-of-mortgage-D1156",{"situation":238,"recommended_template":50,"slug":239},"Assigning all contracts as part of a full business acquisition","assignment-agreement-D12542",{"situation":241,"recommended_template":242,"slug":243},"Transferring intellectual property rights to a new owner","IP Assignment Agreement","ip-sale-agreement-D964",{"situation":245,"recommended_template":246,"slug":247},"Notifying a service provider that the client entity has changed","Notice of Assignment of Contract","assignment-of-contract-D939",{"situation":249,"recommended_template":250,"slug":251},"Documenting the underlying transfer before issuing the notice","Deed of Assignment","deed-of-sale-and-assignment-lease-D1171",[253,256,259,262,264,267,270,273,276,279],{"term":254,"definition":255},"Assignor","The original party to a contract who transfers their rights or obligations to a third party.",{"term":257,"definition":258},"Assignee","The third party who receives the transferred rights or obligations from the assignor.",{"term":260,"definition":261},"Obligor","The party who owes performance or payment under the original contract and must be notified of the assignment.",{"term":46,"definition":263},"The transfer of contractual rights, benefits, or receivables from one party to another, with or without the transfer of obligations.",{"term":265,"definition":266},"Accounts Receivable Factoring","A financing arrangement where a business sells its outstanding invoices to a third party at a discount in exchange for immediate cash.",{"term":268,"definition":269},"Anti-Assignment Clause","A contract provision that prohibits or restricts one or both parties from assigning their rights without the other party's prior written consent.",{"term":271,"definition":272},"Novation","A three-party agreement that replaces one party to a contract with a new party, extinguishing the original party's obligations entirely — unlike an assignment, which may leave the assignor secondarily liable.",{"term":274,"definition":275},"Effective Date of Assignment","The specific date on which the transfer of rights becomes operative and the obligor must begin performing in favor of the assignee.",{"term":277,"definition":278},"Priority","In the context of competing assignments, the principle determining which assignee has the superior claim — often resolved by who gave notice to the obligor first.",{"term":280,"definition":281},"Consent to Assignment","Written acknowledgment from the obligor confirming receipt of the assignment notice and agreement to perform in favor of the assignee.",[283,288,293,298,303,308,313,318],{"name":284,"plain_english":285,"sample_language":286,"common_mistake":287},"Header and parties block","Identifies the date, the assignor's full legal name and address, and the obligor's full legal name and address at the top of the letter.","[DATE]\n[ASSIGNOR LEGAL NAME]\n[ASSIGNOR ADDRESS]\n\nTo: [OBLIGOR LEGAL NAME]\n[OBLIGOR ADDRESS]","Using a trade name instead of the registered legal entity name. If the entity name on the notice doesn't match the contract, the obligor's accounts payable team may reject or delay acting on it.",{"name":289,"plain_english":290,"sample_language":291,"common_mistake":292},"Subject line referencing the original contract","A brief subject line pinpointing the exact agreement being assigned — including its date and any reference number — so the obligor can locate it immediately.","Re: Notice of Assignment — [AGREEMENT NAME] dated [DATE], Reference No. [CONTRACT NUMBER]","Omitting the original contract date or reference number. Without this, the obligor cannot confirm which agreement the notice relates to, delaying acknowledgment.",{"name":294,"plain_english":295,"sample_language":296,"common_mistake":297},"Statement of assignment","The core paragraph that clearly declares the assignment — who assigned what, to whom, and as of what date.","Please be advised that [ASSIGNOR LEGAL NAME] ('Assignor') has assigned all of its rights, title, and interest in and to the above-referenced agreement to [ASSIGNEE LEGAL NAME] ('Assignee'), effective [EFFECTIVE DATE].","Using vague language such as 'transferred certain rights.' The notice must specify whether all rights, a defined subset, or specific receivables are assigned — ambiguity can defeat the assignment's effectiveness against the obligor.",{"name":299,"plain_english":300,"sample_language":301,"common_mistake":302},"Payment redirection instructions","Directs the obligor to make all future payments or perform all future obligations in favor of the assignee, including updated banking or remittance details.","Effective [EFFECTIVE DATE], all payments due under the Agreement shall be made payable to [ASSIGNEE LEGAL NAME] and remitted to: [BANK NAME], Account No. [ACCOUNT NUMBER], Routing No. [ROUTING NUMBER], Reference: [CONTRACT/INVOICE NUMBER].","Leaving payment instructions in the body of an email rather than in the notice itself. The notice is the operative document — payment details embedded only in a covering email are routinely overlooked or separated from the file.",{"name":304,"plain_english":305,"sample_language":306,"common_mistake":307},"Confirmation that prior payments remain valid","Confirms that any payments the obligor made to the assignor before the effective date of this notice are valid and will not need to be repeated to the assignee.","Payments made to Assignor prior to the date of this Notice shall be deemed valid satisfaction of the corresponding obligations to the extent received before this Notice.","Omitting this clause entirely. Without it, the obligor may worry about double-payment liability, slowing their processing of the notice.",{"name":309,"plain_english":310,"sample_language":311,"common_mistake":312},"Assignor's warranty of authority","A brief statement by the assignor confirming they have the right to make the assignment and that the original agreement is in good standing.","Assignor represents that (i) it has full authority to make this assignment, (ii) the Agreement is in full force and effect, and (iii) no event of default exists as of the date of this Notice.","Skipping this clause when the original contract contains an anti-assignment provision. The notice should reference any consent already obtained to prevent the obligor from disputing the validity of the assignment.",{"name":314,"plain_english":315,"sample_language":316,"common_mistake":317},"Request for acknowledgment","Asks the obligor to confirm receipt of the notice and, if required, to countersign the notice or return a signed consent form.","Please acknowledge receipt of this Notice by signing and returning the enclosed copy or by written confirmation to [ASSIGNEE CONTACT NAME] at [EMAIL ADDRESS] within [X] business days.","Not specifying a deadline or response format. Without a clear instruction, acknowledgment is often delayed indefinitely, creating uncertainty about whether the notice was received.",{"name":319,"plain_english":320,"sample_language":321,"common_mistake":322},"Assignee contact information","Provides the assignee's full contact details — name, address, phone, and email — so the obligor knows exactly who to deal with going forward.","For all inquiries relating to the Agreement after the Effective Date, please contact: [ASSIGNEE CONTACT NAME], [TITLE], [COMPANY], [ADDRESS], [PHONE], [EMAIL].","Listing only an email address. Obligors processing invoices or payments often require a physical address and phone number for their vendor records before they will update payment routing.",[324,329,334,339,344,349],{"step":325,"title":326,"description":327,"tip":328},1,"Identify all three parties with their legal names","Enter the full registered legal names and addresses of the assignor, assignee, and obligor. Check the original contract to confirm exact entity names match.","Mismatched entity names between the notice and the original contract are the single most common reason obligors refuse to act on an assignment notice without further verification.",{"step":330,"title":331,"description":332,"tip":333},2,"Reference the original contract precisely","Fill in the agreement title, execution date, and any internal reference or contract number in the subject line and opening paragraph. If the contract was amended, note the most recent amendment date too.","If you are assigning only specific invoices rather than the entire contract, list each invoice number and amount in a schedule attached to the notice.",{"step":335,"title":336,"description":337,"tip":338},3,"State the scope of the assignment clearly","Specify whether you are assigning all rights, only payment rights, specific receivables, or a defined subset of obligations. Do not use 'certain rights' or other vague language.","If the original contract has an anti-assignment clause, attach a copy of the written consent you obtained from the obligor before issuing this notice.",{"step":340,"title":341,"description":342,"tip":343},4,"Set and confirm the effective date","Enter the date the assignment takes effect. This is typically the date the underlying assignment agreement was signed, not the date the notice is sent.","Send the notice as close to the effective date as possible — a long gap between the assignment date and the notice date can create priority disputes if the assignor also assigns the same rights to a second party.",{"step":345,"title":346,"description":347,"tip":348},5,"Add complete payment redirection details","If the assignment involves payment obligations, include the assignee's full banking details — bank name, account number, routing or sort code, and any required payment reference.","For international payments, include SWIFT/BIC and IBAN codes in addition to domestic routing numbers.",{"step":350,"title":351,"description":352,"tip":353},6,"Send via a trackable delivery method and retain proof","Deliver the notice by email with read-receipt enabled, registered mail, or courier — whichever the original contract specifies for formal notices. Keep a timestamped copy of the transmission.","Check the original contract's 'notices' clause for required delivery methods. Sending by email when the contract requires registered mail can invalidate the notice in a dispute.",[355,359,363,367],{"mistake":356,"why_it_matters":357,"fix":358},"Using vague scope language","A notice that says 'certain rights have been assigned' without specifying which rights leaves the obligor unable to determine what they must do differently, and may not be legally effective.","State the exact rights being assigned — all payment obligations, specific invoice numbers, the entirety of the contract, etc. — in plain, unambiguous terms.",{"mistake":360,"why_it_matters":361,"fix":362},"Ignoring the original contract's anti-assignment clause","Sending a notice without first obtaining required consent from the obligor can make the assignment void or voidable, exposing the assignor to breach-of-contract liability.","Review the original agreement for anti-assignment language before issuing the notice. Obtain written consent from the obligor and reference it in the notice.",{"mistake":364,"why_it_matters":365,"fix":366},"Delaying delivery of the notice after the assignment","In jurisdictions that apply a 'first to notify' priority rule, a second assignee who notifies the obligor before the first assignee has priority over the receivable — even if the first assignment occurred earlier.","Issue the notice on or before the assignment effective date, and use a delivery method that creates a timestamped record of receipt.",{"mistake":368,"why_it_matters":369,"fix":370},"Omitting the assignee's complete contact and payment details","Without full remittance details, the obligor cannot redirect payments and may continue paying the assignor — creating a dispute between assignor and assignee over funds already received.","Include the assignee's name, address, phone, email, and complete banking details directly in the notice body, not just in a covering email.",[372,375,378,381,384,387,390,393],{"question":373,"answer":374},"What is a notice of assignment?","A notice of assignment is a formal written communication sent by an assignor to an obligor informing them that rights, obligations, or receivables under an existing contract have been transferred to a new party — the assignee. It is the mechanism that makes the obligor aware of the transfer and legally obligates them to perform in favor of the assignee rather than the original contracting party.\n",{"question":376,"answer":377},"When is a notice of assignment required?","A notice of assignment is typically required whenever an assignment of contractual rights needs to be binding on the obligor — including accounts receivable factoring, business sales involving contract transfer, loan assignments, lease transfers, and IP licensing deals. In many jurisdictions, an assignment not communicated to the obligor is ineffective against them, meaning they can continue paying the assignor and discharge their obligation validly.\n",{"question":379,"answer":380},"Does a notice of assignment need to be signed?","A notice of assignment does not typically require a signature to be legally effective — it is a notification, not a contract. However, including an authorized signatory from the assignor adds credibility and makes it easier for the obligor to process internally. Some industries and jurisdictions may require a countersignature from the obligor as confirmation of receipt and acknowledgment.\n",{"question":382,"answer":383},"What is the difference between an assignment and a novation?","An assignment transfers rights (and sometimes obligations) from one party to another without necessarily releasing the assignor from liability. A novation is a three-party agreement that substitutes a new party for an original party entirely, extinguishing the original party's obligations. If you need the original party fully released from the contract, you need a novation agreement — not just an assignment notice.\n",{"question":385,"answer":386},"What happens if the original contract has an anti-assignment clause?","If the original contract prohibits assignment without consent, issuing a notice of assignment without first obtaining that consent may make the assignment void or voidable and expose the assignor to a breach of contract claim. You should review the original contract, obtain the obligor's written consent, and reference that consent in the notice before sending it.\n",{"question":388,"answer":389},"Can I assign only part of a contract's rights?","Yes. Partial assignments are common — particularly in receivables financing where only specific invoices are assigned rather than the entire contractual relationship. The notice must clearly identify which rights or receivables are being assigned, ideally by listing invoice numbers, amounts, and due dates in an attached schedule.\n",{"question":391,"answer":392},"What delivery method should I use when sending a notice of assignment?","The original contract's 'notices' clause typically specifies acceptable delivery methods — registered mail, courier, email, or a combination. If the contract is silent, use a method that creates a timestamped record of delivery: registered mail with return receipt, or email with a read-receipt and a follow-up confirmation. Proof of delivery date matters when priority between competing assignments is disputed.\n",{"question":394,"answer":395},"Do I need a lawyer to prepare a notice of assignment?","For straightforward commercial assignments — invoice factoring, standard contract transfers — a well-structured template is generally sufficient. Engage a lawyer when the original contract contains complex anti-assignment provisions, the assignment involves regulated receivables such as healthcare claims or government contracts, or the transaction is part of a larger acquisition where multiple contracts are being assigned simultaneously.\n",[397,401,404,408],{"industry":398,"icon_asset_id":399,"specifics":400},"Financial Services","industry-fintech","Loan sales, mortgage transfers, and receivables factoring routinely require formal assignment notices to obligors to perfect the assignee's security interest.",{"industry":96,"icon_asset_id":402,"specifics":403},"industry-real-estate","Lease assignments and mortgage transfers require written notice to tenants and borrowers so they know where to direct rent payments and mortgage instalments.",{"industry":405,"icon_asset_id":406,"specifics":407},"Professional Services","industry-professional-services","Firms transferring client retainer agreements or vendor contracts during mergers or practice sales must notify clients and suppliers before the assignment is effective.",{"industry":409,"icon_asset_id":410,"specifics":411},"Technology / SaaS","industry-saas","Software licensing agreements and SaaS contracts assigned during acquisitions require notices to customers specifying the new billing entity and support contact.",[413,416,420,423],{"vs":50,"vs_template_id":414,"summary":415},"assignment-agreement-D13517","An assignment agreement is the binding contract between assignor and assignee that creates the transfer. A notice of assignment is the subsequent letter that informs the obligor of the transfer. You need the assignment agreement first to document the deal, then the notice to make it effective against the obligor. Both documents are typically required.",{"vs":417,"vs_template_id":418,"summary":419},"Novation Agreement","D{NOVATION_AGREEMENT_ID}","A novation agreement is a three-party contract that fully substitutes one contracting party for another, releasing the original party from all obligations. A notice of assignment transfers rights to a new party but may leave the assignor secondarily liable. Use novation when the original party needs a complete release; use assignment when only rights need to transfer.",{"vs":250,"vs_template_id":421,"summary":422},"D{DEED_OF_ASSIGNMENT_ID}","A deed of assignment is a formal executed document that transfers title to specific assets — commonly IP rights or real property — under seal. A notice of assignment is the notification step that informs the obligor after the transfer. For asset-level transfers requiring a deed, both documents are used: the deed creates the transfer, the notice enforces it against third parties.",{"vs":280,"vs_template_id":424,"summary":425},"D{CONSENT_TO_ASSIGNMENT_ID}","A consent to assignment is a document signed by the obligor acknowledging the assignment and agreeing to perform in favor of the assignee. A notice of assignment is sent unilaterally by the assignor and does not require the obligor's agreement — only their acknowledgment. Where the original contract requires consent, the consent to assignment must be obtained before the notice is sent.",{"use_template":427,"template_plus_review":431,"custom_drafted":435},{"best_for":428,"cost":429,"time":430},"Standard commercial assignments — invoice factoring, contract transfers in business sales, straightforward lease assignments","Free","10–15 minutes",{"best_for":432,"cost":433,"time":434},"Assignments involving anti-assignment clauses, regulated receivables, or multiple contracts being transferred simultaneously","$150–$400 for a lawyer or contracts specialist review","1–2 days",{"best_for":436,"cost":437,"time":438},"Complex acquisitions, financial institution loan transfers, or assignments subject to specific regulatory notification requirements","$500–$2,000+","3–7 days",[239,440,441,442,443,444,445,446,447,448,449,450],"assignment-of-lease-by-lessee-with-consent-of-lessor-D1155","intellectual-property-assignment-D5229","non-disclosure-agreement-nda-D12692","service-agreement-D12711","letter-of-intent_acquisition-of-business-D5197","demand-for-extension-of-payment-date-D444","acknowledgement-letter-D13437","amendment-to-sales-contract-D1224","asset-purchase-agreement-for-a-retail-business-D931","notice-of-cancellation-of-contract-D450","promissory-note-D434",{"emit_how_to":452,"emit_defined_term":452},true,{"primary_folder":99,"secondary_folder":454,"document_type":455,"industry":456,"business_stage":457,"tags":458,"confidence":463},"transfers-terminations-and-releases","notice","general","all-stages",[455,459,460,461,462],"legal","assignment","contract-transfer","receivables",0.95,"\u003Ch2>What is a Notice of Assignment?\u003C/h2>\n\u003Cp>A \u003Cstrong>Notice of Assignment\u003C/strong> is a formal written letter sent by an assignor to an obligor informing them that specific rights, obligations, or receivables under an existing contract have been transferred to a new party — the assignee. It is the operative step that makes an assignment binding on the obligor: without notice, the obligor can continue performing in favor of the original party and validly discharge their obligations, leaving the assignee with no enforceable claim against them. This free Word download gives you a professionally structured notice you can complete in minutes and send immediately.\u003C/p>\n\u003Ch2>Why You Need This Document\u003C/h2>\n\u003Cp>Failing to send a formal, well-structured notice of assignment can undermine an otherwise valid transfer entirely. If an obligor is never properly notified, payments continue flowing to the assignor, creating disputes between assignor and assignee over funds already received. In jurisdictions that apply a priority-by-notification rule, a competing assignee who notifies the obligor first — even if their assignment came later — can claim superior rights to the receivable. A clear, complete notice delivered promptly closes these gaps: it redirects payment, establishes your priority date, and gives the obligor everything they need to update their records without confusion or delay. This template ensures your notice includes every required element — parties, contract reference, scope of assignment, effective date, and payment instructions — in a format that any accounts payable or contracts team can process immediately.\u003C/p>\n",1779809001605]