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Addendum To Agreement Of Sale Template for Denmark

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Addendum To Agreement Of Sale

Document background
The Addendum To Agreement Of Sale is a crucial legal instrument used when parties need to modify an existing sale agreement without creating an entirely new contract. This document type is particularly relevant in the Danish legal context, where it must comply with the Danish Sale of Goods Act and Danish Contracts Act. It's commonly used when circumstances require adjustments to original sale terms, such as price modifications, delivery schedule changes, specification updates, or other material amendments. The addendum ensures continuity of the original agreement while incorporating necessary changes, maintaining legal certainty and protecting all parties' interests. This document type is essential for businesses operating in Denmark or under Danish law who need to adapt their sale agreements to changing circumstances or requirements.
Suggested Sections

1. Parties: Identification of all parties to the original agreement, including their full legal names, addresses, and registration numbers if applicable

2. Background: Reference to the original Agreement of Sale including its date, parties, and subject matter, and brief explanation of why the addendum is needed

3. Definitions: Define any new terms introduced in the addendum and reference definitions from the original agreement that remain applicable

4. Modifications to Original Agreement: Clear and specific details of the changes being made to the original agreement, referencing specific sections being modified

5. Effect on Original Agreement: Statement confirming that all other terms and conditions of the original agreement remain in full force and effect

6. Governing Law: Confirmation that Danish law continues to govern the agreement and the addendum

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

Optional Sections

1. Additional Representations and Warranties: Include if new representations or warranties are needed specific to the modifications being made

2. Price Adjustments: Include if the addendum involves changes to the original price or payment terms

3. Timeline Modifications: Include if delivery dates, performance periods, or other time-sensitive terms are being modified

4. Force Majeure Updates: Include if force majeure provisions need to be modified or updated

5. Dispute Resolution Updates: Include if dispute resolution procedures are being modified

Suggested Schedules

1. Schedule A - Modified Terms: Detailed listing of specific terms being modified, showing both original and new language

2. Schedule B - Revised Price Schedule: If applicable, updated pricing information or payment schedules

3. Schedule C - Updated Delivery Timeline: If applicable, revised delivery or performance schedules

4. Appendix 1 - Supporting Documents: Any new documents, certificates, or permits relevant to the modifications

5. Appendix 2 - Consent Documents: Any required third-party consents or approvals for the modifications

Authors

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Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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