Document background
The Amended And Restated Agreement is utilized when parties wish to substantially modify an existing agreement while maintaining the original contractual relationship. This document type is particularly relevant under Singapore law when significant changes to an agreement are required, but parties prefer to preserve the original agreement's framework rather than create an entirely new contract. It combines all previous amendments and the original agreement into a single, coherent document, making it easier to understand and implement the current obligations and rights of all parties. The document must comply with Singapore's contract law requirements and typically includes detailed provisions about the transition from the old to the new terms.
