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Contract Addendum

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CONTRACT ADDENDUM

THIS CONTRACT ADDENDUM dated this ________ day of ________________, ________

BETWEEN:

_________________________

OF THE FIRST PART

- AND-

_________________________

OF THE SECOND PART

  1. Background
  2. _________________________ and _________________________ (the "Parties") entered into the contract (the "Contract") dated 3 December 2022, for the purpose of ______________________________________________
  3. The Parties desire to amend the Contract on the terms and conditions set forth in this Contract Addendum (the "Agreement").
  4. This Agreement is the first amendment to the Contract.
  5. References in this Agreement to the Contract are to the Contract as previously amended or varied.

IN CONSIDERATION OF the Parties agreeing to amend their obligations in the existing Contract, and other valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties agree to keep, perform, and fulfil the promises, conditions and agreements below:

  1. Amendments
  2. The Contract is amended as follows:
    1. ______________________________________________________________________________________________________________________________________________________________________________________.
  3. No Other Change
  4. Except as otherwise expressly provided in this Agreement, all of the terms and conditions of the Contract remain unchanged and in full force and effect.
  5. Miscellaneous Terms
  6. Capitalised terms not otherwise defined in this Agreement will have the meanings ascribed to them in the Contract. Headings are inserted for the convenience of the parties only and are not to be considered when interpreting this Agreement. Words in the singular mean and include the plural and vice versa. Words in the masculine include the feminine and vice versa. No regard for gender is intended by the language in this Agreement.
  7. Governing Law
  8. Subject to the terms of the Contract, it is the intention of the Parties that this Agreement, and all suits and special proceedings under this Agreement, be construed in accordance with and governed, to the exclusion of the law of any other forum, by the laws of New Zealand, without regard to the jurisdiction in which any action or special proceeding may be instituted.

IN WITNESS WHEREOF the Parties have duly affixed their signatures under hand and seal on this ________ day of ________________, ________.

_______________________________
WITNESS:  ______________________
Address:  ________________________
Occupation:  _____________________

_______________________________
______________________(Party)

_______________________________
WITNESS:  ______________________
Address:  ________________________
Occupation:  _____________________

_______________________________
______________________(Party)

Last updated September 27, 2022

What is an Amending Agreement?

You can use an Amending Agreement to add, delete, or change minor details in an existing contract or agreement without invalidating it.

Your Amending Agreement should include details, such as:

  • Each party’s name
  • The purpose of the original contract and the date it was signed
  • The specific amendments you’re making to the original contract
  • The signatures of every party involved

All the parties who signed the original contract need to sign the Amending Agreement for the modifications to be legally binding. Then, attach it to the original contract for easy reference.

An Amending Agreement is also known as a/an:

  • Contract Addendum
  • Contract Amendment
  • Addendum

Is there a difference between amendments and addendums?

Amendments are changes to the current details in a contract. Addendums are additions to a contract that previously didn’t exist. LawDepot’s Amending Agreement allows you to make amendments and addendums.

When should I use an Amending Agreement?

Generally, you use Amending Agreements when a term or condition in a contract isn’t working out as planned, and you need to adjust it. For example, you might need to change a date, or add or remove a clause.

You may wish to use an Amending Agreement if:

You may need to create a new document for significant changes that impact a contract’s overall structure and purpose.

Do Amending Agreements override an original contract?

If all the parties who signed the original contract mutually agree to make changes to specific terms and details, the changes in the Amending Agreement will override the original terms and details.

How do I create an Amending Agreement?

You can easily create an Amending Agreement by filling out LawDepot's questionnaire. Using our template will ensure you complete all the necessary steps:

Step 1: State each party’s details

Start your Amending Agreement by providing the names of the parties involved. Also, specify if each party is an individual or an organization.

Step 2: Provide details about the original contract

Describe the purpose of the original contract you’re amending and provide the date it was signed.

Providing details about the original contract clarifies which contract you’re amending. This can be useful if any disputes arise regarding the original contract or Amending Agreement.

Step 3: Describe the amendments you’re making

Describe the amendments you’re making in as much detail as possible. Doing so reduces the risk of any misunderstandings between the involved parties.

For example, imagine the fifth clause in your Residential Tenancy Agreement is about the day rent is due, and you want to change it from the fourth day of the month to the first day. You could say, “Clause 5 of the Residential Tenancy Agreement is hereby amended by deleting the phrase ‘due on the fourth of each month’ and replacing it with the phrase ‘due on the first of each month’.”

LawDepot’s Amending Agreement provides space for up to five amendments.

Step 4: Sign the document

Finish your Amending Agreement by dating and signing the document. 

For your amendments to be legally binding, every party involved in the contract must sign the Amending Agreement.

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