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Extension Agreement
"I need an Extension Agreement to extend our existing software license agreement with TechCore Solutions for another 24 months from March 2025, with an updated pricing structure and the addition of two new software modules."
1. Parties: Identification of all parties to the extension agreement
2. Background: Details of the original agreement and reason for extension
3. Definitions: Key terms used in the agreement
4. Extension Terms: Specific details of the extension period and any modified terms
5. Effect on Original Agreement: Statement on which original terms remain in force
6. Execution: Signature blocks and execution details
1. Modified Terms: Section detailing any changes to original terms - include when original terms need modification during extension period
2. Additional Consideration: Section detailing any new payment or consideration - include when extension involves additional payment or consideration
3. Conditions Precedent: Section outlining conditions that must be met for extension to take effect - include when extension is subject to specific conditions
1. Schedule of Amended Terms: Detailed list of specific terms being modified
2. Schedule of Dates: Key dates including extension period start and end dates
3. Original Agreement: Copy of the original agreement being extended
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