Free Contract Addendum

Free Contract Addendum

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Contract Addendum

Create your Free Contract Addendum

Create your Free Contract Addendum



Frequently Asked Questions
What is meant by "how many times has your contract been amended"?The number of times you have signed contract amending agreements to amend this contract. It doesn't matter how many amendments you make in each amending agreement.


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AMENDING AGREEMENT

THIS AMENDING AGREEMENT dated this 22nd day of November, 2017

BETWEEN:

_________________________

OF THE FIRST PART

- AND-

_________________________

OF THE SECOND PART

  1. Background
  2. _________________________ and _________________________ (the "Parties") entered into the contract (the "Contract") dated November 22, 2017, for the purpose of ______________________________________________.
  3. The Parties desire to amend the Contract on the terms and conditions set forth in this Amending Agreement (the "Agreement").
  4. This Agreement is the first amendment to the Contract.

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 fulfill 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. Capitalized 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 the Province of Manitoba, 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 22nd day of November, 2017.

_______________________________
WITNESS:  ______________________

_______________________________
______________________(Party)

_______________________________
WITNESS:  ______________________

_______________________________
______________________(Party)

Contract Addendum

Alternate Names:

A Contract Addendum is also known as a/an:

  • Contract Amendment
  • Amending Agreement
  • Addendum

What is a Contract Addendum?

An amendment is a minor change made to a document, such as a correction, deletion, or addition. A Contact Addendum is a written record of the change(s).

If you need to change specific terms, it is often easier to amend a contract than to create a whole new one. Putting the changes in writing as a separate document to the original contract or agreement using a Contract Addendum can prevent confusion or future misunderstandings.

What types of contracts can be amended?

Most contracts can be amended if the parties agree to the changes. You can amend:

  • Loan contracts, such as a Promissory Note
  • Residential or commercial lease agreements
  • Business contracts, such as a Shareholder Agreement
  • Employment and freelance contracts
  • Privacy agreements, such as an NDA
  • Prenuptial and separation agreements
  • Estate documents, including a Last Will and Testament

When should I use a Contract Addendum?

A contract may need to be amended to reflect a change in law, but more often, it is to accommodate the needs of one or both parties.

A Contract Addendum is often used to modify:

  • A contract's duration
  • The obligations of one or both parties
  • Payment amounts or due dates
  • Shipping details, such as quantities or delivery dates
  • Terms of service
  • Terms and conditions of employment

What should be included in a Contract Addendum?

LawDepot's form allows you to make up to five amendments in a single Contract Addendum. When writing your amendments, be sure to reference the section or clause of the original contract that is being altered, and to use clear, simple language.

Your amending document should provide the names of the parties (individuals or corporations) to the contract, and information about the original contract, including why it was created and when it came into effect. In addition, you should state whether the contract has previously been changed (if you've already amended it several times, you might consider creating a new contract).

Do the parties need to agree to the changes?

A legally binding contract between two or more parties can only be altered with the mutual consent of everyone involved. The parties can acknowledge their consent by signing the Contract Addendum.

Do the terms of the original contract still apply?

A Contract Addendum allows you to make small changes without having to create an entirely new contract. Therefore, any terms that haven't been modified in the Contract Addendum remain in place.

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