When an agreement changes, it's always a smart idea to document it in writing. A Contract Amendment helps you adjust certain provisions of a contract, without revoking the entire original agreement. Using a Contract Amendment saves you time because you don't have to start from scratch, plus it keeps things from getting confusing later on when potential questions come up about an out-of-date contract.
You can use a Contract Amendment to make changes to one or more provisions of an existing contract. If you just need to make one change to a formal agreement, or even several minor ones, creating a Contract Amendment is much simpler than preparing a whole new contract. Your Contract Amendment should include information like: the name of the original contract or agreement; the parties involved; the effective date of the amendment; the part of the contract being changed, added to, or deleted (be as specific as possible, listing specific subsections); and the nature of the change (an edit, deletion, or addition). Be sure to include the titles of the representatives of both parties.
Other names for this document: Contract Modification, Amendment to Contract
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