Extension Letter for Pakistan

Extension Letter Template for Pakistan

An Extension Letter is a formal document used under Pakistani law to extend the duration or term of an existing agreement between parties. It serves as a legally binding amendment to the original contract, maintaining all other terms and conditions while specifically modifying the agreement's duration. The document must comply with Pakistani contract law requirements, including proper execution by authorized representatives and, where applicable, adherence to stamp duty requirements under the Stamp Act 1899. It typically includes references to the original agreement, clear specification of the extended term, and confirmation of continuing obligations.

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What is a Extension Letter?

An Extension Letter is a crucial document used in Pakistani business and legal practice to formally extend the duration of existing contractual relationships. This document type is particularly relevant when parties wish to continue their business relationship under the same terms and conditions as their original agreement, but with an adjusted timeline. The Extension Letter must comply with Pakistani contract law requirements and should clearly reference the original agreement, specify the new duration, and confirm the continuation of other terms. It's commonly used in various situations such as lease extensions, service agreement continuations, or employment contract extensions. The document's format and content should align with local legal requirements while maintaining clarity and precision in expressing the parties' intentions to extend their contractual relationship.

What sections should be included in a Extension Letter?

1. Letter Header: Company letterhead, date, reference number, and recipient's address details

2. Subject Line: Clear indication that this is an Extension Letter with reference to the original agreement

3. Opening Salutation: Formal greeting to the recipient

4. Reference to Original Agreement: Clear identification of the original agreement including its date, parties, and subject matter

5. Extension Statement: Clear and unambiguous statement of the extension being made

6. Extended Term: Specific details of the new term or duration

7. Confirmation of Other Terms: Statement confirming all other terms and conditions remain unchanged

8. Closing: Request for acknowledgment, signature blocks, and formal closing

What sections are optional to include in a Extension Letter?

1. Modified Terms: Include only if any other terms besides the duration are being modified along with the extension

2. Consideration Statement: Include if there's any additional payment or consideration for the extension

3. Regulatory Compliance: Include if the extension needs to address specific regulatory requirements

4. Performance Review: Include if the extension is conditional upon or follows a review of performance

5. Notices Section: Include if there are any changes to the notice provisions or contact details

What schedules should be included in a Extension Letter?

1. Copy of Original Agreement: Attached as reference to ensure clarity about which agreement is being extended

2. Schedule of Modified Terms: If applicable, detailed listing of any terms being modified along with the extension

3. Updated Payment Schedule: If applicable, revised payment terms or schedules for the extended period

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Pakistan

Publisher

Genie AI

Document Type

Service Letter

Cost

Free to use
Relevant Industries

Manufacturing

Information Technology

Construction

Professional Services

Real Estate

Retail

Healthcare

Education

Telecommunications

Financial Services

Energy

Agriculture

Transportation and Logistics

Relevant Teams

Legal

Operations

Human Resources

Procurement

Business Development

Administration

Compliance

Finance

Commercial

Project Management

Contract Management

Relevant Roles

Legal Counsel

Contract Manager

Business Development Manager

Project Manager

Operations Manager

Human Resources Manager

Procurement Manager

Account Manager

Company Secretary

Chief Executive Officer

Chief Financial Officer

Commercial Director

Administrative Manager

Compliance Officer

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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