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1. Parties: Identification of all parties to the extension agreement, which should match the original agreement unless there are permitted assignments/transfers
2. Background: Reference to the original agreement, its date, and parties' desire to extend it
3. Definitions: Key terms used in the extension agreement, including reference to defined terms in the original agreement
4. Extension of Term: Clear statement of the new term duration and effective date of the extension
5. Confirmation of Terms: Affirmation that all other terms of the original agreement remain in full force and effect
6. Governing Law: Confirmation of the governing law, which typically matches the original agreement
7. Counterparts and Execution: Provisions for signing the extension agreement, including electronic execution if applicable
1. Modified Terms: Used when the parties are also modifying certain terms of the original agreement beyond just the extension of time
2. Consideration: Required if there is new consideration for the extension or if consideration needs to be explicitly stated
3. Representations and Warranties: Used when parties need to confirm certain facts or conditions as of the extension date
4. Conditions Precedent: Include if the extension is conditional upon certain events or actions
5. Regulatory Compliance: Required if the extension needs to comply with specific regulatory requirements
6. Fee Adjustments: Include if there are any price or fee changes associated with the extension
7. Notice Details: Include if there are any updates to the notice details from the original agreement
1. Schedule A - Original Agreement: Copy of the original agreement being extended
2. Schedule B - Modified Terms: Detailed list of any terms being modified beyond the extension of time
3. Schedule C - Updated Fee Schedule: If applicable, new or modified fees for the extension period
4. Schedule D - Conditions Precedent: If applicable, detailed list of conditions that must be met for the extension to be effective
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Financial Services
Telecommunications
Agriculture
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Entertainment
Legal
Procurement
Finance
Operations
Commercial
Business Development
Compliance
Risk Management
Contract Administration
Sales
Account Management
Executive Leadership
Contract Manager
Legal Counsel
Business Development Manager
Chief Financial Officer
Procurement Manager
Project Manager
Account Executive
Operations Director
Commercial Manager
Risk Manager
Compliance Officer
General Manager
Chief Executive Officer
Sales Director
Relationship Manager
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