The Additional Agreement is a crucial legal instrument in Indonesian business practice, used when parties need to modify their existing contractual relationships without creating entirely new agreements. This document type is particularly relevant in situations where circumstances have changed, parties wish to extend or modify their obligations, or new terms need to be incorporated into an existing arrangement. The agreement must comply with Indonesian law, particularly the Civil Code (KUHPerdata) and Law No. 24 of 2009 regarding language requirements. It typically includes references to the original agreement, specific modifications, confirmations of unchanged terms, and necessary approvals. The Additional Agreement is commonly used across various sectors and can accommodate different types of modifications, from simple term extensions to complex structural changes in the original arrangement.
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1. Parties: Identifies all parties to the agreement, including their complete legal names, addresses, and authorized representatives
2. Background: References the original agreement (including date and title), explains the reason for this additional agreement, and confirms parties' intention to modify the original agreement
3. Definitions: Defines key terms used in the additional agreement and incorporates definitions from the original agreement as applicable
4. Amendments to Original Agreement: Clearly states which provisions of the original agreement are being modified, removed, or added
5. Confirmation of Other Terms: Confirms that all other terms and conditions of the original agreement remain unchanged and in full force and effect
6. Effective Date: Specifies when the modifications take effect
7. Integration: States that this additional agreement forms an integral part of the original agreement
8. Governing Law: Confirms Indonesian law as the governing law and references relevant jurisdictional provisions from the original agreement
9. Execution: Signature blocks for all parties, including spaces for corporate seals if required
1. Additional Representations and Warranties: Include when new representations or warranties are needed specific to the modifications being made
2. Regulatory Compliance: Include when modifications require specific regulatory approvals or compliance statements
3. Language Provisions: Include when the agreement is bilingual, stating which version prevails (typically required for agreements with Indonesian parties per Law No. 24 of 2009)
4. Third Party Consents: Include when modifications require approval from parties not directly involved in the agreement
5. Transitional Provisions: Include when changes require a transition period or specific implementation timeline
1. Schedule of Amendments: Detailed listing of all specific changes to the original agreement, including original and revised text
2. Amended Exhibits: Any exhibits from the original agreement that are being modified or replaced
3. Corporate Authorizations: Copies of corporate approvals or resolutions authorizing the modifications
4. Regulatory Approvals: Copies of any required regulatory approvals for the modifications
5. Comparison Version: Redline showing changes between original and modified provisions
Relevant legal definitions
Additional Agreement
Original Agreement
Effective Date
Amendment Date
Modified Provisions
Existing Provisions
Parties
Original Parties
New Parties
Modification
Amendment
Governing Law
Business Day
Force Majeure
Prevailing Language
Authorized Representatives
Regulatory Approvals
Implementation Date
Transition Period
Corporate Authorizations
Related Agreements
Consent
Amended Terms
Surviving Provisions
Integration Clause
Confirmation Date
Execution Date
Binding Effect
Material Change
Supplemental Terms
Original Agreement
Effective Date
Amendment Date
Modified Provisions
Existing Provisions
Parties
Original Parties
New Parties
Modification
Amendment
Governing Law
Business Day
Force Majeure
Prevailing Language
Authorized Representatives
Regulatory Approvals
Implementation Date
Transition Period
Corporate Authorizations
Related Agreements
Consent
Amended Terms
Surviving Provisions
Integration Clause
Confirmation Date
Execution Date
Binding Effect
Material Change
Supplemental Terms
Clauses
Parties
Recitals
Definitions
Amendment
Integration
Representations and Warranties
Governing Law
Language
Notices
Authority
Effectiveness
Term
Regulatory Compliance
Third Party Rights
Further Assurance
Severability
Entire Agreement
Counterparts
Confirmation of Original Terms
Assignment
Waiver
Costs
Dispute Resolution
Force Majeure
Confidentiality
Binding Effect
Execution
Recitals
Definitions
Amendment
Integration
Representations and Warranties
Governing Law
Language
Notices
Authority
Effectiveness
Term
Regulatory Compliance
Third Party Rights
Further Assurance
Severability
Entire Agreement
Counterparts
Confirmation of Original Terms
Assignment
Waiver
Costs
Dispute Resolution
Force Majeure
Confidentiality
Binding Effect
Execution
Relevant Industries
Manufacturing
Technology
Financial Services
Real Estate
Energy and Resources
Infrastructure
Telecommunications
Agriculture
Retail and Consumer
Healthcare
Education
Transportation and Logistics
Mining
Construction
Hospitality
Relevant Teams
Legal
Compliance
Commercial
Business Development
Operations
Finance
Risk Management
Procurement
Corporate Affairs
Project Management
Contract Administration
Regulatory Affairs
Relevant Roles
Legal Counsel
Contract Manager
Business Development Manager
Commercial Director
Chief Legal Officer
Compliance Officer
Corporate Secretary
Project Manager
Operations Director
Chief Executive Officer
Chief Financial Officer
Risk Manager
Procurement Manager
Account Manager
Partnership Manager
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