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Addendum To Memorandum Of Understanding

Addendum To Memorandum Of Understanding Template for Switzerland

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Key Requirements PROMPT example:

Addendum To Memorandum Of Understanding

"I need an Addendum to Memorandum of Understanding to extend our research partnership with ETH Zurich for an additional 3 years until March 2025, including updated funding commitments and new intellectual property sharing provisions."

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Document background
An Addendum To Memorandum Of Understanding is a critical document used when parties need to modify their existing MOU without completely replacing it. This document type is particularly relevant under Swiss law, where formal documentation of contractual modifications is important for legal certainty. It's commonly used when circumstances change, new terms need to be added, or existing provisions require updating. The addendum must carefully reference the original MOU and clearly specify which provisions are being modified, added, or deleted. The document ensures compliance with Swiss legal requirements while maintaining the flexibility needed in commercial relationships. It's especially useful for long-term strategic partnerships where adjustments are needed to accommodate changing business conditions or new opportunities.
Suggested Sections

1. Parties: Identification of all parties to the original MOU, maintaining the same names and details for consistency

2. Background: Reference to the original MOU including its date and parties, and brief context for the addendum

3. Definitions: Key terms used in the addendum, incorporating definitions from original MOU by reference and adding any new definitions

4. Purpose of Addendum: Clear statement of the intention and scope of the modifications being made to the original MOU

5. Amendments to Original MOU: Specific, numbered modifications to the original MOU, clearly referencing affected sections and new language

6. Effect on Original MOU: Statement confirming all other provisions of the original MOU remain in full force and effect

7. Governing Law: Confirmation of Swiss law as governing law, maintaining consistency with original MOU

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

Optional Sections

1. Integration Clause: Section stating this addendum and the original MOU constitute the entire agreement - used when multiple previous amendments exist

2. Language: Specification of controlling language version - needed when document is prepared in multiple languages

3. Term and Termination Modifications: Include when the addendum affects the duration or termination provisions of the original MOU

4. Counterparts: Section allowing for execution in counterparts - useful for parties signing in different locations

5. Notices: Include if there are changes to contact details or notification procedures from the original MOU

Suggested Schedules

1. Schedule of Amendments: Detailed table showing original text and amended text in parallel columns for clarity

2. Updated Timeline: If the addendum modifies any project timelines or deadlines from the original MOU

3. Revised Financial Terms: If the addendum includes modifications to financial arrangements or payment terms

4. Updated Contact Information: List of new or modified contact details for key personnel or official notices

5. Comparison Version: Redlined version showing all changes against the original MOU text

Authors

Alex Denne

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

alex.den.21@genieai.co
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Corporate Secretariat

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Contract Manager

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