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Name Change Amendment Agreement

Name Change Amendment Agreement Template for Austria

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Key Requirements PROMPT example:

Name Change Amendment Agreement

"I need a Name Change Amendment Agreement to document our company's rebranding from 'TechServe GmbH' to 'InnovateX GmbH' effective March 1, 2025, which needs to cover amendments to over 50 existing client agreements and include provisions for updating all corporate documentation."

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Document background
The Name Change Amendment Agreement is a critical legal instrument used when an entity needs to formally change its name while ensuring continuity in its business and contractual relationships under Austrian law. This document becomes necessary in various situations, such as corporate rebranding, post-merger integration, or regulatory requirements. It serves as a comprehensive amendment to existing agreements, ensuring that all contractual obligations remain valid and enforceable under the new name. The agreement must comply with Austrian legal requirements, including the Namensänderungsgesetz (NÄG) and relevant provisions of the ABGB, and typically includes details of the name change, effective date, and provisions for updating all relevant documentation and notifications to stakeholders.
Suggested Sections

1. Parties: Identifies and defines the parties to the agreement, including the party changing their name and any other affected parties

2. Background: Explains the context and reasons for the name change, references to original agreements being amended

3. Definitions: Defines key terms used in the agreement, including 'Effective Date', 'Original Agreement(s)', 'New Name', etc.

4. Name Change: Formally states the old name and new name, and declares the official change

5. Effective Date: Specifies when the name change takes effect

6. Amendment to Original Agreements: States how the name change affects existing agreements and documents

7. Continuing Effect: Confirms that all other terms of original agreements remain unchanged

8. Representations and Warranties: Warranties regarding authority to make the name change and compliance with legal requirements

9. Notifications: Requirements for notifying relevant parties of the name change

10. Governing Law: Confirms Austrian law as governing law of the amendment

Optional Sections

1. Regulatory Compliance: Required when the name change needs specific regulatory approvals or filings

2. Intellectual Property: Needed when the name change affects trademarks, domain names, or other IP rights

3. Costs and Expenses: Include when there are significant costs associated with implementing the name change that need to be allocated

4. Business Relationships: Required when the name change affects significant business relationships, customers, or suppliers

5. Banking and Financial Arrangements: Include when banking relationships and financial documents need to be updated

6. Employee Communications: Needed when the name change affects a business with employees who need to be formally notified

Suggested Schedules

1. Schedule 1 - Name Change Details: Detailed specification of old and new names, including any variations or trading names

2. Schedule 2 - Affected Agreements: List of all agreements being amended by this name change

3. Schedule 3 - Official Documentation: Copies of official name change certificates or regulatory approvals

4. Schedule 4 - Implementation Timeline: Timeline for implementing the name change across different documents and systems

5. Appendix A - Form of Notice: Template for notifications to be sent to relevant parties regarding the name change

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Relevant Industries

Financial Services

Professional Services

Manufacturing

Retail

Technology

Healthcare

Real Estate

Construction

Energy

Transportation

Education

Hospitality

Relevant Teams

Legal

Compliance

Administrative

Corporate Secretariat

Finance

Operations

Brand Management

Risk Management

Corporate Communications

Business Development

Relevant Roles

Legal Counsel

Corporate Secretary

Compliance Officer

Contract Manager

Business Development Manager

Chief Executive Officer

Chief Financial Officer

Risk Manager

Administrative Manager

Company Director

Brand Manager

Operations Manager

Industries
Allgemeines Bürgerliches Gesetzbuch (ABGB): Austrian Civil Code that governs general contract law principles, including contract amendments and formal requirements for legal agreements
Namensänderungsgesetz (NÄG): Austrian Name Change Act that regulates the legal requirements and procedures for changing personal names
Unternehmensgesetzbuch (UGB): Austrian Commercial Code, relevant if the name change involves a business entity, governing commercial register requirements
Datenschutzgesetz (DSG): Austrian Data Protection Act implementing GDPR, relevant for handling personal data in the name change process
Personenstandsgesetz (PStG): Law on Civil Status that governs the documentation and registration of personal status changes, including name changes
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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