¶¶Òõ¶ÌÊÓƵ

All Countries
Compliance
Addendum To Extend Contract

Addendum To Extend Contract Template for Nigeria

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Addendum To Extend Contract

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Addendum To Extend Contract

"I need an Addendum to Extend Contract under Nigerian law for a software maintenance agreement with TechServe Limited, extending the current contract for an additional 24 months until March 15, 2025, with all other terms remaining the same."

Celebrated by
Collaborations with
Investors
Document background
The Addendum To Extend Contract is a crucial document in Nigerian business practice used when parties wish to continue their contractual relationship beyond the original termination date. It is particularly relevant when the original contract terms remain satisfactory but the duration needs to be adjusted. This document type must comply with Nigerian contract law and often requires consideration of sector-specific regulations. It's commonly used in situations where renegotiating an entirely new contract would be unnecessary or impractical, providing a streamlined approach to contract extension. The addendum typically specifies the new termination date, any adjusted terms, and confirms the continuation of all other original contract provisions. Stamp duty requirements and proper execution under Nigerian law are essential for its validity.
Suggested Sections

1. Parties: Identification of the parties to the original contract who are agreeing to the extension

2. Background: Reference to the original contract, its date, and current expiration date

3. Definitions: Key terms used in the addendum, particularly focusing on new terms or modified definitions

4. Extension of Term: Clear statement of the new contract duration and effective date of the extension

5. Confirmation of Other Terms: Affirmation that all other terms and conditions of the original contract remain unchanged

6. Governing Law: Confirmation that the addendum is governed by Nigerian law

7. Execution: Signature blocks for all parties

Optional Sections

1. Modified Terms: Include if any other terms besides the duration are being modified as part of the extension

2. Consideration: Include if there is any new consideration being provided for the extension

3. Conditions Precedent: Include if the extension is subject to certain conditions being met

4. Updated Notice Details: Include if any party's contact information has changed since the original contract

5. Regulatory Compliance: Include if the extension requires any regulatory approvals or notifications

6. Performance Review: Include if the extension is contingent on or follows a review of contract performance

Suggested Schedules

1. Schedule of New Term Dates: Detailed breakdown of the extension period, including any milestone dates or phase transitions

2. Schedule of Updated Rates: If applicable, any price adjustments or new rate cards that will apply during the extended term

3. Schedule of Modified Terms: If multiple terms are being modified, a comprehensive list of all changes to the original contract

4. Schedule of Conditions Precedent: If applicable, detailed list of conditions that must be met for the extension to take effect

Authors

Alex Denne

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

alex.den.21@genieai.co
Relevant legal definitions




















Clauses




















Relevant Industries

Oil and Gas

Manufacturing

Technology and Communications

Financial Services

Construction and Real Estate

Healthcare

Education

Agriculture

Retail and Consumer Goods

Transportation and Logistics

Mining

Professional Services

Entertainment and Media

Energy and Utilities

Relevant Teams

Legal

Procurement

Finance

Operations

Commercial

Business Development

Compliance

Risk Management

Contract Administration

Corporate Secretariat

Relevant Roles

Legal Counsel

Contract Manager

Procurement Manager

Business Development Manager

Chief Executive Officer

Chief Financial Officer

Operations Manager

Project Manager

Commercial Director

Compliance Officer

Risk Manager

General Counsel

Company Secretary

Finance Director

Managing Director

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

Find the exact document you need

Loan Amendment Agreement

A Nigerian law-governed agreement that modifies existing loan terms between lender and borrower, documenting changes to financial, security, or other key provisions.

find out more

Amendment To Land Contract

A Nigerian legal document that modifies an existing land contract, subject to federal and state land laws, including the Land Use Act requirements.

find out more

Addendum To Extend Contract

A Nigerian law-governed document that extends an existing contract's duration while maintaining its core terms and conditions.

find out more

Amendment To Agreement

A Nigerian law-governed document that modifies specific terms of an existing agreement while maintaining its original framework.

find out more

Lease Modification Agreement

A Nigerian law-governed agreement that modifies specific terms of an existing lease while maintaining other original conditions.

find out more

Amendment To Purchase Agreement

A Nigerian law-governed document that modifies specific terms of an existing Purchase Agreement while maintaining other original terms.

find out more

Amendment To Employment Contract

A legal document under Nigerian law that modifies specific terms of an existing employment contract while maintaining other original terms.

find out more

Amendment To Employment Agreement

A Nigerian law-compliant document that modifies an existing employment agreement, documenting agreed changes while preserving other original terms.

find out more

Addendum To Lease Agreement

A Nigerian law-compliant document that modifies an existing lease agreement while maintaining other original terms intact.

find out more

Addendum To Existing Contract

A Nigerian law-governed document that modifies an existing contract while maintaining its original framework and legal validity.

find out more

Addendum To Contract

A legal document under Nigerian law used to modify or amend terms of an existing contract while keeping the original agreement's core structure intact.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.

Read our Privacy Policy.