Common use of Instrument of Assignment Clause in Contracts

Instrument of Assignment. A. No assignment of an interest shall be valid and effective, and the Partnership shall not recognize the same until the General Partner receives and accepts an instrument in writing in the following form, with blanks appropriately filled in and subscribed by both parties to the conveyance: I, ________________________, hereby assign to ________________________ all of my rights, title and interest in and to _________________ Interest(s) in GFP, Ltd., a limited partnership organized under the laws of the Commonwealth of Kentucky, and direct that all future distributions of Cash Flow or Net Proceeds and allocations of Profit or Loss on account of said Interest(s) be paid or allocated to such assignee. ___________________, as assignee, hereby accepts said Interest(s) subject to all terms, covenants and conditions of the Limited Partnership Agreement dated as of December __, 1998. Dated this ____ day of ___________, 19_. Consented to: ___________________________________ Assignor Jeffscottco, Inc. By _____________________________ ___________________________________ Assignee Title __________________________ ___________________________________ Assignee's Address ___________________________________ Assignee's Social Security Number STATE OF _________________ ) COUNTY OF ________________ ) On this ____ day of __________, 19__, before me a notary public, personally appeared ______________ and _______________, to be known to be the individual(s) described in, and who executed the foregoing certificate and duly acknowledged to me that they executed the same. My commission expires ________________. __________________________________ Notary Public

Instrument of Assignment. A. No assignment of an interest Interest shall be valid and effective, and the Partnership shall not recognize the same until the General Partner receives and accepts an instrument in writing in the following form, with blanks appropriately filled in and subscribed by both parties to the conveyance: I, ________________________, hereby assign to ________________________ all of my rights, title and interest in and to _________________ Interest(s) in GFPGFP I, Ltd.LP, a limited partnership organized under the laws of the Commonwealth State of KentuckyDelaware, and direct that all future distributions of Cash Flow or Net Proceeds and allocations of Profit or Loss on account of said Interest(s) be paid or allocated to such assignee. _________________________, as assignee, hereby accepts said Interest(s) subject to all terms, covenants and conditions of the Limited Partnership Agreement dated as of December June _____, 19982003. Dated this _____ day of __________________, 19_2003. Consented to: ____________________________________ Assignor Jeffscottco▇▇▇▇ Family Capital Management, Inc. By By:_________________________________ ____________________________________ Assignee Title Title:______________________________ Assignee ____________________________________ Assignee's Address ____________________________________ Assignee's Social Security Number STATE OF _______________________________ ) COUNTY OF ______________________________ ) On this _____ day of ________________, 1920___, before me a notary public, personally appeared _________________________ and _________________________, to be known to be the individual(s) described in, and who executed the foregoing certificate and duly acknowledged to me that they executed the same. My commission expires ______________________. _____________________________________ Notary Public