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Contract Amendment Letter
I need a Contract Amendment Letter under German law to modify our software licensing agreement with TechCorp GmbH, extending the term by 24 months and updating the annual maintenance fees from €50,000 to €65,000, effective March 1, 2025.
1. Letter Header: Date, addresses of both parties, and reference number if applicable
2. Original Contract Reference: Clear identification of the original contract being amended, including its date and parties
3. Amendment Purpose: Brief explanation of why the amendment is being made
4. Amendment Details: Specific changes to be made to the original contract, clearly stating old and new provisions
5. Confirmation of Other Terms: Statement that all other terms and conditions of the original contract remain unchanged
6. Effective Date: When the amendments will take effect
7. Execution Block: Signature blocks for all parties, including date and place of signing
1. Recitals: Background information explaining the context of the amendments, used when complex circumstances need to be documented
2. Definitions: Required if new terms are being introduced or existing definitions are being modified
3. Governing Law Confirmation: Restatement of governing law, needed if there's any modification to jurisdiction or governing law provisions
4. Third Party Consents: Section acknowledging required third-party approvals, if any are needed for the amendments
5. Costs and Expenses: Statement about who bears the costs of implementing the amendments, if relevant
1. Schedule of Amendments: Detailed list of specific changes when amendments are numerous or complex
2. Revised Payment Schedule: If payment terms are being modified, a new schedule of payments
3. Marked-up Original Agreement: Shows tracked changes in the original agreement for reference
4. Authorization Evidence: Copies of corporate approvals or powers of attorney if required
Authors
Manufacturing
Technology
Financial Services
Real Estate
Healthcare
Retail
Construction
Professional Services
Energy
Telecommunications
Automotive
Logistics
Insurance
Legal
Procurement
Commercial
Finance
Operations
Compliance
Risk Management
Business Development
Sales
Contract Administration
Legal Counsel
Contract Manager
Chief Legal Officer
Business Development Manager
Commercial Director
Chief Executive Officer
Chief Financial Officer
Procurement Manager
Project Manager
Account Executive
Sales Director
Operations Manager
Risk Manager
Compliance Officer
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