The Amendment and Assignment Agreement is utilized when parties need to both modify an existing contract and transfer rights and obligations to a new party. Common scenarios include corporate restructuring, mergers and acquisitions, or business relationship changes. This document type is particularly important in the United States as it provides a clear audit trail of contract modifications and ensures compliance with both federal and state assignment laws. It typically includes details of the original agreement, specific amendments, assignment provisions, and any necessary consents or approvals.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let ¶¶Òõ¶ÌÊÓƵ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identification of all parties to the agreement, including original parties and new assignee
2. Background/Recitals: Context of the original agreement and reason for amendment and assignment
3. Definitions: Key terms used in the agreement, including reference to original agreement
4. Amendment Provisions: Specific modifications to the original agreement
5. Assignment Provisions: Terms of assignment, rights and obligations being transferred
6. Consent to Assignment: Original parties' formal consent to the assignment
7. Effective Date: When the amendment and assignment take effect
1. Representations and Warranties: Assurances from parties regarding authority and capacity to enter into the assignment
2. Consideration: Details of any payment or consideration for the assignment
3. Release Provisions: Release of original party from obligations post-assignment
4. Governing Law Amendment: Changes to applicable law or jurisdiction if needed due to assignee's location
1. Original Agreement: Copy of the agreement being amended and assigned
2. Schedule of Amendments: Detailed list of specific changes to original agreement
3. Corporate Authorizations: Evidence of authority to enter into assignment
4. Third Party Consents: Any required third party or regulatory approvals
Authors
Relevant legal definitions
Clauses
Relevant Industries
Relevant Teams
Relevant Roles
Find the exact document you need
Amendment Of Existing Agreement Terms
A U.S.-governed legal document that modifies specific terms of an existing agreement while preserving other original contract provisions.
find out more
Lease Amendment Rent Increase
A U.S. legal document that modifies an existing lease to implement a rent increase while maintaining other original lease terms.
find out more
Lease Amendment To Remove One Tenant
A U.S.-governed amendment that removes one tenant from an existing lease while maintaining its validity for remaining tenants.
find out more
Amendment House Contract
A U.S. legal document that modifies existing terms of a house contract while maintaining other original provisions.
find out more
Agreement To Amend Extend Contract
A U.S.-governed agreement that modifies and/or extends an existing contract's terms while maintaining its legal enforceability.
find out more
Amendment To Land Contract
A U.S. legal document that modifies terms of an existing land contract while maintaining compliance with state real estate laws.
find out more
Amendment To Terminate Agreement
A U.S.-compliant legal document that formally terminates an existing agreement between parties while establishing termination terms and conditions.
find out more
First Addendum To Agreement
A U.S. legal document that modifies an existing agreement while maintaining its core structure and validity.
find out more
Amendment And Assignment Agreement
A U.S. legal document that both modifies an existing agreement and transfers rights and obligations from one party to another.
find out more
Extension Of Time Letter
A formal request document used in U.S. jurisdictions to seek approval for extending project completion dates or contractual deadlines.
find out more
Commercial Lease Addendum
A U.S. legal document that modifies existing commercial lease terms while maintaining the original agreement's validity.
find out more
Addendum To Extend Contract
A U.S. legal document that extends the duration of an existing contract while maintaining its original terms and conditions.
find out more
Amendment To Agreement
A U.S. legal document that modifies terms of an existing agreement while keeping the original contract in force.
find out more
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
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)