Document background
The Addendum To Purchase Contract is a critical legal instrument used when parties need to modify their existing purchase agreement without creating an entirely new contract. This document type is particularly relevant under Swiss law, where contract modifications must comply with specific requirements of the Swiss Code of Obligations. It is commonly used when circumstances necessitate changes to price, quantity, delivery terms, specifications, or other contractual provisions. The addendum must clearly reference the original agreement and specify which terms are being modified while confirming that unmodified terms remain in effect. It's essential in situations where business relationships evolve, market conditions change, or parties need to formalize agreed adjustments to their original purchase arrangements.
