This ASSIGNMENT AGREEMENT made this day________ of ______________________, by and between
(Name of Contractor) hereinafter “Assignor”, having its principal office at,
(Address of Contractor)
(Name of Vendor to whom the Contract is being assigned) hereinafter “Assignee”, having its principal
office at _________________________________________________________________________________,
(Address of Assignee)
in consideration of the mutual covenants herein contained and other good and valuable consideration, the
sufficiency of which is hereby acknowledged, witnesseth:
WHEREAS, Assignor entered into a Contract with the State of New Jersey, hereinafter State, identified as
________________________________________________________, hereinafter “Contract”;
(Name of Contract, Contract No.)
WHEREAS, the Contract has an expiration date of ___________, as may be extended as permitted therein;
WHEREAS, Assignor wishes to assign all of its rights and obligations under the Contract to Assignee; and
WHEREAS, the Contract requires the prior written consent of the Director, Division of Purchase and Property,
Department of Treasury, State of New Jersey, for the assignment thereof, See Section 3.11 of the Standard
Terms and Conditions.
NOW THEREFORE, Assignor and Assignee agree as follows:
1. Assignor and Assignee hereby agree that the Assignor shall assign all its right, title, and interest, and
delegate all its obligations responsibilities and duties, in and to the Contract, to Assignee.
2. Assignee hereby accepts the assignment of all of Assignor’s obligations responsibilities and duties under the
Contract and all of Assignor’s right, title and interest in and to the Contract.
3. Notwithstanding the