Deed of Reassignment and Retransfer

Company Letterhead

{{company_name}}

{{company_address}}

Phone: {{phone}}

Email: {{email}}

Website: {{website}}

DEED OF REASSIGNMENT AND RETRANSFER

THIS DEED is made on {{date}}

BETWEEN:

1. {{original_assignee_name}} of {{original_assignee_address}} (hereinafter referred to as "the Assignee"); AND

2. {{original_assignor_name}} of {{original_assignor_address}} (hereinafter referred to as "the Assignor").

RECITALS

A. By an Instrument of Assignment dated {{original_assignment_date}} (hereinafter referred to as "the Original Assignment"), the Assignor assigned to the Assignee all its rights, title, and interest in and to {{description_of_originally_assigned_assets_or_rights}} (hereinafter referred to as "the Assigned Assets").

B. The Original Assignment was entered into as security for the due performance by the Assignor of its obligations under {{description_of_original_agreement_or_debt}} (hereinafter referred to as "the Secured Obligations").

C. The Assignee acknowledges that the Secured Obligations have been duly and fully performed by the Assignor, and the Assignee is no longer required to hold the Assigned Assets as security.

NOW THIS DEED WITNESSETH AS FOLLOWS:

1. REASSIGNMENT AND RETRANSFER

In consideration of the full and final performance of the Secured Obligations, the Assignee, as beneficial owner, HEREBY REASSIGNS AND RETRANSFERS unto the Assignor, absolutely and unconditionally, all its rights, title, and interest in and to the Assigned Assets, to hold the same unto the Assignor for its own use and benefit absolutely.

2. ACKNOWLEDGEMENT

The Assignor hereby acknowledges and accepts the reassignment and retransfer of the Assigned Assets and confirms that it has full and unencumbered title to the same.

WARRANTIES

The Assignee warrants to the Assignor that it has not created or suffered to be created any mortgage, charge, lien, or other encumbrance over the Assigned Assets which is still subsisting at the date of this Deed and has not assigned, transferred, or otherwise disposed of its interest in the Assigned Assets, save for the Original Assignment now being reversed.

INDEMNITY

The Assignor hereby indemnifies and holds harmless the Assignee from and against all claims, demands, liabilities, costs, and expenses which the Assignee may suffer or incur arising out of or in connection with the Assigned Assets from the date of this Deed.

GOVERNING LAW AND JURISDICTION

This Deed shall be governed by and construed in accordance with the laws of {{country_name}}.

The Parties irrevocably agree that the courts of {{country_name}} shall have exclusive jurisdiction to settle any dispute or claim arising out of or in connection with this Deed or its subject matter or formation (including non-contractual disputes or claims).

COUNTERPARTS

This Deed may be executed in any number of counterparts, each of which when executed and delivered shall constitute a duplicate original, but all the counterparts shall together constitute the one agreement.

IN WITNESS WHEREOF

IN WITNESS WHEREOF the parties have executed this Deed the day and year first above written.

SIGNATURE BLOCK

SIGNED, SEALED, AND DELIVERED by

{{original_assignee_name}}

_____________________________

Name: {{assignee_signatory_name}}

Title: {{assignee_signatory_title}}

In the presence of:

_____________________________

Witness Name: {{assignee_witness_name}}

Witness Signature:

SIGNED, SEALED, AND DELIVERED by

{{original_assignor_name}}

_____________________________

Name: {{assignor_signatory_name}}

Title: {{assignor_signatory_title}}

In the presence of:

_____________________________

Witness Name: {{assignor_witness_name}}

Witness Signature: