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Addendum To Change Name On Contract Template for India

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Key Requirements PROMPT example:

Addendum To Change Name On Contract

"I need an Addendum To Change Name On Contract to update our company name from 'TechStart Solutions Private Limited' to 'TechStart Innovations Private Limited' effective March 1, 2025, which needs to be applied to all our existing client contracts."

Document background
The Addendum To Change Name On Contract is a critical legal document used when a party to an existing contract undergoes a name change, whether due to corporate restructuring, marriage, legal name change, or other circumstances. This document is essential in the Indian legal context as it creates a formal bridge between the old and new names while preserving the continuity and enforceability of the original contract. It must comply with Indian contract law requirements and typically includes details of the original contract, specific name change information, effective date, and confirmation that all other terms remain unchanged. The addendum is particularly important for maintaining clear audit trails and preventing future disputes about party identity or contract validity. It may require stamp duty payment and possible registration depending on the nature of the original contract and local state requirements in India.
Suggested Sections

1. Parties: Identification of all parties to the original contract, including their current legal names and addresses

2. Background: Reference to the original contract (including date and title) and brief explanation of the need for name change

3. Definitions: Define key terms used in the addendum, including references to the 'Original Contract', 'Effective Date', etc.

4. Name Change Details: Specific details of the name change, including the old name and new name

5. Effective Date: The date from which the name change will be effective in relation to the contract

6. Confirmation of Other Terms: Statement confirming that all other terms and conditions of the original contract remain unchanged

7. Binding Effect: Statement that the addendum is binding on all parties and forms part of the original contract

8. Execution: Signature blocks for all parties to execute the addendum

Optional Sections

1. Regulatory Compliance: Include when the name change involves regulatory notifications or compliance requirements

2. Corporate Authority: Include when the name change is due to corporate restructuring, requiring proof of authority for the change

3. Third Party Notifications: Include when specific third parties need to be notified of the name change

4. Transitional Provisions: Include when there needs to be a transition period for implementing the name change

5. Costs: Include when there are specific arrangements about who bears the costs of the name change and associated documentation

Suggested Schedules

1. Schedule 1 - Original Contract: Copy of the original contract being amended

2. Schedule 2 - Name Change Documentation: Official documentation evidencing the name change (e.g., certificate of name change, government approvals)

3. Schedule 3 - Corporate Resolutions: If applicable, corporate resolutions or other authorization documents approving the name change

Authors

Alex Denne

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

Relevant legal definitions















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Relevant Industries

Banking and Financial Services

Information Technology

Manufacturing

Real Estate

Healthcare

Education

Retail

Construction

Professional Services

Telecommunications

Energy and Utilities

Transportation and Logistics

Media and Entertainment

Non-Profit Organizations

Government and Public Sector

Relevant Teams

Legal

Compliance

Corporate Secretarial

Administration

Human Resources

Operations

Contract Management

Risk Management

Documentation

Business Development

Relevant Roles

Legal Counsel

Contract Manager

Company Secretary

Compliance Officer

Corporate Lawyer

Business Development Manager

Human Resources Manager

Administrative Officer

Chief Legal Officer

Documentation Specialist

Risk Manager

Operations Manager

Project Manager

Procurement Manager

General Counsel

Industries




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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