The Sales Contract Addendum Template serves as a crucial tool for businesses operating under English and Welsh jurisdiction who need to modify existing sales arrangements. This document is typically used when parties need to alter specific terms of their original sales agreement, such as pricing, delivery schedules, or specifications, without invalidating the entire contract. It ensures that modifications are properly documented and legally enforceable while maintaining consistency with the original agreement's framework. The template incorporates relevant statutory requirements and common law principles, providing a secure basis for contract modification.
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1. Identification of Original Agreement: Details of the original sales contract being modified, including date and parties
2. Purpose of Addendum: Clear statement of why the addendum is being created
3. Modifications: Specific changes to the original agreement, with reference to relevant clauses
4. Effect on Original Agreement: Statement that all other terms remain in full force and effect
5. Execution: Signature blocks and date of addendum
1. Definitions: New terms and definitions being introduced in the addendum
2. Consideration: Statement of consideration for the changes when new value is being exchanged
3. Regulatory Compliance: Additional compliance requirements when changes affect regulatory obligations
1. Modified Price Lists: Updated pricing information if prices are being modified
2. Revised Specifications: Modified product or service specifications
3. Timeline Amendments: Updated delivery or performance schedules
Relevant legal definitions
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