TRANSFER OF INTEREST AGREEMENT
This Transfer of Interest Agreement (hereinafter referred to as the “Transfer”) is entered
into on ____________ by and between VCC EUROPE CORPORATION of 2647
Gateway Road Suite 418 Carlsbad, CA 92009 (hereinafter referred to as the
“Transferor”) and KATARINA MALONEY of 9229 Regents Road, L404 San Diego,
CA 9203 (hereinafter referred to as the “Transferee”). Together referred to as “parties.”
NOW, THEREFORE, for valuable consideration by the Transferee, receipt of which is
hereby acknowledged by the Transferor, the parties agree to be bound by the following
terms and conditions: –
1. Transfer.
The Transferor hereby willingly and irrevocably transfers and conveys to the Transferee
the entire right, title, interest, and ownership of the Promissory Note Number
010720131001 and for the liability to be paid to Katarina Maloney and not to VCC
Europe Corporation.
The borrower in the Promissory Note Mcnb Holding Corporation of 8268 Clairemont
Mesa Blvd #302, San Diego, CA 92111 Nevada, shall take cognizant of this agreement
and make any further payments to the transferee herein.
2. Compliance.
The Transferor hereby agrees to cooperate with the Transferee in handing over the
ownership of the said Promissory Note to enable the Transferee to enforce it and enjoy
it to the fullest extent.
The cooperation shall include but is not limited to the execution of necessary paperwork
for the transfer.
3. Warranties.
The Transferor warrants and represents that; –
i. No other assignment, contract, or understanding was entered into conflict with
this agreement.
ii. They are the owners of the Promissory Note.
iii. They have the right to transfer the Ownership to the Transferee.
4. Dispute/Conflict Resolution.
In the event of a dispute between the parties herein, the parties shall first attempt to
negotiate to reach a consensus mutually. However, if it fails, the dispute shall be
resolved through mediation in accordance with the laws of Nevada.
Parties shall bear their costs for the mediation.
5. Governing Law.
This Agreement shall be governed and construed in accordance with the laws of the
Nevada.
6. Severability.
If any part of this Agreement is deemed invalid or unenforceable, the same shall be
severed from this Agreement, and the remaining provisions shall continue to be in
effect.
7. Waiver.
The failure of any party to exercise any right or provision of this Agreement shall not be
a waiver of any prior or subsequent rights.
8. Modification.
No amendment or modification of any provision of this Agreement shall be effective
unless in writing and signed by the parties.
THE TRANSEFEROR; –
Name:
______________________________
Signature:
___________________________
Date:
_______________________________
THE TRANSFEREE; –
Name:
______________________________
Signature:
___________________________
Date:
_______________________________
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