The Simple Addendum Template is essential for businesses and individuals needing to make formal modifications to existing contracts under U.S. law. This document type is used when parties need to add, remove, or modify terms in an original agreement without creating an entirely new contract. The template ensures compliance with state-specific contract modification requirements and includes all necessary elements for legal enforceability, such as reference to the original agreement, clear modification terms, and proper execution requirements.
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1. Identification of Original Agreement: Reference to the original contract being modified, including date and parties
2. Parties: Clear identification of all parties to the addendum
3. Purpose: Brief statement explaining the reason for the addendum
4. Modification Details: Specific changes being made to the original agreement
5. Effect on Original Agreement: Statement confirming all other terms remain in full force and effect
6. Signature Block: Space for parties to execute the addendum
1. Definitions: Required when new terminology needs to be defined or existing terms are being modified
2. Effective Date: Required when modifications start on a different date than signing
3. Consideration: Required when state law demands explicit statement of value exchange for modification
1. Revised Price Lists: Updated pricing information if prices are being modified
2. Modified Specifications: Updated technical or service specifications
3. Comparison Chart: Side-by-side comparison of original and modified terms
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