CONVEYANCE, TRANSFER AND ASSIGNMENT
OF CORPORATE STOCK SEPARATE FROM CERTIFICATE
ASSIGNMENT made as of the ____ day of __________, 1996, between
________________, an individual (hereinafter called "Assignor"), and American
International Consolidated Inc., a Delaware corporation (hereinafter called
"Assignee").
W I T N E S S E T H:
WHEREAS, Assignor owns One Thousand (1,000) shares of the $0.01 par value
common stock of U.S. Storage, Inc., a Texas corporation ("U.S. Storage"),
evidenced by Certificate No.__, constituting 25% of the outstanding shares of
capital stock of such corporation; and
WHEREAS, Assignor owns Two Hundred Fifty (250) shares of the $0.01 par
value common stock of U.S. Storage Management Services, Inc., a Texas
corporation ("U.S. Management"), evidenced by Certificate No.__, constituting
25% of the outstanding shares of capital stock of such corporation; and
WHEREAS, Assignor has agreed to sell and transfer all of its shares of
stock in U.S. Storage (the "U.S. Storage Shares") and all of its shares of stock
in U.S. Management (the "U.S. Management Shares") to Assignee in consideration
of the payment by Assignee of (8.33%) eight and one-third percent of all
distributions Assignee receives from U.S. Storage and/or its successors and
assigns;
NOW, THEREFORE, THIS INDENTURE WITNESSETH THAT,
Assignor has conveyed, granted, bargained, sold, transferred, set over,
assigned, aliened, remised, released, delivered and confirmed and by this
Assignment does hereby convey, grant, bargain, sell, transfer, set over, assign,
alien, remise, release, deliver and confirm unto Assignee, the U.S. Storage
Shares and the U.S. Management Shares. Assignee shall pay to Assignor (8.33%)
eight and one-third percent of all distributions Assignee receives from U.S.
Storage and/or its successors and assigns.
IN WITNESS WHEREOF, each of Assignor and Assignee has executed this
assignment to be effective as of the day and year first above written.
ASSIGNOR:
Signed:
----------------------------------
Name:
-----------------------------------
ASSIGNEE:
AMERICAN INTERNATIONAL CONSOLIDATED INC.
By:
-------------------------------------
Signature
Name:
------------------------------------
* * * * *
-2-
