The Additional Agreement is a crucial legal instrument in Nigerian business practice, used when parties need to modify their existing contractual relationships without completely redrafting the original agreement. This document type is particularly relevant when circumstances change, new terms need to be added, or existing provisions require modification. Under Nigerian law, Additional Agreements must be properly executed, stamped, and registered (where applicable) to be legally enforceable. They are commonly used across various sectors of the Nigerian economy, from oil and gas to manufacturing and services. The document typically includes clear references to the original agreement, specific modifications being made, and confirmation of which original terms remain in force. It's essential for businesses operating in Nigeria to ensure these agreements comply with local legal requirements while effectively capturing the intended changes to the original contract.
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1. Parties: Identification of all parties to the agreement, matching those in the original agreement or identifying any new parties
2. Background: Reference to the original agreement (including date and parties) and explanation of why this additional agreement is necessary
3. Definitions: Key terms used in the additional agreement, including reference to definitions in the original agreement that remain applicable
4. Scope of Additional Agreement: Clear statement of which aspects of the original agreement are being modified, supplemented, or amended
5. Amendments to Original Agreement: Detailed description of specific changes, modifications, or additions to the original agreement
6. Effect on Original Agreement: Statement clarifying which provisions of the original agreement remain in full force and effect
7. Integration Clause: Statement on how this additional agreement integrates with the original agreement
8. Governing Law: Confirmation that Nigerian law governs the additional agreement
9. Execution: Signature blocks for all parties and execution requirements
1. Additional Representations and Warranties: Include when new representations or warranties are needed beyond the original agreement
2. Consideration: Include when there is new or additional consideration being provided
3. Conditions Precedent: Include when the amendments are subject to certain conditions being met
4. Term and Termination Updates: Include when modifying the duration or termination provisions of the original agreement
5. Dispute Resolution Updates: Include when changing or adding dispute resolution procedures
6. Notices: Include when updating contact information or notice procedures
1. Schedule of Amendments: Detailed table or list showing original clauses and their amended versions
2. Updated Payment Schedule: If financial terms are being modified, detailed breakdown of new payment terms
3. Comparison Schedule: Side-by-side comparison of original and amended terms for clarity
4. Supporting Documents: Any new certificates, permits, or other documents relevant to the additional agreement
5. Updated Contact Information: If applicable, new contact details for notices or communications
Relevant legal definitions
Additional Agreement
Original Agreement
Effective Date
Amendment Date
Parties
Modified Terms
Retained Terms
New Terms
Original Provisions
Amended Provisions
Governing Law
Business Day
Force Majeure
Modification
Amendment
Supplemental Terms
Surviving Provisions
Consideration
Notices
Conflict
Integration
Variation
Authorized Representatives
Execution Date
Stamp Duty
Applicable Law
Contract Documents
Interpretation
Third Party Rights
Predecessor Agreement
Original Agreement
Effective Date
Amendment Date
Parties
Modified Terms
Retained Terms
New Terms
Original Provisions
Amended Provisions
Governing Law
Business Day
Force Majeure
Modification
Amendment
Supplemental Terms
Surviving Provisions
Consideration
Notices
Conflict
Integration
Variation
Authorized Representatives
Execution Date
Stamp Duty
Applicable Law
Contract Documents
Interpretation
Third Party Rights
Predecessor Agreement
Clauses
Interpretation
Amendment
Reference to Original Agreement
Modification
Integration
Consideration
Representations and Warranties
Conditions Precedent
Payment Terms
Performance Obligations
Duration
Termination
Force Majeure
Notices
Assignment
Confidentiality
Dispute Resolution
Governing Law
Severability
Entire Agreement
Further Assurance
Counterparts
Third Party Rights
Stamp Duty Compliance
Authorization
Waiver
Costs and Expenses
Relationship of Parties
Amendment
Reference to Original Agreement
Modification
Integration
Consideration
Representations and Warranties
Conditions Precedent
Payment Terms
Performance Obligations
Duration
Termination
Force Majeure
Notices
Assignment
Confidentiality
Dispute Resolution
Governing Law
Severability
Entire Agreement
Further Assurance
Counterparts
Third Party Rights
Stamp Duty Compliance
Authorization
Waiver
Costs and Expenses
Relationship of Parties
Relevant Industries
Oil and Gas
Manufacturing
Financial Services
Telecommunications
Agriculture
Construction
Technology
Healthcare
Real Estate
Mining
Retail
Transportation and Logistics
Energy
Education
Relevant Teams
Legal
Procurement
Finance
Operations
Commercial
Business Development
Risk and Compliance
Corporate Affairs
Executive Leadership
Contract Administration
Relevant Roles
Legal Counsel
Contract Manager
Business Development Manager
Chief Executive Officer
Chief Financial Officer
Commercial Director
Procurement Manager
Operations Manager
Project Manager
Risk Manager
Compliance Officer
General Manager
Managing Director
Company Secretary
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