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Agreement To Amend Extend Contract Template for United States

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Key Requirements PROMPT example:

Agreement To Amend Extend Contract

"I need an Agreement To Amend Extend Contract to extend our existing software license agreement for an additional two years until March 1, 2025, while also updating the annual maintenance fees to reflect current market rates."

Document background
The Agreement To Amend Extend Contract is essential when parties need to modify or extend their existing contractual relationship while maintaining the fundamental structure of their original agreement. This document is commonly used in U.S. business transactions when circumstances change, requiring adjustments to contract duration, terms, or conditions. It ensures compliance with federal and state contract laws, includes specific reference to the original agreement, clearly outlines modifications, and maintains proper consideration requirements under U.S. contract law.
Suggested Sections

1. Parties: Identification of all parties to the original contract and amendment

2. Background: Reference to original contract and reason for amendment/extension

3. Definitions: Key terms used in the amendment agreement

4. Amendment Details: Specific changes being made to the original contract

5. Extension Terms: New duration of the contract if applicable

6. Confirmation of Other Terms: Statement that all other terms remain unchanged

Optional Sections

1. Additional Consideration: Details of any new consideration being provided - use when amendment includes changes to payment or other consideration

2. Representations and Warranties: New or updated representations - use when significant changes affect original representations

3. Conditions Precedent: Conditions that must be met before amendment takes effect - use when amendment is contingent on certain events

Suggested Schedules

1. Schedule of Amended Clauses: Detailed list of specific clauses being modified

2. Updated Payment Schedule: Revised payment terms and schedule if payment terms are being modified

3. Original Contract: Copy of the original contract being amended as reference

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

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Industries

Uniform Commercial Code (UCC): Federal law governing commercial transactions if the original contract involves sale of goods. Key for determining amendment requirements for goods-related contracts.

Common Law Contract Principles: Fundamental principles governing service contracts and contract modifications, including requirements for consideration and mutual assent.

Statute of Frauds: Legal requirement that certain contracts and their modifications must be in writing and signed to be enforceable.

State-Specific Contract Laws: Varying state requirements for contract modifications, including specific rules and statute of limitations that differ by jurisdiction.

Amendment Writing Requirements: Legal standards for how contract modifications must be documented, including format and content requirements.

Consideration Requirements: Legal rules regarding the exchange of value necessary to make contract amendments binding.

E-SIGN Act: Federal law establishing the legal validity of electronic signatures and records in interstate commerce.

UETA: Uniform Electronic Transactions Act providing framework for electronic signatures in states that have adopted it.

Original Contract Amendment Provisions: Specific clauses in the original contract that govern how modifications can be made.

Notice Requirements: Legal and contractual requirements for providing notice of contract amendments to all parties.

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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