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Legal AgreementsIndemnity & Compensation

Amending Agreement

This Amending Agreement is used to formally modify the terms and conditions of a previously executed contract between two or more parties. It ensures that all changes are legally documented and agreed upon by all signatories.

Updated 15d ago
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Company Letterhead

{{company_name}}

{{company_address}}

Phone: {{phone}}

Email: {{email}}

Website: {{website}}

Amending Agreement

This Amending Agreement ('Agreement') is made and entered into on this {{day}} day of {{month}}, {{year}},

BETWEEN:

{{party_one_name}} (Registration Number: {{party_one_registration_number}}), a company duly incorporated and existing under the laws of {{jurisdiction_party_one}}, with its principal place of business at {{party_one_address}} (hereinafter referred to as 'Party A');

AND

{{party_two_name}} (Registration Number: {{party_two_registration_number}}), a company duly incorporated and existing under the laws of {{jurisdiction_party_two}}, with its principal place of business at {{party_two_address}} (hereinafter referred to as 'Party B').

(Party A and Party B are hereinafter collectively referred to as the 'Parties' and individually as a 'Party')

Preamble

WHEREAS, the Parties previously entered into an agreement titled '{{original_agreement_title}}' dated {{original_agreement_date}} (hereinafter referred to as the 'Original Agreement');

AND WHEREAS, the Parties now desire to amend certain terms and conditions of the Original Agreement in accordance with the provisions of this Amending Agreement.

Amendments

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

1. Clause {{clause_number_to_amend}} of the Original Agreement shall be deleted in its entirety and replaced with the following new clause:

'{{new_clause_text}}'

2. The following new Clause {{new_clause_number}} shall be added immediately after Clause {{preceding_clause_number}} of the Original Agreement:

'{{added_clause_text}}'

3. The definitions section of the Original Agreement is hereby amended by adding the following new definition:

'{{new_definition_term}}' means '{{new_definition_text}}'

4. Any other amendments explicitly agreed upon by the Parties and detailed in Annexure A attached hereto.

Effect of Amendment

Save as specifically amended by this Agreement, all other terms and conditions of the Original Agreement shall remain in full force and effect and shall be binding on the Parties.

Upon the execution of this Agreement, the Original Agreement shall be read and construed as if the amendments contained herein were originally part of the Original Agreement.

Governing Law and Jurisdiction

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

The Parties hereto irrevocably submit to the non-exclusive jurisdiction of the courts of {{court_jurisdiction}}.

Counterparts

This Agreement 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.

Entire Agreement

This 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, relating thereto.

Signature Block

IN WITNESS WHEREOF, the Parties have executed this Amending Agreement on the date first above written.

FOR PARTY A:

_____________________________

Name: {{party_a_signatory_name}}

Title: {{party_a_signatory_title}}

Date: {{party_a_signature_date}}

FOR PARTY B:

_____________________________

Name: {{party_b_signatory_name}}

Title: {{party_b_signatory_title}}

Date: {{party_b_signature_date}}

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