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Sales Addendum

This Sales Addendum template is used to modify or add specific terms and conditions to an existing sales agreement. It is ideal for situations where initial sales terms need adjustment without rewriting the entire original contract, common in evolving business landscapes.

Updated 15d ago
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Company Letterhead

{{company_name}}

{{company_address}}

Phone: {{phone}}

Email: {{email}}

Website: {{website}}

Sales Addendum

This Sales Addendum ("Addendum") is made and entered into as of this {{day}} day of {{month}}, {{year}} (the "Effective Date"), by and between {{seller_company_name}}, a company duly incorporated under the laws of {{seller_jurisdiction}}, with its principal place of business at {{seller_company_address}} ("Seller"), and {{buyer_company_name}}, a company duly incorporated under the laws of {{buyer_jurisdiction}}, with its principal place of business at {{buyer_company_address}} ("Buyer").

WHEREAS, Seller and Buyer previously entered into a Sales Agreement dated {{original_agreement_date}} (the "Original Agreement") for the sale and purchase of {{description_of_goods_or_services}}.

WHEREAS, the parties desire to amend, modify, or add certain terms and conditions to the Original Agreement as set forth herein.

Recitals

The parties acknowledge that the Original Agreement remains in full force and effect, save for the specific modifications and additions outlined in this Addendum.

Amendments to Original Agreement

The Original Agreement is hereby amended as follows:

1. **Clause {{original_clause_number_1}} (or new clause)**: {{amended_clause_text_1}}

2. **Clause {{original_clause_number_2}} (or new clause)**: {{amended_clause_text_2}}

3. **(Add more as needed)**

Additional Terms and Conditions

The following terms and conditions are hereby added to the Original Agreement:

1. **{{new_term_heading_1}}**: {{new_term_details_1}}

2. **{{new_term_heading_2}}**: {{new_term_details_2}}

3. **(Add more as needed)**

Consideration

In consideration of the mutual covenants and agreements contained herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree to be bound by the terms of this Addendum.

Governing Law

This Addendum, and all matters arising out of or relating to this Addendum, shall be governed by and construed in accordance with the laws of {{governing_law_jurisdiction}}.

Entire Agreement

This Addendum, together with the Original Agreement, constitutes the entire understanding and agreement between the parties with respect to the subject matter hereof and supersedes all prior agreements, understandings, negotiations, and discussions, whether oral or written, between the parties. In the event of a conflict between the terms of this Addendum and the Original Agreement, the terms of this Addendum shall prevail.

Counterparts

This Addendum may be executed in counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.

Signature Block

IN WITNESS WHEREOF, the parties have executed this Sales Addendum as of the Effective Date first above written.

**SELLER:**

{{seller_company_name}}

By: ___________________________

Name: {{seller_signer_name}}

Title: {{seller_signer_title}}

**BUYER:**

{{buyer_company_name}}

By: ___________________________

Name: {{buyer_signer_name}}

Title: {{buyer_signer_title}}

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