Free Agreement Assignment
This agreement assigns a party’s (referred to as the Assignor) rights and obligations under an existing agreement to another party (referred to as the Assignee).
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Suppose you have a contract with a company to redesign several offices, but, for whatever reason, you are not able to completely fulfill the contract. But you have a friend/colleague who is willing and able to step in. The next thing for you to do is “assign” the contract to the other party with an Agreement Assignment.
Using an Agreement Assignment keeps everyone involved in the contract, from you to the new contractor to the client, in the loop and clear about all of the expectations and responsibilities that need to be handled. The Agreement Assignment also allows you to assign parts of a contract, in the event that you simply need to hire a subcontractor to help you.