The Addendum To The Contract Template serves as a crucial tool in U.S. contract management, allowing parties to make necessary changes to existing agreements without requiring a complete contract rewrite. This document type is particularly valuable when circumstances change after the original contract execution, requiring adjustments to specific terms while preserving the overall agreement structure. The addendum must comply with federal and state contract laws, ensuring all modifications are properly documented and legally enforceable.
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1. Title and Date: Identifies this as an addendum, references the original contract, and states the effective date
2. Parties: Lists all parties to the original contract who are affected by the addendum
3. Background: References the original contract and explains the need for modification
4. Definitions: Defines any new terms introduced in the addendum
5. Modifications: Clearly states what sections of the original contract are being modified
6. Effect on Original Agreement: Confirms all other terms of the original contract remain in force
7. Signature Block: Space for all parties to sign and date the addendum
1. Additional Terms: New terms being added to the original contract when introducing completely new provisions
2. Deleted Terms: Terms being removed from the original contract when removing existing provisions
3. Consideration: States any new consideration for the modifications when there is new exchange of value
4. Effective Date: Specific section about when changes take effect, used when implementation date differs from signing date
1. Schedule of Changes: Detailed list of all modifications in tabular format
2. Revised Price Lists: Updated pricing if modifications affect costs
3. Revised Specifications: Modified technical specifications or scope of work
4. Comparison Document: Side-by-side comparison of original and modified terms
Relevant legal definitions
Original Agreement
Effective Date
Amendment Date
Modified Terms
Original Parties
Additional Parties
Modified Provisions
Surviving Provisions
Addendum
Modification
Amendment
Supplemental Terms
Contract Documents
Original Contract Date
Execution Date
Implementation Date
Prior Agreement
Revised Terms
Subject Matter
Authorizing Parties
Effective Date
Amendment Date
Modified Terms
Original Parties
Additional Parties
Modified Provisions
Surviving Provisions
Addendum
Modification
Amendment
Supplemental Terms
Contract Documents
Original Contract Date
Execution Date
Implementation Date
Prior Agreement
Revised Terms
Subject Matter
Authorizing Parties
Clauses
Relevant Industries
Relevant Teams
Relevant Roles
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