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Sales Addendum

This Sales Addendum is used to modify or add specific terms and conditions to an existing sales agreement between a buyer and a seller. It should be used when there are changes to the original sale that both parties agree upon.

Updated 17d ago
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{{company_address}}

Phone: {{phone}} | Email: {{email}} | Web: {{website}}

Sales Addendum

Sales Addendum

{{company_name}}

{{company_address}}

Phone: {{phone}}

Email: {{email}}

Website: {{website}}

SALES ADDENDUM

This Sales Addendum (the "Addendum") is made and entered into on this {{day}} day of {{month}}, {{year}},

BETWEEN:

{{seller_company_name}}, a company duly incorporated under the laws of {{seller_jurisdiction}}, with its principal place of business at {{seller_address}} (hereinafter referred to as "the Seller");

AND

{{buyer_company_name}}, a company duly incorporated under the laws of {{buyer_jurisdiction}}, with its principal place of business at {{buyer_address}} (hereinafter referred to as "the Buyer").

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

WHEREAS, the parties desire to amend and supplement certain terms and conditions of the Original Agreement as set forth herein.

1. AMENDMENTS TO THE ORIGINAL AGREEMENT

The parties hereby agree to amend the Original Agreement as follows:

1.1. **{{Clause_number_to_amend}} of the Original Agreement shall be deleted in its entirety and replaced with the following:**

"{{new_clause_text}}"

1.2. **{{Clause_number_to_amend}} of the Original Agreement shall be amended to read as follows:**

"{{amended_clause_text}}"

1.3. **The following new clause, {{New_clause_number}}, shall be inserted immediately after {{existing_clause_number}} of the Original Agreement:**

"{{new_clause_text}}"

2. ADDITIONAL TERMS AND CONDITIONS

The parties hereby agree to the following additional terms and conditions, which shall form an integral part of the Original Agreement:

2.1. **Price Adjustment:** The original purchase price of {{original_price}} shall be adjusted to {{new_price}}, effective from {{effective_date_of_price_adjustment}}.

2.2. **Delivery Schedule:** The new delivery schedule for the goods/services shall be as follows: {{revised_delivery_schedule}}.

2.3. **Payment Terms:** The payment terms shall be amended to: {{revised_payment_terms}}.

2.4. **Product Specifications:** The product specifications are hereby updated as per Appendix A, attached hereto and incorporated by reference. {{Detailed_product_specifications_changes}}

3. EFFECT OF ADDENDUM

Except as expressly amended and supplemented by this Addendum, all other terms and conditions of the Original Agreement shall remain in full force and effect.

In the event of any conflict or inconsistency between the terms of this Addendum and the Original Agreement, the terms of this Addendum shall prevail.

4. GOVERNING LAW AND JURISDICTION

This Addendum and the Original Agreement shall be governed by and construed in accordance with the laws of {{country_of_governing_law}}.

Any dispute arising out of or in connection with this Addendum shall be subject to the exclusive jurisdiction of the courts of {{country_of_jurisdiction}}.

5. ENTIRE AGREEMENT

This Addendum, together with the Original Agreement, constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior discussions, negotiations, and agreements, whether oral or written.

IN WITNESS WHEREOF

The parties have executed this Sales Addendum as of the date first above written.

SIGNATURES

FOR THE SELLER:

_____________________________

Name: {{seller_signer_name}}

Title: {{seller_signer_title}}

Date: {{seller_signature_date}}

FOR THE BUYER:

_____________________________

Name: {{buyer_signer_name}}

Title: {{buyer_signer_title}}

Date: {{buyer_signature_date}}

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