Assets Transfer Agreement.docx
AssetsTransferAgreementthisassetstransferagreement('thisagreement')ismadebetweenandbythefollowingpartiesinbeijingon,(m,d,y).partya:aaaco.,Itd.address:partyb:bbbco”ltd.address:whereaspartyaagreestoassigntopartybtheassetsconcernedtopartybandpartybagreestoacceptthesaidassets;therefore,thepartiesreachthefollowingagreementthroughfriendlyconsultations:article1partyaagreestoassigntheassetslistedinattachmentiofthisagreement,andpartybagreestoaccepttheforegoingassets.article2thepartiesagreethatpartyawillcompletealltheproceduresnecessaryforthetransferoftheassetslistedinattachmentiheretofrompartyatopartybwithinuponexecutionofthisagreement(excludingthedayofexecutionforthisagreement),whichincludebutarenotlimitedtothehand-overofcertificationofownershipforsuchassetsandthehandlingofregistrationprocedures(ifapplicable).article3partybwillpaypartyaanassignmentfeeoffortheassetsassignedbypartya.article4thepartiesagreethatthetitleoftheassetslistedinattachmentiheretowillbetransferredtopartybontheuponexecutionofthisagreement,partyashallberesponsibleforalltheliabilitiesandrisksinvolvingthetitletransferoftheassetslistedinattachmentiheretopriortosuchtransfer(nomattersuchliabilitiesandrisksareclaimedbeforeorafterthetransferofsuchtitle),forwhichpartybshallbearnoliabilitiesandobligations,incasepartybdoesnotreceivetheforegoingassetswithinuponexecutionofthisagreement,partyashallcompensatein.article5representationandguarantee5.1partyrepresentsandguaranteesasfollows:(八)partyaisacompanyincorporatedandvalidlyexistingpursuanttotheChineselaws;(b)byexecutingandperformingthisagreement,partyadoesnotviolatetherelevantlawsandcontractsthathaveabindingforceonit,andhasobtainedtheproperauthorizationandallthenecessaryapprovalofexecutingandperformingthisagreement;and(c)partyaisentitledtotheownershipoftheassetslistedinattachmentiheretoandhasnotplacedmortgageoranythirdparty'sinterestsagainstsuchownership,nordoesitimposeanyobstacletopartybfortheobtainmentofthetitleofsuchassets.5.2partybrepresentsandguaranteesasfollows:(八)partyaisacompanyincorporatedandvalidlyexistingpursuanttotheChineselaws;and(b)byexecutingandperformingthisagreement,partybdoesnotviolatetherelevantlawsandcontractsthathaveabindingforceonit,andhasobtainedtheproperauthorizationandallthenecessaryapprovalofexecutingandperformingthisagreement.article6liabilityforbreachofagreement6.1ifonepartytothisagreement('thebreachingparty')failstoimplementitsobligationsunderthisagreement(includingviolationoftheprovisionsinvolvingrepresentationandguarantee),andfailstoadopteffectivemeasurestocorrectsuchviolationwithinuponreceiptofawrittennoticebytheotherparty('thenon-breachingparty')forsuchcorrectionwithinthestipulatedtime,thenon-breachingpartyhastherighttoterminatethisagreementandclaimcompensationfromthebreachingpartyforthelossessustainedtherefrom.6.2ifpartyaviolatestheprovisionsofarticles2and5ofthisagreement,partybhastherighttoseekreturnofallthepaymentandapenaltyequaltoofthetotalpricefrompartya.article7settlementofdisputeanydisputearisingoutoforinconnectionwiththisagreementshallbesettledbythepartiesthroughconsultations,ifitcannotbesettledthroughconsultations,anypartymaysubmitthesaiddisputetochinainternationaleconomicandtradearbitrationcommissionforarbitrationinbeijingaccordingtoitsvalidrulesofarbitration,thearbitrationawardisfinalandshallbebindingovertheparties.article8forcemajeureaforcemajeureeventreferstoanyeventthatcannotbeforeseenanditsoccurrenceandconsequencescannotbeavoidedorovercomeatthetimewhenthisagreementisexecuted,anypartytothisagreementshallnotbeartheliabilitiesforbreachofthisagreementifitispreventedfromimplementingalloranypartoftheresponsibilitiesassociatedwiththeprovisionsofthisagreement,thepartythatisaffectedwithsuchaforcemajeureeventshallnotifytheotherpartyoftheeffectsofsucheventwithinafteritsoccurrence,andpresentcertificationbythelocalnotarizationorgan.article9transferofagreementnopartyshalltransferitsrightsandobligationsunderthisagreementtoanythirdpartyunlessconsentedbytheotherpartyinwriting.articleIOseparabiIityofagreementifanyarticleorsectionofthisagreementbecomesinvalidorunenforceable,itwillnotaffectthevalidityandenforceabilityofotherarticlesorsections.article11amendmentandsupplementofagreementthepartiesmayamendorsupplementthisagreementinwriting,theamendmentandsupplementtothisagreementshallconstituteaninseparablepartofthisagreementandbeequallyauthentictothisagreement,article12miscellaneous12.1thisagreementshallcometoforceuponexecutionbytheauthorizedrepresentativesofthepartiesandfixationoftheirofficialsealsasofthedatefirstseeninthisagreement.12.2thisagreementhastwooriginalcopies,ofwhicheachpartyholdsone,andtheyareequallyauthentic,partya:aaaco.zltd.(officialseal)authorizedrepresentative:(signature)partyb:bbbco.,Itd.(officialseal)authorizedrepresentative:(signature)translationverificationtheforegoingrepresentsafairandaccurateenglishtranslationoftheoriginalChinesedocument.dated:r,(m,d,y)by:name:title:attachmentilistofassetsforassignment