A Contract Amendment Letter is essential in Nigerian business practice when parties need to modify an existing contract without creating an entirely new agreement. This document type is commonly used when circumstances require changes to specific contract terms such as duration, pricing, scope of work, or delivery terms. Under Nigerian law, contract amendments must comply with the principles of contract law, including the requirement for consideration and mutual consent. The letter format provides a straightforward way to document changes while explicitly referencing the original agreement and maintaining legal certainty. It's particularly important that these amendments are properly executed and, where required, stamped in accordance with the Nigerian Stamp Duties Act to ensure their admissibility in court. The document should clearly identify the original contract, specify the exact amendments, and confirm that all other terms remain unchanged.
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1. Letter Date: Current date of the amendment letter
2. Recipient Details: Full name and address of the recipient party
3. Original Contract Reference: Clear identification of the original contract including its title, parties, and date of execution
4. Amendment Purpose: Brief explanation of why the amendment is being made
5. Amendment Details: Specific changes being made to the original contract, clearly identifying affected clauses or terms
6. Effective Date: When the amendments will take effect
7. Confirmation of Other Terms: Statement that all other terms of the original contract remain unchanged
8. Signature Blocks: Space for both parties to sign and date the amendment letter
1. Recitals: Additional background information or context for the amendments, used when complex circumstances need explanation
2. Governing Law Confirmation: Restatement of governing law, included when amendments might affect jurisdictional aspects
3. Counterparts Clause: Statement about execution in counterparts, included when parties will sign separately
4. Authorization Statement: Confirmation of authority to execute the amendment, included when dealing with corporate entities
1. Schedule of Amendments: Detailed list of specific amendments when changes are numerous or complex
2. Revised Price List: If the amendment involves price changes, a comprehensive list of updated prices
3. Comparison Document: Track-changes or blackline version showing the amendments against the original contract text
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