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Addendum To Subcontract Agreement
"I need an Addendum to Subcontract Agreement under Indian law to modify our existing IT services subcontract with Techno Solutions Pvt Ltd, dated January 15, 2025, to expand the scope of work to include cloud migration services and increase the contract value by 25%."
1. Parties: Identification of all parties to the original subcontract agreement, including their registered addresses and company details
2. Background: Reference to the original subcontract agreement, its date, and brief context for the modifications being made
3. Definitions: Key terms used in the addendum, incorporating definitions from the original agreement and any new terms introduced
4. Amendments to Original Agreement: Specific modifications to the original agreement, clearly referencing the sections being modified and the new language
5. Effect on Original Agreement: Confirmation that all other terms of the original agreement remain in full force and effect
6. Integration: Statement that this addendum forms part of the original agreement and should be read and construed as one document
7. Governing Law and Jurisdiction: Confirmation that the governing law and jurisdiction provisions of the original agreement apply to this addendum
8. Execution: Signature blocks for all parties, including witness requirements as per Indian law
1. Additional Representations and Warranties: Used when the modifications require new representations or warranties from either party
2. Regulatory Compliance: Include when modifications involve regulatory requirements or new compliance obligations
3. Modified Payment Terms: When changes to payment schedules, amounts, or methods are involved
4. Revised Scope of Work: When modifications affect the scope of services or deliverables
5. Time Extensions: When the addendum involves changes to project timelines or completion dates
6. Additional Security: When new security or performance guarantees are required
7. Force Majeure Updates: When circumstances require modification to force majeure provisions
8. Insurance Requirements: When changes to insurance coverage or requirements are needed
1. Schedule A - Modified Scope of Work: Detailed description of any changes to the scope of work, if applicable
2. Schedule B - Revised Price Schedule: Updated pricing details, payment terms, or rate cards if modified
3. Schedule C - Amended Timeline: Modified project schedule or milestone dates
4. Schedule D - Changed Technical Specifications: Any updates to technical requirements or specifications
5. Appendix 1 - Required Approvals: List of any new regulatory or third-party approvals needed for the modifications
6. Appendix 2 - Form of Additional Security: Templates or forms for any new security instruments required
7. Appendix 3 - Amended KPIs: Modified performance indicators or service levels if applicable
8. Appendix 4 - Supporting Documents: Any additional documentation evidencing the need or basis for the modifications
Authors
Construction
Infrastructure
Information Technology
Manufacturing
Engineering
Telecommunications
Energy and Utilities
Mining
Oil and Gas
Facilities Management
Real Estate Development
Industrial Services
Legal
Procurement
Operations
Commercial
Finance
Project Management
Risk and Compliance
Supply Chain
Contract Administration
Business Development
Contract Manager
Project Manager
Legal Counsel
Procurement Manager
Commercial Manager
Operations Director
Construction Manager
Site Supervisor
Chief Financial Officer
Risk Manager
Compliance Officer
Project Director
Supply Chain Manager
Business Development Manager
Cost Controller
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