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The Addendum To Extend Contract is essential when parties wish to continue their contractual relationship beyond the original termination date under Canadian law. This document is commonly used when the original agreement is performing satisfactorily and parties prefer to extend rather than renegotiate entirely. It's particularly valuable for maintaining business continuity in ongoing service arrangements, lease agreements, employment contracts, and supplier relationships. The addendum typically includes the extension period, any pricing adjustments, updated performance requirements, and confirmation of existing terms. It must comply with Canadian contract law principles regarding modifications and may need to address provincial-specific requirements, especially for contracts involving Quebec's civil law system. This document type is crucial for risk management and maintaining clear contractual relationships while avoiding the complexity and cost of drafting entirely new agreements.

1. Parties: Identification of the parties to the original contract who are agreeing to the extension

2. Background: Reference to the original contract including its date and parties, and statement of intention to extend

3. Definitions: Key terms used in the addendum, including reference to definitions in the original agreement

4. Extension Term: Clear specification of the new termination date or extended period

5. Continuation of Original Terms: Confirmation that all other terms and conditions of the original agreement remain in full force and effect

6. Counterparts and Execution: Provisions for signing the addendum, including allowance for electronic or multiple counterpart execution

7. Governing Law: Confirmation that the addendum is governed by the same law as the original agreement