The Amended Settlement Agreement is used when parties to an existing settlement agreement under Dutch law need to modify their original terms while keeping the basic settlement structure intact. This document type is particularly relevant when circumstances have changed since the original settlement, requiring adjustments to specific provisions without completely renegotiating the entire agreement. It must comply with Dutch Civil Code requirements regarding contract modifications and settlement agreements (vaststellingsovereenkomst). Common scenarios include changes to payment terms, deadlines, performance obligations, or when new information comes to light that affects the original settlement terms. The document typically requires careful review of both the original settlement agreement and proposed modifications to ensure consistency and enforceability under Dutch law.
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1. Parties: Identification of all parties to the amended settlement agreement, including their legal details and representatives
2. Background: Context of the original settlement agreement, reason for amendment, and reference to the original agreement's date and parties
3. Definitions: Key terms used in the agreement, including both original and new definitions relevant to the amendments
4. Amendment Effective Date: Specific date when the amendments take effect
5. Amendments to Original Agreement: Detailed description of specific modifications to the original settlement agreement, referenced by section number
6. Confirmation of Unchanged Terms: Express confirmation that all other terms of the original agreement remain in full force and effect
7. Integration Clause: Statement that this amendment and the original agreement constitute the entire agreement between the parties
8. Governing Law: Confirmation of Dutch law as governing law and jurisdiction
9. Counterparts: Provisions for execution in multiple counterparts
10. Execution: Signature blocks and execution provisions
1. Additional Consideration: Include when new consideration is being provided as part of the amendment
2. Representations and Warranties: Include when parties need to make new representations regarding the amended terms
3. Ratification: Include when explicit confirmation of original agreement terms is needed
4. Waiver: Include when parties are waiving certain rights related to the amendments
5. Third Party Rights: Include when amendments affect rights of third parties under the original agreement
6. Costs and Expenses: Include when there are specific provisions about who bears the costs of the amendment
1. Schedule 1 - Original Settlement Agreement: Copy of the original settlement agreement being amended
2. Schedule 2 - Comparison Version: Redline showing changes between original and amended agreement
3. Schedule 3 - Amended Payment Terms: If applicable, detailed schedule of any modified payment arrangements
4. Schedule 4 - Required Consents: Copies of any third-party consents required for the amendments
5. Appendix A - Updated Definitions: Comprehensive list of all definitions, showing both original and modified terms
6. Appendix B - Supporting Documents: Any additional documents referenced in the amendments
Relevant legal definitions
Agreement
Amendment
Amendment Date
Amendment Effective Date
Business Day
Claim
Consideration
Dispute
Effective Date
Execution Date
Force Majeure Event
Governing Law
Initial Settlement Agreement
Original Agreement
Original Effective Date
Original Parties
Original Settlement Amount
Parties
Payment Schedule
Released Claims
Settlement Amount
Settlement Sum
Settling Parties
Subsidiaries
Surviving Provisions
Third Party
Vaststellingsovereenkomst
Working Day
Amendment
Amendment Date
Amendment Effective Date
Business Day
Claim
Consideration
Dispute
Effective Date
Execution Date
Force Majeure Event
Governing Law
Initial Settlement Agreement
Original Agreement
Original Effective Date
Original Parties
Original Settlement Amount
Parties
Payment Schedule
Released Claims
Settlement Amount
Settlement Sum
Settling Parties
Subsidiaries
Surviving Provisions
Third Party
Vaststellingsovereenkomst
Working Day
Clauses
Parties
Recitals
Definitions
Amendment
Interpretation
Effective Date
Consideration
Payment Terms
Release
Representations and Warranties
Confirmation of Original Terms
Further Assurance
Costs
Confidentiality
Notices
Assignment
Severability
Entire Agreement
Waiver
Third Party Rights
Counterparts
Governing Law
Jurisdiction
Dispute Resolution
Force Majeure
Execution
Recitals
Definitions
Amendment
Interpretation
Effective Date
Consideration
Payment Terms
Release
Representations and Warranties
Confirmation of Original Terms
Further Assurance
Costs
Confidentiality
Notices
Assignment
Severability
Entire Agreement
Waiver
Third Party Rights
Counterparts
Governing Law
Jurisdiction
Dispute Resolution
Force Majeure
Execution
Relevant Industries
Financial Services
Insurance
Construction
Manufacturing
Technology
Real Estate
Professional Services
Healthcare
Energy
Retail
Telecommunications
Transportation and Logistics
Education
Agriculture
Mining and Resources
Relevant Teams
Legal
Compliance
Risk Management
Finance
Operations
Commercial
Business Development
Corporate Affairs
Executive Leadership
Administration
Relevant Roles
Legal Counsel
General Counsel
Contract Manager
Chief Legal Officer
Risk Manager
Compliance Officer
Chief Executive Officer
Chief Financial Officer
Business Development Manager
Operations Director
Project Manager
Claims Manager
Settlement Administrator
Dispute Resolution Officer
Commercial Director
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