Document background
The Purchase Agreement Addendum is essential in commercial relationships where parties need to modify their existing purchase arrangements without creating an entirely new agreement. This document type is commonly used under Dutch law when circumstances require adjustments to original terms, such as price changes, delivery modifications, or specification updates. It must comply with the Dutch Civil Code (Burgerlijk Wetboek) and maintains legal continuity with the original agreement while incorporating necessary changes. The addendum is particularly valuable when parties wish to preserve their established business relationship while adapting to new circumstances, market conditions, or business requirements. It provides a clear audit trail of contract modifications and helps prevent misunderstandings by formally documenting agreed changes.
