Assignment Agreement between Securities Counselors, Inc. and Ryan D. Goulding for XFormity Technologies, Inc. Shares

Contract Categories: Business Finance › Assignment Agreements
Summary

Securities Counselors, Inc. is transferring its right to receive 250,000 shares of XFormity Technologies, Inc. common stock to Ryan D. Goulding. This transfer is subject to court approval in an ongoing legal case. Once approved, Ryan D. Goulding will own the shares. The agreement is effective as of June 27, 2014, and both parties agree to take necessary steps to complete the transfer.

Read More Arrow
EX-10.5 6 exhibit105.htm RYAN D. GOULDING ASSIGNMENT Converted by EDGARwiz

EXHIBIT 10.5


ASSIGNMENT


FOR VALUE RECEIVED, Securities Counselors, Inc., an Illinois Professional Corporation, attention Randall S. Goulding, 1333 Sprucewood Deerfield, IL 60015 (“Assignor”) hereby assigns and otherwise transfers to Ryan D. Goulding (“Assignee”) all rights, title and interest held by Assignor in and to the Assigned Property, described as follows:


the right to receive 250,000 shares of XFormity Technologies, Inc. (“XFormity”) common stock (the “Assigned Property”).

This Assignment shall become effective as of the date below and shall be binding upon and inure to the benefit of the parties, their successors and assigns, subject to the approval of the Court the case of Securities Counselors, Inc. vs. XFormity Technologies, Inc., Case No. 14 AR 588, in The Circuit Court For The 19th Judicial Circuit Lake County, Waukegan, Illinois (the “Litigation”), in which event the Assignee shall be vested in ownership of such Assigned Property and title thereto. The Assignor agrees to take the necessary steps to cause such Assigned Property to be Retitled to the Assignee.

Assignor:

Securities Counselors, Inc.:


By:

Randall S. Goulding, President


Accepted by Assignee:


By:

Ryan D. Goulding


Dated: As of June 27, 2014