The Amendment To Contract Extension Agreement is a crucial legal instrument used when parties wish to both modify certain terms of their existing contract and extend its duration under Canadian law. This document type is particularly valuable when business relationships have evolved and require adjustments to original terms while continuing the relationship beyond the initial contract period. It's commonly used across various sectors in Canada, from commercial leases to service agreements, where parties need to document both substantive changes and temporal extensions to their original agreement. The document must comply with both federal and provincial contract law requirements, including consideration principles and formal execution requirements. It typically includes detailed references to the original agreement, specific amendments, extension terms, and confirmation of unchanged provisions.
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1. Parties: Identification of all parties to the original agreement and amendment, including their legal names and addresses
2. Background: Recitals identifying the original agreement, its date, and the parties' desire to amend and extend it
3. Definitions: Key terms used in the amendment, including reference to definitions in the original agreement and any new terms
4. Contract Extension: Specific details of the extension period and effective date
5. Amendment Details: Clear articulation of the specific terms being amended in the original agreement
6. Confirmation of Other Terms: Statement confirming all other terms of the original agreement remain unchanged and in full force
7. Governing Law: Confirmation of the applicable law governing the amendment
8. Execution: Signature blocks for all parties and execution requirements
1. Consideration: Section detailing any new consideration being provided for the amendment, if applicable
2. Updated Payment Terms: If the extension includes changes to payment terms or pricing
3. Performance Requirements: Any new or modified performance obligations during the extension period
4. Representations and Warranties: Fresh representations and warranties specific to the extension period
5. Conditions Precedent: Any conditions that must be met before the amendment becomes effective
6. Notice Details: Updated contact information for notices if changed from original agreement
1. Schedule A - Original Agreement: Copy of the original agreement being amended
2. Schedule B - Updated Terms: Detailed list of specific terms being modified, if extensive
3. Schedule C - Updated Pricing: New pricing structure or payment terms, if applicable
4. Schedule D - Performance Metrics: Updated performance requirements or service levels for the extension period
5. Appendix 1 - Authorization Documents: Corporate resolutions or other authorization documents if required
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Manufacturing
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Relevant Teams
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Procurement
Operations
Business Development
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Risk Management
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