Assignment of Membership Interest in Waterside at Highland Park, LLC by Century Communities Colorado, LLC to Dale Francescon and Robert J. Francescon
Century Communities Colorado, LLC is transferring its entire ownership interest in Waterside at Highland Park, LLC to Dale Francescon and Robert J. Francescon, each receiving a 50% share, on behalf of Daro Ventures, LLC and Daro Ventures II, LLC. The agreement confirms that Century Communities Colorado, LLC owns the full membership interest being assigned. The assignment is effective as of December 31, 2012, and is binding on all successors and representatives of the parties involved.
Exhibit 10.17
ASSIGNMENT OF INTEREST
IN
WATERSIDE AT HIGHLAND PARK, LLC
CENTURY COMMUNITIES COLORADO, LLC, a Colorado limited liability company (“Assignor”), hereby conveys, transfers, and assigns to Dale Francescon and Robert J. Francescon (collectively, “Assignee”), on behalf of Daro Ventures, LLC and Daro Ventures II, LLC, Assignor’s entire interest (the “Assigned Interest”) in Waterside at Highland Park, LLC, a Colorado limited liability company (“Waterside”). The conveyance, transfer and assignment shall be 50% to Dale Francescon and 50% to Robert J. Francescon. In connection with such assignment, Assignor and Assignee agree as follows:
Assignor hereby represents and warrants to Assignee that as of the execution of this Assignment by the two parties, that Assignor owns the entire membership interest in, to and of Waterside.
This Assignment shall be binding upon and inure to the benefit of the successors, assignees, personal representatives, heirs and legatees of all the respective parties hereto.
This Assignment may be executed in any number of counterparts, each of which shall be considered an original for all purposes, and all of which when taken together shall constitute a single counterpart instrument. Executed signature pages to any counterpart instrument may be detached and affixed to a single counterpart, with such single counterpart with multiple executed signature pages affixed there to constituting the original counterpart instrument. All of those counterpart pages shall be read as though one, and they shall have the same force and effect as if all the signers had executed a single signature page.
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This Assignment is effective as of the 31st day of December, 2012.
| ASSIGNOR |
| CENTURY COMMUNITIES COLORADO, LLC |
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| Dale Francescon, CO-CEO |
| ASSIGNEE |
 |
| Dale Francescon |
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| Robert J. Francescon |
