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Extension Amendment Agreement Template for Netherlands

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Key Requirements PROMPT example:

Extension Amendment Agreement

"I need an Extension Amendment Agreement under Dutch law to extend our current IT services agreement with ABC Technologies B.V. for an additional 24 months from March 2025, with a 5% price increase for the extension period."

Document background
The Extension Amendment Agreement is a crucial legal document used when parties wish to extend their existing contractual relationship beyond its original term under Dutch law. This document type is particularly relevant when organizations need to maintain continuity in their business relationships while potentially updating certain terms to reflect current circumstances. It's commonly used for extending service agreements, lease contracts, employment agreements, or supply contracts. The agreement must comply with Dutch civil law requirements and typically includes details about the extension period, any modified terms, and confirmations that other original agreement terms remain in force. This document type is essential for businesses looking to avoid gaps in contractual coverage while ensuring their extended arrangements remain legally sound and commercially viable.
Suggested Sections

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

2. Background: Context of the original agreement, reason for extension, and reference to the original agreement including its date and parties

3. Definitions: Key terms used in the amendment agreement, including references to definitions in the original agreement

4. Extension Terms: Specific details of the extension period and any conditions attached to the extension

5. Amendment Details: Clear specification of which provisions of the original agreement are being amended, if any, besides the duration

6. Continued Effect: Confirmation that all other terms and conditions of the original agreement remain in full force and effect

7. Governing Law: Confirmation of Dutch law as the governing law and jurisdiction

8. Execution: Signature blocks for all parties and execution requirements

Optional Sections

1. Additional Representations and Warranties: Include if parties need to make new representations specific to the extension period

2. Price Adjustments: Include if there are any price or payment term modifications for the extension period

3. Performance Review: Include if the extension is conditional upon or follows a review of performance under the original agreement

4. Compliance Updates: Include if new regulatory requirements need to be addressed in the extension

5. Extension Options: Include if providing for future extension options beyond the current extension

6. Transition Provisions: Include if special arrangements are needed for the transition into the extension period

Suggested Schedules

1. Schedule 1 - Original Agreement: Copy of the original agreement being extended

2. Schedule 2 - Updated Commercial Terms: If applicable, detailed breakdown of any modified commercial terms for the extension period

3. Schedule 3 - Performance Metrics: If applicable, updated or new performance metrics for the extension period

4. Appendix A - Authorization Documents: Copies of corporate authorizations for the extension

5. Appendix B - Compliance Certificates: If required, updated compliance certificates or regulatory approvals

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

Information Technology

Professional Services

Manufacturing

Real Estate

Construction

Healthcare

Financial Services

Telecommunications

Retail

Energy

Transportation and Logistics

Education

Relevant Teams

Legal

Procurement

Commercial

Finance

Operations

Compliance

Risk Management

Business Development

Account Management

Project Management

Relevant Roles

Legal Counsel

Contract Manager

Commercial Director

Procurement Manager

Business Development Manager

Chief Financial Officer

General Manager

Operations Director

Compliance Officer

Risk Manager

Account Executive

Project Manager

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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