LAW OF ASSIGNMENT

ASSIGNMENT OF CONTRACTUAL RIGHTS

PROCESS OF TRANSFER OF CONTRACTUAL RIGHTS AND OBLIGATIONS

BENEFIT OF CONTRACT CAN BE ASSIGNED WITHOUT CONSENT OF THE OTHER PARTY

PERFORMANCE/LIABILITIES/ OBLIGATIONS OF CONTRACT CANNOT BE ASSIGNED WITHOUT CONSENT OF THE OTHER PARTY

CONTRACT CAN NOT BE ASSIGNED IF IT IS NOT AGREED BY THE PARTIES AND/OR IF IT IS PROHIBITED BY LAW/PUBLIC POLICY

LEADING CASES KARDAH COMPANY INDU KAKKAR TOLHURST LINDEN GARDEN BARBODUS TRUST PANATOWN

NOTICE MUST BE SENT TO THE OTHER PARTY AFTER ASSIGNMENT

ASSSIGNMENT SHOULD BE IN WRITING AND SIGNED BY THE PARTIES

CONSIDERATION MAY NOT NECESSARY

ATTESTATION NOT NECESSARY

REGISTRATION OPTIONAL

ASSIGNEE CANNOT GET MORE RIGHTS THAN THAT OF THE ASSIGNOR

PERSONAL CONTRACTS CAN NOT BE ASSIGNED LIKE PAINTING A PICTURE

ASSIGNMENT OF TORT CLAIMS CAN NOT BE ASSIGNED

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