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Legal AgreementsIndemnity & Compensation

Amendment Agreement

This Amendment Agreement is used to modify the terms and conditions of an existing contract between two or more parties. It ensures all changes are formally documented and legally binding.

Updated 15d ago
amendmentagreementcontractmodificationlegalSouthern Africabusiness

Company Letterhead

{{company_name}}

{{company_address}}

Phone: {{phone}}

Email: {{email}}

Website: {{website}}

Amendment Agreement

THIS AMENDMENT AGREEMENT (hereinafter referred to as the "Agreement") is made and entered into on this {{day}} day of {{month}}, {{year}}.

BETWEEN:

1. {{party_one_name}}, a company duly incorporated under the laws of {{jurisdiction_one}}, with its registered office at {{party_one_address}} (hereinafter referred to as "Party A");

AND

2. {{party_two_name}}, a company duly incorporated under the laws of {{jurisdiction_two}}, with its registered office at {{party_two_address}} (hereinafter referred to as "Party B").

(Each a "Party" and collectively the "Parties")

RECITALS

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 set forth herein.

AMENDMENTS

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

"{{new_clause_text}}"

2. A new Clause {{new_clause_number}} shall be inserted immediately after Clause {{preceding_clause_number}} of the Original Agreement, to read as follows:

"{{new_clause_text_two}}"

3. Any reference to "{{original_term}}" in the Original Agreement shall be amended to "{{amended_term}}" wherever it appears.

EFFECT OF AMENDMENT

Except as expressly amended by this Agreement, all other terms and conditions of the Original Agreement shall remain in full force and effect and are hereby ratified and confirmed.

This Amendment Agreement shall be read and construed as an integral 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}}.

Any dispute arising out of or in connection with this Agreement, including any question regarding its existence, validity or termination, shall be referred to and finally resolved by the courts of {{dispute_resolution_jurisdiction}}.

COUNTERPARTS

This Agreement may be executed in any number of counterparts, each of which when executed and delivered shall constitute a duplicate original, but all the counterparts shall together constitute the one and same agreement.

SIGNATURES

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

FOR AND ON BEHALF OF PARTY A:

__________________________

Name: {{party_a_signatory_name}}

Title: {{party_a_signatory_title}}

Date: {{party_a_signature_date}}

FOR AND ON BEHALF OF PARTY B:

__________________________

Name: {{party_b_signatory_name}}

Title: {{party_b_signatory_title}}

Date: {{party_b_signature_date}}

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