Deed of Assignment of Shares VHA-JTual
Deed of Assignment of Shares VHA-JTual
This Deed of Assignment (Deed), made and entered into, by and between:
ROXACO LAND CORPORATION, a corporation organized and
existing under the laws of the Philippines, with principal office at 7/F Cacho-
Gonzales Building, 101 Aguirre St., Legaspi Village, Makati City, Philippines
(referred herein as, Assignee)
and
JOSE MARI G. TUAL, (referred herein as, Assignor)
WHEREAS:
1. Assignor are the absolute legal and beneficial owners of ONE HUNDRED
TWENTY THOUSAND (120,000) common shares of stock of Vanguard
Hospitality Assets (Phils.) Inc. (____ shares), a corporation duly organized and
existing under the Philippine law;
2. Assignor is willing to assign, and the Assignee willing to accept, SIXTY
THOUSAND (60,000) common shares (Subject Shares) by way of this instrument;
and
NOW, THEREFORE, for and in consideration of the foregoing as well as the
reciprocal obligations and undertakings contained herein, the parties agree as follows:
1. The Assignor does hereby assign, cede, transfer and convey in a manner that is
absolute and irrevocable the Subject Shares unto the Assignee, free from all liens and
encumbrances;
2. Each of the parties hereto shall use all reasonable efforts to take, or cause to be
taken, all appropriate actions, do or cause to be done all things necessary, proper or
advisable under applicable law, and execute and deliver such documents and other
papers, as may be required to carry out the provisions of this Deed and consummate
and make effective the transactions contemplated by this Deed.
3. The Assignment contemplated herein shall be governed by the laws of the
Philippines.
IN WITNESS WHEREOF, the parties have hereunto set their hands this [] day of April at
[].
JOSE MARI G. TUAL
ROXACO LAND
CORPORATION
Assignor Assignee
SIGNED IN THE PRESENCE OF
_________________ _________________
ACKNOWLEDGMENT
REPUBLIC OF THE PHILIPPINES )
) S.S.
BEFORE ME, a Notary Public for and in ________________, on this
______________day of April 2014 personally appeared the following:
Name CTC No./
Competent evidence
of identity
Place/Date of Issue
who were identified by me through competent evidence of identity to be the same persons who
executed the foregoing document consisting of ___ pages including the page where this
acknowledgement is written, and they severally acknowledge to me that the same are their true
and voluntary act and deed and that of the principals they represent.
IN WITNESS WHEREOF, I have hereunto signed and affixed my notarial seal at the
place and on the date first above written.
Doc. No. _____;
Page No. _____;
Book No. _____;
Seri es of 2014.