Document background
A First Addendum To Agreement is used when parties need to modify specific terms of an existing agreement without creating an entirely new contract. This document type is particularly relevant under German law, where contract modifications must meet specific formal requirements under the BGB (German Civil Code). It's commonly used when business circumstances change, requiring adjustments to commercial terms, timelines, scope of services, or other contractual provisions. The addendum must clearly reference the original agreement, specify which terms are being modified, and confirm the continuing validity of unmodified terms. This document is essential for maintaining clear contractual relationships while adapting to changing business needs, ensuring legal compliance, and providing a proper audit trail of contract modifications.
