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Addendum To Purchase Agreement Template for United Arab Emirates

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Key Requirements PROMPT example:

Addendum To Purchase Agreement

"I need an Addendum to Purchase Agreement under UAE law to modify the payment terms and delivery schedule of our existing equipment purchase agreement, adjusting the final payment date to March 15, 2025, and extending the delivery timeline by 3 months."

Document background
An Addendum To Purchase Agreement is essential in UAE commercial transactions when parties need to modify their existing contractual arrangements without creating an entirely new agreement. This document type is commonly used when business circumstances require adjustments to original terms, such as changes in pricing, delivery schedules, or specifications. Under UAE law, particularly the Civil Code (Federal Law No. 5 of 1985), such modifications must be clearly documented and agreed upon by all parties. The addendum must reference the original agreement and specify exactly which terms are being modified while explicitly stating that all other terms remain unchanged. This approach provides legal certainty while maintaining the efficiency of the original contract structure, making it particularly valuable in the UAE's dynamic business environment where commercial relationships often need to evolve over time.
Suggested Sections

1. Parties: Identification of all parties to the original Purchase Agreement, maintaining the same names and designations as in the original agreement

2. Background: Reference to the original Purchase Agreement including its date and any previous amendments, and brief context for the current modification

3. Definitions: Key terms used in the addendum, incorporating definitions from the original agreement and any new terms introduced

4. Purpose of Amendment: Clear statement of the specific aspects of the original agreement being modified

5. Amendments: Detailed description of each modification, referencing specific sections or clauses of the original agreement being amended

6. Confirmation of Other Terms: Statement confirming that all other terms and conditions of the original agreement remain unchanged and in full force and effect

7. Governing Law: Confirmation that the addendum is governed by UAE law, consistent with the original agreement

8. Execution: Signature blocks for all parties, including date and place of signing

Optional Sections

1. Payment Modifications: Required when changes involve payment terms, amounts, or methods

2. Timeline Amendments: Used when delivery dates or project milestones are being modified

3. Scope Changes: Necessary when modifying the scope of goods/services from the original agreement

4. Force Majeure Update: Added when modifications are related to force majeure events or risk allocation

5. Compliance Updates: Required when amendments are needed to ensure compliance with new laws or regulations

6. Dispute Resolution Modifications: Used when changing dispute resolution procedures or jurisdiction provisions

Suggested Schedules

1. Schedule A - Revised Pricing: Detailed breakdown of any modified prices, payment schedules, or financial terms

2. Schedule B - Amended Specifications: Technical specifications or scope modifications, if applicable

3. Schedule C - Revised Timeline: Modified delivery dates, milestones, or project schedule

4. Schedule D - Changed Terms Matrix: Side-by-side comparison of original and modified terms for clarity

5. Appendix 1 - Supporting Documents: Any relevant supporting documentation referenced in the addendum

6. Appendix 2 - Regulatory Approvals: Copies of any required regulatory approvals for the modifications

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

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Relevant Industries

Real Estate

Construction

Manufacturing

Retail

Technology

Energy

Healthcare

Automotive

Logistics

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Hospitality

Trading

Relevant Teams

Legal

Procurement

Finance

Commercial

Operations

Business Development

Compliance

Risk Management

Supply Chain

Contract Administration

Relevant Roles

Legal Counsel

Procurement Manager

Contract Manager

Chief Financial Officer

Commercial Director

Business Development Manager

Operations Director

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Project Manager

Supply Chain Manager

Compliance Officer

Risk Manager

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