This agreement should be used to change a pre-existing agreement between two parties. Sometimes parties to a contract want to make amendments to that contract at various points. Common causes for amendments are things like changes to pricing structure, changes to relevant law, variations of or additions to party obligations and if the parties want to extend the contract beyond the original agreed duration.
Amendment Agreement Template (General)
You should consider the following:
- What are you agreeing to amend? How many amendments have there been to the contract? State which amendment this is.
- How will this amendment alter the contract overall? Will it impact on any other agreed clauses within the agreement/?
- Do you need to seek legal and/or accountancy advice prior to agreeing to any amendments?
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