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Amendment To Extend Contract
"I need an Amendment To Extend Contract for our IT services agreement with TechServe GmbH, extending the current contract for an additional 24 months from January 1, 2025, while maintaining all existing terms and pricing."
1. Parties: Identification of all parties to the original contract, including their full legal names, addresses, and registration details
2. Background: Reference to the original contract (including date and title), its current term, and the parties' desire to extend it
3. Definitions: Key terms used in the amendment, including 'Original Contract', 'Extension Date', and 'New Expiration Date'
4. Extension of Term: Clear statement of the new contract duration, including specific start and end dates
5. Confirmation of Other Terms: Affirmation that all other terms and conditions of the original contract remain unchanged
6. Governing Law: Confirmation that Swiss law continues to govern the agreement
7. Counterparts and Execution: Provisions for signing the amendment, including allowance for electronic signatures if applicable
1. Additional Modifications: Used when parties wish to make other minor changes to the contract alongside the extension
2. Updated Notice Details: Include if contact information or notice requirements for any party have changed
3. Regulatory Compliance: Include if the extension triggers any regulatory requirements or needs specific compliance acknowledgments
4. Performance Review: Include if the extension is conditional upon or follows a review of contract performance
5. Price Adjustment: Include if the extension involves any changes to pricing or payment terms
1. Schedule 1 - Updated Term Sheet: Details of the extended duration and any modified commercial terms
2. Schedule 2 - Performance Metrics: If applicable, updated or continued performance requirements during the extension period
3. Appendix A - Original Contract: Copy of the original contract being extended (for reference)
4. Appendix B - Authorization Documents: Any corporate approvals or board resolutions required for the extension
Authors
Technology
Manufacturing
Professional Services
Healthcare
Financial Services
Real Estate
Construction
Retail
Telecommunications
Energy
Education
Transportation and Logistics
Legal
Procurement
Commercial
Operations
Business Development
Compliance
Risk Management
Contract Administration
Finance
Corporate Affairs
Legal Counsel
Contract Manager
Procurement Manager
Business Development Manager
Commercial Director
Chief Legal Officer
Operations Manager
Project Manager
Account Executive
Compliance Officer
General Counsel
Risk Manager
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