Document background
A Sales Contract Addendum is a crucial document used when parties need to modify an existing sales agreement without creating an entirely new contract. In the Philippine legal context, this document must comply with the Civil Code of the Philippines, particularly Articles 1305-1422 on contracts and Article 1458-1637 on sales. The addendum is commonly used to update pricing, delivery terms, specifications, or other key provisions of the original sales contract. It requires proper execution under Philippine law, including appropriate signatures and, when necessary, notarization. This document type is particularly important in business relationships where circumstances have changed since the original contract was signed, requiring formal documentation of agreed modifications while preserving the foundational aspects of the original agreement.
