Voluntary Donation Agreement
This agreement is made and entered into on (date) by and
between (donor's name, address, and phone number) hereinafter
referred to as "Donor" and (donee's name, address, and phone
number) hereinafter referred to as "Donee".
WHEREAS, Donor desires to make a voluntary donation to
Donee for the purpose of (the purpose of the donation);
WHEREAS, Donee accepts the voluntary donation under the
terms and conditions set forth in this agreement;
NOW, THEREFORE, the parties agree as follows:
1. Donor represents and warrants that he/she is the sole
owner of the property being donated.
2. Donor shall immediately transfer title and possession of
the property being donated to Donee upon execution of this
agreement.
3. Donee agrees to use the donated property strictly for (the
purpose of the donation).
4. This agreement shall remain valid for (number of years or
perpetuity).
5. Either party may terminate this agreement only by giving
written notice to the other party at least (number of days) days
prior to the desired termination date.
6. Donor represents and warrants that he/she has the
authority to make this donation and that the donation is not being
made under any duress or undue influence.
7. This agreement shall be governed by and construed in
accordance with the laws of the People's Republic of China.
8. All disputes arising out of or related to this agreement
shall be resolved through arbitration in accordance with the rules
of the China International Economic and Trade Arbitration
Commission.
9. This agreement contains the entire understanding of the
parties hereto and supersedes all prior negotiations,
understandings, and agreements between them.
10. This agreement may be executed in counterparts, each of
which shall be deemed an original, but all of which together shall
constitute one and the same instrument.
11. This agreement shall be binding upon and inure to the
benefit of the parties hereto and their respective heirs, legal
representatives, successors, and assigns.
IN WITNESS WHEREOF, the parties have executed this
agreement as of the date first written above.
Donor: _____________________________
Donee: _____________________________
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