Amendment to a Contract Sample

Amending a contract can be a crucial step in ensuring that both parties are satisfied with the agreement. However, it can also be a complex process that requires careful consideration and attention to detail. In this article, we will provide a useful amendment to a contract sample to help guide you through the process.

Before we delve into the amendment sample, let’s first understand the basics of contract amendment. A contract amendment refers to a change or addition made to an existing agreement. It is usually made to modify certain terms or conditions that are no longer appropriate or to incorporate new provisions that were not included in the original contract.

To effectively amend a contract, there are some key steps you need to follow. First, it’s important to identify the specific clause or provision that requires amendment. Next, both parties should agree to the proposed changes and sign the amendment document. The amended document should then be attached to the original contract, and all parties should keep a copy for future reference.

Now, let’s look at a sample amendment to a contract:

Amendment to Contract Agreement

This agreement (the “Agreement”), dated _________, 20___, is made by and between [Name of Company], a [State] corporation with its principal place of business at [Address], (hereinafter referred to as “Company”), and [Name of Client], with a mailing address of [Address], (hereinafter referred to as “Client”) for the provision of [Service/Product].

This Amendment to the Agreement (the “Amendment”) is made and entered into on [Date] by and between the Company and the Client as follows:

1. Amendment to Term of Agreement

Section [Insert Section Number] of the Agreement is amended to read as follows:

“Term and Termination: This Agreement shall commence on [Start Date] and shall continue in effect until [End Date].”

2. Additional Services

Section [Insert Section Number] of the Agreement is amended to add the following:

“The Company agrees to provide the Client with additional services specified in Exhibit A attached hereto and made a part hereof.”

3. Amendment to Payment Terms

Section [Insert Section Number] of the Agreement is amended to read as follows:

“Payment Terms: The Client shall pay the Company for the Services rendered under this Agreement [Insert Payment Terms].”

4. Miscellaneous

Except as amended hereby, the Agreement shall remain in full force and effect. This Amendment may not be modified or amended except in writing signed by both parties hereto. This Amendment shall be binding upon and inure to the benefit of the parties hereto, their successors and assigns.

In witness whereof, the parties hereto have executed this Amendment as of the date first written above.

[Name of Company]

By: ________________________

[Name and Title of Authorized Officer]

Date: ________________________

[Name of Client]

By: ________________________

[Name and Title of Authorized Officer]

Date: ________________________

Conclusion

Amending a contract can be a daunting task, but utilizing the sample amendment provided above can help ensure that the process is efficient and effective. Remember, it’s important to follow the proper steps when amending a contract to prevent any misunderstandings or legal disputes. With proper attention to detail and communication, both parties can agree upon the necessary changes to the agreement and continue their business relationship successfully.